Nonprofit · EIN 87-3381192
EXPONENTIAL DESTINY
Tax-exempt · JACKSON, WY 83002
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $125,828 | $226,266 | -$100,438 | $52,063 | $777 | $51,286 |
| December 31, 2023 | 990 | $316,013 | $191,852 | $124,161 | $152,187 | $463 | $151,724 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $30,000
- Program service revenue
- $95,499
- Investment income
- $0
- Other revenue
- $329
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $8,750
- Salaries, compensation and benefits (total)
- $8,750
- Professional fundraising fees
- $0
- Travel
- $4,810
- Program services (functional)
- $226,266
Balance sheet and other
- Total assets, start of year
- $152,187
- Total assets, end of year
- $52,063
- Total liabilities, end of year
- $777
- Net assets, end of year
- $51,286
- Net assets without donor restrictions
- $51,286
- Gross receipts
- $125,828
- Employees
- 0
- Volunteers
- 5
- Year formed
- 2021
- State of legal domicile
- WY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Marco Vargas | Director Trustee or director | 5 | $8,750 |
| Marcus Shingles | Director, CEO Trustee or director, Officer | 20 | $0 |
| Rewa Udoji | Director Trustee or director | 0.25 | $0 |
| Adam Stevenson | Treasurer Trustee or director | 0.25 | $0 |
| Sharon Darling | Director Trustee or director | 0.25 | $0 |
| Marcela Bailey | Director Trustee or director | 0.25 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARCUS SHINGLES | DIRECTOR, CE Trustee or director, Officer | – | $0 |
| MARCO VARGAS | DIRECTOR Trustee or director | – | $0 |
| REWA UDOJI | DIRECTOR Trustee or director | – | $0 |
| ADAM STEVENSON | TREASURER Trustee or director | – | $0 |
| SHARON DARLING | DIRECTOR Trustee or director | – | $0 |
| MARCELA BAILEY | DIRECTOR Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 13008, JACKSON, WY 83002-3008
- In care of
- % MARCUS SHINGLES
- Principal officer (990 for 2024)
- Marcus Shingles, PO Box 13008, Jackson, WY 83002
- Signed the 990
- Marcus Shingles, Director
- Phone
- (310) 855-4480
- Website
- www.exponentialdestiny.org
- Return prepared by
- Stam & Associates CPAs
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 accomplishments
- 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.Expenses $226,266 · revenue $95,828
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 87-3381192
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $52,063
- Income (IRS master file)
- $125,828
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $125,828 | $226,266 | $52,063 | XML |
| 990 | December 2023 | $316,013 | $191,852 | $152,187 | XML |
| 990 | December 2022 | $473,934 | $446,371 | $52,045 | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 87-3381192).
Questions about EXPONENTIAL DESTINY
- What is the EIN of EXPONENTIAL DESTINY?
- The employer identification number (EIN) of EXPONENTIAL DESTINY is 87-3381192.
- Is EXPONENTIAL DESTINY tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to EXPONENTIAL DESTINY tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does EXPONENTIAL DESTINY file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of EXPONENTIAL DESTINY due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did EXPONENTIAL DESTINY last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of EXPONENTIAL DESTINY?
- The 990 for the year ended December 31, 2024 names Marcus Shingles.
- Who are the officers and directors of EXPONENTIAL DESTINY?
- The 990 for the year ended December 31, 2024 lists 6 people; 1 received compensation from the organization, the highest $8,750 (Marco Vargas, Director).
- How much revenue does EXPONENTIAL DESTINY have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $125,828, expenses of $226,266 and total assets of $52,063 at year end.
Other nonprofits in JACKSON
- ONE22 INC EIN 74-3104462 · last filed 990 for 2024
- EBOR CHARITABLE TR EIN 83-6582316 · last filed 990-PF for 2024
- SPREAD THE LOVE COMMISSION EIN 47-4855586 · last filed 990 for 2025
- WYOMING IMMIGRANT ADVOCACY PROJECT EIN 92-3894513 · last filed 990 for 2025
- JACKSON HOLE FOOD & WINE EIN 81-3719114 · last filed 990 for 2024
- JACKSON HOLE INTERNATIONAL FILM FESTIVAL EIN 88-1086223 · last filed 990 for 2025
- HONORING OUR VETERANS EIN 26-3266790 · last filed 990 for 2024
- SEALARK EXPLORATION INC EIN 85-2980424 · last filed 990-EZ for 2025