LIFTFUND INC

EIN: 742712770 501(c)(3) Community Improvement

SAN ANTONIO, TX

Total Revenue
$30,110,957
Total Expenses
$27,680,199
Total Assets
$116,870,475
Net Assets
$35,332,848
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
TX
Principal Officer
AMY HEREFORD
Phone
2102263664
Tax Period
2025-01-01 to 2025-12-31

LIFTFUND INC, founded in 1994, is a mid-sized nonprofit in the Community Improvement sector that reported $30.1M in total revenue in fiscal year 2025. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $27.7M left a modest 8% surplus.

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.

Program Service Accomplishments

Program 1
Expenses: $19,502,779 Revenue: $12,206,135

LIFTFUND PROVIDES CREDIT AND OTHER SERVICES TO SMALL BUSINESSES THAT DO NOT HAVEACCESS TO LOANS FROM COMMERCIAL SOURCES. UNDER DIRECT LENDING OPERATIONS, LIFTFUNDPROVIDED 766 MICRO AND SMALL BUSINESS...

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LIFTFUND PROVIDES CREDIT AND OTHER SERVICES TO SMALL BUSINESSES THAT DO NOT HAVEACCESS TO LOANS FROM COMMERCIAL SOURCES. UNDER DIRECT LENDING OPERATIONS, LIFTFUNDPROVIDED 766 MICRO AND SMALL BUSINESS LOANS, AND UNDER THE SBA 504 PROGRAM, 43 NEWLOANS WERE CLOSED IN THE FISCAL YEAR ENDED 12/31/2025. WITH MORE THAN $69.9 MILLION IN LOANS OUTSTANDING AS OF DECEMBER 31, 2025, LIFTFUND IS REGARDED AS ONE OF THE LARGEST AND BEST PERFORMING MICROFINANCE INSTITUTIONS IN THE UNITED STATES. LIFTFUNDCOMPLEMENTED ITS CAPITAL WITH 4,327 HOURS OF TECHNICAL ASSISTANCE PROVIDED TO 2,265ENTREPRENEURS. THROUGH ITS LOANS AND SERVICES, LIFTFUND HAS HELPED CREATE OR RETAINTHOUSANDS OF JOBS IN LOW TO MODERATE INCOME AREAS, CONTRIBUTING TO THE ECONOMICREVITALIZATION OF UNDERSERVED COMMUNITIES.

Program 2
Expenses: $6,367,596 Revenue: $6,367,596

DURING THE YEAR ENDED DECEMBER 31, 2025, LIFTFUND WORKED WITH SEVERAL CITIES,COUNTIES, MUNICIPALITIES AND FOUNDATIONS TO HELP DISTRIBUTE GRANTS AS A SUBRECIPIENTTO SMALL BUSINESSES THROUGHOUT THE...

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DURING THE YEAR ENDED DECEMBER 31, 2025, LIFTFUND WORKED WITH SEVERAL CITIES,COUNTIES, MUNICIPALITIES AND FOUNDATIONS TO HELP DISTRIBUTE GRANTS AS A SUBRECIPIENTTO SMALL BUSINESSES THROUGHOUT THE YEAR. LIFTFUND AWARDED 655 GRANTS TO VARIOUS SMALL BUSINESSES THROUGHOUT THE COMMUNITIES WE SERVE AMOUNTING TO OVER $6.4 MILLION IN BUSINESS SUPPORT FUNDING.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $16,292,889
Program Service Revenue $12,206,135
Investment Income $1,585,057
Other Revenue $26,876
TOTAL REVENUE $30,110,957

Expense Breakdown

Grants Paid $6,367,596
Salaries & Benefits $8,590,126
Fundraising Expenses $945,675
Program Expenses $25,870,375
Other Expenses $12,722,477
TOTAL EXPENSES $27,680,199

Year-over-Year Comparison

2025 2024 Change
Revenue $30,110,957 $22,062,214 +0.4%
Expenses $27,680,199 $27,088,671 +0.0%
Net Income $2,430,758 $-5,026,457 -1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
13
Employees
86
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
6
$507,543
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMY HEREFORD President & CEO 50.00
Officer
$276,321 $0 $276,321
CHRISTOPHER S ALLEN SVP SBA 504 50.00
$246,576 $0 $246,576
ADAM HENSON COO & CFO 50.00
Officer
$231,222 $0 $231,222
JORGE SERRANO VP SBA 504 50.00
$214,209 $0 $214,209
ADRIAN GONZALEZ CHIEF CDC. OFCR 50.00
$205,965 $0 $205,965
DUANGKAMOL THEPUATRAKUL CHIEF TECH OFCR 50.00
$186,413 $0 $186,413
AMANDA THOMSON LEE SVP SBA 504 50.00
$166,892 $0 $166,892
YOLANDA DAVILA Director 1.00
Director
$0 $0 $0
CHRISTOPHER RIOS Director 1.00
Director
$0 $0 $0
RHONDA MCGOWAN CHAIR 1.00
Officer 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
STEVEN LACKOWSKI Treasurer 1.00
Officer Director
$0 $0 $0
WILLIAM MOLL 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
2025 $30,110,957 $27,680,199 $116,870,475 $2,430,758
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
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