Lift For Life Academy Inc
- Assets
- $16.3m
- Revenue
- $14.9m
- Investments
- $0.0
- Employees
- 226
- Location
- St Louis, MO
- Founding
- 02/1991
- Data as of
- 06/2022
- EIN
- 43-1535886
Organization Overview
Lift For Life Academy Inc is located in St Louis, MO. The organization was established in 1991. According to its NTEE Classification (N40) the organization is classified as: Sports Associations & Training Facilities, under the broad grouping of Recreation & Sports and related organizations. As of 06/2022, Lift For Life Academy Inc employed 226 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lift For Life Academy 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 06/2022, Lift For Life Academy Inc generated $14.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $13.1m during the year ending 06/2022. While expenses have increased by 8.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
CHARTER SCHOOL FOR ST. LOUIS INNER-CITY YOUTH, GRADES PRE K-12. THE ACADEMY'S CREATIVE APPROACH TO LEARNING INCLUDES ACADEMICS, PHYSICAL EDUCATION, AND AFTER-SCHOOL ACTIVITIES. THE ACADEMY'S PROGRAMS ARE DESIGNED TO REACH AND MOTIVATE ITS STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ACADEMY PROVIDES A CAMPUS OF ACADEMIC CLASSROOMS, SOCIAL/CULTURAL AMENITIES, AND ATHLETIC FACILITIES. THE ACADEMY HAS A CREATIVE FACULTY OF TEACHERS, GUIDANCE COUNSELORS, AND ADMINISTRATORS TO APPROXIMATELY 700 STUDENTS ATTENDINGS PRE K-12.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marshall Cohen Exective Director | 55 | $143,753 | |
Katrice Noble Deputy Director | 51 | $132,933 | |
David Lemay Director Of Operations | 55 | $102,125 | |
Scott Dolan Board President | OfficerTrustee | 20 | $0 |
Tami Fernandez Board Vice President | OfficerTrustee | 6 | $0 |
Sheila Gurley Board Secretary | OfficerTrustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Csd Group Insurance Trust Ee Health, Life, Dental, & Vision Insura | 6/29/22 | $891,993 |
Gbi Inc Labor & Materials - Primarily For Variet | 6/29/22 | $248,277 |
Mick's Plumbing Llc Provide & Install Plumbing Related Items | 6/29/22 | $171,855 |
Central States Bus Sales Inc School Bus Leases, Repairs, And Parts | 6/29/22 | $204,248 |
Reinhold Electric Inc Mixture Of Electrical Services - Both Fo | 6/29/22 | $161,061 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $12,169,133 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,237,535 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,406,668 |
| Total Program Service Revenue | $198,709 |
| Investment income | $2,095 |
| 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 | $14,911,822 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,788,122 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,354,412 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $70,502 |
| Office expenses | $26,030 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $33,951 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $197,422 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $456,511 |
| Insurance | $126,990 |
| All other expenses | $517,731 |
| Total functional expenses | $13,090,949 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,516,047 |
| 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 | $13,820,583 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $16,336,630 |
| Accounts payable and accrued expenses | $13,569 |
| 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 | $5,259,832 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,273,401 |
| Net assets without donor restrictions | $11,063,229 |
| 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 | $16,336,630 |
Grants Recieved
Over the last fiscal year, we have identified 31 grants that Lift For Life Academy Inc has recieved totaling $422,009.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $151,650 |
Firefly Scientists Foundation St Louis, MO PURPOSE: SOCIAL ENTERPRISE PROGRAMMING | $35,000 |
St Louis Community Foundation St Louis, MO PURPOSE: EDUCATION | $25,491 |
Kuhn Foundation St Louis, MO PURPOSE: TO FURTHER RECIPIENT'S CHARITABLE PURPOSE | $25,000 |
Sander Foundation Duxbury, MA PURPOSE: SUPPORT THE SCHOOL FOR UNDERSERVED | $25,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $16,218 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Osu Cowboy Dining Llc Stillwater, OK | $122,470,364 | $142,292,630 |
Lift For Life Academy Inc St Louis, MO | $16,336,630 | $14,911,822 |
Ohio Valley Conference Brentwood, TN | $13,074,927 | $12,736,519 |
Affton Athletic Association Inc Saint Louis, MO | $7,383,219 | $3,754,085 |
St Louis Gymnastic Centre St Louis, MO | $2,087,468 | $2,283,329 |
North Shore Ice Arena Llc Northbrook, IL | $6,337,689 | $1,838,299 |
Greater Kansas City Sports Commission Kansas City, MO | $1,023,252 | $1,539,143 |
Nextmax Inc Benton, KY | $15,645 | $50,694 |
Clayton Shaw Park Swimming Team Inc St Louis, MO | $1,410,397 | $1,239,565 |
Iowa Volleyball Association Clive, IA | $575,619 | $865,650 |
Omaha Multi-Sport Complex Omaha, NE | $13,329,983 | $3,386,122 |
Columbia Sailing School Chicago, IL | $383,483 | $865,948 |