DESTINATION INNOVATION INC (EIN 831667906) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

MARQUETTA ATKINS-WOODS

Phone

3163024702

Tax Period

2024-01-01 to 2024-12-31

DESTINATION INNOVATION INC, founded in 2018, is a community nonprofit in the Community Improvement sector that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 61% from the prior year, signaling strong growth momentum. Expenses of $1.1M left a modest 7% surplus.

Mission

ALIGNING BOLDLY-RESILIENT YOUNG PEOPLE WITH THE TOOLS AND MINDSET TO MOVE COURAGEOUSLY, WITH PURPOSE AND DISCIPLINE, TO ACTIVATE UNDERSERVED COMMUNITIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,217,876

Program Service Revenue $0

Investment Income $3,103

Other Revenue $0

TOTAL REVENUE $1,220,979

Expense Breakdown

Grants Paid $0

Salaries & Benefits $739,049

Fundraising Expenses $0

Program Expenses $860,892

Other Expenses $398,354

TOTAL EXPENSES $1,137,403

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,220,979	$756,983	+0.6%
Expenses	$1,137,403	$800,699	+0.4%
Net Income	$83,576	$-43,716	-2.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✓ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$90,643

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARQUETTA ATKINS-WOODS	EXECUTIVE DI	40.00	Officer	$90,643	$0	$90,643
ANGELA BAKER	MEMBER	0.50	Director	$0	$0	$0
MALAKIA BELL	MEMBER	0.50	Director	$0	$0	$0
NICK FLORES	MEMBER	0.50	Director	$0	$0	$0
MIKE FONKERT	MEMBER	0.50	Director	$0	$0	$0
SAWYER HOBBS	SECRETARY	0.50	Director	$0	$0	$0
NADINE LONG	VICE PRESIDE	0.50	Director	$0	$0	$0
FABRICE METAN	TREASURER	0.50	Director	$0	$0	$0
JILL MILLER	MEMBER	0.50	Director	$0	$0	$0
ANGIE SCOTT	MEMBER	0.50	Director	$0	$0	$0
DR MICHELLE VANN	MEMBER	0.50	Director	$0	$0	$0
NGOC VUONG	MEMBER	0.50	Director	$0	$0	$0
BRANDY WILLETT	PRESIDENT	0.50	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$1,220,979	$1,137,403	$145,452	$83,576
2023	$756,983	$800,699	$127,605	$-43,716
2022	$846,741	$706,061	$168,380	$140,680
2021	$473,020	$467,534	$160,808	$5,486
2021	$473,020	$467,533	$160,808	$5,487

DESTINATION INNOVATION INC