Overview
What is Twice Is Nice Inc?
Twice Is Nice Inc, situated in Charlottesville, Virginia, is a nonprofit organization with a strong commitment to assisting senior citizens in need. They achieve this by operating retail stores where they sell donated items, such as clothing, furniture, and household items. The profits generated from these sales are dedicated to supporting elderly individuals, embodying their core values of social impact and inclusivity. The organization also practices sustainability by promoting recycling and reducing waste, aligning with their goal to be environmentally friendly. Their mission is to generate revenue for the welfare of seniors while promoting sustainability through the resale of donated items. With a team of around 20 employees, Twice Is Nice Inc provides an enjoyable and meaningful shopping experience for their stakeholders, including staff, volunteers, donors, and shoppers.
Official website here: www.twiceisnicestore.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Twice Is Nice Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance with a score of 81%. The organization demonstrates strong governance, with 100% of its board members being independent, ensuring a level of oversight and transparency that is essential for donor confidence.
The organization showcases commendable financial health, with a program expense ratio of 96.12%, which signifies that a high percentage of its spending is directed toward its programs rather than administrative costs. Additionally, the charity maintains no material diversion of assets, reflecting sound financial practices and integrity in operations.
While the rating is strong, the overall score suggests there may still be areas for improvement. However, the established policies and independent oversight contribute positively to its accountability and governance landscape, reinforcing its commitment to ethical management of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Twice Is Nice Inc legitimate?
Twice Is Nice Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Twice Is Nice Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $218,661
For more financial information, click here
Official website here: www.twiceisnicestore.org
What is the mission statement of Twice Is Nice Inc?
Twice Is Nice Inc's mission is centered around assisting senior citizens in need while promoting sustainability. They achieve this by reselling donated items such as clothing, furniture, and household items. The primary goal of the organization is to raise revenue through these sales, which in turn benefits senior citizens. Twice Is Nice Inc values sustainability by recycling and reducing waste, and they strive to be socially impactful and inclusive. They also sell high-quality, upscale items at competitive yet affordable prices. The organization places a strong emphasis on teamwork and ensures a safe, enjoyable, and meaningful environment for all its stakeholders, including staff, volunteers, donors, and shoppers.
Official website here: www.twiceisnicestore.org
Who is the CEO of Twice Is Nice Inc?
Katherine K Parker is the President of Twice Is Nice Inc.
Official website here: www.twiceisnicestore.org
What is the revenue of Twice Is Nice Inc?
Twice Is Nice Inc's revenue in 2022 was $1,108,920.
Official website here: www.twiceisnicestore.org
Who are the executives of Twice Is Nice Inc and what are their salaries?
The average compensation at Twice Is Nice Inc during 2022 was $10,933. There are 20 employees and 112 volunteers at Twice Is Nice Inc.
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Official website here: www.twiceisnicestore.org
Where can I find the form 990 for Twice Is Nice Inc?
Twice Is Nice Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.twiceisnicestore.org
Learn more at the official website: www.twiceisnicestore.org
Mission Statement of Twice Is Nice Inc
Twice Is Nice Inc, a nonprofit organization, is devoted to two primary objectives. Firstly, it aims to assist seniors in need by raising funds through the resale of donated items. These donated items include clothing, furniture, and household items. The revenue generated from these sales is then channeled towards benefiting senior citizens in need.
Secondly, Twice Is Nice Inc promotes sustainability as a key aspect of its mission. By reselling donated items, the organization reduces waste and promotes recycling. This not only benefits the environment but also contributes to the organization's social impact. The organization is committed to selling high-quality, upscale items at competitive and affordable prices. This not only attracts customers but also ensures that the items being sold maintain their value.
Moreover, Twice Is Nice Inc values teamwork and ensures that its stakeholders, including staff, volunteers, donors, and shoppers, enjoy a safe and meaningful environment. The organization is inclusive and socially impactful, making it a valuable asset in the community. Its mission of raising revenue for seniors in need while promoting sustainability through the resale of donated items is a testament to its commitment to both social responsibility and environmental stewardship.
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Impact
July, 2024
Twice Is Nice Inc's impact lies in its dedicated efforts to benefit seniors in need by promoting sustainability through the resale of donated items. Through its retail stores, the organization raises revenue that directly supports seniors while also contributing to environmental sustainability by recycling and reducing waste. By fostering teamwork, maintaining high-quality products at affordable prices, and creating a safe and enjoyable environment for stakeholders, Twice Is Nice Inc demonstrates a commitment to social impact and inclusivity in its community of Charlottesville, VA.
This information is meant to be a general summary of Twice Is Nice Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $4,054
- Program Service Revenue: $1,097,284
- Gross Receipts: $1,228,886
Assets and Liabilities:
- Total Assets: $1,506,862
- Total Liabilities: $9,555
- Net Assets: $1,497,307
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALE OF GOODS
Revenue
$1,097,284
Organization Details
Founding Year
1991
Phone
(434) 293-8319Principal Officer
Katherine K Parker
Main Address
923 PRESTON AVENUE B, CHARLOTTESVILLE, VA, 229034446
Website
www.twiceisnicestore.orgNTEE Category
Code: P75Z - Human services
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