Liabilities / Assets
18th percentile
Tied with the lowest-debt nonprofits in its peer group.
Kansas Ffa Foundation Inc
EIN 48-0939673 • 501(c)3 • Manhattan, KS
Profile
Enable the kansas agriculture education and ffa programs to empower future leaders and their passions. The kansas ffa foundation will do this by developing and sustaining collaborative relationships resulting in financial support and service opportunities.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
19th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
60th percentile
Higher net margin than 60% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
71st percentile
Faster asset growth than 71% of similar nonprofits.
Revenue Growth
54th percentile
Faster revenue growth than 54% of similar nonprofits.
Balance Sheet
Assets
Up$1,910,082
Up $659,469 (+53%) from 2023
Liabilities
Flat$0
Flat from 2023
Net Assets
Up$1,910,082
Up $659,469 (+53%) from 2023
Revenue
Up$1,186,777
Up $173,622 (+17%) from 2023
Expenses
Up$744,217
Up $122,266 (+20%) from 2023
Net Income
Up$442,560
Up $51,356 (+13%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $1,910,082
- Liabilities
- $0
- Net assets
- $1,910,082
- Revenue
- $1,186,777
- Expenses
- $744,217
- Net income
- $442,560
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Oct 1, 2023 to Sep 30, 2024
- Signed
- Feb 14, 2025
- Return Version
- 2023v6.0
- Gross Receipts
- $1,596,458
Mission and Program Overview
Mission
Enable the kansas agriculture education and ffa programs to empower future leaders and their passions. The kansas ffa foundation will do this by developing and sustaining collaborative relationships resulting in financial support and service opportunities.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Rtn Earn Endowment Incm Other Fnds | $1,250,613 | $1,910,082 | ▲ $659,469 |
| Savings and Temporary Cash Investments | $1,188,891 | $1,835,983 | ▲ $647,092 |
| Cash and Non-Interest-Bearing Accounts | $47,076 | $66,163 | ▲ $19,087 |
| Land, Buildings, and Equipment, Net | $13,896 | $7,186 | ▼ $6,710 |
| Prepaid Expenses and Deferred Charges | $750 | $750 | → $0 |
| Total Assets | $1,250,613 | $1,910,082 | ▲ $659,469 |
| Liabilities | |||
| Total Liabilities | $0 | $0 | → $0 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $1,250,613 | $1,910,082 | ▲ $659,469 |
| Total Liabilities and Net Assets / Fund Balance | $1,250,613 | $1,910,082 | ▲ $659,469 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $7,186 | $45,814 | $53,000 |
| Other Land Buildings | - | $7,057 | $7,057 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Beth Gaines | Executive Di | FT | $152,921 | $152,921 |
| Beth Gaines | Executive Director | - | $152,921 | $152,921 |
Board Members and Trustees
| Name | Title |
|---|---|
| Mike Smith | Chair |
| Yancy Wright | Vice Chair |
| Loy James | Treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $1,111,439
- Program Service Revenue
- $62,083
- Investment Income
- $51,001
- Other Revenue
- $-37,746
- All Other Contributions
- $656,729
- Change in Net Assets
- $442,560
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $330,478 |
| Salaries, Compensation, and Employee Benefits | $281,084 |
| Grants and Similar Amounts Paid | $132,655 |
| Total Fundraising Expense | $19,214 |
| Professional Fundraising Fees | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | $152,921 | - | - | $152,921 |
| Other Salaries and Wages | - | $113,650 | $14,513 | $128,163 |
| Grants to Domestic Orgs | $76,425 | - | - | $76,425 |
| Grants to Domestic Individuals | $56,230 | - | - | $56,230 |
| Travel | $6,633 | $8,292 | $1,659 | $16,584 |
| Fees for Services Other | - | $16,073 | - | $16,073 |
| Conferences and Meetings | - | $12,530 | - | $12,530 |
| Office Expenses | $8,328 | $908 | $2,287 | $11,523 |
| Other Expenses | $10,000 | - | - | $10,000 |
| Fees for Service Investment Mgmnt Fees | - | $8,916 | - | $8,916 |
| Information Technology | $3,438 | $4,194 | $755 | $8,387 |
| Depreciation Depletion | $6,710 | - | - | $6,710 |
| Occupancy | $4,225 | $1,300 | - | $5,525 |
| All Other Expenses | - | $1,320 | - | $1,320 |
| Advertising | $210 | - | - | $210 |
| Total Functional Expenses | $557,820 | $167,183 | $19,214 | $744,217 |
International Activity
Grant and Assistance Recipients
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Kansas Ffa Association | - | 501c3 | - | $45,900 |
| Ffa Chapters (63) | - | 501c3 | Support National Org | $25,500 |
| National Ffa | - | 501c3 | - | $5,025 |
Fundraising, Events, and Gaming
- Fundraising activities
- Yes
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $75,027 |
| Fundraising Gross Income | $37,281 |
| Professional Fundraising Fees | $0 |
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Campaign | $454,710 | - | $41,462 | - |
| All Other | $37,281 | $37,281 | $33,565 | $3,716 |
| Total Events | $491,991 | $37,281 | $75,027 | $-37,746 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Business relationship with 35% controlled entity
- No
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- Yes
- Other officer compensation reviewed
- No
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- No
- Management duties delegated
- No
Governance Explanations
Form 990, Page 6, Part VI, Line 11B
“The officers of the organization will initially review the form 990 and then forward it to the board of trustees for their review and approval.”
Form 990, Page 6, Part VI, Line 12C
“The organization has requested annual disclosure or updates to the chairman of the board of trustees on a form provided by the organization the interests that could give rise to the conflicts of interest. The chairman has determined the appropriate action to be taken in response to each interest so disclosed. The organization's executive director has monitored proposals and ongoing transactions for conflicts of interest and disclosed them to the chairman in order to deal with potential or actual conflicts, whether discovered before or after the transaction has occurred.”
Form 990, Page 6, Part VI, Line 15A
“A performance evaluation request for comments is sent electronically to all board members for the executive director of the kansas ffa foundation, inc. Instructions for the completion of the current year's evaluation process also accompany the performance evaluation call for comments. Performance evaluation forms are sent to the full board by the end of april. The suggested return is between 1 and 1.5 weeks. The completed evaluation forms and comments are reviewed by the chairman of the board and executive committee. The executive committee of the board reviews current salaries and the upcoming year's market ranges. The executive committee reports for review to the full board on salary for the executive director for the upcoming year. Comments are presented to all board members during the june board of trustee meeting. Based on feedback from the board of trustees, the executive committee chairman, or their designee, provides and presents the executive director with his/her evaluation. The upcoming year's salary is also discussed at that time.”
Form 990, Page 6, Part VI, Line 19
“The form 990 is made available to individuals and organizations upon written request. The governing documents, conflict of interest policy, and financial statements are made available to individuals and organizations upon written request.”
Filing and Contact Details
Filer
- Filer Name
- Kansas Ffa Foundation Inc
- EIN
- 48-0939673
- Phone
- 7854102576
- Address
- 110 UMBERGER HALL, MANHATTAN, KS 66506-3407
Signing Officer
- Name
- Beth Gaines
- Title
- Executive Director
- Phone
- 7854102576
- Signed
- 2025-02-14
Organization Details
- Principal Officer
- Beth Gaines
- Formed
- 1982
- Legal Domicile
- Ks
- Voting Board Members
- 24
- Independent Board Members
- 24
- Employees
- 0
Preparer
- Firm
- Sink Gordon Accountants & Advisors Llp
- Address
- 1960 KIMBALL AVE 400, MANHATTAN, KS 66502
- Preparer
- James L Gordon
- Phone
- 7855370190
Supplemental Narrative
Additional Explanations
FORM 990 - ORGANIZATION'S MISSION
“Enable the kansas agriculture education and ffa programs to empower future leaders and their passions. The kansas ffa foundation will do this by developing and sustaining collaborative relationships resulting in financial support and service opportunities.”
Form 990, Page 2, Part III, Line 4D
“Expenses necessary for program education and achievement”
Form 990, Part XI, Line 9
“PY DEFERRED REVENUE 0”
Raw XML AppendixShowing 400 of 418 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt | 0 | GRANT FUNDS AWARDED BY THE KANSAS FFA FOUNDATION ARE AWARDED BY THE BOARD AND SUCH COMMITTEES AS THE BOARD DESIGNATES. THE FOUNDATION MAINTAINS A CONFLICT OF INTEREST POLICY TO WHICH ALL BOARD MEMBERS, TRUSTEES, AND COMMITTEE MEMBERS MUST ADHERE IN VOTING AND OTHERWISE SELECTING GRANT RECIPIENTS. |
| IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE I, PAGE 1, PART I, LINE 2 |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ENABLE THE KANSAS AGRICULTURE EDUCATION AND FFA PROGRAMS TO EMPOWER FUTURE LEADERS AND THEIR PASSIONS. THE KANSAS FFA FOUNDATION WILL DO THIS BY DEVELOPING AND SUSTAINING COLLABORATIVE RELATIONSHIPS RESULTING IN FINANCIAL SUPPORT AND SERVICE OPPORTUNITIES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES NECESSARY FOR PROGRAM EDUCATION AND ACHIEVEMENT |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE OFFICERS OF THE ORGANIZATION WILL INITIALLY REVIEW THE FORM 990 AND THEN FORWARD IT TO THE BOARD OF TRUSTEES FOR THEIR REVIEW AND APPROVAL. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE ORGANIZATION HAS REQUESTED ANNUAL DISCLOSURE OR UPDATES TO THE CHAIRMAN OF THE BOARD OF TRUSTEES ON A FORM PROVIDED BY THE ORGANIZATION THE INTERESTS THAT COULD GIVE RISE TO THE CONFLICTS OF INTEREST. THE CHAIRMAN HAS DETERMINED THE APPROPRIATE ACTION TO BE TAKEN IN RESPONSE TO EACH INTEREST SO DISCLOSED. THE ORGANIZATION'S EXECUTIVE DIRECTOR HAS MONITORED PROPOSALS AND ONGOING TRANSACTIONS FOR CONFLICTS OF INTEREST AND DISCLOSED THEM TO THE CHAIRMAN IN ORDER TO DEAL WITH POTENTIAL OR ACTUAL CONFLICTS, WHETHER DISCOVERED BEFORE OR AFTER THE TRANSACTION HAS OCCURRED. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | A PERFORMANCE EVALUATION REQUEST FOR COMMENTS IS SENT ELECTRONICALLY TO ALL BOARD MEMBERS FOR THE EXECUTIVE DIRECTOR OF THE KANSAS FFA FOUNDATION, INC. INSTRUCTIONS FOR THE COMPLETION OF THE CURRENT YEAR'S EVALUATION PROCESS ALSO ACCOMPANY THE PERFORMANCE EVALUATION CALL FOR COMMENTS. PERFORMANCE EVALUATION FORMS ARE SENT TO THE FULL BOARD BY THE END OF APRIL. THE SUGGESTED RETURN IS BETWEEN 1 AND 1.5 WEEKS. THE COMPLETED EVALUATION FORMS AND COMMENTS ARE REVIEWED BY THE CHAIRMAN OF THE BOARD AND EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS CURRENT SALARIES AND THE UPCOMING YEAR'S MARKET RANGES. THE EXECUTIVE COMMITTEE REPORTS FOR REVIEW TO THE FULL BOARD ON SALARY FOR THE EXECUTIVE DIRECTOR FOR THE UPCOMING YEAR. COMMENTS ARE PRESENTED TO ALL BOARD MEMBERS DURING THE JUNE BOARD OF TRUSTEE MEETING. BASED ON FEEDBACK FROM THE BOARD OF TRUSTEES, THE EXECUTIVE COMMITTEE CHAIRMAN, OR THEIR DESIGNEE, PROVIDES AND PRESENTS THE EXECUTIVE DIRECTOR WITH HIS/HER EVALUATION. THE UPCOMING YEAR'S SALARY IS ALSO DISCUSSED AT THAT TIME. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE FORM 990 IS MADE AVAILABLE TO INDIVIDUALS AND ORGANIZATIONS UPON WRITTEN REQUEST. THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO INDIVIDUALS AND ORGANIZATIONS UPON WRITTEN REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | PY DEFERRED REVENUE 0 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 2, PART III, LINE 4D |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PAGE 6, PART VI, LINE 15A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART XI, LINE 9 |
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| IRS990/USAddress/AddressLine2Txt | 0 | 306 E ARMER |
| IRS990/USAddress/CityNm | 0 | WESTMORELAND |
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| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
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| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-02-14 |
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| ReturnHeader/Filer/USAddress/CityNm | 0 | MANHATTAN |
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