Liabilities / Assets
60th 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
62nd percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
77th percentile
Higher net margin than 77% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
85th percentile
Faster asset growth than 85% of similar nonprofits.
Revenue Growth
48th percentile
Faster revenue growth than 48% of similar nonprofits.
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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