The Arc Of Greensboro Inc
- Assets
- $1.4m
- Revenue
- $759.8k
- Investments
- $0.0
- Employees
- 24
- Location
- Greensboro, NC
- Founding
- 11/1961
- Data as of
- 06/2022
- EIN
- 56-0745766
Organization Overview
The Arc Of Greensboro Inc is located in Greensboro, NC. The organization was established in 1961. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 06/2022, Arc Of Greensboro Inc employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arc Of Greensboro Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Arc Of Greensboro Inc generated $759.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $840.9k during the year ending 06/2022. While expenses have increased by 1.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ARC OF GREENSBORO IS COMMITTED TO IDENTIFYING AND SECURING LIFE-LONG OPPORTUNITIES FOR CHILDREN & ADULTS WITH INTELLECTUAL & DEVELOPMENTAL DISABILITIES. THROUGH ADVOCACY, SERVICES, PROGRAMS, AND EDUCATION,THE ARC SUPPORTS INDIVIDUALS & THEIR FAMILIES IN CHOOSING OPTIONS THAT LEAD TO PRODUCTIVE & SATISFYING LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTED EMPLOYMENT - PROVIDE TRAINING AND JOB COACHING TO OVER 200 PERSONS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES
EDUCATION AND COMMUNITY SUPPORT SERVICES - EDUCATE AND PROVIDE CASE MANAGEMENT SERVICES TO MORE THAN 80 CHILDREN AND ADULTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES
ARCBARKS DOG TREATS WAS CONCEIVED AND DEVELOPED BY THE ARC OF GREENSBORO TO PROVIDE VOCATIONAL TRAINING FOR INDIVIDUALS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES AND A WAY FOR THE ARC OF GREENSBORO TO GIVE BACK TO THE GREENSBORO COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lindy Perry-Garnette Executive Dir. | Officer | 40 | $41,518 |
Craig Lloyd Executive Dir. | Officer | 40 | $17,939 |
Monica Guffini Director | Trustee | 1.5 | $0 |
Steve Adelman Director | Trustee | 1.5 | $0 |
Larry Bailey Director | Trustee | 1.5 | $0 |
Rita Jennings Director | Trustee | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $60,000 |
| Membership dues | $0 |
| Fundraising events | $30,619 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $287,147 |
| Noncash contributions included in lines 1a–1f | $4,920 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $377,766 |
| Total Program Service Revenue | $373,345 |
| Investment income | $5,646 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,370 |
| Net Income from Fundraising Events | -$509 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $759,756 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $91,991 |
| Compensation of current officers, directors, key employees. | $13,061 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $409,640 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $39,313 |
| Payroll taxes | $33,938 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,880 |
| Fees for services: Accounting | $10,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $47,408 |
| Advertising and promotion | $5,406 |
| Office expenses | $34,214 |
| Information technology | $21,911 |
| Royalties | $0 |
| Occupancy | $77,656 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,482 |
| Interest | $0 |
| Payments to affiliates | $3,404 |
| Depreciation, depletion, and amortization | $8,813 |
| Insurance | $18,045 |
| All other expenses | $0 |
| Total functional expenses | $840,860 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $122,031 |
| Savings and temporary cash investments | $17,690 |
| Pledges and grants receivable | $60,000 |
| Accounts receivable, net | $16,646 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,827 |
| Prepaid expenses and deferred charges | $29,115 |
| Net Land, buildings, and equipment | $23,448 |
| Investments—publicly traded securities | $1,083,485 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,359,242 |
| Accounts payable and accrued expenses | $59,639 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $48,712 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $108,351 |
| Net assets without donor restrictions | $293,818 |
| Net assets with donor restrictions | $957,073 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,359,242 |