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California · Nonprofit

WASET INC

WASET INC (California) receives grants from 2 organizations whose IRS filings report $700,417 to it, the largest being SANTA FE APARTMENTS CORPORATION CO HDSI MANAGEMENT INC ($355,228). 2 of them have funded it in more than one year.

Revenue FY2025
$1.5M
Funders on record
2
Grants received
$700k
Net assets
$6.7M
2/2 repeat funderspeak grant-dependency 34%
01The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 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 = 20182018 Revenue 100 ($175k) Expenses 100 ($4k) Net assets 100 ($311k)2019 Revenue 36 ($63k) Expenses 710 ($30k) Net assets 138 ($427k)2020 Revenue 332 ($580k) Expenses 526 ($22k) Net assets 338 ($1.0M)2021 Revenue 389 ($680k) Expenses 3355 ($140k) Net assets 573 ($1.8M)2022 Revenue 595 ($1.0M) Expenses 997 ($41k) Net assets 1073 ($3.3M)2023 Revenue 583 ($1.0M) Expenses 502 ($21k) Net assets 1395 ($4.3M)2024 Revenue 522 ($913k) Expenses 428 ($18k) Net assets 1684 ($5.2M)2025 Revenue 870 ($1.5M) Expenses 816 ($34k) Net assets 2163 ($6.7M)
'18'19'20'21'22'23'24'25
Revenue (870)Expenses (816)Net assets (2163)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.

2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

0% of WASET INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (71% for the typical peer).

This organization
Typical peer · 638 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.

$171k
’18
$34k
’19
$558k
’20
$540k
’21
$999k
’22
$998k
’23
$895k
’24
$1.5M
’25
2330
months of
reserve
02Who funds it

Who funds it, year by year

2022 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $150k → $350k.

From the IRS filings of WASET INC’s funders (the co-funder graph). Association, not causation.

How concentrated its funding is

WASET INC leans on a few funders — its largest provides 51% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

51%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2022 100% · 2023 59% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration.

Where its funders are

100% of WASET INC's grant income comes from California funders.

CA

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

’22
’23
California out of state home

Funder states come from each funder’s own filing.

03Its place in the field

Against its field

WASET INC has grown faster than three-quarters of the 324 unclassified nonprofits its size.

Operating margin98% · outside the comparable range
Months of reserve2329.5mo · outside the comparable range
Revenue growth (annualized)36% · top quartile

this organization peer median middle 50% of peers· 324 unclassified nonprofits $1M–$10M, FY2025

Organizations like WASET INC

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

In California

Nationally

04Profile & governance

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

Where the money goes

0% of spending goes to programs.

Program 0%Management 100%Fundraising 0%

Governance

6
board members
0%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990–Audited financials

Public support

88%

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

Screen this organization

A dated, signed PDF of the compliance screen for WASET INC: 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. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds WASET INC?
WASET INC (California) receives grants from 2 organizations whose IRS filings report $700,417 to it, the largest being SANTA FE APARTMENTS CORPORATION CO HDSI MANAGEMENT INC ($355,228). 2 of them have funded it in more than one year.
How many funders does WASET INC have?
IRS filings report 2 organizations giving $700,417 in grants to WASET INC, 2 of which have funded it in more than one year.
Who is the largest funder of WASET INC?
SANTA FE APARTMENTS CORPORATION CO HDSI MANAGEMENT INC is the largest funder on record, with $355,228 in grants. The full list of funders is on this page.
How can an organization like WASET INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Waset →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2018–2025), and the filings of 2 funders 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. What this page cannot tell you · view filing