Liabilities / Assets
59th percentile
Tied with the lowest-debt nonprofits in its peer group.
Real Waves Radio Network
EIN 47-5351161 • 501(c)3 • Denton, TX
Profile
Operating a low-power FM community radio station.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
61st percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
78th percentile
Higher net margin than 78% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
Up$41,961
Up $12,729 (+44%) from 2023
Liabilities
Down$0
Down $11 (-100%) from 2023
Net Assets
Up$41,961
Up $12,740 (+44%) from 2023
Revenue
Down$52,895
Down $2,146 (-3.9%) from 2023
Expenses
Down$40,155
Down $3,737 (-8.5%) from 2023
Net Income
Up$12,740
Up $1,591 (+14%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $41,961
- Liabilities
- $0
- Net assets
- $41,961
- Revenue
- $52,895
- Expenses
- $40,155
- Net income
- $12,740
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Nov 14, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $73,267
Mission and Program Overview
Mission
Operating a low-power FM community radio station.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| We broadcast 24/7 - terrestrially in Denton, TX, and digitally worldwide, featuring programming that is curated by the community. | $0 | $40,155 |
| We organize and host community events that also support our fundraising and increase awareness of our cause. | $0 | $15,342 |
| We sell merchandise at events to increase awareness of our cause, and we provide merchandise gifts to subscribed monthly donors. | $0 | $5,030 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Peter Salisbury | Chair | PT | $0 | - | - |
| Sashenka Lopez | Vice Chair | PT | $0 | - | - |
| Rachel Weaver | Treasurer | PT | $0 | - | - |
| Ashley Bender | Secretary | PT | $0 | - | - |
| Michael Munywoki | Finance & Accounting | PT | $0 | - | - |
| Paul Slavens | Announcer | - | $0 | - | - |
| Topher Jones | Program Webpage Management | - | $0 | - | - |
| Erin Findley | Ideator | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Real Waves Radio Network
- EIN
- 47-5351161
- Phone
- 2142086462
- Address
- 317 S ELM ST, DENTON, TX 76201
Signing Officer
- Name
- Michael Munywoki
- Title
- Finance & Accounting
- Phone
- 9405949508
- Signed
- 2025-11-14
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 16
“Description;Amount^Advertising and Promotion;165|Computer Hosting and Domain;2331|Depreciation;1273|Equipment Expense not fixed assets;1637|Insurance Other;886|Insurance Property;4820|Fees Charges and Subscriptions;2484|Music Royalty Payments;2132|Travel Expense;1152^Total;16880^”
Form 990-EZ, Part II, Line 24
“Description;EOY Amount^Equipment Gross;19198|Deposits;300|Accumulated Depreciation;-10576|Software;288|Inventory;6047^Total;15257^”
Raw XML Appendix244 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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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description;Amount^Advertising and Promotion;165|Computer Hosting and Domain;2331|Depreciation;1273|Equipment Expense not fixed assets;1637|Insurance Other;886|Insurance Property;4820|Fees Charges and Subscriptions;2484|Music Royalty Payments;2132|Travel Expense;1152^Total;16880^ |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description;EOY Amount^Equipment Gross;19198|Deposits;300|Accumulated Depreciation;-10576|Software;288|Inventory;6047^Total;15257^ |
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| ReasonableCauseExplanation/ExplanationTxt | 0 | Filing was timely, NOT late. An appropriate extension was filed by May 15, 2025. |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
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| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Finance & Accounting |
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| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-14 |
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| ReturnHeader/Filer/BusinessNameControlTxt | 0 | REAL |
| ReturnHeader/Filer/EIN | 0 | 475351161 |
| ReturnHeader/Filer/PhoneNum | 0 | 2142086462 |
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| ReturnHeader/Filer/USAddress/CityNm | 0 | DENTON |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
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| ReturnHeader/ReturnTs | 0 | 2025-11-15T00:36:29-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
Document Assets
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