Future Farmers Of America And Its State Associations & Local Chapter
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 374,451 | 408,946 | −34,495 | 4.7 | 37% |
| 2021 | 568,184 | 492,768 | 75,416 | 5.7 | 25% |
| 2022 | 899,394 | 738,180 | 161,214 | 6.4 | 21% |
| 2023 | 1,148,855 | 1,085,602 | 63,253 | 5.1 | 24% |
In its most recent public year (2023), this organization brought in $63,253 more than it spent. Its reserves stood at about 5.1 months of spending. Staff pay was 24% 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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