Waves Ahead Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 301,525 | 301,385 | 140 | 0.0 | 0% |
| 2019 | 335,972 | 188,730 | 147,242 | 9.4 | 0% |
| 2020 | 445,199 | 479,975 | −34,776 | 2.8 | 0% |
| 2021 | 1,068,879 | 633,882 | 434,997 | 10.4 | 0% |
| 2022 | 965,843 | 1,145,194 | −179,351 | 3.9 | 0% |
| 2023 | 1,030,180 | 1,068,203 | −38,023 | 3.7 | 0% |
In its most recent public year (2023), this organization spent $38,023 more than it brought in. Its reserves stood at about 3.7 months of spending, up from 0 in 2018. Staff pay was 0% of spending. $5,819 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
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