JEmploymentEIN: 454444338· Ruling Year: 2012

The Lift Garage

Minneapolis, Minnesota

A-Health Score
84A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

💰
$2.0M
Total Revenue
📊
$1.8M
Total Expenses
🏦
$2.1M
Net Assets
📋
$455K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+4.4%
Year-over-year change (2022 → 2023)
Net Margin
+8.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.14
Net assets divided by total expenses
Liabilities-to-Assets
17.8%
Total liabilities as % of total assets

Filing History

11 filings on record
YearRevenueExpensesAssets
2023$2,017,7324%$1,846,80828%$2,552,7966%
2022$1,933,0563%$1,445,89018%$2,408,05919%
2021$2,000,12857%$1,228,03514%$2,023,368171%
2020$1,276,41836%$1,081,86029%$745,54338%
2019$941,55535%$836,97426%$540,98925%
2018$698,27718%$662,26232%$432,77412%
2017$593,76434%$500,15036%$387,56738%
2016$444,74644%$368,04948%$281,01750%
2015$307,93376%$248,481118%$187,62755%
2014$175,214120%$114,201425%$120,995107%
2013$79,532$21,757$58,447

Frequently Asked Questions

What does The Lift Garage do?

The Lift Garage is a employment nonprofit organization based in Minnesota. It is classified under NTEE code J22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is The Lift Garage financially healthy?

Based on our 9-metric Financial Health Score model, The Lift Garage has a score of 84/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does The Lift Garage generate?

The Lift Garage reports $2.5M in annual revenue and holds $2.8M in total assets, based on IRS filings.

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