Liabilities / Assets
74th percentile
Higher debt load relative to assets than 74% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
74th percentile
Higher debt load relative to assets than 74% of similar nonprofits.
Liabilities / Revenue
59th percentile
Higher debt load relative to revenue than 59% of similar nonprofits.
Net Margin
35th percentile
Higher net margin than 35% of similar nonprofits.
Top Officer Pay
66th percentile
Higher top officer pay than 66% of similar nonprofits.
Top officer pay equals 9.0% of source-year revenue.
Asset Growth
12th percentile
Faster asset growth than 12% of similar nonprofits.
Revenue Growth
59th percentile
Faster revenue growth than 59% of similar nonprofits.
Assets
Down$160,148
Down $28,750 (-15%) from 2017
Net Assets
Down$125,109
Down $9,131 (-6.8%) from 2017
Liabilities
Down$35,039
Down $19,619 (-36%) from 2017
Revenue
Up$564,109
Up $46,513 (+9.0%) from 2017
Expenses
Up$573,240
Up $59,915 (+12%) from 2017
Net Income
Down-$9,131
Down $13,402 (-314%) from 2017
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 | $111,385 | $95,307 | ▼ $16,078 |
| Accounts Receivable | $52,031 | $58,652 | ▲ $6,621 |
| Cash and Non-Interest-Bearing Accounts | $25,482 | $6,189 | ▼ $19,293 |
| Total Assets | $188,898 | $160,148 | ▼ $28,750 |
| Liabilities | |||
| Other Liabilities | $6,000 | $18,000 | ▲ $12,000 |
| Accounts Payable and Accrued Expenses | $18,760 | $15,849 | ▼ $2,911 |
| Deferred Revenue | $13,887 | - | - |
| Mortgage Notes Payable Secured by Investment Property | $16,011 | $1,190 | ▼ $14,821 |
| Total Liabilities | $54,658 | $35,039 | ▼ $19,619 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $134,240 | $125,109 | ▼ $9,131 |
| Total Net Assets Fund Balance | $134,240 | $125,109 | ▼ $9,131 |
| Total Liabilities and Net Assets / Fund Balance | $188,898 | $160,148 | ▼ $28,750 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Leasehold Improvements | $57,087 | $35,109 | $92,196 |
| Equipment | $38,220 | $51,754 | $89,974 |
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Derek Holser | Executive Vi | FT | $50,792 | $50,792 |
| Name | Title |
|---|---|
| Reverend Mark Edwards | Chairman |
| Reverend Steve Kelly | President |
| Jeff Tourault | Director |
| Reverend Bert Wimberly | Director |
| Reverend Gayle Techanchuk | Director |
| Reverend Kevin Green | Director |
| Robert Slowik | Secretary |
| Reverend Mark Hopkins | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $302,267 |
| Salaries, Compensation, and Employee Benefits | $270,973 |
| Total Fundraising Expense | $11,018 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $170,786 | $20,093 | $10,046 | $200,925 |
| Occupancy | $64,800 | $7,200 | - | $72,000 |
| Current Officers, Directors, Trustees, and Key Employees | $45,713 | $5,079 | - | $50,792 |
| Depreciation Depletion | $28,684 | $3,187 | - | $31,871 |
| All Other Expenses | $27,182 | $682 | - | $27,864 |
| Other Expenses | $19,823 | $29,062 | - | $19,823 |
| Payroll Taxes | $16,367 | $1,926 | $963 | $19,256 |
| Information Technology | $6,475 | $11,511 | - | $17,986 |
| Office Expenses | - | $7,841 | - | $7,841 |
| Fees for Services Accounting | $5,265 | $585 | - | $5,850 |
| Travel | $3,239 | - | - | $3,239 |
| Interest | $379 | $42 | - | $421 |
| Insurance | $149 | $18 | $9 | $176 |
| Total Functional Expenses | $474,996 | $87,226 | $11,018 | $573,240 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $585,240 |
| Expenses per Audited Statements | $573,240 |
| Total Expenses per Form 990 | $573,240 |
| Expenses Not Reported on Form 990 | $12,000 |
| Line Item | Amount |
|---|---|
| Fundraising Gross Income | $13,110 |
| Fundraising Direct Expenses | $4,173 |
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Payables - Other | $18,000 |
“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, 2018.”
“The organization's federal return of organization exempt from income tax (form 990) for 2017, 2016, 2015, and 2014 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 | 18760 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 15849 |
| IRS990/AccountsReceivableGrp/BOYAmt | 0 | 52031 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 58652 |
| 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 | 164559 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 682 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 27182 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 27864 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | ORGANIZATION |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7574016125 |
| 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 | 25482 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 6189 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 5079 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 45713 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 50792 |
| 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 | 164559 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 302267 |
| IRS990/CYOtherRevenueAmt | 0 | 8937 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 390613 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -9131 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 270973 |
| IRS990/CYTotalExpensesAmt | 0 | 573240 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 11018 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 564109 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 13887 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 3187 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 28684 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 31871 |
| 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 | 12 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 474996 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 585 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 5265 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 5850 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| 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 | 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/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/PersonNm | 0 | REVEREND MARK EDWARDS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | REVEREND STEVE KELLY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | ROBERT SLOWIK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | REVEREND MARK HOPKINS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | JEFF TOURAULT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | REVEREND BERT WIMBERLY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | REVEREND KEVIN GREEN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | REVEREND GAYLE TECHANCHUK |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | 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 | 50792 |
| 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 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | SECRETARY |
| 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 | 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 | 4173 |
| IRS990/FundraisingGrossIncomeAmt | 0 | 13110 |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 8 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 568282 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | true |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 8 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 11511 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 6475 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 17986 |
| IRS990/InsuranceGrp/FundraisingAmt | 0 | 9 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 18 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 149 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 176 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 42 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 379 |
| IRS990/InterestGrp/TotalAmt | 0 | 421 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 11 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 86863 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 111385 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 95307 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 182170 |
| 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 | 16011 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 1190 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 134240 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 125109 |
| IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt | 0 | 8937 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 8937 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 7200 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 64800 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 72000 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 7841 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 7841 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherExpensesGrp/Desc | 0 | ADJUNCT PROFESSORS |
| IRS990/OtherExpensesGrp/Desc | 1 | STUDENT SERVICES |
| IRS990/OtherExpensesGrp/Desc | 2 | OPERATIONAL & MAINT |
| IRS990/OtherExpensesGrp/Desc | 3 | ACCREDITATION |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 29062 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 53288 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 32846 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 19823 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 53288 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 32846 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 29062 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 19823 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 6000 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 18000 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 10046 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 20093 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 170786 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 200925 |
| IRS990/OtherWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 963 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 1926 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 16367 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 19256 |
| 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 | 285752 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 104861 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 285752 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 104861 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 183316 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYOtherExpensesAmt | 0 | 249877 |
| IRS990/PYOtherRevenueAmt | 0 | 7863 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 326417 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 4271 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 263448 |
| IRS990/PYTotalExpensesAmt | 0 | 513325 |
| IRS990/PYTotalRevenueAmt | 0 | 517596 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -9131 |
| 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 | true |
| IRS990ScheduleD/DonatedServicesAndUseFcltsAmt | 0 | 12000 |
| IRS990ScheduleD/DonatedServicesUseFcltsAmt | 0 | 12000 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 38220 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 51754 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 89974 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 12000 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 573240 |
| IRS990ScheduleD/FootnoteTextInd | 0 | X |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 57087 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 35109 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 92196 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 18000 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | PAYABLES - OTHER |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 12000 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 564109 |
| 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, 2018. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | THE ORGANIZATION'S FEDERAL RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) FOR 2017, 2016, 2015, AND 2014 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 | 95307 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 573240 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 18000 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 564109 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 576109 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 585240 |
| 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 |
| 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 | 188898 |
| IRS990/TotalAssetsEOYAmt | 0 | 160148 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 188898 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 160148 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 164559 |
| IRS990/TotalEmployeeCnt | 0 | 12 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 11018 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 87226 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 474996 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 573240 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 54658 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 35039 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 54658 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 35039 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 134240 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 125109 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 474996 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 390613 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 50792 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 8937 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 390613 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 564109 |
| IRS990/TotalVolunteersCnt | 0 | 22 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 188898 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 160148 |
| IRS990/TravelGrp/ProgramServicesAmt | 0 | 3239 |
| IRS990/TravelGrp/TotalAmt | 0 | 3239 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UnrestrictedNetAssetsGrp/BOYAmt | 0 | 134240 |
| IRS990/UnrestrictedNetAssetsGrp/EOYAmt | 0 | 125109 |
| 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 | 2019-02-21 02:37:17Z |
| 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 | 2018-11-12 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | WAVE COLLEGE INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | WAVE |
| ReturnHeader/Filer/EIN | 0 | 274269892 |
| ReturnHeader/Filer/PhoneNum | 0 | 7574016125 |
| 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/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 7F96481C5B530990C7F638757D70C235DB316E18 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 11D08EB2F5BE2EC3AE7D51D9233745753A7734C1 |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 167.68.16.49 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2018-11-15 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CS |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 07:20:50 |
| 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 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2018 • Form 990Detailed filing. Detailed filing data is available for this year.