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Nonprofit · EIN 85-0819002

LIFT JAX INC

Tax-exempt · JACKSONVILLE, FL 32202

Financials

$3M$1.7M2023$5.1M$3.3M2024
Revenue Expenses · by fiscal year end
Financials of LIFT JAX INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$5,074,416$3,317,528$1,756,888$7,296,256$788,602$6,507,654
December 31, 2023990$3,005,003$1,720,916$1,284,087$5,260,756$509,990$4,750,766
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$5,085,873
of which government grants
$3,125,000
Program service revenue
$0
Investment income
-$33,846
Net rental income
$22,389
Net gain from sales of assets
-$35,816
Other revenue
$22,389

Expenses

Grants and similar amounts paid
$527,335
Compensation of officers, directors and key employees
$309,630
Other salaries and wages
$48,373
Salaries, compensation and benefits (total)
$389,728
Professional fundraising fees
$0
Legal fees
$150
Accounting fees
$69,985
Occupancy
$13,909
Travel
$18,029
Depreciation
$68,969
Program services (functional)
$3,042,022
Management and general (functional)
$121,138
Fundraising (functional)
$154,368

Balance sheet and other

Total assets, start of year
$5,260,756
Total assets, end of year
$7,296,256
Total liabilities, end of year
$788,602
Net assets, end of year
$6,507,654
Land, buildings and equipment
$3,400,364
Net assets without donor restrictions
$5,281,887
Net assets with donor restrictions
$1,225,767
Gross receipts
$5,110,232
Employees
4
Volunteers
25
Year formed
2020
State of legal domicile
FL

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
David GarfunkelPresident & CEO
Officer
40$178,379
Travis WilliamsCOO
Highest-paid employee
40$131,250
Courtney HarrisBoard Member
Trustee or director
2$0
Dr Rudy JamisonSecretary
Trustee or director
2$0
Ellen WissVice Chair
Trustee or director
2$0
Michelle BraunChair
Trustee or director
2$0
Pastor Harry WilliamsBoard Member
Trustee or director
2$0
Peter GunnlaugssonTreasurer
Trustee or director
2$0
Suzanne PickettVice Chair
Trustee or director
2$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
David GarfunkelPresident & CEO
Officer
40$158,552
Travis WilliamsCOO
Highest-paid employee
40$118,754
Darnell SmithChair
Trustee or director
2$0
Dr Rudy JamisonSecretary
Trustee or director
2$0
Ellen WissVice Chair
Trustee or director
2$0
Michelle BraunBoard Member
Trustee or director
2$0
Pastor Harry WilliamsBoard Member
Trustee or director
2$0
Peter GunnlaugssonTreasurer
Trustee or director
2$0
Suzanne PickettVice Chair
Trustee or director
2$0

Address and contacts

Address (IRS master file)
40 E ADAMS ST STE 200, JACKSONVILLE, FL 32202-3357
Principal officer (990 for 2024)
Travis Williams, 40 East Adams Street 350, Jacksonville, FL 32202
Signed the 990
Travis Williams, President
Phone
(617) 935-2791
Return prepared by
Forvis Mazars LLP

Mission

LIFT JAX IS AN INITIATIVE OF BUSINESS AND COMMUNITY LEADERS WORKING TO ERADICATE GENERATIONAL POVERTY IN JACKSONVILLE.

990 for the year ended December 31, 2024

Program accomplishments

  • LIFT JAX provides grants and assistance to partner organizations in connection with the improvement of community transformation, provided such organizations operate in a manner that furthers the exempt purpose of LIFT JAX. All organizations that receive funds implement activities that address the deteriorated conditions of the communities LIFT JAX serves, in an effort to improve blighted areas and prevent further economic decline.
    Expenses $3,042,022 · grants $527,335 · revenue -$35,816

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
85-0819002
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
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$7,296,256
Income (IRS master file)
$5,110,232

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$5,074,416$3,317,528$7,296,256IRS
990December 2023$3,005,003$1,720,916$5,260,756XML
990December 2022$1,333,566$1,284,264$3,483,375IRS
990December 2021–––IRS
990-EZDecember 2020–––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 85-0819002).

Questions about LIFT JAX INC

What is the EIN of LIFT JAX INC?
The employer identification number (EIN) of LIFT JAX INC is 85-0819002.
Is LIFT JAX INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to LIFT JAX INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LIFT JAX 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 JAX INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LIFT JAX INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of LIFT JAX INC?
The 990 for the year ended December 31, 2024 names Travis Williams.
Who are the officers and directors of LIFT JAX INC?
The 990 for the year ended December 31, 2024 lists 9 people; 2 received compensation from the organization, the highest $178,379 (David Garfunkel, President & CEO).
How much revenue does LIFT JAX INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $5,074,416, expenses of $3,317,528 and total assets of $7,296,256 at year end.

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