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Michigan · Nonprofit

FUSION ACADEMY SCHOLARSHIP FOUNDATION

FUSION ACADEMY SCHOLARSHIP FOUNDATION (Michigan) receives grants from 19 organizations whose IRS filings report $491,446 to it, the largest being MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC ($100,000). 6 of them have funded it in more than one year, and 52% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$234k
Funders on record
19
Grants received
$491k
Net assets
$666k
6/19 repeat funderspeak grant-dependency 44%
01What it does

What Fusion Academy Scholarship Foundation does

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

As stated on its FY2025 Form 990.

Program

  1. 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.

    $107,749 spentof which $100,000 as grants
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $107,749.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($183k) Expenses 100 ($17k) Net assets 100 ($726k)2021 Revenue 134 ($246k) Expenses 552 ($94k) Net assets 121 ($878k)2022 Revenue 95 ($174k) Expenses 1199 ($203k) Net assets 117 ($849k)2023 Revenue 159 ($291k) Expenses 2253 ($382k) Net assets 104 ($753k)2024 Revenue 81 ($148k) Expenses 2091 ($354k) Net assets 76 ($549k)2025 Revenue 128 ($234k) Expenses 696 ($118k) Net assets 92 ($666k)
202020212022202320242025
Revenue (128)Expenses (696)Net assets (92)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $753k to $549k (−27%).

$726k
$878k
$849k
$753k
$549k
$666k
202020212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2023
2024
2025
ContributionsProgram revenueInvestmentOther

100% of FUSION ACADEMY SCHOLARSHIP FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (18% for the typical peer).

This organization
Typical peer · 16,168 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 3 reported years ran a deficit.

’20
’21
’22
−$91k
’23
−$206k
’24
$116k
’25
68
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

202020212022202320242025
Listed886678
Joined·+1+3+0+2+1
No longer listed·15010
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 2 funders to 8 funders, grant income rose $20k → $122k.

7 of 19 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 52% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of FUSION ACADEMY SCHOLARSHIP FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

FUSION ACADEMY SCHOLARSHIP FOUNDATION has a broad base — no single funder exceeds 20% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

52% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FUSION ACADEMY SCHOLARSHIP FOUNDATION.

20%
largest funder
50%
top three
~9
effective funders

Largest funder’s share by year: 2017 50% · 2018 48% · 2019 77% · 2020 53% · 2021 56% · 2022 32% · 2023 41% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

22% of FUSION ACADEMY SCHOLARSHIP FOUNDATION's funders are still giving 3 years after their first grant; 32% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

52% of FUSION ACADEMY SCHOLARSHIP FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $238k that is directly attributable, 100% of it comes from funders outside Michigan, across 9 states.

IL
NY
MA
CT
CA
DE
AZ
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Michigan out of state home

Funder states come from each funder’s own filing. $254k arriving through sponsors registered in 7 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

FUSION ACADEMY SCHOLARSHIP FOUNDATION runs a healthier operating margin than three-quarters of the 10,453 recreation & sports nonprofits its size.

Operating margin50% · top quartile
Months of reserve67.7mo · top quartile
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 10,453 recreation & sports nonprofits $100k–$1M, FY2025

Organizations like FUSION ACADEMY SCHOLARSHIP FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Michigan

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

91% of spending goes to programs.

Program 91%Management 9%Fundraising 0%

Governance

6
board members
83%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

75%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MI

Screen this organization

A dated, signed PDF of the compliance screen for FUSION ACADEMY SCHOLARSHIP FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FUSION ACADEMY SCHOLARSHIP FOUNDATION?
FUSION ACADEMY SCHOLARSHIP FOUNDATION (Michigan) receives grants from 19 organizations whose IRS filings report $491,446 to it, the largest being MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC ($100,000). 6 of them have funded it in more than one year, and 52% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does FUSION ACADEMY SCHOLARSHIP FOUNDATION have?
IRS filings report 19 organizations giving $491,446 in grants to FUSION ACADEMY SCHOLARSHIP FOUNDATION, 6 of which have funded it in more than one year.
Who is the largest funder of FUSION ACADEMY SCHOLARSHIP FOUNDATION?
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC is the largest funder on record, with $100,000 in grants. The full list of funders is on this page.
How can an organization like FUSION ACADEMY SCHOLARSHIP FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Michigan. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 19 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing