Civic Intelligence

Destiny Steps Inc

EIN 81-2626187 • 501(c)3 • Indianapolis, IN

Profile

The Organization shall be organized and operated exclusively for charitable purposes and other programs and projects as are described in §§ 170(c)(2)(B), 501(c)(3), 2055(a)(2), and 2522(a)(2) of the Internal Revenue Code of 1986, as amended (the "Code"), or corresponding provisions of any subsequent federal tax laws. The Organization principally exists to (a) provide training services for early childhood educators, including for those who cannot otherwise afford the training; (b) provide training sufficient to allow child care providers to obtain the minimum necessary qualifications; as well as; (c) provide high school equivalency training and direct social services for disadvantaged; (d) and pursue any other purpose permitted to be pursued by a charity (or, by a private foundation should this organization ever become a private foundation), as the term is defined in 26 USC §§ 501(a) and (c)(3) and associated regulations, as each may from time to time be amended.

6302 Rucker Rd Ste KIndianapolis, IN 46220

www.destinystepsinc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

51st percentile

1.8%

Higher net margin than 51% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

85th percentile

$10,935

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 14.3% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

78th percentile

24%

Faster asset growth than 78% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

98th percentile

520%

Faster revenue growth than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$7,266

Up $1,400 (+24%) from 2020

Liabilities

Flat

$0

Flat from 2020

Net Assets

$7,266

No earlier filing loaded for comparison.

Revenue

Up

$76,605

Up $64,246 (+520%) from 2020

Expenses

Up

$75,205

Up $68,712 (+1058%) from 2020

Net Income

Down

$1,400

Down $4,466 (-76%) from 2020

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0K$6.0K$4.0K$2.0K$0Assets 2020: $5,866Liabilities 2020: $02020Assets 2021: $7,266Liabilities 2021: $0Net Assets 2021: $7,2662021

Highlighted filing

2021

Assets$7,266
Liabilities$0
Net Assets$7,266

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$80K$60K$40K$20K$0Revenue 2020: $12,359Expenses 2020: $6,493Net Income 2020: $5,8662020Revenue 2021: $76,605Expenses 2021: $75,205Net Income 2021: $1,4002021

Highlighted filing

2021

Revenue$76,605
Expenses$75,205
Net Income$1,400

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Apr 18, 2022
Return Version
2021v4.0
Gross Receipts
$76,605
Mission and Program Overview

Mission

The Organization shall be organized and operated exclusively for charitable purposes and other programs and projects as are described in §§ 170(c)(2)(B), 501(c)(3), 2055(a)(2), and 2522(a)(2) of the Internal Revenue Code of 1986, as amended (the "Code"), or corresponding provisions of any subsequent federal tax laws. The Organization principally exists to (a) provide training services for early childhood educators, including for those who cannot otherwise afford the training; (b) provide training sufficient to allow child care providers to obtain the minimum necessary qualifications; as well as; (c) provide high school equivalency training and direct social services for disadvantaged; (d) and pursue any other purpose permitted to be pursued by a charity (or, by a private foundation should this organization ever become a private foundation), as the term is defined in 26 USC §§ 501(a) and (c)(3) and associated regulations, as each may from time to time be amended.

Program Services

DescriptionGrantsExpenses
ONLINE CDA TRAINING CLASS- Provided Child Development Associate (CDA) training for 31 individuals. 45% of the individuals enrolled received their Child Development Associate (CDA) Credential. 69% of the individuals enrolled completed 120 or more hours of Early Childhood Education Course Work. 36% of students who received their CDA credential, received a Spanish CDA Credential.$50,000$50,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sherita NewbernExecutive DirectorPT$10,935-$10,935
Martha IntriagoOnline CDA InstructorPT$8,925-$8,925
Filing and Contact Details

Filer

Filer Name
Destiny Steps Inc
EIN
81-2626187
Phone
3179980293
Address
6302 Rucker Rd Ste K, Indianapolis, IN 46220

Signing Officer

Name
Sherita Newbern
Title
Executive Director
Phone
3179980293
Signed
2022-04-18
Supplemental Narrative

Additional Explanations

Part I, Line 16

Online CDA Course Supplies $544.00 Online Course Subscription Fee $3,208.00 CDA Application Fees $4,250.00 CDA Books/Shipping $3,590.00

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