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ARC THRIFT STORES INC

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Public IRS 990 nonprofit record

ARC THRIFT STORES INC

EIN 84-0515942 · Human Services (P820)

What they do

As One of The Nations Largest Employers of Individuals With Intellectual and Developmental Disabilities, We Believe In The Power of Employment to Foster Independence and Fulfillment. By Providing Enriching Job Opportunities and Educational Programming, We Empower People With Autism, Down Syndrome, Cerebral Palsy, and Other Intellectual and Developmental Disabilities to Thrive and Live Their Best Lives.Every Year, Our Programs Positively Impact Thousands of Individuals and Their Families. We Celebrate Diversity, Individuality, Equity, and The Potential Within Every Person, Striving to Create A More Inclusive Society Where Everyone Can Reach Their Full Potential.When You Shop At Arc Thrift Stores, Youre Not Just Saving Moneyyoure Contributing to A Larger Cause. Youre Supporting Sustainability Efforts By Giving New Life to Gently Used Items and Helping to Fund Essential Programs for People With Intellectual and Developmental Disabilities In Your Community.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $94.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders22 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

95.13%of revenue went to mission work94.0% of expenses · Program services
$101.25spent for every $100 of revenueSpending was higher than revenue this year.
6.12%of revenue went to management and office costs6.0% of expenses
$1.23in assets for every $1 spent this yearSome assets cannot be spent right away.
93.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $1,745,694 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $560,996 for LLOYD LEWIS SEE SCH J PRT II (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$139,646,133
Mission workProgram services$132,844,40095.13% of revenue94.0% of expenses
ManagementOffice and general costs$8,547,4276.12% of revenue6.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$141,391,827101.25% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 94.0% mission · 6.0% management · 0.0% fundraisingTotal expenses: 101.25% of revenue
2023Expense mix: 94.1% mission · 5.9% management · 0.0% fundraisingTotal expenses: 96.82% of revenue
2022Expense mix: 93.7% mission · 6.3% management · 0.0% fundraisingTotal expenses: 98.35% of revenue
2021Expense mix: 93.0% mission · 7.0% management · 0.0% fundraisingTotal expenses: 89.70% of revenue
2020Expense mix: 93.6% mission · 6.3% management · 0.1% fundraisingTotal expenses: 88.86% of revenue
2019Expense mix: 93.6% mission · 6.4% management · 0.0% fundraisingTotal expenses: 107.82% of revenue
2018Expense mix: 93.6% mission · 6.4% management · 0.0% fundraisingTotal expenses: 97.58% of revenue
2017Expense mix: 92.7% mission · 7.3% management · 0.0% fundraisingTotal expenses: 97.24% of revenue

Money in and money out

Revenue$139,646,133
Expenses$141,391,827
Annual shortfall $1,745,694 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$132,844,400 · 94.0% of expenses
Management and office costs$8,547,427 · 6.0% of expenses
See all reported dollar amounts
Revenue$139,646,133
Expenses$141,391,827
Assets$173,868,635
Income$141,378,906
Contributions$130,527,521
Mission work (program services)$132,844,400
Grants given$104,978,360
Average grant$882,171
Management and general$8,547,427
Executive compensation (total)$662,360
Stocks and bonds$32,610,764
Accounting fees$84,770
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
LLOYD LEWIS SEE SCH J PRT IIPRESIDENT & CEO · 50 hrs/week $560,996Base $549,133 · Other $11,863
ERICK MARTINEZSENIOR VP OF STORES · 40 hrs/week $248,732Base $231,324 · Other $17,408
KEVIN MANNCFO · 50 hrs/week $215,435Base $204,619 · Other $10,816
LOUISE M VAUGHNDIRECTOR OF HR & IT · 40 hrs/week $200,470Base $192,983 · Other $7,487
MARGARET SCIVICQUEDIRECTOR OF MARKETING · 40 hrs/week $170,380Base $156,027 · Other $14,353
MARTY SCHMITTDIR OF DONOR SERVICES · 40 hrs/week $163,597Base $152,911 · Other $10,686
CORISSA FIGAROIT MANAGER · 40 hrs/week $153,324Base $139,814 · Other $13,510
BARRY HINKLEYDISTRICT MANAGER · 40 hrs/week $139,370Base $133,870 · Other $5,500
JONATHAN RESNICKCONTROLLER · 40 hrs/week $132,171Base $124,244 · Other $7,927
MIRANDA HALVERSONDIR OF VOLUNTEERS · 40 hrs/week $127,165Base $122,555 · Other $4,610
ASPEN KASSDIRECTOR OF HR · 40 hrs/week $122,555Base $110,473 · Other $12,082
BRUCE STAHLMANFORMER CFO · 50 hrs/week $44,889Base $42,838 · Other $2,051

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (22)

LLOYD LEWIS SEE SCH J PRT IIPRESIDENT & CEO

ERICK MARTINEZSENIOR VP OF STORES

KEVIN MANNCFO

LOUISE M VAUGHNDIRECTOR OF HR & IT

MARGARET SCIVICQUEDIRECTOR OF MARKETING

MARTY SCHMITTDIR OF DONOR SERVICES

CORISSA FIGAROIT MANAGER

BARRY HINKLEYDISTRICT MANAGER

JONATHAN RESNICKCONTROLLER

MIRANDA HALVERSONDIR OF VOLUNTEERS

ASPEN KASSDIRECTOR OF HR

BRUCE STAHLMANFORMER CFO

DR HENRY ROTHTRUSTEE

DEAN BOOSALISPAST CHAIR

JULIE JOLSTADTRUSTEE

COREY FOREMANTRUSTEE

CHRIS BURNETTTRUSTEE

CHARLES CHUCK SATHERPAST CHAIR

MARK WILSONCHAIRMAN

BOBBY PESAVENTOTRUSTEE

MICHELLE SIE WHITTENSECRETARY

SCOTT CHANDLERVICE CHAIR

About this charity

Recognized since
January 2006
Location
12345 W ALAMEDA PKWY STE 111, LAKEWOOD, CO 80228-2827
County
Jefferson
In care of
% JONATHAN RESNICK
Primary officer
Kevin Mann, CFO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
October 1, 2024
Return type
990
Tax preparer
G GRIGGS CPA INC
NTEE classification
Human Services (P820)
IRS tax category
Services for the Elderly and Persons with Disabilities
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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