Public Charity

FUSE PROJECT

Based in MOBILE, AL, FUSE PROJECT operates as a Public Charity. The organization reported $472K in revenue, $481K in expenses, $431K in total assets for fiscal year 2024. Imperigo tracks 3 reported grant relationships connected to this organization totaling approximately $61K.

EIN: 454765019 MOBILE, AL Fund Raising & Fund Distribution NTEE: P12 Latest filing: 2024
Total Revenue$472K
Total Expenses$481K
Total Assets$431K
Grant Records3
Funding Total$61K
Filing Years2019–2024

Mission

THE MISSION OF FUSE PROJECT IS TO PROVIDE THE SPARK FOR INNOVATION, FUNDING AND IMPLEMENTATION OF PROJECTS BENEFITING CHILDREN ALONG ALABAMA'S GULF COAST BY INVESTING IN INITIATIVES, WHICH PROMOTE THE HEALTH, FITNESS, EDUCATION AND SOCIAL RESPONSIBILITY OF OUR CHILDREN.

Where $100 goes at Fuse Project

How Fuse Project divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$75 Programs the work itself
$24 Management running the organization
$1 Fundraising raising the next dollar

Inside the $75 for programs

$35
The historic avenue foundation operates as a community quarterback to bring holistic community revitalization to "the avenue" community located in downtown Mobile by investing in mixed-income housing, cradle-to-college…
48% of program spending
$17
Fuse factory is a socially responsible co-working space operated by the Fuse Project located in downtown Mobile
22% of program spending
$15
Various initiatives such as the abc program which includes the abc early learning program, spark summer camp, and academic support program in existing neighborhood schools
20% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BOARD MEMBER Andrew Peak
CHAIRMAN OF THE BOARD Ankit Gulati
EXECUTIVE DIRECTOR Ann-Brooks Morrissette
BOARD MEMBER Chris Lang
SECRETARY Doug Whitmore
CO-FOUNDER Grant Zarzour

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$60,650 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $472K $481K $431K
2023 $367K $439K $478K
2022 $383K $430K $542K
2020 $416K $389K $717K
2019 $435K $398K $584K

Between 2019 and 2024, reported annual revenue grew from $435K to $472K (+8%), with total assets most recently reported at $431K.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for FUSE PROJECT

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