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Waves Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Human Services — Multipurpose and Other / Developmentally Disabled Centers, Services (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$3.37M (2023)

Expenses
$3.5M (2023)

Total Assets
$1.6M (2023)

Total Liabilities
$348k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,372,371
Expenses
$3,498,387
Net Income
-$126,016
Net Assets
$1,250,945
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,378,901
40.9%
Program Services $1,964,932
58.3%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $28,538
0.8%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $108,256
3.1%
Professional Fundraising Fees $0
Other Salaries and Wages $2,250,463
64.3%
Assets/Debt
Total Assets $1,598,784
Total Liabilities $347,839
Net Assets $1,250,945
Compensation
Key Employees and Officers Compensation Related Other
Lance Lance Jordan (Executive Director) $96,084 $0 $12,172
Rebekah Zeitlan (President) $0 $0 $0
Danielle Williams (Treasurer) $0 $0 $0
Tom Stearns (Honorary Board Chair) $0 $0 $0
Hailey Blank (Director) $0 $0 $0
Denice Demers (Director) $0 $0 $0
John Lynch (Director) $0 $0 $0
Embry Nichols (Director) $0 $0 $0
Roberto Ramirez (Director) $0 $0 $0
Debbie Millhouse Sokol (Director) $0 $0 $0
Marcie Stephens (Director) $0 $0 $0
Trish Stiles (Director) $0 $0 $0
Ellen Lundy (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,544,655
Expenses
$3,291,495
Net Income
$253,160
Net Assets
$1,376,961
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,605,530
45.3%
Program Services $1,412,291
39.8%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $22,565
0.6%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $504,269
14.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $108,255
3.3%
Professional Fundraising Fees $0
Other Salaries and Wages $2,029,927
61.7%
Assets/Debt
Total Assets $1,492,273
Total Liabilities $115,312
Net Assets $1,376,961
Compensation
Key Employees and Officers Compensation Related Other
Lance Jordan (Executive Di) $102,053 $0 $6,203
Hailey Blank (Director) $0 $0 $0
Denice Demers (Director) $0 $0 $0
Jim Gilchriest (President) $0 $0 $0
Ellen Lundy (Director) $0 $0 $0
John Lynch (Director) $0 $0 $0
Embry Nichols (Director) $0 $0 $0
Roberto Ramirez (Director) $0 $0 $0
Debbie Millhouse Sokol (Director) $0 $0 $0
Tom Stearns (Honorary Boa) $0 $0 $0
Marcie Stephens (Director) $0 $0 $0
Trish Stiles (Director) $0 $0 $0
Danielle Williams (Treasurer) $0 $0 $0
Rebekah Zeitlan (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,175,976
Expenses
$2,763,521
Net Income
$412,455
Net Assets
$1,123,801
Notable Sources of Revenue Percent of Total Revenue
Contributions $751,693
23.7%
Program Services $1,871,920
58.9%
Investment Income $16
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $24,130
0.8%
Sales of Assets -$26,391
Net Inventory Sales $0
Other Revenue $554,608
17.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $112,227
4.1%
Professional Fundraising Fees $0
Other Salaries and Wages $1,943,289
70.3%
Assets/Debt
Total Assets $1,321,994
Total Liabilities $198,193
Net Assets $1,123,801
Compensation
Key Employees and Officers Compensation Related Other
Lance Jordan (Executive Di) $73,882 $0 $6,974
Karen Fite (Business Man) $30,147 $0 $1,225
Hailey Blank (Director) $0 $0 $0
Denice Demers (Director) $0 $0 $0
Jim Gilchriest (Vice Preside) $0 $0 $0
Jared King (Secretary) $0 $0 $0
Zachary Mcmillan (Director) $0 $0 $0
Embry Nichols (Director) $0 $0 $0
Roberto Ramirez (Director) $0 $0 $0
Debbie Millhouse Sokol (Director) $0 $0 $0
Tom Stearns (Board Chair) $0 $0 $0
Trish Stiles (Director) $0 $0 $0
Danielle Williams (Director) $0 $0 $0
Rebekah Zeitlan (Director) $0 $0 $0
George Zubulake (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,015,318
Expenses
$3,056,655
Net Income
-$41,337
Net Assets
$691,346
Notable Sources of Revenue Percent of Total Revenue
Contributions $534,574
17.7%
Program Services $2,427,252
80.5%
Investment Income $35
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $36,467
1.2%
Sales of Assets $450
0.0%
Net Inventory Sales $0
Other Revenue $16,540
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $77,885
2.5%
Professional Fundraising Fees $0
Other Salaries and Wages $2,115,752
69.2%
Assets/Debt
Total Assets $1,453,273
Total Liabilities $761,927
Net Assets $691,346
Compensation
Key Employees and Officers Compensation Related Other
Robert Blair (Director) $0 $0 $0
Denice Demers (Director) $0 $0 $0
Jim Gilchriest (Director) $0 $0 $0
Dan Horecka (Immediate Pa) $0 $0 $0
Jared King (Treasurer) $0 $0 $0
Zachary Mcmillan (Director) $0 $0 $0
Don Merlo (Director) $0 $0 $0
Katie Moss (Director) $0 $0 $0
Ashley Perkins (Director) $0 $0 $0
Josh Pittman (Director) $0 $0 $0
Meagan Pratt (Director) $0 $0 $0
Brad Smith (Director) $0 $0 $0
Tom Stearns (Hon. Board C) $0 $0 $0
Mike Terrell (President) $0 $0 $0
Christy Webb (Director) $0 $0 $0
Danielle Williams (Director) $0 $0 $0
Rebekah Zeitlan (Director) $0 $0 $0
George Zubulake (Vice Preside) $0 $0 $0
Lance Jordan (Executive Di) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,447,467
Expenses
$3,494,515
Net Income
-$47,048
Net Assets
$732,683
Notable Sources of Revenue Percent of Total Revenue
Contributions $589,160
17.1%
Program Services $2,811,373
81.5%
Investment Income $82
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $40,243
1.2%
Sales of Assets -$3,200
Net Inventory Sales $0
Other Revenue $9,809
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $134,984
3.9%
Professional Fundraising Fees $0
Other Salaries and Wages $2,404,451
68.8%
Assets/Debt
Total Assets $989,945
Total Liabilities $257,262
Net Assets $732,683
Compensation
Key Employees and Officers Compensation Related Other
Ashley Perkins (Imm. Past Pr) $0 $0 $0
Dan Horecka (President) $0 $0 $0
Brad Smith (Treasurer) $0 $0 $0
Tom Stearns (Hon. Board C) $0 $0 $0
Robert Blair (Director) $0 $0 $0
Shauna Billingsley (Director) $0 $0 $0
Frank Duvall (Director) $0 $0 $0
Jared King (Director) $0 $0 $0
Josh Pittman (Director) $0 $0 $0
Meagan Pratt (Director) $0 $0 $0
Tom Taylor (Director) $0 $0 $0
Christy Webb (Director) $0 $0 $0
Mike Terrell (Vice Preside) $0 $0 $0
George Zubulake (Secretary) $0 $0 $0
Denice Demers (Director) $0 $0 $0
Jim Gilchriest (Director) $0 $0 $0
Don Merlo (Director) $0 $0 $0
Danielle Williams (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,317,379
Expenses
$3,304,810
Net Income
$12,569
Net Assets
$779,731
Notable Sources of Revenue Percent of Total Revenue
Contributions $542,076
16.3%
Program Services $2,705,584
81.6%
Investment Income $159
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $50,383
1.5%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $19,177
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $62,997
1.9%
Professional Fundraising Fees $0
Other Salaries and Wages $2,165,104
65.5%
Assets/Debt
Total Assets $1,050,194
Total Liabilities $270,463
Net Assets $779,731
Compensation
Key Employees and Officers Compensation Related Other
Ashley Perkins (President) $0 $0 $0
Dan Horecka (Vice Preside) $0 $0 $0
W Fred Reynolds (Secretary) $0 $0 $0
Brad Smith (Treasurer) $0 $0 $0
Tom Stearns (Director) $0 $0 $0
Earl Lipscomb (Director) $0 $0 $0
Robert Blair (Director) $0 $0 $0
Shaun Billingsley (Director) $0 $0 $0
Frank Duvall (Director) $0 $0 $0
Jared King (Director) $0 $0 $0
Shari Lyle (Director) $0 $0 $0
Doug Nall (Director) $0 $0 $0
Josh Pittman (Director) $0 $0 $0
Meagan Pratt (Director) $0 $0 $0
Tom Taylor (Director) $0 $0 $0
Christy Webb (Director) $0 $0 $0
Mike Terrell (Director) $0 $0 $0
George Zubulake (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$3,171,151
Expenses
$3,136,352
Net Income
$34,799
Net Assets
$575,958
Notable Sources of Revenue Percent of Total Revenue
Contributions $629,262
19.8%
Program Services $2,541,417
80.1%
Investment Income $472
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $75,000
2.4%
Professional Fundraising Fees $0
Other Salaries and Wages $1,989,634
63.4%
Assets/Debt
Total Assets $835,699
Total Liabilities $259,741
Net Assets $575,958

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,677,904
Expenses
$2,740,670
Net Income
-$62,766
Net Assets
$541,159
Notable Sources of Revenue Percent of Total Revenue
Contributions $226,789
8.5%
Program Services $2,416,248
90.2%
Investment Income $627
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $34,240
1.3%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,774,565
64.7%
Assets/Debt
Total Assets $802,506
Total Liabilities $261,347
Net Assets $541,159

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,863,111
Expenses
$2,704,554
Net Income
$158,557
Net Assets
$603,925
Notable Sources of Revenue Percent of Total Revenue
Contributions $225,076
7.9%
Program Services $2,382,857
83.2%
Investment Income $149
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $178,471
6.2%
Net Inventory Sales $0
Other Revenue $8,737
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,782,680
65.9%
Assets/Debt
Total Assets $923,911
Total Liabilities $319,986
Net Assets $603,925

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,750,505
Expenses
$2,821,244
Net Income
-$70,739
Net Assets
$445,368
Notable Sources of Revenue Percent of Total Revenue
Contributions $344,992
12.5%
Program Services $2,381,906
86.6%
Investment Income $90
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $15,479
0.6%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $8,038
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,738,144
61.6%
Assets/Debt
Total Assets $922,386
Total Liabilities $477,018
Net Assets $445,368

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,669,329
Expenses
$2,681,934
Net Income
-$12,605
Net Assets
$516,107
Notable Sources of Revenue Percent of Total Revenue
Contributions $250,370
9.4%
Program Services $2,359,281
88.4%
Investment Income $274
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $59,404
2.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,683,559
62.8%
Assets/Debt
Total Assets $1,019,955
Total Liabilities $503,848
Net Assets $516,107

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,835,434
Expenses
$2,804,692
Net Income
$30,742
Net Assets
$528,712
Notable Sources of Revenue Percent of Total Revenue
Contributions $460,464
16.2%
Program Services $2,343,287
82.6%
Investment Income $125
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $28,772
1.0%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,786
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,751,773
62.5%
Assets/Debt
Total Assets $1,047,115
Total Liabilities $518,403
Net Assets $528,712

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,946,062
Expenses
$2,948,999
Net Income
-$2,937
Net Assets
$497,970
Notable Sources of Revenue Percent of Total Revenue
Contributions $281,026
9.5%
Program Services $2,629,790
89.3%
Investment Income $387
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $24,699
0.8%
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $10,160
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $1,885,825
63.9%
Assets/Debt
Total Assets $1,145,429
Total Liabilities $647,459
Net Assets $497,970

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

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