Overview
What is Florida Ffa Foundation Inc?
Florida Ffa Foundation Inc, situated in Haines City, Florida, is a nonprofit organization primarily dedicated to fostering leadership development and personal growth among high school students in the state. They offer the Florida Future Farmers of America Incentive Awards Program to encourage outstanding achievements in various aspects of farming, ranching, and leadership. The foundation's mission is to provide resources that enhance the success of FFA members by promoting premier leadership, personal growth, and career opportunities. With a workforce of 42 individuals, they aim to contribute positively to the lives of young people in Florida.
Official website here: www.flaltc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating.
The Florida FFA Foundation Inc has received a rating of 73%, which indicates a need for improvement in various organizational aspects. While the foundation boasts a strong accountability and finance score, it is marked by significant gaps in transparency and governance. The organization has a fully independent board, which is a positive aspect, but lacks key policies such as a whistleblower policy and document retention guidelines, which are vital for transparency and accountability.
Strengths of the organization include a remarkable program expense ratio of 91.35%, suggesting that a substantial portion of its funding is directed towards its programs rather than administrative costs. Additionally, the foundation has maintained a low liabilities to assets ratio, demonstrating financial stability. However, the absence of financial statements and other important documents on their website raises concerns about accessibility and transparency for potential donors and stakeholders.
In summary, while the Florida FFA Foundation Inc has some strong governance features and a commitment to program efficiency, the lack of certain policies and public financial documentation limit its overall effectiveness and transparency. For potential supporters, it is advisable to consider these points when assessing the organization's approach to accountability and openness.
This AI summary has been generated from information found on Charity Navigator.
Is Florida Ffa Foundation Inc legitimate?
Florida Ffa Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida 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: $552,300
For more financial information, click here
Official website here: www.flaltc.org
What is the mission statement of Florida Ffa Foundation Inc?
The Florida FFA Foundation Inc's mission is centered around providing resources to encourage and enhance the development of exceptional leadership, personal growth, and career success among FFA members and high school youths within the state. This is achieved through various initiatives aimed at fostering premier leadership skills, personal growth, and future career prospects. The organization offers the Florida Future Farmers of America Incentive Awards Program to recognize and reward outstanding achievements in various aspects of farming, ranching, and leadership among FFA members in the state.
Official website here: www.flaltc.org
Who is the CEO of Florida Ffa Foundation Inc?
Hilary Holley is the Dir Of Devel of Florida Ffa Foundation Inc.
Official website here: www.flaltc.org
What is the revenue of Florida Ffa Foundation Inc?
Florida Ffa Foundation Inc's revenue in 2022 was $1,745,423.
Official website here: www.flaltc.org
Who are the executives of Florida Ffa Foundation Inc and what are their salaries?
The average compensation at Florida Ffa Foundation Inc during 2022 was $13,150. There are 42 employees and 50 volunteers at Florida Ffa Foundation Inc.
Here are 14 key members and their salaries:
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Official website here: www.flaltc.org
Where can I find the form 990 for Florida Ffa Foundation Inc?
Florida Ffa Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.flaltc.org
Learn more at the official website: www.flaltc.org
Mission Statement of Florida Ffa Foundation Inc
Florida FFA Foundation Inc is committed to fostering premier leadership, personal growth, and career success among FFA members and high school youths residing in Florida. Their mission is to provide the necessary resources to encourage and enhance these developments. By doing so, they aim to equip these individuals with the skills and knowledge required to thrive in various aspects of farming, ranching, and leadership. To encourage and recognize outstanding achievements in these areas, the Florida FFA Foundation Inc offers the Florida Future Farmers of America Incentive Awards Program to all FFA members in the state of Florida.
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Impact
July, 2024
Florida FFA Foundation Inc's impact is significant in providing resources to encourage and enhance the development of premier leadership, personal growth, and career success of FFA members and high school youths in the state of Florida. Through special projects like the Florida Future Farmers of America Incentive Awards Program, this organization offers opportunities for outstanding achievement in various aspects of farming, ranching, and leadership. By focusing on youth development, Florida FFA Foundation Inc plays a crucial role in shaping the future of young individuals and empowering them to excel in their endeavors.
This information is meant to be a general summary of Florida 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: -$13,532
- Program Service Revenue: $1,187,651
- Gross Receipts: $1,745,423
Assets and Liabilities:
- Total Assets: $3,133,180
- Total Liabilities: $842,890
- Net Assets: $2,290,290
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SEMINARS AND FUNCTIONS
Revenue
$865,141
SEMINARS AND FUNCTIONS
Revenue
$318,919
HALL OF FAME
Revenue
$3,591
Organization Details
Founding Year
1976
Phone
(863) 439-7332Principal Officer
Hilary Holley
Main Address
5000 FIRETOWER ROAD, HAINES CITY, FL, 33844
Website
www.flaltc.orgNTEE Category
Code: O03 - Youth development
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