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    LIFT

    LIFT

     

    Is this your nonprofit?

    501(c)(3) organization

    Donations are tax-deductible

    https://www.liftcommunities.org

    999 N Capitol Street NE
    Suite 310
    Washington DC 20002

    202-289-1151


    Washington DC | IRS ruling year: 1999 | EIN: 52-2168409  

     

    Organization Mission

    Founded 20 years ago and headquartered in Washington D.C. with offices in Chicago, Los Angeles, and New York, LIFT is a national nonprofit dedicated to empowering families to break the cycle of intergenerational poverty.
    Our goal: connecting people to the resources and networks they need to achieve economic mobility.
    LIFT coaches build trusted relationships with low-income parents and caregivers of young children. We help them with immediate needs such as child care and transportation, and long-term goals, such as better paying jobs or continuing education. Not to mention all the things in between, like opening bank accounts, establishing credit and building strong social networks.
    Two decades ago, we opened our doors to families in need and what we knew then still holds true now: low-income parents and caregivers want what all parents do - to make a better life for themselves and their children.
    By investing in parents today, we are ensuring their children are stronger tomorrow.

     


    Rating Information

    star rating graphic

    Great


    This charity's score is 97%, earning it a Four-Star rating. If this organization aligns with your passions and values, you can give with confidence.


    This overall score is calculated from multiple beacon scores, weighted as follows: 85% Accountability & Finance, 10% Leadership & Adaptability, 5% Culture & Community. Learn more about our criteria and methodology.

    Historical Ratings  

    Rating Report

    • Impact & Results
    • Accountability & Finance
    • Culture & Community
    • Leadership & Adaptability
    Accountability & Finance
    Impact & ResultsAccountability & FinanceCulture & CommunityLeadership & Adaptability

     

    Accountability & Finance

     

    Score

    97

    Most Recent Fiscal Year:
    FY 2022

    This beacon provides an assessment of a charity's financial health (financial efficiency, sustainability, and trustworthiness) and its commitment to governance practices and policies.

    Learn more

     

    Key Accountability Metrics

    Full Credit
      
    Partial Credit
      
    No Credit
    Majority Independent Board Members - 92% independent members10 out of 10 points  
    Independent Board Size - 12 independent members10 out of 10 points  
    Financial Statements - Audit and Oversight Committee20 out of 20 points  
    Material Diversion of Assets - None20 out of 20 points  

    Tax Form Disclosures and Policies

    Full Credit
      
    Partial Credit
      
    No Credit
    Website Listed on Tax Form - Listed5 out of 5 points  
    Conflict of Interest Policy - Listed5 out of 5 points  
    Whistleblower Policy - Listed5 out of 5 points  
    Document Retention and Destruction - Listed5 out of 5 points  
    Documents Board Meeting Minutes - Yes5 out of 5 points  
    Tax Form Distributed to Board Before Filing - Listed5 out of 5 points  
    Loans to/from Officers - None5 out of 5 points  

    Website Disclosures

    Full Credit
      
    Partial Credit
      
    No Credit
    Tax Form Posted on Nonprofit's Website - Missing0 out of 5 points  

    Financial Metrics

    Full Credit
      
    Partial Credit
      
    No Credit
    Liabilities to Assets: Ratio - 8.88%25 out of 25 points  
    Program Expense: Ratio - 71.31%25 out of 25 points  
    Fundraising Efficiency: Ratio - $0.0825 out of 25 points  
    Working Capital: Ratio - 1.49 years25 out of 25 points  

    Additional Information

    Total Revenue and Expenses - Data Available  
    Salary of Key Persons - Data Available  
    IRS Published Data (Business Master File) - Data Available  
    Data Sources (IRS Forms 990) - Data Available  

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