GENEROUS LIFE INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

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.

Program Service Accomplishments

Program 1

Expenses: $683,965

Generous.Life is a platform intended to reach, transform, and serve LEADERS IN COMMUNITIES ACCROSS THE COUNTRY BY MAXIMIZING THE SOCIAL IMPACT OF THE CHARITABLE CAPITAL THEY RECEIVE AND INCREASE THE...

Program 2

Expenses: $542,177

GENEROSITY NEW YORK CREATES EXPERIENCES AROUND CHARITABLE GIVING THAT ARE FUN, INFORMED, AND EXPERIENTIAL THAT ARE MEANT TO UNLOCK THE JOY OF GENEROSITY FOR TODAY'S GIVER. THESE EXPERIENCES ARE...

GENEROSITY NEW YORK CREATES EXPERIENCES AROUND CHARITABLE GIVING THAT ARE FUN, INFORMED, AND EXPERIENTIAL THAT ARE MEANT TO UNLOCK THE JOY OF GENEROSITY FOR TODAY'S GIVER. THESE EXPERIENCES ARE DELIVERED IN 3 WAYS: 1) CURATED EVENTS THAT PROVIDE A SPACE FOR SAFE, INTELLECTUAL, EXCLUSIVE, AND EXPERIENTIAL LEARNING AND DEVELOPMENT; 2) UNIQUE CONTENT THAT IS RELEVANT, CUTTING EDGE, AND ENTERTAINING EQUIPPING FAMILIES WITH INFORMATION ON WHY TO GIVE, HOW TO GIVE WELL, AND WHERE TO GIVE FOR MAXIMUM IMPACT; 3) PHILANTHROPIC COUNSEL THAT IS SOPHISTICATED AND CUSTOMIZED TO EACH FAMILY, REPRESENTING SOLUTIONS TO MAXIMIZE FAMILY LEGACY AND IMPACT.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

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