The Lift Garage (EIN 454444338) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

Susan Milnar

Phone

6128665840

Tax Period

2023-07-01 to 2024-06-30

The Lift Garage, founded in 2012, is a community nonprofit in the Employment sector that reported $2.5M in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $398K, a strong 16% operating margin.

Mission

The Lift Garage offers people a vehicle out of poverty by: Providing low-cost quality car repair; Connecting with community partners to strengthen the support network; and Linking customers with needed resources.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,023,603

Program Service Revenue $366,406

Investment Income $83,531

Other Revenue $9,172

TOTAL REVENUE $2,482,712

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,183,213

Fundraising Expenses $296,296

Program Expenses $1,485,349

Other Expenses $889,452

TOTAL EXPENSES $2,084,380

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,482,712	$2,017,732	+0.2%
Expenses	$2,084,380	$1,846,808	+0.1%
Net Income	$398,332	$170,924	+1.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$92,706

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Lynn Altmann	Chair	2.00	Officer Director	$0	$0	$0
Andrew Sveen	Vice Chair	2.00	Officer Director	$0	$0	$0
Susan Milnar	Treasurer	2.00	Officer Director	$0	$0	$0
Jonna Kosalko	Secretary	2.00	Officer Director	$0	$0	$0
David Telep	Board Member	1.00	Director	$0	$0	$0
Tim Suggs	Board Member	1.00	Director	$0	$0	$0
Ted Mandravelis	Board Member	1.00	Director	$0	$0	$0
David Bipes	Board Member	1.00	Director	$0	$0	$0
Zac Willette	Board Member	1.00	Director	$0	$0	$0
Jordan Simon	Board Member	1.00	Director	$0	$0	$0
David Stevens	Board Member	1.00	Director	$0	$0	$0
Stephanie Zahrbock	Board Member	1.00	Director	$0	$0	$0
Cathy Heying	Executive Director	40.00	Officer	$92,706	$0	$92,706

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$2,482,712	$2,084,380	$2,811,949	$398,332
2023	$2,017,732	$1,846,808	$2,552,796	$170,924
2023	$2,017,732	$1,846,808	$2,552,796	$170,924
2022	$1,933,056	$1,445,890	$2,408,059	$487,166
2022	$1,933,056	$1,445,890	$2,408,059	$487,166
2022	$1,933,056	$1,445,890	$2,408,059	$487,166
2021	$2,000,128	$1,228,035	$2,023,368	$772,093
2020	$1,276,418	$1,081,860	$745,543	$194,558
2019	$941,555	$836,974	$540,989	$104,581

The Lift Garage