Future Farmers Of America And Its State Associations & Local Chapter
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 455,457 | 906,708 | −451,251 | 54.6 | 20% |
| 2021 | 1,841,136 | 1,136,682 | 704,454 | 51.0 | 24% |
| 2022 | 2,367,047 | 1,340,917 | 1,026,130 | 52.3 | 24% |
| 2023 | 2,750,666 | 1,551,111 | 1,199,555 | 54.7 | 26% |
In its most recent public year (2023), this organization brought in $1,199,555 more than it spent. Its reserves stood at about 54.7 months of spending. Staff pay was 26% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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