Unite Life

EIN: 472180553 501(c)(3) Religion

McKinney, TX

Total Revenue
$1,792,843
Total Expenses
$2,459,675
Total Assets
$9,946
Net Assets
$-298,462
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
TX
Principal Officer
Dwayne Stoltzfus
Phone
4694809399
Tax Period
2023-01-01 to 2023-12-31

Unite Life, founded in 2014, is a community nonprofit in the Religion sector that reported $1.8M in total revenue in fiscal year 2023. Revenue fell 60% from the prior year — a significant decline worth monitoring. Expenses of $2.5M exceeded revenue, resulting in a 37% operating deficit.

Mission

ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES UNITE LIFE IS FOCUSED ON GIVING EVERY PERSON THE OPPORTUNITY TO CONNECT WITH HEALTHY CHRISTIAN COMMUNITY. WE PARTNER WITH CHURCHES AND MINISTRIES TO CONNECT WITH PEOPLE WHO ARE SEARCHING ONLINE FOR ANSWERS ABOUT GOD OR A CHURCH HOME. UNITE LIFE IS FOCUSED ON GIVING EVERY PERSON THE OPPORTUNITY TO CONNECT WITH HEALTHY CHRISTIAN COMMUNITY. WE PARTNER WITH CHURCHES AND MINISTRIES TO CONNECT WITH PEOPLE WHO ARE SEARCHING ONLINE FOR ANSWERS ABOUT GOD OR A CHURCH HOME

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,136,147
Program Service Revenue $656,696
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,792,843

Expense Breakdown

Grants Paid $0
Salaries & Benefits $624,439
Fundraising Expenses $0
Program Expenses $2,450,167
Other Expenses $1,835,236
TOTAL EXPENSES $2,459,675

Year-over-Year Comparison

2023 2022 Change
Revenue $1,792,843 $4,512,518 -0.6%
Expenses $2,459,675 $4,598,544 -0.5%
Net Income $-666,832 $-86,026 +6.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
12
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$101,115
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Dwayne Stoltzfus Board Chair 40.00
Officer
$101,115 $0 $101,115
Paul Griener Board Member 2.00
Director
$0 $0 $0
Cherice Stoltzfus Board Member 2.00
Director
$0 $0 $0
Cory Rankin VP of Production 40.00
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,792,843 $2,459,675 $9,946 $-666,832
2022 $4,512,518 $4,598,544 $488,432 $-86,026
2021 $2,943,777 $2,977,400 $637,585 $-33,623
2020 $2,159,794 $1,786,514 $555,385 $373,280
2019 $1,158,767 $1,157,995 $175,859 $772
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