Overview
What is Impactful Life Inc?
Impactful Life Inc is a recently established nonprofit organization based in Arizona. Their primary mission is to foster for-profit businesses, with the unique twist of ensuring that a portion of their earnings are donated to charitable causes. Impactful Life achieved its non-profit status by registering as a corporation with the state of AZ and submitting Form 1023 to the IRS in late 2022. Currently, they are managing and supporting the growth of three for-profit ventures - Ancient Wisdom LLC, SW Acoustics, and SW Laser Engravers. These businesses are being guided and assisted by Impactful Life to establish and thrive in their respective industries.
Is Impactful Life Inc legitimate?
Impactful Life Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Impactful Life Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
What is the mission statement of Impactful Life Inc?
Impactful Life Inc's mission is centered around incubating for-profit businesses, with the goal of using their earnings to contribute to charitable causes. The company, established as a corporation in Arizona and seeking non-profit status from the IRS, has initiated the process for three businesses - Ancient Wisdom LLC, SW Acoustics, and SW Laser Engravers. Impactful Life's objective is to assist these enterprises in their establishment and growth, ultimately channeling their profits towards charitable endeavors.
Who is the CEO of Impactful Life Inc?
Unavailable
What is the revenue of Impactful Life Inc?
Impactful Life Inc's revenue in 2022 was $0.
Who are the executives of Impactful Life Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Impactful Life Inc?
Impactful Life Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Impactful Life Inc
Impactful Life Inc, a recently established organization, has a mission to foster for-profit businesses that contribute financially to charitable causes. The corporation, established in Arizona, has taken significant steps towards achieving non-profit status by filing Form 1023 with the Internal Revenue Service (IRS) in late 2022 and setting up an accounting system and legal status. Currently, Impactful Life Inc is incubating three entrepreneurial ventures - Ancient Wisdom LLC, SW Acoustics, and SW Laser Engravers - helping them get off the ground and become operational. By successfully nurturing these for-profit businesses, Impactful Life Inc aims to generate funds for charitable causes, contributing positively to society.
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Impact
October, 2024
Impactful Life Inc is dedicated to fostering entrepreneurial ventures that channel resources back into charitable causes. By incubating for-profit businesses, such as Ancient Wisdom LLC, SW Acoustics, and SW Laser Engravers, the organization aims to create a sustainable model where business success directly translates into community support. This innovative approach not only stimulates economic growth but also enhances philanthropic efforts, ensuring that profits contribute meaningfully to charitable initiatives. Based in Tucson, Arizona, Impactful Life Inc is committed to making a lasting positive impact on the community through strategic business development that prioritizes social responsibility.
This information is meant to be a general summary of Impactful Life Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
Assets and Liabilities:
- Total Assets: $22,500
- Total Liabilities: $0
- Net Assets: $22,500
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Organization Details
Phone
(520) 858-3666Main Address
4932 N Avenida de Castilla, Tucson, AZ, 85718
NTEE Category
Code: S30 - Community improvement
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