VERBALIFE INC

EIN: 824082942 501(c)(3) Human Services

TOLEDO, OH

Total Revenue
$-81,544
Total Expenses
$71,333
Total Assets
$1,430,875
Net Assets
$829,473
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
OH
Tax Period
2022-01-01 to 2022-12-31

VERBALIFE INC, founded in 2018, is a micro nonprofit in the Human Services sector that reported $82K in total revenue in fiscal year 2022. Revenue fell 220% from the prior year — a significant decline worth monitoring.

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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 $0
Program Service Revenue $0
Investment Income $-81,582
Other Revenue $38
TOTAL REVENUE $-81,544

Expense Breakdown

Grants Paid $64,505
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $71,333
Other Expenses $6,828
TOTAL EXPENSES $71,333

Year-over-Year Comparison

2022 2021 Change
Revenue $-81,544 $67,781 -2.2%
Expenses $71,333 $13,008 +4.5%
Net Income $-152,877 $54,773 -3.8%
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
2
Employees
N/A
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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KABIR SINGH PRESIDENT 5.00
Officer Director
$0 $0 $0
DEANNA DONER TREASURER 1.00
Officer Director
$0 $0 $0
MATTHEW R BELL SECRETARY 1.00
Officer Director
$0 $0 $0
MICHEAL SILBERMAN VICE PRESIDENT 5.00
Officer Director
$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
2022 $-81,544 $71,333 $1,430,875 $-152,877
2021 $67,781 $13,008 $1,711,043 $54,773
2020 $874,312 $33,040 $1,454,361 $841,272
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