EIN 52-2168409

Lift

IRS 501(c) type
501(c)(3)
Num. employees
71
Year formed
1999
Most recent tax filings
2023-06-01
Description
Lift's mission is to break the cycle of poverty by investing in parents. We build families' well-being, financial strength, and social connections to Lift two generations at once. The mission of Lift is to empower families to break the cycle of poverty.
Total revenues
$12,074,878
2023
Total expenses
$7,921,341
2023
Total assets
$16,683,143
2023
Num. employees
71
2023

Program areas at Lift

Founded in 1998, Lift, Inc is a national nonprofit on a mission to break the cycle of poverty by investing in parents. Decades of inequity and underinvestment in communities have kept low-income families trapped in a cycle that, like wealth, is passed down from generation to generation. All families deserve a better future - no matter their race, ethnicity, or zip code. Lift builds families' well-being, financial strength, and social connections to Lift two generations at once - an investment of hope, money, and love. Rooted in a relationship filled with dignity and trust, Lift's one-on-one coaching program empowers parents to set and achieve goals - such as going back to school, improving credit, eliminating debt, or securing a living wage that put their families on the path to (continued on schedule o)economic mobility. As part of its investment in families, in 2018, Lift launched the family goal fund which provides direct, unrestricted cash to families. Lift reduces stress and increases financial slack by giving cash directly to parents so that they don't have to choose between their emergency needs and long-term goals. As parents persist through Lift's two-year program, they receive a total of $1,200, distributed in three-month intervals to stay on track to reach their goals. Lift believes that parents know their families' needs better than any program could, and their evidence shows that parents use these funds to reinvest in themselves, their families, and their goals. Lift's direct service coaching model operating in chicago, los angeles, new york, and Washington d.c. changes lives. And, now through new, successful capacity-building partnerships and advocacy efforts, we are poised to shift how social service and other systems function for the millions of families living in poverty nationwide. Our systems change goals stem from the humanity that underpins our direct service model as the foundation from where we generate our learning, insights, best practice, and responsive innovations like giving cash. Lift uses impact data alongside parent voice and experience to mitigate, and ultimately change, the actions of systems and policies that drain hope, harm communities, and limit access and success. At federal, state, and city levels, our goals include changing practice, systems, and policies that build financial and social capital for families. Lift's strategic plan builds on our direct service to achieve population-level impact through 1) strategic partnerships that effectively shift public sector practice to better support parent's economic mobility, and 2) advocacy work to shift narratives, educate policymakers, and promote policies that reduce poverty.lift has service sites in chicago, los angeles, new york city, and Washington d.c., and partners with health systems, colleges, and local and national governments to adopt its approach across the country. Learn more at whywelift.org

Who funds Lift

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$1,252,460
Prudential FoundationLifts Vision for Scaled Impact$500,000
Imaginable Futures FoundationGeneral Operating Support$500,000
...and 56 more grants received totalling $5,459,179

Personnel at Lift

NameTitleCompensation
Michelle Rhone-CollinsChief Executive Officer$253,488
Rebecca RossChief Operations and Finance Officer$140,001
Gabe ScheckChief Advancement and Cities Officer
Helah RobinsonChief Program and Strategy Officer$157,762
Kevin TorunoSenior Vice President , Finance and Admin.$138,524
...and 30 more key personnel

Financials for Lift

RevenuesFYE 06/2023
Total grants, contributions, etc.$12,010,502
Program services$0
Investment income and dividends$64,366
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$10
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$12,074,878

Form 990s for Lift

Fiscal year endingDate received by IRSFormPDF link
2023-062024-03-02990View PDF
2022-062023-03-20990View PDF
2021-062022-05-16990View PDF
2020-062021-04-27990View PDF
2019-062020-09-18990View PDF
...and 9 more Form 990s

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Data update history
September 26, 2024
Updated personnel
Identified 1 new personnel
August 25, 2024
Received grants
Identified 13 new grant, including a grant for $250,000 from The Bank of America Charitable Foundation
May 26, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 19, 2024
Used new vendors
Identified 1 new vendor, including
May 19, 2024
Received grants
Identified 5 new grant, including a grant for $310,632 from Start Early
Nonprofit Types
Human service organizationsFamily service centersCharities
Issues
Human servicesJobs and employment
Characteristics
Political advocacyLobbyingNational levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
999 N Capitol St Ne 310
Washington, DC 20002
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Website URL
whywelift.org/ 
Phone
(202) 289-1151
Facebook page
LIFTcommunities 
Twitter profile
@liftcommunities 
IRS details
EIN
52-2168409
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1999
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
P50: Personal Social Services
NAICS code, primary
624190: Individual and Family Services
Parent/child status
Independent
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - In Process
FTB status revoked
Not revoked
AG Registration Number
CT0158460
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2024-10-16
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