Lift And Love Foundation
EIN: 861995602 · Salt Lake Cty, UT · NTEE: X20
| Metric | Value |
|---|---|
| Total Revenue | $213K |
| Total Expenses | $164K |
| Net Assets | $324 |
Is Lift And Love Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lift And Love Foundation
Lift And Love Foundation (EIN: 861995602) is a nonprofit organization based in Salt Lake Cty, UT, classified under NTEE code X20. The organization reported total revenue of $213K and total assets of $38K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lift And Love Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lift And Love Foundation is a small nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 41.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $160K |
| Total Expenses | $164K |
| Surplus / Deficit | $-3,962 |
| Total Assets | $325 |
| Total Liabilities | $1 |
| Net Assets | $324 |
| Operating Margin | -2.5% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2023, Lift And Love Foundation reported a deficit of $4K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Lift And Love Foundation's revenue has grown at a compound annual growth rate (CAGR) of 41.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +41.4% | +50.6% | -92.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lift And Love Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Lift And Love Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.3%.
Frequently Asked Questions about Lift And Love Foundation
Is Lift And Love Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Lift And Love Foundation (EIN: 861995602) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lift And Love Foundation spend its money?
Detailed spending breakdown data is not yet available for Lift And Love Foundation. Check back for updated IRS 990 analysis.
Are donations to Lift And Love Foundation tax-deductible?
Lift And Love Foundation is registered as a tax-exempt nonprofit (EIN: 861995602). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lift And Love Foundation located?
Lift And Love Foundation is headquartered in Salt Lake Cty, Utah and files with the IRS under EIN 861995602. It is classified under NTEE code X20.
How many years of IRS 990 filings does Lift And Love Foundation have?
Lift And Love Foundation has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $213K in total revenue.
Filing History
IRS 990 filing history for Lift And Love Foundation showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Lift And Love Foundation's revenue has grown by 41.4%, moving from $114K to $160K. Total assets decreased by 92.4% over the same period, from $4K to $325. Total functional expenses rose by 50.6%, from $109K to $164K. In its most recent filing year (2023), Lift And Love Foundation reported a deficit of $4K, with expenses exceeding revenue. The organization holds $1 in liabilities against $325 in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $324.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $160K | $164K | $325 | $1 | — | — |
| 2022 | $114K | $109K | $4K | $1 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lift And Love Foundation:
Data Sources and Methodology
This transparency report for Lift And Love Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.