GENEROUS LIFE INC

EIN: 822393529 501(c)(3) Philanthropy & Grantmaking

Ridgefield, CT

Total Revenue
$6,684,617
Total Expenses
$1,439,795
Total Assets
$5,275,721
Net Assets
$5,154,975
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
NY
Principal Officer
TIMOTHY VICKERS
Phone
2013788468
Tax Period
2022-01-01 to 2022-12-31

GENEROUS LIFE INC, founded in 2018, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $6.7M in total revenue in fiscal year 2022. Revenue surged 715% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5.2M, a strong 78% operating margin.

Mission

We strive to multiply charitable resources by inspiring a culture of radical generosity in global markets, starting with New York City. We will awaken the hearts of those with capacity, and teach the next generation to give with purpose.

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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 (2022)

Revenue Breakdown

Contributions & Grants $6,684,617
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $6,684,617

Expense Breakdown

Grants Paid $0
Salaries & Benefits $567,140
Fundraising Expenses $44,159
Program Expenses $1,226,142
Other Expenses $872,655
TOTAL EXPENSES $1,439,795

Year-over-Year Comparison

2022 2021 Change
Revenue $6,684,617 $820,466 +7.1%
Expenses $1,439,795 $832,644 +0.7%
Net Income $5,244,822 $-12,178 -431.7%
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
11
Independent Members
9
Employees
3
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
2
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK PFLUG BOARD MEMBER 1.00
Director
$0 $0 $0
LAURA PFLUG BOARD MEMBER 1.00
Director
$0 $0 $0
JANICE WORTH BOARD MEMBER 1.00
Director
$0 $0 $0
BOB BENTSON BOARD MEMBER 1.00
Director
$0 $0 $0
ED MORGAN BOARD MEMBER 1.00
Director
$0 $0 $0
APRIL SMITH BOARD MEMBER 1.00
Director
$0 $0 $0
GRAHAM SMITH BOARD MEMBER 1.00
Director
$0 $0 $0
DWIGHT JACOBSEN BOARD MEMBER 1.00
Director
$0 $0 $0
SALLY JACOBSEN BOARD MEMBER 1.00
Director
$0 $0 $0
JEFFREY SMITH MANAGING DIR 40.00
Officer
$0 $0 $0
TIMOTHY VICKERS Director 40.00
Officer
$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 No data No data No data No data
2022 No data No data No data No data
2022 No data No data No data No data
2022 $6,684,617 $1,439,795 $5,275,721 $5,244,822
2021 $820,466 $832,644 $51,031 $-12,178
2020 $783,757 $865,709 $100,522 $-81,952
2019 $1,011,231 $1,034,290 $63,658 $-23,059
2018 $708,637 $681,295 $54,667 $27,342
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