Virginia · Nonprofit
WASHINGTON AREA VILLAGES EXCHANGE
WASHINGTON AREA VILLAGES EXCHANGE (Virginia) receives grants from 1 organization whose IRS filings report $10,000 to it, the largest being Better Future Foundation ($10,000). 0 of them have funded it in more than one year.
- Revenue FY2025
- $495k
- Funders on record
- 1
- Grants received
- $10k
- Net assets
- $445k
What Washington Area Villages Exchange does
Mission
The Washington Area Villages Exchange (WAVE) brings together nonprofit villages in the wider Washington DC region to learn and grow by sharing experiences and ideas.
As stated on its FY2025 Form 990.
Programs
On its FY2025 return the organization reported a significant change in how it conducts a program.
The organization agreed to serve as the fiscal sponsor for the Virginia Villages Collective, a collaboration of senior villages in Virginia, for the Aging Well with Virginia Villages program. This effort is funded in the amount of $400,000 by the Virginia Department of Aging and Rehabilitative Services through the local governmental unit of Fairfax County. The purpose of this program is to promote the sustainability of existing villages and start new villages in Virginia.
Its own explanation, from Schedule O of that return (Part III, line 3).
The Washington Area Villages Exchange (WAVE) is a regional organization that supports over 80 nonprofit Villages in Maryland, Virginia, West Virginia, and the District of Columbia. While all Villages embody a mission of helping older adults age in place, an increasing number are multigenerational with a focus on creating supportive community networks. WAVE is dedicated to providing a platform for Villages to learn from one another, share resources and exchange ideas so that they may better serve the needs of older adults in our region. WAVE's board members are active Village leaders who have extensive experience in aging, health, and organizational management and the organization works in partnership with the national Village to Village Network. WAVE provides diverse educational programming and networking opportunities that strengthen and promote developing and established Villages and sponsors awards recognizing excellence and innovation in Village programming and services. Additionally, WAVE's website hosts a wide range of resources and research relevant to Villages, an archive of past programs, and a shared events calendar accessible to all members. WAVE has been awarded grants…
$67,497 spent$93,310 earned by the program78% of program spendingWAVE was selected to be the fiscal sponsor for the Aging Well with Virginia Villages program, funded by the Virginia Department of Aging and Rehabilitative Services through the local governmental unit of Fairfax County in the amount of $400,000. The purpose of this program is to promote the sustainability of existing villages and start new villages in Virginia.
$18,891 spent$400,000 earned by the program22% of program spendingOther program services, not described on the e-filed return.
$0 spent0% of program spending
The 3 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $86,388.
The organization over time
Each line starts at 100 in 2024, so what you read is the shape rather than the size: 150 means half as much again as 2024, 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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $50k to $459k (+824%).
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.
Government-grant reliance: 2025 91%. Grants only. Government contracts and fees sit inside program revenue.
96% of WASHINGTON AREA VILLAGES EXCHANGE’s revenue is contributions — more donation-reliant than the typical peer (91% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 2 reported years ran a deficit.
reserve
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
From the IRS filings of WASHINGTON AREA VILLAGES EXCHANGE’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.
Where its funders are
WASHINGTON AREA VILLAGES EXCHANGE draws 100% of its grant income from funders outside Virginia, across 1 state in all.
Funder states come from each funder’s own filing. 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.
Against its field
WASHINGTON AREA VILLAGES EXCHANGE runs a healthier operating margin than three-quarters of the 13,062 human services nonprofits its size.
this organization peer median middle 50% of peers· 13,062 human services nonprofits $100k–$1M, FY2025
Organizations like WASHINGTON AREA VILLAGES EXCHANGE
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 Virginia
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
89% of spending goes to programs.
Governance
Public support
99%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for WASHINGTON AREA VILLAGES EXCHANGE: 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.
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 WASHINGTON AREA VILLAGES EXCHANGE?
- WASHINGTON AREA VILLAGES EXCHANGE (Virginia) receives grants from 1 organization whose IRS filings report $10,000 to it, the largest being Better Future Foundation ($10,000). 0 of them have funded it in more than one year.
- How many funders does WASHINGTON AREA VILLAGES EXCHANGE have?
- IRS filings report 1 organization giving $10,000 in grants to WASHINGTON AREA VILLAGES EXCHANGE.
- Who is the largest funder of WASHINGTON AREA VILLAGES EXCHANGE?
- Better Future Foundation is the largest funder on record, with $10,000 in grants. The full list of funders is on this page.
- How can an organization like WASHINGTON AREA VILLAGES EXCHANGE find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Virginia. 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 2024–2025), and the filings of 1 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. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing