FUTURE FARMERS OF AMERICA STATE ASSOCIATIONS & LOCAL CHAPTER (EIN 820333547) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1929

Legal Domicile

Phone

2084295549

Tax Period

2024-01-01 to 2024-12-31

FUTURE FARMERS OF AMERICA STATE ASSOCIATIONS & LOCAL CHAPTER, founded in 1929, is a small nonprofit in the Youth Development sector that reported $207K in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year.

Mission

Idaho FFAs mission is to promote premier leadership personal growth and career success of Idaho FFA members and agricultural education students by providing strategic financial resources for the Idaho FFA Association. To grow the next generation of leaders who will change the world.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $206,627

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $206,627

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $76,919

Other Expenses $225,666

TOTAL EXPENSES $225,666

Year-over-Year Comparison

	2024	2023	Change
Revenue	$206,627	$235,059	-0.1%
Expenses	$225,666	$224,755	+0.0%
Net Income	$-19,039	$10,304	-2.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

N/A

Independent Members

N/A

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Shianne Gammon	CTSO Manager	15.00	Key Emp	$0	$0	$0
Melissa Sherman	Association Executive	40.00	Director	$0	$0	$0
Janine Hodges	Program Manager State Advisor	8.00	Key Emp	$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	$206,627	$225,666	$72,401	$-19,039
2023	$235,059	$224,755	$91,440	$10,304
2022	$213,609	$189,120	$81,136	$24,489

FUTURE FARMERS OF AMERICA STATE ASSOCIATIONS & LOCAL CHAPTER