LIFTFUND INC (EIN 742712770) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Principal Officer

AMY HEREFORD

Phone

2102263664

Tax Period

2024-01-01 to 2024-12-31

LIFTFUND INC, founded in 1994, is a mid-sized nonprofit in the Community Improvement sector that reported $22.1M in total revenue in fiscal year 2024. Revenue fell 46% from the prior year — a significant decline worth monitoring. Expenses of $27.1M exceeded revenue, resulting in a 23% operating deficit.

Mission

LIFTFUNDS MISSION IS TO TRANSFORM LIVES BY OFFERING FINANCIAL RESOURCES AND SUPPORT SERVICES DESIGNED TO PROMOTE ECONOMIC EMPOWERMENT AND UPLIFT ENTREPRENEURS, SMALL BUSINESSES, THEIR NEIGHBORS AND SURROUNDING COMMUNITIES.

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $7,979,381

Program Service Revenue $13,067,036

Investment Income $970,191

Other Revenue $45,606

TOTAL REVENUE $22,062,214

Expense Breakdown

Grants Paid $2,730,366

Salaries & Benefits $10,415,698

Fundraising Expenses $1,466,430

Program Expenses $24,471,382

Other Expenses $13,942,607

TOTAL EXPENSES $27,088,671

Year-over-Year Comparison

	2024	2023	Change
Revenue	$22,062,214	$40,563,122	-0.5%
Expenses	$27,088,671	$40,111,518	-0.3%
Net Income	$-5,026,457	$451,604	-12.1%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

103

Volunteers

N/A

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

$291,294

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AMY HEREFORD	President & CEO	50.00	Officer	$291,294	$0	$291,294
ADRIAN GONZALEZ	CHIEF CDC. OFCR	50.00		$216,440	$0	$216,440
CHRISTOPHER S ALLEN	SVP SBA 504	50.00		$209,994	$0	$209,994
ADAM HENSON	COO & CFO	50.00		$194,203	$0	$194,203
DUANGKAMOL THEPUATRAKUL	CHIEF TECH OFCR	50.00		$183,836	$0	$183,836
JORGE SERRANO	VP SBA 504	50.00		$172,910	$0	$172,910
JIMMIE KEENAN	Director	1.00	Director	$0	$0	$0
YOLANDA DAVILA	Director	1.00	Director	$0	$0	$0
JEFF BROUILLARD	Chairman	1.00	Officer Director	$0	$0	$0
RHONDA MCGOWN	Director	1.00	Director	$0	$0	$0
JOHN CHAMBERLAIN	Secretary	1.00	Officer Director	$0	$0	$0
JAMES DREIBELBIS	VICE CHAIR	1.00	Officer Director	$0	$0	$0
VIKRAM S BAJAJ	Director	1.00	Director	$0	$0	$0
RAMIRO CAVAZOS	Director	1.00	Director	$0	$0	$0
MICHELE HOSKINS PHD	Director	1.00	Director	$0	$0	$0
STEVEN LACKOWSKI	Treasurer	1.00	Officer Director	$0	$0	$0
WILLIAM MOLL	Director	1.00	Director	$0	$0	$0
ANA RODRIGUEZ	Director	1.00	Director	$0	$0	$0
BRANDI CARBERRY-VITIER	Director	1.00	Director	$0	$0	$0
RICHARD PEREZ	Director	1.00	Director	$0	$0	$0
ROLANDO G BARRERA	Director	1.00	Director	$0	$0	$0
TREY SADIQ	Director	1.00	Director	$0	$0	$0

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	$22,062,214	$27,088,671	$102,981,540	$-5,026,457
2023	$40,563,122	$40,111,518	$98,180,991	$451,604
2022	$51,818,585	$51,220,030	$84,840,423	$598,555
2021	$59,155,631	$53,526,230	$95,784,141	$5,629,401
2020	$103,246,792	$86,382,402	$114,228,801	$16,864,390
2019	$18,175,307	$17,729,952	$70,787,869	$445,355
2018	$18,709,028	$18,421,811	$72,128,804	$287,217

LIFTFUND INC