Waves Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,946,062 | 2,948,999 | −2,937 | 2.0 | 64% |
| 2012 | 2,835,434 | 2,804,692 | 30,742 | 2.3 | 62% |
| 2013 | 2,669,329 | 2,681,934 | −12,605 | 2.3 | 63% |
| 2014 | 2,750,505 | 2,821,244 | −70,739 | 1.9 | 62% |
| 2015 | 2,863,111 | 2,704,554 | 158,557 | 2.7 | 66% |
| 2016 | 2,677,904 | 2,740,670 | −62,766 | 2.4 | 65% |
| 2017 | 3,171,151 | 3,136,352 | 34,799 | 2.2 | 66% |
| 2018 | 3,317,379 | 3,304,810 | 12,569 | 2.8 | 67% |
| 2019 | 3,447,467 | 3,494,515 | −47,048 | 2.5 | 73% |
| 2020 | 3,015,318 | 3,056,655 | −41,337 | 2.7 | 72% |
| 2021 | 3,175,976 | 2,763,521 | 412,455 | 4.9 | 74% |
| 2022 | 3,544,655 | 3,291,495 | 253,160 | 5.0 | 65% |
| 2023 | 3,426,443 | 3,730,923 | −304,480 | 3.4 | 64% |
In its most recent public year (2023), this organization spent $304,480 more than it brought in. Its reserves stood at about 3.4 months of spending, up from 2 in 2011. Staff pay was 64% of spending. $97,268 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Waves Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works