Civic Intelligence

Island Waves Inc.

990EZ • Fiscal year 2017 • EIN 11-3612488

May 01, 2016 to Apr 30, 2017 • Filed on Jul 26, 2017

Organization ProfileN/A
PO Box 1041Huntington, NY 11743

(631) 487-8567

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

66th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • NTEE N • <$500k nonprofits • Source year 2017

Liabilities / Revenue

66th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • NTEE N • <$500k nonprofits • Source year 2017

Net Margin

42nd percentile

0.4%

Higher net margin than 42% of similar nonprofits.

2017 filings • NTEE N • <$500k nonprofits • Source year 2017

Top Officer Pay

87th percentile

$0

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • NTEE N • <$500k nonprofits • Source year 2017

Asset Growth

89th percentile

65%

Faster asset growth than 89% of similar nonprofits.

2017 filings • NTEE N • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

55th percentile

4.2%

Faster revenue growth than 55% of similar nonprofits.

2017 filings • NTEE N • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets66th percentile

Assets

Up

$1,886

Up $745 (+65%) from 2016

Net Assets

Up

$1,886

Up $745 (+65%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue And Expenses
Liabilities / Revenue66th percentileNet Margin42nd percentile

Revenue

Up

$168,908

Up $6,815 (+4.2%) from 2016

Expenses

Down

$168,163

Down $9,524 (-5.4%) from 2016

Net Income

Up

$745

Up $16,339 (+105%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth89th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60K$40K$20K$0-$20KAssets 2011: $4,825Liabilities 2011: $02011Assets 2012: $4,866Liabilities 2012: $02012Assets 2013: $34,751Liabilities 2013: $02013Assets 2014: $42,983Liabilities 2014: $0Net Assets 2014: $42,9832014Assets 2015: $16,735Liabilities 2015: $0Net Assets 2015: $16,7352015Assets 2016: $1,141Liabilities 2016: $0Net Assets 2016: $1,1412016Assets 2017: $1,886Liabilities 2017: $0Net Assets 2017: $1,8862017Assets 2018: $1,249Liabilities 2018: $0Net Assets 2018: $1,2492018Assets 2019: $2,239Liabilities 2019: $0Net Assets 2019: $2,2392019Assets 2020: -$10,171Liabilities 2020: $0Net Assets 2020: -$10,1712020Assets 2021: -$3,321Liabilities 2021: $0Net Assets 2021: -$3,3212021Assets 2022: $4,398Liabilities 2022: $0Net Assets 2022: $4,3982022Assets 2023: $9,645Liabilities 2023: $0Net Assets 2023: $9,6452023Assets 2024: $3,481Liabilities 2024: $0Net Assets 2024: $3,4812024Assets 2025: $12,989Liabilities 2025: $0Net Assets 2025: $12,9892025

Highlighted filing

2017

Assets$1,886
Liabilities$0
Net Assets$1,886
Open 2017 Filing

Operations Trend

Revenue Growth55th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KRevenue 2011: $97,394Expenses 2011: $129,953Net Income 2011: -$32,5592011Revenue 2012: $97,125Expenses 2012: $97,084Net Income 2012: $412012Revenue 2013: $95,982Expenses 2013: $66,097Net Income 2013: $29,8852013Revenue 2014: $161,459Expenses 2014: $153,227Net Income 2014: $8,2322014Revenue 2015: $152,071Expenses 2015: $178,319Net Income 2015: -$26,2482015Revenue 2016: $162,093Expenses 2016: $177,687Net Income 2016: -$15,5942016Revenue 2017: $168,908Expenses 2017: $168,163Net Income 2017: $7452017Revenue 2018: $152,670Expenses 2018: $153,307Net Income 2018: -$6372018Revenue 2019: $244,956Expenses 2019: $243,966Net Income 2019: $9902019Revenue 2020: $185,080Expenses 2020: $197,490Net Income 2020: -$12,4102020Revenue 2021: $86,400Expenses 2021: $79,550Net Income 2021: $6,8502021Revenue 2022: $108,377Expenses 2022: $100,658Net Income 2022: $7,7192022Revenue 2023: $162,066Expenses 2023: $156,819Net Income 2023: $5,2472023Revenue 2024: $183,606Expenses 2024: $189,770Net Income 2024: -$6,1642024Revenue 2025: $371,784Expenses 2025: $362,276Net Income 2025: $9,5082025

Highlighted filing

2017

Revenue$168,908
Expenses$168,163
Net Income$745
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
May 1, 2016 to Apr 30, 2017
Signed
Jul 26, 2017
Return Version
2016v3.0
Gross Receipts
$168,908
Mission and Program Overview

Mission

Amateur girls ice hockey organization

Program Services

DescriptionGrantsExpenses
ORGANIZED AND CONDUCTED COMPETITIVE HOCKEY FOR GIRLS AGES 19 YEARS AND YOUNGER. APPROXIMATELY 85 MEMBERS IN THE 2014-2015 YEAR END. PROVIDE AND COMMIT TO PROMOTING GIRLS ATHLETIC, SOCIAL AND PERSONAL DEVELOPMENT THROUGH SPORTS. ENHANCE SPORTSMANSHIP, LEADERSHIP AND TEAMWORK SKILLS.-$168,163
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
RICHARD RIGHIPresidentPT$0--
JOHN ZERILLOVice PresidePT$0--
Filing and Contact Details

Filer

Filer Name
Island Waves Inc
EIN
11-3612488
Phone
6314878567
Address
PO BOX 1041, HUNTINGTON, NY 11743

Signing Officer

Name
Richard Righi
Title
President
Phone
6314878567
Signed
2017-07-26
Discuss with paid preparer
Yes

Preparer

Firm
Esposito Fuchs Taormina & Company
Address
267 CARLETON AVE STE 202, CENTRAL ISLIP, NY 11722
Preparer
Jeffrey S Fuchs CPA
Phone
6312978350
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses bank fees 468 coach fees 26,500 ice fees 91,829 league fees 8,082 tournament fees 21,595 uniforms/merchandise 10,344 donations 5,000 travel 3,885 website 460 total 168,163”

Form 990-ez, Part III, Line 28

“Organized and conducted competitive hockey for girls ages 19 years and younger. Approximately 85 members in the 2014-2015 year end. Provide and commit to promoting girls athletic, social and personal development through sports. Enhance sportsmanship, leadership and teamwork skills.”

Raw XML Appendix121 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0JOHN ZERILLO
IRS990EZ/BooksInCareOfDetail/PhoneNum06314878567
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 910
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MELVILLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011747
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01141
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt01886
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0168908
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0745
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt01141
IRS990EZ/Form990TotalAssetsGrp/EOYAmt01886
IRS990EZ/GrossReceiptsAmt0168908
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt01141
IRS990EZ/NetAssetsOrFundBalancesEOYAmt01886
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt01141
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt01886
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RICHARD RIGHI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JOHN ZERILLO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0168163
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0AMATEUR GIRLS ICE HOCKEY ORGANIZATION
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ORGANIZED AND CONDUCTED COMPETITIVE HOCKEY FOR GIRLS AGES 19 YEARS AND YOUNGER. APPROXIMATELY 85 MEMBERS IN THE 2014-2015 YEAR END. PROVIDE AND COMMIT TO PROMOTING GIRLS ATHLETIC, SOCIAL AND PERSONAL DEVELOPMENT THROUGH SPORTS. ENHANCE SPORTSMANSHIP, LEADERSHIP AND TEAMWORK SKILLS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0168163
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0168163
IRS990EZ/TotalProgramServiceExpensesAmt0168163
IRS990EZ/TotalRevenueAmt0168908
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0168908
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0162093
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0152071
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0161459
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt095982
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0740513
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0740513
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0168908
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0162093
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0152071
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0161459
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt095982
IRS990ScheduleA/Total509Grp/TotalAmt0740513
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0168908
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0162093
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0152071
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0161459
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt095982
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0740513
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES BANK FEES 468 COACH FEES 26,500 ICE FEES 91,829 LEAGUE FEES 8,082 TOURNAMENT FEES 21,595 UNIFORMS/MERCHANDISE 10,344 DONATIONS 5,000 TRAVEL 3,885 WEBSITE 460 TOTAL 168,163
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZED AND CONDUCTED COMPETITIVE HOCKEY FOR GIRLS AGES 19 YEARS AND YOUNGER. APPROXIMATELY 85 MEMBERS IN THE 2014-2015 YEAR END. PROVIDE AND COMMIT TO PROMOTING GIRLS ATHLETIC, SOCIAL AND PERSONAL DEVELOPMENT THROUGH SPORTS. ENHANCE SPORTSMANSHIP, LEADERSHIP AND TEAMWORK SKILLS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD RIGHI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06314878567
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-07-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ISLAND WAVES INC
ReturnHeader/Filer/BusinessNameControlTxt0ISLA
ReturnHeader/Filer/EIN0113612488
ReturnHeader/Filer/PhoneNum06314878567
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1041
ReturnHeader/Filer/USAddress/CityNm0HUNTINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011743
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId07F66AB9BE12DACEB4FEC1BFED985FBB74291C4FF
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId07F66AB9BE12DACEB4FEC1BFED985FBB74291C4FF
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0112998486
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ESPOSITO FUCHS TAORMINA & COMPANY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0267 CARLETON AVE STE 202
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CENTRAL ISLIP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011722
ReturnHeader/PreparerPersonGrp/PhoneNum06312978350
ReturnHeader/PreparerPersonGrp/PreparationDt02017-07-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFFREY S FUCHS CPA
ReturnHeader/ReturnTs02017-07-31T09:40:24-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-05-01
ReturnHeader/TaxPeriodEndDt02017-04-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,886
Liabilities
$0
Net assets
$1,886
Revenue
$168,908
Expenses
$168,163
Net income
$745
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.13$0.00$0.13$3.72$3.62$0.10
2024Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$1.84$1.90$0.06
2023Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$1.62$1.57$0.05
2022Detailed filing. Detailed filing data is available for this year.$0.04$0.00$0.04$1.08$1.01$0.08
2021Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.86$0.80$0.07
2020Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$1.85$1.97$0.12
2019Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$2.45$2.44$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$1.53$1.53$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.02$0.00$0.02$1.69$1.68$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$1.62$1.78$0.16
2015Detailed filing. Detailed filing data is available for this year.$0.17$0.00$0.17$1.52$1.78$0.26
2014Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.43$1.61$1.53$0.08
2013Summary only. Only limited summary data is available for this year.$0.35$0.00$0.96$0.66$0.30
2012Summary only. Only limited summary data is available for this year.$0.05$0.00$0.97$0.97$0.00
2011Summary only. Only limited summary data is available for this year.$0.05$0.00$0.97$1.30$0.33