FUSION ACADEMY SCHOLARSHIP FOUNDATION

EIN: 364776680 501(c)(3) Recreation & Sports

GRAND RAPIDS, MI

Total Revenue
$234,161
Total Expenses
$117,953
Total Assets
$665,697
Net Assets
$665,697
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
MI
Principal Officer
DAVID MARTIN
Phone
6163011221
Tax Period
2025-01-01 to 2025-12-31

FUSION ACADEMY SCHOLARSHIP FOUNDATION, founded in 2015, is a small nonprofit in the Recreation & Sports sector that reported $234K in total revenue in fiscal year 2025. Revenue surged 58% from the prior year, signaling strong growth momentum. The organization ran a surplus of $116K, a strong 50% operating margin.

Mission

FUSION ACADEMY SCHOLARSHIP FOUNDATION SEEKS TO PROVIDE A LIFE-CHANGING EXPERIENCE TO STUDENTS WHO DESPERATELY NEED THE BENEFITS OF PERSONALIZED EDUCATION BUT LACK THE RESOURCES TO PAY FOR IT.

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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 (2025)

Revenue Breakdown

Contributions & Grants $234,161
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $234,161

Expense Breakdown

Grants Paid $100,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $107,749
Other Expenses $17,953
TOTAL EXPENSES $117,953

Year-over-Year Comparison

2025 2024 Change
Revenue $234,161 $147,835 +0.6%
Expenses $117,953 $354,315 -0.7%
Net Income $116,208 $-206,480 -1.6%
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
6
Independent Members
5
Employees
N/A
Volunteers
6

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
3
$107,154
Total Directors
8
$107,154
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAN FIELDER PRESIDENT 40.00
Officer Director
$0 $0 $107,154
ROBIN STORFER BOARD MEMBER 10.00
Director
$0 $0 $0
SUSAN MORDECAI BOARD MEMBER 10.00
Director
$0 $0 $0
SHEA JAMES BOARD MEMBER 10.00
Director
$0 $0 $0
VENESSA KAYRELL SECRETARY 10.00
Officer Director
$0 $0 $0
SUSAN SAXE TREASURER 10.00
Officer Director
$0 $0 $0
JENNIFER PAVAN BOARD MEMBER - PART YEAR 10.00
Director
$0 $0 $0
RANDY EISENMAN BOARD MEMBER - PART YEAR 10.00
Director
$0 $0 $0
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
2025 $234,161 $117,953 $665,697 $116,208
2024 No data No data No data No data
2023 $290,861 $381,601 $753,374 $-90,740
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