2019-05-13T12:01:36-05:00 2018-06-30 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 650N BETHESDA MD 208142930 990 2017-07-01 522168409 LIFT INC LIFT 2022891151 999 NORTH CAPITOL STREET NE NO 310 WASHINGTON DC 20002 ARCELI BACSINILA CHIEF FINANCIAL OFFICER 2022891151 2019-05-13 1 3019519090 75.103.231.202 2019-05-13 13:01:31 ED P 4FA38BE9C690C82C721A5060F87FC7588CB81F81 66D437A830BA2C8446C4B21154C3C86FBD05DE4E 2017 2019-02-21 02:37:17Z MICHELLE RHONE-COLLINS 999 NORTH CAPITOL STREET NE NO 310 WASHINGTON DC 20002 9195437 0 X WWW.LIFTCOMMUNITIES.ORG X 1999 DC SEE PART III, LINE 1. 15 14 53 59 0 6302 6105122 8983446 0 0 -580 3747 -114476 -51564 5990066 8935629 0 76391 0 0 3976476 3847427 0 0 310803 1610354 1579215 5586830 5503033 403236 3432596 4317793 8229555 281186 800497 4036607 7429058 THE MISSION OF LIFT IS TO EMPOWER FAMILIES TO BREAK THE CYCLE OF POVERTY. 0 0 3904994 76391 FOUNDED IN 1998, LIFT HAS HELPED OVER 100,000 LOW-INCOME INDIVIDUALS ACHIEVE THEIR GOALS. TODAY WE CONNECT HARDWORKING PARENTS AND CAREGIVERS OF YOUNG CHILDREN TO THE PEOPLE, TOOLS AND RESOURCES THEY NEED. LIFT OPERATES IN CHICAGO, LA, NY AND WASHINGTON D.C., COMMUNITIES WITH SOME OF THE HIGHEST RATES OF CONCENTRATED POVERTY. BY FOSTERING RELATIONSHIPS BETWEEN LOW-INCOME PARENTS AND CAREGIVERS OF YOUNG CHILDREN (MEMBERS) AND VOLUNTEERS (COACHES), WE HELP FAMILIES BUILD THE PERSONAL WELL-BEING, SOCIAL CONNECTIONS AND FINANCIAL STRENGTH TO SECURE BASIC NEEDS AND ACHIEVE LONG-TERM GOALS AND ASPIRATIONS, SUCH AS A SAFE HOME, LIVING WAGES OR A BETTER EDUCATION. LIFT IS COMMITTED TO DEVELOPING STRONG PARTNERSHIPS WITH A RANGE OF PARTNERS ON NATIONAL ISSUES VITAL TO A BETTER FUTURE FOR CHILDREN AND FAMILIES. 3904994 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 20 0 1 53 1 1 1 0 0 0 0 1 1 0 0 0 0 X 15 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA IL MA MD NY PA VA X ARCELI BACSINILA 2022891151 999 NORTH CAPITOL STREET NE SUITE WASHINGTON DC 20002 KIRSTEN LODAL CHIEF EXEC. OFFICER & CO-FOUNDER 40.00 X X 175828 0 20560 STEVE ROTELLA CHAIR 5.00 X X 0 0 0 WILL DARMAN TREASURER 3.00 X X 0 0 0 GINA COBURN SECRETARY 5.00 X X 0 0 0 JON BUDINGTON DIRECTOR 1.00 X 0 0 0 HEATHER COX DIRECTOR 1.00 X 0 0 0 LEANDER FOLEY DIRECTOR (UNTIL 6/29/18) 1.00 X 0 0 0 MICHAEL GILLIGAN DIRECTOR 1.00 X 0 0 0 BEN HARPER DIRECTOR 1.00 X 0 0 0 TED HOWARD DIRECTOR (UNTIL 6/29/18) 1.00 X 0 0 0 SUSAN HIRSCH DIRECTOR 1.00 X 0 0 0 MICHELE JOLIN DIRECTOR 1.00 X 0 0 0 BRIAN KREITER DIRECTOR 1.00 X 0 0 0 MARNE LEVINE DIRECTOR 1.00 X 0 0 0 MARNE OBERNAUER DIRECTOR 1.00 X 0 0 0 DEANNA SINGH DIRECTOR 1.00 X 0 0 0 SHEILA OHLSSON WALKER DIRECTOR 1.00 X 0 0 0 MICHELLE RHONE-COLLINS CHIEF CITIES OFFICER & LA EXEC. DIR. 40.00 X 156354 0 8736 ARCELI BACSINILA CHIEF FINANCIAL OFFICER 40.00 X 148237 0 14030 SANG LEE CHIEF DEVELOPMENT OFFICER 40.00 X 173400 0 13415 MOLLY DAY CHIEF STRATEGY OFFICER 40.00 X 129837 0 13097 SOPHIA SAHAF VICE PRES., PROGRAM & EVALUATION 40.00 X 130155 0 6593 SOL ANDERSON EXECUTIVE DIRECTOR - CHICAGO 40.00 X 105000 0 12027 UNIQUE BRATHWAITE EXECUTIVE DIRECTOR - NY 40.00 X 115000 0 203 KRISTY ARNOLD EXECUTIVE DIRECTOR - DC 40.00 X 120000 0 11279 1253811 0 99940 9 0 1 0 WELLSPRING CONSULTING 50 MIL STREET 16TH FLOOR BOSTON MA 02109 STRATEGIC PLANNING 138342 NIGHTKAP ENTERTAINMENT LLC 5011 ELMWOOD AVENUE LOS ANGELES CA 90004 EVENT PRODUCTION MANAGEMENT 103556 2 284882 91862 8606702 185447 8983446 2798 2798 171269 170320 949 949 949 37924 284882 89488 -51564 -51564 8935629 0 0 -47817 76391 76391 877467 619694 205303 52470 2466865 1746789 571799 148277 58896 43016 12917 2963 179189 122876 44175 12138 265010 184796 65997 14217 6699 3149 3550 22939 10729 12210 240523 157479 67472 15572 56680 40060 13103 3517 55210 38721 14876 1613 236678 165854 66271 4553 439063 329905 85531 23627 213015 144654 54888 13473 139812 104224 28049 7539 2217 1049 963 205 61994 43554 14625 3815 24540 17241 5789 1510 HRIS/PAYROLL SYSTEMS 32660 22308 8510 1842 EDUCATION/TRAINING 21267 15338 4666 1263 DUES AND SUBSCRIPTIONS 14164 6105 6355 1704 TRAINING & DEVELOPMENT 7410 7410 4344 3652 187 505 5503033 3904994 1287236 310803 1551066 1723905 196180 385079 2367837 5311232 200 506 50382 64507 1056819 399224 103618 657595 48510 86731 4317793 8229555 281186 301788 0 498709 281186 800497 X 1171382 1493196 2865225 5935862 4036607 7429058 4317793 8229555 X 3432596 -145 -40000 X 0 1 X 1 0 X 6555919 6495449 6056677 6105122 8983446 34196613 6555919 6495449 6056677 6105122 8983446 34196613 7258401 26938212 276 316 10 24 2798 3424 17500 23295 2115 17243 60153 34260190 0.78630 0.93300 X 0 0 0 5503033 5503033 425152 106288 0 0 540118 464567 428027 425152 1857864 2786796 135030 116142 107007 106288 464467 696701 603275 135073 468202 130870 125739 5131 322674 138412 184262 657595 DEFERRED RENT 498709 498709 X 9555534 -145 620050 619905 8935629 0 8935629 6123083 620050 620050 5503033 0 5503033 PART X, LINE 2: FOR THE YEAR ENDED JUNE 30, 2018, LIFT HAS DOCUMENTED ITS CONSIDERATION OF FASB ASC 740-10, INCOME TAXES, THAT PROVIDES GUIDANCE FOR REPORTING UNCERTAINTY IN INCOME TAXES AND HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. LA HOLIDAY FIESTA 163324 150000 13324 2000 9485 37522 UPLIFTING NY 89672 76772 12900 21894 528 2832 1 69810 58110 11700 11173 2899 1155 322806 284882 37924 2000 42552 40949 3987 89488 -51564 1 FUNDS TO SUPPORT ACHIEVEMENT OF CAREER AND FINANCIAL GOALS. THESE GOALS ARE FOCUSED ON PURSUING ADDITIONAL EDUCATION, SECURING BETTER OR MORE EMPLOYMENT, AND IMPROVING FINANCES (E.G. REDUCING DEBT, CREATING SAVINGS, IMPROVING CREDIT SCORE). 205 76391 PART I, LINE 2: MONITORING: FINANCIAL ASSISTANCE IS PROVIDED UPON SUCCESSFUL COMPLETION OF CERTAIN MILESTONES OF THE COACHING PROGRAM (I.E. CONDUCTING REQUIRED NUMBER OF MEETINGS OVER A TIME PERIOD). PROGRAM MANAGERS WILL SUBMIT A DISBURSEMENT REQUEST WHERE IT IS THEN VERIFIED AND APPROVED. A TYPICAL DISBURSEMENT IS $150 PER QUARTER. ASSISTANCE IS PROVIDED IN THE FORM OF A CHECK OR DEPOSITS TO A DEBIT CARD. X X 0 0 0 0 0 0 0 1 0 KIRSTEN LODAL CHIEF EXEC. OFFICER & CO-FOUNDER 175828 0 0 0 0 0 8791 0 11769 0 196388 0 0 0 MICHELLE RHONE-COLLINS CHIEF CITIES OFFICER & LA EXEC. DIR. 156354 0 0 0 0 0 0 0 8736 0 165090 0 0 0 ARCELI BACSINILA CHIEF FINANCIAL OFFICER 148237 0 0 0 0 0 6485 0 7545 0 162267 0 0 0 SANG LEE CHIEF DEVELOPMENT OFFICER 173400 0 0 0 0 0 3251 0 10164 0 186815 0 0 0 PART I, LINE 7 THE ORGANIZATION PAID SOPHIA SAHAF BONUS COMPENSATION OF $2,500. GLOBAL PRINTING DIRECTOR JON BUDINGTON IS THE OWNER OF GLOBAL PRINTING 14123 LIFT PAID GLOBAL PRINTING FOR PRINTING, POSTAGE AND WEBSITE DEVELOPMENT SERVICES DURING THE FISCAL YEAR. THE AMOUNT PAID WAS AT OR BELOW FAIR MARKET VALUE. 0 X 5 170465 FMV 0 0 0 0 PART I, COLUMN (B): THE NUMBER IN COLUMN (B) REPRESENTS THE NUMBER OF DONORS. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS AND REVIEWED BY SENIOR MANAGEMENT. THE AUDIT & FINANCE COMMITTEE WAS THEN PROVIDED A DRAFT OF FORM 990 FOR APPROVAL. FINALLY, THE ENTIRE BOARD WAS PROVIDED WITH THE DRAFT 990 BEFORE IT WAS FILED. FORM 990, PART VI, SECTION B, LINE 12C LIFT DIRECTORS, OFFICERS, AND EMPLOYEES COMPLETE AN ANNUAL CONFLICT OF INTEREST POLICY STATEMENT. IN CONNECTION WITH ANY INTEREST, AN INTERESTED PERSON HAS AN ONGOING DUTY TO DISCLOSE THE EXISTENCE OF THE INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND/OR MEMBERS OF COMMITTEES WITH GOVERNING BOARD-DELEGATED POWERS CONSIDERING THE TRANSACTION OR ARRANGEMENT. AN INTERESTED PERSON DISCLOSES TO THE CHAIR ALL FACTS MATERIAL TO THE INTEREST. THE BOARD OR COMMITTEE MEMBERS OTHER THAN THE INTERESTED PERSON DECIDE IF A CONFLICT OF INTEREST EXISTS. IF A CONFLICT OF INTEREST IS FOUND TO EXIST, THEN THE FOLLOWING PROCEDURES ARE OBSERVED: THE CHAIR OF THE GOVERNING BOARD OR COMMITTEE, IF APPROPRIATE, APPOINTS A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE DETERMINES WHETHER LIFT CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. THE BOARD OR COMMITTEE'S DELIBERATIONS INCLUDES AN ANALYSIS OF COMPARABLE TRANSACTIONS OR ARRANGEMENTS. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY AVAILABLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED MEMBERS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN LIFT'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT MAKES ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS REASONABLY AVAILABLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE WILL NOT AUTHORIZE THE TRANSACTION OR ARRANGEMENT BEING CONSIDERED. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD, LED BY THE CHAIR, CONDUCTS A PERFORMANCE REVIEW WITH THE CEO. THE CHAIR USES THE REVIEW, AN ASSESSMENT OF MARKET-RATE COMPENSATION FOR NON-PROFITS FROM PROFESSIONAL SURVEYS, AND THE CEO'S SALARY HISTORY TO PROPOSE A SALARY TO THE BOARD EXECUTIVE COMMITTEE, WHICH IT THEN DISCUSSES BEFORE APPROVING AN AMOUNT. THE CEO AND THE BOARD PERFORM A SIMILAR PROCESS FOR THE MANAGEMENT TEAM. ALL SALARIES ARE APPROVED BY THE BOARD AS PART OF THE BUDGET APPROVAL PROCESS. THE LAST SALARY REVIEW TOOK PLACE IN NOVEMBER 2018. FORM 990, PART VI, SECTION C, LINE 19 LIFT MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: UNCOLLECTIBLE PLEDGES -40,000.