Future Farmers Of America State Associations & Local Chapter
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 31 | 11,069 | −11,038 | 22.0 | — |
| 2021 | 14,919 | 5,679 | 9,240 | 62.4 | — |
| 2022 | 17,378 | 8,189 | 9,189 | 56.7 | — |
| 2023 | 15,024 | 21,221 | −6,197 | 18.4 | — |
In its most recent public year (2023), this organization spent $6,197 more than it brought in. Its reserves stood at about 18.4 months of spending, down from 22 in 2020.
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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