Spectrum Fusion
- Assets
- $91.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 07/2018
- Data as of
- 12/2023
- EIN
- 82-2367027
Organization Overview
Spectrum Fusion is located in Houston, TX. The organization was established in 2018. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spectrum Fusion 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 12/2023, Spectrum Fusion generated $122.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $159.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heidi Stieglitz Ham PHD President | 40 | $0 | |
Sara J Swanson PHD Secretary | 2 | $0 | |
Jonathan Schlech Director | 2 | $0 | |
Tushar Sharma Director | 2 | $0 | |
Jelena Vidic-Perunovic PHD Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $92,504 |
| Total Program Service Revenue | $30,000 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $122,504 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $79,778 |
| Professional fees and other payments to independent contractors | $6,848 |
| Occupancy, rent, utilities, and maintenance | $32,155 |
| Printing, publications, postage, and shipping | $53 |
| Other expenses | $40,168 |
| Total expenses | $159,002 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $91,783 |
| Other assets | $0 |
| Total assets | $91,783 |
| Total liabilities | $33,000 |
| Net assets or fund balances | $58,783 |