2017-05-08T09:43:03-05:00 2016-06-30 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 650N BETHESDA MD 208142930 990 2015-07-01 522168409 LIFT INC LIFT 2022891151 1620 I STREET NW NO 820 WASHINGTON DC 20006 ARCELI BACSINILA CHIEF FINANCIAL OFFICER 2022891151 2017-05-08 1 3019519090 2015 2021-01-29 14:40:06Z KIRSTEN LODAL 1620 I STREET NW NO 820 WASHINGTON DC 20006 6186496 0 X WWW.LIFTCOMMUNITIES.ORG X 1999 DC SEE PART III, LINE 1. 16 15 140 131 0 0 6622820 6056677 0 0 -3947 -3002 -275163 -199716 6343710 5853959 5685 0 0 0 5508980 4171957 0 0 992541 2287690 2119389 7802355 6291346 -1458645 -437387 4738441 4206843 514721 573485 4223720 3633358 THE MISSION OF LIFT IS TO EMPOWER FAMILIES TO BREAK THE CYCLE OF POVERTY. 0 0 3643899 FOUNDED IN 1998, LIFT HAS HELPED 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 (ADVOCATES), 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. 3643899 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 67 0 1 140 1 0 0 0 0 0 1 1 0 0 0 0 X 16 15 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA CT IL MA MD NY PA VA X ARCELI BACSINILA 2022891151 1620 I STREET NW SUITE 820 WASHINGTON DC 20006 KIRSTEN LODAL CHIEF EXECUTIVE OFFICER 40.00 X X 162123 0 18512 STEVE ROTELLA CHAIR 5.00 X X 0 0 0 LEANDER FOLEY TREAS. THEN DIRECTOR (TRANS. 5/2016) 1.00 X X 0 0 0 JON BUDINGTON DIRECTOR 1.00 X 0 0 0 HEATHER COX DIRECTOR 1.00 X 0 0 0 WILL DARMAN DIRECTOR 1.00 X 0 0 0 BEN HARPER DIRECTOR 1.00 X 0 0 0 TED HOWARD DIRECTOR 1.00 X 0 0 0 SUSAN HIRSCH DIRECTOR 1.00 X 0 0 0 MICHELE JOLIN 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 DAVID HARRIS DIRECTOR 1.00 X 0 0 0 ELIZABETH RIKER 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 MARIA PENA PRESIDENT 40.00 X 154800 0 8172 ARCELI BACSINILA CFO (FROM 3/16) TREAS. (FROM 5/16) 40.00 X 0 0 0 ANTHONY BRUNSWICK COO (UNTIL 12/2015) 40.00 X 148841 0 20576 CINDY MENZ-ERB NY EXECUTIVE DIRECTOR 40.00 X 145039 0 17609 DAVID HARVEY DC EXECUTIVE DIRECTOR 40.00 X 133090 0 13085 MICHELLE RHONE LA EXECUTIVE DIRECTOR 40.00 X 127548 0 14256 SOPHIE SAHAF VP, PROGRAM 40.00 X 123084 0 6586 HILARY STATHES VP, TALENT 40.00 X 113992 0 13579 1108517 0 112375 8 0 1 0 NIGHTKAP ENTERTAINMENT LLC 5011 ELMWOOD AVENUE LOS ANGELES CA 90004 EVENT PRODUCTION/MGMT. 173882 1 508831 177859 5369987 149822 6056677 10 10 78386 81398 -3012 -3012 -3012 49308 508831 251139 -201831 -201831 MISCELLANEOUS 900099 2115 2115 2115 5853959 0 0 -202718 520871 330854 109166 80851 3098860 1968387 649459 481014 52993 33661 11106 8226 237119 150619 49694 36806 262114 166494 54934 40686 7610 3805 3805 189013 189013 494467 180329 81840 232298 15449 15449 101764 83056 16952 1756 311014 252143 49062 9809 460660 323533 114170 22957 200622 76821 49648 74153 44804 14753 27101 2950 15048 15048 162223 21648 139659 916 35866 26900 8966 PAYROLL PROCESSING 26865 26865 BUSINESS REGISTRATIONS 16963 16963 EDUCATION/TRAINING 15582 4351 11231 LICENSES AND PERMITS 6853 6853 14586 6545 7922 119 6291346 3643899 1654906 992541 1263617 1593183 46220 129326 2878751 2170282 1167 1119 78477 38531 734342 512650 383915 221692 86294 52710 4738441 4206843 176721 198485 150000 75000 188000 300000 514721 573485 X 1372016 771772 2851704 2861586 4223720 3633358 4738441 4206843 X -437387 25 -153000 X 0 1 X 1 0 X 5808220 6149353 6555919 6495449 6056677 31065618 5808220 6149353 6555919 6495449 6056677 31065618 1136240 29929378 725 592 276 316 10 1919 463 18200 17500 23295 2115 61573 31129110 0.96150 0.94990 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 6291346 6291346 464567 116142 0 0 373157 462589 540118 464567 1840431 2760647 93289 115647 135030 116142 460108 690162 146421 99670 46751 179546 150959 28587 408375 262021 146354 221692 X 6229209 25 505023 102500 607548 5621661 232298 232298 5853959 6564071 505023 505023 6059048 232298 232298 6291346 PART X, LINE 2: FOR THE YEAR ENDED JUNE 30, 2016, 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. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNCOLLECTIBLE PLEDGES REPORTED ON THE FINANCIAL STATEMENTS 102,500. AS AN OTHER ITEM AND NETTED AGAINST CONTRIBUTION INCOME ON FORM 990, PART VIII, LINE 1. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED AGAINST REVENUE ON THE 232,298. FINANCIAL STATEMENTS AND REPORTED AS AN EXPENSE ON FORM 990, PART IX, LINE 11G. PART XII, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED AGAINST REVENUE ON THE 232,298. FINANCIAL STATEMENTS AND REPORTED AS AN EXPENSE ON FORM 990, PART IX, LINE 11G. NY EVENT 363815 314507 49308 31868 18875 18275 70445 LA EVENT 194324 194324 21656 17660 1000 71360 558139 508831 49308 53524 36535 19275 141805 251139 -201831 X X 1 0 0 0 0 0 0 0 0 KIRSTEN LODAL CHIEF EXECUTIVE OFFICER 162123 0 0 0 0 0 8106 0 10406 0 180635 0 0 0 MARIA PENA PRESIDENT 154800 0 0 0 0 0 7740 0 432 0 162972 0 0 0 ANTHONY BRUNSWICK COO (UNTIL 12/2015) 115555 0 0 0 33286 0 7874 0 12702 0 169417 0 0 0 CINDY MENZ-ERB NY EXECUTIVE DIRECTOR 145039 0 0 0 0 0 7252 0 10357 0 162648 0 0 0 PART I, LINE 4A ANTHONY BRUNSWICK RECEIVED $33,286 IN SEVERANCE PAYMENTS. GLOBAL PRINTING DIRECTOR JON BUDINGTON IS THE OWNER OF GLOBAL PRINTING 11473 LIFT PAID GLOBAL PRINTING FOR PRINTING, POSTAGE AND WEBSITE DEVELOPMENT SERVICES DURING THE YEAR. THE AMOUNT PAID WAS AT OR BELOW FAIR MARKET VALUE. 0 X 53 66429 FMV X 2 81398 FMV X EVENT SUPPLIES 3 1995 FMV 0 0 0 1 PART I, COLUMN (B): THE NUMBER IN COLUMN (B) REPRESENTS THE NUMBER OF DONORS. PART I, LINE 32B: LIFT SELLS ART DONTATED FOR ITS ANNUAL LA-ART FUNDRAISER EVENT VIA PADDLE8, AN ONLINE AUCTION COMPANY. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION AMENDED ITS BY-LAWS TO CHANGE THE COMPANY NAME FROM NSP TO LIFT, INC., TO CHANGE NUMBER OF ANNUAL BOARD MEETINGS, TO CHANGE TERM LIMITS OF BOARD MEMBERS, AND TO CHANGE APPROVALS FOR REMOVING A BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 11 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 JUNE 2016. 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 -153,000.