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LIFE ASSET INC

WASHINGTON, DCEIN: 45-4737489Website

Data sourced from IRS 990 public filings

LIFE ASSET INC THE 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 INCOME RESIDENTS.

Local (City/County Level)
Low-Income/Economically Disadvantaged
Workforce & Economic Opportunity
Direct Service Delivery
Education & Awareness
Human Services

Annual Revenue

$1,641,020

Known Funders

7

Grants Received

10

Financial History

YearRevenueExpensesAssets
2024$1,641,020$1,278,890$9,076,088
2023$2,086,765$1,337,011$9,442,411
2022$2,370,179$1,301,797$6,927,009
2021$2,953,313$1,074,555$6,492,765
2020$1,681,692$1,232,750$3,928,473
2019$1,121,148$721,830$3,017,827
2018$1,138,279$691,492$2,278,632
2017$489,782$442,969$1,240,633

Top Funders

CITI FOUNDATION

NEW YORK, NY

$500,000 (2021)
$35,000 (2022)
$35,000 (2021)
$35,000 (2022)
$20,000 (2024)
IF FOUNDATION

WASHINGTON, DC

$15,000 (2021)
$10,000 (2022)
$10,000 (2023)
$10,000 (2021)
Unknown foundation
$43 (2023)

Key Personnel

From 2024 IRS 990 filing

T

TERRY FLOOD

DIRECTOR

J

JAIME QUIROS

SECRETARY

Officer
A

ALFONSO PEARSON

TREASURER

Officer
O

OLIVE IDEHEN

BOARD CHAIR

Officer
J

JAN MARKUS LARSSON

EXECUTIVE DIRECTOR

Officer

Frequently Asked Questions

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