Overview
What is Mississippi Ffa Foundation Inc?
Mississippi FFA Foundation Inc, situated in Raymond, Mississippi, is a nonprofit organization with a mission to empower students through leadership training opportunities. They strive to enhance the educational, agricultural, and moral welfare of their community. Their primary focus is on providing a platform for personal growth and development for the younger generation. With a modest workforce of one individual, the foundation supports and contributes to the betterment of their local community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. The rating reflects a moderate level of accountability and finance practices within the Mississippi FFA Foundation Inc. Notably, the organization excels in maintaining an independent board and managing its assets, with no material diversion reported and a strong liabilities-to-assets ratio. Additionally, it shows a commendable program expense ratio of 80.20%, indicating that a significant portion of funds is directed towards its programs.
However, there are several areas where the organization falls short. The absence of a conflict of interest policy, whistleblower policy, and document retention and destruction policy suggests a need for improved governance practices. Furthermore, the foundation's website is missing from its tax form, and it has not posted its tax form on its website, which could hinder transparency and accountability to stakeholders.
Overall, while the Mississippi FFA Foundation Inc demonstrates strengths in governance and financial management, it must address the noted deficiencies in its policies 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 Mississippi Ffa Foundation Inc legitimate?
Mississippi Ffa Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mississippi 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: $57,924
Professional Fundraising Fees: $0
Other Salaries and Wages: $40,235
For more financial information, click here
What is the mission statement of Mississippi Ffa Foundation Inc?
The Mississippi FFA Foundation Inc's mission is centered around providing leadership training opportunities for students and fostering the growth and enhancement of the community's educational, agricultural, and moral welfare. Through their activities, they aim to promote the development and improvement of various sectors within the community. This organization serves as a platform for nurturing future leaders while contributing positively to the community's overall development.
Who is the CEO of Mississippi Ffa Foundation Inc?
Sammy Blossom is the President of Mississippi Ffa Foundation Inc.
What is the revenue of Mississippi Ffa Foundation Inc?
Mississippi Ffa Foundation Inc's revenue in 2022 was $189,689.
Who are the executives of Mississippi Ffa Foundation Inc and what are their salaries?
The average compensation at Mississippi Ffa Foundation Inc during 2022 was $98,159. There is 1 employee at Mississippi Ffa Foundation Inc.
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Where can I find the form 990 for Mississippi Ffa Foundation Inc?
Mississippi Ffa Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mississippi Ffa Foundation Inc
Mississippi Ffa Foundation Inc is committed to providing leadership training opportunities for students and fostering the growth and enhancement of a community's educational, agricultural, and moral welfare. By offering these leadership programs, the foundation aims to contribute to the overall development of the community. The mission of Mississippi Ffa Foundation Inc is to empower students with the necessary skills to lead and make a positive impact in their communities, while simultaneously working towards the betterment of their educational, agricultural, and moral well-being.
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Impact
October, 2024
The Mississippi FFA Foundation Inc significantly impacts students and communities by providing leadership training opportunities that foster personal and professional growth. Through its programs, students develop essential skills in communication, teamwork, and problem-solving, preparing them to take on leadership roles in various sectors, particularly in agriculture and education.
In addition to enhancing individual capabilities, the foundation promotes the overall improvement of the community's educational, agricultural, and moral welfare. By engaging students in hands-on learning experiences and community service projects, it strengthens the connection between youth and their communities, encouraging a sense of responsibility and civic engagement. The foundation’s efforts contribute to a more informed and empowered generation, poised to make positive changes in their local environments and beyond. Thus, its influence extends not only to the personal development of students but also to the broader advancement of community welfare.
This information is meant to be a general summary of Mississippi 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: $613
- Gross Receipts: $604,126
Assets and Liabilities:
- Total Assets: $395,746
- Total Liabilities: $2,327
- Net Assets: $393,419
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Organization Details
Founding Year
1975
Principal Officer
Sammy Blossom
Main Address
P O BOX 1029, RAYMOND, MS, 391541029
NTEE Category
Code: O52Z - Youth development
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