Life Asset Inc

Human services organization based in Washington, DC. 11 employees. Exempt under §501(c)(3).

MissionTHE MISSION OF LIFE ASSET IS TO HELP ALLEVIATE POVERTY IN THE GREATER WASHINGTON, DC AREA, BY EMPOWERING PEOPLE THROUGH AFFORDABLE FINANCIAL PRODUCTS, SERVICES, AND EDUCATION, THEREBY PROMOTING SELF-HELP AND SELF- RESPECT AND EXPANDING SOCIAL AND ECONOMIC OPPORTUNITIES FOR LOWER

EIN
45-4737489
State
DC
Sector
Human services
Budget band
$1M–$2.5M
Latest filing
TY 2024
Records
1 officers · 6 years

Financial snapshot · TY 2024

$1.6M
Total revenue
$1.3M
Total expenses
$9.1M
Net assets

Financial health · TY 2024

76
Strong financial health
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
54.5 months of expenses
Program efficiency
68
77.4% spent on programs
Revenue diversity
45
Mix of program fees, grants & contributions

Leadership compensation

Jan Markus Larsson
EXECUTIVE DIRECTOR
$154,500
86th percentile vs. peers

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Life Asset Inc Executive Compensation | 990 Data | DoubleNine