FAIR FOUNDATION INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

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.

Program Service Accomplishments

Program 1

Expenses: $260,509 Revenue: $0

employee salaries wages fees bonuses severance payments and similar amounts paid or provided from the filing organization common paymasters and payroll reporting agents in return for services...

employee salaries wages fees bonuses severance payments and similar amounts paid or provided from the filing organization common paymasters and payroll reporting agents in return for services rendered to the filing organization.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

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

$164,579

Total Directors

Key Employees

$191,379

Highest Compensated

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