FUZEHUB INC (EIN 463122950) - Form 990 Financial Analysis & Trantor Score

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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

2014

Legal Domicile

Principal Officer

ELENA GARUC

Phone

5187687030

Tax Period

2023-01-01 to 2023-12-31

FUZEHUB INC, founded in 2014, is a community nonprofit in the Community Improvement sector that reported $4.5M in total revenue in fiscal year 2023. Revenue surged 47% from the prior year, signaling strong growth momentum. Expenses of $4.0M left a modest 11% surplus.

Mission

FUZEHUB WORKS TO BETTER CONNECT NEW YORK'S SMALL AND MID-SIZED MANUFACTURING COMPANIES TO THE RESOURCES, PROGRAMS AND EXPERTISE THEY NEED FOR TECHNOLOGY COMMERCIALIZATION, INNOVATIVE SOLUTIONS AND BUSINESS GROWTH.

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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 (2023)

Revenue Breakdown

Contributions & Grants $4,018,867

Program Service Revenue $450,901

Investment Income $31,081

Other Revenue $0

TOTAL REVENUE $4,500,849

Expense Breakdown

Grants Paid $1,740,506

Salaries & Benefits $843,007

Fundraising Expenses $0

Program Expenses $3,537,831

Other Expenses $1,416,060

TOTAL EXPENSES $3,999,573

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,500,849	$3,064,438	+0.5%
Expenses	$3,999,573	$3,210,986	+0.2%
Net Income	$501,276	$-146,548	-4.4%

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

$177,827

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RYAN SILVA	BOARD MEMBER	1.00	Director	$0	$0	$0
FATIN HADDAD	BOARD MEMBER	1.00	Director	$0	$0	$0
KEVIN O'LEARY	TREASUER	1.00	Director	$0	$0	$0
LLOYD PLOOF	BOARD MEMBER	1.00	Director	$0	$0	$0
SANTOKH BADESHA	BOARD MEMBER	1.00	Director	$0	$0	$0
ELENA GARUC	EXECUTIVE DIRECTOR	40.00	Officer	$158,796	$19,031	$177,827

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	No data	No data	No data	No data
2023	$4,500,849	$3,999,573	$3,958,719	$501,276
2022	$3,064,438	$3,210,986	$3,262,411	$-146,548
2021	$3,104,203	$3,009,038	$3,328,048	$95,165
2020	$4,675,142	$3,834,569	$3,444,589	$840,573
2019	$3,283,357	$2,961,336	$2,439,904	$322,021
2018	$2,418,563	$2,101,509	$2,123,282	$317,054

FUZEHUB INC