Civic Intelligence

Rolling Wave Foundation Inc.

990EZ • Fiscal year 2023 • EIN 83-3440274

Jan 01, 2023 to Dec 31, 2023 • Filed on Jul 22, 2024

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

69th percentile

0.02x

Higher debt load relative to assets than 69% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

61st percentile

0.00x

Higher debt load relative to revenue than 61% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

48th percentile

1.9%

Higher net margin than 48% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

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.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

13th percentile

-42%

Faster asset growth than 13% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

82nd percentile

56%

Faster revenue growth than 82% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets69th percentile

Assets

Down

$6,826

Down $4,959 (-42%) from 2022

Net Assets

Up

$6,704

Up $1,135 (+20%) from 2022

Liabilities

Down

$122

Down $6,094 (-98%) from 2022

Revenue And Expenses
Liabilities / Revenue61st percentileNet Margin48th percentile

Revenue

Up

$61,345

Up $22,045 (+56%) from 2022

Expenses

Up

$60,210

Up $17,084 (+40%) from 2022

Net Income

Up

$1,135

Up $4,961 (+130%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth13th 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

2023

Assets$6,826
Liabilities$122
Net Assets$6,704
Open 2023 Filing

Operations Trend

Revenue Growth82nd 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

2023

Revenue$61,345
Expenses$60,210
Net Income$1,135
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jul 22, 2024
Return Version
2023v5.1
Gross Receipts
$61,345
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$47,886
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
RICHARD BONANNOPresidentPT$0--
JOHN WELCHVice PresidentPT$0--
RICHARD BONANNOTreasurerPT$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
2024-07-22
Discuss with paid preparer
Yes

Preparer

Firm
Waterline Tax Advisors
Address
100 RECREATION PARK DR, HINGHAM, MA 02043
Preparer
Wendy Goldstein
Phone
7818041339
Supplemental Narrative

Additional Explanations

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

“Description: exempt function expenses. Amount: 55222. Description: interest expense. Amount: 56. Description: administrative expenses. Amount: 3262. Total to form 990-ez, line 16: 58540.”

Form 990-ez, Part II, Line 24 - Other Assets

“Description: other depreciable assets. Beg. Of year amount: 7335. End of year amount: 0.”

Form 990-ez, Part II, Line 26 - Other Liabilities

“Description: van loan balance. Beg. Of year amount: 6216. End of year amount: 122.”

Raw XML Appendix152 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
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IRS990EZ/InfoInScheduleOPartIIIInd0X
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IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/NetAssetsOrFundBalancesEOYAmt06704
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt05569
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt06704
IRS990EZ/OccupancyRentUtltsAndMaintAmt0270
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt030.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
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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/PersonNm2RICHARD BONANNO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt07335
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt058540
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/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ROLLING WAVE FOUNDATION'S COMMITMENT IS BUILDING, SUSTAINING, ENABLING AND ENERGIZING COMMUNITIES BY SUPPLYING REFURBISHED BICYCLES AND EVERYDAY LIVING ITEMS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt06216
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0122
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt060210
IRS990EZ/TotalProgramServiceExpensesAmt047886
IRS990EZ/TotalRevenueAmt061345
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt061345
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt039145
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt075756
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt038576
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt018822
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0233644
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0870
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0870
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0234514
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt061345
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt039145
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt075756
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt038576
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt019692
IRS990ScheduleA/Total509Grp/TotalAmt0234514
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt061345
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt039145
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt019692
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0234514
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: EXEMPT FUNCTION EXPENSES. AMOUNT: 55222. DESCRIPTION: INTEREST EXPENSE. AMOUNT: 56. DESCRIPTION: ADMINISTRATIVE EXPENSES. AMOUNT: 3262. TOTAL TO FORM 990-EZ, LINE 16: 58540.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 7335. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: VAN LOAN BALANCE. BEG. OF YEAR AMOUNT: 6216. END OF YEAR AMOUNT: 122.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
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/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD BONANN0
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06172818372
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-07-22
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/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0871864140
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/PhoneNum07818041339
ReturnHeader/PreparerPersonGrp/PreparationDt02024-06-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WENDY GOLDSTEIN
ReturnHeader/ReturnTs02024-08-02T11:41:54-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,826
Liabilities
$122
Net assets
$6,704
Revenue
$61,345
Expenses
$60,210
Net income
$1,135
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