Wave Foundation

Denver, CO
Tax-exempt since Aug. 1990
EIN: 84-1134776

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Type of Nonprofit

Designated as a 501(c)(3) 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.

Donations to this organization are tax deductible.

Revenue

$17.4k (2024)

Expenses

$185k (2024)

Total Assets

$643k (2024)

Total Liabilities

$4.49k (2024)

Source: Form 990 tax filings from 2011 to 2024

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 Dec.
2024

Revenue

$17,365

Expenses

$185,460

Net Income

-$168,095

Net Assets

$638,267

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$17,365	100%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$142,472	76.8%
Compensation of Officers*	$60,000	32.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$642,752
Total Liabilities	$4,485
Net Assets	$638,267

Compensation

Key Employees and Officers	Compensation	Other
Christine Smith (President)	$60,000	$0
Christine Smith (Sec/Treas)	$0	$0
Blake Wassenaar (Director)	$0	$0

990-PF

Filed on May 15, 2025

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2023

Revenue

$22,530

Expenses

$203,175

Net Income

-$180,645

Net Assets

$806,362

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$21,423	95.1%
Sales of Assets	$1,107	4.9%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$159,468	78.5%
Compensation of Officers*	$60,000	29.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$812,060
Total Liabilities	$5,698
Net Assets	$806,362

Compensation

Key Employees and Officers	Compensation	Other
Christine Smith (President)	$60,000	$0
Christine Smith (Sec/Treas)	$0	$0
Blake Wassenaar (Director)	$0	$0

990-PF

Filed on May 10, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$19,678

Expenses

$175,824

Net Income

-$156,146

Net Assets

$987,007

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$22,328	> 100%
Sales of Assets	-$2,650
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$131,609	74.9%
Compensation of Officers*	$60,000	34.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$996,304
Total Liabilities	$9,297
Net Assets	$987,007

Compensation

Key Employees and Officers	Compensation	Other
Christine Smith (President)	$60,000	$3,189
Christine Smith (Sec/Treas)	$0	$0
Blake Wassenaar (Director)	$0	$0

990-PF

Filed on Nov. 14, 2023

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

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Fiscal Year Ending Dec.
2021

Revenue

$43,808

Expenses

$155,328

Net Income

-$111,520

Net Assets

$1,143,153

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$41,977	95.8%
Sales of Assets	$1,831	4.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$112,826	72.6%
Compensation of Officers*	$60,000	38.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,149,584
Total Liabilities	$6,431
Net Assets	$1,143,153

Compensation

Key Employees and Officers	Compensation	Other
Christine Smith (President)	$60,000	$2,908
Christine Smith (Sec/Treas)	$0	$0
Blake Wassenaar (Director)	$0	$0

990-PF

Filed on May 16, 2022

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2020

Revenue

$43,925

Expenses

$163,005

Net Income

-$119,080

Net Assets

$1,254,673

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$56,178	> 100%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$122,218	75.0%
Compensation of Officers*	$60,000	36.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,265,066
Total Liabilities	$10,393
Net Assets	$1,254,673

Compensation

Key Employees and Officers	Compensation	Other
Christine Smith (President)	$60,000	$2,698
Christine Smith (Sec/Treas)	$0	$0
Blake Wassenaar (Director)	$0	$0

990-PF

Filed on May 18, 2021

Primary tax return for a private foundation's activities, finances, and governance

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XML

Fiscal Year Ending Dec.
2019

Revenue

$66,723

Expenses

$193,788

Net Income

-$127,065

Net Assets

$1,373,753

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$64,064	96.0%
Sales of Assets	$2,659	4.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$151,419	78.1%
Compensation of Officers*	$60,000	31.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,383,154
Total Liabilities	$9,401
Net Assets	$1,373,753

Compensation

Key Employees and Officers	Compensation	Other
Christine Smith (President)	$60,000	$2,414
Christine Smith (Sec/Treas)	$0	$0
Blake Wassenaar (Director)	$0	$0

990-PF

Filed on July 14, 2020

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2018

Revenue

$86,775

Expenses

$211,052

Net Income

-$124,277

Net Assets

$1,500,818

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$73,398	84.6%
Sales of Assets	$13,377	15.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$169,597	80.4%
Compensation of Officers*	$60,000	28.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,504,280
Total Liabilities	$3,462
Net Assets	$1,500,818

Compensation

Key Employees and Officers	Compensation	Other
Christine Smith (President)	$60,000	$3,418
Christine Smith (Sec/Treas)	$0	$0
Blake Wassenaar (Director)	$0	$0

990-PF

Filed on May 15, 2019

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2017

Revenue

$71,288

Expenses

$197,798

Net Income

-$126,510

Net Assets

$1,625,095

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$73,672	> 100%
Sales of Assets	-$2,384
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$157,794	79.8%
Compensation of Officers*	$58,333	29.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,641,525
Total Liabilities	$16,430
Net Assets	$1,625,095

Compensation

Key Employees and Officers	Compensation	Other
Christine Smith (President)	$58,333	$2,854
Christine Smith (Sec/Treas)	$0	$0
Blake Wassenaar (Director)	$0	$0

990-PF

Filed on Nov. 7, 2018

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

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Fiscal Year Ending Dec.
2016

Revenue

$94,976

Expenses

$322,464

Net Income

-$227,488

Net Assets

$1,751,605

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$10	0.0%
Interest Revenue	$0
Dividends	$86,248	90.8%
Sales of Assets	$8,718	9.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$285,571	88.6%
Compensation of Officers*	$58,000	18.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,754,673
Total Liabilities	$3,068
Net Assets	$1,751,605

Compensation

Key Employees and Officers	Compensation	Other
Christine Smith (President)	$50,000	$2,839
Blake Wassenaar (Director)	$8,000	$1,160
Christine Smith (Sec/Treas)	$0	$0

990-PF

Filed on July 27, 2017

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2015

Revenue

$78,788

Expenses

$134,224

Net Income

-$55,436

Net Assets

$1,979,093

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$69,626	88.4%
Sales of Assets	$0
Other Income	$10,156	12.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$100,359	74.8%
Compensation of Officers*	$64,080	47.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$1,983,847
Total Liabilities	$4,754
Net Assets	$1,979,093

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Revenue

$75,191

Expenses

$168,301

Net Income

-$93,110

Net Assets

$2,097,018

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$50	0.1%
Dividends	$75,102	99.9%
Sales of Assets	$39	0.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$159,472	94.8%
Compensation of Officers*	$64,080	38.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,105,776
Total Liabilities	$8,758
Net Assets	$2,097,018

Compensation

Key Employees and Officers	Compensation	Other
Christine Smith (President)	$40,080	$0
Blake Wassenaar (Director)	$24,000	$0
Christine Smith (Sec/Treas)	$0	$0

990-PF

Filed on Nov. 11, 2015

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2013

Revenue

$65,527

Expenses

$312,799

Net Income

-$247,272

Net Assets

$2,190,128

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$86	0.1%
Dividends	$64,548	98.5%
Sales of Assets	$893	1.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$304,634	97.4%
Compensation of Officers*	$52,580	16.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,206,803
Total Liabilities	$16,675
Net Assets	$2,190,128

Compensation

Key Employees and Officers	Compensation	Other
Christine Smith (President)	$40,080	$10,617
Blake Wassenaar (Director)	$12,500	$5,874
Christine Smith (Sec/Treas)	$0	$0

990-PF

Filed on Sept. 26, 2014

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2012

Revenue

$109,997

Expenses

$143,116

Net Income

-$33,119

Net Assets

$2,437,400

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$23,083	21.0%
Dividends	$2,144	1.9%
Sales of Assets	$84,770	77.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$132,819	92.8%
Compensation of Officers*	$14,500	10.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,448,304
Total Liabilities	$10,904
Net Assets	$2,437,400

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

-$63,360

Expenses

$127,223

Net Income

-$190,583

Net Assets

$2,470,519

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$12,894
Dividends	$1,169
Sales of Assets	$0
Other Income	$34

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$110,678	87.0%
Compensation of Officers*	$14,000	11.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,471,446
Total Liabilities	$927
Net Assets	$2,470,519

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Wave Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $17.4k (2024)

Expenses $185k (2024)

Total Assets $643k (2024)

Total Liabilities $4.49k (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Revenue

$17.4k (2024)

Expenses

$185k (2024)

Total Assets

$643k (2024)

Total Liabilities

$4.49k (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

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2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
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2002

Fiscal Year Ending Dec.
2001