Fusion Films Inc

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2013

Legal Domicile

Principal Officer

Eric Preston

Phone

3366010679

Tax Period

2024-01-01 to 2024-12-31

Fusion Films Inc, founded in 2013, is a small nonprofit in the Arts, Culture & Humanities sector that reported $579K in total revenue in fiscal year 2024. Revenue fell 34% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $214K, a strong 37% operating margin.

Mission

To educate the public on subjects useful to individuals and beneficial to communities and to other organizations conducting charitable activites by producing educational multi-media livestreams, video and film projects.

Program Service Accomplishments

Program 1

Expenses: $144,913 Revenue: $579,104

Education Video Production - produce low-cost, aordable educational videos on publicawareness topics for non-prot organizations. In any case, where a non- prot client wantshard copies of the video...

Education Video Production - produce low-cost, aordable educational videos on publicawareness topics for non-prot organizations. In any case, where a non- prot client wantshard copies of the video produced for them, those hard copies will be sold, such as DVDs. Forthe most part, clients just want videos that are uploaded to the internet and no hard copies aresold.The topics for the video production could be anything from a church video to a school video tothe Red Cross to poverty elimination initiatives. Clients such as The Crash Prevention Networkof North Carolina, an organization focused on driver responsibility that is currently having avideo produced to give away to parents encouraging them talk to their teenager about being aresponsible driver. Any non-prot organization wanting to promote an event (such as Arts,Cultures and Humanities), or striving to educate (such as Environment & Animals, Health,Human Services), or fundraise (such as Religious organizations, Education and Research, etc.).

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $579,104

Investment Income $0

Other Revenue $0

TOTAL REVENUE $579,104

Expense Breakdown

Grants Paid $0

Salaries & Benefits $180,949

Fundraising Expenses $0

Program Expenses $144,913

Other Expenses $184,168

TOTAL EXPENSES $365,117

Year-over-Year Comparison

	2024	2023	Change
Revenue	$579,104	$879,464	-0.3%
Expenses	$365,117	$218,790	+0.7%
Net Income	$213,987	$660,674	-0.7%

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

Governance

Voting Members

Independent Members

Employees

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

$115,813

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Collin Fowler	Vice President	0.00	Director	$0	$0	$0
Mark Stalker	Director	0.00	Director	$0	$0	$0
Charles E Preston	President	40.00	Officer	$61,304	$0	$61,304
Andrea Preston	Treasurer/Secretary	40.00	Officer	$54,509	$0	$54,509

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	No data	No data	No data	No data
2024	$579,104	$365,117	$353,921	$213,987