Nonprofit screen
Screen a listWaves Inc
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
- No record
- Charity type
- 509(a)(1)
$4.2Mrevenue
FY2025 · +19% in 3 yrs92staff
8 of 8years filed
’18’19’20’21’22’23’24’25
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2025
Operating margin1.8%
Months of reserve0.7mo
Revenue growth (annualized)+3.5%
Middle half of peersMedianWaves
Where the money goes FY2025 · $4.1M spent
Programs$3.2M76%Management and general$916k22%Fundraising$58k1%990 FY2025 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$126k in FY2023 and −$462k in FY2024. Cash covers 0.7 months, under the peer median of 3.2.
990 Part I and balance sheetIn its favor2
Strong governance
16 of 16 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements.
990 Part VIA history of government grants
Government grants on 8 of its 8 returns, 46% of revenue in FY2025.
990 Part VIII11funders
$116ka year, last 3 years
92%from its largest funder
Funder’17’18’19’20’21’22’23United Way of Middle Tennessee IncSince FY2019$9k$121k$118k$97k$106kUnited Way of Williamson CountyStopped after FY2019$86k$87k$81k–United Way of South Central TennesseeOn and off$12kTennessee Disability CoalitionStopped after FY2018$5k$5k–The Grace Curtis & Priscilla O'Hara Foundation IncStopped after FY2020$1k$1k–Newell & Bettie Graham FoundationOn and off$500Donor-advised giftsDonors not disclosed$7k$11k$9k$5k$2433 other fundersUp to $500 a year each$75$539
FundedThrough a donor-advised fundStopped