The Lift Garage
Minneapolis, Minnesota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
11 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,017,732↑4% | $1,846,808↑28% | $2,552,796↑6% | |
| 2022 | $1,933,056↓3% | $1,445,890↑18% | $2,408,059↑19% | — |
| 2021 | $2,000,128↑57% | $1,228,035↑14% | $2,023,368↑171% | — |
| 2020 | $1,276,418↑36% | $1,081,860↑29% | $745,543↑38% | — |
| 2019 | $941,555↑35% | $836,974↑26% | $540,989↑25% | — |
| 2018 | $698,277↑18% | $662,262↑32% | $432,774↑12% | — |
| 2017 | $593,764↑34% | $500,150↑36% | $387,567↑38% | — |
| 2016 | $444,746↑44% | $368,049↑48% | $281,017↑50% | — |
| 2015 | $307,933↑76% | $248,481↑118% | $187,627↑55% | — |
| 2014 | $175,214↑120% | $114,201↑425% | $120,995↑107% | — |
| 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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