Fusion Films Inc
EIN: 461541779 · Pleasant Gdn, NC · NTEE: A31
| Metric | Value |
|---|---|
| Total Revenue | $579K |
| Total Expenses | $165K |
| Net Assets | $28K |
Is Fusion Films Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Fusion Films Inc
Fusion Films Inc (EIN: 461541779) is a nonprofit organization based in Pleasant Gdn, NC, classified under NTEE code A31. The organization reported total revenue of $579K and total assets of $354K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fusion Films Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fusion Films Inc is a small nonprofit that has been operating for 1 years, with 5 years of IRS 990 filings on record (2013–2017). Revenue has grown at a compound annual rate of 21.4%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $162K |
| Total Expenses | $165K |
| Surplus / Deficit | $-2,850 |
| Total Assets | $33K |
| Total Liabilities | $4K |
| Net Assets | $28K |
| Operating Margin | -1.8% |
| Debt-to-Asset Ratio | 13.2% |
| Months of Reserves | 2.4 months |
Financial Health Grade: C
In 2017, Fusion Films Inc reported a deficit of $3K with expenses exceeding revenue, holds 2.4 months of operating reserves (limited), has a debt-to-asset ratio of 13.2% (very low leverage).
Financial Trends
Over 5 years of filings (2013–2017), Fusion Films Inc's revenue has grown at a compound annual growth rate (CAGR) of 21.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -6.1% | +4.8% | -1.2% |
| 2016 | +64.4% | +33.2% | +83.9% |
| 2015 | -25.0% | -2.8% | -38.5% |
| 2014 | +87.4% | +90.9% | +166.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2025 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fusion Films Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Fusion Films Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 13.2%.
Frequently Asked Questions about Fusion Films Inc
Is Fusion Films Inc a legitimate charity?
Fusion Films Inc (EIN: 461541779) is a registered tax-exempt nonprofit based in North Carolina. It has 5 years of IRS 990 filings on record. Total revenue: $579K. No red flags identified. Financial health grade: C.
How does Fusion Films Inc spend its money?
Fusion Films Inc reported $579K in total revenue in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Fusion Films Inc tax-deductible?
Fusion Films Inc is registered as a tax-exempt nonprofit (EIN: 461541779). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fusion Films Inc located?
Fusion Films Inc is headquartered in Pleasant Gdn, North Carolina and files with the IRS under EIN 461541779. It is classified under NTEE code A31.
How many years of IRS 990 filings does Fusion Films Inc have?
Fusion Films Inc has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $579K in total revenue.
Filing History
IRS 990 filing history for Fusion Films Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2013–2017), Fusion Films Inc's revenue has grown by 117.1%, moving from $75K to $162K. Total assets increased by 198.1% over the same period, from $11K to $33K. Total functional expenses rose by 158.9%, from $64K to $165K. In its most recent filing year (2017), Fusion Films Inc reported a deficit of $3K, with expenses exceeding revenue. The organization holds $4K in liabilities against $33K in assets (debt-to-asset ratio: 13.2%), resulting in net assets of $28K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $162K | $165K | $33K | $4K | — | View 990 |
| 2016 | $173K | $158K | $33K | $2K | — | — |
| 2015 | $105K | $118K | $18K | $2K | — | View 990 |
| 2014 | $140K | $122K | $29K | $0 | — | View 990 |
| 2013 | $75K | $64K | $11K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $162K, expenses of $165K, and assets of $33K (revenue -6.1% year-over-year).
- 2016: Revenue of $173K, expenses of $158K, and assets of $33K (revenue +64.4% year-over-year).
- 2015: Revenue of $105K, expenses of $118K, and assets of $18K (revenue -25.0% year-over-year).
- 2014: Revenue of $140K, expenses of $122K, and assets of $29K (revenue +87.4% year-over-year).
- 2013: Revenue of $75K, expenses of $64K, and assets of $11K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fusion Films Inc:
Data Sources and Methodology
This transparency report for Fusion Films Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.