Civic Intelligence

Fuse Washington

990 • Fiscal year 2021 • EIN 26-0573960

Jan 01, 2021 to Jun 30, 2021 • Filed on May 12, 2022

PO Box 4897Seattle, WA 98194

(206) 420-0133

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

59th percentile

0.05x

Higher debt load relative to assets than 59% of similar nonprofits.

2021 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2021

Liabilities / Revenue

60th percentile

0.10x

Higher debt load relative to revenue than 60% of similar nonprofits.

2021 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2021

Net Margin

55th percentile

16%

Higher net margin than 55% of similar nonprofits.

2021 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2021

Top Officer Pay

86th percentile

$64,695

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 12.3% of source-year revenue.

2021 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2021

Asset Growth

59th percentile

7.7%

Faster asset growth than 59% of similar nonprofits.

2021 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Revenue Growth

2nd percentile

-78%

Faster revenue growth than 2% of similar nonprofits.

2021 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2020 to 2021

Assets

Up

$957,610

Up $68,169 (+7.7%) from 2020

Net Assets

Up

$905,217

Up $99,493 (+12%) from 2020

Liabilities

Down

$52,393

Down $31,324 (-37%) from 2020

Revenue

Down

$525,142

Down $1,815,726 (-78%) from 2020

Expenses

Down

$442,234

Down $1,613,922 (-78%) from 2020

Net Income

Down

$82,908

Down $201,804 (-71%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2011: $292,176Liabilities 2011: $32,444Net Assets 2011: $259,7322011Assets 2013: $264,469Liabilities 2013: $4,678Net Assets 2013: $259,7912013Assets 2015: $257,820Liabilities 2015: $41,884Net Assets 2015: $215,9362015Assets 2016: $261,244Liabilities 2016: $78,486Net Assets 2016: $182,7582016Assets 2017: $480,652Liabilities 2017: $51,827Net Assets 2017: $428,8252017Assets 2018: $547,062Liabilities 2018: $63,740Net Assets 2018: $483,3222018Assets 2019: $566,771Liabilities 2019: $45,759Net Assets 2019: $521,0122019Assets 2020: $889,441Liabilities 2020: $83,717Net Assets 2020: $805,7242020Assets 2021: $957,610Liabilities 2021: $52,393Net Assets 2021: $905,2172021Assets 2022: $1,119,018Liabilities 2022: $284,859Net Assets 2022: $834,1592022Assets 2023: $1,009,970Liabilities 2023: $390,227Net Assets 2023: $619,7432023Assets 2024: $946,461Liabilities 2024: $555,277Net Assets 2024: $391,1842024

Highlighted filing

2021

Assets$957,610
Liabilities$52,393
Net Assets$905,217

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $438,1992011Revenue 2013: $563,241Expenses 2013: $605,767Net Income 2013: -$42,5262013Revenue 2015: $431,167Expenses 2015: $480,748Net Income 2015: -$49,5812015Revenue 2016: $553,306Expenses 2016: $586,484Net Income 2016: -$33,1782016Revenue 2017: $808,792Expenses 2017: $565,700Net Income 2017: $243,0922017Revenue 2018: $1,122,483Expenses 2018: $1,079,431Net Income 2018: $43,0522018Revenue 2019: $862,533Expenses 2019: $824,843Net Income 2019: $37,6902019Revenue 2020: $2,340,868Expenses 2020: $2,056,156Net Income 2020: $284,7122020Revenue 2021: $525,142Expenses 2021: $442,234Net Income 2021: $82,9082021Revenue 2022: $1,053,176Expenses 2022: $1,103,809Net Income 2022: -$50,6332022Revenue 2023: $1,764,437Expenses 2023: $1,993,598Net Income 2023: -$229,1612023Revenue 2024: $2,004,998Expenses 2024: $2,287,413Net Income 2024: -$282,4152024

Highlighted filing

2021

Revenue$525,142
Expenses$442,234
Net Income$82,908
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Jun 30, 2021
Signed
May 12, 2022
Return Version
2020v4.2
Gross Receipts
$525,469
Mission and Program Overview

Mission

To provide a progressive voice and to inform and educated the public, the media and our States electred officials about progressive values and policies.

To achieve progress through government,by the people, and for the people, in Washington state.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$436,091$392,798▼ $43,293
Accounts Receivable$206,308$311,175▲ $104,867
Savings and Temporary Cash Investments$247,042$247,078▲ $36
Total Assets$889,441$957,610▲ $68,169
Other Assets Total-$6,559-
Liabilities
Other Liabilities$61,526$37,833▼ $23,693
Accounts Payable and Accrued Expenses$22,191$14,560▼ $7,631
Total Liabilities$83,717$52,393▼ $31,324
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$805,724$905,217▲ $99,493
Total Net Assets Fund Balance$805,724$905,217▲ $99,493
Total Liabilities and Net Assets / Fund Balance$889,441$957,610▲ $68,169

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$4,107$4,107
Equipment-$3,913$3,913
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Aaron OstromExecutive DirectorPT$31,458$33,237$64,695

Board Members and Trustees

NameTitle
Daniel WeiseChair
Julia ReedVice Chair
Adam GlickmanDirector
Ahmed GayaDirector
Alexis Mercedes RinckDirector
Jeff HansenDirector
Jeremy BarksdaleDirector
Julie RobinsonDirector
Lyle QuasimDirector
Maria JonesDirector
Ruth LipscombDirector
Suone CotnerDirector
Tom MillerDirector
Dean NielsenSecretary / Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$477,432
Program Service Revenue
$48,000
Investment Income
$37
Other Revenue
$-327
All Other Contributions
$454,624
Change in Net Assets
$82,908

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$3,928Fair Market Value (FMV)
Total Noncash Contributions1$3,928-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$294,553
Other Expenses$117,681
Total Fundraising Expense$97,575
Grants and Similar Amounts Paid$30,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$97,666$47,156$68,749$213,571
Current Officers, Directors, Trustees, and Key Employees$25,415$3,750$2,293$31,458
Grants to Domestic Orgs$30,000--$30,000
Other Employee Benefits$13,221$5,468$7,632$26,321
Payroll Taxes$11,655$4,821$6,727$23,203
Occupancy$8,542$3,533$4,930$17,005
Other Expenses$5,305$6,880$2,947$15,132
Office Expenses$75$3,567$4,052$7,694
Fees for Services Accounting-$621-$621
Travel$11$31$193$235
Fees for Services Other$88--$88
Total Functional Expenses$266,405$78,254$97,575$442,234
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Georgia Investor Action Fund IncAtlanta, GA501c4Support for grassroots organizing$15,000
PA Alliance ActionPhiladelphia, PA501c4Support for grassroots organizing$15,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$327
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Fundraiser-$-22,808$327$-23,135
Total Events-$-22,808$327$-23,135
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes$33,893
Payroll Tax Liabilities$3,940
Employee Retirement Deferral Payable-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The Executive Director shares the 990 with the board before the return is filed and provides a time window for the board to comment and ask questions before the return is finalized and submitted.

Form 990, Part VI, Section B, Line 12C

Board members and staff must disclose any conflicts of interest and the agreement is reviewed at least annually.

Form 990, Part VI, Section B, Line 15A

The Executive Directors salary is reviewed annually by a board personnel committee.

Form 990, Part VI, Section C, Line 19

The organization makes its 990 and organizing documents available upon request.

Filing and Contact Details

Filer

Filer Name
Fuse Washington
EIN
26-0573960
Phone
2064200133
Address
PO Box 4897, Seattle, WA 98194

Signing Officer

Name
Aaron Ostrom
Title
Executive Director
Signed
2022-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Aaron Ostrom
Formed
2007
Legal Domicile
Wa
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
60

Preparer

Firm
Advocate Accounting LLC
Address
1916 Pike Pl Ste 12 323, Seattle, WA 98101
Preparer
Erin Louis CPA
Phone
2062164629
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IRS990/OtherExpensesGrp/Desc2Dues Subscriptions
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IRS990/ProgSrvcAccomActy3Grp/Desc0Accountability and Advocacy - Evaluating the performance and leadership of our elected officials and increasing active public support for progressive policies and decisions.
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IRS990ScheduleC/Section527PoliticalOrgGrp/EIN0262840720
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IRS990ScheduleI/RecipientTable/CashGrantAmt015000
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Support for grassroots organizing
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Support for grassroots organizing
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Georgia Investor Action Fund Inc
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1PA Alliance Action
IRS990ScheduleI/RecipientTable/RecipientEIN0474777204
IRS990ScheduleI/RecipientTable/RecipientEIN1823537729
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO Box 170515

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