Education
(B99Z)
IRS Verified
DX Registered
990 on File
THE MINNESOTA FFA FOUNDATION INCORPORATED
Financial strength (30%)
75/100
Reliability (20%)
55/100
Effectiveness (25%)
90/100
Impact (25%)
80/100
CharityAI™ Score
Not yet evaluated
Mission Statement
It is the mission of the Minnesota FFA Foundation to provide resources that promote and enhance premier leadership, personal growth and career success for Minnesota youth enrolled in agricultural education.
Financial Overview — FY 2023
$693K
Total Revenue
$760K
Total Expenses
$3.8M
Net Assets
2
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
78.5%
Fundraising Efficiency
402.7%
Operating Reserve
60.35x
Liability-to-Asset
0.3%
Revenue Diversification
99.0%
Executive Compensation
$97K
Compared with Peers
FY 2023
Compared with 21,283 similar organizations
(United States, Education, $100K–$1M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
78.5% | 88.7% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
16.3% | 8.8% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
5.2% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
402.7% | 1.9% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
60.4 mo | 9.7 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.3% | 0.5% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.0% | 90.2% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
23.8% | 8.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
48.1% | 13.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-9.7% | 2.3% |
P10P90
|
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Agricultural Education Program Support | 41,200 | $13.75 | — | Per Week |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $693K | $760K | $3.8M | 78.5% | 2 |
| 2022 | $560K | $513K | $3.7M | 84.0% | 2 |
| 2021 | $2.2M | $450K | N/A | — | 2 |
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