FUSION PARTNERSHIP INC (EIN 522148413) - 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

1998

Legal Domicile

Principal Officer

LAURIE BEZOLD

Phone

4434180394

Tax Period

2024-01-01 to 2024-12-31

FUSION PARTNERSHIP INC, founded in 1998, is a mid-sized nonprofit in the Community Improvement sector that reported $11.5M in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $13.0M exceeded revenue, resulting in a 13% operating deficit.

Mission

COMMUNITY EDUCATION, PARTICIPATORY GRANTMAKING, ACTIVISM AND INCUBATION SERVICES.

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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 $10,299,628

Program Service Revenue $1,240,706

Investment Income $0

Other Revenue $0

TOTAL REVENUE $11,540,334

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,336,126

Fundraising Expenses $0

Program Expenses $11,122,755

Other Expenses $6,674,959

TOTAL EXPENSES $13,011,085

Year-over-Year Comparison

	2024	2023	Change
Revenue	$11,540,334	$14,855,354	-0.2%
Expenses	$13,011,085	$15,990,356	-0.2%
Net Income	$-1,470,751	$-1,135,002	+0.3%

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

326

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LADON LOVE JAMES	PARTNER EXECUTIVE DIRECTOR	040.00	Highest	$152,163	$0	$152,163
DANIEL ATZMON	BOARD MEMBER	005.00	Director	$0	$0	$0
LITSA WILLIAMS	BOARD MEMBER	005.00	Director	$0	$0	$0
SHERROD WOOD	BOARD MEMBER	005.00	Director	$0	$0	$0
LAURIE BEZOLD	CO-CHAIR	005.00	Officer	$0	$0	$0
FERNANDO WAGNER	TREASURER	005.00	Officer	$0	$0	$0
ANTOIN QUARLES-EL	CO-CHAIR	005.00	Officer	$0	$0	$0
YANKS SENGHORE	SECRETARY	005.00	Officer	$0	$0	$0
EDWARD KANGETHE	VICE-CHAIR	005.00	Officer	$0	$0	$0
SARAH MCCANN	DIRECTOR OF PARTNERSHIPS	040.00	Key Emp	$0	$0	$0
ALLISON DUGGAN	DIRECTOR OF COMMUNITY GRANTS	040.00	Key Emp	$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
2024	$11,540,334	$13,011,085	$5,760,980	$-1,470,751
2023	$14,855,354	$15,990,356	$7,291,364	$-1,135,002
2022	$16,824,556	$16,562,736	$9,021,091	$261,820
2021	$14,516,518	$13,173,843	$8,179,199	$1,342,675
2021	$13,293,755	$12,147,278	$7,877,940	$1,146,477
2020	$16,079,107	$10,994,447	$7,468,833	$5,084,660
2020	$15,656,249	$10,940,418	$7,305,227	$4,715,831
2019	$8,018,354	$8,974,159	$1,866,466	$-955,805
2019	$8,557,563	$7,999,096	$3,484,345	$558,467
2018	$6,548,001	$5,469,993	$2,842,820	$1,078,008

FUSION PARTNERSHIP INC