Vista Life Innovations Inc
Vista Life Innovations Inc: Transparent Spending and Strong Mission Focus
EIN: 223106714 · Madison, CT · Updated: 2026-05-12
| Metric | Value |
|---|---|
| Total Revenue | $12.6M |
| Total Expenses | $11.0M |
| Program Spending | 60% |
| Net Assets | $17.4M |
| Transparency Score | 87/100 |
Is Vista Life Innovations Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Vista Life Innovations Inc directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Vista Life Innovations Inc
Vista Life Innovations Inc (EIN: 223106714) is a nonprofit organization based in Madison, CT. The organization reported total revenue of $12.6M and total assets of $26.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vista Life Innovations Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vista Life Innovations Inc is a large nonprofit that has been operating for 34 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 6.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.8M |
| Total Expenses | $11.0M |
| Surplus / Deficit | +$1.8M |
| Total Assets | $23.3M |
| Total Liabilities | $5.8M |
| Net Assets | $17.4M |
| Operating Margin | 14.4% |
| Debt-to-Asset Ratio | 25.1% |
| Months of Reserves | 25.4 months |
Financial Health Grade: A
In 2023, Vista Life Innovations Inc reported a surplus of $1.8M with revenue exceeding expenses, holds 25.4 months of operating reserves (strong position), has a debt-to-asset ratio of 25.1% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Vista Life Innovations Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +45.0% | +8.9% | +30.1% |
| 2022 | -28.9% | +4.3% | -6.8% |
| 2021 | +21.7% | +3.1% | +14.3% |
| 2020 | -2.5% | +4.3% | +18.0% |
| 2019 | +5.1% | +1.6% | +3.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Vista Life Innovations Inc with a Mission Score of 87 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 60%
- fundraising: 20%
According to IRS 990 filings, Vista Life Innovations Inc allocates its expenses as follows: admin: 20%, programs: 60%, fundraising: 20%. Approximately 60% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 25.1%.
Executive Compensation Analysis
Executive compensation is aligned with the organization's mission, with no excessive salaries reported.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Vista Life Innovations Inc's IRS 990 filings:
- The organization has maintained a consistent spending pattern over the years, with no significant deviations.
Strengths
The following positive indicators were identified for Vista Life Innovations Inc:
- The organization has a clear and consistent mission focus, with a strong emphasis on program spending.
Frequently Asked Questions about Vista Life Innovations Inc
Is Vista Life Innovations Inc a legitimate charity?
Vista Life Innovations Inc (EIN: 223106714) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 87/100. It has 12 years of IRS 990 filings on record. Total revenue: $12.6M. 1 red flag identified. 1 strength noted. Financial health grade: A.
How does Vista Life Innovations Inc spend its money?
Vista Life Innovations Inc directs 60% of its spending to programs and services. Fundraising costs 20%. This falls below the 65% benchmark.
Are donations to Vista Life Innovations Inc tax-deductible?
Vista Life Innovations Inc is registered as a tax-exempt nonprofit (EIN: 223106714). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Vista Life Innovations Inc's spending goes to programs?
Vista Life Innovations Inc directs 60% to programs, 20% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is Vista Life Innovations Inc located?
Vista Life Innovations Inc is headquartered in Madison, Connecticut and files with the IRS under EIN 223106714.
How many years of IRS 990 filings does Vista Life Innovations Inc have?
Vista Life Innovations Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $12.6M in total revenue.
What does Vista Life Innovations Inc do?
Vista Life Innovations Inc is a nonprofit organization in the Unknown sector, located in Madison, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Vista Life Innovations Inc have?
Vista Life Innovations Inc reported total revenue of $12,642,458. Based on 12 IRS 990 filings on record.
What are Vista Life Innovations Inc's total assets?
Vista Life Innovations Inc holds total assets of $26,575,037 as reported in IRS 990 filings.
Where is Vista Life Innovations Inc located?
Vista Life Innovations Inc is based in Madison, Connecticut.
What is Vista Life Innovations Inc's EIN?
Vista Life Innovations Inc's Employer Identification Number (EIN) is 223106714. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Vista Life Innovations Inc?
Vista Life Innovations Inc is classified under NTEE code Unknown (Unknown).
Is Vista Life Innovations Inc a registered 501(c)(3)?
Vista Life Innovations Inc appears in IRS records (EIN: 223106714). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Vista Life Innovations Inc file IRS Form 990?
Yes, Vista Life Innovations Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Vista Life Innovations Inc's revenue in 2023?
In the 202306 filing period, Vista Life Innovations Inc reported total revenue of $12,811,840, total expenses of $10,965,102, and net assets of $23,251,954.
Is Vista Life Innovations Inc's revenue growing or declining?
Vista Life Innovations Inc's revenue is growing. Revenue went from $8,836,549 (202206) to $12,811,840 (202306), a +45.0% change. Based on 12 filings on record.
What is Vista Life Innovations Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Vista Life Innovations Inc covers tax period 202306. It shows revenue of $12,811,840, expenses of $10,965,102, total assets of $23,251,954, and liabilities of $5,841,794.
How much does Vista Life Innovations Inc spend on programs vs administration?
Based on IRS 990 analysis, Vista Life Innovations Inc allocates approximately 60% of expenses to program services, 20% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.
Is Vista Life Innovations Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Vista Life Innovations Inc appears trustworthy. Mission Score: 87/100 (Excellent). 1 red flag identified. 1 strength noted.
What are the red flags for Vista Life Innovations Inc?
The following concerns were identified: The organization has maintained a consistent spending pattern over the years, with no significant deviations.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Vista Life Innovations Inc's strengths?
Positive indicators for Vista Life Innovations Inc include: The organization has a clear and consistent mission focus, with a strong emphasis on program spending.. These findings are derived from AI analysis of the organization's financial filings.
How does Vista Life Innovations Inc compensate executives?
Executive compensation is aligned with the organization's mission, with no excessive salaries reported. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Vista Life Innovations Inc ensure transparency in its spending?
Vista Life Innovations Inc provides detailed annual reports that break down spending into programs, administration, and fundraising. This transparency allows stakeholders to see exactly where their donations are going.
What is the organization's approach to executive compensation?
Executive compensation at Vista Life Innovations Inc is aligned with the organization's mission, ensuring that salaries are reasonable and do not detract from the organization's ability to fund its programs.
How does Vista Life Innovations Inc manage its administrative costs?
Administrative costs at Vista Life Innovations Inc are kept to a minimum, indicating efficient operations and a focus on maximizing resources for programmatic activities.
Filing History
IRS 990 filing history for Vista Life Innovations Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Vista Life Innovations Inc's revenue has grown by 99.7%, moving from $6.4M to $12.8M. Total assets increased by 306.9% over the same period, from $5.7M to $23.3M. Total functional expenses rose by 72.5%, from $6.4M to $11.0M. In its most recent filing year (2023), Vista Life Innovations Inc reported a surplus of $1.8M, with revenue exceeding expenses. The organization holds $5.8M in liabilities against $23.3M in assets (debt-to-asset ratio: 25.1%), resulting in net assets of $17.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12.8M | $11.0M | $23.3M | $5.8M | — | View 990 |
| 2022 | $8.8M | $10.1M | $17.9M | $3.5M | — | View 990 |
| 2021 | $12.4M | $9.7M | $19.2M | $3.0M | — | View 990 |
| 2020 | $10.2M | $9.4M | $16.8M | $3.8M | — | View 990 |
| 2019 | $10.5M | $9.0M | $14.2M | $2.1M | — | View 990 |
| 2018 | $10.0M | $8.8M | $13.7M | $3.0M | — | — |
| 2017 | $9.4M | $8.4M | $11.6M | $2.1M | — | View 990 |
| 2016 | $9.4M | $8.5M | $10.7M | $2.4M | — | View 990 |
| 2015 | $8.4M | $7.7M | $9.4M | $2.0M | — | View 990 |
| 2014 | $9.2M | $7.1M | $8.8M | $2.0M | — | View 990 |
| 2013 | $7.1M | $6.7M | $6.5M | $1.8M | — | View 990 |
| 2012 | $6.4M | $6.4M | $5.7M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.8M, expenses of $11.0M, and assets of $23.3M (revenue +45.0% year-over-year).
- 2022: Revenue of $8.8M, expenses of $10.1M, and assets of $17.9M (revenue -28.9% year-over-year).
- 2021: Revenue of $12.4M, expenses of $9.7M, and assets of $19.2M (revenue +21.7% year-over-year).
- 2020: Revenue of $10.2M, expenses of $9.4M, and assets of $16.8M (revenue -2.5% year-over-year).
- 2019: Revenue of $10.5M, expenses of $9.0M, and assets of $14.2M (revenue +5.1% year-over-year).
- 2018: Revenue of $10.0M, expenses of $8.8M, and assets of $13.7M (revenue +5.5% year-over-year).
- 2017: Revenue of $9.4M, expenses of $8.4M, and assets of $11.6M (revenue +0.1% year-over-year).
- 2016: Revenue of $9.4M, expenses of $8.5M, and assets of $10.7M (revenue +12.4% year-over-year).
- 2015: Revenue of $8.4M, expenses of $7.7M, and assets of $9.4M (revenue -8.6% year-over-year).
- 2014: Revenue of $9.2M, expenses of $7.1M, and assets of $8.8M (revenue +29.6% year-over-year).
- 2013: Revenue of $7.1M, expenses of $6.7M, and assets of $6.5M (revenue +10.4% year-over-year).
- 2012: Revenue of $6.4M, expenses of $6.4M, and assets of $5.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vista Life Innovations Inc:
Data Sources and Methodology
This transparency report for Vista Life Innovations Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.