OKLAHOMA FUTURE FARMERS OF AMERICA FOUNDATION INCORPORATED

EIN: 731283413 501(c)(3) Food, Agriculture & Nutrition

Stillwater, OK

Total Revenue
$1,710,186
Total Expenses
$1,447,690
Total Assets
$10,637,390
Net Assets
$10,637,390
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
OK
Principal Officer
Phil Berkenbile
Phone
5804677403
Tax Period
2023-01-01 to 2023-12-31

OKLAHOMA FUTURE FARMERS OF AMERICA FOUNDATION INCORPORATED, founded in 1986, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $1.7M in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. The organization ran a surplus of $262K, a strong 15% operating margin.

Mission

Provides Oklahoma FFA student members with leadership development training and information on new techniques and opportunities in the field of agriculture. Awards and scholarships are given to members for high achievement.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $591,626
Program Service Revenue $1,095,607
Investment Income $22,953
Other Revenue $0
TOTAL REVENUE $1,710,186

Expense Breakdown

Grants Paid $0
Salaries & Benefits $85,571
Fundraising Expenses $0
Program Expenses $1,282,662
Other Expenses $1,362,119
TOTAL EXPENSES $1,447,690

Year-over-Year Comparison

2023 2022 Change
Revenue $1,710,186 $1,805,871 -0.1%
Expenses $1,447,690 $1,287,149 +0.1%
Net Income $262,496 $518,722 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
27
Independent Members
N/A
Employees
1
Volunteers
30

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
24
$0
Key Employees
1
$78,750
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jacey Fye Executive Director 40
Key Emp
$78,750 $0 $78,750
Mary Baldwin At Large 1
Director
$0 $0 $0
Scott Nemecek State Advisor 1
Director
$0 $0 $0
Trevor Lucas Executive Secretary 1
Director
$0 $0 $0
Skye McNiel Elected Seats 1
Director
$0 $0 $0
Bruce Farquhar Elected Seat 1
Director
$0 $0 $0
Gary Clark Member 1
Director
$0 $0 $0
Michelle Clogston Member 1
Director
$0 $0 $0
Raymond Cockrum Member 1
Director
$0 $0 $0
Jayne Craig Member 1
Director
$0 $0 $0
Steven Davis Memeber 1
Director
$0 $0 $0
Thad Doye Member 1
Director
$0 $0 $0
Randy Gilbert Member 1
Director
$0 $0 $0
Suzanne Gilbert Member 1
Director
$0 $0 $0
Doug Harryman Member 1
Director
$0 $0 $0
Larry Harvey Member 1
Director
$0 $0 $0
Tiffini Jackson Member 1
Director
$0 $0 $0
Keith Kisling Member 1
Director
$0 $0 $0
Mike Hilliary Member 1
Director
$0 $0 $0
Dwight Stoddard Member 1
Director
$0 $0 $0
Marty Summers Member 1
Director
$0 $0 $0
Jim Pilkington Member 1
Director
$0 $0 $0
Dr Robert Wells Member 1
Director
$0 $0 $0
Wes Watkins Member 1
Director
$0 $0 $0
Brett Ramsey Member 1
Director
$0 $0 $0
Brent Kisling Chairman 5
Officer
$0 $0 $0
Phil Berkenbile Vice Chair 1
Officer
$0 $0 $0
Scott Eisenhauer Past Chair 1
Officer
$0 $0 $0
Lee Coker Treasurer 1
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,710,186 $1,447,690 $10,637,390 $262,496
2022 $1,805,871 $1,287,149 $10,374,894 $518,722
2021 $1,539,313 $960,013 $9,856,172 $579,300
2020 $4,286,800 $565,099 $9,276,872 $3,721,701
2019 $2,452,654 $994,633 $5,555,171 $1,458,021
2018 $1,613,929 $807,501 $4,097,150 $806,428
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