Global Fusion Inc
- Assets
- $26.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Southlake, TX
- Founding
- 09/2008
- Data as of
- 12/2022
- EIN
- 20-8204516
Organization Overview
Global Fusion Inc is located in Southlake, TX. The organization was established in 2008. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Global Fusion 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 12/2022, Global Fusion Inc generated $12.4k 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 (28.9%) each year. All expenses for the organization totaled $8.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (32.6%) per year over the past 5 years. 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
GRANTS FOR MORNING STAR DEVELOPMENT - VOCATIONAL TRAINING, ADDICTION RECOVERY FOR 20 PEOPLE (6,514)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ross Paterson Director | 1 | $0 | |
Jonathan Atwell Chairman | 0 | $0 | |
Bradley Hankins Vice Chairman | 0 | $0 | |
Fanni Gambero Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,414 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $12,416 |
| 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 | $55 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $417 |
| Other expenses | $985 |
| Total expenses | $7,971 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,620 |
| Other assets | $0 |
| Total assets | $26,620 |
| Total liabilities | $0 |
| Net assets or fund balances | $26,620 |