Fusion Global Inc

Nonprofit profile at a glance

EIN
475619402
IRS 990 coverage
2016–2024
Forms available
Form 990 2024, Form 990-N 2015
Location
North Hollywood, CA, USA
Phone
8184232429
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Affiliation
Christianity

Official website

Reported finances

Revenue
$3,150,984
Expenses
$2,420,455
Assets
$2,917,468
Liabilities
$857,558

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • JASON SOBEL (PRESIDENT)

Highest reported compensation

  • JASON SOBEL (PRESIDENT): $243,613 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is to spark connections between the old and the new that cause jesus (yeshua) and the word to come alive in new ways that equip people to live the fusion way.

What it reported doing in 2024

Transformation starts with us: the fusion message is personal. Your life and faith thrive when you: -rediscover your roots -restore your inheritance -revitalize your relationships rabbi jason takes you through scriptures, prophecies fulfilled, and the significance of hebrew words, numbers, and holidays to help you experience clarity of identity and purpose. We want everyone, jew and gentile, to experience the transformational journey we call the fusion way. From a message to a movement: the fusion message is a needed global message. The global call is for everyone to experience john 17 unity. Jesus prayed that "jewish disciples- and "gentile disciples" would be one as he and the father are one. That's what fusion is all about. It's only when gentile and jew alike come together and unite in the messiah, his son, that god's plan for all of humanity falls into place. Because of the exposure in 2017 with kathy lee gifford's book, fusion global and rabbi jason had the opportunity to take the fusion message to the masses. The fusion way-online class platform: fusion online classes teach about the bible from a jewish roots perspective with an emphasis on the life of jesus, how the old and new testaments connect, the importance of uniting gentile and jew, god's plan for israel, and how to share messiah with jewish friends.

Operating model

Revenue model
Donor-supported. 85% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 79
  • Accountability: 84
  • Sustainability: 58
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76.3%; rating input score 76
  • Program expense ratio: 97.9%; rating input score 98
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 23.2%; rating input score 80; 80th percentile among comparable filings
  • Total-asset coverage ratio: 1.21; rating input score 44; 44th percentile among comparable filings
  • Liabilities to assets ratio: 0.29; rating input score 35; 35th percentile among comparable filings
  • Officer compensation ratio: 10.1%; rating input score 30; 30th percentile among comparable filings

Growth

  • Program expense growth: 22.7% per year; rating input score 100; 88th percentile among comparable filings
  • Revenue growth: 25.6% per year; rating input score 100; 92nd percentile among comparable filings
  • Asset growth: 39.2% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 76.3% of revenue deployed · 97.9% of spending went to programs
  • Governance: 5 of 5 board members independent · 5 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $2.4M in reported program spending
  • Leadership: top reported pay $244K · 5 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 31 of 31 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 8 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 44/100.
  • Moderate — Sustainability: Officer compensation ratio scored 30/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 35/100.