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Georgia 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: 581892034 ✦ Swainsboro, GA ✦ Designated as a 501(c)(3)

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Overview

What is Georgia Ffa Foundation Inc?

Georgia FFA Foundation Inc is a 501(C)3 nonprofit organization, based in Swainsboro, Georgia. With a postal address of PO Box 237, their primary mission is to support Georgia FFA members by providing resources for their contests and projects. This includes funding for projects, as well as covering judging fees, benefiting numerous chapters and directly aiding numerous members. The organization's activities aim to advance the education and development of Georgia FFA members, thereby furthering their overall mission.


Official website here: www.gaaged.org/foundation/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 0 Stars

The Georgia FFA Foundation Inc has received a rating of 43%, resulting in a Zero-Star out of Four Star rating. This low score reflects significant concerns regarding its accountability and financial practices. Key issues include a complete lack of independent board members and missing essential policies such as conflict of interest and whistleblower protections, which are vital for operational transparency and governance.

While the organization maintains a reasonable liabilities to assets ratio of 0.15% and a program expense ratio of 61.36%, indicating some efficiency in directing funds towards its programs, the absence of independent oversight raises questions about its overall management. Furthermore, the nonprofit has not made its financial statements available, which limits transparency and trust with potential donors.

Overall, while the Georgia FFA Foundation may be engaging in some beneficial activities, the significant governance shortcomings highlighted by Charity Navigator suggest a need for improvements in accountability and transparency to enhance its credibility and effectiveness in serving its mission.


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

Is Georgia Ffa Foundation Inc legitimate?

Georgia Ffa Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Georgia 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $221,843

For more financial information, click here


Official website here: www.gaaged.org/foundation/

What is the mission statement of Georgia Ffa Foundation Inc?

The Georgia FFA Foundation, Inc., as a 501(C)3 nonprofit organization, is dedicated to providing the necessary resources to enhance the education and development of Georgia FFA members. Its mission is to further the educational growth of these individuals, which it accomplishes by awarding contest prizes to members and offering grants for their projects. Additionally, the foundation covers judging fees, benefiting numerous chapters and directly assisting numerous members. The foundation's actions aim to support the advancement of Georgia FFA members.


Official website here: www.gaaged.org/foundation/

Who is the CEO of Georgia Ffa Foundation Inc?

Billy Hughes is the Vice President of Georgia Ffa Foundation Inc.


Official website here: www.gaaged.org/foundation/

What is the revenue of Georgia Ffa Foundation Inc?

Georgia Ffa Foundation Inc's revenue in 2023 was $1,264,353.


Official website here: www.gaaged.org/foundation/

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


Here are 10 key members and their salaries:


Mark Camp (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Brooks (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim East (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norman Gay (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stan Mitchell (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erick Robinson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Stalvey (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Billy Hughes (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Lastly (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruthie Somerlot (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.gaaged.org/foundation/

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

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


Official website here: www.gaaged.org/foundation/

Learn more at the official website: www.gaaged.org/foundation/

Mission Statement of Georgia Ffa Foundation Inc

Georgia FFA Foundation Inc, a 501(c)3 nonprofit organization, is committed to advancing the Georgia FFA by providing necessary resources. Its mission is to foster the education and development of Georgia FFA members. To achieve this, the foundation awards contest prizes to Georgia FFA members and provides grants for their projects. These resources extend beyond individual members, benefiting numerous chapters and a significant number of members directly. By offering judging fees, the foundation significantly contributes to the success of various chapters, thereby empowering the future leaders of Georgia's agriculture industry.

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Impact




July, 2024

Georgia FFA Foundation Inc's impact is significant in furthering the education and development of Georgia FFA members. Through awards and grants, the organization provides resources needed to advance Georgia FFA, benefiting numerous chapters and many members directly. By supporting contests, projects, and judging fees, the foundation plays a vital role in fostering youth development within the Georgia FFA community.




This information is meant to be a general summary of Georgia 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
$1,264,353 (2023)
Expenses
$1,319,187 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $66,757
  • Gross Receipts: $1,264,353

Assets and Liabilities:

  • Total Assets: $1,392,291
  • Total Liabilities: $2,099
  • Net Assets: $1,390,192

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Organization Details

Founding Year

1988

Principal Officer

Billy Hughes

Main Address

PO BOX 237, SWAINSBORO, GA, 30401

NTEE Category

Code: O52 - Youth development

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