Future Farmers Of America And Its State Associations & Local Chapter
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 198,816 | 192,873 | 5,943 | 9.2 | 0% |
| 2021 | 112,041 | 93,792 | 18,249 | 21.3 | 0% |
| 2022 | 179,593 | 196,953 | −17,360 | 9.1 | 40% |
| 2023 | 197,427 | 169,735 | 27,692 | 12.5 | 40% |
In its most recent public year (2023), this organization brought in $27,692 more than it spent. Its reserves stood at about 12.5 months of spending, up from 9.2 in 2020. Staff pay was 40% 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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