Nonprofit · EIN 74-2712770
LIFTFUND INC
Tax-exempt · SAN ANTONIO, TX 78207
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $30,110,957 | $27,680,199 | $2,430,758 | $116,870,475 | $81,537,627 | $35,332,848 |
| December 31, 2024 | 990 | $22,062,214 | $27,088,671 | -$5,026,457 | $102,981,540 | $70,079,450 | $32,902,090 |
| December 31, 2023 | 990 | $40,563,122 | $40,111,518 | $451,604 | $98,180,991 | $60,372,745 | $37,808,246 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $16,292,889
- of which government grants
- $10,680,004
- Program service revenue
- $12,206,135
- Investment income
- $1,585,057
- Net rental income
- $20,788
- Net gain from sales of assets
- $942,927
- Other revenue
- $26,876
Expenses
- Grants and similar amounts paid
- $6,367,596
- Compensation of officers, directors and key employees
- $500,158
- Other salaries and wages
- $6,628,458
- Salaries, compensation and benefits (total)
- $8,590,126
- Professional fundraising fees
- $0
- Occupancy
- $243,916
- Travel
- $88,445
- Depreciation
- $789,709
- Program services (functional)
- $25,870,375
- Management and general (functional)
- $864,149
- Fundraising (functional)
- $945,675
Balance sheet and other
- Total assets, start of year
- $102,981,540
- Total assets, end of year
- $116,870,475
- Total liabilities, end of year
- $81,537,627
- Net assets, end of year
- $35,332,848
- Land, buildings and equipment
- $9,324,769
- Publicly traded securities
- $10,239,340
- Net assets without donor restrictions
- $35,332,848
- Gross receipts
- $30,110,957
- Employees
- 86
- Year formed
- 1994
- State of legal domicile
- TX
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AMY HEREFORD | President & CEO Officer | 50 | $276,321 |
| CHRISTOPHER S ALLEN | SVP SBA 504 | 50 | $246,576 |
| ADAM HENSON | COO & CFO Officer | 50 | $231,222 |
| JORGE SERRANO | VP SBA 504 | 50 | $214,209 |
| ADRIAN GONZALEZ | CHIEF CDC. OFCR | 50 | $205,965 |
| DUANGKAMOL THEPUATRAKUL | CHIEF TECH OFCR | 50 | $186,413 |
| AMANDA THOMSON LEE | SVP SBA 504 | 50 | $166,892 |
| YOLANDA DAVILA | Director Trustee or director | 1 | $0 |
| CHRISTOPHER RIOS | Director Trustee or director | 1 | $0 |
| RHONDA MCGOWAN | CHAIR Trustee or director, Officer | 1 | $0 |
| JOHN CHAMBERLAIN | Secretary Trustee or director, Officer | 1 | $0 |
| JAMES DREIBELBIS | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| VIKRAM S BAJAJ | Director Trustee or director | 1 | $0 |
| RAMIRO CAVAZOS | Director Trustee or director | 1 | $0 |
| STEVEN LACKOWSKI | Treasurer Trustee or director, Officer | 1 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM MOLL | Director Trustee or director | 1 | $0 |
| BRANDI CARBERRY-VITIER | Director Trustee or director | 1 | $0 |
| RICHARD PEREZ | Director Trustee or director | 1 | $0 |
| ROLANDO G BARRERA | Director Trustee or director | 1 | $0 |
| TREY SADIQ | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 22 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AMY HEREFORD | President & CEO Officer | 50 | $291,294 |
| ADRIAN GONZALEZ | CHIEF CDC. OFCR | 50 | $216,440 |
| CHRISTOPHER S ALLEN | SVP SBA 504 | 50 | $209,994 |
| ADAM HENSON | COO & CFO | 50 | $194,203 |
| DUANGKAMOL THEPUATRAKUL | CHIEF TECH OFCR | 50 | $183,836 |
| JORGE SERRANO | VP SBA 504 | 50 | $172,910 |
| JIMMIE KEENAN | Director Trustee or director | 1 | $0 |
| YOLANDA DAVILA | Director Trustee or director | 1 | $0 |
| JEFF BROUILLARD | Chairman Trustee or director, Officer | 1 | $0 |
| RHONDA MCGOWN | Director Trustee or director | 1 | $0 |
| JOHN CHAMBERLAIN | Secretary Trustee or director, Officer | 1 | $0 |
| JAMES DREIBELBIS | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| VIKRAM S BAJAJ | Director Trustee or director | 1 | $0 |
| RAMIRO CAVAZOS | Director Trustee or director | 1 | $0 |
| MICHELE HOSKINS PHD | Director Trustee or director | 1 | $0 |
| STEVEN LACKOWSKI | Treasurer Trustee or director, Officer | 1 | $0 |
| WILLIAM MOLL | Director Trustee or director | 1 | $0 |
| ANA RODRIGUEZ | Director Trustee or director | 1 | $0 |
| BRANDI CARBERRY-VITIER | Director Trustee or director | 1 | $0 |
| RICHARD PEREZ | Director Trustee or director | 1 | $0 |
| ROLANDO G BARRERA | Director Trustee or director | 1 | $0 |
| TREY SADIQ | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 24 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JANIE BARRERA | Founder and SVP Officer | 50 | $257,072 |
| AMY HEREFORD | GENERAL COUNSEL | 50 | $247,587 |
| NELLY ROJAS-MORENO | COO/CFO | 50 | $235,360 |
| ADRIAN GONZALEZ | CHIEF CDC OFFICER | 50 | $170,485 |
| CHRISTOPHER ALLEN | SVP SBA 504 | 50 | $165,858 |
| MICHAEL COULTER | CHIEF LENDING OFF. | 50 | $151,355 |
| LAURIE A VIGNAUD | President & CEO Officer | 50 | $126,218 |
| JIMMIE KEENAN | Director Trustee or director | 1 | $0 |
| YOLY DAVILA | Director Trustee or director | 1 | $0 |
| WILLIAM BROWN | Director Trustee or director | 1 | $0 |
| JEFF BROUILLARD | Chairman Trustee or director, Officer | 1 | $0 |
| DR DIANNA BURNS-BANKS MD | Director Trustee or director | 1 | $0 |
| RHONDA MCGOWN | Director Trustee or director | 1 | $0 |
| JOHN CHAMBERLAIN | Secretary Trustee or director, Officer | 1 | $0 |
| JAMES DREIBELBIS | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| VIKRAM S BAJAJ | Director Trustee or director | 1 | $0 |
| RAMIRO CAVAZOS | Director Trustee or director | 1 | $0 |
| MICHELE HOSKINS PHD | Director Trustee or director | 1 | $0 |
| STEVEN LACKOWSKI | Treasurer Trustee or director, Officer | 1 | $0 |
| WILLIAM MOLL | Director Trustee or director | 1 | $0 |
| ANA RODRIGUEZ | Director Trustee or director | 1 | $0 |
| BRANDI CARBERRY-VITIER | Director Trustee or director | 1 | $0 |
| RICHARD PEREZ | Director Trustee or director | 1 | $0 |
| ROLANDO G BARRERA | Director Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2007 W MARTIN ST, SAN ANTONIO, TX 78207-2630
- In care of
- % LIFT
- Principal officer (990 for 2025)
- AMY HEREFORD, 2007 WEST MARTIN ST, SAN ANTONIO, TX 78207
- Signed the 990
- ADAM HENSON, COO & CFO
- Phone
- (210) 226-3664
- Website
- WWW.LIFTFUND.COM
- Return prepared by
- SCHRIVER CARMONA & COMPANY PLLC
Mission
LIFTFUNDS MISSION IS TO TRANSFORM LIVES BY OFFERING FINANCIAL RESOURCES AND SUPPORT SERVICES DESIGNED TO PROMOTE ECONOMIC EMPOWERMENT AND UPLIFT ENTREPRENEURS, SMALL BUSINESSES, THEIR NEIGHBORS AND SURROUNDING COMMUNITIES.
Program accomplishments
- LIFTFUND PROVIDES CREDIT AND OTHER SERVICES TO SMALL BUSINESSES THAT DO NOT HAVEACCESS TO LOANS FROM COMMERCIAL SOURCES. UNDER DIRECT LENDING OPERATIONS, LIFTFUNDPROVIDED 766 MICRO AND SMALL BUSINESS LOANS, AND UNDER THE SBA 504 PROGRAM, 43 NEWLOANS WERE CLOSED IN THE FISCAL YEAR ENDED 12/31/2025. WITH MORE THAN $69.9 MILLION IN LOANS OUTSTANDING AS OF DECEMBER 31, 2025, LIFTFUND IS REGARDED AS ONE OF THE LARGEST AND BEST PERFORMING MICROFINANCE INSTITUTIONS IN THE UNITED STATES. LIFTFUNDCOMPLEMENTED ITS CAPITAL WITH 4,327 HOURS OF TECHNICAL ASSISTANCE PROVIDED TO 2,265ENTREPRENEURS. THROUGH ITS LOANS AND SERVICES, LIFTFUND HAS HELPED CREATE OR RETAINTHOUSANDS OF JOBS IN LOW TO MODERATE INCOME AREAS, CONTRIBUTING TO THE ECONOMICREVITALIZATION OF UNDERSERVED COMMUNITIES.Expenses $19,502,779 · revenue $12,206,135
- DURING THE YEAR ENDED DECEMBER 31, 2025, LIFTFUND WORKED WITH SEVERAL CITIES,COUNTIES, MUNICIPALITIES AND FOUNDATIONS TO HELP DISTRIBUTE GRANTS AS A SUBRECIPIENTTO SMALL BUSINESSES THROUGHOUT THE YEAR. LIFTFUND AWARDED 655 GRANTS TO VARIOUS SMALL BUSINESSES THROUGHOUT THE COMMUNITIES WE SERVE AMOUNTING TO OVER $6.4 MILLION IN BUSINESS SUPPORT FUNDING.Expenses $6,367,596 · grants $6,367,596 · revenue $6,367,596
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 74-2712770
- 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
- 1994
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S43)
- Assets (IRS master file)
- $116,870,475
- Income (IRS master file)
- $30,110,957
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $30,110,957 | $27,680,199 | $116,870,475 | XML |
| 990 | December 2024 | $22,062,214 | $27,088,671 | $102,981,540 | XML |
| 990 | December 2023 | $40,563,122 | $40,111,518 | $98,180,991 | XML |
| 990 | December 2022 | $51,818,585 | $51,220,030 | $84,840,423 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 74-2712770).
Questions about LIFTFUND INC
- What is the EIN of LIFTFUND INC?
- The employer identification number (EIN) of LIFTFUND INC is 74-2712770.
- Is LIFTFUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to LIFTFUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LIFTFUND 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 LIFTFUND INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LIFTFUND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of LIFTFUND INC?
- The 990 for the year ended December 31, 2025 names AMY HEREFORD.
- Who are the officers and directors of LIFTFUND INC?
- The 990 for the year ended December 31, 2025 lists 20 people; 7 received compensation from the organization, the highest $276,321 (AMY HEREFORD, President & CEO).
- How much revenue does LIFTFUND INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $30,110,957, expenses of $27,680,199 and total assets of $116,870,475 at year end.
Other nonprofits in SAN ANTONIO
- AVANCE INC EIN 91-2074499 · last filed 990 for 2025
- OPERATION HOMEFRONT INC EIN 32-0033325 · last filed 990 for 2025
- VISIT SAN ANTONIO EIN 81-3047762 · last filed 990 for 2025
- AVANCE INC EIN 74-1769114 · last filed 990 for 2025
- NATIONAL ASSOCIATION FOR LATINO COMMUNITY ASSET BUILDERS EIN 20-0774672 · last filed 990 for 2024
- SAN ANTONIO TOURISM PUBLIC IMPROVEMENT DISTRICT CORPORATION EIN 83-3898754 · last filed 990 for 2025
- AMERICAN AGAPE FOUNDATION INC EIN 37-1804350 · last filed 990 for 2025
- UVALDE NEW SCHOOL FOUNDATION EIN 99-3903410 · last filed 990 for 2024
All nonprofits in SAN ANTONIO · Texas · Community improvement and capacity building