2025-11-13T14:58:35-06:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 2689 COMMERCE DRIVE NW SUITE 201 ROCHESTER MN 55901 990 2024-01-01 416038263 MINNESOTA FFA FOUNDATION INC MINN 5075340188 PO BOX 365 PLAINVIEW MN 55964 VAL AARSVOLD EXECUTIVE DIRECTOR 5075340188 2025-11-13 1 1 KATHERINE LUTZKE CPA P01760889 5072802300 2025-11-13 2024 2025-03-06 01:10:19Z VAL AARSVOLD PO BOX 365 PLAINVIEW MN 55964 3375218 0 X WWW.MNFFAFOUNDATION.ORG X 1953 MN TO PROVIDE FINANCIAL SUPPORT TO FFA (FORMERLY FUTURE FARMERS OF AMERICA) PROGRAMS AND STUDENTS IN MINNESOTA. 20 20 2 35 0 0 685579 780598 0 0 9342 261201 -2331 -1115 692590 1040684 222640 116837 0 0 184279 209624 0 0 46230 352794 425509 759713 751970 -67123 288714 3830402 4414265 9503 23097 3820899 4391168 X TO PROVIDE FINANCIAL SUPPORT TO FUTURE FARMERS OF AMERICA (FFA) PROGRAMS AND STUDENTS IN MINNESOTA. 0 0 180385 0 0 STATE CONVENTION:SUPPORT OF STATE CONVENTION PREPARATION, EVENT AND EVENT FOLLOW-UP. SUPPORT OF THE KEYSTONE EVENT FOR MINNESOTA FFA AS DIRECTED TOWARDS FACILITY CHARGES, STUDENT AWARDS, TECHNOLOGY, CAREER DEVELOPMENT EVENT MATERIALS, SPEAKERS AND CAREER FAIR EXPENSES. 5800 STUDENTS ATTENDED THE STATE CONVENTION IN 2024. 166285 0 0 YOUTH LEADERSHIP:SUPPORT TO GROW LEADERSHIP. USUALLY CONDUCTED AT THE CHAPTER, REGIONAL OR STATE LEVEL. NEARLY $30,000 IS PROVIDED ANNUALLY TO SUPPORT THE MINNESOTA STATE FFA LEADERSHIP CAMPS AND CONFERENCES, INCLUDING STATE GREENHAND LEADERSHIP CAMP, STATE LEADERSHIP CAMP FOR CHAPTER LEADERS AND AG POLICY EXPERIENCE, BLAST OFF, NLCSO, POWER, FFA DAY AT THE CAPITAL AND ROLO. 116837 116837 0 SCHOLARSHIPS:STUDENTS ARE ENTRUSTED TO USE THESE FUNDS TO ADVANCE THEIR PROJECT OR EDUCATION. VARYING AMOUNTS IN SCHOLARSHIP FUNDS ARE PROVIDED TO UNIVERSITY STUDENTS MAJORING IN AGRICULTURAL EDUCATION. SUPPORT IS PROVIDED TO STUDENTS PARTICIPATING IN THE WASHINGTON LEADERSHIP CONFERENCE AS WELL AS STUDENTS STUDYING INTERNATIONAL AGRICULTURE. ALSO THOUSANDS OF DOLLARS ARE PROVIDED ANNUALLY TO PROVIDE NEW FFA MEMBERS WITH OFFICIAL FFA JACKETS. 466 STUDENTS RECEIVED JACKETS IN 2024 84418 0 0 TEACHER PREPARATION:SUPPORT GIVEN TO ASSIST IN THE DEVELOPMENT OF NEW TEACHERS OR EXPERIENCED TEACHERS. UNDER THE DIRECTION AND COORDINATION OF THE MINNESOTA ASSOCIATION OF AGRICULTURAL EDUCATORS, TEACHERS ARE PROVIDED OPPORTUNITIES TO ATTEND WORKSHOPS AND LEARN FROM OTHERS IN THE PROFESSION. THIS SUPPORT OF TEACHERS TAKES PLACE AT THEIR AGTECH AND SUMMER CONFERENCES. 84418 0 0 547925 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 28 0 1 2 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 MN X VAL AARSVOLD 5072593586 445 BROADWAY PLAINVIEW MN 55910 JENNY DOERING CHAIR 2.00 X X 0 0 0 STACI MARTIN CHAIR ELECT 2.00 X X 0 0 0 PAT DINGELS PAST CHAIR 2.00 X X 0 0 0 JULIE TESCH PAST CHAIR 2.00 X X 0 0 0 PETER GRUNDMAN TREASURER 2.00 X X 0 0 0 PATRICE BAILEY SECRETARY 2.00 X X 0 0 0 ERIN LARSON SECRETARY 2.00 X X 0 0 0 GARY SLOAN EXEC. SPONSOR BOARD 2.00 X X 0 0 0 CHRISTA WILLIAMSON DIRECTOR 2.00 X 0 0 0 NICK MILBRANDT DIRECTOR 2.00 X 0 0 0 LAUREN STOEL DIRECTOR 2.00 X 0 0 0 LARA DURBEN DIRECTOR 2.00 X 0 0 0 JOE SERBUS DIRECTOR 2.00 X 0 0 0 JASMINE STRINGER DIRECTOR 2.00 X 0 0 0 GARY WERTISH DIRECTOR 2.00 X 0 0 0 GAIL DONKERS DIRECTOR 2.00 X 0 0 0 NATHAN PURRINGTON DIRECTOR 2.00 X 0 0 0 LISA FISCHER DIRECTOR 2.00 X 0 0 0 MARK JIRIK DIRECTOR 2.00 X 0 0 0 BRUCE MATHIOWETZ DIRECTOR 2.00 X 0 0 0 LINDSEY BROCKBERG DIRECTOR 2.00 X 0 0 0 PAULA MOHR DIRECTOR 2.00 X 0 0 0 VALERIE VELDE DIRECTOR 2.00 X 0 0 0 MAT VAUPEL DIRECTOR 2.00 X 0 0 0 TRUDY WASTWEET DIRECTOR 2.00 X 0 0 0 TJ BROWN DIRECTOR 2.00 X 0 0 0 ANDREW CANNON DIRECTOR 2.00 X 0 0 0 SUE SCHATZ DIRECTOR 2.00 X 0 0 0 VAL AARSVOLD EXECUTIVE DIRECTOR 40.00 X 93771 0 0 93771 0 0 0 0 0 0 0 15751 764847 210 780598 113088 113088 2473489 2325376 148113 148113 148113 8043 15751 9158 -1115 -1115 1040684 0 0 260086 5235 5235 111602 111602 93771 65640 9377 18754 103143 72200 10314 20629 12710 8897 1271 2542 46889 46889 37504 37504 2680 2680 8726 8726 12209 12209 3324 3324 14350 8610 1435 4305 4740 4740 STATE CONVENTION 104989 104989 YOUTH LEADERSHIP 96783 96783 TEACHER PREPARATION 49134 49134 OTHER EXPENSES 44181 24835 19346 751970 547925 157815 46230 1500 181475 429042 502653 63000 41556 4257 4257 3496 2556 3313789 3661191 312 312 15006 20265 3830402 4414265 9503 23097 9503 23097 X 811047 1419982 3009852 2971186 3820899 4391168 3830402 4414265 288714 281555 0 X 0 1 X 1 0 X 1130404 2127577 675620 685579 780598 5399778 1130404 2127577 675620 685579 780598 5399778 5399778 9566 73967 -172801 105170 113088 128990 48991 48286 57028 154305 5683073 0.95020 0.96290 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3023579 70605 423302 56724 3460762 2933384 28398 133733 71936 3023579 0.99988 0.00009 0.00003 0 0 0 X 1284735 281555 281555 1003180 37504 37504 1040684 714466 0 714466 37504 37504 751970 PART V, LINE 4: PROGRAM ACTIVITIES AND AWARDS PART X, LINE 2: MINNESOTA FFA FOUNDATION IS ORGANIZATION AS A MINNESOTA NONPROFIT CORPORATION AND HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS EXEMPT FROM FEDERAL INCOME TAXES UNDER IRC SECTION 501(C)(3). THE FOUNDATION HAS EVALUATED ITS TAX POSITIONS AND DETERMINED IT HAS NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2024 AND 2023. GOLF TOURNAMENT 23794 15751 8043 210 6603 1440 905 23794 15751 8043 210 6603 1440 905 9158 -1115 1 SCHOLARSHIPS-DISCUSSION MEETS 4 3000 SCHOLARSHIPS - SAE AWARDS 6 1100 SCHOLARSHIPS - STARS OVER MN 32 4000 SUPPORT - STATE FAIR PROGRAMS 3 225 STIPENDS - STATE OFFICERS 6 4800 SCHOLARSHIPS - JAMES TRACY 25 50000 PAS OFFICER SCHOLARSHIP 1 1500 BLUE JACKET SCHOLARSHIPS 466 41477 WASHINGTON LEADERSHIP CONFERENCE SCHOLARSHIPS 10 5500 PART I, LINE 2: CHAPTER GRANTS HAVE TO COMPLETE A FOLLOW-UP REPORT REGARDING USE OF GRANT FUNDS. AGRICULTURAL EDUCATION INSTRUCTORS ASSIST IN THE PURCHASE OF THE JACKETS USING THE GIFT CERTIFICATES GIVEN OUT. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE IS MADE UP OF THE OFFICERS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE PROVIDED TO THE BOARD FOR REVIEW AND DISCUSSION AFTER IT'S COMPLETION AND SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C IF A POTENTIAL CONFLICT EXISTS, DISCLOSURE IS REQUIRED TO BE MADE TO THE EXECUTIVE DIRECTOR (OR IF THE EXECUTIVE DIRECTOR IS THE ONE WITH THE CONFLICT, THEN TO THE BOARD CHAIR), WHO SHALL BRING THE MATTER TO THE ATTENTION OF THE BOARD OR A DULY CONSTITUTED COMMITTEE THEREOF. THE BOARD OR DULY CONSTITUTED COMMITTEE THEREOF SHALL DETERMINE WHETHER A CONFLICT EXISTS AND IN THE CASE OF AN EXISTING CONFLICT, WHETHER THE CONTEMPLATED TRANSACTION MAY BE AUTHORIZED. IF A CONFLICT OF INTEREST OCCURS, THE REPORTING PARTY CANNOT PARTICIPATE IN THE DISCUSSION THAT DETERMINES THE MATERIAL SIGNIFICANCE OF THE CONFLICT AND CANNOT PARTICIPATE IN THE VOTE AROUND THAT DISCUSSION. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE OVERSEES COMPENSATION OF THE EXECUTIVE DIRECTOR AND PROVIDES GUIDELINES FOR OTHER STAFF COMPENSATION WHICH IS OVERSEEN BY EXECUTIVE DIRECTOR. COMPENSATION INFORMATION IS GATHERED FROM OTHER STATE FFA FOUNDATIONS AND OTHER MINNESOTA BASED NON-PROFITS SERVING THE EDUCATION/AGRICULTURAL AREAS FOR COMPARABILITY PURPOSES. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.