Results for Life Inc

EIN: 208429202 501(c)(3)

WASHINGTON, DC

Total Revenue
$215
Total Expenses
$160,576
Total Assets
$21,217
Net Assets
$21,217
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
DC
Principal Officer
JULIE KHANI
Phone
2026379466
Tax Period
2018-01-01 to 2018-12-31

Results for Life Inc, founded in 2007, is a micro nonprofit that reported $215 in total revenue in fiscal year 2018. Revenue fell 58% from the prior year — a significant decline worth monitoring. Expenses of $161K exceeded revenue, resulting in a 74587% operating deficit.

Mission

THE ORGANIZATION'S MISSION IS TO SUPPORT CLINICAL LABORATORIES THROUGH THE CONDUCT, MANAGEMENT, SPONSORSHIP, AND COORDINATION OF RESEARCH AND EDUCATIONAL ACTIVITIES FOR THE BETTERMENT OF LABORATORY TESTING SERVICES, AND TO PROMOTE AND SAFEGUARD PUBLIC HEALTH, OCCUPATIONAL SAFETY AND THE ENVIRONMENT RESULTING IN THE PROVISION OF HIGH-QUALITY HEALTH CARE SERVICES.

Program Service Accomplishments

Program 1
Expenses: $158,933

RAISED PUBLIC AWARENESS ABOUT THE VALUE OF LABORATORY SERVICES THROUGH ITS WEBSITE AS WELL AS THROUGH AN AGGRESSIVE ADVERTISING CAMPAIGN TARGETING KEY DECISION MAKERS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $215
Other Revenue $0
TOTAL REVENUE $215

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $158,933
Other Expenses $160,576
TOTAL EXPENSES $160,576

Year-over-Year Comparison

2018 2017 Change
Revenue $215 $518 -0.6%
Expenses $160,576 $125,754 +0.3%
Net Income $-160,361 $-125,236 +0.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
13
Independent Members
12
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$712,763
Total Directors
13
$712,763
Key Employees
2
$664,430
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK CAPONE DIRECTOR 0.0
Director
$0 $0 $0
GEOFF MONK DIRECTOR 0.0
Director
$0 $0 $0
PETER GUDAITIS DIRECTOR 0.0
Director
$0 $0 $0
CURTis HANSON DIRECTOR 0.0
Director
$0 $0 $0
JERRY HUSSONG DIRECTOR 0.0
Director
$0 $0 $0
JOHN KOLOZSVARY DIRECTOR 0.0
Director
$0 $0 $0
DAVID KING DIRECTOR 0.0
Director
$0 $0 $0
DON MOONEY DIRECTOR 0.0
Director
$0 $0 $0
SHERRIE PERKINS DIRECTOR 0.0
Director
$0 $0 $0
KIMBERLY POPOVITS DIRECTOR 0.0
Director
$0 $0 $0
STEPHEN RUSCKOWSKI DIRECTOR 0.0
Director
$0 $0 $0
DOUG VANOORT DIRECTOR 0.0
Director
$0 $0 $0
JULIE KHANI PRESIDENT 0.0
Officer Director
$0 $78,363 $712,763
THOMAS SPARKMAN VICE PRESIDENT 0.0
Key Emp
$0 $62,684 $354,497
SHARON WEST VICE PRESIDENT 0.0
Key Emp
$0 $61,329 $309,933
CHERYL HAWKINS EXECUTIVE ADMINISTRATOR 0.0
Highest
$0 $43,153 $194,925
PAUL SHEIVES VICE PRESIDENT 0.0
Highest
$0 $39,383 $157,717
DAVID COOLING VICE PRESIDENT 0.0
Highest
$0 $18,081 $125,820
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2018 $215 $160,576 $21,217 $-160,361
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