Nonprofit · EIN 82-4082942
VERBALIFE INC
Tax-exempt · WESTMINSTER, MD 21157
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $62,397 | $52,666 | $9,731 | $1,186,566 | $413,260 | $773,306 |
| December 31, 2024 | 990 | $57,000 | $53,332 | $3,668 | $1,195,333 | $431,758 | $763,575 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $0
- Net rental income
- $62,397
- Other revenue
- $62,397
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $27
- Depreciation
- $31,159
- Program services (functional)
- $52,666
Balance sheet and other
- Total assets, start of year
- $1,195,333
- Total assets, end of year
- $1,186,566
- Total liabilities, end of year
- $413,260
- Net assets, end of year
- $773,306
- Land, buildings and equipment
- $1,119,519
- Net assets without donor restrictions
- $773,306
- Gross receipts
- $62,397
- Employees
- 0
- Volunteers
- 2
- Year formed
- 2018
- State of legal domicile
- MD
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kabir Singh | President | 3 | $0 |
| Michael Silberman | Vice President and Secretary | 1 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Kabir Singh | President | 3 | $0 |
| Michael Silberman | Vice President | 1 | $0 |
| Matthew Bell | Secretary | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1100 BUSINESS PKWY SOUTH, WESTMINSTER, MD 21157-3048
- Mailing address (990-N for 2023)
- 4362 West Sylvania Ave, Toledo OH 43623
- Principal officer (990 for 2025)
- Michael Silberman, 1648 Bullock Circle, Owings Mills, MD 21117
- Principal officer (990-N for 2023)
- Matthew Bell, 4362 West Sylvania Ave, Toledo OH 43623
- Signed the 990
- Michael Silberman, President
- Phone
- (908) 930-9452
- Return prepared by
- Catalyst Tax & Consulting LLC
Mission
To promote overall quality of life in the community through social, educational, recreational and housing programs to those affected by addiction.
Program accomplishments
- To promote overall quality of life in the community through social, educational, recreational and housing programs while passionately incorporating care, compassion, communication and consistency into the community through the hands and hearts of individuals in recovery as well as those who have been affected by addiction.Expenses $52,666 · revenue $62,397
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-N on file |
IRS record
- EIN
- 82-4082942
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $1,186,566
- Income (IRS master file)
- $62,397
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $62,397 | $52,666 | $1,186,566 | XML |
| 990 | December 2024 | $57,000 | $53,332 | $1,195,333 | XML |
| 990-N for 2023 Officer: Matthew Bell | December 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | December 2022 | -$81,544 | $71,333 | $1,430,875 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-N for 2019 Officer: Matthew Bell | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2017 Officer: Matthew Bell | 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 82-4082942).
Questions about VERBALIFE INC
- What is the EIN of VERBALIFE INC?
- The employer identification number (EIN) of VERBALIFE INC is 82-4082942.
- Is VERBALIFE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to VERBALIFE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VERBALIFE 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 VERBALIFE INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VERBALIFE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of VERBALIFE INC?
- The 990 for the year ended December 31, 2025 names Michael Silberman.
- Who are the officers and directors of VERBALIFE INC?
- The 990 for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does VERBALIFE INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $62,397, expenses of $52,666 and total assets of $1,186,566 at year end.
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