ARC THRIFT STORES INC (EIN 840515942) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1968

Legal Domicile

Principal Officer

Lloyd Lewis

Phone

3032319222

Tax Period

2024-10-01 to 2025-09-30

ARC THRIFT STORES INC, founded in 1968, is a major nonprofit in the Human Services sector that reported $139.6M in total revenue in fiscal year 2024.

Mission

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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $130,527,521

Program Service Revenue $0

Investment Income $1,702,668

Other Revenue $7,415,944

TOTAL REVENUE $139,646,133

Expense Breakdown

Grants Paid $16,611,448

Salaries & Benefits $73,514,519

Fundraising Expenses $0

Program Expenses $132,844,400

Other Expenses $51,265,860

TOTAL EXPENSES $141,391,827

Year-over-Year Comparison

	2024	2023	Change
Revenue	$139,646,133	$137,550,311	+0.0%
Expenses	$141,391,827	$133,172,606	+0.1%
Net Income	$-1,745,694	$4,377,705	-1.4%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

3594

Volunteers

10954

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$821,320

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LLOYD LEWIS SEE SCH J PRT II	President & CEO	50.00	Officer	$549,133	$11,863	$560,996
ERICK MARTINEZ	SENIOR VP OF STORES	40.00		$231,324	$17,408	$248,732
Kevin Mann	CFO	50.00	Officer	$204,619	$10,816	$215,435
LOUISE M VAUGHN	Director of HR & IT	40.00		$192,983	$7,487	$200,470
Margaret Scivicque	Director of Marketing	40.00		$156,027	$14,353	$170,380
Marty Schmitt	Dir of Donor Services	40.00		$152,911	$10,686	$163,597
Corissa Figaro	IT Manager	40.00		$139,814	$13,510	$153,324
Barry Hinkley	District Manager	40.00		$133,870	$5,500	$139,370
Jonathan Resnick	Controller	40.00		$124,244	$7,927	$132,171
Miranda Halverson	Dir of Volunteers	40.00		$122,555	$4,610	$127,165
Aspen Kass	Director of HR	40.00		$110,473	$12,082	$122,555
BRUCE STAHLMAN	Former CFO	50.00	Officer	$42,838	$2,051	$44,889
Dr Henry Roth	Trustee	1.00	Director	$0	$0	$0
CHRIS BURNETT	Trustee	1.00	Director	$0	$0	$0
SCOTT CHANDLER	Vice Chair	2.00	Officer Director	$0	$0	$0
CHARLES CHUCK SATHER	Past Chair	1.00	Officer Director	$0	$0	$0
MARK WILSON	Chairman	2.00	Officer Director	$0	$0	$0
DEAN BOOSALIS	Past Chair	1.00	Director	$0	$0	$0
BOBBY PESAVENTO	Trustee	1.00	Director	$0	$0	$0
COREY FOREMAN	Trustee	1.00	Director	$0	$0	$0
JULIE JOLSTAD	Trustee	1.00	Director	$0	$0	$0
MICHELLE SIE WHITTEN	Secretary	2.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$139,646,133	$141,391,827	$173,868,635	$-1,745,694
2024	$137,550,311	$133,172,606	$161,439,587	$4,377,705
2023	$123,896,557	$121,851,569	$149,549,027	$2,044,988
2022	$120,544,439	$108,131,355	$64,232,403	$12,413,084
2021	$110,737,659	$98,397,788	$67,959,026	$12,339,871
2020	$84,409,975	$91,009,925	$45,508,544	$-6,599,950
2019	$97,586,573	$95,220,582	$42,435,502	$2,365,991
2018	$89,246,047	$86,787,243	$38,862,735	$2,458,804

ARC THRIFT STORES INC