2023-11-15T16:39:11+00:00 2022-12-31 350921680 CROWE LLP 9600 Brownsboro Road Suite 400 Louisville KY 402413902 990 2022-01-01 742520515 Texas Future Farmers of America Foundation Inc TEXA 5124808047 614 E 12th Street Austin TX 78701 Aaron Alejandro Executive Director 5124808047 2023-11-15 true Aaron Alejandro 999009999 true Rachel Spurlock P00520729 5023263996 2022 2023-04-26 12:10:37Z Aaron Alejandro 614 E 12th Street Austin TX 78701 2303816 false X www.texasffafoundation.org X 1987 TX STRENGTHEN AGRICULTURAL EDUCATION AND THE TEXAS FFA PROGRAM, SO EACH STUDENT CAN DEVELOP THEIR POTENTIAL FOR PERSONAL GROWTH, CAREER SUCCESS, AND LEADERSHIP IN A GLOBAL MARKETPLACE. 30 30 4 30 0 0 1261554 1264516 0 55913 591589 14415 21600 2800 1874743 1337644 309500 338000 0 0 268198 303343 0 0 120108 692073 884673 1269771 1526016 604972 -188372 16395028 13944900 908856 966894 15486172 12978006 Building on the proven success of Texas agriculture education and the Texas FFA program, our mission is distinguished by the continued development, funding, and implementation of cutting edge learning opportunities focusing on academic achievement, critical thinking, leadership and communication skills, technical and practical skills, teamwork, and a strong work ethic. false false 793233 0 58713 Youth & Education Projects - Supports projects promoting the association and agricultural education throughout the state including related conferences, conventions, and meetings. 338000 338000 0 Scholarships to top FFA Members. 1131233 true true false false false false false false true true false false false false true true false false false false false false false false false false false true false false false false false false false false false false false false false false true false false false true 3 0 true 4 true false false false false false false false false false false false false false false X 30 30 false false false false false false false true true false false true true true true false false true false false X Aaron Alejandro 5124808047 614 E 12th Street Austin TX 78701 Bruce Cobb Vice Chairman 2.0 X X 0 0 0 Mitchell Dale Chairman 2.0 X X 0 0 0 Ray Pieniazek Treasurer 2.0 X X 0 0 0 Rex Isom Secretary 2.0 X X 0 0 0 Bo Linnartz Director 2.0 X 0 0 0 Brad Snyder Director 2.0 X 0 0 0 Brian Bolton Director 2.0 X 0 0 0 Brooks Hagler Director 2.0 X 0 0 0 Chris Britton Director 2.0 X 0 0 0 Cleo Franklin Director 2.0 X 0 0 0 Dan Taylor Director 2.0 X 0 0 0 Della Serna Director 2.0 X 0 0 0 Dewey Hukill Director 2.0 X 0 0 0 Dusty Moore Director 2.0 X 0 0 0 Eddie Priefert Director 2.0 X 0 0 0 Gary VanDeaver Director 2.0 X 0 0 0 Jennifer Jackson Director 2.0 X 0 0 0 Joseph Monteleone Director 2.0 X 0 0 0 Justin Ransom Director 2.0 X 0 0 0 Keith Cline Director 2.0 X 0 0 0 Ken Johnson Director 2.0 X 0 0 0 Neely Nelson Director 2.0 X 0 0 0 Paul Jordan Director 2.0 X 0 0 0 Stan Ray Director 2.0 X 0 0 0 Terry Baize Director 2.0 X 0 0 0 Tom Ziglar Director 2.0 X 0 0 0 Tommy Neyland Director 2.0 X 0 0 0 Traylor Lenz Director 2.0 X 0 0 0 Victor Guerra Director 2.0 X 0 0 0 Wayne Goldberg Director 2.0 X 0 0 0 Aaron Alejandro Executive Director 40.0 X 121677 0 17490 121677 0 17490 1 false false false 0 1264516 1264516 Public Relations 541800 40413 40413 Scholarship Forfeiture 900099 15500 15500 0 0 0 0 55913 188902 188902 0 0 791685 966172 -174487 0 -174487 -174487 SCHOLARSHIP MAINTENENCE FEE 2800 2800 0 0 0 0 2800 1337644 58713 0 14415 338000 338000 139167 79293 26431 33443 124960 71199 23732 30029 2887 1645 548 694 16695 9512 3171 4012 19634 11187 3729 4718 22456 22456 77885 77885 0 0 0 0 88146 42001 42001 4144 78649 58987 19662 18318 8728 8728 862 170686 170686 2960 2220 740 Youth Education Projects 223857 223857 Board Expenses 74146 74146 Bad Debt Expense 59900 29950 29950 Campaign Fulfillment 38282 38282 29388 9822 15642 3924 1526016 1131233 274675 120108 20772 58247 1326963 1299335 258516 153059 0 0 36006 29936 7650 6070 14781127 12428189 0 0 0 0 16395028 13944900 50000 112144 808856 854750 50000 0 0 0 0 908856 966894 X 8749585 7091259 6736587 5886747 15486172 12978006 16395028 13944900 -188372 -2319794 0 X false true X true false X 1000656 1057736 1182472 1261554 1304929 5807347 0 0 1000656 1057736 1182472 1261554 1304929 5807347 714191 5093157 156297 213781 185439 184159 188902 928578 0 36850 33725 76725 19500 18300 185100 6921025 0 0.7359 0.8255 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - , COLUMN A - 36850.0, COLUMN B - 33725.0, COLUMN C - 76725.0, COLUMN D - 19500.0, COLUMN E - 18300.0, COLUMN F - 185100.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11188928 165433 -1680448 129226 56748 9487939 9642838 190992 1534030 138374 40558 11188928 8514216 95000 1126393 48873 43898 9642838 6959067 1601778 27762 18867 8514216 7232873 3000 -215170 25430 36206 6959067 0.44 0.56 0.0 false false 19650 13751 5899 16356 16185 171 6070 0 X -1060035 -2319794 0 -2319794 1259759 77885 0 77885 1337644 1448131 0 0 1448131 77885 0 77885 1526016 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE FOUNDATION HAS BEEN GRANTED EXEMPTION FROM FEDERAL INCOME TAXES BY THE UNITED STATES TREASURY DEPARTMENT UNDER SECTION 501(c)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170 AND HAS ALSO BEEN CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A). ACCOUNTING STANDARDS REQUIRE THAT THE FOUNDATION DISCLOSE THE AMOUNT OF POTENTIAL BENEFIT OR OBLIGATION TO BE REALIZED AS A RESULT OF AN EXAMINATION PERFORMED BY A TAXING AUTHORITY. FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021, MANAGEMENT HAS DETERMINED THAT THE FOUNDATION DOES NOT HAVE ANY TAX POSITIONS THAT RESULT IN ANY UNCERTAINTIES REGARDING THE POSSIBLE IMPACT ON THE FOUNDATION'S FINANCIAL STATEMENTS. THE FOUNDATION DOES NOT EXPECT THE TOTAL AMOUNT OF UNREALIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. true Scholarships 348 338000 0 N/A N/A Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. THE ORGANIZATION REQUIRES PROOF OF ENROLLMENT, GRADE REPORTS, AND OTHER DOCUMENTATION FROM SCHOLARSHIP RECIPIENTS BEFORE DISBURSEMENT OF FUNDS. FUNDS ARE DISBURSED DIRECTLY TO THE RECIPIENT'S CHOSEN COLLEGE OR UNIVERSITY. Form 990, Part VI, Line 1a Delegate broad authority to a committee The Executive Committee includes the Chairman of the Board of Directors, the Executive Director of the Texas FFA Association, the Executive Director of the Vocational Agriculture Teachers Association of Texas and other appropriate persons as the Board sees fit. The Executive Committee shall be responsible for the day-to-day operations of the Foundation. Unless otherwise restricted by the Board of Directors, the Executive Committee shall have the authority to raise and maintain the funds of the Foundation and to make daily decisions relating to the management of the Foundation. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS ELECTRONICALLY MAILED TO ALL BOARD MEMBERS BEFORE FILING. THE BOARD MEMBERS ARE ASKED TO COMMENT ON OR QUESTION THE RETURN. Form 990, Part VI, Line 12c Conflict of interest policy Officers, directors, and employees are required to disclose any interests that could give rise to conflicts of interest at the Board of Directors meetings. Form 990, Part VI, Line 15a Process to establish compensation of top management official The Executive Director's compensation is discussed in a meeting with the Executive Committee. The Chairman of the board makes the recommendation of the Executive Director's pay to the committee. Once the committee approves or agrees on compensation rates for the upcoming year, Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. Vocational Agriculture Teachers Association of Texas 614 E 12th St Austin TX 78701 741067760 Administer programs & activities for vocational agriculture teachers TX 501(c)(6) NA false Texas Association of Future Farmers of America 614 E 12th St Austin TX 78701 746104609 Develop student skills in leadership, growth, and career success TX 501(c)(3) 10 NA false false false false false false false false false false false true false false true false true true false false