LIFE AND HEALTH INSURANCE FOUNDATION FOR EDUCATION

ARLINGTON, VA, 22209-3924 (703) 888-4440 Est. 1994 EIN 52-1904610
Form 990 501(c)(6)
WWW.LIFEHAPPENS.ORG

Mission

LIFE HAPPENS IS A NONPROFIT ORGANIZATION DEDICATED TO HELPING CONSUMERS TAKE PERSONAL FINANCIAL RESPONSIBILITY THROUGH THE OWNERSHIP OF LIFE INSURANCE AND RELATED PRODUCTS. THE ORGANIZATION DOES NOT ENDORSE ANY PRODUCT, COMPANY, OR INSURANCE ADVISOR. SINCE ITS INCEPTION IN 1994, LIFE HAPPENS HAS PROVIDED THE HIGHEST QUALITY, INDEPENDENT AND OBJECTIVE INFORMATION FOR PEOPLE SEEKING HELP WITH THEIR INSURANCE BUYING DECISIONS. THE ORGANIZATION IS ON THE LEADING EDGE OF TECHNOLOGY INNOVATION TO SUPPORT THE INSURANCE INDUSTRY BY PROVIDING MARKETING AND SOCIAL-MEDIA TOOLS AND RESOURCES THROUGH ITS PROPRIETARY LIFE HAPPENS PRO DIGITAL PLATFORM. IN ADDITION, IT CONVENES THE INDUSTRY EACH SEPTEMBER FOR LIFE INSURANCE AWARENESS MONTH, WHICH IT CREATED IN 2004. LIFE HAPPENS IS SUPPORTED BY MORE THAN 140 OF THE NATION'S LEADING INSURANCE COMPANY AND FINANCIAL SERVICES ORGANIZATIONS. TO LEARN MORE, VISIT WWW.LIFEHAPPENS.ORG.

Financials

Total Revenue
$1,445,866
Total Expenses
$1,989,250
Net Assets
$-1,449,033
174 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
8.7 months deficit Deficit
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 156.2%
Expenses ↑ 189.6%
Revenue Sources
Contributions 72.8% Earned revenue 20.2% Other 7.0%

Officers & Key Employees (10)

We treat individual compensation with extra care. Named amounts are on Grow plans.

Grants Received (9)

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Filing History (5 filings)

YearRevenueExpensesNet Assets
2024 Form 990
Jan 1, 2024 to Dec 31, 2024
$1,445,866 $1,989,250$-1,449,033
2023 Form 990
Jan 1, 2023 to Dec 31, 2023
$564,406 $686,793$-905,516
2022 Form 990
Jan 1, 2022 to Dec 31, 2022
$2,255,724 $3,690,250$2,002,193
2020 Form 990
Jan 1, 2020 to Dec 31, 2020
$3,782,190 $3,438,692$3,875,244
2018 Form 990
Jan 1, 2018 to Dec 31, 2018
$4,109,445 $4,007,154$4,272,191

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EIN: 52-1904610 · Source: IRS Form 990 e-file data