Future Farmers of America

“The board treasurer, chief financial officer and controller perform a detailed review of the form 990 before it is filed. The final version of the form 990 will be emailed to each board member for review and reviewed by the independent accounting firm prior to filing.”

“Conflict of interest statements are signed annually by each board member and officer of the organization, and reviewed by the chairman of the board and human resources. If board members have a conflict, they recuse themselves from discussions and voting in that area.”

“The human resources department conducts compensation reviews for the entire staff inclusive of the chief executive officer (ceo) using market-based data. The market data and any recommended change is shared with the executive compensation committee of the board of directors for the national ffa organization. The executive compensation committee approves any and all changes for the ceo's compensation. The last compensation reviews were conducted in 2024.”

“Same as form 990, part vi, line 15a above.”

“The organization's governing documents, conflict of interest policy, and financial statements are available to the public upon request.”

“The board positions of secretary and treasurer are non-voting.”

“Contracted Services - Total Expense: 124878, Program Service Expense: 90288, Management and General Expenses: 34590, Fundraising Expenses: 0; Management Fees - Publishing - Total Expense: 1003580, Program Service Expense: 1003580, Management and General Expenses: 0, Fundraising Expenses: 0; Professional Fees - Consulting - Total Expense: 930612, Program Service Expense: 20577, Management and General Expenses: 910035, Fundraising Expenses: 0; Professional Fees - Editorial - Total Expense: 218758, Program Service Expense: 218758, Management and General Expenses: 0, Fundraising Expenses: 0; Professional Fees - Educational Resources - Total Expense: 9217, Program Service Expense: 7992, Management and General Expenses: 1225, Fundraising Expenses: 0; Professional Fees - General - Total Expense: 1410292, Program Service Expense: 1306129, Management and General Expenses: 104163, Fundraising Expenses: 0; Professional Fees - Office Management - Total Expense: 50739, Program Service Expense: 50739, Management and General Expenses: 0, Fundraising Expenses: 0;”

“Revenue Recognition Adjustment - -143190; Intercompany Reimbursement - 455196; Transfer of Alumni activities to Foundation - -5938505; Total - -5626499;”