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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building Fair Franchising Initiative Inc.

Fair Franchising Initiative Inc.

Fiscal year ending 2024. Filed on August 13, 2025.

458 Elizabeth Ave Ste 5
Somerset, New Jersey 08873

Fair Franchising Initiative Inc. (EIN: 84-3568079) has filed an IRS Form 990 since fiscal year 2020. In its fiscal year 2024 IRS Form 990 filing, Fair Franchising Initiative Inc., a 501(c)(6) business league, reported compensation for 1 employee. Among the employees shown here, the average compensation is $0.

Revenue, expenses, and employee compensation

Revenue

$1,656

Expenses

$5,734

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Prakash Shah
President
$0

Benchmark Employee Compensation

Non-Employee Board Members

Alkesh Patel
Trustee
Anil Patel
Chair
Chandrakant Patel
Trustee
Hemant Patel
Trustee
Mahendra Patel
Trustee
Maulesh Patel
Vice Chair
Mike Patel
Trustee
Pragna Patel-Muller
Trustee
Raj Parikh
Trustee
Rajesh Patel
Secretary

Mission Statement

MAKE SMALL BUSINESSES AWARE OF THE POSSIBLE PITFALLS IN FRANCHISE AGREEMENTS AND EDUCATE THEM ON HOW TO NAVIGATE THEM.BY HIGHLIGHTING INHERENT PROBLEMS WITH CERTAIN PROVISIONS OF THE FRANCHISE AGREEMENTS THAT ARE NOT FAIR TO FRANCHISEES AND EDUCATING THE SMALL BUSINESS OWNERS HOW TO NAVIGATE THOSE AGREEMENTS TO MAKE THEM MORE TRANSPARENT AND FAIR.

Revisions to this organization profile

August 13, 2025:
2024 Fair Franchising Initiative Inc. 990 filed
July 30, 2024:
2023 Fair Franchising Initiative Inc. 990 filed
February 15, 2023:
2022 Fair Franchising Initiative Inc. 990 filed

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