Area Ix Ffa Association

Nonprofit profile at a glance

EIN
371497189
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024
Location
Rusk, TX, USA
Phone
9032840778
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Youth Development - Agricultural

Reported finances

Revenue
$95,171
Expenses
$74,104
Assets
$70,943

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • BRANDON OTTO (Vice President)
  • CODY BERRY (President)

People named in this filing

  • CHRIS WILDER (Director)
  • BRANDON OTTO (Vice President)
  • MADISON DUNN (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Develop agriculture leadership. Increase awareness of importance of agriculture. Strengthen agriculture student's confidence in themselves and their work. Promote agricutural careers. Encourage achievement in supervised agricultural experience programs. Encourage wise management of community's economic, environmental and human resources. Develop interpersonal skills in teamwork, communication, human relations, and social interaction. Build character and promote citizenship, volunteerism, and patriotism. Promote cooperation and cooperative attitudes among all people. Promote healthy lifestyles. Encourage excellence in scholarship.

What it reported doing in 2024

Develop agriculture leadership, increase awareness of agrigulture, promote agricultural career options, encourage wise management of resources, build teamwork, communication, human relations, citizenship & volunteerism within the youth of our area schools.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 82
  • Sustainability: 55
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 77.9%; rating input score 78
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 22.1%; rating input score 75; 75th percentile among comparable filings
  • Total-asset coverage ratio: 0.96; rating input score 45; 45th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 13.8% per year; rating input score 100; 77th percentile among comparable filings
  • Revenue growth: 46.2% per year; rating input score 100; 96th percentile among comparable filings
  • Asset growth: 33.5% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • Where the money goes: 77.9% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $74K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.