FUSION HOMESCHOOLING INC

EIN: 922019816 501(c)(3) Education

MURFREESBORO, TN

Total Revenue
$265,773
Total Expenses
$280,178
Total Assets
$103,193
Net Assets
$50,652
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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
TN
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

TO ASSIST HOMESCHOOLING FAMILIES REACH THEIR EDUCATIONAL GOALS BY PROVIDING CLASSES THAT DEVELOP SKILLS, CONFIDENCE, CREATIVITY, AND DETERMINATION TO GO OUT AND CHANGE THE WORLD.

Program Service Accomplishments

Program 1
Expenses: $275,311 Revenue: $265,773

PROVIDE PRE-K TO 12TH GRADE A LA CARTE HOMESCHOOLING CLASSES.

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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%)

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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

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Governance

Voting Members
3
Independent Members
1
Employees
N/A
Volunteers
60

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
3
$48,135
Total Directors
3
$48,135
Key Employees
0
$0
Highest Compensated
0
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
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