Washington, DC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FUSION INDUSTRY ASSOCIATION, founded in 2021, is a community nonprofit in the Environment sector that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 55% from the prior year, signaling strong growth momentum. Expenses of $996K left a modest 8% surplus.
The Fusion Industry Association is the unified voice of the growing fusion industry. Fusion energy, when commercialized, will revolutionize the global energy system by providing a clean, safe, sustainable form of always-on energy. The FIA's members and affiliate members have the common business interest of accelerating the date of commercial fusion energy, and - once commercialized - increasing its use in the U.S. and global marketplace. The FIA seeks to accelerate this date of commercialization through direct engagement with governments and the public to educate and advocate for fusion. All activities of the organization work to support these goals.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,084,089 | $699,760 | +0.5% |
| Expenses | $996,175 | $656,985 | +0.5% |
| Net Income | $87,914 | $42,775 | +1.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Andrew Holland | Chief Executive Officer | 40 |
Officer
|
$215,000 | $3,370 | $218,370 |
| Christofer Mowry | Director | 1 |
Director
|
$0 | $0 | $0 |
| David Edelman | Director | 1 |
Director
|
$0 | $0 | $0 |
| Robert Mumgaard | Director | 1 |
Director
|
$0 | $0 | $0 |
| Ryan Umstattd | Director | 1 |
Director
|
$0 | $0 | $0 |
| Sachin Desai | Director | 1 |
Director
|
$0 | $0 | $0 |
| Greg Twinney | Director | 1 |
Director
|
$0 | $0 | $0 |
| Jennifer Ganten | Treasurer | 1 |
Officer
|
$0 | $0 | $0 |
| Jeffrey Merrifield | Secretary | 1 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,084,089 | $996,175 | $246,515 | $87,914 |
| 2022 | $699,760 | $656,985 | $174,601 | $42,775 |
| 2021 | $461,415 | $357,073 | $104,342 | $104,342 |
Compare FUSION INDUSTRY ASSOCIATION with other nonprofits in District of Columbia and across the country.