Civic Intelligence

Rolling Wave Foundation Inc.

990EZ • Fiscal year 2021 • EIN 83-3440274

Jan 01, 2021 to Dec 31, 2021 • Filed on Apr 25, 2022

Organization ProfileN/A
109 Hollett StScituate, MA 02066-1433

(617) 281-8372

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

46th percentile

6.0%

Higher net margin than 46% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

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.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

88th percentile

94%

Faster asset growth than 88% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

85th percentile

96%

Faster revenue growth than 85% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$9,395

Up $4,556 (+94%) from 2020

Net Assets

Up

$9,395

Up $4,556 (+94%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin46th percentile

Revenue

Up

$75,757

Up $37,180 (+96%) from 2020

Expenses

Up

$71,201

Up $36,161 (+103%) from 2020

Net Income

Up

$4,556

Up $1,019 (+29%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth88th percentile

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

$15K$10K$5.0K$0Assets 2019: $1,302Liabilities 2019: $0Net Assets 2019: $1,3022019Assets 2020: $4,839Liabilities 2020: $0Net Assets 2020: $4,8392020Assets 2021: $9,395Liabilities 2021: $0Net Assets 2021: $9,3952021Assets 2022: $11,785Liabilities 2022: $6,216Net Assets 2022: $5,5692022Assets 2023: $6,826Liabilities 2023: $122Net Assets 2023: $6,7042023Assets 2024: $9,616Liabilities 2024: $0Net Assets 2024: $9,6162024

Highlighted filing

2021

Assets$9,395
Liabilities$0
Net Assets$9,395
Open 2021 Filing

Operations Trend

Revenue Growth85th percentile

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

$80K$60K$40K$20K$0-$20KRevenue 2019: $19,540Expenses 2019: $18,238Net Income 2019: $1,3022019Revenue 2020: $38,577Expenses 2020: $35,040Net Income 2020: $3,5372020Revenue 2021: $75,757Expenses 2021: $71,201Net Income 2021: $4,5562021Revenue 2022: $39,300Expenses 2022: $43,126Net Income 2022: -$3,8262022Revenue 2023: $61,345Expenses 2023: $60,210Net Income 2023: $1,1352023Revenue 2024: $60,743Expenses 2024: $57,831Net Income 2024: $2,9122024

Highlighted filing

2021

Revenue$75,757
Expenses$71,201
Net Income$4,556
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Apr 25, 2022
Return Version
2021v4.2
Gross Receipts
$75,757
Mission and Program Overview

Mission

Rolling Wave Foundation's commitment is building, sustaining, enabling and energizing communities by supplying refurbished bicycles and everyday living items

Program Services

DescriptionGrantsExpenses
Rolling Wave Foundation's commitment is building, sustaining, enabling and energizing communities by supplying refurbished bicycles and everyday living items$0$42,645
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
RICHARD BONANNOPresident-$0--
JOHN WELCHVice President-$0--
TANYA NAGLE MAKAITISTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Rolling Wave Foundation Inc
EIN
83-3440274
Phone
6172818372
Address
109 HOLLETT ST, SCITUATE, MA 02066-1433

Signing Officer

Name
Richard Bonann0
Title
President
Phone
6172818372
Signed
2022-04-25
Discuss with paid preparer
Yes

Preparer

Firm
Waterline Tax Advisors
Address
100 Recreation Park Dr, Hingham, MA 02043
Preparer
Wendy Goldstein
Phone
7814244524
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16 - Other Expenses

“Description: EXEMPT FUNCTION EXPENSES. Amount: 70092.”

Raw XML Appendix142 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/PersonNm0RICHARD BONANNO
IRS990EZ/BooksInCareOfDetail/PhoneNum06172818372
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0109 HOLLETT ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SCITUATE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002066
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt04839
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt09395
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt075757
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt04556
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt04839
IRS990EZ/Form990TotalAssetsGrp/EOYAmt09395
IRS990EZ/GrossReceiptsAmt075757
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt04839
IRS990EZ/NetAssetsOrFundBalancesEOYAmt09395
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt04839
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt09395
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0RICHARD BONANNO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JOHN WELCH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2TANYA NAGLE MAKAITIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt070092
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Rolling Wave Foundation's commitment is building, sustaining, enabling and energizing communities by supplying refurbished bicycles and everyday living items
IRS990EZ/PrintingPublicationsPostageAmt01109
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Rolling Wave Foundation's commitment is building, sustaining, enabling and energizing communities by supplying refurbished bicycles and everyday living items
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt042645
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt071201
IRS990EZ/TotalProgramServiceExpensesAmt042645
IRS990EZ/TotalRevenueAmt075757
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt075756
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt038576
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt018822
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0133154
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0870
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0870
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0134024
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt075756
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt038576
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt019692
IRS990ScheduleA/Total509Grp/TotalAmt0134024
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt075756
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt038576
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt019692
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0134024
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: EXEMPT FUNCTION EXPENSES. Amount: 70092.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16 - Other Expenses
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD BONANN0
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06172818372
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-04-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ROLLING WAVE FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0ROLL
ReturnHeader/Filer/EIN0833440274
ReturnHeader/Filer/PhoneNum06172818372
ReturnHeader/Filer/USAddress/AddressLine1Txt0109 HOLLETT ST
ReturnHeader/Filer/USAddress/CityNm0SCITUATE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd0020661433
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043201323
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Waterline Tax Advisors
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0100 Recreation Park Dr
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Hingham
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002043
ReturnHeader/PreparerPersonGrp/PhoneNum07814244524
ReturnHeader/PreparerPersonGrp/PreparationDt02022-04-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Wendy Goldstein
ReturnHeader/ReturnTs02022-04-25T08:06:08-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0RICHARD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BONANN
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,395
Liabilities
$0
Net assets
$9,395
Revenue
$75,757
Expenses
$71,201
Net income
$4,556
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.62$0.00$9.62$60.7$57.8$2.91
2023Detailed filing. Detailed filing data is available for this year.$6.83$0.12$6.70$61.3$60.2$1.14
2022Detailed filing. Detailed filing data is available for this year.$11.8$6.22$5.57$39.3$43.1$3.83
2021Detailed filing. Detailed filing data is available for this year.$9.40$0.00$9.40$75.8$71.2$4.56
2020Detailed filing. Detailed filing data is available for this year.$4.84$0.00$4.84$38.6$35.0$3.54
2019Detailed filing. Detailed filing data is available for this year.$1.30$0.00$1.30$19.5$18.2$1.30