J — EmploymentEIN: 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$2,017,732↑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.

Similar Organizations

Explore more organizations in the Employment category, or browse all nonprofits in Minnesota.