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LEARNING INDEPENDENCE FOR TOMORROW INCORPORATED: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
LEARNING INDEPENDENCE FOR TOMORROW INCORPORATED (EIN 46-1088977)
Tax period
2018-07-01 to 2019-06-30
Filed
2020-02-18
IRS object ID
202010499349300416
Schema version
2018v3.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2020-02-18T10:37:34-06:00ReturnTs
Tax Period End2019-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410746749PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLIFTONLARSONALLEN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1402 SOUTH KENTUCKY AVENUE SUITE 600AddressLine1Txt
CityLAKELANDCityNm
State AbbreviationFLStateAbbreviationCd
ZIP338015354ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2018-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN461088977EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LEARNING INDEPENDENCE FOR TOMORROW INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLEARBusinessNameControlTxt
Phone7274348322PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line113400 PARK BOULEVARDAddressLine1Txt
CitySEMINOLECityNm
State AbbreviationFLStateAbbreviationCd
ZIP33776ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKIM KURUZOVICHPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone7274348322PhoneNum
Signature2020-02-17SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLAUREN BALLARD CPAPreparerPersonNm
PTINP01451787PTIN
Phone8636805600PhoneNum
Preparation2020-02-03PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address67.137.57.251IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-02-17IPDt
IP Tm14:18:39IPTm
IP TimezoneESIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id42EE0E9546D8AEB8E437C990FBA34D5D7A5B1CB7AtSubmissionCreationDeviceId
At Submission Filing Device Id5FBB9CE86024E96F455FD228C10009FF6DBCA2E3AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-09-23 17:36:50ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1LIFT ACADEMYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerKIM KURUZOVICHPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line113400 PARK BOULEVARDAddressLine1Txt
CitySEMINOLECityNm
State AbbreviationFLStateAbbreviationCd
ZIP33776ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$2,019,892GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.LIFTACADEMY.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2012FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionTO DEVELOP TRADITIONAL AND NEURODIVERSE STUDENTS THROUGH CHALLENGING ACADEMICS.ActivityOrMissionDesc
Voting Members Governing Body6VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee57TotalEmployeeCnt
Total Volunteers121TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$17,678PYContributionsGrantsAmt
CY Contributions Grants$485,358CYContributionsGrantsAmt
PY Program Service Revenue$1,354,550PYProgramServiceRevenueAmt
CY Program Service Revenue$1,451,729CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$13,087CYInvestmentIncomeAmt
PY Other Revenue$322,270PYOtherRevenueAmt
CY Other Revenue-$64,226CYOtherRevenueAmt
PY Total Revenue$1,694,498PYTotalRevenueAmt
CY Total Revenue$1,885,948CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$41,457CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,084,666PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,456,257CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$177,681CYTotalFundraisingExpenseAmt
PY Other Expenses$475,781PYOtherExpensesAmt
CY Other Expenses$298,915CYOtherExpensesAmt
PY Total Expenses$1,560,447PYTotalExpensesAmt
CY Total Expenses$1,796,629CYTotalExpensesAmt
PY Revenues Less Expenses$134,051PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$89,319CYRevenuesLessExpensesAmt
Total Assets BOY$908,623TotalAssetsBOYAmt
Total Assets EOY$1,018,873TotalAssetsEOYAmt
Total Liabilities BOY$38,879TotalLiabilitiesBOYAmt
Total Liabilities EOY$31,159TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$869,744NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$987,714NetAssetsOrFundBalancesEOYAmt
MissionTO PROVIDE CHALLENGING ACADEMICS WHILE BUILDING CHARACTER AND CONFIDENCE, IN AN ACCEPTING AND INCLUSIVE ENVIRONMENT, SO TRADITIONAL STUDENTS AND THOSE WITH NEURODIVERSITIES CAN DEVELOP TO THEIR FULLEST POTENTIAL.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,443,560ExpenseAmt
Grant$41,457GrantAmt
Revenue$1,451,729RevenueAmt
DescLIFT IS A NOT-FOR-PROFIT EDUCATIONAL ORGANIZATION BASED IN PINELLAS COUNTY, FLORIDA. LIFT HAS TWO OUTSTANDING EDUCATIONAL PROGRAMS DEDICATED TO PROMOTING THE ADVANCEMENT OF KNOWLEDGE AND SKILLS IN EDUCATION WITHIN AN INCLUSIVE SETTING. LIFT ACADEMY, SERVING STUDENTS IN KINDERGARTEN THROUGH 12TH GRADE AND LIFT UNIVERSITY TRANSITION PROGRAM, A FOUR YEAR POST SECONDARY TRANSITION PROGRAM FOR YOUNG ADULTS. LIFT ASSISTS EACH STUDENT TO REACH THEIR POTENTIAL ACADEMICALLY AND DEVELOP NECESSARY SKILLS FOR INDEPENDENCE. TODAY LIFT BOASTS AN ENROLLMENT OF 125+ STUDENTS, 40+ STAFF MEMBERS AND A POST SECONDARY TRANSITION PROGRAM.Desc
Total Program Service Expenses$1,443,560TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document8IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee57EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members6GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KIM KURUZOVICHBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7274348322PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line113400 PARK BOULEVARDAddressLine1Txt
CitySEMINOLECityNm
State AbbreviationFLStateAbbreviationCd
ZIP33776ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (8 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
KELI MONDELLO
CHAIRMAN5.00Yes (X)Yes (X)$0$0$0
MATTHEW RICH
TREASURER2.50Yes (X)Yes (X)$0$0$0
DEBBIE KRAUJALIS WILLIAMSON
DIRECTOR UNTIL JULY 20182.50Yes (X)$0$0$0
ELLIAD GRANGER
DIRECTOR2.50Yes (X)$0$0$0
SERGIO CADAVID
DIRECTOR2.50Yes (X)$0$0$0
KYLE MAXSON
DIRECTOR2.50Yes (X)$0$0$0
KIM KURUZOVICH
EXECUTIVE DIRECTOR40.00Yes (X)Yes (X)$60,779$0$2,138
NANCY MRACEK
FINANCE DIRECTOR40.00Yes (X)$4,921$0$28
FieldValueIRS element (for citing)
Total Reportable Comp From Org$65,700TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$2,166TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$373,519FundraisingAmt
All Other Contributions$111,839AllOtherContributionsAmt
Noncash Contributions$14,270NoncashContributionsAmt
Total Contributions$485,358TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION & REGISTRATION611110$1,393,621$1,393,621
BEFORE & AFTER SCHOOL611110$31,621$31,621
OTHER FEES611110$19,433$19,433
FIELD TRIP & ACTIVITY611110$6,260$6,260
GRADUATION FEES611110$794$794
FieldValueIRS element (for citing)
Total Program Service Revenue$1,451,729TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$13,087TotalRevenueColumnAmt
Exclusion$13,087ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$69,718FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$373,519ContriRptFundraisingEventAmt
Fundraising Direct Expenses$133,944FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$64,226TotalRevenueColumnAmt
Exclusion-$64,226ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,885,948TotalRevenueColumnAmt
Related Or Exempt Func Income$1,451,729RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$51,139ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$41,457TotalAmt
Program Services$41,457ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$94,882TotalAmt
Program Services$75,906ProgramServicesAmt
Management And General$9,488ManagementAndGeneralAmt
Fundraising$9,488FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,219,122TotalAmt
Program Services$981,780ProgramServicesAmt
Management And General$118,671ManagementAndGeneralAmt
Fundraising$118,671FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$13,419TotalAmt
Program Services$10,735ProgramServicesAmt
Management And General$1,342ManagementAndGeneralAmt
Fundraising$1,342FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$32,761TotalAmt
Program Services$26,275ProgramServicesAmt
Management And General$3,243ManagementAndGeneralAmt
Fundraising$3,243FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$96,073TotalAmt
Program Services$76,859ProgramServicesAmt
Management And General$9,607ManagementAndGeneralAmt
Fundraising$9,607FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$7,680TotalAmt
Management And General$7,680ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$12,103TotalAmt
Management And General$4,396ManagementAndGeneralAmt
Fundraising$7,707FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$10,956TotalAmt
Program Services$8,985ProgramServicesAmt
Management And General$1,023ManagementAndGeneralAmt
Fundraising$948FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$24,067TotalAmt
Program Services$24,067ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$108,541TotalAmt
Program Services$89,441ProgramServicesAmt
Management And General$10,100ManagementAndGeneralAmt
Fundraising$9,000FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$12,841TotalAmt
Program Services$10,273ProgramServicesAmt
Management And General$1,284ManagementAndGeneralAmt
Fundraising$1,284FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$5,886TotalAmt
Program Services$1,427ProgramServicesAmt
Management And General$4,281ManagementAndGeneralAmt
Fundraising$178FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$17,065TotalAmt
Program Services$17,065ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$14,732TotalAmt
Program Services$10,544ProgramServicesAmt
Management And General$4,188ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtFundraisingFundraisingAmt
CURRICULUM AND SUPPLIES$32,032$32,032
STUDENT ACTIVITIES$22,452$22,452
DEVELOPMENT EXPENSE$16,213$16,213

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$14,347TotalAmt
Program Services$14,262ProgramServicesAmt
Management And General$85ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,796,629TotalAmt
Program Services$1,443,560ProgramServicesAmt
Management And General$175,388ManagementAndGeneralAmt
Fundraising$177,681FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$874,930BOYAmt
EOY$335,926EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$198BOYAmt
EOY$7,251EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$62,911LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$22,202LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$6,495BOYAmt
EOY$40,709EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
EOY$607,987EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$25,000BOYAmt
EOY$25,000EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$2,000BOYAmt
EOY$2,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$908,623BOYAmt
EOY$1,018,873EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$38,879BOYAmt
EOY$31,159EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$38,879BOYAmt
EOY$31,159EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$853,750BOYAmt
EOY$987,714EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$15,994BOYAmt
EOY$0EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$869,744BOYAmt
EOY$987,714EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$908,623BOYAmt
EOY$1,018,873EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$89,319ReconcilationRevenueExpnssAmt
Prior Period Adjustments$28,651PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$25,000BeginningYearBalanceAmt
End Year Balance$25,000EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Contributions$25,000ContributionsAmt
End Year Balance$25,000EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY1.00000BoardDesignatedBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$62,911OtherCostOrOtherBasisAmt
Depreciation$22,202DepreciationAmt
Book Value$40,709BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$40,709TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$1,842,374TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$1,842,374RevenueSubtotalAmt
Other Revenues Not Included$43,574OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$43,574RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,885,948TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,753,055TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$1,753,055ExpensesSubtotalAmt
Other Expenses Not Included$43,574OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$43,574ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,796,629TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE ACADEMY HAS ADOPTED ACCOUNTING STANDARDS CODIFICATION (ASC) 740-10 AS IT RELATES TO UNCERTAIN TAX POSITIONS. WHEN APPLICABLE, ANY INTEREST AND PENALTIES RECOGNIZED ASSOCIATED WITH A TAX POSITION ARE CLASSIFIED AS CURRENT LIABILITIES IN THE ACADEMY'S FINANCIAL STATEMENTS. THE ACADEMY IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS.
PART XI, LINE 4B - OTHER ADJUSTMENTS:SCHOLARSHIPS AND TUITION ASSISTANCE 41,457. ADJUSTMENT TO FUNDRAISING EVENT EXPENSES 2,117.
PART XII, LINE 4B - OTHER ADJUSTMENTS:SCHOLARSHIPS AND TUITION ASSISTANCE 41,457. ADJUSTMENT TO FUNDRAISING EVENT EXPENSES 2,117.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd0GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE E, PART I, LINE 3FormAndLineReferenceDesc
ExplanationTHE NONDISCRIMINATORY POLICY IS LOCATED IN EMPLOYEE AND STUDENT HANDBOOKS, ON REGISTRATION FORMS, AND ON THE ORGANIZATION'S WEBSITE.ExplanationTxt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event12019 LIFT YOUR SPIRITSEvent1Nm
Gross Receipts Event1$377,395GrossReceiptsEvent1Amt
Charitable Contri Event1$334,850CharitableContriEvent1Amt
Gross Revenue Event1$42,545GrossRevenueEvent1Amt
Non Cash Prizes Event1$14,270NonCashPrizesEvent1Amt
Rent Facility Costs Event1$7,015RentFacilityCostsEvent1Amt
Food And Beverage Event1$25,995FoodAndBeverageEvent1Amt
Entertainment Event1$1,320EntertainmentEvent1Amt
Other Direct Expenses Event1$48,815OtherDirectExpensesEvent1Amt
Event22018 RISE AWARDSEvent2Nm
Gross Receipts Event2$49,309GrossReceiptsEvent2Amt
Charitable Contri Event2$38,669CharitableContriEvent2Amt
Gross Revenue Event2$10,640GrossRevenueEvent2Amt
Rent Facility Costs Event2$11,076RentFacilityCostsEvent2Amt
Food And Beverage Event2$9,988FoodAndBeverageEvent2Amt
Other Direct Expenses Event2$6,934OtherDirectExpensesEvent2Amt
Other Events Total1OtherEventsTotalCnt
Gross Receipts Other Events$16,533GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$0CharitableContriOtherEventsAmt
Gross Revenue Other Events$16,533GrossRevenueOtherEventsAmt
Oth Direct Expnss Other Events$8,531OthDirectExpnssOtherEventsAmt
Gross Receipts Total$443,237GrossReceiptsTotalAmt
Charitable Contributions Tot$373,519CharitableContributionsTotAmt
Gross Revenue Total Events$69,718GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$14,270NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$18,091RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$35,983FoodAndBeverageTotalEventsAmt
Entertainment Total Events$1,320EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$64,280OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$133,944DirectExpenseSummaryEventsAmt
Net Income Summary-$64,226NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSTUDENT SCHOLARSHIPSGrantTypeTxt
Recipient26RecipientCnt
Cash Grant$41,457CashGrantAmt
Valuation Method UsedN/AValuationMethodUsedDesc
Non Cash AssistanceN/ANonCashAssistanceDesc

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationSCHOLARSHIPS ARE AWARDED BASED ON FINANCIAL NEED AND ARE VETTED THROUGH FACTS. SCHOLARSHIP AWARDS ARE APPLIED DIRECTLY TO TUITION - NO CHECKS ARE DISTRIBUTED TO STUDENTS, PARENTS, OR GUARDIANS.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BA COMPLETE COPY OF THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND THE FINANCE DIRECTOR AND THEN PROVIDED TO THE ENTIRE GOVERNING BODY FOR REVIEW PRIOR TO FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CLIFT'S POLICY IS THAT ALL POTENTIAL CONFLICTS OF INTEREST BE DISCLOSED FULLY AND IMMEDIATELY TO THE LIFT BOARD OF DIRECTORS FOR APPROPRIATE CONSIDERATION AND ACTION. TO AID IN THE DISCLOSURE PROCESS, MEMBERS ARE ASKED TO SUBMIT AN ANNUAL CONFLICT OF INTEREST DISCLOSURE AND CONFIDENTIALITY ACKNOWLEDGEMENT AND/OR WHENEVER A CONFLICT ARISES. DISCLOSURES THAT ARE MADE WILL BE PLACED ON THE AGENDA FOR CAREFUL REVIEW BY THE DISINTERESTED MEMBERS AND DOCUMENTED WITHIN MEETING MINUTES. THE DISINTERESTED MEMBERS SHALL MAKE A DETERMINATION BY MAJORITY VOTE AS TO WHETHER A TRUE CONFLICT EXISTS AND WHAT SUBSEQUENT ACTIONS ARE APPROPRIATE (IF ANY).
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.

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