FUSION HOMESCHOOLING INC (EIN 922019816) - 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

2022

Legal Domicile

Principal Officer

KIMBERLY OLSON

Phone

6153485733

Tax Period

2023-01-01 to 2023-12-31

FUSION HOMESCHOOLING INC, founded in 2022, is a small nonprofit in the Education sector that reported $266K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

FUSION HOMESCHOOLING STRIVES TO ASSIST HOMESCHOOLING FAMILIES REACH THEIR EDUCATIONAL GOALS BY PROVIDING CLASSES THAT DEVELOP SKILLS,CONFIDENCE, CREATIVITY, AND DETERMINATION TO GO OUT AND CHANGE THE WORK. FUSION HOMESCHOOLING PROVIDES REAL-WORLD EXPERIENCES AND DOESHANDS-ON ACTIVITIES THAT BETTER FIT THE CURRENT ENTREPRENEURIAL DRIVEN WORLD.

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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 $0

Program Service Revenue $261,511

Investment Income $0

Other Revenue $4,262

TOTAL REVENUE $265,773

Expense Breakdown

Grants Paid $3,100

Salaries & Benefits $48,135

Fundraising Expenses $0

Program Expenses $275,311

Other Expenses $228,943

TOTAL EXPENSES $280,178

Year-over-Year Comparison

	2023	2022	Change
Revenue	$265,773	$238,441	+0.1%
Expenses	$280,178	$173,384	+0.6%
Net Income	$-14,405	$65,057	-1.2%

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

N/A

Volunteers

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

$48,135

Total Directors

$48,135

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIMBERLY OLSON	PRESIDENT	40.00	Officer Director	$10,585	$0	$10,585
CHRISTA BROWN	VICE PRESIDENT	40.00	Officer Director	$24,562	$0	$24,562
AMY FOGT	SECRETARY	40.00	Officer Director	$12,988	$0	$12,988

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	$265,773	$280,178	$103,193	$-14,405
2022	$238,441	$173,384	$117,598	$65,057

FUSION HOMESCHOOLING INC