Liabilities / Assets
87th percentile
Higher debt load relative to assets than 87% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
87th percentile
Higher debt load relative to assets than 87% of similar nonprofits.
Liabilities / Revenue
86th percentile
Higher debt load relative to revenue than 86% of similar nonprofits.
Net Margin
68th percentile
Higher net margin than 68% of similar nonprofits.
Top Officer Pay
91st percentile
Higher top officer pay than 91% of similar nonprofits.
Top officer pay equals 10.2% of source-year revenue.
Asset Growth
90th percentile
Faster asset growth than 90% of similar nonprofits.
Revenue Growth
87th percentile
Faster revenue growth than 87% of similar nonprofits.
Assets
Up$209,054
Up $97,760 (+88%) from 2015
Net Assets
Up$129,969
Up $57,375 (+79%) from 2015
Liabilities
Up$79,085
Up $40,385 (+104%) from 2015
Revenue
Up$441,531
Up $153,886 (+53%) from 2015
Expenses
Up$384,157
Up $97,959 (+34%) from 2015
Net Income
Up$57,374
Up $55,927 (+3865%) from 2015
The mission of wave leadership college, as an experience-rich, academically-adept institution of biblical higher education, is to equip christian leaders to transform their communities for the glory of god.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $64,426 | $134,113 | ▲ $69,687 |
| Cash and Non-Interest-Bearing Accounts | $14,710 | $40,361 | ▲ $25,651 |
| Accounts Receivable | $27,746 | $34,580 | ▲ $6,834 |
| Prepaid Expenses and Deferred Charges | $4,412 | - | - |
| Total Assets | $111,294 | $209,054 | ▲ $97,760 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | - | $41,352 | - |
| Other Liabilities | $22,203 | $20,703 | ▼ $1,500 |
| Accounts Payable and Accrued Expenses | $12,631 | $12,305 | ▼ $326 |
| Deferred Revenue | $3,865 | $4,725 | ▲ $860 |
| Total Liabilities | $38,699 | $79,085 | ▲ $40,386 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $72,595 | $129,969 | ▲ $57,374 |
| Total Net Assets Fund Balance | $72,595 | $129,969 | ▲ $57,374 |
| Total Liabilities and Net Assets / Fund Balance | $111,294 | $209,054 | ▲ $97,760 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $67,681 | $21,355 | $89,036 |
| Leasehold Improvements | $66,432 | $9,972 | $76,404 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Derek Holser | Executive Vi | FT | $45,000 | $45,000 |
| Name | Title |
|---|---|
| Mark Edwards | Chairman |
| Pastor Steve Kelly | President |
| Bert Wimberley | Director |
| Gayle Techanchuk | Director |
| James Shupert | Director |
| Jurgen Matthesius | Director |
| Mark Hopkins | Director |
| John Osteen | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $202,046 |
| Salaries, Compensation, and Employee Benefits | $182,111 |
| Total Fundraising Expense | $6,856 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $106,942 | $12,581 | $6,291 | $125,814 |
| Occupancy | $43,200 | $4,800 | - | $48,000 |
| Current Officers, Directors, Trustees, and Key Employees | $40,500 | $4,500 | - | $45,000 |
| Depreciation Depletion | $18,067 | $2,008 | - | $20,075 |
| All Other Expenses | $15,463 | $3,456 | - | $18,919 |
| Information Technology | $4,890 | $8,693 | - | $13,583 |
| Payroll Taxes | $9,602 | $1,130 | $565 | $11,297 |
| Other Expenses | $6,368 | $19,223 | - | $6,368 |
| Fees for Services Accounting | $5,175 | $575 | - | $5,750 |
| Office Expenses | - | $4,342 | - | $4,342 |
| Travel | $2,939 | - | - | $2,939 |
| Interest | $2,101 | $234 | - | $2,335 |
| Fees for Services Legal | $855 | $95 | - | $950 |
| Total Functional Expenses | $315,664 | $61,637 | $6,856 | $384,157 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $398,157 |
| Expenses per Audited Statements | $384,157 |
| Total Expenses per Form 990 | $384,157 |
| Expenses Not Reported on Form 990 | $14,000 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $2,829 |
| Fundraising Gross Income | $2,560 |
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Payables - Other | $20,703 |
“The board reviews and approves the 990 prepared by a qualified independent accounting firm.”
“Annually the board reviews the conflict of interest policy.”
“Documents are made available to the public upon request.”
“Liability for uncertain tax positions under fin 48 footnote: the organization adopted the recognition requirements for uncertain income tax positions as required by generally accepted accounting principles, with no cumulative effect adjustment required. Income tax benefits are recognized for income tax positions taken or expected to be taken in a return, only when it is determined that the income tax position will more- likely-than-not be sustained upon examination by taxing authorities. The organization has analyzed the tax positions taken in its filings with the internal revenue service. The organization believes that its income tax filing positions will be sustained upon examination and does not anticipate any adjustments that would result in a material adverse affect on the organization's financial condition, results of operations or cash flows. Accordingly, the organization has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at june 30, 2016.”
“The organization's federal return of organization exempt from income tax (form 990) for 2015, 2014, 2013, and 2012 are subject to examination by the irs,generally for three years after they were filed.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 12631 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 12305 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 27746 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 34580 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | THE MISSION OF WAVE LEADERSHIP COLLEGE, AS AN EXPERIENCE-RICH, ACADEMICALLY-ADEPT INSTITUTION OF BIBLICAL HIGHER EDUCATION, IS TO EQUIP CHRISTIAN LEADERS TO TRANSFORM THEIR COMMUNITIES FOR THE GLORY OF GOD. |
| IRS990/AllOtherContributionsAmt | 0 | 87665 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 3456 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 15463 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 18919 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | ORGANIZATION |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7574815005 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1000 NORTH GREAT NECK RD |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | VIRGINIA BEACH |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | VA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 23454 |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 14710 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 40361 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 4500 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 40500 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 45000 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | false |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 87665 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 202046 |
| IRS990/CYOtherRevenueAmt | 0 | -269 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 354135 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 57374 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 182111 |
| IRS990/CYTotalExpensesAmt | 0 | 384157 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 6856 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 441531 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 3865 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 4725 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 2008 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 18067 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 20075 |
| IRS990/Desc | 0 | PROVIDING BIBLICAL HIGHER EDUCATION DEDICATED TO TRAINING CHRISTIAN PASTORS AND LEADERS. |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DoingBusinessAsName/BusinessNameLine1Txt | 0 | WAVE LEADERSHIP COLLEGE INC |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 5 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 315664 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 575 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 5175 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 5750 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 95 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 855 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 950 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | DEREK HOLSER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | PASTOR STEVE KELLY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | MARK EDWARDS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | JOHN OSTEEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | JAMES SHUPERT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | GAYLE TECHANCHUK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | BERT WIMBERLEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | JURGEN MATTHESIUS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | MARK HOPKINS |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 45000 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | EXECUTIVE VI |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 2010 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/FundraisingDirectExpensesAmt | 0 | 2829 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 2560 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 8 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 444360 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 8 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 8693 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 4890 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 13583 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 234 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 2101 |
| IRS990/InterestGrp/TotalAmt | 0 | 2335 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 11 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 31327 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 64426 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 134113 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 165440 |
| IRS990/LegalDomicileStateCd | 0 | VA |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | THE MISSION OF WAVE LEADERSHIP COLLEGE, AS AN EXPERIENCE-RICH, ACADEMICALLY-ADEPT INSTITUTION OF BIBLICAL HIGHER EDUCATION, IS TO EQUIP CHRISTIAN LEADERS TO TRANSFORM THEIR COMMUNITIES FOR THE GLORY OF GOD. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 41352 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 72595 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 129969 |
| IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt | 0 | -269 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | -269 |
| IRS990/NoncashContributionsAmt | 0 | 1570 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 4800 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 43200 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 48000 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 4342 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 4342 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherExpensesGrp/Desc | 0 | STUDENT SERVICES |
| IRS990/OtherExpensesGrp/Desc | 1 | OPERATIONAL & MAINT |
| IRS990/OtherExpensesGrp/Desc | 2 | ACCREDITATION |
| IRS990/OtherExpensesGrp/Desc | 3 | INSTRUCTION EXPENSE |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 19223 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 45453 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 14109 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 6368 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 45453 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 19223 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 14109 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 6368 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 22203 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 20703 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 6291 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 12581 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 106942 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 125814 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 565 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 1130 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 9602 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 11297 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 4412 |
| IRS990/PrincipalOfficerNm | 0 | DEREK HOLSER |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 611600 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 611600 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | TUITION |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | DAY & NIGHT COLLEGE FEES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 300743 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 53392 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 300743 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 53392 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 100650 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYOtherExpensesAmt | 0 | 142389 |
| IRS990/PYOtherRevenueAmt | 0 | 6204 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 180791 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 1447 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 143809 |
| IRS990/PYTotalExpensesAmt | 0 | 286198 |
| IRS990/PYTotalRevenueAmt | 0 | 287645 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 57374 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/DonatedServicesAndUseFcltsAmt | 0 | 14000 |
| IRS990ScheduleD/DonatedServicesUseFcltsAmt | 0 | 14000 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 67681 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 21355 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 89036 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 14000 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 384157 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 66432 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 9972 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 76404 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 20703 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | PAYABLES - OTHER |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 14000 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 441531 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | LIABILITY FOR UNCERTAIN TAX POSITIONS UNDER FIN 48 FOOTNOTE: THE ORGANIZATION ADOPTED THE RECOGNITION REQUIREMENTS FOR UNCERTAIN INCOME TAX POSITIONS AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, WITH NO CUMULATIVE EFFECT ADJUSTMENT REQUIRED. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE- LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE ORGANIZATION HAS ANALYZED THE TAX POSITIONS TAKEN IN ITS FILINGS WITH THE INTERNAL REVENUE SERVICE. THE ORGANIZATION BELIEVES THAT ITS INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE AFFECT ON THE ORGANIZATION'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE ORGANIZATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT JUNE 30, 2016. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | THE ORGANIZATION'S FEDERAL RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) FOR 2015, 2014, 2013, AND 2012 ARE SUBJECT TO EXAMINATION BY THE IRS,GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE D, PAGE 3, PART X |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE D, PAGE 4, PART XIII |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 134113 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 384157 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 20703 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 441531 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 455531 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 398157 |
| IRS990ScheduleE/ComplianceWithRevProc7550Ind | 0 | true |
| IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceAthltProgInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEducPlcyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceOtherActyInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceSchsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd | 0 | false |
| IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd | 0 | false |
| IRS990ScheduleE/GovernmentFinancialAidRcvdInd | 0 | true |
| IRS990ScheduleE/GovernmentFinancialAidRvkdInd | 0 | false |
| IRS990ScheduleE/MaintainCpyOfAllSolInd | 0 | true |
| IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/MaintainRacialCompRecsInd | 0 | true |
| IRS990ScheduleE/MaintainScholarshipsRecsInd | 0 | true |
| IRS990ScheduleE/NondiscriminatoryPolicyStmtInd | 0 | true |
| IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd | 0 | true |
| IRS990ScheduleE/PolicyStmtInBrochuresEtcInd | 0 | true |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 0 | POLICY IS PRINTED ON LITERATURE AND PRINT ADS USED FOR MARKETING AND SOLICITATION AS WELL AS POSTED ON THE ORGANIZATION'S WEBSITE. |
| IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt | 1 | THE ORGANIZATION RECEIVES FEDERAL FUNDING, PELL GRANTS AND DIRECT LOANS. |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | SCHEDULE E, LINE 3 |
| IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | SCHEDULE E, LINE 6 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE BOARD REVIEWS AND APPROVES THE 990 PREPARED BY A QUALIFIED INDEPENDENT ACCOUNTING FIRM. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ANNUALLY THE BOARD REVIEWS THE CONFLICT OF INTEREST POLICY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | true |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TempOrPermanentEndowmentsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 111294 |
| IRS990/TotalAssetsEOYAmt | 0 | 209054 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 111294 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 209054 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 87665 |
| IRS990/TotalEmployeeCnt | 0 | 5 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 6856 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 61637 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 315664 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 384157 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 38699 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 79085 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 38699 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 79085 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 72595 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 129969 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 315664 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 354135 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 45000 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | -269 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 354135 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 441531 |
| IRS990/TotalVolunteersCnt | 0 | 25 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 111294 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 209054 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 2939 |
| IRS990/TravelGrp/TotalAmt | 0 | 2939 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UnrestrictedNetAssetsGrp/BOYAmt | 0 | 72595 |
| IRS990/UnrestrictedNetAssetsGrp/EOYAmt | 0 | 129969 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 1000 NORTH GREAT NECK RD |
| IRS990/USAddress/CityNm | 0 | VIRGINIA BEACH |
| IRS990/USAddress/StateAbbreviationCd | 0 | VA |
| IRS990/USAddress/ZIPCd | 0 | 23454 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 8 |
| IRS990/VotingMembersIndependentCnt | 0 | 8 |
| IRS990/WebsiteAddressTxt | 0 | WWW.WAVECOLLEGE.COM |
| IRS990/WhistleblowerPolicyInd | 0 | true |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DEREK HOLSER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE VICE PRES. |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7574815005 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-10-25 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | WAVE COLLEGE INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | WAVE |
| ReturnHeader/Filer/EIN | 0 | 274269892 |
| ReturnHeader/Filer/PhoneNum | 0 | 7574815005 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1000 NORTH GREAT NECK ROAD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | VIRGINIA BEACH |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 23454 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 200221868 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | BARNES BROCK CORNWELL & PAINTER PLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 908 EDEN WAY N STE 201 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | CHESAPEAKE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 233202640 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7579615017 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2016-11-04 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | KIMBERLY C PAINTER |
| ReturnHeader/ReturnTs | 0 | 2016-11-04T14:36:11-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-06-30 |
| ReturnHeader/TaxYr | 0 | 2015 |
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Displayed year
2016 • Form 990Detailed filing. Detailed filing data is available for this year.