Changing Destiny Project EIN 46-4409961

Changing Destiny Project FY2022 filing

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Empowering and educating vulnerable women and children facing abuse, neglect, trafficking, poverty, and lack of education. For fiscal year 2022 it reported $598K in revenue, $720K in expenses, and $424K in net assets.Pt I

Type
Public foundation / grantmaker · Foundations & Grantmakers
Location
Houston, TX
Website
changingdestiny.org
Filings
5 on file (2020–2022)
Revenue
$598KFY2022
Expenses
$720K
Net assets
$424K
People
6
Filings
5
Updates
0
More identity details & actions ⌄
EIN  46-4409961 Public foundation / grantmaker Houston, TX
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Empowering and educating vulnerable women and children facing abuse, neglect, trafficking, poverty, and lack of education.
Leadership
Patty Adams · Director
Money in and out
$598K revenue, $720K expenses
Grants paid & assets · FY2022
Total revenue
$598K
Pt VIII · Ln 12
Total expenses
$720K
Pt IX · Ln 25
Net assets
$424K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$121K
Where spending went · Part IX cols B–D
Program services $0.82 Management & general $0.15 Fundraising $0.03

Summary of the Filing

Part I · fiscal year 2022 · Form 990-T
Revenue
$598K
FY2022▲ +10%
Expenses
$720K
FY2022▲ +44%
Total assets
$424K
FY2022▼ -21%
Total liabilities
$0
FY2022
Total revenue
$598K
Pt VIII · Ln 12
Total expenses
$720K
Pt IX · Ln 25
Net assets
$424K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$121K
Total assetsPt X · Ln 16$424K
Program-expense ratioPt IX · col B82%
Voting members of governing bodyPt I · Ln 34
Independent voting membersPt I · Ln 44
Mission & Programs · Part III

Where the work happens

3 program services account for $579K of program spending, described in the organization's own filed words · FY2022.
01

School Project/ Children

In 2022, changing destiny project educated 119 students consisting of 77 girls and 42 boys between KG and 10TH grades. The ages of the students range from six to 17 years old, with ethnicities of nepali and indian.

$511Kprogram expense
02

Early Childhood Night Care

In 2022, there were an average of 22 babies with an average age of 2.6 years old in night care. They continue to receive shelter, care, education and nourishment.

$57Kprogram expense
03

Beauty Program/ Women

In 2022, three ladies were interested in learning, but two were consistent. Classes operated 2 DAYS/WEEK with beauty training in nails, hair and skin. All three received a certificate at their graduation according to the services they excelled in. None of these students have left their current employment for a salon job.

$11Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CChanging Destiny Project
EINHdr · item D46-4409961
Principal addressHdr · item CHouston, TX
WebsiteHdr · item Jchangingdestiny.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T50)
Ruling yearIRS BMFFeb 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a4
Independent voting membersPt VI · Ln 1b4
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Changing Destiny Project executive salaries →

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Statement of Revenue

Part VIII
Contributions & grants100%$596K
Investment income$109
Other revenue$2K
Total revenueLn 12$598K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.82 Management & general $0.15 Fundraising $0.03
Program services82%$589K
Management & general15%$111K
Fundraising3%$19K
Total functional expensesLn 25$720K

Balance Sheet

Part X · end of year
CashLn 1$423K
Total assetsLn 16$424K
Total liabilitiesLn 26$0
Total net assetsLn 32$424K
Months of cash on handcomputed7.1

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 4 funders$191K
See all 4 funders →
Grants paid · 7 grants · $1.1M · 2020–2023
Eternal Light Ministries INCMA · FY2023$459,619
Eternal Light Ministries INCMA · FY2022$483,846
Eternal Light Ministries INCMA · FY2022$57,141
Eternal Light Ministries INCMA · FY2022$10,820
Wheaton FoundationMS · FY2021$15,000
Wheaton FoundationMS · FY2020$60,010
Eternal Light Ministries INCMA · FY2020$60,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$651K revenue · ⤓ 990 PDF
FY2023$590K revenue · ⤓ 990 PDF
FY2022$598K revenue · viewing · ⤓ 990 PDF
FY2021$542K revenue · ⤓ 990 PDF
FY2020$452K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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