Fusion Global Inc
- Assets
- $1.1m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 2
- Location
- North Hollywood, CA
- Founding
- 05/2016
- Data as of
- 12/2022
- EIN
- 47-5619402
Organization Overview
Fusion Global Inc is located in North Hollywood, CA. The organization was established in 2016. According to its NTEE Classification (Q99) the organization is classified as: International, Foreign Affairs & National Security N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2022, Fusion Global Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fusion Global Inc 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 12/2022, Fusion Global Inc generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.7% each year . All expenses for the organization totaled $1.4m during the year ending 12/2022. While expenses have increased by 17.3% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO SPARK CONNECTIONS BETWEEN THE OLD AND THE NEW THAT CAUSE JESUS (YESHUA) AND THE WORD TO COME ALIVE IN NEW WAYS THAT EQUIP PEOPLE TO LIVE THE FUSION WAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRANSFORMATION STARTS WITH US: THE FUSION MESSAGE IS PERSONAL. YOUR LIFE AND FAITH THRIVE WHEN YOU: -REDISCOVER YOUR ROOTS -RESTORE YOUR INHERITANCE -REVITALIZE YOUR RELATIONSHIPS RABBI JASON TAKES YOU THROUGH SCRIPTURES, PROPHECIES FULFILLED, AND THE SIGNIFICANCE OF HEBREW WORDS, NUMBERS, AND HOLIDAYS TO HELP YOU EXPERIENCE CLARITY OF IDENTITY AND PURPOSE. WE WANT EVERYONE, JEW AND GENTILE, TO EXPERIENCE THE TRANSFORMATIONAL JOURNEY WE CALL THE FUSION WAY. FROM A MESSAGE TO A MOVEMENT: THE FUSION MESSAGE IS A NEEDED GLOBAL MESSAGE. THE GLOBAL CALL IS FOR EVERYONE TO EXPERIENCE JOHN 17 UNITY. JESUS PRAYED THAT "JEWISH DISCIPLES- AND "GENTILE DISCIPLES" WOULD BE ONE AS HE AND THE FATHER ARE ONE. THAT'S WHAT FUSION IS ALL ABOUT. IT'S ONLY WHEN GENTILE AND JEW ALIKE COME TOGETHER AND UNITE IN THE MESSIAH, HIS SON, THAT GOD'S PLAN FOR ALL OF HUMANITY FALLS INTO PLACE. BECAUSE OF THE EXPOSURE IN 2017 WITH KATHY LEE GIFFORD'S BOOK, FUSION GLOBAL AND RABBI JASON HAD THE OPPORTUNITY TO TAKE THE FUSION MESSAGE TO THE MASSES. THE FUSION WAY-ONLINE CLASS PLATFORM: FUSION ONLINE CLASSES TEACH ABOUT THE BIBLE FROM A JEWISH ROOTS PERSPECTIVE WITH AN EMPHASIS ON THE LIFE OF JESUS, HOW THE OLD AND NEW TESTAMENTS CONNECT, THE IMPORTANCE OF UNITING GENTILE AND JEW, GOD'S PLAN FOR ISRAEL, AND HOW TO SHARE MESSIAH WITH JEWISH FRIENDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Sobel President | OfficerTrustee | 45 | $60,840 |
Wendy Hughes Vice Preside | OfficerTrustee | 2 | $0 |
Lesley Burbridge Secretary | OfficerTrustee | 2 | $0 |
Don Fitzgibbons Board Member | Trustee | 2 | $0 |
Helena Hwang Board Member | Trustee | 2 | $0 |
Kevin Malone Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,822,048 |
| Noncash contributions included in lines 1a–1f | $270,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,822,048 |
| Total Program Service Revenue | $120,408 |
| Investment income | $139 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $775 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $2,757 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $98,185 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,049,067 |
| 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. | $200,500 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $20,160 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $61,494 |
| Payroll taxes | $1,956 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $25,412 |
| Fees for services: Accounting | $3,525 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $646,257 |
| Advertising and promotion | $24,413 |
| Office expenses | $15,607 |
| Information technology | $38,729 |
| Royalties | $0 |
| Occupancy | $21,728 |
| Travel | $246,872 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,332 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,303 |
| Insurance | $3,990 |
| All other expenses | $11,639 |
| Total functional expenses | $1,396,100 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,115,758 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $26,390 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,774 |
| Net Land, buildings, and equipment | $105 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,149,027 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $130,000 |
| Total liabilities | $130,000 |
| Net assets without donor restrictions | $1,019,027 |
| Net assets with donor restrictions | $0 |
| 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 | $1,149,027 |