Civic Intelligence

Seventh Wave Magazine Inc.

990EZ • Fiscal year 2019 • EIN 47-4469984

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

Organization ProfileTHESEVENTHWAVE.CO
637 3rd Ave W No 309Seattle, WA 98119

(785) 424-3934

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

22nd percentile

-12%

Higher net margin than 22% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

20th percentile

-21%

Faster asset growth than 20% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

60th percentile

7.6%

Faster revenue growth than 60% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$7,903

Down $2,158 (-21%) from 2018

Net Assets

Down

$7,903

Down $2,158 (-21%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin22nd percentile

Revenue

Up

$18,546

Up $1,316 (+7.6%) from 2018

Expenses

Down

$20,704

Down $39,887 (-66%) from 2018

Net Income

Up

-$2,158

Up $41,203 (+95%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth20th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15K$10K$5.0K$0Assets 2018: $10,061Liabilities 2018: $0Net Assets 2018: $10,0612018Assets 2019: $7,903Liabilities 2019: $0Net Assets 2019: $7,9032019Assets 2020: $5,281Liabilities 2020: $0Net Assets 2020: $5,2812020Assets 2021: $3,280Liabilities 2021: $0Net Assets 2021: $3,2802021Assets 2022: $5,269Liabilities 2022: $0Net Assets 2022: $5,2692022Assets 2023: $8,326Liabilities 2023: $0Net Assets 2023: $8,3262023Assets 2024: $1,343Liabilities 2024: $0Net Assets 2024: $1,3432024

Highlighted filing

2019

Assets$7,903
Liabilities$0
Net Assets$7,903
Open 2019 Filing

Operations Trend

Revenue Growth60th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KRevenue 2018: $17,230Expenses 2018: $60,591Net Income 2018: -$43,3612018Revenue 2019: $18,546Expenses 2019: $20,704Net Income 2019: -$2,1582019Revenue 2020: $24,123Expenses 2020: $26,745Net Income 2020: -$2,6222020Revenue 2021: $21,066Expenses 2021: $23,067Net Income 2021: -$2,0012021Revenue 2022: $18,428Expenses 2022: $16,439Net Income 2022: $1,9892022Revenue 2023: $33,819Expenses 2023: $30,762Net Income 2023: $3,0572023Revenue 2024: $60,593Expenses 2024: $67,576Net Income 2024: -$6,9832024

Highlighted filing

2019

Revenue$18,546
Expenses$20,704
Net Income-$2,158
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.1
Gross Receipts
$18,546
Mission and Program Overview

Mission

To educate the public and advance the arts by publishing a digital and print magazine featuring art, essays, and editorials on topics relating to social issues,conducting performances of literature, theater, dance, and other performing arts, and conducting educational lectures, panels, workshops and discussion forums about the arts and social issues.

Program Services

DescriptionGrantsExpenses
PUBLISHING OF MAGAZINE AND PRESENTATION OF PERFORMANCES RELATING TO SOCIAL ISSUES.$0$20,154
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRETT RAWSONVice President And Treasurer-$0--
JOYCE CHENPresident-$0--
KRISTA GAMPPERSecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Seventh Wave Magazine Inc
EIN
47-4469984
Phone
7854243934
Address
637 3RD AVE W NO 309, SEATTLE, WA 98119

Signing Officer

Name
Joyce Chen
Title
President
Phone
7854243934
Signed
2020-11-16
Discuss with paid preparer
Yes

Preparer

Firm
Skody Scot & Co Cpas Pc
Address
520 EIGHTH AVE SUITE 2200, NEW YORK, NY 10018
Preparer
William Skody
Phone
2129671100
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: marketing. Amount: 1,873. Description: website. Amount: 822. Description: event costs. Amount: 1,699. Description: bank fees & processing fees. Amount: 550. Description: program expense. Amount: 15,635. Total to form 990-ez, line 16: 20,579.”

Raw XML Appendix139 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SEATTLE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd098119
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IRS990EZ/GrossReceiptsAmt018546
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IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt010061
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0VICE PRESIDENT AND TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt020579
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO EDUCATE THE PUBLIC AND ADVANCE THE ARTS BY PUBLISHING A DIGITAL AND PRINT MAGAZINE FEATURING ART, ESSAYS, AND EDITORIALS ON TOPICS RELATING TO SOCIAL ISSUES,CONDUCTING PERFORMANCES OF LITERATURE, THEATER, DANCE, AND OTHER PERFORMING ARTS, AND CONDUCTING EDUCATIONAL LECTURES, PANELS, WORKSHOPS AND DISCUSSION FORUMS ABOUT THE ARTS AND SOCIAL ISSUES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PUBLISHING OF MAGAZINE AND PRESENTATION OF PERFORMANCES RELATING TO SOCIAL ISSUES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt020154
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
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IRS990EZ/TotalProgramServiceExpensesAmt020154
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IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt018546
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt012231
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt05500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt03080
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt039358
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt05000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt039358
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt018546
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt012231
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt03080
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt039358
IRS990ScheduleA/TotalSupportAmt039358
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: MARKETING. AMOUNT: 1,873. DESCRIPTION: WEBSITE. AMOUNT: 822. DESCRIPTION: EVENT COSTS. AMOUNT: 1,699. DESCRIPTION: BANK FEES & PROCESSING FEES. AMOUNT: 550. DESCRIPTION: PROGRAM EXPENSE. AMOUNT: 15,635. TOTAL TO FORM 990-EZ, LINE 16: 20,579.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/BusinessOfficerGrp/PersonNm0JOYCE CHEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07854243934
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-16
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ReturnHeader/Filer/EIN0474469984
ReturnHeader/Filer/PhoneNum07854243934
ReturnHeader/Filer/USAddress/AddressLine1Txt0637 3RD AVE W NO 309
ReturnHeader/Filer/USAddress/CityNm0SEATTLE
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0133597814
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SKODY SCOT & CO CPAS PC
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010018
ReturnHeader/PreparerPersonGrp/PhoneNum02129671100
ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM SKODY
ReturnHeader/ReturnTs02020-11-16T21:01:56-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,903
Liabilities
$0
Net assets
$7,903
Revenue
$18,546
Expenses
$20,704
Net income
-$2,158
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.34$0.00$1.34$60.6$67.6$6.98
2023Detailed filing. Detailed filing data is available for this year.$8.33$0.00$8.33$33.8$30.8$3.06
2022Detailed filing. Detailed filing data is available for this year.$5.27$0.00$5.27$18.4$16.4$1.99
2021Detailed filing. Detailed filing data is available for this year.$3.28$0.00$3.28$21.1$23.1$2.00
2020Detailed filing. Detailed filing data is available for this year.$5.28$0.00$5.28$24.1$26.7$2.62
2019Detailed filing. Detailed filing data is available for this year.$7.90$0.00$7.90$18.5$20.7$2.16
2018Detailed filing. Detailed filing data is available for this year.$10.1$0.00$10.1$17.2$60.6$43.4