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Indiana Ffa Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 356056070 ✦ Trafalgar, IN ✦ Designated as a 501(c)(3)

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Overview

What is Indiana Ffa Foundation Inc?

Indiana FFA Foundation Inc, based in Trafalgar, Indiana, serves as a vital support system for Future Farmers of America (FFA) members. Its primary objective is to foster leadership, citizenship, and community responsibility among these youth. The organization fundraises and promotes programs and objectives of the Indiana FFA Association and the Indiana FFA Leadership Center, with a team of 24 dedicated individuals. Their mission is not just financial support but also involves promoting and advocating for the growth and success of FFA members. The Indiana FFA Foundation Inc provides a platform for recognizing outstanding career and technical education students, encouraging their development as future leaders in agriculture and beyond.


Official website here: www.inffa.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83% (Three-Star out of Four Star rating)

The Indiana FFA Foundation Inc has received an 83% rating from Charity Navigator, reflecting a solid performance in accountability and finance. The organization boasts a high accountability score of 90% and a perfect score of 100% in leadership and adaptability. This suggests that they maintain strong governance practices and demonstrate effective management of their resources.

Strengths of the foundation include an independent board with a significant majority of independent members, a robust program expense ratio of 75.86%, and adherence to important policies such as conflict of interest and whistleblower protections. Their commitment to transparency is evidenced by proper documentation of board meeting minutes and a low liabilities to assets ratio of just 2.74%.

Despite these strengths, the overall score indicates there is room for improvement, particularly in certain areas of accountability metrics. While they have a commendable strategy score, it's essential for the foundation to continue evolving and adapting to better serve its mission and stakeholders in the future.


This AI summary has been generated from information found on Charity Navigator.

Is Indiana Ffa Foundation Inc legitimate?

Indiana Ffa Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indiana 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: $200,457
Professional Fundraising Fees: $0
Other Salaries and Wages: $147,758

For more financial information, click here


Official website here: www.inffa.org

What is the mission statement of Indiana Ffa Foundation Inc?

The Indiana FFA Foundation's mission is centered around supporting, funding, and promoting the programs and objectives of the Indiana FFA Association and Indiana FFA Leadership Center. This organization aims to provide a leadership center for Future Farmers of America (FFA) members, fostering leadership, citizenship, and community responsibility among its youth participants. Additionally, the Indiana FFA Foundation recognizes outstanding career and technical education students by providing them with various awards and opportunities.


Official website here: www.inffa.org

Who is the CEO of Indiana Ffa Foundation Inc?

Lisa Chaudion is the President of Indiana Ffa Foundation Inc.


Official website here: www.inffa.org

What is the revenue of Indiana Ffa Foundation Inc?

Indiana Ffa Foundation Inc's revenue in 2023 was $1,535,659.


Official website here: www.inffa.org

Who are the executives of Indiana Ffa Foundation Inc and what are their salaries?

The average compensation at Indiana Ffa Foundation Inc during 2023 was $14,509. There are 24 employees and 600 volunteers at Indiana Ffa Foundation Inc.


Here are 18 key members and their salaries:


Jennifer Maruszewski (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Hoberty (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Wilson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Curlin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kara Baker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Logue (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marty Matlock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nate Perry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chelsea Poe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Fischer-Shrock (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Swartz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tami Neighbors-Ketchen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Chaudion (Director)
  • Compensation: $108,441
  • Related: $0
  • Other: $0
Amanda Mullins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Ramey (Director)
  • Compensation: $92,016
  • Related: $0
  • Other: $0
Skylar Clingan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Padgett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Seth Ariens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.inffa.org

Where can I find the form 990 for Indiana Ffa Foundation Inc?

Indiana Ffa Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.inffa.org

Learn more at the official website: www.inffa.org

Mission Statement of Indiana Ffa Foundation Inc

Indiana FFA Foundation Inc is committed to supporting, funding, and promoting the programs and objectives of the Indiana FFA Association and Indiana FFA Leadership Center. Their mission is twofold: firstly, to provide a leadership center for Future Farmers of America (FFA) members. This center serves as a platform for fostering leadership, citizenship, and community responsibility in the youth. Secondly, the foundation seeks to recognize outstanding career and technical education students by providing them with various youth programs. By doing so, Indiana FFA Foundation Inc plays a significant role in shaping the future leaders of the agricultural sector.

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Impact




October, 2024

Indiana FFA Foundation Inc significantly enhances the educational landscape for aspiring agricultural leaders in Indiana. By supporting, funding, and promoting the initiatives of the Indiana FFA Association and the Indiana FFA Leadership Center, it plays a pivotal role in shaping the future of young individuals.

The foundation provides essential resources and programs that stimulate leadership, citizenship, and community responsibility among youth. Through its efforts, Indiana FFA Foundation Inc recognizes and celebrates outstanding achievements in career and technical education, motivating students to excel in their fields. The foundation's commitment to youth development not only cultivates the skills and knowledge of future farmers and agricultural leaders but also instills a sense of duty and connection to their communities.

Overall, the impact of Indiana FFA Foundation Inc is profound, as it fosters a generation of engaged, responsible, and skilled individuals who are prepared to contribute to the agricultural sector and lead in their communities.




This information is meant to be a general summary of Indiana 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.

Revenue
$1,535,659 (2023)
Expenses
$1,334,538 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $22,847
  • Program Service Revenue: $171,157
  • Gross Receipts: $1,577,235

Assets and Liabilities:

  • Total Assets: $2,661,387
  • Total Liabilities: $73,172
  • Net Assets: $2,588,215

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LODGING INCOME

Revenue

$88,392

SPECIAL EVENT INCOME

Revenue

$60,676

FARM SHOW INCOME

Revenue

$21,589

CONVENTION INCOME

Revenue

$500

Organization Details

Founding Year

1961

Principal Officer

Lisa Chaudion

Main Address

PO BOX 9, TRAFALGAR, IN, 461810009

NTEE Category

Code: O52Z - Youth development

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