Overview
What is Future Farmers Of America Association North Dakota?
Future Farmers of America Association North Dakota is a nonprofit organization situated in Bismarck, North Dakota. Their primary focus is on organizing career development and leadership conferences for over 1,450 high school students across local, regional, state, and national levels. They celebrate and recognize the accomplishments of their members. Through these conferences, they discuss, practice, and develop career goals related to agriculture. The association promotes agricultural activities as its core mission, fostering a strong connection between young individuals and the farming industry.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (Needs Improvement)
Score: 71%
The Future Farmers Of America Association North Dakota has received a two-star rating from Charity Navigator, indicating a need for improvement in its accountability and financial practices. While the organization demonstrates significant financial stability with a liabilities to assets ratio of 0.00% and a high program expense ratio of 97.63%, there are critical areas where it falls short. These include a lack of financial statements, missing essential policies, and the absence of key documents on its website.
Despite having a fully independent board and maintaining proper documentation of board meeting minutes, the absence of a conflict of interest policy, a whistleblower policy, and the failure to post tax forms on its website raise concerns about transparency and governance. The organization scored high marks for its independent board composition and material diversion of assets, which suggests a commitment to ethical oversight.
Moving forward, addressing the noted deficiencies in financial transparency and governance policies will be crucial for the Future Farmers Of America Association North Dakota to enhance its overall rating and build trust among stakeholders. Improving these areas can help the organization better fulfill its mission and strengthen its credibility within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Future Farmers Of America Association North Dakota legitimate?
Future Farmers Of America Association North Dakota is a legitimate nonprofit organization registered as a 501(c)(3) entity. Future Farmers Of America Association North Dakota 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: $0
For more financial information, click here
What is the mission statement of Future Farmers Of America Association North Dakota?
The Future Farmers of America Association North Dakota, in its mission, focuses on promoting agricultural activities for high school students. It achieves this by facilitating various career development and leadership conferences for its over 1450 members. Recognition of accomplishments is also a part of their activities. During these conferences, students discuss, practice, and develop their career goals in the agricultural field.
Who is the CEO of Future Farmers Of America Association North Dakota?
Beth Allen is the President of Future Farmers Of America Association North Dakota.
What is the revenue of Future Farmers Of America Association North Dakota?
Future Farmers Of America Association North Dakota's revenue in 2022 was $706,676.
Who are the executives of Future Farmers Of America Association North Dakota and what are their salaries?
There 400 volunteers at Future Farmers Of America Association North Dakota.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Future Farmers Of America Association North Dakota?
Future Farmers Of America Association North Dakota's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Future Farmers Of America Association North Dakota
The Future Farmers of America Association North Dakota is dedicated to fostering agricultural activities among high school students. Their mission is centered around promoting career development and leadership opportunities for over 1,450 members. Through hosting local, regional, state, and national conferences, they provide a platform for recognizing accomplishments within this field. By engaging in these events, students have the chance to discuss, practice, and develop their career goals related to agriculture. The association plays a significant role in nurturing the next generation of agricultural leaders.
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Impact
July, 2024
The Future Farmers of America Association in North Dakota plays a significant role in promoting agricultural activities among high school students. With over 1,450 members, the association facilitates career development and leadership conferences at local, regional, state, and national levels. Through these conferences, students have the opportunity to discuss, practice, and develop their career goals in the field of agriculture. Additionally, the association hosts events that recognize the accomplishments of its members. Overall, the Future Farmers of America Association in North Dakota is actively engaging youth in agricultural pursuits while fostering their personal and professional growth.
This information is meant to be a general summary of Future Farmers Of America Association North Dakota. 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 2022.
- Investment Income: $7,631
- Program Service Revenue: $699,045
- Gross Receipts: $706,676
Assets and Liabilities:
- Total Assets: $504,229
- Total Liabilities: $0
- Net Assets: $504,229
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONVENTIONS
Revenue
$455,014
STATE FAIR, WINTER SHO
Revenue
$109,854
MEMBERSHIPS / DUES
Revenue
$82,117
OTHER EVENTS
Revenue
$52,060
Organization Details
Founding Year
1928
Phone
(701) 224-8390Principal Officer
Beth Allen
Main Address
PO BOX 6022, BISMARCK, ND, 585026022
NTEE Category
Code: O03 - Youth development
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