Kentucky Future Farmers of America Foundation Inc

Nonprofit profile at a glance

EIN
611126081
IRS 990 coverage
2014–2025
Forms available
Form 990 2025
Location
Flemingsburg, KY, USA
Phone
6067824620
Rating
65
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$13,275,403
Expenses
$1,703,618
Assets
$19,856,931
Liabilities
$3,295

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

22 people listed

Executive titles in this filing

  • KIRBY GREEN (PRESIDENT)

Highest reported compensation

  • SHELDON MCKINNEY (SECRETARY): $94,780 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To make a positive difference in the lives of students by developing thier potential for premier leadership, personal growth, and career success through agricultural education.

What it reported doing in 2025

Program service activities consist of incentive awards and convention expenses for ffa student members

Operating model

Revenue model
Donor-supported. 93% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 72% for direct work, and 28% for grants.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 37
  • Transparency & Controls: 85
  • Accountability: 74
  • Sustainability: 89
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 13.6%; rating input score 14
  • Program expense ratio: 88.2%; rating input score 88
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 86.7%; rating input score 87; 2nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 94.4%; rating input score 94; 32nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 87.2%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 11.66; rating input score 87; 87th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 96; 96th percentile among comparable filings
  • Officer compensation ratio: 5.6%; rating input score 53; 53rd percentile among comparable filings

Growth

  • Program expense growth: 9.3% per year; rating input score 100; 64th percentile among comparable filings
  • Revenue growth: 24.8% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 14.5% per year; rating input score 100; 81st percentile among comparable filings

Details

  • Where the money goes: 13.6% of revenue deployed · 88.2% of spending went to programs
  • Governance: 23 of 23 board members independent · 3 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $1.5M in reported program spending
  • Leadership: top reported pay $95K · 22 people listed
  • Consistency: 28 of 30 current checks pass · 2 findings to review
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 12 filing years from 2014 to 2025
  • Contacts: How to reach this organization
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 14/100.
  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Review — Sustainability: Officer compensation ratio scored 53/100.