IMPACT LIFE INC

EIN: 850567590 501(c)(3) Mental Health

HOCKESSIN, DE

Total Revenue
$4,726,494
Total Expenses
$4,203,547
Total Assets
$1,712,434
Net Assets
$1,686,413
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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
2020
Legal Domicile
DE
Principal Officer
DOMENICA PERSONTI
Phone
3024650019
Tax Period
2023-01-01 to 2023-12-31

IMPACT LIFE INC, founded in 2020, is a community nonprofit in the Mental Health sector that reported $4.7M in total revenue in fiscal year 2023. Revenue surged 134% from the prior year, signaling strong growth momentum. Expenses of $4.2M left a modest 11% surplus.

Mission

IMPACT LIFE IS AN INNOVATIVE BEHAVIORAL HEALTH ORGANIZATION COMMITTED TO ADDRESSING THE LETHAL ABSENCE OF HOPE THAT OFTEN EXISTS WITHIN THOSE IMPACTED BY ADDICTION. THROUGH OUR UNIQUE RECOVERY RESIDENCES, HARM REDUCTION PROGRAMS, PEER SUPPORT, WORKFORCE DEVELOPMENT INITIATIVES, AND CULTURAL AND SPIRITUAL EXPERIENCES, WE STRIVE TO BUILD A FOUNDATION OF WELLNESS AND HEALING FOR YOUTH, ADULTS, AND THEIR FAMILIES. OUR MISSION IS TO FOSTER A SUPPORTIVE AND INCLUSIVE COMMUNITY WHERE INDIVIDUALS CAN THRIVE AND REALIZE THEIR FULL POTENTIAL, FREE FROM THE BARRIERS OF ADDICTION AND STIGMA.

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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 $3,729,978
Program Service Revenue $986,273
Investment Income $0
Other Revenue $10,243
TOTAL REVENUE $4,726,494

Expense Breakdown

Grants Paid $4,138
Salaries & Benefits $2,482,281
Fundraising Expenses $12,322
Program Expenses $3,767,579
Other Expenses $1,717,128
TOTAL EXPENSES $4,203,547

Year-over-Year Comparison

2023 2022 Change
Revenue $4,726,494 $2,021,661 +1.3%
Expenses $4,203,547 $1,004,117 +3.2%
Net Income $522,947 $1,017,544 -0.5%
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
9
Independent Members
9
Employees
61
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
3
$324,997
Total Directors
9
$324,997
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DOMENICA PERSONTI CEO 1.00
Officer Director
$324,997 $0 $324,997
KLYE ARMIDEO VICE PRESIDENT 0.00
Officer Director
$0 $0 $0
BJ BETTS DIRECTOR 0.00
Director
$0 $0 $0
ERIN BOOKER PRESIDENT 0.00
Officer Director
$0 $0 $0
JESSICA FACCIOLO DIRECTOR 0.00
Director
$0 $0 $0
DAVID HEITUR DIRECTOR 0.00
Director
$0 $0 $0
CLARK PERKS DIRECTOR 0.00
Director
$0 $0 $0
PENNY ROGERES DIRECTOR 0.00
Director
$0 $0 $0
YVONNE SHANNON DIRECTOR 0.00
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
2024 No data No data No data No data
2023 $4,726,494 $4,203,547 $1,712,434 $522,947
2022 $2,021,661 $1,004,117 $1,165,696 $1,017,544
2021 $459,020 $313,098 $146,397 $145,922
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