Civic Intelligence

Fourthwave Foundation Inc.

EIN 82-2460280 • 501(c)3 • Santa Monica, CA

RevokedPub. 78 Eligible990-N Coverage

Profile

Non-church charity, providing business and educational services for female entrepeneurs.

Revocation date: Jun 15, 2023

2101 10th Street DSanta Monica, CA 90405

fourthwave.io

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

76th percentile

22%

Higher net margin than 76% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

98th percentile

514%

Faster asset growth than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

92nd percentile

113%

Faster revenue growth than 92% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$46,768

Up $39,155 (+514%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$46,768

Up $39,155 (+514%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin76th percentile

Revenue

Up

$115,391

Up $61,232 (+113%) from 2023

Expenses

Up

$89,859

Up $30,896 (+52%) from 2023

Net Income

Up

$25,532

Up $30,336 (+631%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth98th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0Assets 2022: $10,229Liabilities 2022: $0Net Assets 2022: $10,2292022Assets 2023: $7,613Liabilities 2023: $0Net Assets 2023: $7,6132023Assets 2024: $46,768Net Assets 2024: $46,7682024

Highlighted filing

2024

Assets$46,768
Liabilities-
Net Assets$46,768
Open 2024 Filing

Operations Trend

Revenue Growth92nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2022: $69,000Expenses 2022: $63,263Net Income 2022: $5,7372022Revenue 2023: $54,159Expenses 2023: $58,963Net Income 2023: -$4,8042023Revenue 2024: $115,391Expenses 2024: $89,859Net Income 2024: $25,5322024

Highlighted filing

2024

Revenue$115,391
Expenses$89,859
Net Income$25,532
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$46,768
Liabilities
-
Net assets
$46,768
Revenue
$115,391
Expenses
$89,859
Net income
$25,532
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.47$0.47$1.15$0.90$0.26
2023Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.54$0.59$0.05
2022Detailed filing. Detailed filing data is available for this year.$0.10$0.00$0.10$0.69$0.63$0.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 30, 2025
Return Version
2024v5.2
Gross Receipts
$115,391
Mission and Program Overview

Mission

Non-church charity, providing business and educational services for female entrepeneurs.

Program Services

DescriptionGrantsExpenses
FourthWave runs one annual program each year to provide female entrepreneurs in the technology industry with business mentorship, access to capital and leadership training. THere are approximately 14 people in each annual cohort.-$53,277
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nancy PerlmanPresidentPT$0--
Cheryl BeningaDirectorPT$0--
Tracy SavilleDirector-$0--
Filing and Contact Details

Filer

Filer Name
FourthWave Foundation Inc
EIN
82-2460280
Phone
3104293654
Address
2101 10th Street D, Santa Monica, CA 90405

Signing Officer

Name
Nancy Perlman
Title
President
Signed
2025-10-30
Discuss with paid preparer
Yes

Preparer

Firm
Beggs Associates
Address
1545 River Park Dr Suite 375, Sacramento, CA 95815
Preparer
Michael W Stovall CPA
Phone
9169291006
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $1230”

Other Expenses.1002

“Office Expenses $2399”

Other Expenses.1005

“Travel $1214”

Other Expenses.1012

“Insurance $1053”

Other Expenses.1

“Cohort Event $20871”

Other Expenses.2

“Cohort Leadership Coaching $12823”

Other Expenses.3

“Residence Expense $7500”

Other Expenses.4

“Membership Dues $3800”

Other Expenses.5

“Videography/Photography $2819”

Other Expenses.6

“Website Development $2500”

Other Expenses.7

“Cohort Supplies $1546”

Other Expenses.8

“Payroll Expenses $844”

Other Expenses.9

“Meals & Entertainment $192”

Other Expenses.10

“Bank Fees $178”

Other Expenses.11

“Taxes & Licenses $50”

Raw XML Appendix168 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.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0Nancy Perlman
IRS990EZ/BooksInCareOfDetail/PhoneNum03104293654
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02101 10th Street D
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Santa Monica
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090405
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt021236
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt046768
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0115391
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt025532
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt012825
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt021236
IRS990EZ/Form990TotalAssetsGrp/EOYAmt046768
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0115391
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt021236
IRS990EZ/NetAssetsOrFundBalancesEOYAmt046768
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt021236
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt046768
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Nancy Perlman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Cheryl Beninga
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Tracy Saville
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt059019
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Non-church charity, providing business and educational services for female entrepeneurs.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0FourthWave runs one annual program each year to provide female entrepreneurs in the technology industry with business mentorship, access to capital and leadership training. THere are approximately 14 people in each annual cohort.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt053277
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt018015
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt089859
IRS990EZ/TotalProgramServiceExpensesAmt053277
IRS990EZ/TotalRevenueAmt0115391
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0fourthwave.io
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0115391
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt073182
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt054159
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt069000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt011777
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0323509
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0323509
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0115391
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt073182
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt054159
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt069000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt011777
IRS990ScheduleA/Total509Grp/TotalAmt0323509
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0115391
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt073182
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt054159
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt069000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt011777
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0323509
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $1230
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $2399
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $1214
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance $1053
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Cohort Event $20871
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Cohort Leadership Coaching $12823
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Residence Expense $7500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Membership Dues $3800
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Videography/Photography $2819
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Website Development $2500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Cohort Supplies $1546
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Payroll Expenses $844
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Meals & Entertainment $192
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Bank Fees $178
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Taxes & Licenses $50
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Expenses.9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Other Expenses.10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Other Expenses.11
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Nancy Perlman
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FourthWave Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0FOUR
ReturnHeader/Filer/EIN0822460280
ReturnHeader/Filer/PhoneNum03104293654
ReturnHeader/Filer/USAddress/AddressLine1Txt02101 10th Street D
ReturnHeader/Filer/USAddress/CityNm0Santa Monica
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090405
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0814764912
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BEGGS ASSOCIATES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01545 River Park Dr Suite 375
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Sacramento
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd095815
ReturnHeader/PreparerPersonGrp/PhoneNum09169291006
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Michael W Stovall CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-10-30T11:10:57-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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