Form 990 for tax year 2025
Filed by FUSION ACADEMY SCHOLARSHIP FOUNDATION.
Totals
- Total revenue
- $234,161
- Total expenses
- $117,953
- Contributions and grants received
- $234,161
- Grants paid
- $100,000
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $665,697
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $665,697
- Program services expenses (Part IX)
- $107,749
- Management and general expenses
- $10,204
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $107,749
Program services were 91.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$234,161
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $100,000 · program services $100,000
-
13 · Office expenses
total $15,498 · program services $7,749 · management and general $7,749
-
24a · Other expenses: MERCHANT FEES
total $2,455 · management and general $2,455
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $549,489 · end of year $665,697
-
27 · Net assets without donor restrictions
beginning of year $549,489 · end of year $665,697
Mission and programs · 2025
Mission
THE FUSION SCHOLARSHIP FOUNDATION IS COMMITTED TO CHANGING LIVES THROUGH EDUCATION. FOUNDED BY A DEDICATED COMMUNITY OF PARENTS, OUR MISSION IS TO PROVIDE ACCESSIBILITY TO FUSION'S PERSONALIZED LEARNING ENVIRONMENT TO THOSE WHO LACK THE FINANCIAL RESOURCES TO ATTEND. WE'RE WORKING TO MAKE FUSION'S LIFE CHANGING EDUCATIONAL EXPERIENCE POSSIBLE FOR FAMILIES WITH LIMITED RESOURCES SO THAT MORE STUDENTS HAVE THE OPPORTUNITY TO FLOURISH
Activities or mission (Part I)
FUSION ACADEMY SCHOLARSHIP FOUNDATION SEEKS TO PROVIDE A LIFE-CHANGING EXPERIENCE TO STUDENTS WHO DESPERATELY NEED THE BENEFITS OF PERSONALIZED EDUCATION BUT LACK THE RESOURCES TO PAY FOR IT.
-
FUSION ACADEMY SCHOLARSHIP FOUNDATION FUNDS THE GREATER HOUSTON COMMUNITY FOUNDATION WHO THEN AWARDS SCHOLARSHIPS TO STUDENTS THROUGHOUT THE COUNTRY TO PROVIDE A LIFE-CHANGING EXPERIENCE TO STUDENTS IN NEED.
Expenses $107,749 · Grants $100,000
As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Jan FielderJAN FIELDER
PRESIDENT
- Total calculated
- $107,154
- From this org
- $0
- From related orgs
- $107,154
- Other
- $0
- Hours/week
- 40
-
Robin StorferROBIN STORFER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Susan MordecaiSUSAN MORDECAI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Shea JamesSHEA JAMES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Venessa KayrellVENESSA KAYRELL
SECRETARY
- Total calculated
- $0
- Hours/week
- 10
-
Susan SaxeSUSAN SAXE
TREASURER
- Total calculated
- $0
- Hours/week
- 10
-
Jennifer PavanJENNIFER PAVAN
BOARD MEMBER - PART YEAR
- Total calculated
- $0
- Hours/week
- 10
-
Randy EisenmanRANDY EISENMAN
BOARD MEMBER - PART YEAR
- Total calculated
- $0
- Hours/week
- 10
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
GREATER HOUSTON COMMUNITY FOUNDATION
$100,000
DONATIONS TO THE GREATER HOUSTON COMMUNITY FOUNDATION WHO WILL THEN IN TURN HELP REVIEW APPLICATIONS AND PROVIDE POSSIBLE SCHOLARSHIP FUNDING TO FUSION STUDENTS IN THE FUTURE. THE PURPOSE OF THESE GRANTS IS TO FACILITATE THE ADMNISTRATION OF THE SCHOLARSHIP PROGRAM.
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 14 May 2026
- IRS schema version
- 2025v4.1
- Source object
- 202611359349304211
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