Overview
What is South Dakota Ffa Foundation Inc?
South Dakota FFA Foundation Inc is a nonprofit organization based in Bath, South Dakota, with a mission to encourage and support the growth of FFA (Future Farmers of America) students. Their primary goal is to stimulate interest in agriculture-related careers and industries, while promoting the importance of agriculture in a diversified economy. The foundation achieves this by providing funding and resources to local high school chapters across South Dakota. Through these chapters, they foster leadership, citizenship, and cooperation among the youth, ultimately preparing them for potential careers in the food, fiber, and natural resources sector. The foundation's activities aim to create awareness and develop future leaders in agriculture.
Official website here: www.sdffafoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
The South Dakota FFA Foundation Inc has earned a Three-Star rating from Charity Navigator, reflecting its solid performance in accountability and financial health. With an overall score of 87%, the foundation exhibits a strong program expense ratio of 92.31%, indicating efficient use of funds towards its mission. Additionally, the organization demonstrates robust financial practices with a liabilities to assets ratio of 0.00%, highlighting its financial stability.
The foundation excels in leadership and community engagement, achieving perfect scores in culture and community, as well as leadership and adaptability. It benefits from a fully independent board, which is crucial for effective governance. The organization has also established comprehensive policies, including conflict of interest and whistleblower protections, ensuring transparency and integrity in its operations.
While the organization shows commendable strengths in various areas, its impact measurement score of 82 suggests there may be room for improvement in demonstrating the effectiveness of its programs. Nevertheless, overall feedback collection and usage are rated highly, reflecting a commitment to stakeholder engagement and continuous improvement.
This AI summary has been generated from information found on Charity Navigator.
Is South Dakota Ffa Foundation Inc legitimate?
South Dakota Ffa Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Dakota 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.
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Official website here: www.sdffafoundation.org
What is the mission statement of South Dakota Ffa Foundation Inc?
The South Dakota FFA Foundation Inc's mission is centered around developing leadership, citizenship, and cooperation among high school students across the state through local chapters. Their primary objective is to prepare and support individuals for careers in the food, fiber, and natural resources industries. Furthermore, the foundation aims to foster awareness and develop leadership in these sectors, recognizing the importance of agriculture careers and agribusiness opportunities in a diversifying industry. The foundation serves as a source of funding, stimulating and promoting the best interests of FFA students, while also raising awareness of the needs within this growing industry.
Official website here: www.sdffafoundation.org
Who is the CEO of South Dakota Ffa Foundation Inc?
Sandy Osterday is the Director of South Dakota Ffa Foundation Inc.
Official website here: www.sdffafoundation.org
What is the revenue of South Dakota Ffa Foundation Inc?
South Dakota Ffa Foundation Inc's revenue in 2022 was $638,748.
Official website here: www.sdffafoundation.org
Who are the executives of South Dakota Ffa Foundation Inc and what are their salaries?
Here are 21 key members and their salaries:
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Official website here: www.sdffafoundation.org
Where can I find the form 990 for South Dakota Ffa Foundation Inc?
South Dakota Ffa Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sdffafoundation.org
Learn more at the official website: www.sdffafoundation.org
Mission Statement of South Dakota Ffa Foundation Inc
South Dakota FFA Foundation Inc is committed to fostering leadership, citizenship, and cooperation among high school students across the state. The organization's mission is to prepare and support individuals for careers in the food, fiber, and natural resources sectors. It aims to build awareness and develop leadership within the agriculture industry, recognizing the growing and diverse nature of this field. The South Dakota FFA Foundation Inc provides a funding avenue to stimulate, promote, and support the interests of FFA students. By doing so, it aims to create an understanding of agriculture careers and agri-business opportunities, thereby contributing to the development of a robust and sustainable industry.
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Impact
July, 2024
South Dakota FFA Foundation Inc's impact is significant in developing agriculture leadership, citizenship, and cooperation through local high school chapters throughout the state of South Dakota. By providing funding that stimulates, promotes, and supports the best interests of FFA students, the organization creates an awareness of agriculture careers, agri-business opportunities, and the needs of a growing and diversified industry. This helps prepare and support individuals for careers, build awareness, and develop leadership for the food, fiber, and natural resources sectors, ultimately making a positive impact on youth development in South Dakota.
This information is meant to be a general summary of South Dakota 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 2022.
- Investment Income: $18,898
- Program Service Revenue: $26,836
- Gross Receipts: $1,552,536
Assets and Liabilities:
- Total Assets: $1,237,621
- Total Liabilities: $0
- Net Assets: $1,237,621
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CAREER FAIR
Revenue
$16,051
NEWSLETTER ADS
Revenue
$10,785
Organization Details
Founding Year
1974
Phone
(605) 725-7118Principal Officer
Sandy Osterday
Main Address
39393 133RD STREET, BATH, SD, 57427
Website
www.sdffafoundation.orgNTEE Category
Code: O52 - Youth development
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