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Nonprofit · EIN 82-2393529

GENEROUS LIFE INC

Tax-exempt · RIDGEFIELD, CT 06877

Financials

$1.7M$1.4M2022$1.7M$1.7M2023$1.3M$1.3M2024
Revenue Expenses · by fiscal year end
Financials of GENEROUS LIFE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,258,828$1,307,144-$48,316$153,650$46,441$107,209
December 31, 2023990$1,743,696$1,743,025$671$205,271$49,746$155,525
December 31, 2022990 (amended)$1,684,497$1,439,796$244,701$275,600$120,746$154,854
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,258,828
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$124,794
Other salaries and wages
$422,548
Salaries, compensation and benefits (total)
$659,568
Professional fundraising fees
$0
Travel
$56,949
Depreciation
$1,546
Program services (functional)
$1,111,437
Management and general (functional)
$195,707

Balance sheet and other

Total assets, start of year
$205,271
Total assets, end of year
$153,650
Total liabilities, end of year
$46,441
Net assets, end of year
$107,209
Land, buildings and equipment
$3,834
Net assets without donor restrictions
$107,209
Gross receipts
$1,258,828
Employees
3
Year formed
2018
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
DWIGHT JACOBSENBOARD MEMBER
Trustee or director
1$94,294
TIMOTHY VICKERSCEO
Officer
40$30,500
Jessica LindseyChairman
Trustee or director
1$0
John Stanley JrVice Chairman
Trustee or director
1$0
Karen StanleyBOARD MEMBER
Trustee or director
1$0
BOB BENTSONBOARD MEMBER
Trustee or director
1$0
Bob ForesmanBOARD MEMBER
Trustee or director
1$0
Lude ForesmanBOARD MEMBER
Trustee or director
1$0
Brent BlonkvistBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
JEFFREY SMITHMANAGING DIR
Officer
40$168,294
TIMOTHY VICKERSDirector
Officer
40$11,000
MARK PFLUGBOARD MEMBER
Trustee or director
1$0
LAURA PFLUGBOARD MEMBER
Trustee or director
1$0
JANICE WORTHBOARD MEMBER
Trustee or director
1$0
BOB BENTSONBOARD MEMBER
Trustee or director
1$0
ED MORGANBOARD MEMBER
Trustee or director
1$0
APRIL SMITHBOARD MEMBER
Trustee or director
1$0
GRAHAM SMITHBOARD MEMBER
Trustee or director
1$0
DWIGHT JACOBSENBOARD MEMBER
Trustee or director
1$0
SALLY JACOBSENBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2022: 11 people
NameTitleHours / weekCompensation
MARK PFLUGBOARD MEMBER
Trustee or director
1$0
LAURA PFLUGBOARD MEMBER
Trustee or director
1$0
JANICE WORTHBOARD MEMBER
Trustee or director
1$0
BOB BENTSONBOARD MEMBER
Trustee or director
1$0
ED MORGANBOARD MEMBER
Trustee or director
1$0
APRIL SMITHBOARD MEMBER
Trustee or director
1$0
GRAHAM SMITHBOARD MEMBER
Trustee or director
1$0
DWIGHT JACOBSENBOARD MEMBER
Trustee or director
1$0
SALLY JACOBSENBOARD MEMBER
Trustee or director
1$0
JEFFREY SMITHMANAGING DIR
Officer
40$0
TIMOTHY VICKERSDirector
Officer
40$0

Address and contacts

Address (IRS master file)
90 GROVE ST STE 206, RIDGEFIELD, CT 06877-4130
Mailing address (990-N for 2021)
550 LINWOOD AVE, RIDGEWOOD NJ 074503520
Principal officer (990 for 2024)
TIMOTHY VICKERS, 90 GROVE STREET 206, RIDGEFIELD, CT 06877
Principal officer (990-N for 2021)
Ethridge Darlene, 659 Lake Rd, Atkins AR 72823
Signed the 990
TIMOTHY VICKERS, CEO
Phone
(201) 378-8468
Return prepared by
FORSYTH HOLTZMAN AND ASSOCIATES

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.

990 for the year ended December 31, 2024

Program accomplishments

  • GENEROUS LIFE 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.
    Expenses $1,111,437 · revenue $1,258,828
  • 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 GENEROSITY OF THEIR NETWORK.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
82-2393529
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2019
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$153,650
Income (IRS master file)
$1,258,828

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,258,828$1,307,144$153,650XML
990December 2023$1,743,696$1,743,025$205,271IRS
990December 2022$1,684,497$1,439,796$275,600XML
990-N for 2021
Officer: Ethridge Darlene
December 31, 2021≤ $50,000 receipts––e-Postcard
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990-N for 2017
Officer: Jeff Smith
December 31, 2017≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 82-2393529).

Questions about GENEROUS LIFE INC

What is the EIN of GENEROUS LIFE INC?
The employer identification number (EIN) of GENEROUS LIFE INC is 82-2393529.
Is GENEROUS LIFE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to GENEROUS LIFE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GENEROUS LIFE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of GENEROUS LIFE INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GENEROUS LIFE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of GENEROUS LIFE INC?
The 990 for the year ended December 31, 2024 names TIMOTHY VICKERS.
Who are the officers and directors of GENEROUS LIFE INC?
The 990 for the year ended December 31, 2024 lists 9 people; 2 received compensation from the organization, the highest $94,294 (DWIGHT JACOBSEN, BOARD MEMBER).
How much revenue does GENEROUS LIFE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,258,828, expenses of $1,307,144 and total assets of $153,650 at year end.

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