Civic Intelligence

Destiny Foundation Inc.

990EZ • Fiscal year 2022 • EIN 46-5070438

Jan 01, 2022 to Dec 31, 2022 • Filed on Jun 06, 2023

Organization ProfileN/A
1203 Wilshire CTAllen, TX 75002

(469) 867-1166

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

4th percentile

-194%

Higher net margin than 4% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

3rd percentile

-91%

Faster revenue growth than 3% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $5,871 (-100%) from 2021

Net Assets

Up

$5,483

Up $3,972 (+263%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin4th percentile

Revenue

Down

$200

Down $2,145 (-91%) from 2021

Expenses

Down

$588

Down $16,834 (-97%) from 2021

Net Income

Up

-$388

Up $14,689 (+97%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20K$15K$10K$5.0K$0-$5.0KAssets 2017: $1Liabilities 2017: $0Net Assets 2017: $02017Assets 2019: $1Liabilities 2019: $02019Assets 2020: $16,588Net Assets 2020: $16,5872020Assets 2021: $5,871Net Assets 2021: $1,5112021Assets 2022: $0Net Assets 2022: $5,4832022Assets 2023: $0Net Assets 2023: -$472023

Highlighted filing

2022

Assets$0
Liabilities-
Net Assets$5,483
Open 2022 Filing

Operations Trend

Revenue Growth3rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20K$10K$0-$10K-$20KRevenue 2017: $2,100Expenses 2017: $0Net Income 2017: $2,1002017Revenue 2019: $2,905Expenses 2019: $2,111Net Income 2019: $7942019Revenue 2020: $10,820Expenses 2020: $3,344Net Income 2020: $7,4762020Revenue 2021: $2,345Expenses 2021: $17,422Net Income 2021: -$15,0772021Revenue 2022: $200Expenses 2022: $588Net Income 2022: -$3882022Revenue 2023: $1,067Expenses 2023: $1,114Net Income 2023: -$472023

Highlighted filing

2022

Revenue$200
Expenses$588
Net Income-$388
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Jun 6, 2023
Return Version
2022v5.0
Gross Receipts
$200
Mission and Program Overview

Mission

Building houses to the destitute widows.

Program Services

DescriptionGrantsExpenses
BUILDING HOUSES TO THE DESTITUTE WIDOWS.--
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KELECHI OGBUEHIPresident-$0--
Filing and Contact Details

Filer

Filer Name
Destiny Foundation Inc
EIN
46-5070438
Address
1203 WILSHIRE CT, ALLEN, TX 75002

Signing Officer

Name
Kelechi Ogbuehi
Title
President
Signed
2023-06-06
Discuss with paid preparer
Yes

Preparer

Firm
Zubic Business Solutions
Address
8330 LBJ FREEWAY STE 680, DALLAS, TX 75243
Preparer
Uchenna Onyekwelu CPA
Phone
4697337278
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $12”

Other Expenses.1

“WEB SERVICES $100”

Other Expenses.2

“SOFTWARE EXPENSE $76”

Raw XML Appendix120 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0KELECHI OGBUEHI
IRS990EZ/BooksInCareOfDetail/PhoneNum04698671166
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01203 WILSHIRE CT
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ALLEN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd075002
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt05871
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0200
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-388
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0400
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt05871
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0200
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt05871
IRS990EZ/NetAssetsOrFundBalancesEOYAmt05483
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt05871
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KELECHI OGBUEHI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0188
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0BUILDING HOUSES TO THE DESTITUTE WIDOWS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0BUILDING HOUSES TO THE DESTITUTE WIDOWS.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0588
IRS990EZ/TotalRevenueAmt0200
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0200
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02345
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt010820
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt013365
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt013365
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0200
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02345
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt010820
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt013365
IRS990ScheduleA/TotalSupportAmt013365
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $12
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WEB SERVICES $100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SOFTWARE EXPENSE $76
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KELECHI OGBUEHI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-06-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DESTINY FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0DEST
ReturnHeader/Filer/EIN0465070438
ReturnHeader/Filer/USAddress/AddressLine1Txt01203 WILSHIRE CT
ReturnHeader/Filer/USAddress/CityNm0ALLEN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075002
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Zubic Business Solutions
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08330 LBJ FREEWAY STE 680
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DALLAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd075243
ReturnHeader/PreparerPersonGrp/PhoneNum04697337278
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Uchenna Onyekwelu CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-06-06T11:07:36-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KELECHI
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0OGBUEHI
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
-
Net assets
$5,483
Revenue
$200
Expenses
$588
Net income
-$388
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.05$1.07$1.11$0.05
2022Detailed filing. Detailed filing data is available for this year.$0.00$5.48$0.20$0.59$0.39
2021Detailed filing. Detailed filing data is available for this year.$5.87$1.51$2.35$17.4$15.1
2020Detailed filing. Detailed filing data is available for this year.$16.6$16.6$10.8$3.34$7.48
2019Summary only. Only limited summary data is available for this year.$0.00$0.00$2.91$2.11$0.79
2017Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$2.10$0.00$2.10