Liabilities / Assets
91st percentile
Higher debt load relative to assets than 91% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
91st percentile
Higher debt load relative to assets than 91% of similar nonprofits.
Liabilities / Revenue
64th percentile
Higher debt load relative to revenue than 64% of similar nonprofits.
Net Margin
21st percentile
Higher net margin than 21% of similar nonprofits.
Top Officer Pay
91st percentile
Higher top officer pay than 91% of similar nonprofits.
Top officer pay equals 11.0% of source-year revenue.
Asset Growth
20th percentile
Faster asset growth than 20% of similar nonprofits.
Revenue Growth
33rd percentile
Faster revenue growth than 33% of similar nonprofits.
Assets
Down$431,741
Down $9,566 (-2.2%) from 2020
Net Assets
Up$75,121
Up $94,949 (+479%) from 2020
Liabilities
Down$356,620
Down $104,515 (-23%) from 2020
Revenue
Up$1,839,612
Up $6,517 (+0.4%) from 2020
Expenses
Up$1,893,984
Up $24,585 (+1.3%) from 2020
Net Income
Down-$54,372
Down $18,068 (-50%) from 2020
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
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $159,580 | $193,018 | ▲ $33,438 |
| Land, Buildings, and Equipment, Net | $209,299 | $183,667 | ▼ $25,632 |
| Rtn Earn Endowment Incm Other Fnds | $-19,828 | $75,121 | ▲ $94,949 |
| Accounts Receivable | - | $11,090 | - |
| Prepaid Expenses and Deferred Charges | $31,450 | $9,788 | ▼ $21,662 |
| Other Notes and Loans Receivable, Net | $6,750 | - | - |
| Total Assets | $441,307 | $431,741 | ▼ $9,566 |
| Other Assets Total | $34,228 | $34,178 | ▼ $50 |
| Liabilities | |||
| Other Liabilities | $351,605 | $219,002 | ▼ $132,603 |
| Deferred Revenue | $103,616 | $137,618 | ▲ $34,002 |
| Accounts Payable and Accrued Expenses | $5,914 | - | - |
| Total Liabilities | $461,135 | $356,620 | ▼ $104,515 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $-19,828 | $75,121 | ▲ $94,949 |
| Total Liabilities and Net Assets / Fund Balance | $441,307 | $431,741 | ▼ $9,566 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $183,667 | $110,618 | $294,285 |
| Other Assets Org | $34,178 | - | - |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Lauren Weeks | Executive Director | FT | $202,477 | $202,477 |
| Name | Title |
|---|---|
| Jay Patel | Board Member |
| Sarah Lyons | Board Member |
| Julie Callagee | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $1,250,540 |
| Other Expenses | $643,444 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $755,415 | $97,549 | - | $852,964 |
| Occupancy | $295,029 | $48,620 | - | $343,649 |
| Current Officers, Directors, Trustees, and Key Employees | $202,477 | - | - | $202,477 |
| All Other Expenses | $104,928 | $19,704 | - | $124,632 |
| Other Employee Benefits | $91,206 | $13,383 | - | $104,589 |
| Payroll Taxes | $90,510 | - | - | $90,510 |
| Depreciation Depletion | $36,728 | - | - | $36,728 |
| Fees for Services Accounting | - | $35,040 | - | $35,040 |
| Office Expenses | $29,865 | - | - | $29,865 |
| Insurance | - | $25,493 | - | $25,493 |
| Other Expenses | $22,494 | $500 | - | $22,494 |
| Fees for Services Other | $13,063 | - | - | $13,063 |
| Information Technology | $4,743 | - | - | $4,743 |
| Interest | - | $400 | - | $400 |
| Advertising | $301 | - | - | $301 |
| Total Functional Expenses | $1,652,894 | $241,090 | $0 | $1,893,984 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $1,894,063 |
| Expenses per Audited Statements | $1,893,984 |
| Total Expenses per Form 990 | $1,893,984 |
| Expenses Not Reported on Form 990 | $79 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Deferred Rent | $141,823 |
| Payroll Liabilities | $33,054 |
| Accrued Expenses | $32,291 |
| Printer Lease Liability | $9,140 |
| Credit Card | $2,694 |
| Due to Related Party | - |
“No review will be conducted or will be conducted.”
“FUSE Preschool Board of Directors consistently reviews a Conflict of Interest policy to ensure that all members are acting in the best interest of the organization.”
“Financial Statements and Tax return available to public uppon request”
“The balance sheet has been prepared based on the audited financials which calculated depreciation down to the exact date. Using straight line mid-quarter convention depreciation with a 5 year life and no salvage value, produces a difference of $79.”
“Audited financial statements used a different depreciation method causing for a $79 depreciation expense difference.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
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| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 5914 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 11090 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | 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 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 301 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 301 |
| IRS990/AllOtherContributionsAmt | 0 | 215564 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 19704 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 104928 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 124632 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BackupWthldComplianceInd | 0 | false |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | Lauren Weeks |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7816583009 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 110 Hartwell Avenue |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Lexington |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 02421 |
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| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 193018 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
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| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 202477 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 202477 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
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| IRS990/CYContributionsGrantsAmt | 0 | 215564 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 643444 |
| IRS990/CYOtherRevenueAmt | 0 | 39216 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 1584832 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -54372 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 1250540 |
| IRS990/CYTotalExpensesAmt | 0 | 1893984 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1839612 |
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| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
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| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 137618 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 36728 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 36728 |
| IRS990/Desc | 0 | 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 |
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| IRS990/EmployeeCnt | 0 | 33 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 1652894 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
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| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 35040 |
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| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 13063 |
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| IRS990/ForeignFinancialAccountInd | 0 | false |
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| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
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| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Lauren Weeks |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 202477 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Executive Director |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Board Member |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/FormationYr | 0 | 2013 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
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| IRS990/FSAuditedInd | 0 | true |
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| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 4 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 1839612 |
| IRS990/GrossRentsGrp/RealAmt | 0 | 39216 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
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| IRS990/InfoInScheduleOPartVIInd | 0 | X |
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| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 4743 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 4743 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 25493 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 25493 |
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| IRS990/MethodOfAccountingAccrualInd | 0 | X |
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| IRS990/MissionDesc | 0 | 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 |
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| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 75121 |
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| IRS990/OccupancyGrp/TotalAmt | 0 | 343649 |
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| IRS990/PYTotalRevenueAmt | 0 | 1833095 |
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| IRS990/RevenueAmt | 0 | 1584832 |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
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| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 79 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 1893984 |
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| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | Deposit |
| IRS990ScheduleD/OtherExpensesIncludedAmt | 0 | 79 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 183667 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 110618 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 294285 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 2694 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 33054 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 9140 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 3 | 32291 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 4 | 141823 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | CREDIT CARD |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | PAYROLL LIABILITIES |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | Printer Lease Liability |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 3 | ACCRUED EXPENSES |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 4 | DEFERRED RENT |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 5 | DUE TO RELATED PARTY |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 1839612 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | Audited financial statements used a different depreciation method causing for a $79 depreciation expense difference. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other expenses included on Form 990 (Part XII, line 4b) |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 183667 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 34178 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 1893984 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 219002 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 1839612 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 1839612 |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | Lauren Weeks |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | No review will be conducted or will be conducted. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | FUSE Preschool Board of Directors consistently reviews a Conflict of Interest policy to ensure that all members are acting in the best interest of the organization. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Financial Statements and Tax return available to public uppon request |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | The balance sheet has been prepared based on the audited financials which calculated depreciation down to the exact date. Using straight line mid-quarter convention depreciation with a 5 year life and no salvage value, produces a difference of $79. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990 governing body review Part VI line 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Conflict of interest policy compliance Part VI line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Governing documents etc available to public Part VI line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Explanation of other changes in net assets or fund balances Part XI line 9 |
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| IRS990/TotalLiabilitiesEOYAmt | 0 | 356620 |
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| IRS990/WebsiteAddressTxt | 0 | http://www.fusepreschool.com |
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Displayed year
2021 • Form 990Detailed filing. Detailed filing data is available for this year.