Exponential Destiny

EIN: 873381192 501(c)(3) Human Services

Jackson, WY

Total Revenue
$125,828
Total Expenses
$226,266
Total Assets
$52,063
Net Assets
$51,286
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
WY
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

Our mission, which we pursue through research-based field projects, case-study pilots, and peer-to-peer mentorship, is focused on three domains:1. Reimagining education.2. Building awareness & empathy for social causes.3. Upskilling youth in low-income communities.

Program Service Accomplishments

Program 1
Expenses: $226,266 Revenue: $95,828

We mentor and train individuals in low-income and marginalized communities on emerging technologies (AI, the Metaverse and XR technologies) with the goal to upskill them as early-adopters, leveraging...

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We mentor and train individuals in low-income and marginalized communities on emerging technologies (AI, the Metaverse and XR technologies) with the goal to upskill them as early-adopters, leveraging their new competency to create sources of personal income as "Metaverse Entrepreneurs". In addition, our goal is to place these individuals into compensated positions on our own projects we perform for schools and social-impact organizations. The individuals we mentor and upskill are from the actual communities that we work with, and this creates a highly effective peer-to-peer element to our projects; i.e., a student we upskilled who recently graduated from a low-income school is now working with us as a project lead at that same school to help them use XR to transform education and learning.

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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%)

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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

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Governance

Voting Members
6
Independent Members
4
Employees
N/A
Volunteers
5

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
1
$0
Total Directors
6
$8,750
Key Employees
0
$0
Highest Compensated
0
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
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