FUSION-FRIENDS UNITED TO SHELTER

EIN: 010814641 501(c)(3) Human Services

FEDERAL WAY, WA

Total Revenue
$2,696,258
Total Expenses
$3,082,927
Total Assets
$10,534,998
Net Assets
$4,357,144
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1993
Legal Domicile
WA
Principal Officer
DAVID HARRISON
Phone
2538741257
Tax Period
2024-01-01 to 2024-12-31

FUSION-FRIENDS UNITED TO SHELTER, founded in 1993, is a community nonprofit in the Human Services sector that reported $2.7M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $3.1M exceeded revenue, resulting in a 14% operating deficit.

Mission

TO PROVIDE HOUSING AND SUPPORT SERVICES TO FAMILIES EXPERIENCING HOMELESSNESS IN OUR COMMUNITY SO THEY WILL HAVE A SAFE, SECURE ENVIRONMENT AS THEY WORK TOWARDS SELF-SUFFICIENCY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,241,317
Program Service Revenue $54,863
Investment Income $-72,703
Other Revenue $472,781
TOTAL REVENUE $2,696,258

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,631,549
Fundraising Expenses $153,817
Program Expenses $2,604,320
Other Expenses $1,451,378
TOTAL EXPENSES $3,082,927

Year-over-Year Comparison

2024 2023 Change
Revenue $2,696,258 $2,944,553 -0.1%
Expenses $3,082,927 $2,576,228 +0.2%
Net Income $-386,669 $368,325 -2.0%
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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Governance

Voting Members
13
Independent Members
13
Employees
47
Volunteers
140

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
6
$133,042
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SANDY HUGGINS CHAIR 6.00
Officer Director
$0 $0 $0
JULIE SIEGLER PAST CHAIR 3.00
Officer Director
$0 $0 $0
CHRISTINA MILLER VICE CHAIR 4.00
Officer Director
$0 $0 $0
KIM CASEY SECRETARY 3.00
Officer Director
$0 $0 $0
CHRSTINE KRUG TREASURER 3.00
Officer Director
$0 $0 $0
PAT CHESEBRO HOUSING COORDINATOR 8.00
Director
$0 $0 $0
KATHY WARD COMMUNICATION 8.00
Director
$0 $0 $0
PEGGY LAPORTE FOUNDER 2.00
Director
$0 $0 $0
CARL BUEHRING FOUNDER 2.00
Director
$0 $0 $0
PHIL WAMBA FOUNDER 2.00
Director
$0 $0 $0
KATHERINE FESTA MEMBER-AT-LARGE 2.00
Director
$0 $0 $0
MARTIN MOORE MEMBER-AT-LARGE 2.00
Director
$0 $0 $0
VICKI HARGUTH MEMBER-AT-LARGE 2.00
Director
$0 $0 $0
DAVID HARRISON EXECUTIVE DIRECTOR 40.00
Officer
$133,042 $0 $133,042
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
2024 $2,696,258 $3,082,927 $10,534,998 $-386,669
2023 $2,944,553 $2,576,228 $10,852,880 $368,325
2022 $1,701,064 $1,940,100 $9,657,315 $-239,036
2021 $1,790,921 $1,616,511 $9,970,775 $174,410
2020 $2,948,595 $1,066,038 $9,797,380 $1,882,557
2019 $753,216 $493,823 $7,512,544 $259,393
2018 $1,141,524 $446,409 $3,665,923 $695,115
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