Nonprofit screen
Screen a listThe Wave Foundation
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- Registered
- Charity type
- 509(a)(1)
$776krevenue
FY2024 · −28% in 3 yrs5 of 5years filed
’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−10.0%
Months of reserve2.5mo
Revenue growth (annualized)−19.1%
Middle half of peersMedianWave
Where the money goes FY2024 · $853k spent
Programs$829k97%Management and general$24k3%990 FY2024 · Part IX line 25
Worth checking2
Its largest funder stopped after FY2020
Multiplier gave $472k in FY2020, 26% of revenue that year.
Funders’ 990-PF grant listsDeficits in 2 of the last 3 years
−$3k in FY2022 and −$77k in FY2024. Cash covers 2.5 months, under the peer median of 7.6.
990 Part I and balance sheetIn its favor1
A history of government grants
Government grants on 5 of its 5 returns, 80% of revenue in FY2024. $249k is traced federal awards from Department of Agriculture.
990 Part VIII · USAspending7funders
$10ka year, last 3 years
86%from its largest funder
Funder’20’21’22’23MultiplierOn and off$472kWend II IncOn and off$300kRefed IncOn and off$100kClimate SolutionsStopped after FY2022$15k$10k–The Roundhouse FoundationNew in FY2023$4k
FundedStopped