Lifting Lives EIN 87-0464961 Form 990 (PDF) Claim this org

Lifting Lives

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Improves lives by providing education, healthcare, and basic needs assistance to the impoverished. For fiscal year 2025 it reported $585K in revenue, $479K in expenses, and $1.3M in net assets.Pt I

Founded
1987
Type
Public charity (501(c)(3)) · International
Location
Farmington, UT
Filings
6 on file (2020–2025)
Revenue
$585KFY2025
Expenses
$479K
Net assets
$1.3M
People
5
Filings
6
Updates
0
More identity details & actions ⌄
EIN  87-0464961 Public charity (501(c)(3)) Farmington, UT Founded 1987
Form 990 (PDF)
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Size
$100K–1M
What they do
Improves lives by providing education, healthcare, and basic needs assistance to the impoverished.
Leadership
Carolyne Ashiono · Director
Money in and out
$585K revenue, $479K expenses
Bottom line
99% program efficiency
Where the money goes · FY2025
Total revenue
$585K
Pt VIII · Ln 12
Total expenses
$479K
Pt IX · Ln 25
Net assets
$1.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $106K
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.01 Fundraising $0.00
Program efficiency
99%
of spending reaches programs+0.3% vs prior filing year
Operating runway
12.2mo
months of highly liquid reserves at operating expense rate▼ -33% vs prior filing year
Surplus margin
+18%
revenue over expenses, this year▼ -59% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$585K
FY2025▼ -44%
Expenses
$479K
FY2025▼ -18%
Total assets
$1.3M
FY2025▲ +47%
Total liabilities
$0
FY2025▼ -100%
Total revenue
$585K
Pt VIII · Ln 12
Total expenses
$479K
Pt IX · Ln 25
Net assets
$1.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$106K
Total assetsPt X · Ln 16$1.3M
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLifting Lives
EINHdr · item D87-0464961
Principal addressHdr · item CFarmington, UT
WebsiteHdr · item Jnone reported
Year of formationHdr · item L1987
State of legal domicileHdr · item MUT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q230)
Ruling yearIRS BMFAug 1991

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

2 program services account for $476K of program spending, described in the organization's own filed words · FY2025.
01

Lifting Lives Foundation is dedicated to the holistic development of orphaned and vulnerable children, providing stable housing, comprehensive nutrition, and educational support. Our mission centers on mentoring each child toward self-sufficiency and responsible citizenship.

$474Kprogram expense
02

While our primary focus remains in Kenya, we maintain a secondary program to provide targeted emergency assistance, including healthcare access and trauma support, to families in Mexico through a rigorous, committee-based referral process. Only a small portion of the funds are used for the secondary programs.

$2Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$564K · 96%
Investment income$21K · 4%
Contributions & grants96%$564K
Investment income4%$21K
Total revenueLn 12$585K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01 Fundraising $0.00
Program services99%$476K
Management & general1%$3K
Fundraising$51
Total functional expensesLn 25$479K

Balance Sheet

Part X · end of year
CashLn 1$489K
Total assetsLn 16$1.3M
Total liabilitiesLn 26$0
Total net assetsLn 32$1.3M
Months of cash on handcomputed12.2

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $489K · Operating expenses/yr $479K
12.2 months
Where the money goes
Program services
Program services $476K · Total expenses $479K
99%
Management & General
Management & general $3K · Total expenses $479K
0.6%
Fundraising
Fundraising $51 · Total expenses $479K
0.01%
Cost to raise $1
Fundraising expense (3-yr avg) $633 · Solicited contributions (3-yr avg) $648K
$0.00 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $564K · Total revenue $585K
96%
Government reliance
Government grants — · Total revenue $585K
Earned-income share
Program service revenue $0 · Total revenue $585K
0%
Investment reliance
Investment income $21K · Total revenue $585K
+4%
Program self-sufficiency
Program service revenue $0 · Total expenses $479K
0%
Growth & trend
Revenue growth (YoY)
This year $585K · Prior year $1.1M
-44%
Revenue CAGR
FY2020 $145K · FY2025 $585K
+32%
Net-asset trend (YoY)
End of year $1.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $585K · Expenses $479K
+18%
Liabilities-to-Assets
Total liabilities — · Total assets $1.3M
Net-asset ratio
Net assets $1.3M · Total assets $1.3M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $1.3M
0%
People & payroll
Highest Reported Total Compensation
Individual Carolyne Ashiono · Reported title Director · Highest reported compensation $0 · Total expenses $479K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $479K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 99%
Overhead ratio 0.6%
Fundraising cost ratio <0.01%
Revenue growth -44%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$14K
Grants paid · 2 grants · $33K · 2021–2022
Unitemized GrantFY2022$9,671
Unitemized GrantFY2021$23,762

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$585K revenue · viewing · ⤓ 990 PDF
FY2024$1.1M revenue · ⤓ 990 PDF
FY2023$388K revenue · ⤓ 990 PDF
FY2022$423K revenue · ⤓ 990 PDF
FY2021$396K revenue · ⤓ 990 PDF
FY2020$145K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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