2023-12-05T08:44:52-06:00 2023-06-30 420731256 MERIWETHER WILSON AND COMPANY PLLC 4500 WESTOWN PARKWAY SUITE 140 WEST DES MOINES IA 502666717 990 2022-07-01 421305468 IOWA FFA FOUNDATION INC IOWA 5159657370 1055 SW PRAIRIE TRAIL PKWY 1 ANKENY IA 500237073 JIM GARDNER TREASURER 5159657370 2023-11-29 1 JIM GARDNER XXX-XX-XXXX 0 JONATHAN MAAHS P01536301 5152230002 2023-11-03 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JIM GARDNER 1055 SW PRAIRIE TRAIL PKWY 1 ANKENY IA 500237073 4302444 0 X WWW.IOWAFFAFOUNDATION.ORG X 1986 IA TO CULTIVATE PARTNERSHIPS SUPPORTING AGRICULTURAL EDUCATION & PROVIDE FINANCIAL SUPPORT(SCH O)TO ASSIST AGRICULTURAL EDUCATION ORGANIZATIONS IN ACCOMPLISHING THEIR MISSIONS. 13 13 8 103 246676 0 1315748 2805560 0 0 39006 43598 217987 418278 1572741 3267436 355671 402966 0 0 266172 295761 0 0 146817 459424 471576 1081267 1170303 491474 2097133 12403855 14221721 5926178 5575978 6477677 8645743 THE IOWA FFA FOUNDATION CULTIVATES PARTNERSHIPS SUPPORTING AGRICULTURAL EDUCATION AND ALSO SEEKS AND PROVIDES FINANCIAL SUPPORT TO ASSIST AGRICULTURAL EDUCATION ORGANIZATIONS IN ACCOMPLISIHING THEIR MISSIONS. 0 0 778585 402966 15588 THE FOUNDATION SUPPORTS THE DEVELOPMENT OF QUALITY AGRICULTURAL EDUCATION PROGRAMS FOR HIGH SCHOOL STUDENTS, FFA MEMBERS, FFA CHAPTERS, AND OTHERS THROUGH PROFICIENCY AWARDS, CAREER DEVELOPMENT EVENTS, EXHIBITOR AWARDS, SCHOLARSHIP PROGRAMS, INCENTIVE AWARDS, AGRICULTURAL EDUCATION INSTRUCTIONAL MATERIALS, SEMINARS, CONFERENCES, WORKSHOPS, AND OTHER ACTIVITIES. 778585 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 31 0 1 8 1 1 1 0 0 0 0 1 1 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X X JOSHUA REMINGTON 5159657370 1055 SW PRAIRIE TRAIL PARKWAY ANKENY IA 50023 JASON BERKLAND PRESIDENT 1.00 X X 0 0 0 JOSH EARLL PAST PRESIDENT 1.00 X X 0 0 0 MAGGIE STITH PRESIDENT-ELECT 1.00 X X 0 0 0 RON ZELLE SECRETARY 1.00 X X 0 0 0 JIM GARDNER TREASURER 1.00 X X 0 0 0 KEITH SOLTWEDEL DIRECTOR 1.00 X 0 0 0 KELSEY BAILEY DIRECTOR 1.00 X 0 0 0 TAMMY NIEMANN DIRECTOR 1.00 X 0 0 0 JAMIE CHRISTIANSEN DIRECTOR 1.00 X 0 0 0 DWAYNE FAIDLEY DIRECTOR 1.00 X 0 0 0 JULIANNE JOHNSTON DIRECTOR 1.00 X 0 0 0 ERIC WEUVE DIRECTOR 1.00 X 0 0 0 TIM KAPUCIAN DIRECTOR 1.00 X 0 0 0 JOSH REMINGTON EXECUTIVE DIRECTOR 40.00 X 83340 0 8452 83340 0 8452 0 0 0 0 0 78923 2726637 53641 2805560 66351 66351 664959 140105 576746 60609 88213 79496 167709 167709 309846 332599 -22753 -22753 -22753 118508 78923 30223 88285 88285 50419 34831 15588 15588 CATERING FEES 541610 78967 78967 OTHER INCOME 900099 67729 67729 146696 3267436 15588 246676 199612 302266 302266 100700 100700 100142 20028 45064 35050 154193 11934 78566 63693 5022 289 2878 1855 19578 3108 7894 8576 16826 2137 7650 7039 20698 20698 13225 13225 38544 20233 18311 450 450 1467 258 1189 20 6668 519 6149 22309 10020 6136 6153 9415 8143 275 997 66203 66203 198127 195404 2723 24715 15151 9564 GENERAL MATERIALS 30973 30606 187 180 PRINTING & COPYING 13386 5261 7078 1047 SPONSOR/DONOR RECOGNITI 12140 4459 6940 741 POSTAGE 3311 373 2583 355 9945 1726 5869 2350 1170303 778585 244901 146817 597135 658500 570023 1998483 105204 119695 48492 41453 14284261 5059472 9529368 9224789 1553633 2178801 12403855 14221721 138437 134304 15775 23535 2775000 2300000 2996966 3118139 5926178 5575978 X 5588333 6182568 889344 2463175 6477677 8645743 12403855 14221721 2097133 70933 0 X 0 1 X 1 0 X 864093 659921 1477066 1315748 2751919 7068747 864093 659921 1477066 1315748 2751919 7068747 3093342 3975405 35673 25250 25386 46299 66351 198959 103855 181048 284903 3917 15990 17150 18450 67729 123236 7675845 208069 0.51790 0.76510 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2018 AMOUNT: $ 3,917. 2019 AMOUNT: $ 15,990. 2020 AMOUNT: $ 17,150. 2021 AMOUNT: $ 18,450. 2022 AMOUNT: $ 67,729. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1585533 503862 101306 11900 2178801 1363122 369204 -144193 2600 1585533 663954 531804 169469 2105 1363122 672577 10200 -16823 2000 663954 619547 11600 46430 5000 672577 0.84836 0.15165 1 0 13864548 4747396 9117152 419713 312076 107637 9224789 ACCRUED INTEREST 3118139 3118139 3992722 70933 667578 738511 3254211 13225 13225 3267436 1824656 667578 667578 1157078 13225 13225 1170303 PART V, LINE 4: BOARD-DESIGNATED FUNDS ARE AVAILABLE FOR BUILDING MAINTENANCE, OPERATIONS, AND SCHOLARSHIPS. INCOME FROM PERMANENTLY RESTRICTED FUNDS MUST BE USED FOR SCHOLARSHIPS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL AND PERSONAL PROPERTY EXPENSE NETTED 637,355. FUNDRAISING EXPENSE NETTED 30,223. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVEST FEES MOVED TO EXPENSES 13,225. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL AND PERSONAL PROPERTY EXPENSE NETTED 637,355. FUNDRAISING EXPENSE NETTED 30,223. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVEST FEES MOVED TO EXPENSES 13,225. GOLF TOURN. 47632 385 47247 599 5312 3325 2868 GALA 149799 78538 71261 250 701 11590 1330 4248 197431 78923 118508 849 701 16902 4655 7116 30223 88285 1 IOWA FFA ASSOCIATION 1055 SW PRAIRIE TRAIL PKWY ANKENY IA 50021 426075751 501(C)(3) 251872 0 PROGRAM ASSISTANCE IOWA PROFESSIONAL AG STUDENTS DMACC 25-239 ANKENY IA 50023 272198982 501(C)(3) 19050 0 PROGRAM ASSISTANCE IA ASSOC OF AGRICULTURAL EDUCATORS 1055 SW PRAIRIE TRAIL PKWY ANKENY IA 50021 900809221 501(C)(3) 22294 0 PROGRAM SUPPORT IOWA FFA ALUMNI ASSOCIATION 1055 SW PRAIRIE TRAIL PKWY ANKENY IA 50023 901027853 501(C)(3) 9050 0 PROGRAM SUPPORT 4 SCHOLARSHIPS 39 51200 NEW AG TEACHERS AWARD 61 43000 GOLDEN OWL AWARD 7 6500 PART I, LINE 2: FUNDS ARE PROVIDED TO THE IOWA FFA ASSOCIATION, IOWA AGRICULTURAL TEACHERS ACROSS IOWA, AND IOWA POSTSECONDARY AGRICULTURAL STUDENT ASSOCIATION FOR SPONSORSHIPS OF STUDENT AWARDS AND SCHOLARSHIPS BASED ON INDEPENDENTLY-JUDGED COMPETITIONS FOCUSING ON SPECIFIC AG-RELATED CAREER SKILLS. JUDGES ARE TYPICALLY INDEPENDENT ALUMNI OR INDEPENDENT REPRESENTATIVES OF BUSINESS AND INDUSTRY GROUPS. THE FFA FOUNDATION MONITORS THE USE OF THESE AWARDS BY VERIFYING THAT THE SELECTED RECIPIENTS RECEIVE THE AWARDS. SCHOLARSHIPS AND AWARDS ARE PRESENTED FOR A WIDE VARIETY OF AG-RELATED EXPERIENCES, CAREER GOALS, AND HIGHER EDUCATION PLANS. SCHOLARSHIP AND AWARD APPLICATIONS ARE REVIEWED BY AN INDEPENDENT COMMITTEE AND SELECTIONS ARE MADE BASED ON PREDETERMINED CRITERIA. X AUCTION ITEMS 158 53641 DONOR FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT AND THE FINANCE COMMITTEE ARE PROVIDED A DRAFT COPY OF THE COMPLETE RETURN BEFORE FILING. AFTER A DETAILED REVIEW, THE FULL BOARD RECEIVES A COPY OF THE COMPLETED RETURN FOR FINAL APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS WOULD ARTICULATE POTENTIAL CONFLICTS TO FULL BOARD. BOARD OF DIRECTORS MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15A BOARD OF DIRECTORS (ALL OF WHOM ARE INDEPENDENT) IS RESPONSIBLE FOR COMPENSATION-RELATED MATTERS. BOARD APPROVES COMPENSATION OF EXECUTIVE DIRECTOR AND OTHER EMPLOYEES (ORGANIZATION HAS SEVEN FULL-TIME EMPLOYEES) AND CONTEMPORANEOUSLY SUBSTANTIATES DELIBERATION AND DECISION. ALTHOUGH FORMAL COMPARABILITY DATA IS NOT OBTAINED FOR COMPARISON TO COMPENSATION OF EXECUTIVE DIRECTOR OF THE FFA FOUNDATION, BOARD IS FAMILIAR WITH OTHER SIMILAR-SIZED AG-RELATED NONPROFIT EDUCATION ENTITIES AND BELIEVES EXECUTIVE DIRECTOR COMPENSATION IS REASONABLE. OTHER THAN EXECUTIVE DIRECTOR, THERE ARE NO OTHER TOP MANAGEMENT, COMPENSATED OFFICERS OR OTHER KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 DISCLOSURE OF GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS IS PROVIDED UPON REQUEST.