Civic Intelligence

Waves for Change Foundation Ltd.

990EZ • Fiscal year 2019 • EIN 81-1814068

Mar 01, 2018 to Feb 28, 2019 • Filed on Dec 05, 2019

1 High StRockport, MA 01966

(646) 641-4762

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

85th percentile

32%

Higher net margin than 85% 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

97th percentile

473%

Faster asset growth than 97% of similar nonprofits.

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

Revenue Growth

92nd percentile

93%

Faster revenue growth than 92% of similar nonprofits.

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

Assets

Up

$38,203

Up $31,536 (+473%) from 2018

Net Assets

Up

$38,203

Up $31,536 (+473%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$116,779

Up $56,397 (+93%) from 2018

Expenses

Up

$79,410

Up $13,820 (+21%) from 2018

Net Income

Up

$37,369

Up $42,577 (+818%) from 2018

Historical Trend

Balance Sheet Trend

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

$40K$30K$20K$10K$0Assets 2018: $6,667Liabilities 2018: $0Net Assets 2018: $6,6672018Assets 2019: $38,203Liabilities 2019: $0Net Assets 2019: $38,2032019Assets 2020: $25,397Liabilities 2020: $0Net Assets 2020: $25,3972020Assets 2023: $1,474Liabilities 2023: $0Net Assets 2023: $1,4742023

Highlighted filing

2019

Assets$38,203
Liabilities$0
Net Assets$38,203

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2018: $60,382Expenses 2018: $65,590Net Income 2018: -$5,2082018Revenue 2019: $116,779Expenses 2019: $79,410Net Income 2019: $37,3692019Revenue 2020: $41,369Expenses 2020: $54,175Net Income 2020: -$12,8062020Revenue 2023: $25,420Expenses 2023: $25,000Net Income 2023: $4202023

Highlighted filing

2019

Revenue$116,779
Expenses$79,410
Net Income$37,369
Jump To
Filing Snapshot
Filing Period
Mar 1, 2018 to Feb 28, 2019
Signed
Dec 5, 2019
Return Version
2018v3.0
Gross Receipts
$116,779
Mission and Program Overview

Mission

Waves for Change provides a child-friendly mental health service to at-risk youth living in unstable communities. Through access to safe spaces, caring mentors, and a provision of weekly Surf Therapy sessions, Waves for Change gives children skills to cope with stress, regulate behavior, build healing relationships, and make positive life choices.

Waves for change founda tion ltd. Raises funding for surf therapy organizations in unstable commun ities that experience high levels of violence and poverty. We provide a safe p lace for children to improve well-being regardless of their race, ethnicity, or religion. To maximize our impact on current efforts, we may seek to coll aborate with other non-profit organizations which fall under the 501(c) (3) section of the internal revenue code and are operated exclusively for educ ational and charitable purposes.

Program Services

DescriptionGrantsExpenses
Trained, subsidized, and supported 45 surf mentors and 1,500 (39% female) participants in at-risk areas. Launched benchmarking of best practice for surf therapy. Trained several new organizations. Opened a new site. Added children on the Autism spectrum to the program.$0$77,079
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Erin PlanteBoard Member-$0--
Matthew MattilaBoard Member-$0--
Jeff DecellesBoard Member-$0--
Dana BuchacaBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Waves for Change Foundation Ltd
EIN
81-1814068
Phone
6466414762
Address
1 High St, Rockport, MA 01966

Signing Officer

Name
Matthew Mattila
Title
COO
Phone
6466414762
Signed
2019-12-05
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

Travel and conference

Raw XML Appendix184 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/TitleTxt0Board Member
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IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0WAVES FOR CHANGE FOUNDA TION LTD. RAISES FUNDING FOR SURF THERAPY ORGANIZATIONS IN UNSTABLE COMMUN ITIES THAT EXPERIENCE HIGH LEVELS OF VIOLENCE AND POVERTY. WE PROVIDE A SAFE P LACE FOR CHILDREN TO IMPROVE WELL-BEING REGARDLESS OF THEIR RACE, ETHNICITY, OR RELIGION. TO MAXIMIZE OUR IMPACT ON CURRENT EFFORTS, WE MAY SEEK TO COLL ABORATE WITH OTHER NON-PROFIT ORGANIZATIONS WHICH FALL UNDER THE 501(C) (3) SECTION OF THE INTERNAL REVENUE CODE AND ARE OPERATED EXCLUSIVELY FOR EDUC ATIONAL AND CHARITABLE PURPOSES.
IRS990EZ/PrintingPublicationsPostageAmt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Travel and conference
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
ReasonableCauseExplanation/ExplanationTxt0We were out of the country running programming.
ReturnHeader/BuildTS02020-04-17 16:48:07Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Matthew Mattila
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0COO
ReturnHeader/BusinessOfficerGrp/PhoneNum06466414762
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-12-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WAVES FOR CHANGE FOUNDATION LTD
ReturnHeader/Filer/BusinessNameControlTxt0WAVE
ReturnHeader/Filer/EIN0811814068
ReturnHeader/Filer/PhoneNum06466414762
ReturnHeader/Filer/USAddress/AddressLine1Txt01 High St
ReturnHeader/Filer/USAddress/CityNm0Rockport
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001966
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0105.227.53.150
ReturnHeader/ReturnTs02019-12-05T07:02:00-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-03-01
ReturnHeader/TaxPeriodEndDt02019-02-28
ReturnHeader/TaxYr02018

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Filings