Civic Intelligence

Waves of Mercy Inc

EIN 26-1387150 • 501(c)3 • Greenville, KY

Profile

Provide auxilliary support to orphanages in Haiti, education programs and execute a nutritian program available to the public. In addition the organization operates emergency relief programs in Haiti.

79 RolleyGreenville, KY 42345

n/A

Siviq Scores

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

Liabilities / Assets

19th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

20th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

43rd percentile

1.3%

Higher net margin than 43% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

41st percentile

0.6%

Faster asset growth than 41% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

80th percentile

41%

Faster revenue growth than 80% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,459,225

Up $8,141 (+0.6%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$1,459,225

Up $8,141 (+0.6%) from 2023

Revenue

Up

$645,252

Up $189,236 (+41%) from 2023

Expenses

Up

$637,111

Up $119,319 (+23%) from 2023

Net Income

Up

$8,141

Up $69,917 (+113%) from 2023

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2013: $101,045Liabilities 2013: $1,418Net Assets 2013: $99,6272013Assets 2014: $112,859Liabilities 2014: $1,718Net Assets 2014: $111,1412014Assets 2015: $297,104Liabilities 2015: $2,136Net Assets 2015: $294,9682015Assets 2016: $457,183Liabilities 2016: $2,150Net Assets 2016: $455,0332016Assets 2017: $677,470Liabilities 2017: $0Net Assets 2017: $677,4702017Assets 2018: $937,150Liabilities 2018: $0Net Assets 2018: $937,1502018Assets 2019: $1,081,275Liabilities 2019: $0Net Assets 2019: $1,081,2752019Assets 2020: $1,128,182Liabilities 2020: $0Net Assets 2020: $1,128,1822020Assets 2021: $1,331,085Liabilities 2021: $0Net Assets 2021: $1,331,0852021Assets 2022: $1,512,860Liabilities 2022: $0Net Assets 2022: $1,512,8602022Assets 2023: $1,451,084Liabilities 2023: $0Net Assets 2023: $1,451,0842023Assets 2024: $1,459,225Liabilities 2024: $0Net Assets 2024: $1,459,2252024

Highlighted filing

2024

Assets$1,459,225
Liabilities$0
Net Assets$1,459,225

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2013: $249,327Expenses 2013: $235,546Net Income 2013: $13,7812013Revenue 2014: $283,059Expenses 2014: $271,545Net Income 2014: $11,5142014Revenue 2015: $424,798Expenses 2015: $240,971Net Income 2015: $183,8272015Revenue 2016: $423,232Expenses 2016: $263,167Net Income 2016: $160,0652016Revenue 2017: $460,688Expenses 2017: $238,251Net Income 2017: $222,4372017Revenue 2018: $549,383Expenses 2018: $289,703Net Income 2018: $259,6802018Revenue 2019: $477,000Expenses 2019: $332,875Net Income 2019: $144,1252019Revenue 2020: $430,859Expenses 2020: $383,952Net Income 2020: $46,9072020Revenue 2021: $563,478Expenses 2021: $360,575Net Income 2021: $202,9032021Revenue 2022: $506,755Expenses 2022: $324,980Net Income 2022: $181,7752022Revenue 2023: $456,016Expenses 2023: $517,792Net Income 2023: -$61,7762023Revenue 2024: $645,252Expenses 2024: $637,111Net Income 2024: $8,1412024

Highlighted filing

2024

Revenue$645,252
Expenses$637,111
Net Income$8,141

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 2, 2025
Return Version
2024v5.2
Gross Receipts
$645,252
Mission and Program Overview

Mission

Provide auxilliary support to orphanages in Haiti, education programs and execute a nutritian program available to the public. In addition the organization operates emergency relief programs in Haiti.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,250,686$1,272,536▲ $21,850
Cash and Non-Interest-Bearing Accounts$200,398$186,686▼ $13,712
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,451,084$1,459,225▲ $8,141
Other Assets Total-$3-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,451,084$1,459,225▲ $8,141
Total Net Assets Fund Balance$1,451,084$1,459,225▲ $8,141
Total Liabilities and Net Assets / Fund Balance$1,451,084$1,459,225▲ $8,141

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,159,908$2,831$1,162,739
Land$74,450-$74,450
Equipment$38,178$5,100$43,278
Compensation and Service Providers

Board Members and Trustees

NameTitle
Larry OwenPresident
John MarshallVice President
Diana OwenBoard Member
Judson ChalkleyBoard Member
Larry OwenBoard Member
Linda WilliamsBoard Member
Luanne FieldenBoard Member
Phil WilliamsBoard Member
Robin ChalkleyBoard Member
Larry OwenDirector of Services
Diana OwenAssistant
Deborah McintoshTreasurer
Michael FieldenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$645,252
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$645,252
Change in Net Assets
$8,141
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$495,135
Salaries, Compensation, and Employee Benefits$141,976
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$125,087--$125,087
Other Expenses$61,686--$61,686
Occupancy$59,665--$59,665
All Other Expenses$58,246--$58,246
Travel$30,506--$30,506
Other Employee Benefits$12,758--$12,758
Payroll Taxes$4,131--$4,131
Office Expenses$3,011--$3,011
Fees for Services Accounting-$600-$600
Total Functional Expenses$636,511$600$0$637,111
International Activity

International Summary

Offices
1
Employees
2

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
HaitiProgram ServicesED TRAINING;SUPPORT;CHAR;RELIG12$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Two board members are sisters and their respective husbands. None receive compensation.two other board members are the missionary/employees performing services in haiti. They are board members, but are only compensated for their service performance in haiti.

Form 990, Part VI, Section B, Line 11B

BOARD REVIEWS DOCUMENT.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Waves of Mercy Inc
EIN
26-1387150
Phone
2705433700
Address
79 ROLLEY, GREENVILLE, KY 42345

Signing Officer

Name
Deborah McIntosh
Title
Treasurer
Signed
2025-09-02
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
Ky
Voting Board Members
11
Independent Board Members
11
Employees
3

Preparer

Firm
Sullivan & Curry LLP
Address
PO Box 133, Greenville, KY 42345
Preparer
Josephine F Sullivan
Phone
2703389290
Supplemental Narrative

Additional Explanations

Board Member/diane Owen

She provides mission/services in haiti. Compensation is not for being a board member.

President/larry Owen

The compensation is not for being president, he is the missionary/service provider performing the services for the charitable organization in haiti.

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IRS990/OfficeExpensesGrp/TotalAmt03011
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt03
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt012758
IRS990/OtherEmployeeBenefitsGrp/TotalAmt012758
IRS990/OtherExpensesGrp/Desc0NUTRITION PROGRAM-HAITI
IRS990/OtherExpensesGrp/Desc1FUEL-HAITI
IRS990/OtherExpensesGrp/Desc2BOYS EDUCATION PROGRAM-HAITI
IRS990/OtherExpensesGrp/Desc3SPECIAL PROGRAM- HAITI
IRS990/OtherExpensesGrp/ProgramServicesAmt0114328
IRS990/OtherExpensesGrp/ProgramServicesAmt185581
IRS990/OtherExpensesGrp/ProgramServicesAmt281512
IRS990/OtherExpensesGrp/ProgramServicesAmt361686
IRS990/OtherExpensesGrp/TotalAmt0114328
IRS990/OtherExpensesGrp/TotalAmt185581
IRS990/OtherExpensesGrp/TotalAmt281512
IRS990/OtherExpensesGrp/TotalAmt361686
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0125087
IRS990/OtherSalariesAndWagesGrp/TotalAmt0125087
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt04131
IRS990/PayrollTaxesGrp/TotalAmt04131
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0456016
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0443850
IRS990/PYRevenuesLessExpensesAmt0-61776
IRS990/PYSalariesCompEmpBnftPaidAmt073942
IRS990/PYTotalExpensesAmt0517792
IRS990/PYTotalRevenueAmt0456016
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt08141
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0645252
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0456016
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0506756
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0563478
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0430858
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02602360
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt02602360
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0645252
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0456016
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0506756
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0563478
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0430858
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02602360
IRS990ScheduleA/TotalSupportAmt02602360
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01159908
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02831
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01162739
IRS990ScheduleD/EquipmentGrp/BookValueAmt038178
IRS990ScheduleD/EquipmentGrp/DepreciationAmt05100
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt043278
IRS990ScheduleD/LandGrp/BookValueAmt074450
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt074450
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01272536
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt02
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0HAITI
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0ED TRAINING;SUPPORT;CHAR;RELIG
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalEmployeesCnt02
IRS990ScheduleF/SubtotalOfficesCnt01
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0NO OUTSIDE METHOD EMPLOYED. ALL RECORDS ARE MAINTAINED IN THE US. THERE IS A BANK ACCOUNT IN HAITI USED ONLY FOR FUNDS TRANSFERS FROM THE US. EXPENDITURES IN HAITI ARE MADE IN CASH IN ALMOST ALL INSTANCES AS HAITAIN BUSINESS IS CONDUCTED IN THIS MANNER ALMOST EXCLUSIVELY.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 3f - Method of Accounting
IRS990ScheduleF/TotalEmployeeCnt02
IRS990ScheduleF/TotalOfficeCnt01
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TWO BOARD MEMBERS ARE SISTERS AND THEIR RESPECTIVE HUSBANDS. NONE RECEIVE COMPENSATION.TWO OTHER BOARD MEMBERS ARE THE MISSIONARY/EMPLOYEES PERFORMING SERVICES IN HAITI. THEY ARE BOARD MEMBERS, BUT ARE ONLY COMPENSATED FOR THEIR SERVICE PERFORMANCE IN HAITI.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD REVIEWS DOCUMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SHE PROVIDES MISSION/SERVICES IN HAITI. COMPENSATION IS NOT FOR BEING A BOARD MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE COMPENSATION IS NOT FOR BEING PRESIDENT, HE IS THE MISSIONARY/SERVICE PROVIDER PERFORMING THE SERVICES FOR THE CHARITABLE ORGANIZATION IN HAITI.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3BOARD MEMBER/DIANE OWEN
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PRESIDENT/LARRY OWEN
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01451084
IRS990/TotalAssetsEOYAmt01459225
IRS990/TotalAssetsGrp/BOYAmt01451084
IRS990/TotalAssetsGrp/EOYAmt01459225
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0645252
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0600
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0636511
IRS990/TotalFunctionalExpensesGrp/TotalAmt0637111
IRS990/TotalGrossUBIAmt00

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