Human Services : Social Services

LIFT

Empower Families to Break the Cycle of Poverty

impact data icon

Impact Information is available from our partner, GuideStar

three stars

84.36

999 N Capitol St NE Suite 310
Washington, DC 20002
tel: (202) 289-1151   Web Site
EIN: 52-2168409

Board Leadership
Gina Coburn
Board Chair

CEO
Michelle Rhone-Collins
Chief Executive Officer

  Score
(out of 100)
Rating
Overall Score & Rating 84.36 three stars
  Financial 78.09 two stars
  Accountability & Transparency 97.00 four stars
This rating was published 09/03/2019 and includes data from FY2018, the most recent 990 received at that time.

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.

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.

Impact Information

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This impact information is current as of September 2019, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

two stars

78.09

Accountability & Transparency

four stars

97.00

This rating was published 09/03/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
66.0%
  Administrative Expenses 22.9%
  Fundraising Expenses 10.9%
  Fundraising Efficiency $0.09
  Working Capital Ratio (years) 1.28
  Program Expenses Growth 3.5%
  Liabilities to Assets 9.7%
All data for Financial Performance Metrics calculations was provided by LIFT on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by LIFT on recent 990s filed with the IRS.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $8,606,702
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $284,882
   Related Organizations $0
   Government Grants $91,862
Total Contributions $8,983,446
   Program Service Revenue $0
Total Primary Revenue $8,983,446
   Other Revenue $-47,817
TOTAL REVENUE $8,935,629
   
EXPENSES  
   Program Expenses $3,904,994
   Administrative Expenses $1,287,236
   Fundraising Expenses $310,803
TOTAL FUNCTIONAL EXPENSES $5,503,033
   
Payments to Affiliates $0
Excess (or Deficit) for the year $3,432,596
   
Net Assets $7,429,058

Charts

Compensation % of Expenses Paid to Title
$175,828 3.19% Kirsten Lodal Chief Executive Officer, Co-Founder

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.

Highly Rated

Charity Name & State Overall Score Overall Rating
LIFT (DC) 84.36 three stars
People's Resource Center (IL) 94.80 four stars
Two Ten Footwear Foundation (MA) 93.17 four stars
Providence Network (CO) 89.49 three stars
Beverly Bootstrap (MA) 90.10 four stars

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Charity Contact Info

LIFT
999 N Capitol St NE
Suite 310
Washington, DC 20002
tel: (202) 289-1151
fax: (202) 289-7741
EIN: 52-2168409

Visit Web Site

Board Leadership

Gina Coburn
Board Chair

CEO

Michelle Rhone-Collins
Chief Executive Officer