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Nonprofit · EIN 61-1126081

KENTUCKY FUTURE FARMERS OF AMERICA FOUNDATION INC

Tax-exempt · FLEMINGSBURG, KY 41041

Financials

$1.9M$1.2M2023$1.7M$1.3M2024$13.3M$1.7M2025
Revenue Expenses · by fiscal year end
Financials of KENTUCKY FUTURE FARMERS OF AMERICA FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$13,275,403$1,703,618$11,571,785$19,856,931$3,295$19,853,636
December 31, 2024990$1,660,447$1,300,084$360,363$7,744,977$7,049$7,737,928
December 31, 2023990$1,904,274$1,212,255$692,019$7,044,242$2,787$7,041,455
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$12,110,029
Program service revenue
$331,814
Investment income
$518,861
Net gain from sales of assets
$208,834
Net income from fundraising events
$302,613
Other revenue
$314,699

Expenses

Grants and similar amounts paid
$425,643
Salaries, compensation and benefits (total)
$265,484
Professional fundraising fees
$0
Accounting fees
$36,258
Occupancy
$12,201
Travel
$33,145
Depreciation
$500
Program services (functional)
$1,503,127
Management and general (functional)
$200,491

Balance sheet and other

Total assets, start of year
$7,744,977
Total assets, end of year
$19,856,931
Total liabilities, end of year
$3,295
Net assets, end of year
$19,853,636
Land, buildings and equipment
$55,000
Net assets without donor restrictions
$9,001,745
Net assets with donor restrictions
$10,851,891
Gross receipts
$14,768,871
Employees
5
Volunteers
0
Year formed
1930
State of legal domicile
KY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
SHELDON MCKINNEYSECRETARY
Officer
40$94,780
KYLE KELLYTRUSTEE
Trustee or director
0.5$0
JAMES BALLINGERALUMNI REPRESENTATIVE
Trustee or director
0.5$0
DANIEL BUSTLEKAAE REPRESENTATIVE
Trustee or director
0.5$0
MATT CHATLIFFTREASURER
Trustee or director, Officer
0.5$0
TERRY ASHBYDIRECTOR
Trustee or director
0.5$0
SHARON FURCHESTRUSTEE
Trustee or director
0.5$0
KIRBY GREENPRESIDENT
Trustee or director
0.5$0
NICK CARTERDIRECTOR
Trustee or director
0.5$0
LUANN COFFEYTRUSTEE
Trustee or director
0.5$0
DWIGHT SEARSTRUSTEE
Trustee or director
0.5$0
KRISTAN WRIGHTKY FFA ADVISOR
Trustee or director
0.5$0
ANTHONY KOCHTRUSTEE
Trustee or director
0.5$0
BILLY RAY SMITHTRUSTEE
Trustee or director
0.5$0
PETERSON CAROLINE MEEHANTRUSTEE
Trustee or director
0.5$0
7 more people on this return
NameTitleHours / weekCompensation
JONATHAN SHELLTRUSTEE
Trustee or director
0.5$0
MIKE RICHEYTRUSTEE
Trustee or director
0.5$0
SARAH BUTLERTRUSTEE
Trustee or director
0.5$0
SHELBY ROBERTSTRUSTEE
Trustee or director
0.5$0
JONATHAN WESTTRUSTEE
Trustee or director
0.5$0
AIDEN MANLEYTRUSTEE
Trustee or director
0.5$0
CAROLINE MEEHANDIRECTOR
Trustee or director
0.5$0
990 for the year ended December 31, 2024: 20 people
NameTitleHours / weekCompensation
SHELDON MCKINNEYEXECUTIVE DIRECTOR
Officer
40$88,953
KYLE KELLYTRUSTEE
Trustee or director
0.5$0
JAMES BALLINGERALUMNI REPRESENTATIVE
Trustee or director
0.5$0
DANIEL BUSTLETRUSTEE
Trustee or director
0.5$0
MATT CHATLIFFSECRETARY
Trustee or director, Officer
0.5$0
TERRY ASHBYTRUSTEE
Trustee or director, Officer
0.5$0
DR MIKE MCDERMOTTTRUSTEE
Trustee or director
0.5$0
SHARON FURCHESTRUSTEE
Trustee or director
0.5$0
KIRBY GREENTRUSTEE
Trustee or director
0.5$0
NICK CARTERTRUSTEE
Trustee or director
0.5$0
LUANN COFFEYTRUSTEE
Trustee or director
0.5$0
DWIGHT SEARSTRUSTEE
Trustee or director
0.5$0
KRISTAN WRIGHTTRUSTEE
Trustee or director
0.5$0
ANTHONY KOCHTRUSTEE
Trustee or director
0.5$0
BILLY RAY SMITHTRUSTEE
Trustee or director
0.5$0
MARY BETH SHACKELFORDTRUSTEE
Trustee or director
0.5$0
JOHNNY MARTINTRUSTEE
Trustee or director
0.5$0
PETERSON CAROLINE MEEHANTRUSTEE
Trustee or director
0.5$0
JONATHAN SHELLTRUSTEE
Trustee or director
0.5$0
JONATHAN WESTTRUSTEE
Trustee or director
0.5$0
990 for the year ended December 31, 2023: 20 people
NameTitleHours / weekCompensation
KYLE KELLYTRUSTEE
Trustee or director
0.5$0
JAMES BALLINGERALUMNI REPRESENTATIVE
Trustee or director
0.5$0
JR SHINKLETRUSTEE
Trustee or director
0.5$0
MATT CHATLIFFSECRETARY
Trustee or director, Officer
0.5$0
TERRY ASHBYTRUSTEE
Trustee or director, Officer
0.5$0
DR MIKE MCDERMOTTTRUSTEE
Trustee or director
0.5$0
SHARON FURCHESTRUSTEE
Trustee or director
0.5$0
KIRBY GREENTRUSTEE
Trustee or director
0.5$0
NICK CARTERTRUSTEE
Trustee or director
0.5$0
ASHLEY MACYTRUSTEE
Trustee or director
0.5$0
QUINT POTTINGERTRUSTEE
Trustee or director
0.5$0
CLINT QUARLESTRUSTEE
Trustee or director
0.5$0
ANTHONY KOCHTRUSTEE
Trustee or director
0.5$0
BILLY RAY SMITHTRUSTEE
Trustee or director
0.5$0
MARY BETH SHACKELFORDTRUSTEE
Trustee or director
0.5$0
JOHNNY MARTINTRUSTEE
Trustee or director
0$0
PETERSON CAROLINE MEEHANTRUSTEE
Trustee or director
0$0
JONATHAN SHELLTRUSTEE
Trustee or director
0$0
JONATHA WESTTRUSTEE
Trustee or director
0$0
SHELDON MCKINNEYEXECUTIVE DIRECTOR
Officer
40$0

Address and contacts

Address (IRS master file)
PO BOX 8, FLEMINGSBURG, KY 41041-0008
Principal officer (990 for 2025)
SHELDON MCKINNEY, PO BOX 8, FLEMINGSBURG, KY 41041
Signed the 990
SHELDON MCKINNEY, EXECUTIVE DIRECTOR
Phone
(606) 782-4620
Return prepared by
CAMPBELL MYERS & RUTLEDGE PLLC

Mission

TO MAKE A POSITIVE DIFFERENCE IN THE LIVES OF STUDENTS BY DEVELOPING THIER POTENTIAL FOR PREMIER LEADERSHIP, PERSONAL GROWTH, AND CAREER SUCCESS THROUGH AGRICULTURAL EDUCATION.

990 for the year ended December 31, 2025

Program accomplishments

  • PROGRAM SERVICE ACTIVITIES CONSIST OF INCENTIVE AWARDS AND CONVENTION EXPENSES FOR FFA STUDENT MEMBERS
    Expenses $1,503,127 · grants $425,643 · revenue $552,734

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
61-1126081
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1990
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$19,856,931
Income (IRS master file)
$14,768,871

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$13,275,403$1,703,618$19,856,931XML
990December 2024$1,660,447$1,300,084$7,744,977IRS
990December 2023$1,904,274$1,212,255$7,044,242XML
990December 2022$1,581,838$1,091,612$6,579,949IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 61-1126081).

Questions about KENTUCKY FUTURE FARMERS OF AMERICA FOUNDATION INC

What is the EIN of KENTUCKY FUTURE FARMERS OF AMERICA FOUNDATION INC?
The employer identification number (EIN) of KENTUCKY FUTURE FARMERS OF AMERICA FOUNDATION INC is 61-1126081.
Is KENTUCKY FUTURE FARMERS OF AMERICA FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
Are donations to KENTUCKY FUTURE FARMERS OF AMERICA FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KENTUCKY FUTURE FARMERS OF AMERICA FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of KENTUCKY FUTURE FARMERS OF AMERICA FOUNDATION INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KENTUCKY FUTURE FARMERS OF AMERICA FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of KENTUCKY FUTURE FARMERS OF AMERICA FOUNDATION INC?
The 990 for the year ended December 31, 2025 names SHELDON MCKINNEY.
Who are the officers and directors of KENTUCKY FUTURE FARMERS OF AMERICA FOUNDATION INC?
The 990 for the year ended December 31, 2025 lists 22 people; 1 received compensation from the organization, the highest $94,780 (SHELDON MCKINNEY, SECRETARY).
How much revenue does KENTUCKY FUTURE FARMERS OF AMERICA FOUNDATION INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $13,275,403, expenses of $1,703,618 and total assets of $19,856,931 at year end.

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