Overview
What is Ohio Ffa Foundation Inc?
Ohio FFA Foundation Inc is a nonprofit organization situated in Columbus, Ohio, specifically at 717-A EAST 17TH AVE. Its primary mission is to foster support for the programs and services of Ohio FFA members, achieving this goal through strategic partnerships. The organization provides funding for various programs and projects, benefiting over 23,000 agriculture education students annually. Each year, hundreds of students apply for state recognition in various proficiency award areas, and numerous state FFA degrees and American degrees are conferred. The Ohio FFA Foundation plays a significant role in supporting the educational and developmental needs of its members.
Official website here: www.ohioffa.org/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The Ohio FFA Foundation Inc has achieved a remarkable Four-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance. The overall score is based entirely on their financial practices, highlighting a high level of transparency and governance. With a score of 96% in this category, the organization exhibits excellent management of its resources, ensuring that funds are directed appropriately.
Strengths of the foundation include having a fully independent board with 11 members, all of whom are independent, and a strong emphasis on financial integrity, as demonstrated by a 100% score in several governance metrics. The foundation also maintains a very low liabilities to assets ratio of 1.01%, indicating sound fiscal health, and allocates nearly 90% of its expenses directly toward programs, which is a significant indicator of its commitment to its mission.
While the Ohio FFA Foundation Inc demonstrates strong financial health and governance, the review does not indicate any specific limitations or criticisms. The robust accountability practices in place, including conflict of interest and whistleblower policies, suggest a well-structured organization dedicated to transparency. Overall, this nonprofit stands out as a reliable option for donors looking to support agricultural education initiatives in Ohio.
This AI summary has been generated from information found on Charity Navigator.
Is Ohio Ffa Foundation Inc legitimate?
Ohio Ffa Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ohio 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: $80,490
Professional Fundraising Fees: $0
Other Salaries and Wages: $71,754
For more financial information, click here
Official website here: www.ohioffa.org/foundation
What is the mission statement of Ohio Ffa Foundation Inc?
The Ohio FFA Foundation's mission is to promote support for the programs and services of Ohio FFA members through partnerships. This is achieved by providing funding for various programs and projects available to over 23,000 agriculture education students annually. Each year, around 600 students apply for state recognition in 49 proficiency award areas, and numerous state FFA degrees and American degrees are conferred. The foundation plays a significant role in supporting the educational growth and achievements of Future Farmers of America members in Ohio.
Official website here: www.ohioffa.org/foundation
Who is the CEO of Ohio Ffa Foundation Inc?
Alyssa Bregel is the Board Chair of Ohio Ffa Foundation Inc.
Official website here: www.ohioffa.org/foundation
What is the revenue of Ohio Ffa Foundation Inc?
Ohio Ffa Foundation Inc's revenue in 2023 was $710,109.
Official website here: www.ohioffa.org/foundation
Who are the executives of Ohio Ffa Foundation Inc and what are their salaries?
The average compensation at Ohio Ffa Foundation Inc during 2023 was $30,449. There are 5 employees at Ohio Ffa Foundation Inc.
Here are 13 key members and their salaries:
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- Compensation: $80,490
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Official website here: www.ohioffa.org/foundation
Where can I find the form 990 for Ohio Ffa Foundation Inc?
Ohio Ffa Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ohioffa.org/foundation
Learn more at the official website: www.ohioffa.org/foundation
Mission Statement of Ohio Ffa Foundation Inc
The Ohio FFA Foundation, a nonprofit organization, is committed to supporting the programs and services of Ohio FFA members. Their mission is to generate partnerships that aid in this endeavor. The Foundation provides funding for various programs and projects, benefiting over 23,000 agriculture education students annually. Each year, more than 600 students apply for state recognition in 49 proficiency award areas. The Ohio FFA Foundation also recognizes a significant number of State FFA degrees and American degrees. This nonprofit organization plays a crucial role in fostering the growth and development of future agricultural leaders in Ohio.
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Impact
July, 2024
Ohio FFA Foundation Inc's impact lies in its dedication to supporting over 23,000 agriculture education students in Ohio. Through partnerships and funding, the foundation enables students to participate in various programs and projects that help them develop essential skills and knowledge in the agricultural sector. Additionally, the foundation awards over 600 students in diverse proficiency award areas, recognizing their achievements and commitment to their education. Overall, Ohio FFA Foundation Inc plays a vital role in the youth development of aspiring agricultural professionals in the state.
This information is meant to be a general summary of Ohio 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 2023.
- Investment Income: $19,642
- Program Service Revenue: $40,883
- Gross Receipts: $1,781,267
Assets and Liabilities:
- Total Assets: $1,801,583
- Total Liabilities: $18,261
- Net Assets: $1,783,322
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FRUIT SALES
Revenue
$24,648
LICENSE PLATE PROGRAMS
Revenue
$16,235
Organization Details
Founding Year
1957
Phone
(614) 299-1332Principal Officer
Alyssa Bregel
Main Address
717-A EAST 17TH AVE, COLUMBUS, OH, 43211
Website
www.ohioffa.org/foundationNTEE Category
Code: O52 - Youth development
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