Fusion Partnerships Inc
- Assets
- $7.5m
- Revenue
- $16.1m
- Investments
- $0.0
- Employees
- 185
- Location
- Baltimore, MD
- Founding
- 06/2000
- Data as of
- 12/2020
- EIN
- 52-2148413
Organization Overview
Fusion Partnerships Inc is located in Baltimore, MD. The organization was established in 2000. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2020, Fusion Partnerships Inc employed 185 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fusion Partnerships 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 12/2020, Fusion Partnerships Inc generated $16.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 24.3% each year . All expenses for the organization totaled $11.0m during the year ending 12/2020. While expenses have increased by 18.0% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
COMMUNITY EDUCATION, ACTIVISM AND INCUBATION SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FACILITATING COLLABORATIVE AND COMMUNITY BUILDING WORKSHOPS. PROVIDE FISCAL SPONSORSHIP AND INCUBATION SUPPORT SERVICES FOR APPROXIMATELY 95 GRASSROOTS COMMUNITY ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Bleich Executive Director | OfficerTrustee | 40 | $74,539 |
Ako Changa Onyango Board Chair | Trustee | 20 | $69,188 |
Litsa Williams Board Member | Trustee | 5 | $6,011 |
Damien Hausling Board Member | Trustee | 3 | $421 |
Dr Fernando A Wagner Board Treasurer | Trustee | 3 | $0 |
Denise Gantt Board Member | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $24,739 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,015,898 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,040,637 |
| Total Program Service Revenue | $3,036,124 |
| Investment income | $2,346 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,079,107 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,008,762 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $276,025 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,214,221 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $324,470 |
| Travel | $33,168 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $309,605 |
| All other expenses | $1,183,283 |
| Total functional expenses | $10,994,447 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,990,972 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,141,736 |
| 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 | $0 |
| Net Land, buildings, and equipment | $67,650 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $268,475 |
| Total assets | $7,468,833 |
| Accounts payable and accrued expenses | $1,061,628 |
| 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 | $0 |
| Total liabilities | $1,061,628 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $6,407,205 |
| 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 | $7,468,833 |
Grants Recieved
Over the last fiscal year, we have identified 90 grants that Fusion Partnerships Inc has recieved totaling $7,219,319.
| Awarding Organization | Amount |
|---|---|
Baltimore Children And Youth Fund Inc Baltimore, MD PURPOSE: CAPACITY BUILDING FOR FISCAL SPONSORSHIP | $1,500,000 |
Alliance For Open Society International Inc New York, NY PURPOSE: TO SUPPORT BALTIMORE HARM REDUCTION COALITION, A PROGRAM OF FUSION PARTNERSHIPS, TO PROVIDE HARM REDUCTION PROGRAMMING, ADVOCATE FOR HARM REDUCTION POLICIES, AND REDUCE STIGMA RELATING TO DRUG USE | $926,000 |
Novo Foundation Kingston, NY PURPOSE: PROJECT SUPPORT: BRIOXY | $500,000 |
Foundation To Promote Open Society New York, NY PURPOSE: TO PROVIDE SUPPORT FOR THE YOUTH RESILIENCY INSTITUTE'S MOUNTAIN MOVERS PROJECT | $300,000 |
United States Energy Foundation San Francisco, CA PURPOSE: TO SUPPORT EDUCATION AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE. TO PROMOTE EDUCATION AND ANALYSIS ON THE BENEFITS OF CLEAN TRANSPORTATION. | $250,000 |
Impactassets Inc Bethesda, MD PURPOSE: GENERAL SUPPORT | $200,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kennedy Krieger Education And Community Services Inc Baltimore, MD | $14,340,565 | $48,121,720 |
Mosaic Community Services Inc Timonium, MD | $34,184,592 | $47,201,258 |
Reinvestment Fund Inc Philadelphia, PA | $609,259,384 | $44,624,452 |
Community Of Hope Inc Washington, DC | $67,233,523 | $40,561,982 |
Blueprints Washington, PA | $9,542,152 | $23,150,876 |
Hampton Roads Community Action Program Inc Newport News, VA | $4,977,691 | $24,100,051 |
Usw District 10 Local 286 Welfare Trust Fund Philadelphia, PA | $8,668,111 | $17,307,586 |
Garrett County Maryland Community Action Committee Inc Oakland, MD | $23,823,939 | $14,024,119 |
Strong City Baltimore Baltimore, MD | $3,607,626 | $14,803,870 |
Visit Baltimore Inc Baltimore, MD | $13,591,522 | $23,022,151 |
Liberty Lutheran Housing Development Corporation State College, PA | $52,974,358 | $15,701,429 |
Mountainheart Community Servces Inc Oceana, WV | $5,735,709 | $13,660,570 |