TWICE IS NICE 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

1991

Legal Domicile

Principal Officer

KATHERINE K PARKER

Phone

4342938319

Tax Period

2024-01-01 to 2024-12-31

TWICE IS NICE INC, founded in 1991, is a community nonprofit in the Human Services sector that reported $1.6M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $674K, a strong 43% operating margin.

Mission

TO RAISE REVENUE TO BENEFIT SENIORS IN NEED, WHILE PROMOTING SUSTAINABILITY THROUGH THE RESALE OF DONATED CLOTHING, FURNITURE, AND HOUSEHOLD ITEMS.

Program Service Accomplishments

Program 1

Expenses: $841,970 Revenue: $1,462,291

TWICE IS NICE OPERATES RETAIL STORES AND USES THE PROCEEDS FROM THE SALE OF DONATED ITEMS TO BENEFIT SENIORS. THE ORGANIZATION'S VALUES ARE: - HELP SENIORS IN NEED - PRACTICE SUSTAINABILITY THROUGH RECYCLING AND REDUCING WASTE - BE SOCIALLY IMPACTFUL AND INCLUSIVE - SELL HIGH QUALITY (UPSCALE) ITEMS - PROVIDE COMPETITIVE, YET AFFORDABLE PRICES - TEAMWORK - ENSURE AN ENJOYABLE, MEANINGFUL, AND SAFE ENVIRONMENT FOR OUR STAKEHOLDERS: STAFF, VOLUNTEERS, DONORS, AND SHOPPERS

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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 $5,703

Program Service Revenue $1,462,291

Investment Income $108,665

Other Revenue $0

TOTAL REVENUE $1,576,659

Expense Breakdown

Grants Paid $235,850

Salaries & Benefits $296,459

Fundraising Expenses $0

Program Expenses $841,970

Other Expenses $370,014

TOTAL EXPENSES $902,323

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,576,659	$1,344,754	+0.2%
Expenses	$902,323	$828,867	+0.1%
Net Income	$674,336	$515,887	+0.3%

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

186

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
GORDON WALKER	PRESIDENT	5.00	Officer Director	$0	$0	$0
LINDA LANGMAN	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
KATHERINE PARKER	TREASURER	5.00	Officer Director	$0	$0	$0
NANCY BLACK	SECRETARY	1.00	Officer Director	$0	$0	$0
BOB KRONER	DIRECTOR	2.00	Director	$0	$0	$0
DAVID FERRELL	DIRECTOR	1.00	Director	$0	$0	$0
PAM JIRANEK	DIRECTOR	1.00	Director	$0	$0	$0
MIKE BURNS	DIRECTOR	0.50	Director	$0	$0	$0
VICKI HAWES	DIRECTOR	1.50	Director	$0	$0	$0
MARY JANE DIVINE	DIRECTOR	0.50	Director	$0	$0	$0
RICHARD ALBLAS	DIRECTOR	0.25	Director	$0	$0	$0
SUSAN CUMMINGS-STIMART	DIRECTOR	0.50	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
2024	$1,576,659	$902,323	$2,967,346	$674,336
2023	$1,344,754	$828,867	$2,092,770	$515,887
2022	$1,108,920	$747,236	$1,506,862	$361,684
2021	$938,908	$615,300	$1,228,646	$323,608
2020	$553,753	$603,043	$800,958	$-49,290
2019	$745,919	$603,729	$851,494	$142,190
2018	$556,335	$512,698	$635,100	$43,637