Lift Garage in Minneapolis, Minnesota (MN)
Table of contents:
| Lift Garage | |
| Employer Identification Number (EIN) | 454444338 |
| Name of Organization | Lift Garage |
| Address | PO BOX 6992, Minneapolis, MN 55406-0992 |
| Subsection | Charitable Organization, Educational Organization |
| Ruling Date | 08/2012 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 06/2014 |
| Assets | $100,000 to $499,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $120,995 |
| Amount of Income | $175,214 |
| Form 990 Revenue Amount | $175,214 |
| National Taxonomy of Exempt Entities (NTEE) | Employment, Job-Related: Vocational Training |
Non-representatives - add comments:
Amount of income in 2014: $175,214 (it was $79,532 in 2013)
| This organization: | $175,214 |
| Other organizations performing similar types of work: | $133,002 |
Assets in 2014: $120,995 (it was $58,447 in 2013)
| Lift Garage: | $120,995 |
| Other organizations performing similar types of work: | $63,305 |
Expenses in 2013: $21,757
| This organization: | $21,757 |
| Other organizations performing similar types of work: | $133,204 |
Income to expenses ratio in 2013: 8.1
| Lift Garage: | 8.1 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2013: 58.5%
| Lift Garage: | 58.5% |
| Other organizations performing similar types of work: | 79.8% |
Revenue for 2013
Support schedule
| Revenue, Expenses, and Changes in Net Assets or Fund Balances | |
| 2013 | |
|---|---|
| Total revenue | $79,532 |
| Contributions, gifts, grants, and similar amounts received | $46,510 |
| Program service revenue including government fees and contracts | $2,487 |
| Membership dues and assessments | $0 |
| Investment income | $0 |
| Gain/Loss from sale of assets other than inventory | $0 |
| Net income/loss from gaming and fundraising events | $0 |
| Gross profit/loss from sales of inventory | $0 |
| Other revenue | $30,535 |
| Total expenses | $21,757 |
| Total net assets | $57,775 |
| Excess/Deficit for the year | $57,775 |
| Net assets or fund balances at beginning of year | $0 |
| Other changes in net assets or fund balances | $0 |
| Net assets or fund balances at end of year | $57,775 |
| Balance Sheets | |
| 2013 | |
|---|---|
| Total assets | $58,447 |
| Total liabilities | $672 |
| Net assets or fund balances | $57,775 |
| Other Information | |
| 2013 | |
|---|---|
| Did the organization engage in any significant activity not previously reported to the IRS? | No |
| Were any significant changes made to the organizing or governing documents? | No |
| Did the organization have unrelated business gross income of $1,000 or more during the year from business activities | No |
| Has the organization filed a Form 990-T for the year? | No |
| Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year? | No |
| Amount of political expenditures, direct or indirect | $0 |
| Did the organization file Form 1120-POL for this year? | No |
| Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return? | No |
| Total amount involved | $0 |
| Initiation fees and capital contributions | $0 |
| Gross receipts for public use of club facilities | $0 |
| Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ? | No |
| At any time during the tax year, was the organization a party to a prohibited tax shelter transaction? | No |
| Reason for Public Charity Status (for 2013) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Number of organizations supported | 0 |
| Sum of amounts of support | $0 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013) | |
| 2009 - 2013 Total | |
|---|---|
| Public support | $79,532 |
| Subtotal | $79,532 |
| Gifts, grants, contributions, and membership fees received | $77,045 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $2,487 |
| Gross receipts from activities that are not an unrelated trade or business under section 513 | $0 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| Less | $0 |
| Amounts received from disqualified persons | $0 |
| Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support | $0 |
| Total support | $79,532 |
| Public support | $79,532 |
| Subtotal | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $0 |
| Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $0 |
| Net income from unrelated business activities, whether or not the business is regularly carried on | $0 |
| Other income | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Training Rehabilitation & Development Institute Inc | 425 Soledad St Ste 800, San Antonio, TX 78205-1520 | TX | 2000-03 | $18,940,770 |
| 2 | Jobs Foundation | 825 Boone Ave N, Minneapolis, MN 55427-4593 | MN | 2011-12 | $3,332,746 |
| 3 | Government Training Services Inc | 2233 University Ave W Ste 150, Saint Paul, MN 55114-1629 | MN | 2006-06 | $2,235,145 |
| 4 | Dress For Success Twin Cities | 1549 University Avenue Ste A, Saint Paul, MN 55104-3907 | MN | 2011-07 | $452,820 |
| 5 | Asian Economic Development Corporation, Asian Economic Development Association | 712 University Ave W Ste 105, Saint Paul, MN 55104 | MN | 1999-07 | $267,321 |
| 6 | Lift Garage | PO BOX 6992, Minneapolis, MN 55406-0992 | MN | 2012-08 | $175,214 |
| 7 | Duluth Area Pipetrades Service Training Trust | 4402 Airpark Blvd, Duluth, MN 55811-5712 | MN | 2007-02 | $136,840 |
| 8 | Asian Community Media Institute Inc Asian Community Technology Center | 417 University Ave W, Saint Paul, MN 55103-1934 | MN | 2001-01 | $82,020 |
| 9 | Wells Academy Inc | 4885 Windsor Ct Nw, Bemidji, MN 56601-7659 | MN | 2006-05 | $74,585 |
| 10 | Electrical Training Network | 3100 Humboldt Ave S, Minneapolis, MN 55408-2558 | MN | 1998-08 | $54,005 |
| 11 | Higher Expectations Inc, Hei Higher Expectations Inc | 10329 Kalen Lane Ne, Hanover, MN 55341 | MN | 2007-05 | $39,587 |
| 12 | Jvs Works Inc | 13100 Wayzata Blvd, Minnetonka, MN 55305-1802 | MN | 2006-01 | $20,700 |
| 13 | Africa Solution Foundation | 5701 Shingle Creek Parkway Suite 6, Brooklyn Center, MN 55430 | MN | 2008-02 | $0 |
| 14 | Brooks Landing Resident Organization | 5825 74th Ave N Ste 514, Brooklyn Park, MN 55443 | MN | 2010-02 | $0 |
| 15 | Education Foundation Mn Chapter Of Amer Soc Farm Mgr & Rural Appr Inc | Po Box 526, Fairfax, MN 55332 | MN | 1996-08 | $0 |
| 16 | Growing Home | 2100 Campus Drive, Rochester, MN 55904-4831 | MN | 2014-12 | $0 |
| 17 | Hubert H Humphrey Job Corps Center Student Government Association | 1480 Snelling Ave North, Saint Paul, MN 55108-2344 | MN | 2005-08 | $0 |
| 18 | Northern Bedrock Conservation Corps, Northern Bedrock Historic Preservation Corps | 5165 North Shore Drive, Duluth, MN 55804 | MN | 2011-11 | $0 |
| 19 | Right Step Academy | 1130 N 7th St Ste 300, Minneapolis, MN 55411-4095 | MN | 1993-12 | $0 |
| 20 | Stepstone Work Center | 13524 State 27, Osakis, MN 56360 | MN | 2007-08 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 1,469 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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