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Nonprofit · EIN 52-2168409

LIFT INC

Tax-exempt · WASHINGTON, DC 20002

Financials

$12.1M$7.9M2022$16.3M$9.9M2023$14.2M$10.2M2024
Revenue Expenses · by fiscal year end
Financials of LIFT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$14,169,950$10,159,935$4,010,015$26,948,573$2,214,077$24,734,496
June 30, 2024990$16,337,273$9,933,047$6,404,226$23,292,280$2,630,131$20,662,149
June 30, 2023990$12,074,878$7,921,341$4,153,537$16,683,143$2,458,257$14,224,886
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$13,298,988
Program service revenue
$299,040
Investment income
$571,922
Net gain from sales of assets
-$61
Other revenue
$0

Expenses

Grants and similar amounts paid
$404,280
Compensation of officers, directors and key employees
$1,094,266
Other salaries and wages
$5,122,595
Salaries, compensation and benefits (total)
$7,341,738
Professional fundraising fees
$92,820
Legal fees
$3,771
Accounting fees
$30,294
Occupancy
$505,735
Travel
$188,342
Depreciation
$64,557
Program services (functional)
$7,999,711
Management and general (functional)
$1,602,306
Fundraising (functional)
$557,918

Balance sheet and other

Total assets, start of year
$23,292,280
Total assets, end of year
$26,948,573
Total liabilities, end of year
$2,214,077
Net assets, end of year
$24,734,496
Land, buildings and equipment
$187,855
Publicly traded securities
$2,774,521
Net assets without donor restrictions
$20,495,003
Net assets with donor restrictions
$4,239,493
Gross receipts
$16,029,194
Employees
92
Volunteers
14
Year formed
1999
State of legal domicile
DC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MICHELLE RHONE-COLLINSCHIEF EXECUTIVE OFFICER
Trustee or director, Officer
40$297,168$36,544
GABRIEL SCHECKCHIEF ADVANCEMENT OFFICER
Officer
40$219,005$35,438
REBECCA ROSSCHIEF OPER. AND FIN. OFFICER
Officer
40$215,975$38,402
HELAH ROBINSONCHIEF PROG. AND STRATEGY OFFICER
Officer
40$191,221$31,072
ALLISON OLSONEXEC. DIR. - LA (UNTIL 3/2025)
Highest-paid employee
40$191,192$20,234
NEILS RIBEIRO-YEMOFIOEXECUTIVE DIRECTOR - DC
Highest-paid employee
40$159,702$20,997
SARAH SPUNTEXECUTIVE DIRECTOR - CHI
Highest-paid employee
40$151,008$25,404
XIOMARA ROMAINEXEC. DIR - NY (UNTIL 6/2024)
Highest-paid employee
40$159,080$9,304
ARACELI LOPEZ-ANDRADEDEPUTY DIR, LA & NATL REI ADVISOR
Highest-paid employee
40$134,544$8,591
WILL DARMANCO-CHAIR
Trustee or director, Officer
1$0$0
ARLENE FORDCO-CHAIR, SECRETARY
Trustee or director, Officer
1$0$0
AMY LENANDERDIRECTOR, TREASURER, A&F CHAIR
Trustee or director, Officer
1$0$0
EMILIO DIEZ BARROSODIRECTOR
Trustee or director
1$0$0
GINA COBURNDIRECTOR
Trustee or director
1$0$0
ELLEN MCCANCE PINSCHMIDTDIRECTOR
Trustee or director
1$0$0
8 more people on this return
NameTitleHours / weekCompensation
CARRIE SOUTHWORTH JOHNSONDIRECTOR, INV. COMM. INTERIM CHAIR
Trustee or director
1$0
AMIR HEMMATDIRECTOR
Trustee or director
1$0
JON BUDINGTONDIRECTOR
Trustee or director
1$0
SABRINA CLARKDIRECTOR
Trustee or director
1$0
SUSAN HIRSCHDIRECTOR
Trustee or director
1$0
BRENT KESSELDIRECTOR (UNTIL 3/2025)
Trustee or director
1$0
DEANNA SINGHDIRECTOR
Trustee or director
1$0
STEPHANIE LOMIBAO-PARRADIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 24 people
NameTitleHours / weekCompensationOther / benefits
MICHELLE RHONE-COLLINSCHIEF EXECUTIVE OFFICER
Trustee or director, Officer
40$340,257$39,072
GABRIEL SCHECKCHIEF ADVANCEMENT OFFICER
Officer
40$211,804$38,364
REBECCA ROSSCHIEF OPER. & FIN. OFFICER
Officer
40$206,988$38,993
HELAH ROBINSONCHIEF PROGRAM AND STRATEGY OFFICER
Key employee
40$179,378$31,477
ALLISON OLSONEXECUTIVE DIRECTOR - LA
Highest-paid employee
40$181,344$18,401
XIOMARA ROMAINEXECUTIVE DIRECTOR - NY
Highest-paid employee
40$175,944$16,849
SARAH SPUNTEXECUTIVE DIRECTOR - CHI
Highest-paid employee
40$152,897$21,088
ARACELI LOPEZ-ANDRADEDEP. DIR., LA & NAT. REI ADVISOR
Highest-paid employee
40$130,703$7,863
ANAE GOODWINDIRECTOR OF FINANCE & ACCOUNTING
Highest-paid employee
40$125,473$11,059
EMILIO DIEZ BARROSOBOARD CO-CHAIR
Trustee or director, Officer
1$0$0
WILLIAM DARMANBOARD CO-CHAIR
Trustee or director, Officer
1$0$0
ARLENE FORDSECRETARY
Trustee or director, Officer
1$0$0
AMY LENANDERTREASURER
Trustee or director, Officer
1$0$0
GINA COBURNDIRECTOR
Trustee or director
1$0$0
STEPHANIE LOMIBAO-PARRADIRECTOR
Trustee or director
1$0$0
JON BUDINGTONDIRECTOR
Trustee or director
1$0$0
CARRIE SOUTHWORTH JOHNSONDIRECTOR
Trustee or director
1$0$0
AMIR HEMMATDIRECTOR
Trustee or director
1$0$0
DELE OLADAPODIRECTOR
Trustee or director
1$0$0
DEANNA SINGHDIRECTOR
Trustee or director
1$0$0
SUSAN HIRSCHDIRECTOR
Trustee or director
1$0$0
SABRINA CLARKDIRECTOR
Trustee or director
1$0$0
BRENT KESSELDIRECTOR
Trustee or director
1$0$0
ELLEN MCCANCE PINSCHMIDTDIRECTOR
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 21 people
NameTitleHours / weekCompensationOther / benefits
MICHELLE RHONE-COLLINSCHIEF EXECUTIVE OFFICER
Trustee or director, Officer
40$253,488$34,037
GABRIEL SCHECKCHIEF ADVANCEMENT OFFICER
Officer
40$205,319$35,072
XIOMARA ROMAINEXECUTIVE DIRECTOR - NY
Highest-paid employee
40$175,989$16,150
ALLISON OLSONEXECUTIVE DIRECTOR - LA
Highest-paid employee
40$173,191$17,673
HELAH ROBINSONCHIEF PROGRAM AND STRATEGY OFFICER
Officer
40$157,762$22,690
REBECCA ROSSCHIEF OPS. FIN. OFFICER
Officer
40$140,001$21,178
SARAH SPUNTEXECUTIVE DIRECTOR - CHI
Highest-paid employee
40$125,538$20,768
ARACELI LOPEZ-ANDRADEDEP. DIR., LA & NAT. REI ADVISOR
Highest-paid employee
40$115,237$7,613
CHERYL WADHWASENIOR DIRECTOR, TALENT & CULTURE
Highest-paid employee
40$115,838$6,417
GINA DEL CARMEN COBURNBOARD CHAIR
Trustee or director, Officer
1$0$0
WILL DARMANDIRECTOR/TREASURER
Trustee or director, Officer
1$0$0
JON BUDINGTONDIRECTOR
Trustee or director
1$0$0
DANNIELLE CAMPOSDIRECTOR
Trustee or director
1$0$0
EMILIO DIEZ BARROSODIRECTOR
Trustee or director
1$0$0
ARLENE FORDDIRECTOR
Trustee or director
1$0$0
SUSAN HIRSCHDIRECTOR
Trustee or director
1$0$0
BRENT KESSELDIRECTOR
Trustee or director
1$0$0
AMY LENANDEERDIRECTOR
Trustee or director
1$0$0
DELE OLADAPODIRECTOR
Trustee or director
1$0$0
ELLEN PINSCHMIDTDIRECTOR
Trustee or director
1$0$0
DEANNA SINGHDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
999 N CAPITOL ST NE, WASHINGTON, DC 20002-6096
In care of
% PAT GODFREY
Principal officer (990 for 2024)
MICHELLE RHONE-COLLINS, 999 NORTH CAPITOL STREET NE 310, WASHINGTON, DC 20002
Signed the 990
REBECCA ROSS, CHIEF OPER. & FIN. OFFICER
Phone
(202) 289-1151
Return prepared by
GELMAN ROSENBERG & FREEDMAN

Mission

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.

990 for the year ended June 30, 2025

Program accomplishments

  • 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, EARLY CHILDHOOD PROVIDERS, AND LOCAL AND NATIONAL GOVERNMENTS TO ADOPT ITS APPROACH ACROSS THE COUNTRY. LEARN MORE AT WHYWELIFT.ORG
    Expenses $7,999,711 · grants $404,280 · revenue $299,040

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
52-2168409
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1999
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Employment (J20)
Assets (IRS master file)
$26,948,573
Income (IRS master file)
$16,029,194

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$14,169,950$10,159,935$26,948,573XML
990June 2024$16,337,273$9,933,047$23,292,280XML
990June 2023$12,074,878$7,921,341$16,683,143XML
990June 2022$10,488,956$6,927,807$11,053,254IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-2168409).

Questions about LIFT INC

What is the EIN of LIFT INC?
The employer identification number (EIN) of LIFT INC is 52-2168409.
Is LIFT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to LIFT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LIFT INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LIFT INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LIFT INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of LIFT INC?
The 990 for the year ended June 30, 2025 names MICHELLE RHONE-COLLINS.
Who are the officers and directors of LIFT INC?
The 990 for the year ended June 30, 2025 lists 23 people; 9 received compensation from the organization, the highest $297,168 (MICHELLE RHONE-COLLINS, CHIEF EXECUTIVE OFFICER).
How much revenue does LIFT INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $14,169,950, expenses of $10,159,935 and total assets of $26,948,573 at year end.

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