Hawaii Ffa Foundation

Nonprofit profile at a glance

EIN
020760507
IRS 990-EZ coverage
2010–2010
Forms available
Form 990-EZ 2010, Form 990-N 2007
Location
Hilo, HI, USA
Phone
8089385398
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Youth Development - Agricultural

Reported finances

Revenue
$76,691
Expenses
$79,716
Assets
$7,175

Source: IRS Form 990-EZ. Selected filing: tax year 2010. Amounts in USD.

Leadership & pay

6 people listed

Source: IRS Form 990-EZ. Selected filing: tax year 2010. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Hawaii FFA Foundation's primary exempt purpose is to support agriculture and agriculture education in the State of Hawaii. The organizations mission statement is "to build positive collaborations in agriculture and education that supports an active and sustainable agriculture industry, for the leaders of tomorrow."

What it reported doing in 2010

Natural Farming Seminars - The Hawaii FFA Foundation held four, 3-day seminars on 2 separate islands in order to educate farmers, gardeners and the general public on the methods and techniques of the Cho Natural Farming methods. This is a new method of natural agriculture cultivation which utilizes local materials and resources to create your own natural fertilizers (inputs) and natural pesticides. This new method of cultivation has shown in Korean based studies to reduce water usage and increase crop yields. We believe that this method will help revive Hawaii's dying agriculture and have been working in partnership with the County of Hawaii and University of Hawaii College of Tropical Agriculture and Human Resources as well as State Department of Business and Economic Development and Tourism, Kamehameha Schools, Ulupono Initiative and others to educate the public about Natural Farming methods. More workshops are scheduled for 2011.

Operating model

Revenue model
Donor-supported. 87% of the money available for current operations came from contributions and gifts.
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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 94
  • Transparency & Controls: 100
  • Sustainability: 21
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 95.9%; rating input score 96
  • Program expense ratio: 92.3%; rating input score 92

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 50th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -3.9%; rating input score 39; 39th percentile among comparable filings
  • Total-asset coverage ratio: 0.09; rating input score 9; 9th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 95.9% of revenue deployed · 92.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 5 filed program accomplishments · $74K in reported program spending
  • Leadership: top reported pay $2K · 6 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Money network: 1 filed money-flow record
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Sustainability: Operating margin scored 39/100.
  • High — Sustainability: Total-asset coverage ratio scored 9/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.