Skip to content

Iowa · Nonprofit

FAIR UNDERWRITERS INC

FAIR UNDERWRITERS INC (Iowa) receives grants from 3 organizations whose IRS filings report $75,550 to it, the largest being Coussens Family Foundation ($40,550). 1 of them have funded it in more than one year.

Revenue FY2025
$355k
Funders on record
3
Grants received
$76k
Net assets
$185
1/3 repeat funderspeak grant-dependency 13%
01What it does

What Fair Underwriters Inc does

Mission

Fair underwriters, inc's mission is to raise funds for capital improvements at the mississippi valley fair.

As stated on its FY2025 Form 990.

Program

  1. The organization provides donations to promote and underwrite the annual fair for scott county, iowa.

    $354,870 spentof which $352,017 as grants$354,870 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $354,870.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($226k) Expenses 100 ($226k) Net assets 100 ($150)2018 Revenue 100 ($226k) Expenses 100 ($226k) Net assets 89 ($134)2019 Revenue 87 ($196k) Expenses 87 ($196k) Net assets 89 ($134)2020 Revenue 99 ($222k) Expenses 99 ($222k) Net assets 79 ($119)2021 Revenue 127 ($287k) Expenses 127 ($287k) Net assets 69 ($103)2022 Revenue 150 ($339k) Expenses 150 ($339k) Net assets 69 ($103)2023 Revenue 162 ($365k) Expenses 162 ($365k) Net assets 123 ($185)2024 Revenue 151 ($340k) Expenses 151 ($340k) Net assets 123 ($185)2025 Revenue 157 ($355k) Expenses 157 ($355k) Net assets 123 ($185)
'17'18'19'20'21'22'23'24'25
Revenue (157)Expenses (157)Net assets (123)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $119 to $28k (+23739%).

$18k
$21k
$16k
$119
$28k
$32k
$27k
$26k
$27k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

4% of FAIR UNDERWRITERS INC’s revenue is contributions — about as donation-reliant as the typical peer (18% for the typical peer).

This organization
Typical peer · 16,168 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.

−$4
’17
−$15
’18
$0
’19
−$15
’20
−$16
’21
$0
’22
$82
’23
$0
’24
$0
’25
0.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24'25
Listed444444344
Joined·+0+0+0+0+0+1+1+0
No longer listed·00000200
03Who funds it

Who funds it, year by year

2019 → 2023: the base held at 1 funder, grant income fell $25k → $9k.

Funder
'19
'20
'21
'22
'23
'24*
total
funders
1
2
1
1
1
1

From the IRS filings of FAIR UNDERWRITERS INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

FAIR UNDERWRITERS INC leans on a few funders — its largest provides 54% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

33% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FAIR UNDERWRITERS INC.

54%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2019 100% · 2020 71% · 2021 100% · 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

87% of FAIR UNDERWRITERS INC's grant income comes from Iowa funders.

MN
IA

In-state vs out-of-state, by year

’19
’20
’21
’22
’23
Iowa out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

FAIR UNDERWRITERS INC's revenue grew 57% between 2017 and 2025.

Operating margin0% · below the median
Months of reserve0.0mo · bottom quartile
Revenue growth (annualized)6% · below the median

this organization peer median middle 50% of peers· 10,453 recreation & sports nonprofits $100k–$1M, FY2025

Organizations like FAIR UNDERWRITERS INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Iowa

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

4
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Footprint & structure

Part of a family of 1 related entity

  • Mississippi Valley Fair Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for FAIR UNDERWRITERS INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FAIR UNDERWRITERS INC?
FAIR UNDERWRITERS INC (Iowa) receives grants from 3 organizations whose IRS filings report $75,550 to it, the largest being Coussens Family Foundation ($40,550). 1 of them have funded it in more than one year.
How many funders does FAIR UNDERWRITERS INC have?
IRS filings report 3 organizations giving $75,550 in grants to FAIR UNDERWRITERS INC, 1 of which have funded it in more than one year.
Who is the largest funder of FAIR UNDERWRITERS INC?
Coussens Family Foundation is the largest funder on record, with $40,550 in grants. The full list of funders is on this page.
How can an organization like FAIR UNDERWRITERS INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Iowa. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing