Civic Intelligence

Fuse Preschool Inc.

990 • Fiscal year 2017 • EIN 46-4164737

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 12, 2018

Organization Profilewww.fusepreschool.com
110 Hartwell AvenueLexington, MA 02421

(781) 658-3009

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.20x

Higher debt load relative to assets than 72% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

50th percentile

0.03x

Higher debt load relative to revenue than 50% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

55th percentile

5.5%

Higher net margin than 55% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

93rd percentile

88%

Faster asset growth than 93% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

81st percentile

35%

Faster revenue growth than 81% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Up

$122,042

Up $57,004 (+88%) from 2016

Net Assets

Up

$97,026

Up $40,721 (+72%) from 2016

Liabilities

Up

$25,016

Up $16,283 (+186%) from 2016

Revenue And Expenses
Liabilities / Revenue50th percentileNet Margin55th percentile

Revenue

Up

$742,040

Up $192,491 (+35%) from 2016

Expenses

Up

$701,319

Up $86,988 (+14%) from 2016

Net Income

Up

$40,721

Up $105,503 (+163%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth93rd percentile

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2013: $10,463Liabilities 2013: $02013Assets 2014: $119,254Liabilities 2014: $30,894Net Assets 2014: $88,3602014Assets 2015: $137,368Liabilities 2015: $16,281Net Assets 2015: $121,0872015Assets 2016: $65,038Liabilities 2016: $8,733Net Assets 2016: $56,3052016Assets 2017: $122,042Liabilities 2017: $25,016Net Assets 2017: $97,0262017Assets 2018: $118,198Liabilities 2018: $8,876Net Assets 2018: $109,3222018Assets 2019: $345,149Liabilities 2019: $95,671Net Assets 2019: $249,4782019Assets 2020: $441,307Liabilities 2020: $461,135Net Assets 2020: -$19,8282020Assets 2021: $431,741Liabilities 2021: $356,620Net Assets 2021: $75,1212021Assets 2022: $3,210,783Liabilities 2022: $2,882,632Net Assets 2022: $328,1512022Assets 2023: $2,815,760Liabilities 2023: $2,495,901Net Assets 2023: $319,8592023Assets 2024: $2,126,220Liabilities 2024: $2,181,178Net Assets 2024: -$54,9582024

Highlighted filing

2017

Assets$122,042
Liabilities$25,016
Net Assets$97,026
Open 2017 Filing

Operations Trend

Revenue Growth81st percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $20,152Expenses 2013: $9,689Net Income 2013: $10,4632013Revenue 2014: $476,752Expenses 2014: $398,855Net Income 2014: $77,8972014Revenue 2015: $595,610Expenses 2015: $562,883Net Income 2015: $32,7272015Revenue 2016: $549,549Expenses 2016: $614,331Net Income 2016: -$64,7822016Revenue 2017: $742,040Expenses 2017: $701,319Net Income 2017: $40,7212017Revenue 2018: $998,894Expenses 2018: $974,578Net Income 2018: $24,3162018Revenue 2019: $1,449,503Expenses 2019: $1,262,151Net Income 2019: $187,3522019Revenue 2020: $1,833,095Expenses 2020: $1,869,399Net Income 2020: -$36,3042020Revenue 2021: $1,839,612Expenses 2021: $1,893,984Net Income 2021: -$54,3722021Revenue 2022: $2,517,477Expenses 2022: $2,264,448Net Income 2022: $253,0292022Revenue 2023: $2,678,548Expenses 2023: $2,686,840Net Income 2023: -$8,2922023Revenue 2024: $2,332,221Expenses 2024: $2,707,038Net Income 2024: -$374,8172024

Highlighted filing

2017

Revenue$742,040
Expenses$701,319
Net Income$40,721
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 12, 2018
Return Version
2017v2.2
Gross Receipts
$742,040
Mission and Program Overview

Mission

The fuse preschool is an intensive therapuetic school for children ages 3-6. The preschool provides educational and therapuetic social development services to children during class

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$56,305$97,026▲ $40,721
Cash and Non-Interest-Bearing Accounts$42,725$84,665▲ $41,940
Land, Buildings, and Equipment, Net$17,402$22,755▲ $5,353
Loans From Officers Directors$5,445--
Other Notes and Loans Receivable, Net$298$4,904▲ $4,606
Receivables From Officers Etc$4,613--
Total Assets$65,038$122,042▲ $57,004
Other Assets Total-$9,718-
Liabilities
Other Liabilities$3,288$25,016▲ $21,728
Total Liabilities$8,733$25,016▲ $16,283
Net Assets / Fund Balance
Total Net Assets Fund Balance$56,305$97,026▲ $40,721
Total Liabilities and Net Assets / Fund Balance$65,038$122,042▲ $57,004

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$22,755$17,267$40,022
Other Assets Org$9,718--
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
Cara McgrathBoard Chair
Sara PoulosBoard Member
Sarah LyonsBoard Member
Lauren WeeksExecutive Director
Julie CallageeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$103,676
Program Service Revenue
$633,696
Investment Income
$-3,512
Other Revenue
$8,180
All Other Contributions
$103,676
Change in Net Assets
$40,721

Audited Revenue Reconciliation

Revenue per Audited Statements
$745,556
Revenue Not Reported on Form 990
$14,127
Total Revenue per Audited Statements
$759,683
Total Revenue per Form 990
$745,556
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$541,993
Other Expenses$159,326
Total Fundraising Expense$4,604
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$386,968$107,962-$494,930
Occupancy$50,554$8,921-$59,475
Payroll Taxes$42,616$4,447-$47,063
Office Expenses$25,674$15,456-$41,130
Fees for Services Accounting-$20,593-$20,593
Fees for Services Other$9,264--$9,264
Depreciation Depletion$7,304--$7,304
Advertising$4,640--$4,640
Insurance$3,720--$3,720
Fees for Services Legal-$3,100-$3,100
Conferences and Meetings$621--$621
Other Expenses$580$37$4,604$617
Fees for Services Management-$469-$469
Interest-$369-$369
Total Functional Expenses$532,191$164,524$4,604$701,319

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$706,248
Expenses per Audited Statements$704,838
Total Expenses per Form 990$704,838
Expenses Not Reported on Form 990$1,410
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$5,445--
Receivables from Officers, Directors, Trustees, and Key Employees$4,613--
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$24,693
Credit Card$323
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
Yes
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

“No review will be conducted or will be conducted.”

Governing documents etc available to public Part VI line 19

“Financial Statements and Tax return available to public uppon request”

Filing and Contact Details

Filer

Filer Name
The Fuse Preschool Inc
EIN
46-4164737
Address
110 Hartwell Avenue, Lexington, MA 02421

Signing Officer

Name
Lauren Weeks
Title
Executive Direc
Phone
7816583009
Signed
2018-11-12
Discuss with paid preparer
No

Organization Details

Principal Officer
Lauren Weeks
Formed
2013
Legal Domicile
Ma
Voting Board Members
5
Independent Board Members
4
Employees
17
Volunteers
4

Preparer

Firm
Abbott and Company LLC
Address
1 Militia Drive Suite 202, Lexington, MA 02421
Preparer
Chi Vo
Phone
7818632272
Supplemental Narrative

Financial Statement Notes

Other revenues not included on Form 990 (Part XI, line 2D)

“Audited Financial Statements accounting method is accrual basis. It includes deferred revenues and account receivables which were not reported on the tax return, which is cash basis.”

Other expenses not included on Form 990 (Part XII, line 2D)

“Audited Financial Statements accounting method is accrual basis. It includes deferred revenues and account receivables which were not reported on the tax return, which is cash basis.”

Raw XML Appendix379 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE FUSE PRESCHOOL IS AN INTENSIVE THERAPUETIC SCHOOL FOR CHILDREN AGES 3-6. THE PRESCHOOL PROVIDES EDUCATIONAL AND THERAPUETIC SOCIAL DEVELOPMENT SERVICES TO CHILDREN DURING CLASS
IRS990/AdvertisingGrp/ProgramServicesAmt04640
IRS990/AdvertisingGrp/TotalAmt04640
IRS990/AllOtherContributionsAmt0103676
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0LAUREN WEEKS
IRS990/BooksInCareOfDetail/PhoneNum07816583009
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0110 Hartwell Avenue
IRS990/BooksInCareOfDetail/USAddress/CityNm0Lexington
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd002421
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt042725
IRS990/CashNonInterestBearingGrp/EOYAmt084665
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0621
IRS990/ConferencesMeetingsGrp/TotalAmt0621
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0103676
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0-3512
IRS990/CYOtherExpensesAmt0159326
IRS990/CYOtherRevenueAmt08180
IRS990/CYProgramServiceRevenueAmt0633696
IRS990/CYRevenuesLessExpensesAmt040721
IRS990/CYSalariesCompEmpBnftPaidAmt0541993
IRS990/CYTotalExpensesAmt0701319
IRS990/CYTotalFundraisingExpenseAmt04604
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0742040
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ProgramServicesAmt07304
IRS990/DepreciationDepletionGrp/TotalAmt07304
IRS990/Desc0THE FUSE PRESCHOOL IS AN INTENSIVE THERAPUETIC SCHOOL FOR CHILDREN AGES 3-6. THE PRESCHOOL PROVIDES EDUCATIONAL AND THERAPUETIC SOCIAL DEVELOPMENT SERVICES TO CHILDREN DURING CLASS
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt017
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0532191
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt020593
IRS990/FeesForServicesAccountingGrp/TotalAmt020593
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt03100
IRS990/FeesForServicesLegalGrp/TotalAmt03100
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0469
IRS990/FeesForServicesManagementGrp/TotalAmt0469
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt09264
IRS990/FeesForServicesOtherGrp/TotalAmt09264
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt450.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0CARA MCGRATH
IRS990/Form990PartVIISectionAGrp/PersonNm1JULIE CALLAGEE
IRS990/Form990PartVIISectionAGrp/PersonNm2SARAH LYONS
IRS990/Form990PartVIISectionAGrp/PersonNm3SARA POULOS
IRS990/Form990PartVIISectionAGrp/PersonNm4LAUREN WEEKS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0-3517
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0-3517
IRS990/GrossReceiptsAmt0742040
IRS990/GrossRentsGrp/RealAmt08180
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt03720
IRS990/InsuranceGrp/TotalAmt03720
IRS990/InterestGrp/ManagementAndGeneralAmt0369
IRS990/InterestGrp/TotalAmt0369
IRS990/InvestmentIncomeGrp/ExclusionAmt05
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt05
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt017267
IRS990/LandBldgEquipBasisNetGrp/BOYAmt017402
IRS990/LandBldgEquipBasisNetGrp/EOYAmt022755
IRS990/LandBldgEquipCostOrOtherBssAmt040022
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt05445
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE FUSE PRESCHOOL IS AN INTENSIVE THERAPUETIC SCHOOL FOR CHILDREN AGES 3-6. THE PRESCHOOL PROVIDES EDUCATIONAL AND THERAPUETIC SOCIAL DEVELOPMENT SERVICES TO CHILDREN DURING CLASS
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt056305
IRS990/NetAssetsOrFundBalancesEOYAmt097026
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-3517
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-3517
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt08180
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt08180
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt08921
IRS990/OccupancyGrp/ProgramServicesAmt050554
IRS990/OccupancyGrp/TotalAmt059475
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt015456
IRS990/OfficeExpensesGrp/ProgramServicesAmt025674
IRS990/OfficeExpensesGrp/TotalAmt041130
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt09718
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Donation Event Expenses
IRS990/OtherExpensesGrp/Desc1Moving Expenses
IRS990/OtherExpensesGrp/Desc2Filing Fees
IRS990/OtherExpensesGrp/Desc3Preschool License
IRS990/OtherExpensesGrp/FundraisingAmt04604
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03170
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt137
IRS990/OtherExpensesGrp/ProgramServicesAmt0250
IRS990/OtherExpensesGrp/ProgramServicesAmt1580
IRS990/OtherExpensesGrp/TotalAmt04604
IRS990/OtherExpensesGrp/TotalAmt13170
IRS990/OtherExpensesGrp/TotalAmt2250
IRS990/OtherExpensesGrp/TotalAmt3617
IRS990/OtherLiabilitiesGrp/BOYAmt03288
IRS990/OtherLiabilitiesGrp/EOYAmt025016
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0107962
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0386968
IRS990/OtherSalariesAndWagesGrp/TotalAmt0494930
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt0298
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt04904
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04447
IRS990/PayrollTaxesGrp/ProgramServicesAmt042616
IRS990/PayrollTaxesGrp/TotalAmt047063
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0LAUREN WEEKS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0PRESCHOOL TUITION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0633696
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0633696
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt023240
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0230
IRS990/PYOtherExpensesAmt0110076
IRS990/PYProgramServiceRevenueAmt0526079
IRS990/PYRevenuesLessExpensesAmt0-64782
IRS990/PYSalariesCompEmpBnftPaidAmt0504255
IRS990/PYTotalExpensesAmt0614331
IRS990/PYTotalRevenueAmt0549549
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt04613
IRS990/ReconcilationRevenueExpnssAmt040721
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt08180
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0633696
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt056305
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt097026
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesNotReportedAmt01410
IRS990ScheduleD/ExpensesSubtotalAmt0704838
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt09718
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deposit
IRS990ScheduleD/OtherExpensesIncludedAmt01410
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt022755
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt017267
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt040022
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0323
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt124693
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARD
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL LIABILITIES
IRS990ScheduleD/OtherRevenueAmt014127
IRS990ScheduleD/RevenueNotReportedAmt014127
IRS990ScheduleD/RevenueSubtotalAmt0745556
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Audited Financial Statements accounting method is accrual basis. It includes deferred revenues and account receivables which were not reported on the tax return, which is cash basis.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Audited Financial Statements accounting method is accrual basis. It includes deferred revenues and account receivables which were not reported on the tax return, which is cash basis.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Other revenues not included on Form 990 (Part XI, line 2d)
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Other expenses not included on Form 990 (Part XII, line 2d)
IRS990ScheduleD/TotalBookValueLandBuildingsAmt022755
IRS990ScheduleD/TotalBookValueOtherAssetsAmt09718
IRS990ScheduleD/TotalExpensesPerForm990Amt0704838
IRS990ScheduleD/TotalLiabilityAmt025016
IRS990ScheduleD/TotalRevenuePerForm990Amt0745556
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0759683
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0706248
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0false
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review will be conducted or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Financial Statements and Tax return available to public uppon request
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing documents etc available to public Part VI line 19
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0273798792
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0S Corp
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0MA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0THE FUSE PROGRAM LLC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0110 HARTWELL AVENUE SUITE 100
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0Lexington
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0MA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd002421
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt065038
IRS990/TotalAssetsEOYAmt0122042
IRS990/TotalAssetsGrp/BOYAmt065038
IRS990/TotalAssetsGrp/EOYAmt0122042
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0103676
IRS990/TotalEmployeeCnt017
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt04604
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0164524
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0532191
IRS990/TotalFunctionalExpensesGrp/TotalAmt0701319
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt08733
IRS990/TotalLiabilitiesEOYAmt025016
IRS990/TotalLiabilitiesGrp/BOYAmt08733
IRS990/TotalLiabilitiesGrp/EOYAmt025016
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt056305
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt097026
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0532191
IRS990/TotalProgramServiceRevenueAmt0633696
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt04668
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0633696
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0742040
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt065038
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0122042
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0http://www.fusepreschool.com
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0LAUREN WEEKS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Direc
ReturnHeader/BusinessOfficerGrp/PhoneNum07816583009
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Fuse Preschool Inc
ReturnHeader/Filer/BusinessNameControlTxt0FUSE
ReturnHeader/Filer/EIN0464164737
ReturnHeader/Filer/USAddress/AddressLine1Txt0110 Hartwell Avenue
ReturnHeader/Filer/USAddress/CityNm0Lexington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002421
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId022F7B0B90332C2D6FDC2EA1EA5951F3C3311D986
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId022F7B0B90332C2D6FDC2EA1EA5951F3C3311D986
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId00492942018319hxblxzu
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02018-11-15
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt071.174.87.124
ReturnHeader/FilingSecurityInformation/IPDt02018-11-15
ReturnHeader/FilingSecurityInformation/IPTm014:45:50
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0371658257
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Abbott and Company LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01 Militia Drive Suite 202
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Lexington
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002421
ReturnHeader/PreparerPersonGrp/PhoneNum07818632272
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Chi Vo
ReturnHeader/ReturnTs02018-11-15T14:44:52-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$122,042
Liabilities
$25,016
Net assets
$97,026
Revenue
$742,040
Expenses
$701,319
Net income
$40,721
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.13$2.18$0.05$2.33$2.71$0.37
2023Detailed filing. Detailed filing data is available for this year.$2.82$2.50$0.32$2.68$2.69$0.01
2022Detailed filing. Detailed filing data is available for this year.$3.21$2.88$0.33$2.52$2.26$0.25
2021Detailed filing. Detailed filing data is available for this year.$0.43$0.36$0.08$1.84$1.89$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.44$0.46$0.02$1.83$1.87$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.35$0.10$0.25$1.45$1.26$0.19
2018Detailed filing. Detailed filing data is available for this year.$0.12$0.01$0.11$1.00$0.97$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.12$0.03$0.10$0.74$0.70$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.07$0.01$0.06$0.55$0.61$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.14$0.02$0.12$0.60$0.56$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.12$0.03$0.09$0.48$0.40$0.08
2013Summary only. Only limited summary data is available for this year.$0.01$0.00$0.02$0.01$0.01