Liabilities / Assets
44th percentile
Higher debt load relative to assets than 44% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
44th percentile
Higher debt load relative to assets than 44% of similar nonprofits.
Liabilities / Revenue
59th percentile
Higher debt load relative to revenue than 59% of similar nonprofits.
Net Margin
27th percentile
Higher net margin than 27% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 15.7% of source-year revenue.
Asset Growth
48th percentile
Faster asset growth than 48% of similar nonprofits.
Revenue Growth
18th percentile
Faster revenue growth than 18% of similar nonprofits.
Assets
Up$3,201,198
Up $106,587 (+3.4%) from 2023
Net Assets
Up$3,079,694
Up $128,252 (+4.3%) from 2023
Liabilities
Down$121,504
Down $21,665 (-15%) from 2023
Revenue
Down$916,200
Down $156,839 (-15%) from 2023
Expenses
Up$969,262
Up $182,487 (+23%) from 2023
Net Income
Down-$53,062
Down $339,326 (-119%) from 2023
WAVE Foundation strives to excite, engage and educate our community about the wonders of aquatic life and the importance of conservation.
WAVE Foundation inspires and fosters environmental stewards of aquatic life through education, conservation, and volunteerism.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $1,828,935 | $1,991,367 | ▲ $162,432 |
| Land, Buildings, and Equipment, Net | $4,749 | $674,518 | ▲ $669,769 |
| Savings and Temporary Cash Investments | $161,727 | $432,628 | ▲ $270,901 |
| Cash and Non-Interest-Bearing Accounts | $1,070,949 | $78,463 | ▼ $992,486 |
| Accounts Receivable | $28,251 | $24,222 | ▼ $4,029 |
| Total Assets | $3,094,611 | $3,201,198 | ▲ $106,587 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $143,169 | $121,504 | ▼ $21,665 |
| Total Liabilities | $143,169 | $121,504 | ▼ $21,665 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $2,726,227 | $2,959,169 | ▲ $232,942 |
| Net Assets With Donor Restrictions | $225,215 | $120,525 | ▼ $104,690 |
| Total Net Assets Fund Balance | $2,951,442 | $3,079,694 | ▲ $128,252 |
| Total Liabilities and Net Assets / Fund Balance | $3,094,611 | $3,201,198 | ▲ $106,587 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $612,503 | $11,704 | $624,207 |
| Other Land Buildings | $59,059 | $157,805 | $216,864 |
| Equipment | $2,956 | $54,281 | $57,237 |
| Land | $0 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Tricia Watts | Executive Director | FT | $127,011 | $17,213 | $144,224 |
| Trisha Watt | - | - | $127,011 | $17,213 | $144,224 |
| Julie Uffman | Business Manager | PT | $39,828 | $2,899 | $42,727 |
| Name | Title |
|---|---|
| Jeff Weisker | Chair |
| Greg Flasch | Vice Chair |
| Dudley Taft | Lifetime Member |
| Anthony Serelakis | Member |
| Khalid Kareem | Member |
| Kim Snyder | Member |
| Marcus Laifook | Member |
| Stepahanie Koch Snyder | Member |
| Tabitha Tolliver | Member |
| Todd Klesch | Member |
| Yashna Patel | Member |
| Zach Weber | Member |
| Jennifer Gothard | Secretary |
| Jacob Purcell | Treasurer |
| Contribution Type | Contribution Count | Reported Amount |
|---|---|---|
| Other Non Cash Contri Table | 162 | $68,337 |
| Other Non Cash Contri Table | 29 | $29,741 |
| Other Non Cash Contri Table | 1 | $12,000 |
| Securities Publicly Traded | 1 | $1,174 |
| Other Non Cash Contri Table | 1 | $253 |
| Total Noncash Contributions | 194 | $111,505 |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $722,961 |
| Other Expenses | $224,198 |
| Total Fundraising Expense | $98,685 |
| Grants and Similar Amounts Paid | $22,103 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Comp Disqual Persons | $388,962 | $11,079 | $0 | $400,041 |
| Current Officers, Directors, Trustees, and Key Employees | $61,160 | $68,957 | $56,833 | $186,950 |
| Other Employee Benefits | $68,455 | $14,181 | $9,454 | $92,090 |
| Occupancy | $46,901 | $1,887 | $1,258 | $50,046 |
| Payroll Taxes | $33,558 | $6,193 | $4,129 | $43,880 |
| Office Expenses | $11,480 | $6,809 | $7,933 | $26,222 |
| Insurance | $11,719 | $7,049 | $4,699 | $23,467 |
| Depreciation Depletion | $10,072 | $6,460 | $4,307 | $20,839 |
| Information Technology | $12,959 | $4,421 | $2,947 | $20,327 |
| Foreign Grants | $12,000 | - | - | $12,000 |
| Grants to Domestic Orgs | $10,103 | - | - | $10,103 |
| Travel | $6,591 | $1,019 | $680 | $8,290 |
| Other Expenses | $0 | $0 | $5,507 | $5,507 |
| Fees for Services Other | $0 | $3,941 | $0 | $3,941 |
| Fees for Services Accounting | $0 | $3,525 | $0 | $3,525 |
| Advertising | $0 | $1,445 | $0 | $1,445 |
| Total Functional Expenses | $732,203 | $138,374 | $98,685 | $969,262 |
| Line Item | Amount |
|---|---|
| Fundraising Direct Expenses | $163,205 |
| Fundraising Gross Income | $110,625 |
| Professional Fundraising Fees | $0 |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Nauti Nite | $187,495 | $68,285 | $10,995 | $57,290 |
| Putt for Penguines | $86,126 | $36,000 | $4,502 | $31,498 |
| Total Events | $273,621 | $104,285 | $156,433 | $-52,148 |
“Part I, Line 1: Programming inititatives exist in three core areas: education, conservation and volunteerism. WAVE provides unique education curriculum and experiences for students of all ages; supports and provides leadership in local, national, and global conservation efforts, and has a vibrant program with over 400 dedicated volunteers. Each of WAVEs programs aims to increase awareness, curiosity and respect of aquatic animals and their environments. In doing so, we create unique opportunities for the community to experience and participate in our programs.”
“WAVE utilitzes another Organization to transmit and pay the salaries of the individuals who work for the WAVE Foundation.”
“Prior to signing and filing the return, it will be sent to the board to review.”
“Upon request.”
“On at least a yearly basis, each board member completes and signs a conflict of interest statement.”
“The board considers internal budgeting and industry data when setting compensation.”
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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| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 223790 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 4749 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 674518 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 898308 |
| IRS990/LegalDomicileStateCd | 0 | KY |
| 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 | WAVE Foundation inspires and fosters environmental stewards of aquatic life through education, conservation, and volunteerism. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | true |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 2951442 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 3079694 |
| IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt | 0 | -52580 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | -52580 |
| IRS990/NetIncmFromFundraisingEvtGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/NetIncomeOrLossGrp/ExclusionAmt | 0 | 49965 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 49965 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 181314 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 2726227 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 2959169 |
| IRS990/NoncashContributionsAmt | 0 | 111505 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/FundraisingAmt | 0 | 1258 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 1887 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 46901 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 50046 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 7933 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 6809 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 11480 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 26222 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 9454 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 14181 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 68455 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 92090 |
| IRS990/OtherExpensesGrp/Desc | 0 | Other direct program costs |
| IRS990/OtherExpensesGrp/Desc | 1 | Staff and board development |
| IRS990/OtherExpensesGrp/Desc | 2 | Bad debt |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 938 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 2 | 5507 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 1408 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 0 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 43242 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 15001 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 0 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 43242 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 17347 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 5507 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 1 | 900099 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 2 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | Volunteer income |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | Miscellaneous |
| IRS990/OtherRevenueMiscGrp/Desc | 2 | Insurance proceeds |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 0 | 3699 |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 1 | 2091 |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 2 | 20741 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 1 | 0 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 2 | 0 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 3699 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | 2091 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 2 | 20741 |
| IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt | 1 | 0 |
| IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt | 2 | 0 |
| IRS990/OtherRevenueTotalAmt | 0 | 26531 |
| IRS990/OwnWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 4129 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 6193 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 33558 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 43880 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrincipalOfficerNm | 0 | Tricia Watts |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 611710 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 1 | 611710 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 2 | 611710 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Education |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | Conservation |
| IRS990/ProgramServiceRevenueGrp/Desc | 2 | Aquarium services |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 1 | 0 |
| IRS990/ProgramServiceRevenueGrp/ExclusionAmt | 2 | 0 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 202716 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 40346 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 2 | 135000 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 1 | 0 |
| IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt | 2 | 0 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | Conservation programs - Provides funding for conservation projects locally, nationally, and internationally. Also includes merchandise sales which include animal art, animal adoptions, shark tooth necklaces, coin drops and Kentucky wild cards. Funds raised from the sales of these items help to support our conservation effort. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 33148 |
| IRS990/ProgSrvcAccomActy2Grp/GrantAmt | 0 | 22103 |
| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 55703 |
| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | Volunteer programs - Recruit, on-board, train and schedule volunteers to provide education to Newport Aquarium guests as well as the Greater Cincinnati area. Volunteer programs include exhibit interpreters, dive services, summer naturalist teem programming, outreach education specialists, husbandry aids and episodic volunteers to support our fundraising efforts. |
| IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt | 0 | 87981 |
| IRS990/ProgSrvcAccomActy3Grp/GrantAmt | 0 | 0 |
| IRS990/ProgSrvcAccomActy3Grp/RevenueAmt | 0 | 3699 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 770079 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 55485 |
| IRS990/PYInvestmentIncomeAmt | 0 | 42306 |
| IRS990/PYOtherExpensesAmt | 0 | 167189 |
| IRS990/PYOtherRevenueAmt | 0 | 2804 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 257850 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 286264 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 564101 |
| IRS990/PYTotalExpensesAmt | 0 | 786775 |
| IRS990/PYTotalRevenueAmt | 0 | 1073039 |
| IRS990/QuidProQuoContributionsInd | 0 | true |
| IRS990/QuidProQuoContriDisclInd | 0 | true |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -53062 |
| 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 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RevenueAmt | 0 | 202716 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 161727 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 432628 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt | 0 | 250062 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt | 0 | 426004 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt | 0 | 477060 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt | 0 | 231854 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt | 0 | 245492 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 1630472 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | Other Income Part III, Line 12 Description: Miscellaneous 2020: 0. 2021: 373. 2022: 2897. 2023: 4343. 2024: 2091. Description: Insurance proceeds 2020: 0. 2021: 0. 2022: 0. 2023: 0. 2024: 20741. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | Pt III Ln 12 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 447377 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 769800 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 755792 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 398418 |
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Displayed year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.