Civic Intelligence

Kansas Ffa Foundation Inc.

990 • Fiscal year 2016 • EIN 48-0939673

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 10, 2016

110 Umberger HallManhattan, KS 66506

(785) 410-2576

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

50th percentile

0.04x

Higher debt load relative to assets than 50% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

68th percentile

0.13x

Higher debt load relative to revenue than 68% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

7th percentile

-46%

Higher net margin than 7% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

16th percentile

-11%

Faster asset growth than 16% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

10th percentile

-34%

Faster revenue growth than 10% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$770,692

Down $93,789 (-11%) from 2015

Net Assets

Down

$740,596

Down $95,274 (-11%) from 2015

Liabilities

Up

$30,096

Up $1,485 (+5.2%) from 2015

Revenue

Down

$227,722

Down $117,366 (-34%) from 2015

Expenses

Up

$333,457

Up $174,676 (+110%) from 2015

Net Income

Down

-$105,735

Down $292,042 (-157%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $440,187Liabilities 2011: $898Net Assets 2011: $439,2892011Assets 2012: $512,780Liabilities 2012: $39,773Net Assets 2012: $473,0072012Assets 2013: $616,862Liabilities 2013: $29,192Net Assets 2013: $587,6702013Assets 2014: $738,037Liabilities 2014: $24,570Net Assets 2014: $713,4672014Assets 2015: $864,481Liabilities 2015: $28,611Net Assets 2015: $835,8702015Assets 2016: $770,692Liabilities 2016: $30,096Net Assets 2016: $740,5962016Assets 2017: $726,518Liabilities 2017: $27,109Net Assets 2017: $699,4092017Assets 2018: $768,284Liabilities 2018: $9,840Net Assets 2018: $758,4442018Assets 2019: $802,848Liabilities 2019: $9,840Net Assets 2019: $793,0082019Assets 2020: $961,590Liabilities 2020: $32,040Net Assets 2020: $929,5502020Assets 2021: $1,038,000Liabilities 2021: $0Net Assets 2021: $1,038,0002021Assets 2022: $793,517Liabilities 2022: $0Net Assets 2022: $793,5172022Assets 2023: $1,250,613Liabilities 2023: $0Net Assets 2023: $1,250,6132023Assets 2024: $1,910,082Liabilities 2024: $0Net Assets 2024: $1,910,0822024

Highlighted filing

2016

Assets$770,692
Liabilities$30,096
Net Assets$740,596

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2011: $164,5352011Revenue 2012: $276,009Expenses 2012: $242,291Net Income 2012: $33,7182012Revenue 2013: $365,213Expenses 2013: $250,550Net Income 2013: $114,6632013Revenue 2014: $368,589Expenses 2014: $242,792Net Income 2014: $125,7972014Revenue 2015: $345,088Expenses 2015: $158,781Net Income 2015: $186,3072015Revenue 2016: $227,722Expenses 2016: $333,457Net Income 2016: -$105,7352016Revenue 2017: $213,052Expenses 2017: $272,433Net Income 2017: -$59,3812017Revenue 2018: $399,807Expenses 2018: $337,070Net Income 2018: $62,7372018Revenue 2019: $407,870Expenses 2019: $372,137Net Income 2019: $35,7332019Revenue 2020: $442,210Expenses 2020: $331,408Net Income 2020: $110,8022020Revenue 2021: $486,073Expenses 2021: $438,240Net Income 2021: $47,8332021Revenue 2022: $546,786Expenses 2022: $606,391Net Income 2022: -$59,6052022Revenue 2023: $1,013,155Expenses 2023: $621,951Net Income 2023: $391,2042023Revenue 2024: $1,186,777Expenses 2024: $744,217Net Income 2024: $442,5602024

Highlighted filing

2016

Revenue$227,722
Expenses$333,457
Net Income-$105,735
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 10, 2016
Return Version
2015v2.1
Gross Receipts
$687,938
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
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$835,870$740,596▼ $95,274
Savings and Temporary Cash Investments$553,581$696,762▲ $143,181
Cash and Non-Interest-Bearing Accounts$285,598$51,357▼ $234,241
Land, Buildings, and Equipment, Net$24,552$21,823▼ $2,729
Prepaid Expenses and Deferred Charges$750$750→ $0
Total Assets$864,481$770,692▼ $93,789
Liabilities
Accounts Payable and Accrued Expenses$18,771$19,763▲ $992
Unsecured Notes Loans Payable$9,840$9,840→ $0
Other Liabilities-$493-
Total Liabilities$28,611$30,096▲ $1,485
Net Assets / Fund Balance
Total Net Assets Fund Balance$835,870$740,596▼ $95,274
Total Liabilities and Net Assets / Fund Balance$864,481$770,692▼ $93,789

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$21,823$15,617$37,440
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tom HemmerChair
Jodi a MasonExecutive Di
Revenue and Support

Revenue Composition

Contributions and Grants
$270,912
Program Service Revenue
$0
Investment Income
$-11,194
Other Revenue
$-31,996
All Other Contributions
$270,912
Change in Net Assets
$-105,735
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$141,992
Grants and Similar Amounts Paid$105,838
Salaries, Compensation, and Employee Benefits$85,627
Total Fundraising Expense$9,513
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$47,095$29,969$8,563$85,627
Grants to Domestic Orgs$64,083--$64,083
Grants to Domestic Individuals$41,755--$41,755
Office Expenses$5,363$2,389$371$8,123
Occupancy$2,099$5,400-$7,499
Fees for Services Accounting-$7,113-$7,113
Conferences and Meetings-$6,723-$6,723
Fees for Service Investment Mgmnt Fees-$5,962-$5,962
Travel$2,313$2,893$579$5,785
Fees for Services Other-$4,380-$4,380
Depreciation Depletion$2,729--$2,729
Other Expenses$2,124--$2,124
All Other Expenses$644$388-$1,032
Total Functional Expenses$258,727$65,217$9,513$333,457
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
National Ffa-501c3-$41,872
Kansas Ffa Association-501c3-$11,461
Ffa Chapters (30)-501c3Support National Org$10,750
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$96,220
Fundraising Gross Income$64,224
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Convention$29,529$29,529$55,853$-26,324
Conference$19,000$19,000$30,135$-11,135
Total Events$64,224$64,224$96,220$-31,996
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Liabilities$493
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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

Signing Officer

Name
Tom Hemmer
Title
Chair
Phone
7854483608
Signed
2016-11-10

Organization Details

Principal Officer
Tom Hemmer
Formed
1982
Legal Domicile
Ks
Voting Board Members
23
Independent Board Members
23
Employees
1

Preparer

Firm
Sink Gordon & Associates Llp
Address
COMMERCE BANK TOWER 6TH FLOOR, MANHATTAN, KS 66502
Preparer
Michael E Holtman CPA
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.

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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/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt27155
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2AWARDS
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt12
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt296
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SUPPORT NATIONAL ORG
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0FFA CHAPTERS (30)
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1KANSAS FFA ASSOCIATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2NATIONAL FFA
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0GRANT 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/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ENABLE 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/ExplanationTxt1THE 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/ExplanationTxt2THE 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/ExplanationTxt3A 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/ExplanationTxt4THE 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/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TaxablePartyNotificationInd0false
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IRS990/TotalProgramServiceExpensesAmt0258727
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IRS990/USAddress/AddressLine1Txt0103 WEST MAIN STREET
IRS990/USAddress/CityNm0SOLOMON
IRS990/USAddress/StateAbbreviationCd0KS
IRS990/USAddress/ZIPCd067480
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IRS990/VotingMembersIndependentCnt023
IRS990/WebsiteAddressTxt0WWW.KSFFA.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0TOM HEMMER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum07854483608
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0KANSAS FFA FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0KANS
ReturnHeader/Filer/EIN0480939673
ReturnHeader/Filer/PhoneNum07854102576
ReturnHeader/Filer/USAddress/AddressLine1Txt0110 UMBERGER HALL
ReturnHeader/Filer/USAddress/CityNm0MANHATTAN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KS
ReturnHeader/Filer/USAddress/ZIPCd066506
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0480787299
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SINK GORDON & ASSOCIATES LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0COMMERCE BANK TOWER 6TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MANHATTAN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd066502
ReturnHeader/PreparerPersonGrp/PhoneNum07855370190
ReturnHeader/PreparerPersonGrp/PreparationDt02016-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL E HOLTMAN CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-11-15T11:12:13-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.91$0.00$1.91$1.19$0.74$0.44
2023Detailed filing. Detailed filing data is available for this year.$1.25$0.00$1.25$1.01$0.62$0.39
2022Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.79$0.55$0.61$0.06
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$0.00$1.04$0.49$0.44$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.96$0.03$0.93$0.44$0.33$0.11
2019Detailed filing. Detailed filing data is available for this year.$0.80$0.01$0.79$0.41$0.37$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.77$0.01$0.76$0.40$0.34$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.73$0.03$0.70$0.21$0.27$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.77$0.03$0.74$0.23$0.33$0.11
2015Detailed filing. Detailed filing data is available for this year.$0.86$0.03$0.84$0.35$0.16$0.19
2014Detailed filing. Detailed filing data is available for this year.$0.74$0.02$0.71$0.37$0.24$0.13
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.03$0.59$0.37$0.25$0.11
2012Summary only. Only limited summary data is available for this year.$0.51$0.04$0.47$0.28$0.24$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.00$0.44$0.16
Peer Organizations

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