The mission of Lift is to empower families to break the cycle of poverty.

501(c)(3) charity; gifts are tax-deductible.
77¢ of each $1 spent went to programs.
$1.3M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2022 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $3.2M a year · 29% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.3M
to officers and key staff · 19% of spending
Fine: pay to officers and key staff is 19% of spending; 15% to 20%.
Pt VII · Sec A
12 mo
of spending, in cash
Looks good: 11.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $75K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$982K
9% of total assets
Looks good: liabilities are 9% of assets; 50% or less.
Pt X · Ln 26
Independent board members
12
of 13 voting members
Looks good: 12 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$10.5M
+23% vs prior year
Spent
$6.9M
To programs
77%
Net assets
$10.1M
By yearFY2020–FY2025
Revenue
$10.5M
FY2022▲ +23%
Tap a bar for its year
Revenue by fiscal year
FY2020$6.1M
FY2021$8.5M
FY2022$10.5M
FY2023$12.1M
FY2024$16.3M
FY2025$14.2M
Expenses
$6.9M
FY2022▲ +8%
Tap a bar for its year
Expenses by fiscal year
FY2020$6.9M
FY2021$6.4M
FY2022$6.9M
FY2023$7.9M
FY2024$9.9M
FY2025$10.2M
Net assets
$10.1M
FY2022▲ +55%
Tap a bar for its year
Net assets by fiscal year
FY2020$4.4M
FY2021$6.5M
FY2022$10.1M
FY2023$14.2M
FY2024$20.7M
FY2025$24.7M

From the FY2022 Form 990 (year ending June 2022) · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 1999.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $5.4M Management & general 15% · $1.1M Fundraising 8% · $520K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

21 people listed on the 990; $1.3M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Chief Executive Officer
$240,896Pt VII · Sec A
Chief Advancement & Cities Officer
$191,983Pt VII · Sec A
Exec. Dir. - Ny&vp, Org. Impact
$180,515Pt VII · Sec A
Executive Director - La
$165,824Pt VII · Sec A
Exec. Director - DC (until 5/2022)
$141,234Pt VII · Sec A
SVP, Fin. & Admin. (until 10/2021)
$138,524Pt VII · Sec A
Chief Program Officer
$127,805Pt VII · Sec A
Executive Director - Chi
$114,980Pt VII · Sec A

Michelle Rhone-Collins’s $297K as Chief Executive Officer is at the 68th percentile of top reported officer pay among 414 $10–100M employment nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Michelle Rhone-Collins$297,168$340,257$253,488$240,896$240,896$219,278
Gabriel Scheck$219,005$211,804$205,319$191,983$191,983$57,976
Rebecca Ross$215,975$206,988$140,001———
Helah Robinson$191,221$179,378$157,762$127,805$127,805—
Allison Olson$191,192$181,344$173,191$165,824$165,824$153,005
Xiomara Romain$159,080$175,944$175,989$180,515$180,515$107,806
Neils Ribeiro-Yemofio$159,702—————
Sarah Spunt$151,008$152,897$125,538$114,980$114,980—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Empowers families to break the cycle of poverty through education and support.

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Provided by the organization

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1 program · $5.4M · in their own filed words · FY2021
01

Founded in 1998, lift 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.

$5.4Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$75K
Grants paid · 14 grants · $2.8M · 2019–2024
Unitemized GrantFY2024$222,348
Unitemized GrantFY2024$168,416
Unitemized GrantFY2024$13,516
Unitemized GrantFY2023$210,900
Unitemized GrantFY2023$59,178
Unitemized GrantFY2023$13,840
Unitemized GrantFY2022$180,648
Unitemized GrantFY2022$77,209
Unitemized GrantFY2022$11,068
Unitemized GrantFY2021$253,427
Unitemized GrantFY2020$601,413
Unitemized GrantFY2020$12,804
Unitemized GrantFY2019$857,812
Unitemized GrantFY2019$159,750

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$10.5M
Ln 12
Gifts and grantsLn 1h$10.4M
Other incomeLn 4–11$44K
Investment incomeLn 3$1K
Money outPt IX
$6.9M
Ln 25
Programscol B$5.4M
Managementcol C$1.1M
Fundraisingcol D$520K
Owns and owesPt X
$10.1M
net assets · Ln 32
Cash and savingsLn 1–2$6.9M
Total assetsLn 16$11.1M
LiabilitiesLn 26$982K
PeoplePt VI, VII
21
listed · VII A
PaidVII A8
Voting boardVI 1a13
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$10.4M
Government grantsLn 1e$97K
Noncash giftsLn 1g$188K
Fundraising eventsLn 1c$27K
Investment incomeLn 3$1K
Other incomeLn 4–11$44K
Gains on assetsLn 7$609
Total revenueLn 12$10.5M
Assets in detailPt X, end of year
CashLn 1$5.0M
SavingsLn 2$1.9M
Cash and savings togetherLn 1–2$6.9M
Land, buildings, equipmentLn 10c$327K
Other assetsLn 15$47K
Total assetsLn 16$11.1M
LiabilitiesLn 26$982K
Net assetsLn 32$10.1M
OperationsPt I, VI
EmployeesI 569
VolunteersI 649
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$4.8M$6.9M
Land, buildings, equipmentLn 10c$391K$327K
Total assetsLn 16$7.5M$11.1M
LiabilitiesLn 26$980K$982K
Net assetsLn 32$6.5M$10.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$253K$253K
Pay of current officers, directors and key staffLn 5$801K$548K$117K$135K
Other salaries and wagesLn 7$3.3M$2.5M$570K$214K
Pension plan contributionsLn 8$88K$67K$17K$4K
Other employee benefitsLn 9$293K$225K$50K$18K
Payroll taxesLn 10$338K$253K$57K$28K
Legal feesLn 11b$15K$15K
Accounting feesLn 11c$6K$6K
Professional fundraising feesLn 11e$53K$53K
Investment management feesLn 11f$150$150
Other fees for servicesLn 11g$786K$699K$88K
Advertising and promotionLn 12$11K$8K$2K$877
Office expensesLn 13$54K$46K$6K$3K
Information technologyLn 14$181K$136K$30K$15K
OccupancyLn 16$360K$270K$61K$30K
TravelLn 17$45K$34K$8K$4K
Conferences, conventions and meetingsLn 19$47K$39K$6K$2K
Depreciation, depletion and amortizationLn 22$64K$48K$11K$5K
InsuranceLn 23$33K$25K$6K$3K
Other expenses (24a–d)Ln 24$171K$160K$7K$4K
All other expensesLn 24e$12K$9K$2K$969
Total functional expensesLn 25$6.9M$5.4M$1.1M$520K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $14.2M$10.2M$4.0M$24.7M 990 PDF
FY2024 $16.3M$9.9M$6.4M$20.7M 990 PDF
FY2023 $12.1M$7.9M$4.2M$14.2M 990 PDF
FY2022 Viewing $10.5M$6.9M$3.6M$10.1M 990 PDF
FY2021 $8.5M$6.4M$2.1M$6.5M 990 PDF
FY2020 $6.1M$6.9M−$785K$4.4M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash J · Pay O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $10,488,956 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $8,509,521$10,444,032
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $700$1,132
I-11 Other revenuePrior year $646$43,792
I-12 Total revenuePrior year $8,510,867$10,488,956
I-13 Grants and similar amounts paidPrior year $614,217$253,427
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $4,363,581$4,836,216
I-16a Professional fundraising feesPrior year $10,500$53,264
I-17 Other expensesPrior year $1,427,237$1,784,900
I-18 Total expensesPrior year $6,415,535$6,927,807
I-19 Revenue less expensesPrior year $2,095,332$3,561,149
Part VI · Governance 12 of 13 board members independent, no flags
VI-1a Voting members of the governing body13
VI-1b Independent voting members12
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $10,488,956 across 10 lines filed
VIII-1a Federated campaigns$32,500
VIII-1c Fundraising events$27,109
VIII-1e Government grants$97,000
VIII-1f All other contributions, gifts and grants$10,287,423
VIII-1g Noncash contributions (included above)$188,205
VIII-1h Total contributions, gifts and grants$10,444,032
VIII-3 Investment incomeExcluded from tax $523$523
VIII-7 Net gain or loss on sales of assetsExcluded from tax $609$609
VIII-8 Net income from fundraising eventsExcluded from tax $43,792$43,792
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $44,924$10,488,956
Part IX · Statement of functional expenses $6,927,807 across 21 lines filed
IX-2 Grants to domestic individualsPrograms $253,427$253,427
IX-5 Pay of current officers, directors and key staffPrograms $548,275 · Management $117,158 · Fundraising $135,295$800,728
IX-7 Other salaries and wagesPrograms $2,532,367 · Management $570,284 · Fundraising $214,003$3,316,654
IX-8 Pension plan contributionsPrograms $66,967 · Management $17,290 · Fundraising $4,224$88,481
IX-9 Other employee benefitsPrograms $225,036 · Management $49,647 · Fundraising $18,093$292,776
IX-10 Payroll taxesPrograms $253,083 · Management $56,608 · Fundraising $27,886$337,577
IX-11b Legal feesManagement $14,701$14,701
IX-11c Accounting feesManagement $5,880$5,880
IX-11e Professional fundraising feesFundraising $53,264$53,264
IX-11f Investment management feesManagement $150$150
IX-11g Other fees for servicesPrograms $698,685 · Management $87,545$786,230
IX-12 Advertising and promotionPrograms $7,955 · Management $1,779 · Fundraising $877$10,611
IX-13 Office expensesPrograms $45,747 · Management $5,794 · Fundraising $2,855$54,396
IX-14 Information technologyPrograms $135,971 · Management $30,414 · Fundraising $14,982$181,367
IX-16 OccupancyPrograms $269,741 · Management $60,540 · Fundraising $29,721$360,002
IX-17 TravelPrograms $33,780 · Management $7,556 · Fundraising $3,722$45,058
IX-19 Conferences, conventions and meetingsPrograms $38,834 · Management $6,172 · Fundraising $2,383$47,389
IX-22 Depreciation, depletion and amortizationPrograms $47,606 · Management $10,649 · Fundraising $5,245$63,500
IX-23 InsurancePrograms $24,856 · Management $5,560 · Fundraising $2,739$33,155
IX-24 Other expenses (24a–d)Programs $159,647 · Management $7,426 · Fundraising $3,659$170,732
IX-24e All other expensesPrograms $8,794 · Management $1,966 · Fundraising $969$11,729
IX-25 Total functional expensesPrograms $5,350,771 · Management $1,057,119 · Fundraising $519,917$6,927,807
Part X · Balance sheet $11,053,254 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $3,073,019$5,029,345
X-2 Savings and temporary cash investmentsStart of year $1,760,144$1,861,215
X-3 Pledges and grants receivableStart of year $2,083,910$3,573,907
X-4 Accounts receivableStart of year $1,759$81,543
X-9 Prepaid expenses and deferred chargesStart of year $87,950$132,433
X-10c Land, buildings and equipment, netStart of year $390,881$327,381
X-15 Other assetsStart of year $70,829$47,430
X-16 Total assetsStart of year $7,495,582$11,053,254
X-17 Accounts payable and accrued expensesStart of year $380,444$437,987
X-25 Other liabilitiesStart of year $600,038$543,918
X-26 Total liabilitiesStart of year $980,482$981,905
X-27 Net assets without donor restrictionsStart of year $4,216,665$5,832,138
X-28 Net assets with donor restrictionsStart of year $2,298,435$4,239,211
X-32 Total net assets or fund balancesStart of year $6,515,100$10,071,349
X-33 Total liabilities and net assetsStart of year $7,495,582$11,053,254
Part XI · Reconciliation of net assets $10,071,349 net assets at year end
XI-1 Total revenue$10,488,956
XI-2 Total expenses$6,927,807
XI-3 Revenue less expenses$3,561,149
XI-4 Net assets at start of year$6,515,100
XI-5 Net unrealized gains (losses) on investments−$4,900
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$10,071,349

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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