Civic Intelligence

Lift to Rise

EIN 82-5258187 • 501(c)3 • Palm Desert, CA

Profile

Lift to rise is a collective impact organization that works to achieve a future where all coachella valley families are healthy, stable, and thriving. Our work brings together community and institutional leaders to collaboratively solve the underlying causes of poverty and inequality.

75-175 Merle Dr 100Palm Desert, CA 92211

lifttorise.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

41st percentile

0.11x

Higher debt load relative to assets than 41% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

59th percentile

0.33x

Higher debt load relative to revenue than 59% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

87th percentile

45%

Higher net margin than 87% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

93rd percentile

53%

Faster asset growth than 93% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2024

Revenue Growth

3rd percentile

-63%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2024

Assets

Up

$23,513,783

Up $5,006,117 (+27%) from 2023

Liabilities

Up

$2,527,323

Up $1,569,417 (+164%) from 2023

Net Assets

Up

$20,986,460

Up $3,436,700 (+20%) from 2023

Revenue

Down

$7,597,503

Down $26,935,128 (-78%) from 2023

Expenses

Down

$4,160,036

Down $13,742,341 (-77%) from 2023

Net Income

Down

$3,437,467

Down $13,192,787 (-79%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30M$20M$10M$0Assets 2019: $995,533Liabilities 2019: $195,396Net Assets 2019: $800,1372019Assets 2020: $4,278,089Liabilities 2020: $3,866,428Net Assets 2020: $411,6612020Assets 2021: $7,966,445Liabilities 2021: $7,097,212Net Assets 2021: $869,2332021Assets 2022: $10,036,798Liabilities 2022: $9,117,740Net Assets 2022: $919,0582022Assets 2023: $18,507,666Liabilities 2023: $957,906Net Assets 2023: $17,549,7602023Assets 2024: $23,513,783Liabilities 2024: $2,527,323Net Assets 2024: $20,986,4602024

Highlighted filing

2024

Assets$23,513,783
Liabilities$2,527,323
Net Assets$20,986,460

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60M$40M$20M$0-$20MRevenue 2019: $2,220,749Expenses 2019: $1,420,612Net Income 2019: $800,1372019Revenue 2020: $1,590,311Expenses 2020: $1,978,787Net Income 2020: -$388,4762020Revenue 2021: $22,074,491Expenses 2021: $21,617,024Net Income 2021: $457,4672021Revenue 2022: $56,799,508Expenses 2022: $56,749,705Net Income 2022: $49,8032022Revenue 2023: $34,532,631Expenses 2023: $17,902,377Net Income 2023: $16,630,2542023Revenue 2024: $7,597,503Expenses 2024: $4,160,036Net Income 2024: $3,437,4672024

Highlighted filing

2024

Revenue$7,597,503
Expenses$4,160,036
Net Income$3,437,467

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 12, 2025
Return Version
2023v6.0
Gross Receipts
$7,597,503
Mission and Program Overview

Mission

Lift to rise is a collective impact organization that works to achieve a future where all coachella valley families are healthy, stable and thriving. Our work brings together community and institutional leaders to collaboratively solve the underlying causes of poverty and inequality.

SEE SCHEDULE O

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$3,141$12,881,565▲ $12,878,424
Pledges and Grants Receivable$16,400,650$6,198,353▼ $10,202,297
Land, Buildings, and Equipment, Net$122,617$2,906,232▲ $2,783,615
Other Notes and Loans Receivable, Net-$1,445,487-
Prepaid Expenses and Deferred Charges$54,233$20,600▼ $33,633
Cash and Non-Interest-Bearing Accounts$1,805,271$19,278▼ $1,785,993
Intangible Assets-$5,406-
Total Assets$18,507,666$23,513,783▲ $5,006,117
Other Assets Total$121,754$36,862▼ $84,892
Liabilities
Mortgage Notes Payable Secured by Investment Property-$2,180,000-
Deferred Revenue$537,734--
Accounts Payable and Accrued Expenses$298,418$309,914▲ $11,496
Other Liabilities$121,754$37,409▼ $84,345
Total Liabilities$957,906$2,527,323▲ $1,569,417
Net Assets / Fund Balance
Net Assets With Donor Restrictions$17,382,025$19,031,822▲ $1,649,797
Net Assets Without Donor Restrictions$167,735$1,954,638▲ $1,786,903
Total Net Assets Fund Balance$17,549,760$20,986,460▲ $3,436,700
Total Liabilities and Net Assets / Fund Balance$18,507,666$23,513,783▲ $5,006,117

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,232,208$4,825$2,237,033
Land$496,405-$496,405
Other Land Buildings$115,397-$115,397
Leasehold Improvements$52,615$14,357$66,972
Equipment$9,607$28,729$38,336
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Heather VaikonaCEOFT$314,918$21,600$336,518

Board Members and Trustees

NameTitle
Matt HortonBoard Chair
Nadia VillagranImmediate Past Chair
Mariela Magana CeballosVice Chair
Jaime AlonsoBoard Member
Beatriz Gonzalez IniguezSecretary
Chris KennenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$6,742,671
Program Service Revenue
$304,155
Investment Income
$550,677
Other Revenue
$0
All Other Contributions
$29,937
Change in Net Assets
$3,437,467

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,597,503
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-767
Total Revenue per Audited Statements
$7,596,736
Total Revenue per Form 990
$7,597,503
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,452,997
Salaries, Compensation, and Employee Benefits$1,707,039
Total Fundraising Expense$62,504
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,051,006$323,573$17,542$1,392,121
Current Officers, Directors, Trustees, and Key Employees$236,188$47,238$31,492$314,918
Fees for Services Accounting-$269,798-$269,798
Fees for Services Other$205,958-$3,000$208,958
Advertising$152,141-$2,146$154,287
Occupancy$86,338$29,332$3,289$118,959
Office Expenses$25,395$88,222$3,165$116,782
All Other Expenses$57,993$41,791$360$100,144
Other Expenses$90,951$310-$90,951
Conferences and Meetings$52,964$35,484$1,510$89,958
Travel$53,584$2,994-$56,578
Fees for Services Legal$20,449$22,348-$42,797
Insurance-$24,780-$24,780
Depreciation Depletion-$13,124-$13,124
Interest$4,403$1,073-$5,476
Total Functional Expenses$3,197,465$900,067$62,504$4,160,036

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,160,036
Total Expenses per Audited Statements$4,160,036
Total Expenses per Form 990$4,160,036
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$37,409
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Gc planning or executing budgets and financial operations

Form 990, Part VI, Section B, Line 11B

Form 990 is subject to preliminary review by ceo and gonda+co, the organization's external cpa, and final review by board of directors before filing.

Form 990, Part VI, Section B, Line 12C

Lift to rise has conflict of interest policies and protocols for both board and staff members to manage and address any potential conflicts that may arise in the work. Both board and staff are required to sign policy acknowledgment forms, and the policies and protocols are reviewed annually. Additionally, we take enhanced conflict of interest measures related to our rental assistance program: specifically mitigating any conflict by ensuring that no staff or associated leadership processes, reviews or approves applications of known personal or familial relationships.

Form 990, Part VI, Section B, Line 15A

Lift to rise prioritizes living wage compensation and strives to ensure staff are compensated comparably and competitively to local, regional and statewide counterparts. The compensation committee, on behalf of the board of directors supervised an external, independent, and thorough comp study by evaluating comparable salaries in the region and in similarly sized organizations with comparable levels of social impact and used performance measures to gauge goals and results achieved.

Form 990, Part VI, Section C, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Lift to Rise
EIN
82-5258187
Phone
7606360420
Address
75-175 MERLE DR 100, PALM DESERT, CA 92211

Signing Officer

Name
Heather Vaikona
Title
CEO
Phone
7606360420
Signed
2025-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Heather Vaikona
Formed
2018
Legal Domicile
CA
Voting Board Members
6
Independent Board Members
6
Employees
19
Volunteers
30

Preparer

Firm
Smith Marion & Co
Address
1940 ORANGE TREE LANE SUITE 100, REDLANDS, CA 92374
Preparer
Carlos Carazo
Phone
9093072323
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

Lift to rise is the backbone of a coalition of more than 70 partners carrying out a bold plan to increase housing affordability in the coachella valley. We bring together local governments, affordable housing developers, community groups, and resident leaders to solve the challenges that slow affordable housing production so the coachella valley can be a place where everyone thrives.

Form 990, Part III, Line 1

Lift to rise is the backbone of a coalition of more than 70 partners carrying out a bold plan to increase housing affordability in the coachella valley. We bring together local governments, affordable housing developers, community groups, and resident leaders to solve the challenges that slow affordable housing production so the coachella valley can be a place where everyone thrives.

FORM 990, PART III, LINE 4A:

Lift to rise serves as the backbone organization for a multi-sector collective impact initiative committed to reducing rent burden by 30% in the coachella valley through the production of 10,000 units of affordable housing by 2028. Our key areas of work include: convening: we anchor and coordinate a regional collaborative known as the housing collaborative action network (can), guiding over 70 partners across sectors through biannual action planning and aligned contributions toward our shared goal. Pipeline development: we track and maintain a real-time regional pipeline of affordable housing projects, identifying systemic barriers across jurisdictions and developments that inform strategic interventions to accelerate production. Investment: through our innovative we lift catalyst funda revolving loan fund that leverages public, private, and cdfi resourceswe deploy flexible, low-interest capital to hard-to-fund and community-prioritized affordable housing projects that face financing gaps in this historically underinvested region. Policy advocacy: we lead local, state, and federal advocacy efforts to align regulatory frameworks and public funding sources with the unique needs of the coachella valley affordable housing pipeline, positioning our region to secure and effectively use more housing resources. Movement building: we engage and mobilize local residents to civic action through our resident leadership table and committees by cities initiatives, whose members serve as the boots on the ground of our regional housing affordability initiative. In addition, our strategic communications work shifts narratives and garners public support for housing solutions across the valley. Key successes: since the initiative's launch in 2018, lift to rise and its partners have driven transformative change. The region's affordable housing pipeline has grown from an average of just 38 units per year pre-2018 to over 9,100 units now planned or underway. Our catalyst fund has deployed or committed over $34 million in loans to spark development of nearly 1,000 affordable units. We have also mobilized over 2,000 residents to participate in civic engagement, pushing local city councils, state legislators, and federal representatives for more resources for our community. These efforts have significantly raised the coachella valley's profile as an innovator in collaborative housing solutions, resulting in increased investment and attention from federal, state, and philanthropic partners.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LIFT TO RISE IS THE BACKBONE OF A COALITION OF MORE THAN 70 PARTNERS CARRYING OUT A BOLD PLAN TO INCREASE HOUSING AFFORDABILITY IN THE COACHELLA VALLEY. WE BRING TOGETHER LOCAL GOVERNMENTS, AFFORDABLE HOUSING DEVELOPERS, COMMUNITY GROUPS, AND RESIDENT LEADERS TO SOLVE THE CHALLENGES THAT SLOW AFFORDABLE HOUSING PRODUCTION SO THE COACHELLA VALLEY CAN BE A PLACE WHERE EVERYONE THRIVES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LIFT TO RISE IS THE BACKBONE OF A COALITION OF MORE THAN 70 PARTNERS CARRYING OUT A BOLD PLAN TO INCREASE HOUSING AFFORDABILITY IN THE COACHELLA VALLEY. WE BRING TOGETHER LOCAL GOVERNMENTS, AFFORDABLE HOUSING DEVELOPERS, COMMUNITY GROUPS, AND RESIDENT LEADERS TO SOLVE THE CHALLENGES THAT SLOW AFFORDABLE HOUSING PRODUCTION SO THE COACHELLA VALLEY CAN BE A PLACE WHERE EVERYONE THRIVES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LIFT TO RISE SERVES AS THE BACKBONE ORGANIZATION FOR A MULTI-SECTOR COLLECTIVE IMPACT INITIATIVE COMMITTED TO REDUCING RENT BURDEN BY 30% IN THE COACHELLA VALLEY THROUGH THE PRODUCTION OF 10,000 UNITS OF AFFORDABLE HOUSING BY 2028. OUR KEY AREAS OF WORK INCLUDE: CONVENING: WE ANCHOR AND COORDINATE A REGIONAL COLLABORATIVE KNOWN AS THE HOUSING COLLABORATIVE ACTION NETWORK (CAN), GUIDING OVER 70 PARTNERS ACROSS SECTORS THROUGH BIANNUAL ACTION PLANNING AND ALIGNED CONTRIBUTIONS TOWARD OUR SHARED GOAL. PIPELINE DEVELOPMENT: WE TRACK AND MAINTAIN A REAL-TIME REGIONAL PIPELINE OF AFFORDABLE HOUSING PROJECTS, IDENTIFYING SYSTEMIC BARRIERS ACROSS JURISDICTIONS AND DEVELOPMENTS THAT INFORM STRATEGIC INTERVENTIONS TO ACCELERATE PRODUCTION. INVESTMENT: THROUGH OUR INNOVATIVE WE LIFT CATALYST FUNDA REVOLVING LOAN FUND THAT LEVERAGES PUBLIC, PRIVATE, AND CDFI RESOURCESWE DEPLOY FLEXIBLE, LOW-INTEREST CAPITAL TO HARD-TO-FUND AND COMMUNITY-PRIORITIZED AFFORDABLE HOUSING PROJECTS THAT FACE FINANCING GAPS IN THIS HISTORICALLY UNDERINVESTED REGION. POLICY ADVOCACY: WE LEAD LOCAL, STATE, AND FEDERAL ADVOCACY EFFORTS TO ALIGN REGULATORY FRAMEWORKS AND PUBLIC FUNDING SOURCES WITH THE UNIQUE NEEDS OF THE COACHELLA VALLEY AFFORDABLE HOUSING PIPELINE, POSITIONING OUR REGION TO SECURE AND EFFECTIVELY USE MORE HOUSING RESOURCES. MOVEMENT BUILDING: WE ENGAGE AND MOBILIZE LOCAL RESIDENTS TO CIVIC ACTION THROUGH OUR RESIDENT LEADERSHIP TABLE AND COMMITTEES BY CITIES INITIATIVES, WHOSE MEMBERS SERVE AS THE BOOTS ON THE GROUND OF OUR REGIONAL HOUSING AFFORDABILITY INITIATIVE. IN ADDITION, OUR STRATEGIC COMMUNICATIONS WORK SHIFTS NARRATIVES AND GARNERS PUBLIC SUPPORT FOR HOUSING SOLUTIONS ACROSS THE VALLEY. KEY SUCCESSES: SINCE THE INITIATIVE'S LAUNCH IN 2018, LIFT TO RISE AND ITS PARTNERS HAVE DRIVEN TRANSFORMATIVE CHANGE. THE REGION'S AFFORDABLE HOUSING PIPELINE HAS GROWN FROM AN AVERAGE OF JUST 38 UNITS PER YEAR PRE-2018 TO OVER 9,100 UNITS NOW PLANNED OR UNDERWAY. OUR CATALYST FUND HAS DEPLOYED OR COMMITTED OVER $34 MILLION IN LOANS TO SPARK DEVELOPMENT OF NEARLY 1,000 AFFORDABLE UNITS. WE HAVE ALSO MOBILIZED OVER 2,000 RESIDENTS TO PARTICIPATE IN CIVIC ENGAGEMENT, PUSHING LOCAL CITY COUNCILS, STATE LEGISLATORS, AND FEDERAL REPRESENTATIVES FOR MORE RESOURCES FOR OUR COMMUNITY. THESE EFFORTS HAVE SIGNIFICANTLY RAISED THE COACHELLA VALLEY'S PROFILE AS AN INNOVATOR IN COLLABORATIVE HOUSING SOLUTIONS, RESULTING IN INCREASED INVESTMENT AND ATTENTION FROM FEDERAL, STATE, AND PHILANTHROPIC PARTNERS.

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