Overview
What is Iowa Ffa Foundation Inc?
Iowa Ffa Foundation Inc, located at 1055 SW Prairie Trail PKWY 1, Ankeny, IA 50023, is a nonprofit organization committed to enhancing agricultural education. Their primary focus is supporting high school students, FFA members, chapters, and others through various programs. This includes proficiency awards, career development events, exhibitor awards, scholarship programs, incentive awards, and providing agricultural education instructional materials. Additionally, the foundation organizes seminars, conferences, workshops, and other activities to further their mission. The Iowa Ffa Foundation aims to cultivate partnerships and provides financial support to agricultural education organizations, helping them accomplish their goals. With a team of 8 dedicated individuals, the foundation plays a significant role in nurturing future leaders in the agricultural sector.
Official website here: www.iowaffafoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 93% - Four-Star out of Four Star rating
The Iowa FFA Foundation Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial transparency. The organization scored an impressive 93% in this category, with all board members being independent, which enhances governance and decision-making integrity.
The foundation demonstrates robust financial practices, with no material diversion of assets and a high program expense ratio of 68%. Additionally, it maintains efficient fundraising practices, with a minimal fundraising cost of just $0.08 per dollar raised. These factors indicate that a significant portion of its resources is devoted to fulfilling its mission and supporting its programs.
However, while the organization has a solid financial standing, the liabilities to assets ratio at 39.20% suggests some level of financial obligation that may warrant monitoring. Overall, the Iowa FFA Foundation Inc shows a strong commitment to ethical management and effective use of donations.
This AI summary has been generated from information found on Charity Navigator.
Is Iowa Ffa Foundation Inc legitimate?
Iowa Ffa Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iowa 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: $100,142
Professional Fundraising Fees: $0
Other Salaries and Wages: $154,193
For more financial information, click here
Official website here: www.iowaffafoundation.org
What is the mission statement of Iowa Ffa Foundation Inc?
The Iowa FFA Foundation's mission involves cultivating partnerships to support agricultural education and providing financial assistance to various agricultural education organizations. This aid is intended to help these organizations accomplish their individual missions effectively. The foundation actively supports the development of high-quality agricultural education programs for high school students, FFA members, FFA chapters, and others. This is achieved through various initiatives such as proficiency awards, career development events, exhibitor awards, scholarship programs, incentive awards, agricultural education instructional materials, seminars, conferences, workshops, and other related activities.
Official website here: www.iowaffafoundation.org
What is the revenue of Iowa Ffa Foundation Inc?
Iowa Ffa Foundation Inc's revenue in 2023 was $3,267,436.
Official website here: www.iowaffafoundation.org
Who are the executives of Iowa Ffa Foundation Inc and what are their salaries?
The average compensation at Iowa Ffa Foundation Inc during 2023 was $31,792. There are 8 employees and 103 volunteers at Iowa Ffa Foundation Inc.
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- Compensation: $83,340
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- Other: $8,452
Official website here: www.iowaffafoundation.org
Where can I find the form 990 for Iowa Ffa Foundation Inc?
Iowa Ffa Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.iowaffafoundation.org
Learn more at the official website: www.iowaffafoundation.org
Mission Statement of Iowa Ffa Foundation Inc
The Iowa FFA Foundation is committed to fostering collaborations that bolster agricultural education. Its primary goal is to offer financial assistance to various agricultural education organizations, enabling them to effectively fulfill their respective missions. By providing such support, the foundation contributes to the development of high-quality agricultural education programs for high school students, FFA members, FFA chapters, and other relevant entities. This is achieved through a variety of means, including proficiency awards, career development events, exhibitor awards, scholarship programs, incentive awards, agricultural education instructional materials, seminars, conferences, workshops, and other activities. Essentially, the Iowa FFA Foundation serves as a catalyst, empowering agricultural education organizations to thrive and make a significant impact in their respective fields.
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Impact
July, 2024
Iowa FFA Foundation Inc's impact is centered around cultivating partnerships that support agricultural education and providing crucial financial support to help agricultural education organizations fulfill their missions. Through initiatives such as proficiency awards, career development events, scholarship programs, incentive awards, and more, the foundation plays a key role in developing quality agricultural education programs for high school students, FFA members, FFA chapters, and others. By focusing on youth development and investing in agricultural education, Iowa FFA Foundation Inc contributes to the growth and success of the agriculture sector in Iowa and beyond.
This information is meant to be a general summary of Iowa 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: $66,351
- Gross Receipts: $4,302,444
Assets and Liabilities:
- Total Assets: $14,221,721
- Total Liabilities: $5,575,978
- Net Assets: $8,645,743
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Organization Details
Founding Year
1986
Principal Officer
Jim Gardner
Website
www.iowaffafoundation.orgNTEE Category
Code: O03 - Youth development
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