NICE TWICE RESALE SHOPPE INC

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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

2003

Legal Domicile

Principal Officer

BECKI BYKERK

Phone

6165380460

Tax Period

2024-04-01 to 2025-03-31

NICE TWICE RESALE SHOPPE INC, founded in 2003, is a small nonprofit in the Community Improvement sector that reported $535K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $464K left a modest 13% surplus.

Mission

TO SOLICIT DONATED GOODS, RESELL THEM TO THE GENERAL PUBLIC AND PAY THE NET CASH RESERVES TO THE SOLE SHAREHOLDER, GRANDVILLE CALVIN CHRISTIAN SCHOOLS.

Program Service Accomplishments

Program 1

Expenses: $450,211

MONIES USED TO GRANT FINANCIAL ASSISTANCE TO FAMILIES WHOSE CHILDREN WISH TO ATTEND AND WHO SUBSEQUENTLY DO ATTEND A GRANDVILLE CALVIN CHRISTIAN SCHOOLS AND WHO DEMONSTRATE A FINANCIAL NEED FOR...

MONIES USED TO GRANT FINANCIAL ASSISTANCE TO FAMILIES WHOSE CHILDREN WISH TO ATTEND AND WHO SUBSEQUENTLY DO ATTEND A GRANDVILLE CALVIN CHRISTIAN SCHOOLS AND WHO DEMONSTRATE A FINANCIAL NEED FOR ASSISTANCE.

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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 $567,635

Program Service Revenue $0

Investment Income $13,962

Other Revenue $-46,511

TOTAL REVENUE $535,086

Expense Breakdown

Grants Paid $300,000

Salaries & Benefits $78,331

Fundraising Expenses $0

Program Expenses $450,211

Other Expenses $85,681

TOTAL EXPENSES $464,012

Year-over-Year Comparison

	2024	2023	Change
Revenue	$535,086	$489,936	+0.1%
Expenses	$464,012	$428,045	+0.1%
Net Income	$71,074	$61,891	+0.1%

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

Volunteers

200

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JILL FRANCISCO	TRUSTEE/DIRE	N/A	Director	$0	$0	$0
GREG TURNER	TRUSTEE/DIRE	N/A	Director	$0	$0	$0
AMY BERTOTTI	SECRETARY	N/A	Officer	$0	$0	$0
BECKI BYKERK	TREASURER	N/A	Officer	$0	$0	$0
MEEGAN VANWOERKOM	PRESIDENT	N/A	Officer	$0	$0	$0
SHARI VERSLUIS	VICE PRESIDE	N/A	Officer	$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	$535,086	$464,012	$1,185,248	$71,074
2024	$489,936	$428,045	$1,142,942	$61,891
2023	$443,942	$441,776	$1,104,636	$2,166
2022	$428,053	$365,167	$1,101,369	$62,886
2021	$343,016	$352,387	$1,074,026	$-9,371
2020	$403,838	$385,449	$1,090,737	$18,389
2019	$379,751	$384,340	$1,078,175	$-4,589