FAIR FOUNDATION INC

EIN: 474123164 501(c)(3)

FT LAUDERDALE, FL

Total Revenue
$320,638
Total Expenses
$463,113
Total Assets
$26,075
Net Assets
$-296,423
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
FL
Tax Period
2021-01-01 to 2021-12-31

FAIR FOUNDATION INC, founded in 2015, is a small nonprofit that reported $321K in total revenue in fiscal year 2021. Expenses of $463K exceeded revenue, resulting in a 44% operating deficit.

Mission

The FAIR Foundation is a 501c3 nonprofit organization conceived to create more resilient communities by educating consumers promoting wind and flood mitigation and reducing uninsured risk.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $127,896
Program Service Revenue $0
Investment Income $0
Other Revenue $192,742
TOTAL REVENUE $320,638

Expense Breakdown

Grants Paid $0
Salaries & Benefits $289,342
Fundraising Expenses $46,369
Program Expenses $260,509
Other Expenses $173,771
TOTAL EXPENSES $463,113

Year-over-Year Comparison

2021 2020 Change
Revenue $320,638 N/A N/A
Expenses $463,113 N/A N/A
Net Income $-142,475 $0 N/A
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
4
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$164,579
Total Directors
0
$0
Key Employees
4
$191,379
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Paul Handerhan President 25.00
Officer Key Emp
$82,321 $0 $82,321
Jay Neal CEO 25.00
Officer Key Emp
$82,258 $0 $82,258
Beth Brown Communications 25.00
Key Emp
$13,400 $0 $13,400
Matthew Schnur Project Manager 25.00
Key Emp
$13,400 $0 $13,400
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2021 $320,638 $463,113 $26,075 $-142,475
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