Civic Intelligence

La Ola Ministries-The Wave

990EZ • Fiscal year 2017 • EIN 80-0178488

Jan 01, 2017 to Dec 31, 2017 • Filed on Jun 28, 2018

5802 Bob Bullock C1 328c-157Laredo, TX 78041

(931) 933-5624

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2017

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2017

Net Margin

74th percentile

18%

Higher net margin than 74% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

79th percentile

$6,666

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

79th percentile

34%

Faster asset growth than 79% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

31st percentile

-12%

Faster revenue growth than 31% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$104,557

Up $26,460 (+34%) from 2016

Net Assets

Up

$104,557

Up $26,460 (+34%) from 2016

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$164,897

Down $21,930 (-12%) from 2016

Expenses

Up

$135,683

Up $23,149 (+21%) from 2016

Net Income

Down

$29,214

Down $45,079 (-61%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2013: $3,824Liabilities 2013: $0Net Assets 2013: $3,8242013Assets 2014: $5,205Liabilities 2014: $02014Assets 2015: $1,465Net Assets 2015: $1,4652015Assets 2016: $78,097Net Assets 2016: $78,0972016Assets 2017: $104,557Net Assets 2017: $104,5572017Assets 2018: $145,627Liabilities 2018: $0Net Assets 2018: $145,6272018Assets 2019: $328,535Liabilities 2019: $0Net Assets 2019: $328,5352019Assets 2020: $455,061Liabilities 2020: $0Net Assets 2020: $455,0612020Assets 2021: $798,246Liabilities 2021: $0Net Assets 2021: $798,2462021Assets 2022: $927,002Liabilities 2022: $4,097Net Assets 2022: $922,9052022Assets 2023: $1,199,950Liabilities 2023: $0Net Assets 2023: $1,199,9502023Assets 2024: $1,365,330Liabilities 2024: $2,225Net Assets 2024: $1,363,1052024

Highlighted filing

2017

Assets$104,557
Liabilities-
Net Assets$104,557

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2013: $95,781Expenses 2013: $95,804Net Income 2013: -$232013Revenue 2014: $121,588Expenses 2014: $122,444Net Income 2014: -$8562014Revenue 2015: $107,118Expenses 2015: $110,858Net Income 2015: -$3,7402015Revenue 2016: $186,827Expenses 2016: $112,534Net Income 2016: $74,2932016Revenue 2017: $164,897Expenses 2017: $135,683Net Income 2017: $29,2142017Revenue 2018: $222,323Expenses 2018: $181,003Net Income 2018: $41,3202018Revenue 2019: $407,444Expenses 2019: $224,536Net Income 2019: $182,9082019Revenue 2020: $391,192Expenses 2020: $265,548Net Income 2020: $125,6442020Revenue 2021: $577,786Expenses 2021: $260,204Net Income 2021: $317,5822021Revenue 2022: $562,313Expenses 2022: $389,528Net Income 2022: $172,7852022Revenue 2023: $627,338Expenses 2023: $350,293Net Income 2023: $277,0452023Revenue 2024: $492,806Expenses 2024: $329,651Net Income 2024: $163,1552024

Highlighted filing

2017

Revenue$164,897
Expenses$135,683
Net Income$29,214
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jun 28, 2018
Return Version
2017v2.3
Gross Receipts
$164,897
Mission and Program Overview

Mission

To support and provide shelter, food, education, medical, psychological, and spiritual development for abandoned high risk children. This may be street children, children with AIDS, abandoned, sexually abused, children in need of medical or surgical care for deformities, children needing prosthesis, homeless children with mental disabilities in the USA and Mexico at present.

To support and provide shelter, food, education, medical, psychological, and spiritual development for abandoned high risk children. This includes street children, children with aids, abandoned, sexually abused, children in need of medical or surgical care for deformities, children needing prosthesis, and homeless children with mental disabilities in the usa and mexico at present.

Program Services

DescriptionGrantsExpenses
WE PROVIDE A SAFE HOUSE WITH FOOD, CLOTHING, EDUCATION, MEDICAL, DENTAL, AND PSYCHOLOGICAL ASSESSMENT AND TREATMENT. WE ARE A FAMILY STYLE SHELTER WITH LOTS OF LOVE AND CARE. WE HAVE ALL OUR CHILDREN EVALUATED AND PLACED IN SCHOOLS, MOST OF WHOM WERE NOT BEING EDUCATED BEFORE THE SHELTER COULD OR CONTINUE WITHOUT OUR SUPPORT. WE ALSO HAVE AN OUTREACH TO CHILDREN IN THE COMMUNITY WHO MAY NEED ASSISTANCE GETTING STARTED IN SCHOOL.-$132,215
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MONICA GALVEZOffice SecrePT$6,666-$6,666
EVA HERNANDEZHouse MotherPT$5,333-$5,333
MYRA DEL A ROSAHouse MotherPT$5,333-$5,333
BECKY PLINKEPresidentFT$0--
CAROL HENDERSONSecretary-$0--
ABIGAIL VANWAYENBERGDirector-$0--
CHARLOTTE VAWTERDirector-$0--
DON LEACHDirector-$0--
LEE MYERSDirector-$0--
Filing and Contact Details

Filer

Filer Name
La Ola Ministries the Wave
EIN
80-0178488
Address
5802 BOB BULLOCK C1 328C-157, LAREDO, TX 78041

Signing Officer

Name
Becky Plinke
Title
President
Signed
2018-06-28
Discuss with paid preparer
Yes

Preparer

Firm
Terry W Greer Inc Ps
Address
PO BOX 879, STANWOOD, WA 98292
Preparer
Michael P Dame CPA
Phone
3606299420
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses marketing 1,412 office supplies 1,636 tolls 678 auto 1,207 fuel 4,480 auto repair 1,492 clothing 1,410 dental care 36 food 28,585 pet therapy 648 medical care 5,380 school 23,726 school supplies 3,918 entertainment 2,576 gifts 42 miscellaneous 67 permits 1,216 non-investment depreciation 7,378 total 85,887

Form 990-ez, Part I, Line 20

Exchange rate changes -2,754

Form 990-ez, Part II, Line 24

76,194 110,749 less accumulated depreciation 0 7,378 total 76,194 103,371

Form 990-ez, Part III

To support and provide shelter, food, education, medical, psychological, and spiritual development for abandoned high risk children. This includes street children, children with aids, abandoned, sexually abused, children in need of medical or surgical care for deformities, children needing prosthesis, and homeless children with mental disabilities in the usa and mexico at present.

Form 990-ez, Part III, Line 28

We provide a safe house with food, clothing, education, medical, dental, and psychological assessment and treatment. We are a family style shelter with lots of love and care. We have all our children evaluated and placed in schools, most of whom were not being educated before the shelter could or continue without our support. We also have an outreach to children in the community who may need assistance getting started in school.

Raw XML Appendix160 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/OfficerDirectorTrusteeEmplGrp/PersonNm1CAROL HENDERSON
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DON LEACH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5LEE MYERS
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8MONICA GALVEZ
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6HOUSE MOTHER
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES MARKETING 1,412 OFFICE SUPPLIES 1,636 TOLLS 678 AUTO 1,207 FUEL 4,480 AUTO REPAIR 1,492 CLOTHING 1,410 DENTAL CARE 36 FOOD 28,585 PET THERAPY 648 MEDICAL CARE 5,380 SCHOOL 23,726 SCHOOL SUPPLIES 3,918 ENTERTAINMENT 2,576 GIFTS 42 MISCELLANEOUS 67 PERMITS 1,216 NON-INVESTMENT DEPRECIATION 7,378 TOTAL 85,887
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXCHANGE RATE CHANGES -2,754
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt276,194 110,749 LESS ACCUMULATED DEPRECIATION 0 7,378 TOTAL 76,194 103,371
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO SUPPORT AND PROVIDE SHELTER, FOOD, EDUCATION, MEDICAL, PSYCHOLOGICAL, AND SPIRITUAL DEVELOPMENT FOR ABANDONED HIGH RISK CHILDREN. THIS INCLUDES STREET CHILDREN, CHILDREN WITH AIDS, ABANDONED, SEXUALLY ABUSED, CHILDREN IN NEED OF MEDICAL OR SURGICAL CARE FOR DEFORMITIES, CHILDREN NEEDING PROSTHESIS, AND HOMELESS CHILDREN WITH MENTAL DISABILITIES IN THE USA AND MEXICO AT PRESENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4WE PROVIDE A SAFE HOUSE WITH FOOD, CLOTHING, EDUCATION, MEDICAL, DENTAL, AND PSYCHOLOGICAL ASSESSMENT AND TREATMENT. WE ARE A FAMILY STYLE SHELTER WITH LOTS OF LOVE AND CARE. WE HAVE ALL OUR CHILDREN EVALUATED AND PLACED IN SCHOOLS, MOST OF WHOM WERE NOT BEING EDUCATED BEFORE THE SHELTER COULD OR CONTINUE WITHOUT OUR SUPPORT. WE ALSO HAVE AN OUTREACH TO CHILDREN IN THE COMMUNITY WHO MAY NEED ASSISTANCE GETTING STARTED IN SCHOOL.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02018-06-14 16:35:46Z
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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LA OLA MINISTRIES THE WAVE
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0911877590
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 879
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0STANWOOD
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ReturnHeader/PreparerPersonGrp/PreparationDt02018-06-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL P DAME CPA
ReturnHeader/ReturnTs02018-06-28T16:36:32-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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