Lift INC FY2021 filing

Tax-deductible

Tupelo, MS501(c)(3)Since 1956EIN 64-0433402Revenue $4.1M in FY2021

On file with the IRSPo Box 2399, 38803-2399 · Tupelo, MSTax-exempt since Jan 1966Publicly supported charity — 170(b)(1)(A)(vi)

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To empower individuals and families toward self-sufficiency by providing quality programs, services, and opportunities and to help shape the future of our area communities through dialogue and consensus building.

501(c)(3) charity; gifts are tax-deductible.
95¢ of each $1 spent went to programs.
$98K 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

FY2021 · 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
6 of 6
filings with a surplus
Average surplus $62K a year · 1% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$98K
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.7 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$518K
168% of total assets
Concern: liabilities are 168% of assets; over 80%.
Pt X · Ln 26
Independent board members
24
of 24 voting members
Looks good: 24 of 24 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.1M
+5% vs prior year
Spent
$4.1M
To programs
95%
Net assets
−$209K
By yearFY2020–FY2025
Revenue
$4.1M
FY2021▲ +5%
Tap a bar for its year
Revenue by fiscal year
FY2020$3.9M
FY2021$4.1M
FY2022$6.5M
FY2023$6.1M
FY2024$5.3M
FY2025$5.1M
Expenses
$4.1M
FY2021▲ +5%
Tap a bar for its year
Expenses by fiscal year
FY2020$3.9M
FY2021$4.1M
FY2022$6.4M
FY2023$6.0M
FY2024$5.2M
FY2025$5.0M
Net assets
−$209K
FY2021▲ +3%
Tap a bar for its year
Net assets by fiscal year
FY2020−$216K
FY2021−$209K
FY2022−$155K
FY2023−$16K
FY2024$71K
FY2025$134K

From the FY2021 Form 990 (year ending September 2021) · figures checked against the IRS filing · see the original

990 PDF Claim
You’re viewing the FY2021 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 Jan 1966.

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

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $3.9M Management & general 5% · $198K

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

26 people listed on the 990; $98K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Director
$59,666Pt VII · Sec A
$38,648Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Chairman
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Vice-Chairman
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Dorothy Leasy$102,485$98,585$84,285$84,285$59,666$63,664
Chevelle Powell$76,025$72,100$57,825$57,825$38,648$41,387

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 people toward self-sufficiency and shapes communities through programs and dialogue.

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Provided by the organization

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2 programs · $3.9M · in their own filed words · FY2020
01

Energy Assistance & Conservation

provides direct assistance to low income households to offset energy costs and weatherization

$2.6Mprogram expense
02

Community Service- provides overall management of agency projects and provided assistance to low-income families that are found to be in need of food, shelter, clothing and utility assitance

$1.2Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 11 grants · $15.3M · 2019–2023
Unitemized GrantFY2023$3,279,385
Unitemized GrantFY2023$203,705
Unitemized GrantFY2021$2,764,570
Unitemized GrantFY2021$2,114,469
Unitemized GrantFY2021$700,276
Unitemized GrantFY2021$623,058
Unitemized GrantFY2021$177,186
Unitemized GrantFY2020$2,197,084
Unitemized GrantFY2020$606,653
Unitemized GrantFY2019$2,263,127
Unitemized GrantFY2019$378,298

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$4.1M
Ln 12
Gifts and grantsLn 1h$4.0M
Other incomeLn 4–11$53K
Investment incomeLn 3$101
Money outPt IX
$4.1M
Ln 25
Programscol B$3.9M
Managementcol C$198K
Owns and owesPt X
−$209K
net assets · Ln 32
Cash and savingsLn 1–2$229K
Total assetsLn 16$309K
LiabilitiesLn 26$518K
PeoplePt VI, VII
26
listed · VII A
PaidVII A2
Voting boardVI 1a24
IndependentVI 1b24
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.0M
Government grantsLn 1e$4.0M
Investment incomeLn 3$101
Other incomeLn 4–11$53K
Total revenueLn 12$4.1M
Assets in detailPt X, end of year
CashLn 1$229K
Cash and savings togetherLn 1–2$229K
Land, buildings, equipmentLn 10c$57K
Total assetsLn 16$309K
LiabilitiesLn 26$518K
Net assetsLn 32−$209K
OperationsPt I, VI
EmployeesI 522
VolunteersI 60
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$83K$229K
Land, buildings, equipmentLn 10c$71K$57K
Total assetsLn 16$226K$309K
LiabilitiesLn 26$443K$518K
Net assetsLn 32−$216K−$209K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$2.8M$2.8M
Other salaries and wagesLn 7$687K$563K$124K$0
Other employee benefitsLn 9$148K$121K$27K$0
Accounting feesLn 11c$30K$30K$0$0
Other fees for servicesLn 11g$17K$17K$0$0
Advertising and promotionLn 12$759$759$0$0
Office expensesLn 13$135K$111K$23K$0
OccupancyLn 16$159K$158K$726$0
TravelLn 17$6K$6K$0$0
Conferences, conventions and meetingsLn 19$12K$12K$0$0
Depreciation, depletion and amortizationLn 22$14K$14K$0$0
InsuranceLn 23$35K$14K$22K$0
Other expenses (24a–d)Ln 24$11K$10K$1K$0
Total functional expensesLn 25$4.1M$3.9M$198K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $5.1M$5.0M$63K$134K 990 PDF
FY2024 $5.3M$5.2M$87K$71K 990 PDF
FY2023 $6.1M$6.0M$138K−$16K 990 PDF
FY2022 $6.5M$6.4M$54K−$155K 990 PDF
FY2021 Viewing $4.1M$4.1M$9K−$209K 990 PDF
FY2020 $3.9M$3.9M$18K−$216K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $4,064,003 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,846,527$4,010,436
I-9 Program service revenue$0
I-10 Investment incomePrior year $100$101
I-11 Other revenuePrior year $25,987$53,466
I-12 Total revenuePrior year $3,872,614$4,064,003
I-13 Grants and similar amounts paidPrior year $2,641,425$2,798,606
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $876,383$835,023
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $336,504$421,101
I-18 Total expensesPrior year $3,854,312$4,054,730
I-19 Revenue less expensesPrior year $18,302$9,273
Part VI · Governance 24 of 24 board members independent, 1 to look at
VI-1a Voting members of the governing body24
VI-1b Independent voting members24
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $4,064,003 across 7 lines filed
VIII-1e Government grants$4,001,289
VIII-1f All other contributions, gifts and grants$9,147
VIII-1h Total contributions, gifts and grants$4,010,436
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $0$101
VIII-6 Net rental income or lossRelated to mission $5,000$5,000
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $48,466 · Unrelated business $0 · Excluded from tax $0$48,466
VIII-12 Total revenueRelated to mission $53,567 · Unrelated business $0 · Excluded from tax $0$4,064,003
Part IX · Statement of functional expenses $4,054,730 across 13 lines filed
IX-2 Grants to domestic individualsPrograms $2,798,606$2,798,606
IX-7 Other salaries and wagesPrograms $562,857 · Management $124,305 · Fundraising $0$687,162
IX-9 Other employee benefitsPrograms $121,113 · Management $26,748 · Fundraising $0$147,861
IX-11c Accounting feesPrograms $30,120 · Management $0 · Fundraising $0$30,120
IX-11g Other fees for servicesPrograms $17,489 · Management $0 · Fundraising $0$17,489
IX-12 Advertising and promotionPrograms $759 · Management $0 · Fundraising $0$759
IX-13 Office expensesPrograms $111,071 · Management $23,459 · Fundraising $0$134,530
IX-16 OccupancyPrograms $158,461 · Management $726 · Fundraising $0$159,187
IX-17 TravelPrograms $6,099 · Management $0 · Fundraising $0$6,099
IX-19 Conferences, conventions and meetingsPrograms $12,248 · Management $0 · Fundraising $0$12,248
IX-22 Depreciation, depletion and amortizationPrograms $14,375 · Management $0 · Fundraising $0$14,375
IX-23 InsurancePrograms $13,678 · Management $21,703 · Fundraising $0$35,381
IX-24 Other expenses (24a–d)Programs $9,593 · Management $1,320 · Fundraising $0$10,913
IX-25 Total functional expensesPrograms $3,856,469 · Management $198,261 · Fundraising $0$4,054,730
Part X · Balance sheet $308,777 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $82,709$229,261
X-3 Pledges and grants receivableStart of year $72,752$22,906
X-10c Land, buildings and equipment, netStart of year $70,984$56,610
X-16 Total assetsStart of year $226,445$308,777
X-17 Accounts payable and accrued expensesStart of year $325,109$16,213
X-18 Grants payableStart of year $26,749$103,192
X-19 Deferred revenueStart of year $64,523$363,768
X-25 Other liabilitiesStart of year $26,265$34,777
X-26 Total liabilitiesStart of year $442,646$517,950
X-27 Net assets without donor restrictionsStart of year −$216,201−$209,173
X-32 Total net assets or fund balancesStart of year −$216,201−$209,173
X-33 Total liabilities and net assetsStart of year $226,445$308,777
Part XI · Reconciliation of net assets −$209,173 net assets at year end
XI-1 Total revenue$4,064,003
XI-2 Total expenses$4,054,730
XI-3 Revenue less expenses$9,273
XI-4 Net assets at start of year−$216,201
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets−$2,245
XI-10 Net assets at end of year−$209,173

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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