Overview
What is Texas Future Farmers Of America Foundation Inc?
Texas Future Farmers of America Foundation Inc., located in Austin, Texas, is a nonprofit organization dedicated to supporting agricultural education across the state. Their mission is to strengthen the Texas FFA program, empowering students with vital skills for personal growth, career success, and leadership in the global marketplace. This is achieved through various projects, such as conferences, conventions, and meetings, all aimed at promoting the association and agricultural education. The foundation employs a small team of four individuals, committed to providing cutting-edge learning opportunities that focus on academic achievement, critical thinking, leadership, communication, technical skills, practical abilities, teamwork, and a strong work ethic.
Official website here: www.mytexasffa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
The Texas Future Farmers Of America Foundation Inc has received a strong score of 88%, indicating solid performance in accountability and finance. This rating is entirely based on financial metrics, highlighting the organization's commitment to responsible financial practices. The foundation boasts a fully independent board and demonstrates transparency with no reported material diversion of assets.
Strengths include a high program expense ratio of 73.17%, signaling that a significant portion of funds is directed towards its mission-related activities. Additionally, the foundation has implemented several accountability measures, such as a conflict of interest policy and regular documentation of board meeting minutes. However, there are some areas for improvement, including missing policies for whistleblower protection and document retention.
While the organization excels in many areas of accountability, the absence of certain policies and missing financial documents on its website suggest that there is room for growth in transparency and governance practices. Overall, the Texas Future Farmers Of America Foundation Inc shows a strong commitment to its mission but should strive to address its gaps in policy documentation.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Texas Future Farmers Of America Foundation Inc?
100% of the 8 reviewers on Facebook recommend the Texas Future Farmers Of America Foundation Inc. Here is a summary of their reviews:
The organization is highly praised for its efforts and impact within the community. One enthusiastic supporter expressed excitement about upcoming events, reflecting a strong sense of engagement and support among participants.
Overall, the Texas Future Farmers Of America Foundation Inc. is well-regarded, with individuals appreciating its contributions and looking forward to future events. The positive sentiment indicates a thriving community that values the nonprofit's mission.
This AI summary has been generated from reviews found on Facebook.
Is Texas Future Farmers Of America Foundation Inc legitimate?
Texas Future Farmers Of America Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas Future Farmers Of America 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: $152,409
Professional Fundraising Fees: $0
Other Salaries and Wages: $145,999
For more financial information, click here
Official website here: www.mytexasffa.org
What is the mission statement of Texas Future Farmers Of America Foundation Inc?
The Texas Future Farmers of America Foundation Inc's mission is centered around enhancing agricultural education and the Texas FFA program. This mission aims to foster personal growth, career success, and leadership in students, preparing them for the global marketplace. To achieve this, the foundation focuses on providing advanced learning opportunities that emphasize academic achievement, critical thinking, leadership and communication skills, technical and practical abilities, teamwork, and a strong work ethic.
Official website here: www.mytexasffa.org
What is the revenue of Texas Future Farmers Of America Foundation Inc?
Texas Future Farmers Of America Foundation Inc's revenue in 2023 was $1,380,017.
Official website here: www.mytexasffa.org
Who are the executives of Texas Future Farmers Of America Foundation Inc and what are their salaries?
The average compensation at Texas Future Farmers Of America Foundation Inc during 2023 was $99,469. There are 3 employees and 45 volunteers at Texas Future Farmers Of America Foundation Inc.
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- Compensation: $143,000
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- Other: $9,409
Official website here: www.mytexasffa.org
Where can I find the form 990 for Texas Future Farmers Of America Foundation Inc?
Texas Future Farmers Of America Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mytexasffa.org
Learn more at the official website: www.mytexasffa.org
Mission Statement of Texas Future Farmers Of America Foundation Inc
The Texas Future Farmers of America Foundation Inc is dedicated to enhancing agricultural education and the Texas FFA program. Their mission is distinguished and centered around the advancement, funding, and execution of innovative learning opportunities. These opportunities focus on fostering academic excellence, critical thinking skills, leadership and communication abilities, technical and practical know-how, teamwork, and a robust work ethic. By doing so, the Foundation aims to empower each student to reach their full potential for personal growth, professional success, and leadership in the global marketplace.
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Impact
July, 2024
Texas Future Farmers Of America Foundation Inc's impact lies in strengthening agricultural education and the Texas FFA program. By supporting projects promoting the association and agricultural education throughout the state, including related conferences, conventions, and meetings, the foundation empowers students to develop their potential for personal growth, career success, and leadership in a global marketplace. Through their focus on academic achievement, critical thinking, leadership and communication skills, technical and practical skills, teamwork, and a strong work ethic, the foundation is building on the proven success of Texas agriculture education and the Texas FFA program, providing cutting-edge learning opportunities for the youth of Texas.
This information is meant to be a general summary of Texas Future Farmers Of America 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 2023.
- Investment Income: $222,902
- Program Service Revenue: $55,913
- Gross Receipts: $1,702,998
Assets and Liabilities:
- Total Assets: $13,944,900
- Total Liabilities: $966,894
- Net Assets: $12,978,006
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Public Relations
Revenue
$40,413
Scholarship Forfeiture
Revenue
$15,500
Organization Details
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