Wisconsin Association of Ffa Incorporated

Nonprofit profile at a glance

EIN
396096332
IRS 990 coverage
2010–2024
Forms available
Form 990 2024, Form 990-EZ 2009
Location
Madison, WI, USA
Phone
6082665770
Rating
90
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$742,804
Expenses
$726,511
Assets
$780,094
Liabilities
$22,926

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

Leadership & pay

44 people listed

Executive titles in this filing

  • JESCEY THOMPSON (PRESIDENT (THRU JUNE))
  • AMALIA DRAXLER (VP TO PRESIDENT (JUNE TRANSITION))
  • CHEYENNE JOHNSON (VICE PRESIDENT (THRU JUNE))
  • ABEL KOOIMA (VICE PRESIDENT (THRU JUNE))
  • LUKE SCHRAUFNAGEL (VICE PRESIDENT (THRU JUNE))
  • CRYSTAL ANHALT (VICE PRESIDENT (THRU JUNE))

People named in this filing

  • JESCEY THOMPSON (PRESIDENT (THRU JUNE))
  • AMALIA DRAXLER (VP TO PRESIDENT (JUNE TRANSITION))
  • CHEYENNE JOHNSON (VICE PRESIDENT (THRU JUNE))

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

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

Overview

Mission

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

What it reported doing in 2024

The Wisconsin association of ffa served over 25,000 members throughout Wisconsin and held over 55 events during the year. During the sectional leadership workshops, chapter ffa officers and middle school ffa leaders go through a series of leadership development workshops with our state ffa officers. These workshops were attended by about 2,600 members. The mission, edge, and impact conferences are a chance for chapter ffa members to attend a national leadership development conference. These conferences were attended by over 1,200 members. The half-time conference, also presented by our state ffa officers, sets an agenda to gear up two ffa members from each chapter to get ready for the rest of the year and also trains them to be chapter officers. This conference was attended by 400 people. The state convention is similar to the state championship for a football team. If you make it to the state convention to compete, you are one of the best of the best for the year in ffa. It is also a time to celebrate the accomplishments of the state ffa association. The state convention was attended by over 3,500 advisors, members, delegates and guests.

Operating model

Revenue model
Earned-program. 74% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 99% 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: 87
  • Transparency & Controls: 94
  • Accountability: 100
  • Sustainability: 50
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 96.7%; rating input score 97
  • Program expense ratio: 98.8%; rating input score 99
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th 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; 63rd percentile among comparable filings
  • Governance controls: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 2.2%; rating input score 43; 43rd percentile among comparable filings
  • Total-asset coverage ratio: 1.07; rating input score 45; 45th percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 58; 58th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 2.6% per year; rating input score 100; 29th percentile among comparable filings
  • Revenue growth: 1.2% per year; rating input score 100; 20th percentile among comparable filings
  • Asset growth: 1.6% per year; rating input score 100; 24th percentile among comparable filings

Details

  • Where the money goes: 96.7% of revenue deployed · 98.8% of spending went to programs
  • Governance: 23 of 23 board members independent · 7 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $718K in reported program spending
  • Leadership: top reported pay $0 · 44 people listed
  • Consistency: 25 of 25 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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: Operating margin scored 43/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
  • Review — Sustainability: Liabilities to assets ratio scored 58/100.