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California · Nonprofit

WAVE ENTERPRISES INC

WAVE ENTERPRISES INC (California) receives grants from 1 organization whose IRS filings report $0 to it, the largest being Wave Property Inc ($0). 0 of them have funded it in more than one year.

$-2494111
Revenue FY2025
1
Funders on record
$0
Grants received
$12M
Net assets
0/1 repeat funderspeak grant-dependency 0%

Against its field

WAVE ENTERPRISES INC's revenue fell 870% between 2017 and 2025.

Operating margin116% · outside the comparable range
Months of reserve11.2mo · below the median
Revenue growth (annualized)−29% · bottom quartile

this organization peer median middle 50% of peers· 16,609 education nonprofits under $100k, 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 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 = 20172017 Revenue 100 ($324k) Expenses 100 ($261k) Net assets 100 ($10M)2018 Revenue 289 ($937k) Expenses 20 ($53k) Net assets 110 ($11M)2019 Revenue 15 ($47k) Expenses 668 ($1.7M) Net assets 101 ($10M)2020 Revenue 1915 ($6.2M) Expenses 2460 ($6.4M) Net assets 95 ($9.6M)2021 Revenue 4643 ($15M) Expenses 2368 ($6.2M) Net assets 331 ($33M)2022 Revenue -142 ($-459422) Expenses 99 ($259k) Net assets 113 ($11M)2023 Revenue -34 ($-109014) Expenses 368 ($960k) Net assets 112 ($11M)2024 Revenue 9 ($31k) Expenses 157 ($411k) Net assets 115 ($12M)2025 Revenue -770 ($-2494111) Expenses 150 ($390k) Net assets 116 ($12M)
'17'18'19'20'21'22'23'24'25
Revenue (-770)Expenses (150)Net assets (116)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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

0% of WAVE ENTERPRISES INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (65% for the typical peer).

This organization
Typical peer · 26,667 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 9 reported years ran a deficit.

$63k
17
$884k
18
$1.7M
19
$220k
20
$8.9M
21
$719k
22
$1.1M
23
$380k
24
$2.9M
25
11
months of
reserve
02Who funds it
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.

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 WAVE ENTERPRISES INC

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 California

Nationally

04Profile & governance

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

Where the money goes

2% of spending goes to programs.

Program 2%Management 98%Fundraising 0%

Governance

3
board members
33%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Footprint & structure

Files a return copy in 1 state

CA

Part of a family of 18 related entities

  • Pepperdine University · exempt
  • Wave Services Inc · exempt
  • Pepperdine University (Usa) in London · exempt
  • Pepperdine University Rwanda Cbc · exempt
  • Pepperdine Ghana Lgb · exempt

Screen this organization

A dated, signed PDF of the compliance screen for WAVE ENTERPRISES 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. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds WAVE ENTERPRISES INC?
WAVE ENTERPRISES INC (California) receives grants from 1 organization whose IRS filings report $0 to it, the largest being Wave Property Inc ($0). 0 of them have funded it in more than one year.
How many funders does WAVE ENTERPRISES INC have?
IRS filings report 1 organization giving $0 in grants to WAVE ENTERPRISES INC.
Who is the largest funder of WAVE ENTERPRISES INC?
Wave Property Inc is the largest funder on record, with $0 in grants. The full list of funders is on this page.
How can an organization like WAVE ENTERPRISES 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.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 1funders 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