Civic Intelligence

Tennessee Future Farmers of America Foundation Inc.

990 • Fiscal year 2017 • EIN 58-1611161

Jul 01, 2016 to Jun 30, 2017 • Filed on Dec 11, 2017

Box 5034 TN Tech UniversityCookeville, TN 38505

(931) 372-6050

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.05x

Higher debt load relative to assets than 32% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

63rd percentile

0.31x

Higher debt load relative to revenue than 63% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Net Margin

88th percentile

39%

Higher net margin than 88% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

20th percentile

$0

Higher top officer pay than 20% of similar nonprofits.

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

2017 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2017

Asset Growth

80th percentile

18%

Faster asset growth than 80% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

68th percentile

13%

Faster revenue growth than 68% of similar nonprofits.

2017 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Up

$6,007,275

Up $905,262 (+18%) from 2016

Net Assets

Up

$5,688,268

Up $863,745 (+18%) from 2016

Liabilities

Up

$319,007

Up $41,517 (+15%) from 2016

Revenue

Up

$1,016,781

Up $120,660 (+13%) from 2016

Expenses

Up

$615,292

Up $49,230 (+8.7%) from 2016

Net Income

Up

$401,489

Up $71,430 (+22%) from 2016

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $3,219,213Liabilities 2011: $265,255Net Assets 2011: $2,953,9582011Assets 2012: $3,316,995Liabilities 2012: $247,911Net Assets 2012: $3,069,0842012Assets 2013: $3,806,727Liabilities 2013: $276,456Net Assets 2013: $3,530,2712013Assets 2014: $4,564,461Liabilities 2014: $296,599Net Assets 2014: $4,267,8622014Assets 2015: $4,923,784Liabilities 2015: $283,667Net Assets 2015: $4,640,1172015Assets 2016: $5,102,013Liabilities 2016: $277,490Net Assets 2016: $4,824,5232016Assets 2017: $6,007,275Liabilities 2017: $319,007Net Assets 2017: $5,688,2682017Assets 2018: $7,609,742Liabilities 2018: $334,304Net Assets 2018: $7,275,4382018Assets 2019: $7,591,444Liabilities 2019: $404,310Net Assets 2019: $7,187,1342019Assets 2020: $8,045,342Liabilities 2020: $426,464Net Assets 2020: $7,618,8782020Assets 2021: $9,776,114Liabilities 2021: $536,875Net Assets 2021: $9,239,2392021Assets 2022: $8,783,000Liabilities 2022: $527,660Net Assets 2022: $8,255,3402022Assets 2023: $9,821,469Liabilities 2023: $450,196Net Assets 2023: $9,371,2732023Assets 2024: $14,849,136Liabilities 2024: $453,067Net Assets 2024: $14,396,0692024

Highlighted filing

2017

Assets$6,007,275
Liabilities$319,007
Net Assets$5,688,268

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $411,2342011Expenses 2012: $756,7212012Revenue 2013: $934,456Expenses 2013: $473,268Net Income 2013: $461,1882013Revenue 2014: $1,060,695Expenses 2014: $323,604Net Income 2014: $737,0912014Revenue 2015: $995,440Expenses 2015: $623,185Net Income 2015: $372,2552015Revenue 2016: $896,121Expenses 2016: $566,062Net Income 2016: $330,0592016Revenue 2017: $1,016,781Expenses 2017: $615,292Net Income 2017: $401,4892017Revenue 2018: $2,728,072Expenses 2018: $1,223,930Net Income 2018: $1,504,1422018Revenue 2019: $1,082,548Expenses 2019: $1,191,028Net Income 2019: -$108,4802019Revenue 2020: $1,002,183Expenses 2020: $481,962Net Income 2020: $520,2212020Revenue 2021: $1,153,116Expenses 2021: $657,073Net Income 2021: $496,0432021Revenue 2022: $1,550,962Expenses 2022: $946,942Net Income 2022: $604,0202022Revenue 2023: $1,889,487Expenses 2023: $1,208,853Net Income 2023: $680,6342023Revenue 2024: $5,524,107Expenses 2024: $1,168,080Net Income 2024: $4,356,0272024

Highlighted filing

2017

Revenue$1,016,781
Expenses$615,292
Net Income$401,489
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Dec 11, 2017
Return Version
2016v3.0
Gross Receipts
$1,016,781
Mission and Program Overview

Mission

To support agricultureal education in tennessee.

To support agricultural education in tennessee

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,777,573$5,460,259▲ $682,686
Cash and Non-Interest-Bearing Accounts$3,433$392,716▲ $389,283
Investments Other Securities$91,326$102,850▲ $11,524
Savings and Temporary Cash Investments$223,701$43,987▼ $179,714
Prepaid Expenses and Deferred Charges$405$1,781▲ $1,376
Accounts Receivable$500--
Total Assets$5,102,013$6,007,275▲ $905,262
Other Assets Total$5,075$5,682▲ $607
Liabilities
Other Liabilities$274,355$301,465▲ $27,110
Accounts Payable and Accrued Expenses$3,135$17,542▲ $14,407
Total Liabilities$277,490$319,007▲ $41,517
Net Assets / Fund Balance
Temporarily Rstr Net Assets$4,010,545$4,880,112▲ $869,567
Unrestricted Net Assets$813,978$808,156▼ $5,822
Total Net Assets Fund Balance$4,824,523$5,688,268▲ $863,745
Total Liabilities and Net Assets / Fund Balance$5,102,013$6,007,275▲ $905,262
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dr Ben BylerChairman
Mr Phillip BakerVice Chairma
Mr Buddy CrassBoard Member
Mr Joe HuffineBoard Member
Mr Keith FowlerBoard Member
Mr Matt NealBoard Member
Mr Steven GassBoard Member
Ms Corinne GouldBoard Member
Ms Jessie LumpkinsBoard Member
Ms Julia KnaggsBoard Member
Ms Kelsey RoseBoard Member
Ms Kristina MckeeBoard Member
Ms Laura MossBoard Member
Rhey HoustonBoard Member
Mr Andy NashSecretary
Mr Tim ChowningTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$816,330
Program Service Revenue
$0
Investment Income
$200,351
Other Revenue
$100
All Other Contributions
$504,830
Change in Net Assets
$401,489

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,016,781
Total Revenue per Audited Statements
$1,016,781
Total Revenue per Form 990
$1,016,781
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$442,514
Salaries, Compensation, and Employee Benefits$172,778
Total Fundraising Expense$3,500
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$118,386$39,462-$157,848
Fees for Service Investment Mgmnt Fees-$37,841-$37,841
Office Expenses$25,806$3,740-$29,546
Travel$16,498$5,500-$21,998
Other Expenses$10,565$10,566-$21,131
Conferences and Meetings$14,544--$14,544
Payroll Taxes$9,056$3,019-$12,075
Fees for Services Accounting-$5,475-$5,475
All Other Expenses-$797$3,500$4,297
Advertising$3,315--$3,315
Other Employee Benefits$2,141$714-$2,855
Insurance-$1,931-$1,931
Information Technology$807$808-$1,615
Occupancy-$990-$990
Fees for Services Legal-$41-$41
Total Functional Expenses$500,908$110,884$3,500$615,292

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$615,292
Total Expenses per Audited Statements$615,292
Total Expenses per Form 990$615,292
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Ffa Alumni Custodial Funds$301,465
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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

Federal form 990 is reviewed by the board of directors upon completion.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Tennessee Ffa Foundation
EIN
58-1611161
Phone
9313726050
Address
BOX 5034 TN TECH UNIVERSITY, COOKEVILLE, TN 38505

Signing Officer

Name
Mr Tim Chowning
Title
Treasurer
Phone
9313726050
Signed
2017-12-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Ben Byler
Formed
1984
Legal Domicile
Tn
Voting Board Members
16
Independent Board Members
16
Employees
5

Preparer

Firm
Tamara L Beckman CPA
Address
409 E BROAD STREET, SMITHVILLE, TN 37166
Preparer
Tamara L Beckman
Phone
9315265489
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Prior period adjustment 56,548

Raw XML AppendixShowing 400 of 447 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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IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt05075
IRS990/OtherAssetsTotalGrp/EOYAmt05682
IRS990/OtherChangesInNetAssetsAmt056548
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0714
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt02141
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02855
IRS990/OtherExpensesGrp/Desc0SCHOLARSHIPS & AWARDS
IRS990/OtherExpensesGrp/Desc1PROGRAMS & PROJECTS
IRS990/OtherExpensesGrp/Desc2ALLOCATIONS TO AFFILIATES
IRS990/OtherExpensesGrp/Desc3WEBSITE & TELEPHONE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010566
IRS990/OtherExpensesGrp/ProgramServicesAmt0104542
IRS990/OtherExpensesGrp/ProgramServicesAmt198506
IRS990/OtherExpensesGrp/ProgramServicesAmt296742
IRS990/OtherExpensesGrp/ProgramServicesAmt310565
IRS990/OtherExpensesGrp/TotalAmt0104542
IRS990/OtherExpensesGrp/TotalAmt198506
IRS990/OtherExpensesGrp/TotalAmt296742
IRS990/OtherExpensesGrp/TotalAmt321131
IRS990/OtherLiabilitiesGrp/BOYAmt0274355
IRS990/OtherLiabilitiesGrp/EOYAmt0301465
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt0100
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0100
IRS990/OtherRevenueTotalAmt0100
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt039462
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0118386
IRS990/OtherSalariesAndWagesGrp/TotalAmt0157848
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03019
IRS990/PayrollTaxesGrp/ProgramServicesAmt09056
IRS990/PayrollTaxesGrp/TotalAmt012075
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0405
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01781
IRS990/PrincipalOfficerNm0DR BEN BYLER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0685485
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0189899
IRS990/PYOtherExpensesAmt0410996
IRS990/PYOtherRevenueAmt077
IRS990/PYProgramServiceRevenueAmt020660
IRS990/PYRevenuesLessExpensesAmt0330059
IRS990/PYSalariesCompEmpBnftPaidAmt0155066
IRS990/PYTotalExpensesAmt0566062
IRS990/PYTotalRevenueAmt0896121
IRS990/ReconcilationRevenueExpnssAmt0401489
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0223701
IRS990/SavingsAndTempCashInvstGrp/EOYAmt043987
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd0true
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0626079196
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt030601
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0TN FFA ASSOCIATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt030601
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesSubtotalAmt0615292
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0301465
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0FFA ALUMNI CUSTODIAL FUNDS
IRS990ScheduleD/RevenueSubtotalAmt01016781
IRS990ScheduleD/TotalExpensesPerForm990Amt0615292
IRS990ScheduleD/TotalLiabilityAmt0301465
IRS990ScheduleD/TotalRevenuePerForm990Amt01016781
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01016781
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0615292
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FEDERAL FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS UPON COMPLETION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRIOR PERIOD ADJUSTMENT 56,548
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt04010545
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt04880112
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt05102013
IRS990/TotalAssetsEOYAmt06007275
IRS990/TotalAssetsGrp/BOYAmt05102013
IRS990/TotalAssetsGrp/EOYAmt06007275
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0816330
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt03500
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0110884
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0500908
IRS990/TotalFunctionalExpensesGrp/TotalAmt0615292
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0277490
IRS990/TotalLiabilitiesEOYAmt0319007
IRS990/TotalLiabilitiesGrp/BOYAmt0277490
IRS990/TotalLiabilitiesGrp/EOYAmt0319007
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04824523
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt05688268
IRS990/TotalProgramServiceExpensesAmt0500908
IRS990/TotalRevenueGrp/ExclusionAmt0200451
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01016781
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05102013
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06007275

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$14.8$0.45$14.4$5.52$1.17$4.36
2023Detailed filing. Detailed filing data is available for this year.$9.82$0.45$9.37$1.89$1.21$0.68
2022Detailed filing. Detailed filing data is available for this year.$8.78$0.53$8.26$1.55$0.95$0.60
2021Detailed filing. Detailed filing data is available for this year.$9.78$0.54$9.24$1.15$0.66$0.50
2020Detailed filing. Detailed filing data is available for this year.$8.05$0.43$7.62$1.00$0.48$0.52
2019Detailed filing. Detailed filing data is available for this year.$7.59$0.40$7.19$1.08$1.19$0.11
2018Detailed filing. Detailed filing data is available for this year.$7.61$0.33$7.28$2.73$1.22$1.50
2017Detailed filing. Detailed filing data is available for this year.$6.01$0.32$5.69$1.02$0.62$0.40
2016Detailed filing. Detailed filing data is available for this year.$5.10$0.28$4.82$0.90$0.57$0.33
2015Detailed filing. Detailed filing data is available for this year.$4.92$0.28$4.64$1.00$0.62$0.37
2014Detailed filing. Detailed filing data is available for this year.$4.56$0.30$4.27$1.06$0.32$0.74
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.81$0.28$3.53$0.93$0.47$0.46
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.32$0.25$3.07$0.76
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.22$0.27$2.95$0.41