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Funding

Florida · Nonprofit

Eight Waves Corporation

Eight Waves Corporation (Florida) receives grants from 18 organizations whose IRS filings report $235,018 to it, the largest being CHILDREN'S CHARITIES OF SHEBOYGAN COUNTY INC ($40,000). 7 of them have funded it in more than one year.

$863k
Revenue FY2025
18
Funders on record
$235k
Grants received
$325k
Net assets
7/18 repeat funderspeak grant-dependency 18%

Against its field

Eight Waves Corporation runs a healthier operating margin than half of the 15,926 education nonprofits its size.

Operating margin8% · above the median
Months of reserve4.8mo · below the median
Revenue growth (annualized)354% · outside the comparable range

this organization peer median middle 50% of peers· 15,926 education nonprofits $100k–$1M, FY2025

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20212021 Revenue 100 ($2k) Expenses 100 ($962) Net assets 100 ($1k)2022 Revenue 7225 ($147k) Expenses 6156 ($59k) Net assets 8350 ($89k)2023 Revenue 18243 ($371k) Expenses 37310 ($359k) Net assets 13401 ($143k)2024 Revenue 29941 ($608k) Expenses 53799 ($518k) Net assets 24197 ($259k)2025 Revenue 42480 ($863k) Expenses 82825 ($797k) Net assets 30404 ($325k)
20212022202320242025
Revenue (42480)Expenses (82825)Net assets (30404)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2024 8% · 2025 6%. Grants only. Government contracts and fees sit inside program revenue.

82% of Eight Waves Corporation’s revenue is contributions — more donation-reliant than the typical peer (58% for the typical peer).

This organization
Typical peer · 24,851 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 5 reported years ran a deficit.

$1k
21
$88k
22
$12k
23
$91k
24
$66k
25
4.8
months of
reserve
02Who funds it

Who funds it, year by year

2022 → 2023: the base broadened from 5 funders to 9 funders, grant income rose $26k → $43k.

8 of 18 of your funders are donor-advised or pass-through sponsors (tagged DAF)46% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Eight Waves Corporation’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Eight Waves Corporation has a broad base — no single funder exceeds 17% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

75% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Eight Waves Corporation.

17%
largest funder
45%
top three
~11
effective funders

Largest funder’s share by year: 2022 38% · 2023 24%diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

Eight Waves Corporation draws 51% of its grant income from funders outside Florida, across 4 states in all.

WI
DE
AZ
FL

In-state vs out-of-state, by year

22
23
Florida out of state home

Funder states come from each funder’s own filing. $109k arriving through sponsors registered in 8 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 18 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like Eight Waves Corporation

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Florida

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

75% of spending goes to programs.

Program 75%Management 16%Fundraising 9%

Governance

18
board members
100%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

FL

Screen this organization

A dated, signed PDF of the compliance screen for Eight Waves Corporation: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Eight Waves Corporation?
Eight Waves Corporation (Florida) receives grants from 18 organizations whose IRS filings report $235,018 to it, the largest being CHILDREN'S CHARITIES OF SHEBOYGAN COUNTY INC ($40,000). 7 of them have funded it in more than one year.
How many funders does Eight Waves Corporation have?
IRS filings report 18 organizations giving $235,018 in grants to Eight Waves Corporation, 7 of which have funded it in more than one year.
Who is the largest funder of Eight Waves Corporation?
CHILDREN'S CHARITIES OF SHEBOYGAN COUNTY INC is the largest funder on record, with $40,000 in grants. The full list of funders is on this page.
How can an organization like Eight Waves Corporation find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2021–2025), and the filings of 18funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported August 27, 2026. What this page cannot tell you · view filing