Fusion-Friends United To Shelter The Indigent Oppressed And Needy
- Assets
- $10.0m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 35
- Location
- Federal Way, WA
- Founding
- 11/2004
- Data as of
- 12/2021
- EIN
- 01-0814641
Organization Overview
Fusion-Friends United To Shelter The Indigent Oppressed And Needy, operating under the name Fusion, is located in Federal Way, WA. The organization was established in 2004. According to its NTEE Classification (P85) the organization is classified as: Homeless Centers, under the broad grouping of Human Services and related organizations. As of 12/2021, Fusion employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fusion is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Fusion generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.9% each year . All expenses for the organization totaled $1.6m during the year ending 12/2021. While expenses have increased by 21.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HOUSING AND SUPPORT SERVICES TO FAMILIES EXPERIENCING HOMELESSNESS IN OUR COMMUNITY SO THAT THEY WILL HAVE A SECURE ENVIRONMENT AS THEY WORK TOWARDS SELF-SUFFICIENCY.
Describe the Organization's Program Activity:
TRANSITIONAL HOUSING ACQUISITION, MAINTENANCE, AND SUPPORT OF 20 HOUSING UNITS PAIRED WITH SERVICES TO ASSIST FAMILIES EXPERIENCING HOMELESSNESS IN BECOMING SELF-SUFFICIENT.
OPERATION OF A 29-UNIT EMERGENCY SHELTER TO FAMILIES EXPERIENCING HOMELESSNESS AND TO ASSIST THEM IN FINDING PERMANENT HOUSING AND SELF-SUFFICIENCY.
THE OPERATION OF AN UPSCALE RESALE BOUTIQUE TO RAISE ADDITIONAL REVENUE TO SUPPORT FUSION'S TRANSITIONAL HOUSING PROGRAM. THE BOUTIQUE IS FULLY STAFFED BY VOLUNTEERS, SELLS DONATED ITEMS, AND CREATES VISUAL AWARENESS IN SUPPORT OF THE ORGANIZATION'S MISSION.
OPERATION OF A CAFE IN SPACE OWNED BY THE ENTITY. THE CAFE OPERATED FROM JUNE 2021 THROUGH SEPTEMBER 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robin O'grady Executive Director To 11/21 | Officer | 40 | $91,134 |
David Harrison Executive Director From 11/21 | Officer | 40 | $28,651 |
Julie Siegler Vice Chair | OfficerTrustee | 10 | $0 |
Bob Wroblewski Chair | OfficerTrustee | 25 | $0 |
Cindy Piennett Treasurer | OfficerTrustee | 20 | $0 |
Kathy Gendron Secretary | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $150,145 |
| Related organizations | $0 |
| Government grants | $717,628 |
| All other contributions, gifts, grants, and similar amounts not included above | $802,359 |
| Noncash contributions included in lines 1a–1f | $431,364 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,670,132 |
| Total Program Service Revenue | $31,921 |
| Investment income | $7,486 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $51,296 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $30,086 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,790,921 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $119,784 |
| Compensation of current officers, directors, key employees. | $17,914 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $393,541 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $50,768 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,960 |
| Fees for services: Accounting | $54,695 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,575 |
| Advertising and promotion | $12,055 |
| Office expenses | $0 |
| Information technology | $4,147 |
| Royalties | $0 |
| Occupancy | $217,238 |
| Travel | $8,615 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,372 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $236,387 |
| Insurance | $39,006 |
| All other expenses | $174,737 |
| Total functional expenses | $1,616,511 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,036 |
| Savings and temporary cash investments | $1,365,860 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $274,981 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $146,319 |
| Prepaid expenses and deferred charges | $17,986 |
| Net Land, buildings, and equipment | $7,899,176 |
| Investments—publicly traded securities | $243,417 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,970,775 |
| Accounts payable and accrued expenses | $78,603 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $5,306,391 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,384,994 |
| Net assets without donor restrictions | $4,433,961 |
| Net assets with donor restrictions | $151,820 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $9,970,775 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Fusion-Friends United To Shelter The Indigent Oppressed And Needy has recieved totaling $103,500.
| Awarding Organization | Amount |
|---|---|
Knights Of Columbus Seattle, WA PURPOSE: GENERAL SUPPORT | $100,000 |
Umpqua Bank Charitable Foundation Portland, OR PURPOSE: FUSION TRANSITIONAL HOUSING SERVING FAMILIES FACING FOOD INSECURITY | $3,500 |
Endowment Analysis
| Beg. Balance | $155,614 |
| Earnings | $31,435 |
| Admin Expense | $1,193 |
| Net Contributions | $56,911 |
| Ending Balance | $242,767 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Marys Place Seattle Seattle, WA | $63,713,105 | $33,158,940 |
Everett Gospel Mission Everett, WA | $5,858,080 | $7,694,263 |
The Sophia Way Bellevue, WA | $3,499,952 | $4,350,779 |
Astegos Inc Boise, ID | $571,721 | $3,088,383 |
Charitable Assistance To Communitys Homeless Boise, ID | $1,695,336 | $3,159,939 |
New Horizons Ministries Seattle, WA | $4,620,624 | $4,054,828 |
Lake City Partners Ending Homelessness Seattle, WA | $586,453 | $2,145,347 |
Bread Of Life Mission Seattle, WA | $3,239,496 | $2,488,618 |
Anchorage Coalition To End Homelessness Anchorage, AK | $1,404,215 | $2,107,140 |
Fusion-Friends United To Shelter The Indigent Oppressed And Needy Federal Way, WA | $9,970,775 | $1,790,921 |
Unity Shelter Corvallis, OR | $1,887,052 | $2,192,658 |
Family Promise Of Tualatin Valley Tualatin, OR | $936,046 | $1,540,344 |