Victa Life
- Assets
- $90.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Providence, RI
- Founding
- 08/2019
- Data as of
- 12/2022
- EIN
- 84-2038617
Organization Overview
Victa Life is located in Providence, RI. The organization was established in 2019. According to its NTEE Classification (F20) the organization is classified as: Substance Abuse Dependency, Prevention & Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Victa Life is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Victa Life generated $86.0k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 56.7% each year . All expenses for the organization totaled $30.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDING MEDICAL ASSISTANCE, SUBSTANCE ABUSE, MENTAL HEALTH TREATMENT AND ANCILLARY HEALTH PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hovsep Donoyan Director | 1 | $0 | |
Alexander Donoyan Director | 1 | $0 | |
Lisa Peterson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $85,817 |
| Total Program Service Revenue | $166 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $85,983 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $29,978 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $10 |
| Other expenses | $665 |
| Total expenses | $30,653 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $90,330 |
| Other assets | $0 |
| Total assets | $90,330 |
| Total liabilities | $3,500 |
| Net assets or fund balances | $86,830 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Victa Life has recieved totaling $30,011.
| Awarding Organization | Amount |
|---|---|
The Rhode Island Community Foundation Providence, RI PURPOSE: EMERGENCY SUPPORT FOR PERSONS WITH BEHAVIORAL HEALTH NEEDS; COVID 19 RESPONSE FOR SUSTAINABILITY | $30,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $11 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ne Behavioral Health Inc Worcester, MA | $825,547 | $7,507,431 |
Coastline Eap Warwick, RI | $3,383,414 | $7,171,545 |
Chemical Abuse Services Agency Inc Bridgeport, CT | $4,825,557 | $5,727,797 |
Connecticut Community For Addiction Recovery Inc Hartford, CT | $1,209,155 | $5,378,798 |
Regional Youth Adult Social Action Partnership Inc Bridgeport, CT | $2,012,392 | $4,506,470 |
Positive Action Against Chemical Addiction Inc New Bedford, MA | $259,515 | $1,719,351 |
Quabbin Healthcare Inc Gardner, MA | $5,475,729 | $1,071,746 |
Megan House Foundation Dracut, MA | $2,674,101 | $1,618,646 |
Positive Directions-The Center For Prevention And Counseling Inc Westport, CT | $366,123 | $1,123,131 |
Exchange Events Inc Kent, CT | $618,914 | $298,450 |
End Mass Overdose Inc Boston, MA | $386,962 | $700,317 |
Center For Community Recovery Innovations Inc Boston, MA | $1,167,534 | $804,262 |