Exponential Destiny (EIN 873381192) - 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

2021

Legal Domicile

Principal Officer

Marcus Shingles

Phone

3108554480

Tax Period

2024-01-01 to 2024-12-31

Exponential Destiny, founded in 2021, is a small nonprofit in the Human Services sector that reported $126K in total revenue in fiscal year 2024. Revenue fell 60% from the prior year — a significant decline worth monitoring. Expenses of $226K exceeded revenue, resulting in a 80% operating deficit.

Mission

Exponential Destiny is an educational non-profit organization primarily founded and led by youth entrepreneurs from low-income and marginalized communities exploring the untapped potential and power of emerging digital innovations and tools (i.e., virtual reality, ChatGPT) to deliver transformative educational impact, societal value, and positive change, especially in 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 $30,000

Program Service Revenue $95,499

Investment Income $0

Other Revenue $329

TOTAL REVENUE $125,828

Expense Breakdown

Grants Paid $0

Salaries & Benefits $8,750

Fundraising Expenses $0

Program Expenses $226,266

Other Expenses $217,516

TOTAL EXPENSES $226,266

Year-over-Year Comparison

	2024	2023	Change
Revenue	$125,828	$316,013	-0.6%
Expenses	$226,266	$191,852	+0.2%
Net Income	$-100,438	$124,161	-1.8%

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

N/A

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

Total Directors

$8,750

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Marcus Shingles	Director, CEO	20.00	Officer Director	$0	$0	$0
Marco Vargas	Director	5.00	Director	$8,750	$0	$8,750
Rewa Udoji	Director	0.25	Director	$0	$0	$0
Adam Stevenson	Treasurer	0.25	Director	$0	$0	$0
Sharon Darling	Director	0.25	Director	$0	$0	$0
Marcela Bailey	Director	0.25	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	$125,828	$226,266	$52,063	$-100,438
2023	$316,013	$191,852	$152,187	$124,161
2022	$473,934	$446,371	$52,045	$27,563

Exponential Destiny