Focus Fusion Society
- Assets
- $55.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Middlesex, NJ
- Founding
- 12/2006
- Data as of
- 12/2022
- EIN
- 20-3465753
Organization Overview
Focus Fusion Society is located in Middlesex, NJ. The organization was established in 2006. According to its NTEE Classification (U30) the organization is classified as: Physical & Earth Sciences, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Focus Fusion Society 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, Focus Fusion Society generated $96.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (22.7%) each year. All expenses for the organization totaled $94.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO BRING PEOPLE TOGETHER TO PURSUE THE DREAM OF CLEAN, ACCESSIBLE & ABUNDANT ENERGY FROM FUSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arif Basha Executive Di | 1 | $0 | |
Ignas Galvelis Officer | 1 | $0 | |
Dr Warwick Michael Dumas Community Ou | 1 | $0 | |
Jasmine Strong Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $95,121 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $920 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $96,041 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,607 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,446 |
| Total expenses | $94,053 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $55,773 |
| Other assets | $0 |
| Total assets | $55,773 |
| Total liabilities | $0 |
| Net assets or fund balances | $55,773 |