2024-11-08T05:42:36-00:00 2023-12-31 461874533 AZ SOUTHWEST CPA SERVICES PLLC PO BOX 36837 TUCSON AZ 85740 990EZ 2023-01-01 871170264 Impactful Life Inc IMPA 5208583666 4932 N Avenida de Castilla Tucson AZ 85718 Jay Thorpe Director 5208583666 2024-11-08 true THOMAS G ROONEY P00150885 5208883696 2024-11-08 2023 2024-10-15 13:58:12Z X N/A X X X 1525 20 1545 -1545 22500 -13000 7955 X 22500 20955 22500 20955 13000 22500 7955 Incubate for-profit businesses to generate donations to charity. Continued three businesses that Impactful Life incubated for mission, which are Ancient Wisdom LLC, SW Acoustics, and SW Laser Engravers. Impactful Life provided occupancy space and coaching for these entities so they may grow. 1545 1545 Jay Thorpe Director President 013.00 0 Kim Thorpe Director 012.00 0 Justin Thorpe Director 005.00 0 X false false false false false false true 13000 0 0 0 false false AZ Jay Thorpe 4932 N Avenida De Castilla Tucson AZ 85740 5208583666 false false false false false false false false false false false NONE NONE true X 35000 35000 35000 35000 35000 0 0 0 0 35000 35000 1.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Jay Thorpe Officer To provide needed equipment to meet mission. X 13000 13000 false true false 13000 Form 990-EZ, Part I, Line 16, Other Expenses Licensing 20 Form 990-EZ, Part I, Line 20, Net Assets Equipment Rental Loan -13,000 Form 990-EZ, Part II, Line 26, Liabilities Equipment Rental Beginning of year 0, End of year 13,000 Form 990-EZ, Part V, Section 35a 35b, Line 35a 35b Three businesses continued to be incubated by Impactful Life during 2023. Those three businesses are 1 Ancient Wisdom Curations LLC EIN 87-1769277, 2 Southwest Acoustic Products LLC 87-1769154, and 3 Southwest Laser Engravers LLC. Two of the three entities each had a gross profit after COGS for 2023. However, after expenses there was a total loss -12,960.11, as the COGS and expenses still outweight sales in 2023. So, a 990-T was filed for 2023, even though the end results were 0 in positive profits. Form 990-EZ, Part I, Section Line 8, Line Line 8 Income from 990-T for the three incubated businesses were a loss after operating expenses and COGS, so the 0 dollar amount was added to this return on Line 8 to show the connection to the 990-T. Jay Thorpe Directors are currently not paid for services. Kim Thorpe Directors are currently not paid for services. Justin Thorpe Directors are currently not paid for services.