2022-08-09T10:20:06-05:00 2021-12-31 FORVIS LLP 201 N Illinois Street Indianapolis IN 46204 990 2021-01-01 546044662 National FFA Foundation Inc % NATIONAL FFA FDN INC NATI 3178026060 6060 FFA DRIVE INDIANAPOLIS IN 46278 TONYA COEN CONTROLLER 3178026060 2022-11-15 true TONYA COEN 999009999 NICOLE B FISHBACK P01279475 3173834000 2022-11-15 3 2021 2022-09-23 18:48:47Z TONYA COEN 6060 FFA DRIVE INDIANAPOLIS IN 46278 20241041 false X WWW.FFA.ORG X 1944 IN THE FOUNDATION WAS ORGANIZED FOR THE PURPOSE OF FURTHERING EDUCATION AND DEVELOPMENT OF FFA MEMBERS WITH EMPHASIS IN ALL SEGMENTS OF THE INDUSTRY OF AGRICULTURE IN AMERICA. 13 13 24 60 0 0 17970481 14065954 546227 841320 583546 2157562 0 0 19100254 17064836 14538914 12259595 0 0 3253747 3168060 0 0 3173740 1086743 1208858 18879404 16636513 220850 428323 38626743 41160721 6728372 8295037 31898371 32865684 X THE FOUNDATION WAS ORGANIZED FOR THE OVERALL PURPOSE OF FURTHERING EDUCATION AND DEVELOPMENT OF FFA MEMBERS WITH EMPHASIS IN ALL SEGMENTS OF THE INDUSTRY OF AGRICULTURE IN AMERICA AT THE NATIONAL, STATE, AND LOCAL LEVELS. false false 7826544 7805144 821707 CAREER DEVELOPMENT PROGRAMS HELP FFA MEMBERS LEARN AND GROW IN PROMISING CAREERS IN AGRICULTURE AND RELATED AREAS, FROM BIOTECHNOLOGY TO AGRICULTURAL BUSINESS AND MARKETING TO TEACHING. THESE PROGRAMS INCLUDE THOSE THAT AWARD FFA MEMBERS FOR BEING THE BEST AT THEIR AG SPECIALTY SUCH AS TWENTY FOUR CAREER DEVELOPMENT EVENTS AND FORTY NINE DIFFERENT PROFICIENCY AWARDS. FFA MEMBERS CAN PARTICIPATE AND WIN AT THE CHAPTER, STATE AND NATIONAL LEVELS. THE NATIONAL AWARD WINNERS ARE DETERMINED DURING THE NATIONAL CONVENTION AND ARE PRESENTED AT SPECIAL CEREMONIES. ALMOST ALL FFA MEMBERS HAVE THE OPPORTUNITY TO PARTICIPATE IN ONE MORE OF THESE AWARD PROGRAMS AND MORE THAN 3,700 WERE PART OF THE NATIONAL AWARDS. THE FOUNDATION'S COLLEGIATE SCHOLARSHIP PROGRAM AWARDED A LITTLE OVER $1.5 MILLION TO MORE THAN 1,200 FFA MEMBERS IN 2021. NATIONAL FFA FOUNDATION MAKES GRANTS TO THE NATIONAL FFA ORGANIZATION AND OTHER AGRICULTURAL EDUCATION RELATED ORGANIZATIONS FOR THE OPERATION OF THEIR AGRICULTURAL EDUCATION RELATED PROGRAMS. 439051 439051 LEADERSHIP DEVELOPMENT PROGRAMS ALLOW FFA MEMBERS TO DEVELOP THEIR LEADERSHIP SKILLS BY BEING ABLE TO PARTICIPATE IN VARIOUS CONFERENCES AND ACTIVITIES INCLUDING THE STATE PRESIDENT'S CONFERENCE, THE NATIONAL LEADERSHIP CONFERENCE FOR STATE OFFICERS AND VARIOUS LEADERSHIP WORKSHOPS AND ACTIVITIES HELD AT THE NATIONAL CONVENTION. MORE THAN 800 FFA MEMBERS PARTICIPATED IN AND BENEFITED FROM THE FIRST TWO CONFERENCES. MORE THAN 60,000 FFA MEMBERS ATTENDED THE NATIONAL CONVENTION VIRTUALLY IN 2021 AND HAD THE OPPORTUNITY TO PARTICIPATE IN THE LEADERSHIP ACTIVITIES. 4012400 4012400 PROFESSIONAL DEVELOPMENT/OTHER PROGRAMS INCLUDE THE DEVELOPMENT OF AGRICULTURAL RELATED CURRICULUMS TO HELP FFA ADVISORS SUCCESSFULLY TEACH FFA MEMBERS. OTHER PROGRAMS INCLUDE MAINTAINING THE HALL OF ACHIEVEMENT WHICH SHOWS THE PROGRESS OF FFA MEMBERS OVER THE YEARS AND OTHER PROGRAMS THAT HELP FFA ADVISORS TO BE THEIR BEST IN ORDER TO HELP FFA MEMBERS BE THEIR BEST. 3000 3000 19613 PERSONAL GROWTH PROGRAMS ALLOW FFA MEMBERS TO PARTICIPATE IN ACTIVITES THAT HELP THEM GROW. THEY WORK WITH YOUNGER STUDENTS AND HELP THEM LEARN MORE ABOUT AGRICULTURE AND HOW IT HELPS FEED THE WORLD AND ALL THE OTHER CONTRIBUTIONS AGRICULTURE MAKES IN THEIR EVERYDAY LIVES. FFA MEMBERS ALSO PARTICIPATE IN MAKING THEIR COMMUNITIES BETTER PLACES TO LIVE. 3000 3000 19613 12280995 true true false false false false false false false true false false false false true false true true false false false false false false false false false true true true false false false false false false false false false false false false true true false false false true 13 0 24 true false false false false false true true false false false false false false X 13 13 false false false false false false false true true false false true true true false true true true true false AL AK AZ AR CA CT DC FL GA IL IN KS KY LA ME MD MA MI MN MS MO NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI X X NATIONAL FFA FDN INC 3178024306 FINANCIAL MGMT 6060 FFA DR INDIANAPOLIS IN 46278 X MARK POESCHL END 714 CHIEF EXECUTIVE OFFICER 20.0 20.0 X 67520 245412 62586 DAVID SCHAPKER CHIEF FINANCIAL OFFICER 10.0 30.0 X 51719 158205 41985 MOLLY BALL PRESIDENT 40.0 0.0 X 200619 0 40124 JAMES WILLIAMS EXECUTIVE DIRECTOR OF DEVELOP. 40.0 0.0 X 151075 0 30215 SCOTT STUMP BEG 621 CHIEF EXECUTIVE OFFICER 20.0 20.0 X 65320 65596 26183 STACI GLASER DIRECTOR, DEVELOPMENT OPS. 40.0 0.0 X 101233 0 20462 RONNIE SIMMONS TRUSTEE'S CHAIR '20-'21 1.0 0.0 X X 0 0 0 LINDA TANK TRUSTEE 1.0 0.0 X 0 0 0 MICHELLE STUTTGEN TRUSTEE 1.0 0.0 X 0 0 0 JAMES R WOODARD NAT'L ADVISOR & BOARD CHAIRMAN 1.0 1.0 X X 0 0 0 VERN HAWKINS TRUSTEE 1.0 0.0 X 0 0 0 SHARISA NAILOR TRUSTEE 1.0 0.0 X 0 0 0 LYLE ORWIG TRUSTEE'S PAST CHAIR 1.0 0.0 X 0 0 0 JON SIMONSEN TRUSTEE 1.0 0.0 X 0 0 0 HENRI G MOORE TRUSTEE 1.0 0.0 X 0 0 0 DOSTER HARPER NATIONAL FFA PRESIDENT 1.0 0.0 X X 0 0 0 BRIAN L FIELD TRUSTEE 1.0 0.0 X 0 0 0 AUSTIN LARGE TRUSTEE 1.0 0.0 X 0 0 0 PAUL REA TRUSTEE'S CHAIR ELECT 1.0 0.0 X 0 0 0 WILLIAM DEIMLER NATIONAL TREASURER 1.0 1.0 X 0 0 0 CHERYL ZIMMERMAN NATIONAL EXECUTIVE SECRETARY 1.0 1.0 X 0 0 0 637486 469213 221555 3 false true false STRATUSLIVE LLC 6465 COLLEGE PARK SQ VIRGINIA BEACH VA 23464 SOFTWARE SUPPORT 115870 1 14065954 0 14065954 PROGRAM MATERIAL FEES 900099 841320 841320 841320 958456 958456 0 0 0 0 0 4375311 3176205 1199106 1199106 1199106 0 0 0 0 0 0 0 0 0 0 17064836 841320 2157562 7073214 7073214 5186381 5186381 0 0 558321 167496 390825 0 1601883 214752 1387131 0 853885 468354 385531 153971 24353 129618 0 0 47060 47060 0 0 77792 77792 157504 48302 109202 8748 8748 59737 11059 48678 381600 60000 321600 0 143693 25080 118613 89896 12777 77119 0 47094 361 46733 0 0 0 0 TRAINING AND DEVELOPMENT 15755 1200 14555 OTHER EXPENSES 117883 7268 110615 BAD DEBT EXPENSE 21400 21400 BANK CHARGES 40696 15924 24772 16636513 12280995 1181778 3173740 4866340 3556512 0 0 7179133 5585578 0 0 0 0 0 0 0 0 0 0 90687 130631 0 0 26490583 31888000 0 0 0 0 0 0 0 0 38626743 41160721 1514233 2537037 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5214139 5758000 6728372 8295037 X 7336715 8555169 24561656 24310515 31898371 32865684 38626743 41160721 428323 538990 X false true X true false X 20575098 17111800 22306440 17970481 14065954 92029773 0 0 20575098 17111800 22306440 17970481 14065954 92029773 7781120 84248653 396336 558993 511670 537244 958456 2962699 0 0 94992472 2976134 0.88690 0.83882 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12957358 179480 1508461 248432 19792 66177 14310898 10218492 1610683 1485500 305123 19356 32838 12957358 7652209 1447285 1337913 173132 17965 27818 10218492 7720162 980189 -626154 361237 40000 20751 7652209 6964094 514963 887086 598299 40000 7682 7720162 0.70500 0.29500 false false 0 DUE TO AFFILIATED ORGANIZATION 5758000 5758000 17541634 538990 15600 554590 16987044 77792 77792 17064836 16574321 15600 15600 16558721 77792 77792 16636513 SCHEDULE D, PART V, LINE 4 ENDOWMENT FUND: THE NATIONAL FFA FOUNDATION, INC. ENDOWMENT FUNDS ARE INTENDED TO BE PERMANENTLY RESTRICTED FUNDS THAT ARE INVESTED WITH THE INTENT TO PROVIDE ANNUAL INCOME THAT IS STABLE AND GROWING, WHICH IS SPENT IN LINE WITH EACH ENDOWMENT DONOR'S REQUIREMENTS. SOME OF THE INCOME IS USED TO PROVIDE SCHOLARSHIPS TO FFA MEMBERS THAT MEET THE REQUIREMENTS OF THE DONOR FOR THOSE RESTRICTED FUNDS. OTHER FUNDS ARE DEDICATED TO MAINTAINING THE HALL OF ACHIEVEMENT IN THE ROTUNDA OF THE NATIONAL FFA CENTER IN INDIANAPOLIS. SPENDING IS BASED ON THE REQUIREMENTS OF EACH INDIVIDUAL ENDOWMENT WITHIN THE ENTIRE ENDOWMENT FUND. SCHEDULE D, PART X, LINE 2 ASC 740 DISCLOSURE: MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. true NATIONAL FFA ORGANIZATION 6060 FFA DRIVE INDIANAPOLIS IN 46278 540524844 501(C)3 7073214 GENERAL SUPPORT 1 CAREER DEVELOPMENT PROGRAMS AWARDS 1378 3029289 ENDOWMENT CAREER DEVELOPMENT PROGRAMS AWARDS 50 61750 ENDOWMENT PROFESSIONAL DEVELOPMENT/OTHER PROGRAM 28 223479 PROFESSIONAL DEVELOPMENT/OTHER PROGRAM GRANTS 141 1868862 PERSONAL GROWTH PROGRAM GRANTS 1 3000 SCHEDULE I, PART I, LINE 2 MONITORING THE USE OF GRANT FUNDS IN THE UNITED STATES: SCHOLARSHIP SELECTION IS AN AUTOMATED PROCESS. APPLICATIONS ARE SCORED IN FOUR AREAS - ACADEMICS, LEADERSHIP, SAE/WORK EXPERIENCE AND COMMUNITY INVOLVEMENT - AND ASSIGNED A TOTAL OVERALL SCORE. DURING THE SELECTION PROCESS, SPONSOR CRITERIA IS ENTERED AND THE DATABASE IDENTIFIES APPLICANT MEETING THE CRITERIA, THEN DISPLAYS THE RESULTS IN DESCENDING ORDER WITH THE HIGHEST OVERALL SCORE FIRST. THE DETERMINING FACTOR IS SPONSOR CRITERIA. APPLICANTS IDENTIFIED BY THE DATABASE ARE REVIEWED BY INDEPENDENT SOURCES TO INSURE THE RECIPIENT MEETS ALL CRITERIA AND PREFERENCES WHERE STATED. SCHOLARSHIPS ARE MADE OUT TO BOTH THE STUDENT AND THE COLLEGE/UNIVERSITY TO ENSURE FUNDS ARE USED AS REQUIRED. MOST GRANTS AND AWARDS ARE FOR GENERAL USE, GRANTS ARE AWARDED BASED ON SPECIFIC CRITERIA FOR EACH GRANT, WHICH INVOLVES MINIMAL, IF ANY, MONITORING IN MOST CASES. THE NATIONAL FFA FOUNDATION, INC. IS NOT A TRUE GRANT-MAKING ORGANIZATION AND NORMALLY DOES NOT ISSUE GRANTS THAT NEED TO BE MONITORED OUTSIDE OF MAKING SURE THE RECIPIENTS MEET ALL REQUIREMENTS. X X true false false false false false false false false JAMES WILLIAMS EXECUTIVE DIRECTOR OF DEVELOP. 150715 0 0 0 360 0 7880 0 22335 0 181290 0 0 0 SCOTT STUMP BEG 621 CHIEF EXECUTIVE OFFICER 65320 65320 0 0 0 276 0 8011 0 18172 65320 91779 0 0 MARK POESCHL END 714 CHIEF EXECUTIVE OFFICER 67520 67520 0 0 0 177892 0 26000 0 36586 67520 307998 0 0 DAVID SCHAPKER CHIEF FINANCIAL OFFICER 51719 155157 0 0 0 3048 0 26000 0 15985 51719 200190 0 0 MOLLY BALL PRESIDENT 200259 0 0 0 360 0 17385 0 22739 0 240743 0 0 0 SCHEDULE J, PART I, LINE 4A SEVERANCE PAYMENTS: THE FOLLOWING INDIVIDUAL RECEIVED A SEVERANCE PAYMENT: MARK POESCHL - $176,217 FORM 990, PART VI, SECTION B, LINE 11B REVIEW OF FORM 990: THE AUDITED FINANCIAL STATEMENTS ARE USED TO PREPARE THE FORM 990. THE NATIONAL FFA FOUNDATION, INC. CONTROLLER AND CHIEF FINANCIAL OFFICER REVIEWS THE FORM 990 AFTER THE INDEPENDENT ACCOUNTING FIRM COMPLETES THE FORM 990. THE FINAL VERSION OF THE 990 WILL BE EMAILED TO EACH BOARD MEMBER PRIOR TO THE FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY: THE NATIONAL FFA FOUNDATION, INC. BOARD OF TRUSTEES, STAFF MEMBERS AND/OR THEIR CLOSE RELATIVES WHO HAVE A FINANCIAL INTEREST IN ANY THIRD PARTY THAT CONDUCTS OR PROPOSES TO DO BUSINESS WITH THE ORGANIZATION NOTIFY ANNUALLY THE PRESIDENT OF THE BOARD OF TRUSTEES AND THE EXECUTIVE DIRECTOR. THE PRESIDENT OF THE BOARD OF TRUSTEES AND THE EXECUTIVE DIRECTOR WILL ASSESS WHETHER ADEQUATE SAFEGUARDS ARE IN PLACE AGAINST A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A & 15B PROCESS TO DETERMINE EXECUTIVE DIRECTOR AND OFFICER COMPENSATION: THE NATIONAL FFA ORGANIZATION'S HUMAN RESOURCE MANAGER ON BEHALF OF THE NATIONAL FFA FOUNDATION, INC. UTILIZES AN OUTSIDE COMPENSATION CONSULTANT, THAT USES THE HR DIMENSIONS PROVIDED BY THE NATIONAL FFA FOUNDATION, INC. AND THEY PULL MARKET DATA FOR BOTH NOT-FOR-PROFIT AND FOR PROFITS IN THE LEVELING OF ALL POSITIONS. THE SALARIES WERE REVIEWED BY AN OUTSIDE COMPENSATION CONSULTANT IN 2020. THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES WITH THE HELP OF THE HUMAN RESOURCE DEPARTMENT REVIEWS THE APPROPRIATENESS OF THE SALARY. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF GOVERNING DOCUMENTS, COI POLICY, AND FINANCIAL STATEMENTS: THE NATIONAL FFA FOUNDATION, INC. MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC THROUGH ITS WEB SITE WWW.FFA.ORG AND UPON REQUEST. FORM 990, PART VII, SECTION A EMPLOYEES PAID BY THE NATIONAL FFA ORGANIZATION: ALL FOUNDATION EMPLOYEES ARE PAID BY THE NATIONAL FFA ORGANIZATION (FEIN: 54-0524844). THE NATIONAL FFA FOUNDATION, INC. REIMBURSES THE NATIONAL FFA ORGANIZATION 100% FOR EMPLOYEES THAT ONLY WORK FOR THE FOUNDATION. THIS INCLUDES MOLLY BALL, STACI GLASER, AND JAMES WILLIAMS. THE NATIONAL FFA FOUNDATION, INC. REIMBURSES THE NATIONAL FFA ORGANIZATION FOR 50% OF MARK POESCHL AND 25% OF DAVID SCHAPKER. FFA TRUST MANAGEMENT LLC 6060 FFA DRIVE INDIANAPOLIS IN 46268 INVESTMENT IN 0 NATL FFA FDN FFA POOLED INVESTMENT TRUST LLC 6060 FFA DRIVE INDIANAPOLIS IN 46268 INVESTMENT IN 260203 5833901 NATL FFA FDN NATIONAL FFA ORGANIZATION 6060 FFA DRIVE INDIANAPOLIS IN 46268 540524844 EDUCATION/DEV DC 501(C)(3) 10 NA false false true false false false false false false false false false false true true true true false false