Civic Intelligence

Wave Foundation

EIN 20-4413510 • 501(c)3 • Sacramento, CA

Profile

Financial support students at the Westlake Charter School.

Refreshing map…

3800 Del Paso RoadSacramento, CA 95834

www.westlakecharter.com/wave_home.php

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

31st percentile

-9.4%

Higher net margin than 31% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

44th percentile

-5.9%

Faster asset growth than 44% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2025

Revenue Growth

69th percentile

17%

Faster revenue growth than 69% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2025

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$60,296

Up $7,666 (+15%) from 2022

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

-

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue62nd percentileNet Margin31st percentile

Revenue

Up

$57,777

Up $13,935 (+32%) from 2022

Expenses

Up

$50,111

Up $13,445 (+37%) from 2022

Net Income

Up

$7,666

Up $490 (+6.8%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth44th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0Assets 2011: $51,684Liabilities 2011: $02011Assets 2012: $49,701Net Assets 2012: $49,7012012Assets 2013: $92,544Net Assets 2013: $92,5442013Assets 2014: $86,364Net Assets 2014: $86,3642014Assets 2015: $96,489Net Assets 2015: $96,4892015Assets 2016: $93,494Net Assets 2016: $93,4942016Assets 2017: $88,517Net Assets 2017: $88,5172017Assets 2018: $84,470Net Assets 2018: $84,4702018Assets 2019: $86,520Net Assets 2019: $86,5202019Assets 2020: $94,027Net Assets 2020: $94,0272020Assets 2021: $45,140Net Assets 2021: $45,1402021Assets 2022: $52,630Net Assets 2022: $52,6302022Assets 2023: $60,296Liabilities 2023: $02023

Highlighted filing

2023

Assets$60,296
Liabilities$0
Net Assets-
Open 2023 Filing

Operations Trend

Revenue Growth69th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2011: $43,446Expenses 2011: $60,230Net Income 2011: -$16,7842011Revenue 2012: $104,902Expenses 2012: $106,885Net Income 2012: -$1,9832012Revenue 2013: $84,370Expenses 2013: $41,527Net Income 2013: $42,8432013Revenue 2014: $84,583Expenses 2014: $90,763Net Income 2014: -$6,1802014Revenue 2015: $90,116Expenses 2015: $79,991Net Income 2015: $10,1252015Revenue 2016: $88,659Expenses 2016: $91,654Net Income 2016: -$2,9952016Revenue 2017: $79,909Expenses 2017: $84,886Net Income 2017: -$4,9772017Revenue 2018: $80,450Expenses 2018: $84,497Net Income 2018: -$4,0472018Revenue 2019: $78,518Expenses 2019: $76,468Net Income 2019: $2,0502019Revenue 2020: $63,728Expenses 2020: $56,221Net Income 2020: $7,5072020Revenue 2021: $33,451Expenses 2021: $82,338Net Income 2021: -$48,8872021Revenue 2022: $43,842Expenses 2022: $36,666Net Income 2022: $7,1762022Revenue 2023: $57,777Expenses 2023: $50,111Net Income 2023: $7,6662023

Highlighted filing

2023

Revenue$57,777
Expenses$50,111
Net Income$7,666
Open 2023 Filing

Filings

Most recent year

2023 • Form 990EZSummary only. Only limited summary data is available for this year.

Open filing
Assets
$60,296
Liabilities
$0
Net assets
-
Revenue
$57,777
Expenses
$50,111
Net income
$7,666
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$0.60$0.00$0.58$0.50$0.08
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.53$0.53$0.44$0.37$0.07
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.45$0.45$0.33$0.82$0.49
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.94$0.94$0.64$0.56$0.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.87$0.87$0.79$0.76$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.84$0.84$0.80$0.84$0.04
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.89$0.89$0.80$0.85$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.93$0.93$0.89$0.92$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.96$0.96$0.90$0.80$0.10
2014Detailed filing. Detailed filing data is available for this year.$0.86$0.86$0.85$0.91$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.93$0.93$0.84$0.42$0.43
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.50$1.05$1.07$0.02
2011Summary only. Only limited summary data is available for this year.$0.52$0.00$0.43$0.60$0.17
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2015 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Sep 16, 2015
Return Version
2014v5.0
Gross Receipts
$134,557
Mission and Program Overview

Mission

WAVE Foundation supports Westlake Charter School through community engagement, volunteer coordination, and fundraising activities that benefit students and school programs. During the year the organization organized several community events, including the Olympic Triathlon fundraiser, Fall Festival, and other family engagement events that bring together school families while raising funds for student enrichment. Funds raised were granted to Westlake Charter School to support educational programming, student activities, and community-building initiatives.

Financial support students at the Westlake Charter School.

Program Services

DescriptionGrantsExpenses
Support the Westlake Charter School by raising, managing and distributing funds raised to support the innovative programs that enhance the education opportunities for the students at the school.$79,991$74,445
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nancy Kong-VasquezPresidentPT$0--
Esther TanVice PresidentPT$0--
Susie O'BrienVice PresidentPT$0--
David VasquezTreasurerPT$0--
Prriti MerchantSecretaryPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Olympic Triathion$55,902$55,902$3,764$52,138
Fireworks$33,216$33,216$24,114$9,102
Total Events$130,741$130,741$43,560$87,181
Filing and Contact Details

Filer

Filer Name
Wave Foundation
EIN
20-4413510
Phone
9168127995
Address
3800 Del Paso Road, Sacramento, CA 95834

Signing Officer

Name
Nancy Kong-Vasquez
Title
President
Signed
2015-09-16
Discuss with paid preparer
Yes

Preparer

Firm
Joyce G Renison CPA
Address
P O Box 520, Elverta, CA 95626
Preparer
Joyce Renison
Phone
9169914845
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

“| Donee's Name: Westlake Charter School | Donee's Address: 3800 Del Paso Road Sacramento, CA 95834 | Cash Amount Given: $74445”

Other Expenses.1002

“Office Expenses $145”

Other Expenses.1012

“Insurance $2395”

Other Expenses.1

“Gifts & Awards $1414”

Other Expenses.2

“Teacher Appreciation $982”

Other Expenses.3

“Misc Support $30”

Raw XML Appendix205 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
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Nancy Kong-Vasquez
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3David Vasquez
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Prriti Merchant
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt04966
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Financial support students at the Westlake Charter School.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Support the Westlake Charter School by raising, managing and distributing funds raised to support the innovative programs that enhance the education opportunities for the students at the school.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt079991
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt074445
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt044441
IRS990EZ/SpecialEventsNetIncomeLossAmt088834
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt079991
IRS990EZ/TotalProgramServiceExpensesAmt079991
IRS990EZ/TotalRevenueAmt090116
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0http://www.westlakecharter.com/wave_home.php
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01265
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt02672
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt07371
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt04909
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt018329
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: Westlake Charter School | Donee's Address: 3800 Del Paso Road Sacramento, CA 95834 | Cash Amount Given: $74445
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $145
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $2395
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Gifts & Awards $1414
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Teacher Appreciation $982
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Misc Support $30
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.3
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Nancy Kong-Vasquez
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-09-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Wave Foundation
ReturnHeader/Filer/BusinessNameControlTxt0WAVE
ReturnHeader/Filer/EIN0204413510
ReturnHeader/Filer/PhoneNum09168127995
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ReturnHeader/Filer/USAddress/CityNm0Sacramento
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd095834
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0P O Box 520
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Elverta
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd095626
ReturnHeader/PreparerPersonGrp/PhoneNum09169914845
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Joyce Renison
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02015-09-16T13:31:33-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

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