Next Wave Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 92,631 | 36,598 | 56,033 | 18.4 | — |
| 2019 | 91,848 | 53,997 | 37,851 | 20.9 | — |
| 2020 | 91,950 | 59,270 | 32,680 | 25.6 | — |
| 2021 | 81,208 | 12,371 | 68,837 | 189.5 | — |
| 2022 | 18,701 | 24,527 | −5,826 | 92.8 | — |
| 2023 | 2,040 | 25,658 | −23,618 | 77.6 | — |
In its most recent public year (2023), this organization spent $23,618 more than it brought in. Its reserves stood at about 77.6 months of spending, up from 18.4 in 2018.
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
Next Wave Foundation'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