Liabilities / Assets
77th percentile
Higher debt load relative to assets than 77% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
77th percentile
Higher debt load relative to assets than 77% of similar nonprofits.
Liabilities / Revenue
66th percentile
Higher debt load relative to revenue than 66% of similar nonprofits.
Net Margin
42nd percentile
Higher net margin than 42% of similar nonprofits.
Top Officer Pay
63rd percentile
Higher top officer pay than 63% of similar nonprofits.
Top officer pay equals 8.9% of source-year revenue.
Asset Growth
16th percentile
Faster asset growth than 16% of similar nonprofits.
Revenue Growth
68th percentile
Faster revenue growth than 68% of similar nonprofits.
Assets
Down$188,898
Down $20,156 (-9.6%) from 2016
Net Assets
Up$134,240
Up $4,271 (+3.3%) from 2016
Liabilities
Down$54,658
Down $24,427 (-31%) from 2016
Revenue
Up$517,596
Up $76,065 (+17%) from 2016
Expenses
Up$513,325
Up $129,168 (+34%) from 2016
Net Income
Down$4,271
Down $53,103 (-93%) from 2016
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.
The mission of wave leadership college, as an experience-rich, academically-adept institution of biblical higher education, is to equip christian leaders to build the local church and transform their communities for the glory of god.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $134,113 | $111,385 | ▼ $22,728 |
| Accounts Receivable | $34,580 | $52,031 | ▲ $17,451 |
| Cash and Non-Interest-Bearing Accounts | $40,361 | $25,482 | ▼ $14,879 |
| Total Assets | $209,054 | $188,898 | ▼ $20,156 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $12,305 | $18,760 | ▲ $6,455 |
| Mortgage Notes Payable Secured by Investment Property | $41,352 | $16,011 | ▼ $25,341 |
| Deferred Revenue | $4,725 | $13,887 | ▲ $9,162 |
| Other Liabilities | $20,703 | $6,000 | ▼ $14,703 |
| Total Liabilities | $79,085 | $54,658 | ▼ $24,427 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $129,969 | $134,240 | ▲ $4,271 |
| Total Net Assets Fund Balance | $129,969 | $134,240 | ▲ $4,271 |
| Total Liabilities and Net Assets / Fund Balance | $209,054 | $188,898 | ▼ $20,156 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $53,442 | $36,532 | $89,974 |
| Leasehold Improvements | $57,943 | $18,461 | $76,404 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Derek Holser | Executive Vi | FT | $46,125 | $46,125 |
| Name | Title |
|---|---|
| Mark Edwards | Chairman |
| Pastor Steve Kelly | President |
| Bert Wimberley | Director |
| Gayle Techanchuk | Director |
| Jeff Tourault | Director |
| Jurgen Matthesius | Director |
| Kevin Green | Director |
| James Shupert | Secretary |
| Mark Hopkins | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $263,448 |
| Other Expenses | $249,877 |
| Total Fundraising Expense | $10,791 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $168,529 | $19,827 | $9,913 | $198,269 |
| Occupancy | $64,800 | $7,200 | - | $72,000 |
| Current Officers, Directors, Trustees, and Key Employees | $42,863 | $4,762 | - | $47,625 |
| All Other Expenses | $23,639 | $1,920 | - | $25,559 |
| Depreciation Depletion | $21,299 | $2,367 | - | $23,666 |
| Payroll Taxes | $14,921 | $1,755 | $878 | $17,554 |
| Information Technology | $5,388 | $9,579 | - | $14,967 |
| Other Expenses | $8,484 | $22,724 | - | $8,484 |
| Fees for Services Accounting | $7,286 | $810 | - | $8,096 |
| Office Expenses | - | $3,731 | - | $3,731 |
| Travel | $3,142 | - | - | $3,142 |
| Interest | $970 | $108 | - | $1,078 |
| Total Functional Expenses | $427,751 | $74,783 | $10,791 | $513,325 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $527,325 |
| Expenses per Audited Statements | $513,325 |
| Total Expenses per Form 990 | $513,325 |
| Expenses Not Reported on Form 990 | $14,000 |
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $12,121 |
| Fundraising Direct Expenses | $4,258 |
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Payables - Other | $6,000 |
“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.”
“The mission of wave leadership college, as an experience-rich, academically-adept institution of biblical higher education, is to equip christian leaders to build the local church and transform their communities for the glory of god.”
“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, 2017.”
“The organization's federal return of organization exempt from income tax (form 990) for 2016, 2015, 2014, and 2013 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 | 12305 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 18760 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 34580 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 52031 |
| 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 BUILD THE LOCAL CHURCH AND TRANSFORM THEIR COMMUNITIES FOR THE GLORY OF GOD. |
| IRS990/AllOtherContributionsAmt | 0 | 183316 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 1920 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 23639 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 25559 |
| 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 | 40361 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 25482 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 4762 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 42863 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 47625 |
| 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 | 183316 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 249877 |
| IRS990/CYOtherRevenueAmt | 0 | 7863 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 326417 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 4271 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 263448 |
| IRS990/CYTotalExpensesAmt | 0 | 513325 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 10791 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 517596 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 4725 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 13887 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 2367 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 21299 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 23666 |
| 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 | 11 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 427751 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 810 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 7286 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 8096 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 2.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 40.00 |
| 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/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | 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/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | PASTOR STEVE KELLY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | MARK EDWARDS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | JAMES SHUPERT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | GAYLE TECHANCHUK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | BERT WIMBERLEY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | JURGEN MATTHESIUS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | MARK HOPKINS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | KEVIN GREEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | JEFF TOURAULT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | DEREK HOLSER |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| 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/ReportableCompFromOrgAmt | 9 | 46125 |
| 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/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | EXECUTIVE VI |
| 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 | 4258 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 12121 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 9 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 521854 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 9 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 9579 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 5388 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 14967 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 108 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 970 |
| IRS990/InterestGrp/TotalAmt | 0 | 1078 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 15 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 54993 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 134113 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 111385 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 166378 |
| 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 BUILD THE LOCAL CHURCH AND TRANSFORM THEIR COMMUNITIES FOR THE GLORY OF GOD. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 41352 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 16011 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 129969 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 134240 |
| IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt | 0 | 7863 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 7863 |
| IRS990/NoncashContributionsAmt | 0 | 18 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 7200 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 64800 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 72000 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 3731 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 3731 |
| 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 | LIBRARY |
| IRS990/OtherExpensesGrp/Desc | 3 | ACADEMIC SUPPORT EXPENSES |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 22724 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 57100 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 9330 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 8484 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 57100 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 22724 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 9330 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 8484 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 20703 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 6000 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 9913 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 19827 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 168529 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 198269 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 878 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 1755 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 14921 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 17554 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| 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 | 258525 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 67892 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 258525 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 67892 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 87665 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYOtherExpensesAmt | 0 | 202046 |
| IRS990/PYOtherRevenueAmt | 0 | -269 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 354135 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 57374 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 182111 |
| IRS990/PYTotalExpensesAmt | 0 | 384157 |
| IRS990/PYTotalRevenueAmt | 0 | 441531 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 4271 |
| 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 |
| IRS990/RevenueAmt | 0 | 326417 |
| IRS990ScheduleA/SchoolInd | 0 | X |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/DonatedServicesAndUseFcltsAmt | 0 | 14000 |
| IRS990ScheduleD/DonatedServicesUseFcltsAmt | 0 | 14000 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 53442 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 36532 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 89974 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 14000 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 513325 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 57943 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 18461 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 76404 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 6000 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | PAYABLES - OTHER |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 14000 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 517596 |
| 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, 2017. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | THE ORGANIZATION'S FEDERAL RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) FOR 2016, 2015, 2014, AND 2013 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 | 111385 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 513325 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 6000 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 517596 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 531596 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 527325 |
| 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 MISSION OF WAVE LEADERSHIP COLLEGE, AS AN EXPERIENCE-RICH, ACADEMICALLY-ADEPT INSTITUTION OF BIBLICAL HIGHER EDUCATION, IS TO EQUIP CHRISTIAN LEADERS TO BUILD THE LOCAL CHURCH AND TRANSFORM THEIR COMMUNITIES FOR THE GLORY OF GOD. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE BOARD REVIEWS AND APPROVES THE 990 PREPARED BY A QUALIFIED INDEPENDENT ACCOUNTING FIRM. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ANNUALLY THE BOARD REVIEWS THE CONFLICT OF INTEREST POLICY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990 - ORGANIZATION'S MISSION |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PAGE 6, PART VI, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PAGE 6, PART VI, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PAGE 6, PART VI, LINE 19 |
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| 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 | 209054 |
| IRS990/TotalAssetsEOYAmt | 0 | 188898 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 209054 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 188898 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 183316 |
| IRS990/TotalEmployeeCnt | 0 | 11 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 10791 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 74783 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 427751 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 513325 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 79085 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 54658 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 79085 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 54658 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 129969 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 134240 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 427751 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 326417 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 46125 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 7863 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 326417 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 517596 |
| IRS990/TotalVolunteersCnt | 0 | 22 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 209054 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 188898 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 3142 |
| IRS990/TravelGrp/TotalAmt | 0 | 3142 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UnrestrictedNetAssetsGrp/BOYAmt | 0 | 129969 |
| IRS990/UnrestrictedNetAssetsGrp/EOYAmt | 0 | 134240 |
| 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 | 9 |
| IRS990/VotingMembersIndependentCnt | 0 | 9 |
| 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 | 2017-10-14 |
| 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 |
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Displayed year
2017 • Form 990Detailed filing. Detailed filing data is available for this year.