Overview
What is Arkansas Ffa Foundation Inc?
Arkansas FFA Foundation Inc, located at 301 Catherine Park Road, Hot Springs, AR 71913, is a dedicated nonprofit organization. Its primary mission is to support the education and development of future farmers in Arkansas, focusing on leadership, business skills, community service, and farming fundamentals. To achieve this, the foundation provides and maintains campground facilities and offers leadership training programs for the state's FFA chapters. With a team of 10 dedicated individuals, the Arkansas FFA Foundation Inc strives to make a positive impact in the lives of students, fostering their personal growth and career success through agricultural education.
Official website here: www.arkansasffa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star Rating
The Arkansas FFA Foundation Inc has achieved an 81% rating from Charity Navigator, which indicates a commendable level of accountability and finance management. The rating reflects a robust commitment to transparency, with 100% of the board members being independent and no material diversion of assets reported in the most recent fiscal year, showcasing strong governance practices.
The foundation demonstrates effective financial management, with a high program expense ratio of 88.27%, suggesting that the majority of its resources are allocated towards its programs rather than administrative costs. Additionally, the organization has established comprehensive policies, including conflict of interest, whistleblower, and document retention policies, which further enhance its accountability standards.
While the rating highlights these organizational strengths, it is important for potential donors and supporters to consider the overall impact and effectiveness of the foundation's programs in the community it serves. However, the provided financial metrics indicate a solid foundation for trust and transparency in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is Arkansas Ffa Foundation Inc legitimate?
Arkansas Ffa Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arkansas Ffa Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $186,433
For more financial information, click here
Official website here: www.arkansasffa.org
What is the mission statement of Arkansas Ffa Foundation Inc?
The Arkansas FFA Foundation Inc's mission is centered around making a positive impact in the lives of students. By focusing on their development, this organization aims to foster premier leadership, personal growth, and career success through agricultural education. The foundation supports the endeavor to educate, train, and promote future farmers, emphasizing leadership, business skills, community service, and farming fundamentals. They provide and maintain campground facilities while offering education for the Arkansas state chapters and leadership training for up-and-coming farmers.
Official website here: www.arkansasffa.org
What is the revenue of Arkansas Ffa Foundation Inc?
Arkansas Ffa Foundation Inc's revenue in 2024 was $2,557,875.
Official website here: www.arkansasffa.org
Who are the executives of Arkansas Ffa Foundation Inc and what are their salaries?
The average compensation at Arkansas Ffa Foundation Inc during 2024 was $11,652. There are 16 employees and 45 volunteers at Arkansas Ffa Foundation Inc.
Here are 9 key members and their salaries:
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Official website here: www.arkansasffa.org
Where can I find the form 990 for Arkansas Ffa Foundation Inc?
Arkansas Ffa Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.arkansasffa.org
Learn more at the official website: www.arkansasffa.org
Mission Statement of Arkansas Ffa Foundation Inc
Arkansas FFA Foundation Inc is committed to making a positive impact in the lives of students by fostering their leadership potential, personal growth, and career success. This is achieved through agricultural education, a mission that the organization wholeheartedly supports. The foundation's primary objective is to empower future farmers by educating them in areas such as leadership, business skills, community service, and farming fundamentals.
By providing and maintaining campground facilities, Arkansas FFA Foundation Inc offers a hands-on learning environment where students can gain practical experience. Furthermore, the organization offers leadership training opportunities for these future farmers, ensuring they are well-equipped to navigate the agricultural industry. The foundation's activities are geared towards nurturing the next generation of leaders, who will contribute positively to their communities and the agricultural sector as a whole.
In summary, Arkansas FFA Foundation Inc's mission is centered around the belief that agricultural education is a powerful tool for shaping future leaders. By providing educational resources and opportunities for practical learning, the foundation aims to equip students with the skills and knowledge necessary to succeed in the agricultural industry and contribute positively to their communities.
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Impact
October, 2024
The Arkansas FFA Foundation Inc. plays a crucial role in shaping the future of students by focusing on their development in leadership, personal growth, and career success through agricultural education. By providing and maintaining campground facilities, it creates opportunities for immersive experiences that foster teamwork and skills essential for future leaders in the agricultural sector.
The foundation supports educational initiatives that equip Arkansas's state chapters with the necessary resources for training in leadership and agricultural practices. Through its efforts, students engage in comprehensive learning that includes leadership training, business skills, and a commitment to community service. This holistic approach not only promotes effective farming fundamentals but also prepares young individuals to thrive in diverse careers.
Ultimately, the Arkansas FFA Foundation Inc. significantly impacts youth development, empowering them to make meaningful contributions to their communities and the agricultural industry.
This information is meant to be a general summary of Arkansas Ffa Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $35,386
- Program Service Revenue: $388,661
- Gross Receipts: $2,557,875
Assets and Liabilities:
- Total Assets: $4,435,981
- Total Liabilities: $40,011
- Net Assets: $4,395,970
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CAMPGROUND USE
Revenue
$261,440
CONFERENCES
Revenue
$127,221
Organization Details
Founding Year
1934
Principal Officer
Jennifer Cook
Website
www.arkansasffa.orgNTEE Category
Code: O52I - Youth development
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