Form 990 for tax year 2024
Filed by THRIFT SHOP ASSOCIATION OF ANN ARBOR.
Totals
- Total revenue
- $731,394
- Total expenses
- $730,899
- Contributions and grants received
- $224,964
- Grants paid
- $495,360
- Program service revenue
- $0
- Investment income
- $28,641
- Other revenue
- $477,789
- Total assets, end of year
- $1,068,022
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $1,068,022
- Program services expenses (Part IX)
- $716,972
- Management and general expenses
- $13,927
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $716,972
Program services were 98.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$18,010
-
1f · All other contributions, gifts and grants
$206,954
-
1g · Noncash contributions included above
$159,241
-
3 · Investment income
total $28,641 · excluded $28,641
-
8a · Fundraising events: gross income
$12,557
-
8a · Fundraising events: contributions included on line 1c
$18,010
-
8b · Fundraising events: direct expenses
$12,557
-
10a · Gross sales of inventory
$636,965
-
10b · Cost of goods sold
$159,241
-
10c · Net income from sales of inventory
total $477,724 · excluded $477,724
-
11d · All other revenue
total $65 · related or exempt $65
-
11e · Other revenue, total
$65
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $495,360 · program services $495,360
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $1,550 · management and general $1,550
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $5,275 · management and general $5,275
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $1,202 · program services $1,202
-
13 · Office expenses
total $24,054 · program services $22,851 · management and general $1,203
-
14 · Information technology
total $10,198 · program services $6,119 · management and general $4,079
-
15 · Royalties
total $0
-
16 · Occupancy
total $144,077 · program services $144,077
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $5,309 · program services $4,247 · management and general $1,062
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $2,952 · program services $2,214 · management and general $738
-
24a · Other expenses: Sales tax
total $40,860 · program services $40,860
-
24e · All other expenses
total $62 · program services $42 · management and general $20
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $550 · end of year $550
-
2 · Savings and temporary cash investments
beginning of year $156,992 · end of year $163,768
-
11 · Investments: publicly traded securities
beginning of year $857,889 · end of year $903,704
-
27 · Net assets without donor restrictions
beginning of year $571,078 · end of year $602,993
-
28 · Net assets with donor restrictions
beginning of year $444,353 · end of year $465,029
Mission and programs · 2024
Mission
To provide resources to cover the emergency housing, utility, health-related and food insecurity needs of area residents
-
Since 1932, the Thrift Shop Association of Ann Arbor Ann Arbor Thrift Shop has directly filled the financial gaps that families face as they struggle to be safely housed or have health-related needs in our community. Clients who are assisted by the Ann Arbor Thrift Shop include the working poor, recently unemployed, and those struggling with substance abuse or homelessness. The Ann Arbor Thrift Shop provides grants to area nonprofit organizations who help the most vulnerable in the community. The source of funds used to meet these emergency needs comes from the sale of donated items, which are collected, curated, and resold in a carefully managed shop. The Ann Arbor Thrift Shop is recognized in the community as a high-quality venue to donate, recycle, and purchase reusable items. Clothing, outerwear, and household items are also directly provided to area residents.
Expenses $716,972 · Grants $495,360
As filed on the 2024 return.
Listed in Part VII
-
Colleen Spencer
President
- Total calculated
- $0
- Hours/week
- 15
-
Maureen Burns
President Elect
- Total calculated
- $0
- Hours/week
- 10
-
Margaret Conger
Treasurer
- Total calculated
- $0
- Hours/week
- 15
-
Laura Conlin
Recording Secretary
- Total calculated
- $0
- Hours/week
- 3
-
Mary Beth Eagle
Corresponding Secretary
- Total calculated
- $0
- Hours/week
- 3
-
Nancy Lynch
Director
- Total calculated
- $0
- Hours/week
- 5
-
Cindy Straub
Director
- Total calculated
- $0
- Hours/week
- 5
-
Betsy Blackmon
Director
- Total calculated
- $0
- Hours/week
- 3
-
Jill Johnson
Director
- Total calculated
- $0
- Hours/week
- 5
-
Sue Caplan
Director
- Total calculated
- $0
- Hours/week
- 15
-
Catherine Wagoner
Director
- Total calculated
- $0
- Hours/week
- 5
-
Sandall Bennett
Director
- Total calculated
- $0
- Hours/week
- 5
-
Carey Jernigan
Director
- Total calculated
- $0
- Hours/week
- 5
-
Christine Black
Director
- Total calculated
- $0
- Hours/week
- 5
-
Judy Waterston
Director
- Total calculated
- $0
- Hours/week
- 5
-
Janice Trouba
Tax Officer
- Total calculated
- $0
- Hours/week
- 2
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$60,000
Emergency Aid
-
$55,000
Emergency Aid
-
$53,000
Emergency Aid
-
$50,000
Emergency Aid
-
Emergency Aid
-
$26,000
Emergency Aid
-
$25,000
Emergency Aid
-
$25,000
Emergency Aid
-
$25,000
Emergency Aid
-
$22,000
Emergency Aid
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 11 December 2025
- IRS schema version
- 2024v5.2
- Source object
- 202503459349300325
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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