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Fusion Partnership Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 522148413 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

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Overview

What is Fusion Partnership Inc?

Fusion Partnership Inc, located in Baltimore, Maryland, is a dynamic nonprofit organization with a vision for social justice and peace. With a team of 212 dedicated individuals, they engage in collaborative actions such as fiscal sponsorship, community education, participatory grantmaking, activism, and incubation services. Their mission is rooted in fostering equitable access to resources and opportunities for Baltimore's citizens, enabling them to thrive.


Official website here: www.fusiongroup.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 95% (Four-Star out of Four Stars) on Charity Navigator

Fusion Partnership Inc has earned an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization's score is based entirely on its accountability and finance metrics, indicating a high level of transparency and responsible management of resources. This rating signifies that Fusion Partnership Inc adheres to rigorous standards, which can foster trust among donors and stakeholders.

One of the notable strengths of Fusion Partnership Inc is its governance structure, with 71% of its board members being independent. Additionally, the organization has demonstrated excellent practices in financial oversight, with no material diversion of assets and a commendable program expense ratio of 80.83%. Its fundraising efficiency also stands out, with a minimal cost of $0.09 per dollar raised, indicating that the majority of funds are directed toward its mission rather than administrative expenses.

While the organization showcases robust financial health and governance practices, there are no apparent limitations mentioned. Overall, the high rating signifies that Fusion Partnership Inc is effectively utilizing its resources to achieve its nonprofit mission and maintain strong accountability to its donors and the communities it serves.


This AI summary has been generated from information found on Charity Navigator.

Is Fusion Partnership Inc legitimate?

Fusion Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fusion Partnership Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,705,696

For more financial information, click here


Official website here: www.fusiongroup.org

What is the mission statement of Fusion Partnership Inc?

Fusion Partnership Inc is dedicated to serving as a catalyst for social justice and peace through community education, participatory grantmaking, activism, and incubation services. By engaging in collaborative actions, the organization aims to ensure that all community members have equitable access to resources and opportunities to thrive. Through fiscal sponsorship, Fusion Partnership Inc fosters social change and empowers individuals to create positive impacts in their communities. Their commitment to social justice extends to the vision of a more equitable society for all.


Official website here: www.fusiongroup.org

Who is the CEO of Fusion Partnership Inc?

Ako Changa Onyango is the Board Chair of Fusion Partnership Inc.


Official website here: www.fusiongroup.org

What is the revenue of Fusion Partnership Inc?

Fusion Partnership Inc's revenue in 2021 was $14,516,518.


Official website here: www.fusiongroup.org

Who are the executives of Fusion Partnership Inc and what are their salaries?

The average compensation at Fusion Partnership Inc during 2021 was $22,481. There are 212 employees at Fusion Partnership Inc.


Here are 7 key members and their salaries:


Ako Changa Onyango (Board Chair)
  • Compensation: $40,598
  • Related: $0
  • Other: $0
Laurie Bezold (Board Secretary)
  • Compensation: $10,814
  • Related: $0
  • Other: $0
Dr Fernando A Wagner (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Damien Hausling (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Litsa Williams (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Atzmon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Foster (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fusiongroup.org

Where can I find the form 990 for Fusion Partnership Inc?

Fusion Partnership Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.fusiongroup.org

Learn more at the official website: www.fusiongroup.org

Mission Statement of Fusion Partnership Inc

Fusion Partnership Inc, a community-focused organization, is dedicated to promoting social justice and peace through various initiatives. With a mission centered on community education, participatory grantmaking, activism, and incubation services, Fusion Partnerships, Inc. serves as a catalyst for positive change.

In the heart of its mission, Fusion Partnerships, Inc. places significant emphasis on community education. The organization believes that a well-informed population is essential for creating sustainable and equitable communities. Through this commitment, the organization offers educational programs and resources to help individuals gain the knowledge and skills they need to become active participants in their communities and effect meaningful change.

Beyond education, Fusion Partnerships, Inc. also engages in participatory grantmaking. By involving community members in the grantmaking process, the organization ensures that resources are allocated to address the most pressing needs and challenges within local communities. By working collaboratively, Fusion Partnerships, Inc. empowers individuals and communities to take ownership of their development and create long-lasting solutions.

As an advocate for social justice, Fusion Partnerships, Inc. also fosters activism and encourages civic engagement. The organization believes that active involvement in community issues is crucial for creating a more equitable world. Through various campaigns and initiatives, Fusion Partnerships, Inc. inspires and supports individuals to take action and make their voices heard, ultimately leading to systemic change.

Furthermore, Fusion Partnerships, Inc. offers incubation services to help new and developing organizations grow and thrive. By providing mentorship, resources, and support, the organization nurtures the next generation of community leaders and social change agents. In doing so, Fusion Partnerships, Inc. continues to expand its impact and contribute to a more just and peaceful world.

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Impact




October, 2024

Fusion Partnership Inc plays a vital role in enhancing community education, engaging in participatory grantmaking, and fostering activism and incubation services in Baltimore. By catalyzing collaborative action, the organization ensures that all citizens have equitable access to the resources and opportunities necessary for thriving. Its commitment to social justice and peace significantly impacts the local community, empowering residents to actively participate in shaping their environment and advocating for their needs. Through its efforts, Fusion Partnership Inc not only addresses immediate community challenges but also lays the groundwork for sustainable improvements, ultimately contributing to a more equitable and resilient Baltimore.




This information is meant to be a general summary of Fusion Partnership Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$13,293,755 (2021)
Expenses
$12,147,278 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Program Service Revenue: $3,485,085
  • Gross Receipts: $14,516,518

Assets and Liabilities:

  • Total Assets: $7,877,940
  • Total Liabilities: $154,778
  • Net Assets: $7,723,162

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONTRACT FEES

Revenue

$1,668,225

INCUBATION FEES

Revenue

$972,731

PROGRAM FEES

Revenue

$295,952

PPP INCOME

Revenue

$548,177

Organization Details

Founding Year

1998

Principal Officer

Ako Changa Onyango

Main Address

1601 GUILFORD AVE 2 SOUTH, BALTIMORE, MD, 21202

NTEE Category

Code: S20 - Community improvement

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