Nice Twice Resale Shoppe Inc
Nice Twice Resale Shoppe Inc consistently generates surpluses with no reported officer compensation.
EIN: 200284328 · Grandville, MI · NTEE: S80 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $428K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.1M |
| Transparency Score | 92/100 |
Is Nice Twice Resale Shoppe Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nice Twice Resale Shoppe Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nice Twice Resale Shoppe Inc
Nice Twice Resale Shoppe Inc (EIN: 200284328) is a nonprofit organization based in Grandville, MI, classified under NTEE code S80. The organization reported total revenue of $1.1M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nice Twice Resale Shoppe Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nice Twice Resale Shoppe Inc is a mid-size nonprofit that has been operating for 8 years, with 12 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $490K |
| Total Expenses | $428K |
| Surplus / Deficit | +$62K |
| Total Assets | $1.1M |
| Total Liabilities | $8K |
| Net Assets | $1.1M |
| Operating Margin | 12.6% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 32.0 months |
Financial Health Grade: A
In 2024, Nice Twice Resale Shoppe Inc reported a surplus of $62K with revenue exceeding expenses, holds 32.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2024), Nice Twice Resale Shoppe Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +10.4% | -3.1% | +3.5% |
| 2023 | +3.7% | +21.0% | +0.3% |
| 2022 | +24.8% | +3.6% | +2.5% |
| 2021 | -15.1% | -8.6% | -1.5% |
| 2020 | +6.3% | +0.3% | +1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Nice Twice Resale Shoppe Inc with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Nice Twice Resale Shoppe Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $62K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based, which is highly commendable for an organization with over $1 million in assets and nearly $500,000 in annual revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Nice Twice Resale Shoppe Inc:
- Consistent financial surpluses (e.g., $61,891 surplus in 2024)
- Zero reported officer compensation across all filings
- Strong and growing asset base (over $1.1 million in 2024)
- Low liabilities relative to assets (e.g., $7,970 liabilities vs. $1,142,942 assets in 2024)
- Positive revenue growth trend in recent years
Frequently Asked Questions about Nice Twice Resale Shoppe Inc
Is Nice Twice Resale Shoppe Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Nice Twice Resale Shoppe Inc (EIN: 200284328) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Nice Twice Resale Shoppe Inc spend its money?
Nice Twice Resale Shoppe Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Nice Twice Resale Shoppe Inc tax-deductible?
Nice Twice Resale Shoppe Inc is registered as a tax-exempt nonprofit (EIN: 200284328). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Nice Twice Resale Shoppe Inc CEO make?
Nice Twice Resale Shoppe Inc's highest-compensated officer earns $1 annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Nice Twice Resale Shoppe Inc's spending goes to programs?
Nice Twice Resale Shoppe Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Nice Twice Resale Shoppe Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Nice Twice Resale Shoppe Inc is above average for NTEE category S80 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Nice Twice Resale Shoppe Inc located?
Nice Twice Resale Shoppe Inc is headquartered in Grandville, Michigan and files with the IRS under EIN 200284328. It is classified under NTEE code S80.
How many years of IRS 990 filings does Nice Twice Resale Shoppe Inc have?
Nice Twice Resale Shoppe Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.1M in total revenue.
Is Nice Twice Resale Shoppe Inc a good charity?
Based on the provided financial data, Nice Twice Resale Shoppe Inc appears to be a very good charity. It consistently generates surpluses, maintains strong assets, and notably reports 0% officer compensation, indicating efficient use of funds and strong volunteer leadership.
How does Nice Twice Resale Shoppe Inc manage its finances?
The organization manages its finances prudently, consistently generating more revenue than expenses in most recent periods (e.g., $489,936 revenue vs. $428,045 expenses in 2024) and maintaining over $1 million in assets with relatively low liabilities.
What is the trend in Nice Twice Resale Shoppe Inc's revenue?
Nice Twice Resale Shoppe Inc has shown a positive revenue trend in recent years, increasing from $343,016 in 2021 to $489,936 in 2024, indicating growth and strong community support.
Filing History
IRS 990 filing history for Nice Twice Resale Shoppe Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2024), Nice Twice Resale Shoppe Inc's revenue has grown by 34.4%, moving from $364K to $490K. Total assets increased by 19.6% over the same period, from $956K to $1.1M. Total functional expenses rose by 45.1%, from $295K to $428K. In its most recent filing year (2024), Nice Twice Resale Shoppe Inc reported a surplus of $62K, with revenue exceeding expenses. The organization holds $8K in liabilities against $1.1M in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $490K | $428K | $1.1M | $8K | — | — |
| 2023 | $444K | $442K | $1.1M | $7K | — | — |
| 2022 | $428K | $365K | $1.1M | $6K | — | View 990 |
| 2021 | $343K | $352K | $1.1M | $21K | — | View 990 |
| 2020 | $404K | $385K | $1.1M | $5K | — | View 990 |
| 2019 | $380K | $384K | $1.1M | $11K | — | View 990 |
| 2018 | $423K | $348K | $1.1M | $8K | — | View 990 |
| 2017 | $453K | $306K | $1.1M | $139K | — | — |
| 2016 | $398K | $296K | $1.1M | $231K | — | — |
| 2015 | $390K | $284K | $1.0M | $286K | — | — |
| 2013 | $328K | $285K | $953K | $389K | — | View 990 |
| 2012 | $364K | $295K | $956K | $435K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $490K, expenses of $428K, and assets of $1.1M (revenue +10.4% year-over-year).
- 2023: Revenue of $444K, expenses of $442K, and assets of $1.1M (revenue +3.7% year-over-year).
- 2022: Revenue of $428K, expenses of $365K, and assets of $1.1M (revenue +24.8% year-over-year).
- 2021: Revenue of $343K, expenses of $352K, and assets of $1.1M (revenue -15.1% year-over-year).
- 2020: Revenue of $404K, expenses of $385K, and assets of $1.1M (revenue +6.3% year-over-year).
- 2019: Revenue of $380K, expenses of $384K, and assets of $1.1M (revenue -10.2% year-over-year).
- 2018: Revenue of $423K, expenses of $348K, and assets of $1.1M (revenue -6.6% year-over-year).
- 2017: Revenue of $453K, expenses of $306K, and assets of $1.1M (revenue +13.8% year-over-year).
- 2016: Revenue of $398K, expenses of $296K, and assets of $1.1M (revenue +2.1% year-over-year).
- 2015: Revenue of $390K, expenses of $284K, and assets of $1.0M (revenue +18.9% year-over-year).
- 2013: Revenue of $328K, expenses of $285K, and assets of $953K (revenue -10.0% year-over-year).
- 2012: Revenue of $364K, expenses of $295K, and assets of $956K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nice Twice Resale Shoppe Inc:
Data Sources and Methodology
This transparency report for Nice Twice Resale Shoppe Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.