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Fuse Innovation Fund

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

EIN: 870800705 ✦ Seattle, WA ✦ Designated as a 501(c)(3)

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Overview

What is Fuse Innovation Fund?

The Fuse Innovation Fund is a nonprofit organization based in Seattle, Washington. Their primary mission is to foster collaboration among individuals and organizations, encouraging them to engage in their communities through innovative programs, public relations, and communications training. Specifically, they aim to create engaging educational initiatives addressing critical issues in Washington State. By doing so, they strive to empower activists and contribute to community development.


Official website here: www.fuseinnovation.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 81% (Three-Star out of Four Stars)

The Fuse Innovation Fund has received an 81% rating, indicating competent management of its resources and finances. The rating is based entirely on its accountability and finance metrics, showcasing a strong commitment to transparency and responsible governance. With a perfect score in several areas, including independent board members and absence of asset diversion, the organization demonstrates a solid foundation for its operations.

Key strengths include a fully independent board, effective conflict of interest and whistleblower policies, and transparent documentation practices. The organization's program expense ratio of 86.14% suggests a focus on delivering its mission rather than administrative costs, which is a positive indicator for potential donors and stakeholders.

However, while the overall financial health appears robust, the single-beacon scoring system limits the rating's scope, as it does not account for other potential areas of organizational effectiveness. Prospective supporters may want to consider reaching out for further information about the Fund's impact and programs beyond the financial metrics provided.


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

Is Fuse Innovation Fund legitimate?

Fuse Innovation Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fuse Innovation Fund 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: $61,157
Professional Fundraising Fees: $0
Other Salaries and Wages: $695,674

For more financial information, click here


Official website here: www.fuseinnovation.org

What is the mission statement of Fuse Innovation Fund?

The Fuse Innovation Fund is dedicated to creating innovative educational and engagement programs for activists in Washington State. Their primary mission is to educate and engage activists about critical issues, utilizing outreach, communications training, and community involvement. They aim to recruit various individuals and organizations to participate in these programs, fostering a more informed and active citizenry. Through their efforts, they hope to empower activists and drive positive change in their communities.


Official website here: www.fuseinnovation.org

Who is the CEO of Fuse Innovation Fund?

Aaron Ostrom is the Executive Director of Fuse Innovation Fund.


Official website here: www.fuseinnovation.org

What is the revenue of Fuse Innovation Fund?

Fuse Innovation Fund's revenue in 2022 was $1,125,930.


Official website here: www.fuseinnovation.org

Who are the executives of Fuse Innovation Fund and what are their salaries?

There 60 volunteers at Fuse Innovation Fund.


Here are 14 key members and their salaries:


Aaron Ostrom (Executive Director)
  • Compensation: $0
  • Related: $69,165
  • Other: $65,067
Daniel Weise (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lyle Quasim (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Nielsen (Secretary / Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexis Mercedes Rinck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ahmed Gaya (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Robinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Hansen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yazmin Medhi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharlett Mena (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suone Cotner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ruth Lipscomb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Barksdale (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fuseinnovation.org

Where can I find the form 990 for Fuse Innovation Fund?

Fuse Innovation Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fuseinnovation.org

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

Mission Statement of Fuse Innovation Fund

The Fuse Innovation Fund, a dynamic organization, is dedicated to the mission of creating innovative programs that educate and engage activists about critical issues in the state of Washington. By fostering collaboration between people and organizations, they strive to inspire communities to take action and make a difference. Through a combination of outreach, communications, and training initiatives, they aim to empower activists to effectively advocate for change and raise awareness about crucial issues.

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Impact




June, 2024

Fuse Innovation Fund has made a significant impact by developing creative programs that effectively educate and engage activists about critical issues in Washington State. Through their outreach and communications efforts, they have successfully recruited people and organizations to come together and engage in their communities through innovative programs, earned media, and communications trainings. This has not only raised awareness about important issues but has also mobilized individuals to take action and make a difference. Their work in Seattle, WA, aligns with their mission to develop programs that empower activists and drive positive change in the state, particularly in the environmental sector.




This information is meant to be a general summary of Fuse Innovation Fund. 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
$1,125,930 (2022)
Expenses
$2,801,178 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $98
  • Program Service Revenue: $1,490
  • Gross Receipts: $1,125,930

Assets and Liabilities:

  • Total Assets: $313,989
  • Total Liabilities: $280,611
  • Net Assets: $33,378

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Programs

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

Program Revenue

Revenue

$1,490

Organization Details

Founding Year

2007

Principal Officer

Aaron Ostrom

Main Address

PO Box 4897, Seattle, WA, 98194

NTEE Category

Code: C20 - Environment

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