Civic Intelligence

Fourthwave Foundation Inc.

990EZ • Fiscal year 2022 • EIN 82-2460280

Feb 01, 2021 to Jan 31, 2022 • Filed on Jul 24, 2023

Organization Profilefourthwave.io
2101 10th Street DSanta Monica, CA 90405

(310) 429-3654

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

56th percentile

8.3%

Higher net margin than 56% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

$10,229

No earlier filing loaded for comparison.

Net Assets

$10,229

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin56th percentile

Revenue

$69,000

No earlier filing loaded for comparison.

Expenses

$63,263

No earlier filing loaded for comparison.

Net Income

$5,737

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$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

2022

Assets$10,229
Liabilities$0
Net Assets$10,229
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this 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

2022

Revenue$69,000
Expenses$63,263
Net Income$5,737
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Feb 1, 2021 to Jan 31, 2022
Signed
Jul 24, 2023
Return Version
2021v4.0
Gross Receipts
$69,000
Mission and Program Overview

Mission

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

Non-church charity; provides business services to female entrepreneurs in the technology industry.

Program Services

DescriptionGrantsExpenses
FourthWave provided one annual program this year, serving a cohort of approximately 12 women-identified participants. Each cohort member receives business mentorship, access to capital and leadership training.$0$0
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nancy PerlmanPresident And FounderPT$0--
Cheryl BeningaCo-FounderPT$0--
Tracy SavilleCo-Founder-$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
Phone
3104293654
Signed
2023-07-24
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“2021 Cohort Welcome Kit Materials, Business Gift, End of Program Cohort Gifts”

Raw XML Appendix163 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/USAddress/AddressLine1Txt02101 10th Street D
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Santa Monica
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Nancy Perlman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Cheryl Beninga
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Tracy Saville
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President and Founder
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Co-Founder
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Co-Founder
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
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IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
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IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt03199
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Non-church charity; provides business services to female entrepreneurs in the technology industry.
IRS990EZ/PrintingPublicationsPostageAmt05419
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0FourthWave provided one annual program this year, serving a cohort of approximately 12 women-identified participants. Each cohort member receives business mentorship, access to capital and leadership training.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/TotalExpensesAmt063263
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt069000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt011777
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt080777
IRS990ScheduleA/InvestmentIncomeCYPct00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt02021 Cohort Welcome Kit Materials, Business Gift, End of Program Cohort Gifts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
ReasonableCauseExplanation/ExplanationTxt0I thought our bookkeeper took care of the filing and simply wasn't aware. I was also overwhelmed with financial challenges, being a single mother, the pandemic, etc.
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ReturnHeader/Filer/PhoneNum03104293654
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ReturnHeader/ReturnTs02023-07-28T20:32:43-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02021-02-01
ReturnHeader/TaxPeriodEndDt02022-01-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,229
Liabilities
$0
Net assets
$10,229
Revenue
$69,000
Expenses
$63,263
Net income
$5,737
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