Friends of the Weatherford Ffa Inc
Nonprofit profile at a glance
- EIN
- 800789781
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2021
- Location
- Weatherford, TX, USA
- Phone
- 9158611679
- Rating
- 48
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Youth Development - Agricultural
Reported finances
- Revenue
- $49,428
- Expenses
- $17,913
- Assets
- $94,068
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- AKELA PEARSON (PRESIDENT)
People named in this filing
- AKELA PEARSON (PRESIDENT)
- HEATHER MILLAR (VICE PRESIDE)
- TONJA MEDLOCK (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
Friends of the weatherford ffa is a nonprofit organization that helps raise funds for weatherford ffa students and teachers. Through our fundraisers, we are able to provide financial needs/grants/scholarships for ffa students as well as fees for lde/cde competitions. Our sole purpose is to promote agriculture and give access to students for ffa activities that would not be able to afford it otherwise.
What it reported doing in 2024
Support of ffa students and teachers
Operating model
- Revenue model
- Other-operating. 71% of the money available for current operations came from other operating revenue.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 17
- Transparency & Controls: 82
- Sustainability: 76
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 10.1%; rating input score 10
- Program expense ratio: 27.9%; rating input score 28
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 63.8%; rating input score 94; 94th percentile among comparable filings
- Total-asset coverage ratio: 5.25; rating input score 85; 85th 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: -72.5% per year; rating input score 0; 5th percentile among comparable filings
- Revenue growth: 10.5% per year; rating input score 100; 82nd percentile among comparable filings
- Asset growth: 37.4% per year; rating input score 100; 93rd percentile among comparable filings
Details
- Where the money goes: 10.1% of revenue deployed · 27.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $5K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2022 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.
- High — Financial Efficiency: Mission deployment rate scored 10/100.
- High — Financial Efficiency: Program expense ratio scored 28/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.