Civic Intelligence

Fuse Preschool Inc.

990 • Fiscal year 2022 • EIN 46-4164737

Jan 01, 2022 to Dec 31, 2022 • Filed on May 09, 2023

Organization Profilewww.fusepreschool.com

View Organization Page

110 Hartwell Avenue STE 100Lexington, MA 02421

(781) 658-3009

Siviq Scores

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

Liabilities / Assets

93rd percentile

0.90x

Higher debt load relative to assets than 93% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

89th percentile

1.15x

Higher debt load relative to revenue than 89% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

56th percentile

10%

Higher net margin than 56% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

92nd percentile

$220,839

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 8.8% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

99th percentile

644%

Faster asset growth than 99% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

77th percentile

37%

Faster revenue growth than 77% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Up

$3,210,783

Up $2,779,042 (+644%) from 2021

Net Assets

Up

$328,151

Up $253,030 (+337%) from 2021

Liabilities

Up

$2,882,632

Up $2,526,012 (+708%) from 2021

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin56th percentile

Revenue

Up

$2,517,477

Up $677,865 (+37%) from 2021

Expenses

Up

$2,264,448

Up $370,464 (+20%) from 2021

Net Income

Up

$253,029

Up $307,401 (+565%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth99th 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

2022

Assets$3,210,783
Liabilities$2,882,632
Net Assets$328,151
Open 2022 Filing

Operations Trend

Revenue Growth77th 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

2022

Revenue$2,517,477
Expenses$2,264,448
Net Income$253,029
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 9, 2023
Return Version
2022v5.0
Gross Receipts
$2,517,477
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
Intangible Assets-$2,454,615-
Land, Buildings, and Equipment, Net$183,667$325,795▲ $142,128
Cash and Non-Interest-Bearing Accounts$193,018$302,236▲ $109,218
Prepaid Expenses and Deferred Charges$9,788$44,086▲ $34,298
Accounts Receivable$11,090$33,303▲ $22,213
Total Assets$431,741$3,210,783▲ $2,779,042
Other Assets Total$34,178$50,748▲ $16,570
Liabilities
Other Liabilities$219,002$2,752,865▲ $2,533,863
Deferred Revenue$137,618$124,517▼ $13,101
Accounts Payable and Accrued Expenses-$5,250-
Total Liabilities$356,620$2,882,632▲ $2,526,012
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$75,121$328,151▲ $253,030
Total Net Assets Fund Balance$75,121$328,151▲ $253,030
Total Liabilities and Net Assets / Fund Balance$431,741$3,210,783▲ $2,779,042

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$325,795$157,677$483,472
Other Assets Org$16,570--
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Lauren WeeksExecutive DirectorFT$220,839$220,839
Kadie HodnettNorwood DirectorFT$115,258$115,258

Board Members and Trustees

NameTitle
Jay PatelBoard Member
Julie CallageeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$319,958
Program Service Revenue
$1,938,775
Investment Income
$93
Other Revenue
$258,651
All Other Contributions
$309,958
Change in Net Assets
$253,029

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,517,384
Revenue Not Reported on Financial Statements
$93
Other Revenue Adjustments
$93
Total Revenue per Audited Statements
$2,517,384
Total Revenue per Form 990
$2,517,477
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,383,910
Other Expenses$880,538
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$862,263--$862,263
Occupancy$445,141$78,554-$523,695
Current Officers, Directors, Trustees, and Key Employees$212,216$123,881-$336,097
All Other Expenses$143,242--$143,242
Payroll Taxes$100,135--$100,135
Other Employee Benefits$72,603$12,812-$85,415
Fees for Services Other$42,258$9,904-$52,162
Depreciation Depletion$48,857$158-$49,015
Fees for Services Accounting-$35,110-$35,110
Other Expenses$31,098$556-$31,098
Insurance$14,764$48-$14,812
Office Expenses$11,360--$11,360
Travel-$6,208-$6,208
Information Technology$5,556--$5,556
Interest-$607-$607
Advertising$331--$331
Total Functional Expenses$1,996,008$268,440$0$2,264,448

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,264,448
Expenses per Audited Statements$2,264,355
Total Expenses per Audited Statements$2,264,355
Expenses Not Reported on Financial Statements$93
Other Expense Adjustments$93
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
TheFUSEProgram LLCEntity owned 100 by Lauren WeeksSublease of Program SpaceNo$222,561
Hodnett Home Enhancements LLCEntity owned by K Hodnetts HusbandConstruction work for improvements to spaceNo$28,235
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Obligation Long Term Portion$2,650,605
Payroll Liability$69,959
Accrued Expenses$26,628
Credit Card Liability$5,673
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
Yes
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
Yes
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

“A copy is shared after being reviewed by the organizations accountants.”

Conflict of interest policy compliance Part VI line 12C

“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.”

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 STE 100, Lexington, MA 02421

Signing Officer

Name
Lauren Weeks
Title
Executive Direc
Phone
7816583009
Signed
2023-05-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lauren Weeks
Formed
2013
Legal Domicile
Ma
Voting Board Members
3
Independent Board Members
2
Employees
38

Preparer

Firm
Abbott and Company LLC
Address
1 Militia Drive, Lexington, MA 02421
Preparer
Mellinda Abbott
Phone
7818632272
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

“There is a $1 rounding difference.”

Financial Statement Notes

Other revenues included on Form 990 (Part XI, line 4B)

“Audited financial statements have reduced the interest income of $93 by offsetting interest expense of $93.”

Other expenses included on Form 990 (Part XII, line 4B)

“Audited financial statements have reduced the interest expense of $93 by offsetting interest income of $93.”

Raw XML AppendixShowing 400 of 444 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/AccountsPayableAccrExpnssGrp/EOYAmt05250
IRS990/AccountsReceivableGrp/BOYAmt011090
IRS990/AccountsReceivableGrp/EOYAmt033303
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/ProgramServicesAmt0331
IRS990/AdvertisingGrp/TotalAmt0331
IRS990/AllOtherContributionsAmt0309958
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0143242
IRS990/AllOtherExpensesGrp/TotalAmt0143242
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
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/BusinessRlnWith35CtrlEntInd0true
IRS990/BusinessRlnWithFamMemInd0true
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0193018
IRS990/CashNonInterestBearingGrp/EOYAmt0302236
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0123881
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0212216
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0336097
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0319958
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt093
IRS990/CYOtherExpensesAmt0880538
IRS990/CYOtherRevenueAmt0258651
IRS990/CYProgramServiceRevenueAmt01938775
IRS990/CYRevenuesLessExpensesAmt0253029
IRS990/CYSalariesCompEmpBnftPaidAmt01383910
IRS990/CYTotalExpensesAmt02264448
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02517477
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt0137618
IRS990/DeferredRevenueGrp/EOYAmt0124517
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0158
IRS990/DepreciationDepletionGrp/ProgramServicesAmt048857
IRS990/DepreciationDepletionGrp/TotalAmt049015
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/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt038
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01996008
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt035110
IRS990/FeesForServicesAccountingGrp/TotalAmt035110
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt09904
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt042258
IRS990/FeesForServicesOtherGrp/TotalAmt052162
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0Lauren Weeks
IRS990/Form990PartVIISectionAGrp/PersonNm1Kadie Hodnett
IRS990/Form990PartVIISectionAGrp/PersonNm2Julie Callagee
IRS990/Form990PartVIISectionAGrp/PersonNm3Jay Patel
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0220839
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1115258
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Norwood Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GovernmentGrantsAmt010000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt02517477
IRS990/GrossRentsGrp/RealAmt0258651
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt05556
IRS990/InformationTechnologyGrp/TotalAmt05556
IRS990/InsuranceGrp/ManagementAndGeneralAmt048
IRS990/InsuranceGrp/ProgramServicesAmt014764
IRS990/InsuranceGrp/TotalAmt014812
IRS990/IntangibleAssetsGrp/EOYAmt02454615
IRS990/InterestGrp/ManagementAndGeneralAmt0607
IRS990/InterestGrp/TotalAmt0607
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt093
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt093
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt013
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0157677
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0183667
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0325795
IRS990/LandBldgEquipCostOrOtherBssAmt0483472
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
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/NetAssetsOrFundBalancesBOYAmt075121
IRS990/NetAssetsOrFundBalancesEOYAmt0328151
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0258651
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0258651
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt075121
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0328151
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt078554
IRS990/OccupancyGrp/ProgramServicesAmt0445141
IRS990/OccupancyGrp/TotalAmt0523695
IRS990/OfficeExpensesGrp/ProgramServicesAmt011360
IRS990/OfficeExpensesGrp/TotalAmt011360
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt034178
IRS990/OtherAssetsTotalGrp/EOYAmt050748
IRS990/OtherChangesInNetAssetsAmt01
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt012812
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt072603
IRS990/OtherEmployeeBenefitsGrp/TotalAmt085415
IRS990/OtherExpensesGrp/Desc0Training
IRS990/OtherExpensesGrp/Desc1Equipment Rental
IRS990/OtherExpensesGrp/Desc2Filing Fees
IRS990/OtherExpensesGrp/Desc3Utilities
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0602
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1556
IRS990/OtherExpensesGrp/ProgramServicesAmt02772
IRS990/OtherExpensesGrp/ProgramServicesAmt13412
IRS990/OtherExpensesGrp/ProgramServicesAmt231098
IRS990/OtherExpensesGrp/TotalAmt02772
IRS990/OtherExpensesGrp/TotalAmt14014
IRS990/OtherExpensesGrp/TotalAmt2556
IRS990/OtherExpensesGrp/TotalAmt331098
IRS990/OtherLiabilitiesGrp/BOYAmt0219002
IRS990/OtherLiabilitiesGrp/EOYAmt02752865
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0862263
IRS990/OtherSalariesAndWagesGrp/TotalAmt0862263
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt0100135
IRS990/PayrollTaxesGrp/TotalAmt0100135
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt09788
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt044086
IRS990/PrincipalOfficerNm0Lauren Weeks
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/Desc0PRESCHOOL TUITION
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01938775
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01938775
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0215564
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0643444
IRS990/PYOtherRevenueAmt039216
IRS990/PYProgramServiceRevenueAmt01584832
IRS990/PYRevenuesLessExpensesAmt0-54372
IRS990/PYSalariesCompEmpBnftPaidAmt01250540
IRS990/PYTotalExpensesAmt01893984
IRS990/PYTotalRevenueAmt01839612
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0253029
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0258651
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01938775
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt093
IRS990ScheduleD/ExpensesSubtotalAmt02264355
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt034178
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt116570
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Deposit
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Unbilled Revenue
IRS990ScheduleD/OtherExpensesNotIncludedAmt093
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0325795
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0157677
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0483472
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt069959
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt15673
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22650605
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt326628
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Payroll Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Credit Card Liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Lease Obligation Long Term Portion
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3Accrued Expenses
IRS990ScheduleD/OtherRevenuesNotIncludedAmt093
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt093
IRS990ScheduleD/RevenueSubtotalAmt02517384
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Audited financial statements have reduced the interest income of $93 by offsetting interest expense of $93.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Audited financial statements have reduced the interest expense of $93 by offsetting interest income of $93.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Other revenues included on Form 990 (Part XI, line 4b)
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Other expenses included on Form 990 (Part XII, line 4b)
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0325795
IRS990ScheduleD/TotalBookValueOtherAssetsAmt050748
IRS990ScheduleD/TotalExpensesPerForm990Amt02264448
IRS990ScheduleD/TotalLiabilityAmt02752865
IRS990ScheduleD/TotalRevenuePerForm990Amt02517477
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02517384
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02264355
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
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0220839
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Lauren Weeks
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0Executive Director
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0220839
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0TheFUSEProgram LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1Hodnett Home Enhancements LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0Entity owned 100 by Lauren Weeks
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1Entity owned by K Hodnetts Husband
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0222561
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt128235
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0Sublease of Program Space
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1Construction work for improvements to space
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A copy is shared after being reviewed by the organizations accountants.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FUSE 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/ExplanationTxt2Financial Statements and Tax return available to public uppon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3There is a $1 rounding difference.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0true
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/SupplementalInformationDetail/ExplanationTxt0Entity sublets space to the Executive Directors Corporation at fair market value determined by the space used and the time used in a month.
IRS990ScheduleR/SupplementalInformationDetail/FormAndLineReferenceDesc0General Explanation Attachment
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0431741
IRS990/TotalAssetsEOYAmt03210783
IRS990/TotalAssetsGrp/BOYAmt0431741
IRS990/TotalAssetsGrp/EOYAmt03210783
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt0319958
IRS990/TotalEmployeeCnt038
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0268440
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01996008
IRS990/TotalFunctionalExpensesGrp/TotalAmt02264448
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0356620
IRS990/TotalLiabilitiesEOYAmt02882632
IRS990/TotalLiabilitiesGrp/BOYAmt0356620
IRS990/TotalLiabilitiesGrp/EOYAmt02882632
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt075121
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0328151
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01996008
IRS990/TotalProgramServiceRevenueAmt01938775
IRS990/TotalReportableCompFromOrgAmt0336097
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02197519
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02517477
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0431741
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03210783
IRS990/TotReportableCompRltdOrgAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,210,783
Liabilities
$2,882,632
Net assets
$328,151
Revenue
$2,517,477
Expenses
$2,264,448
Net income
$253,029
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