Impactful Life Inc

Nonprofit profile at a glance

EIN
871170264
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-T 2024
Location
Tucson, AZ, USA
Phone
5208583666
Rating confidence
Limited
Sector
Economic Development

Reported finances

Expenses
$2,082
Assets
$18,873
Liabilities
$13,000

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Jay Thorpe (Director President)

People named in this filing

  • Jay Thorpe (Director President)
  • Kim Thorpe (Director)
  • Justin Thorpe (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Incubate for-profit businesses to generate donations to charity.

What it reported doing in 2024

Continued three businesses that Impactful Life incubated for mission, which are Ancient Wisdom LLC, SW Acoustics, and SW Laser Engravers. Impactful Life provided occupancy space and coaching for these entities so they may grow.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 38
  • Transparency & Controls: 100
  • Sustainability: 28
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 9.06; rating input score 70; 70th percentile among comparable filings
  • Liabilities to assets ratio: 0.69; rating input score 16; 16th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 51; 51st percentile among comparable filings

Growth

  • Program expense growth: -48% per year; rating input score 0; 21st percentile among comparable filings
  • Revenue growth: Limited
  • Asset growth: -8.7% per year; rating input score 0; 45th percentile among comparable filings

Details

  • Where the money goes: 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $2K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 4 of 4 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 16/100.
  • Review — Sustainability: Officer compensation ratio scored 51/100.