Maryland Ffa Foundation Inc

Nonprofit profile at a glance

EIN
521354382
IRS 990 coverage
2020–2025
Forms available
Form 990 2025, Form 990-T 2023
Location
Eldersburg, MD, USA
Phone
2404642279
Rating
83
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$199,204
Expenses
$201,997
Assets
$994,878
Liabilities
$0

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

Leadership & pay

17 people listed

Executive titles in this filing

  • MARK MILBY (EXECUTIVE DIRECTOR)

Highest reported compensation

  • MARK MILBY (EXECUTIVE DIRECTOR): $3,500 total reported compensation

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

Overview

Mission

The Maryland ffa foundation raises funds to support the student members of the md ffa association. The md ffa association has 50 local chapters located across the state of Maryland in the local public schools at the middle and high school level, which serves some 2,805 student members. The md ffa foundation raises funds to support ffa career development events, leadership related conferences and workshops.

What it reported doing in 2025

This activity is supported by a grant from an annual donation as part of mr. Joseph byrd's will managed by the community foundation of frederick county, md as a targeted grant to a local ffa chapter in montgomery county, md. Mr. Joseph byrd's will indicates that proceeds from his fund support the closest ffa chapter to poolesville, md which is currently the ffa chapter at damascus high school. The direct revenue of $ 33,972.85 will be transferred to a separate checking account which we manage for the local chapter. This fund supports expenses for classroom supplies or technology that the program might need. Funds may also be used for ffa related advisor/teacher travel and training. Expenses noted include chapter purchases or registrations during cy2025 and management fees on an investment account held and controlled by the md ffa foundation.

Operating model

Revenue model
Donor-supported. 82% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 90
  • Transparency & Controls: 87
  • Accountability: 79
  • Sustainability: 51
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 93.3%; rating input score 93
  • Program expense ratio: 87.4%; rating input score 87
  • Fundraising efficiency: $90.1 raised per $1 spent on fundraising; rating input score 83; 83rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 15th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 91.9%; rating input score 92; 55th 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: 4 of 8 controls in place; rating input score 50
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -1.4%; rating input score 32; 32nd percentile among comparable filings
  • Total-asset coverage ratio: 4.93; rating input score 79; 79th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
  • Officer compensation ratio: 1.7%; rating input score 33; 33rd percentile among comparable filings

Growth

  • Program expense growth: 14% per year; rating input score 100; 75th percentile among comparable filings
  • Revenue growth: -11.4% per year; rating input score 0; 4th percentile among comparable filings
  • Asset growth: 5.5% per year; rating input score 100; 46th percentile among comparable filings

Details

  • Where the money goes: 93.3% of revenue deployed · 87.4% of spending went to programs
  • Governance: 17 of 17 board members independent · 4 of 8 filing controls reported
  • Programs: 6 filed program accomplishments · $177K in reported program spending
  • Leadership: top reported pay $4K · 17 people listed
  • Consistency: 18 of 19 current checks pass · 1 finding to review
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 5 filing years from 2020 to 2025
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 4 filed related-organization links
  • 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.

  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 32/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Moderate — Sustainability: Officer compensation ratio scored 33/100.