Lift Jax Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 850819002 ✦ Jacksonville, FL ✦ Designated as a 501(c)(3)

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Overview

What is Lift Jax Inc?

Lift Jax Inc, based in Jacksonville, Florida, is a nonprofit organization with a mission to combat generational poverty in the city. They achieve this by providing grants and assistance to partner organizations operating within their exempt purpose. These partner organizations work towards improving community transformation, specifically targeting deteriorated areas, with the aim of preventing further economic decline. Lift Jax Inc, an initiative led by business and community leaders, has a total of two employees committed to eradicating generational poverty in Jacksonville. Their efforts primarily involve supporting organizations that implement activities addressing the challenges of the communities they serve.


Official website here: www.liftjax.org

Is Lift Jax Inc legitimate?

Lift Jax Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lift Jax Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $153,672
Professional Fundraising Fees: $0
Other Salaries and Wages: $115,961

For more financial information, click here


Official website here: www.liftjax.org

What is the mission statement of Lift Jax Inc?

Lift Jax Inc, an initiative spearheaded by business and community leaders, is committed to eradicating generational poverty. Their mission is to provide grants and assistance to partner organizations, ensuring they operate in a manner that aligns with Lift Jax's exempt purpose. These organizations implement activities aimed at improving blighted areas and preventing further economic decline in their communities. By doing so, Lift Jax seeks to transform communities and prevent the perpetuation of poverty. The organization's ultimate goal is to contribute to the betterment of these communities, promoting social and economic growth.


Official website here: www.liftjax.org

Who is the CEO of Lift Jax Inc?

David Garfunkel is the Chair of Lift Jax Inc.


Official website here: www.liftjax.org

What is the revenue of Lift Jax Inc?

Lift Jax Inc's revenue in 2022 was $1,333,566.


Official website here: www.liftjax.org

Who are the executives of Lift Jax Inc and what are their salaries?

The average compensation at Lift Jax Inc during 2022 was $134,816. There are 2 employees and 25 volunteers at Lift Jax Inc.


Here are 9 key members and their salaries:


Darnell Smith (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Wiss (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Pickett (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Rudy Jamison (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Gunnlaugsson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Braun (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pastor Harry Williams (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Garfunkel (President)
  • Compensation: $153,672
  • Related: $0
  • Other: $0
Travis Williams (Vp, Operations And Impact)
  • Compensation: $115,961
  • Related: $0
  • Other: $0


Official website here: www.liftjax.org

Where can I find the form 990 for Lift Jax Inc?

Lift Jax Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.liftjax.org

Learn more at the official website: www.liftjax.org

Mission Statement of Lift Jax Inc

Lift Jax Inc, an initiative spearheaded by local business and community leaders, is committed to eliminating generational poverty in an unspecified location. Their mission is rooted in providing grants and assistance to partner organizations, ensuring they operate in alignment with Lift Jax's exempt purpose. These organizations engage in activities that aim to improve their communities, addressing deteriorated conditions and striving to enhance blighted areas. This proactive approach is intended to prevent further economic decline and contribute to the overall transformation of the communities Lift Jax serves. By supporting these initiatives, Lift Jax seeks to eradicate generational poverty, ultimately leading to a more prosperous and equitable society.

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Impact




July, 2024

Lift Jax Inc's impact can be seen in its efforts to eradicate generational poverty in Jacksonville. By providing grants and assistance to partner organizations that work towards improving community transformation, Lift Jax is actively addressing the deteriorated conditions in the communities it serves. This initiative, led by business and community leaders, aims to improve blighted areas, prevent economic decline, and ultimately uplift the residents of Jacksonville.




This information is meant to be a general summary of Lift Jax Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,333,566 (2022)
Expenses
$1,284,264 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,747
  • Gross Receipts: $1,333,566

Assets and Liabilities:

  • Total Assets: $3,483,375
  • Total Liabilities: $16,696
  • Net Assets: $3,466,679

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Organization Details

Founding Year

2020

Principal Officer

David Garfunkel

Main Address

40 EAST ADAMS STREET 350, JACKSONVILLE, FL, 32202

NTEE Category

Code: S21 - Community improvement

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