Lifting Generations Inc
- Assets
- $0.0
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 4
- Location
- Sandy, UT
- Founding
- 10/2003
- Data as of
- 12/2020
- EIN
- 80-0001164
Organization Overview
Lifting Generations Inc is located in Sandy, UT. The organization was established in 2003. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2020, Lifting Generations Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lifting Generations Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Lifting Generations Inc generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (10.2%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
LIFTING GENERATIONS PURSUES ITS OBJECTIVE OF BUILDING SELF-RELIANCE FOR INDIVIDUALS AND FAMILIES THROUGH MULTIPLE,YET CLOSELY RELATED PROGRAMS. THESE TOOLS HELP A CLIENT ACHEIVE SELF-SUFFICIENCY ACCORDING TO THEIR OWN ABILITIES, INTERESTS AND CIRCUMSTANCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LIFTING GENERATIONS PURSUES ITS OBJECTIVE OF BUILDING SELF-RELIANCE FOR INDIVIDUALS AND FAMILIES THROUGH MULTIPLE, YET CLOSELY RELATED PROGRAMS. THESE TOOLS HELP A CLIENT ACHIEVE SELF-SUFFICIENCY ACCORDING TO THEIR OWN ABILITIES, INTERESTS, AND CIRCUMSTANCES. THE CLOSELY RELATED PROGRAMS USED TO HELP INDIVIDUALS AND FAMILIES ACHIEVE SELF-RELIANCE INCLUDE MENTORING, SMALL BUSINESS TRANING, TRAINING, ECONOMIC DEVELOPMENT AND JOB CREATION, ENGLISH LANGUAGE CLASSES, COMPUTER CLASSES AND OTHERS (VOCATIONAL TRAINING), AND JOB PLACEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brody Holbrook Chairman | Trustee | 1 | $0 |
Jeanette Bennett Director | Trustee | 1 | $0 |
Silvia Allred Director | Trustee | 1 | $0 |
Bruce Hough Director | Trustee | 1 | $0 |
Jed Stevenson Director | Trustee | 1 | $0 |
James Clarke Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Daveena Llc Officer | 12/30/19 | $163,780 |
Mellor And Associates Accounting | 12/30/19 | $100,756 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,426,098 |
| Noncash contributions included in lines 1a–1f | $465,500 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,426,098 |
| Total Program Service Revenue | $0 |
| Investment income | $21,043 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,447,141 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $734,653 |
| Compensation of current officers, directors, key employees. | $69,810 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,098 |
| Fees for services: Accounting | $5,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,557 |
| Advertising and promotion | $4,232 |
| Office expenses | $21,283 |
| Information technology | $22,252 |
| Royalties | $0 |
| Occupancy | $156,600 |
| Travel | $48,531 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $35,261 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,138,363 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $0 |