Project Lift Inc

Nonprofit profile at a glance

EIN
273949112
IRS 990 coverage
2014–2024
Forms available
Form 990 2024, Form 990-N 2010
Location
Hobe Sound, FL, USA
Phone
7722212244
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Youth Development Programs

Official website

Reported finances

Revenue
$6,696,049
Expenses
$6,442,378
Assets
$10,298,677
Liabilities
$2,013,248

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

14 people listed

Executive titles in this filing

  • MARK LEMASNEY (PRESIDENT)
  • ROBERT ZACCHEO JR (CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • ROBERT ZACCHEO JR (CHIEF EXECUTIVE OFFICER): $193,882 total reported compensation
  • MATTHEW FENEDICK (CHIEF FINANCIAL OFF): $164,975 total reported compensation
  • LAUREN ADRIAN (CHIEF IMPACT OFFICER): $156,588 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Project lift is dedicated to improving the lives of at-risk teens and their families through treatment of substance use disorders, mental health counseling, mentoring and vocational skills training.

What it reported doing in 2024

Project lift provides therapy through the unique platform of vocational training. At no cost, at-risk 14-25-year-old men and women engage in hands on training in skilled trades while licensed therapists provide evidence based mental health and substance abuse treatement. This strategy, which we call "therapy under the hood of a car" features skilled instructors in auto repair, welding, carpentry & construction, electrical, and more! This apprentice style paid training in the skilled trades using industry standard equipment has attracted local employers who use volunteers to train and seek out prospective employees, allowing for job placement and a viable path to economic self-sufficiency. Teens are referred by the juvenile justice system, probation officers, school guidance counselors, and community partners. Project lift's treatment strategy has proven more efficient and effective with adolecents than standard counseling, resulting in hopeful, sober, employable, and productive citizents. More than 5,000 individuals have benefited from this program across 3 counties. By removing the stigma associated with vocational training, and empowering teens to cultivate the dignity that results form mastering a skilled trade, we can foster success. Job placement assistance is offered upon program completion, and we have developed strategic partnerships with local businesses who hire our program graduates. Each day of programming ends with a family style meal, where youth gather to eat alongside staff and mentors. This is pivotal, as it develops a sense of community, respect, and belonging. Many of the teens we serve do not experience this simple, yet meaningful ritual at home, and it helps to create a foundation of trust that breaks down barriers to engaging fully in treatment. A seperate boys program and girls after school program are offered, as well as a day program for young adults. Participants are paid a stipend for the work they do, as long as they test clean for drugs and alcohol. Random urine drug testing is conducted for all participants weekly. Incentive pay places value on their hard work and creates additional incentive to stay clean and motivated.community service is a cornerstone of our programming. For example, our participants have been responsible for repairing and giving away more than 165 cars to needy families. In the evolution of behavior, teens make the transition from being takers to givers, creating opportunities for deeper moral reasoning. Additionally, our on-site pathway academy of innovation offers youth who have dropped out or are struggling to graduate, the opportunity to obtain an accredited high school dipoloma while learning a trade.

Operating model

Revenue model
Donor-supported. 66% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 70
  • Accountability: 95
  • Sustainability: 47
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.7%; rating input score 89
  • Program expense ratio: 84.9%; rating input score 85
  • Fundraising efficiency: $13.47 raised per $1 spent on fundraising; rating input score 47; 47th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 1 of 6 controls in place; rating input score 17
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 90.9%; rating input score 91; 21st percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 3.8%; rating input score 47; 47th percentile among comparable filings
  • Total-asset coverage ratio: 1.6; rating input score 54; 54th percentile among comparable filings
  • Liabilities to assets ratio: 0.2; rating input score 44; 44th percentile among comparable filings
  • Officer compensation ratio: 10%; rating input score 30; 30th percentile among comparable filings

Growth

  • Program expense growth: 23.2% per year; rating input score 100; 88th percentile among comparable filings
  • Revenue growth: 21.2% per year; rating input score 100; 89th percentile among comparable filings
  • Asset growth: 25.4% per year; rating input score 100; 90th percentile among comparable filings

Details

  • Where the money goes: 88.7% of revenue deployed · 84.9% of spending went to programs
  • Governance: 10 of 11 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $5.5M in reported program spending
  • Leadership: top reported pay $194K · 14 people listed · 1 of 6 pay-setting controls reported
  • Consistency: 30 of 30 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 8 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 47/100.
  • Moderate — Sustainability: Operating margin scored 47/100.
  • Review — Sustainability: Total-asset coverage ratio scored 54/100.
  • Moderate — Sustainability: Officer compensation ratio scored 30/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 44/100.