We give a group-theoretic interpretation of non-relativistic holography as equivalence between representations of the Schrodinger algebra describing bulk fields and boundary fields. The main result is the explicit construction of the boundary-to-bulk operators in the framework of representation theory (without specifying any action). Further we show that these operators and the bulk-to-boundary operators are intertwining operators. In analogy to the relativistic case, we show that each bulk field has two boundary fields with conjugated conformal weights. These fields are related by another intertwining operator given by a two-point function on the boundary. Analogously to the relativistic result of Klebanov-Witten we give the conditions when both boundary fields are physical.
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