Civic Intelligence

Wave Foundation

990 • Fiscal year 2024 • EIN 84-3224211

Jan 01, 2024 to Dec 31, 2024 • Filed on Mar 07, 2025

Organization ProfileWWW.THEWAVENW.ORG
13015 NE Morris CTPortland, OR 97230

(503) 307-1630

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.00x

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

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

33rd percentile

0.00x

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

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

23rd percentile

-10.0%

Higher net margin than 23% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

2024 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

7th percentile

-30%

Faster asset growth than 7% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

6th percentile

-46%

Faster revenue growth than 6% of similar nonprofits.

2024 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets33rd percentile

Assets

Down

$178,038

Down $19,352 (-9.8%) from 2022

Net Assets

Down

$178,038

Down $19,352 (-9.8%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue And Expenses
Liabilities / Revenue33rd percentileNet Margin23rd percentile

Revenue

Up

$775,516

Up $83,701 (+12%) from 2022

Expenses

Up

$852,734

Up $157,822 (+23%) from 2022

Net Income

Down

-$77,218

Down $74,121 (-2393%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth7th percentile

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

$1.0M$500K$0Assets 2020: $915,416Liabilities 2020: $0Net Assets 2020: $915,4162020Assets 2021: $200,487Liabilities 2021: $0Net Assets 2021: $200,4872021Assets 2022: $197,390Liabilities 2022: $0Net Assets 2022: $197,3902022Assets 2024: $178,038Liabilities 2024: $0Net Assets 2024: $178,0382024

Highlighted filing

2024

Assets$178,038
Liabilities$0
Net Assets$178,038
Open 2024 Filing

Operations Trend

Revenue Growth6th percentile

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

$2.0M$1.0M$0-$1.0MRevenue 2020: $1,806,654Expenses 2020: $891,238Net Income 2020: $915,4162020Revenue 2021: $1,071,113Expenses 2021: $1,786,042Net Income 2021: -$714,9292021Revenue 2022: $691,815Expenses 2022: $694,912Net Income 2022: -$3,0972022Revenue 2024: $775,516Expenses 2024: $852,734Net Income 2024: -$77,2182024

Highlighted filing

2024

Revenue$775,516
Expenses$852,734
Net Income-$77,218
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 7, 2025
Return Version
2024v5.0
Gross Receipts
$775,516
Mission and Program Overview

Mission

The wave foundation strengthens community health, local economies, and environmental sustainability. Our work touches an array of interrelated sectors: food, energy, transportation, zero waste, and clean air and water.

The wave foundation strengthens community health, local economies, and environmental sustainability.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$255,256$178,038▼ $77,218
Total Assets$255,256$178,038▼ $77,218
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$255,256$178,038▼ $77,218
Total Net Assets Fund Balance$255,256$178,038▼ $77,218
Total Liabilities and Net Assets / Fund Balance$255,256$178,038▼ $77,218
Compensation and Service Providers
Top Officer Pay55th percentile

Board Members and Trustees

NameTitle
Justin ZeulnerPresident
Carmen DouglassSecretary
Kelley MartinTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Pioneers Of SustainabilityManagement Services2000 NE 67TH AVE, Portland, OR 97213$167,954
Revenue and Support

Revenue Composition

Contributions and Grants
$774,994
Program Service Revenue
$0
Investment Income
$522
Other Revenue
$0
All Other Contributions
$152,384
Change in Net Assets
$-77,218
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$558,593
Other Expenses$294,141
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$558,593--$558,593
Fees for Services Management$159,556$8,398-$167,954
Fees for Services Other$103,176$6,897-$110,073
Travel$7,530--$7,530
Office Expenses-$3,569-$3,569
Insurance-$3,008-$3,008
Conferences and Meetings-$1,922-$1,922
All Other Expenses-$85-$85
Total Functional Expenses$828,855$23,879$0$852,734
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Controlled EntityManagement Services.No$167,954
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The wave foundation has an agreement with pioneers of sustainability, llc (the llc) to perform program and general administrative services. The llc is owned by justin zeulner (president of the wave foundation). However, the agreement was signed by the wave foundation's treasurer and approved by the other board member.”

Form 990, Part VI, Section B, Line 11B

“The 990 is reviewed and approved by the president. A copy is provided to the board prior to filing.”

Form 990, Part VI, Section B, Line 12C

“Board members are required to disclose any possible conflicts as they arise.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest policy, and financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
The Wave Foundation
EIN
84-3224211
Phone
5033071630
Address
13015 NE MORRIS CT, PORTLAND, OR 97230

Signing Officer

Name
Justin Zeulner
Title
President
Phone
5033071630
Signed
2025-03-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Justin Zeulner
Formed
2020
Legal Domicile
Or
Voting Board Members
3
Independent Board Members
2
Employees
0
Volunteers
30

Preparer

Firm
Hoffman Stewart & Schmidt Pc
Address
3 CENTERPOINTE DRIVE SUITE 300, LAKE OSWEGO, OR 97035-8663
Preparer
Nathan Stamets
Phone
5032205900
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Professional services: program service expenses 103,176. Management and general expenses 6,897. Fundraising expenses 0. Total expenses 110,073.”

Raw XML Appendix344 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
IRS990/AccountantCompileOrReviewInd01
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE WAVE FOUNDATION STRENGTHENS COMMUNITY HEALTH, LOCAL ECONOMIES, AND ENVIRONMENTAL SUSTAINABILITY.
IRS990/AllOtherContributionsAmt0152384
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt085
IRS990/AllOtherExpensesGrp/TotalAmt085
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JUSTIN ZEULNER
IRS990/BooksInCareOfDetail/PhoneNum05033071630
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt013015 NE MORRIS CT
IRS990/BooksInCareOfDetail/USAddress/CityNm0PORTLAND
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OR
IRS990/BooksInCareOfDetail/USAddress/ZIPCd097230
IRS990/BusinessRlnWith35CtrlEntInd01
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0255256
IRS990/CashNonInterestBearingGrp/EOYAmt0178038
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt01922
IRS990/ConferencesMeetingsGrp/TotalAmt01922
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0167954
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt02000 NE 67TH AVE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0PORTLAND
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0OR
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd097213
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0PIONEERS OF SUSTAINABILITY
IRS990/ContractorCompensationGrp/ServicesDesc0MANAGEMENT SERVICES
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0774994
IRS990/CYGrantsAndSimilarPaidAmt0558593
IRS990/CYInvestmentIncomeAmt0522
IRS990/CYOtherExpensesAmt0294141
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-77218
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0852734
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0775516
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/Desc0HEALTHY AND SUSTAINABLE FOOD: THE WAVE FOUNDATION MADE SIGNIFICANT STRIDES IN ADVANCING THE WAVE MARKETPLACE INITIATIVE, WHICH SUPPORTS THE INCLUSION OF TRIBAL, BIPOC, WOMEN, AND RURAL FOOD PRODUCERS IN THE FOOD AND BEVERAGE INDUSTRY. THIS INITIATIVE PROMOTES FOOD SOVEREIGNTY, EQUITY, AND JUSTICE, ENSURING THAT HISTORICALLY UNDERSERVED FISHERS, FARMERS, AND RANCHERS CAN PARTICIPATE IN THE MARKET. IN 2024, THE INITIATIVE MOVED FROM DEVELOPMENT TO IMPLEMENTATION, INCREASING THE VISIBILITY AND MARKET PRESENCE OF THESE PRODUCERS. THE WAVE FOUNDATION STRENGTHENED ITS PARTNERSHIP WITH COMPASS GROUP USA, NORTH AMERICA'S LARGEST CORPORATE FOOD SERVICE ORGANIZATION, TO FURTHER THE MARKETPLACE'S REACH. (SEE CONTINUATION ON SCHEDULE O). ADDITIONALLY, THE WAVE FOUNDATION SUPPORTED THE CREATION OF THE WAVE MARKETPLACE, LLCA TRIBAL-OWNED PRIVATE SECTOR ENTITYTO FACILITATE THE SALE OF THESE PRODUCTS IN THE FOOD SERVICE INDUSTRY. THE FOUNDATION ALSO SUPPORTED THE UNIVERSITY OF IDAHO'S CLIMATE-SMART COMMODITIES GRANT WITH THE USDA IN 2024.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0190636
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt08398
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0159556
IRS990/FeesForServicesManagementGrp/TotalAmt0167954
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt06897
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0103176
IRS990/FeesForServicesOtherGrp/TotalAmt0110073
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0JUSTIN ZEULNER
IRS990/Form990PartVIISectionAGrp/PersonNm1CARMEN DOUGLASS
IRS990/Form990PartVIISectionAGrp/PersonNm2KELLEY MARTIN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02020
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GovernmentGrantsAmt0622610
IRS990/GrantAmt0161158
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0558593
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0558593
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0775516
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt03008
IRS990/InsuranceGrp/TotalAmt03008
IRS990/InvestmentIncomeGrp/ExclusionAmt0522
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0522
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0OR
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE WAVE FOUNDATION STRENGTHENS COMMUNITY HEALTH, LOCAL ECONOMIES, AND ENVIRONMENTAL SUSTAINABILITY. OUR WORK TOUCHES AN ARRAY OF INTERRELATED SECTORS: FOOD, ENERGY, TRANSPORTATION, ZERO WASTE, AND CLEAN AIR AND WATER.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0255256
IRS990/NetAssetsOrFundBalancesEOYAmt0178038
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0255256
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0178038
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03569
IRS990/OfficeExpensesGrp/TotalAmt03569
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JUSTIN ZEULNER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0COMMUNITY FOOD SYSTEMS AND ZERO WASTE:THE WAVE FOUNDATION LAUNCHED A STRATEGIC COLLABORATION IN PORTLAND, OREGON, TO ADVANCE A "ZERO-WASTE VISION" FOR PROVIDENCE PARK, THE MODA CENTER, AND OTHER LARGE PUBLIC VENUES. THIS PROGRAM PLAYS A CRUCIAL ROLE IN REDUCING FOOD WASTE AND RE-ESTABLISHING COMPOSTING OPERATIONS IN THE NORTHWEST. WITH SUPPORT FROM THE USDA, THE WAVE FOUNDATION SECURED A GRANT TO PILOT THIS PROJECT, INTEGRATING THE WAVE MARKETPLACE INTO ITS OPERATIONS. IN APRIL 2024, AN EDUCATIONAL WORKSHOP WAS HELD IN PORTLAND TO RAISE AWARENESS ABOUT THE INITIATIVE. (SEE CONTINUATION ON SCHEDULE O). THE FOUNDATION ALSO PARTNERED WITH THE GLOBAL ALLIANCE OF LATINOS IN AGRICULTURE TO EXPAND THESE PROGRAMS TO THE EAST COAST, FOCUSING ON BALTIMORE AND COMPASS PROPERTIES. WE HAVE APPLIED FOR SEVERAL GRANTS (INCLUDING FROM THE USDA AND EPA) TO SUPPORT THIS PROJECT'S GROWTH.DURING 2024, THE WAVE FOUNDATION INITIATED ENGAGEMENTS WITH SEVERAL ALIGNED PARTNERS IN OREGON (OREGON COAST VISITORS ASSOCIATION, OREGON STATE UNIVERSITY, ECO-TRUST, AND OTHER RELATED NON-PROFITS) TO ADVANCE A 100% FISH INITIATIVE. THIS INITIATIVE WOULD REDUCE THE AMOUNT OF WASTE IN THE SEAFOOD PRODUCTION INDUSTRIES OF OREGON, INCREASING ECONOMIC PROSPERITY FOR FISHING COMMUNITIES WHILE REDUCING ENVIRONMENTAL IMPACTS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0165771
IRS990/ProgSrvcAccomActy3Grp/Desc0FOOD AND NUTRITION RELIEF: AS PART OF OUR ONGOING FOOD AND NUTRITION RELIEF PROGRAM, INITIATED DURING THE COVID-19 PANDEMIC, THE WAVE FOUNDATION DISTRIBUTED OVER 2,000,000 MEAL EQUIVALENTS TO COMMUNITIES FACING HUNGER IN 2024. THIS PROGRAM WAS FUNDED BY THE STATE OF WASHINGTON DEPARTMENT OF AGRICULTURE (AKA "WE FEED WA"). IN RESPONSE TO THE DEVASTATING FIRES IN LOS ANGELES, THE FOUNDATION PROVIDED FOOD AND CRISIS RELIEF TO IMPACTED COMMUNITIES. IN COLLABORATION WITH CONGRESSIONAL LEADERS, THE WAVE FOUNDATION CONTINUED ADVOCATING FOR REFORMS TO NATIONAL FOOD RELIEF PROGRAMS, DRAWING FROM OUR SUCCESSFUL REGIONAL MODEL THAT EMPHASIZES HEALTHY, SUSTAINABLE, AND CULTURALLY RELEVANT FOODS. (SEE CONTINUATION ON SCHEDULE O).DURING 2024, THE WAVE FOUNDATION INITIATED DISCUSSIONS WITH THE STATE OF OREGON, INQUIRING ABOUT THE POTENTIAL FOR A PILOT PROGRAM, LIKE THE WE FEED WA PROGRAM, FOR COMMUNITIES FACING HUNGER IN OREGON.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0414428
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0397435
IRS990/ProgSrvcAccomActyOtherGrp/Desc0CLEAN ENERGY AND TRANSPORTATION: IN PARTNERSHIP WITH CLIMATE SOLUTIONS, CLEAN AND PROSPEROUS WA, BUILD BACK BLACK ALLIANCE, AND OREGON BUSINESSES FOR CLIMATE, THE WAVE FOUNDATION CONTINUED THE BREAKING BARRIERS COLLABORATIVE, WHICH SUPPORTS BUSINESSES IN TRANSITIONING TO 100% ELECTRIFICATION OF REGIONAL BUILDINGS AND TRANSPORTATION INFRASTRUCTURE. IN 2024, THE COLLABORATION HOSTED SEVERAL ACCELERATOR PROGRAMS, HELPING 25-30 ORGANIZATIONS ACROSS WASHINGTON AND OREGONINCLUDING BIPOC-OWNED BUSINESSESRECEIVE TECHNICAL ASSISTANCE FOR ELECTRIFYING THEIR FLEETS. THIS INITIATIVE NOW INCLUDES PUBLIC AGENCIES AT THE STATE AND LOCAL LEVELS.
IRS990/ProgSrvcAccomActyOtherGrp/Desc1ENVIRONMENTAL EQUITY AND JUSTICE: THE WAVE FOUNDATION CONTINUED WORKING WITH TRIBAL AND BIPOC COMMUNITIES TO ADVANCE EQUITY AND JUSTICE GOALS WITHIN OUR CORE PROGRAMS. OUR EFFORTS TO REFORM REGIONAL FOOD SYSTEMS PRIORITIZE INCREASING ACCESS FOR TRIBAL, BIPOC, WOMEN, AND OTHER UNDERREPRESENTED FOOD PRODUCERS TO THE LARGER, MORE ECONOMICALLY VIABLE FOOD AND BEVERAGE INDUSTRY. OUR CLEAN ENERGY AND TRANSPORTATION INITIATIVES DIRECTLY BENEFIT COMMUNITIES OF COLOR, WHICH ARE OFTEN DISPROPORTIONATELY AFFECTED BY CLIMATE-RELATED POLLUTION.
IRS990/ProgSrvcAccomActyOtherGrp/Desc2YOUTH ENGAGEMENT: IN PARTNERSHIP WITH MUSCO, THE BUREAU OF INDIAN AFFAIRS, YAKAMA NATION, AND THE US SOCCER FOUNDATION, THE WAVE FOUNDATION FURTHER DEVELOPED A PROGRAM TO BUILD MINI-SPORTS COURTS IN NORTHWEST NATIVE COMMUNITIES. THESE COURTS PROVIDE TRIBAL YOUTH WITH ACCESS TO SPORTS AND PROMOTE HEALTHIER LIFESTYLES. IN 2022, THE PROJECT PARTNERS IDENTIFIED CELILO VILLAGE INDIAN COMMUNITY AS THE SITE FOR THE FIRST COURT, AND BY 2024, THE PROJECT WAS SUCCESSFULLY COMPLETED WITH FUNDING FROM THE FORD FAMILY FOUNDATION, ROUNDHOUSE FOUNDATION, AND OTHERS. THE WAVE FOUNDATION IS CONTINUING TO SECURE ADDITIONAL FUNDING AND IDENTIFY NEW PROJECT SITES TO EXPAND THIS INITIATIVE.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt024866
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt18289
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt224865
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01441378
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01055226
IRS990/PYInvestmentIncomeAmt0142
IRS990/PYOtherExpensesAmt0328428
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt057866
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01383654
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01441520
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-77218
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0774994
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01441378
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0687278
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01070965
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01806539
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05781154
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0522
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0142
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt098
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0148
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0115
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01025
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt012230
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97150
IRS990ScheduleA/PublicSupportTotal170Amt05617249
IRS990ScheduleA/SubstantialContributorsTotAmt0163905
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0774994
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01441378
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0687278
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01070965
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01806539
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05781154
IRS990ScheduleA/TotalSupportAmt05782179
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FOOD AND TRIBAL NATION COMMUNITY RELIEF
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt0558593
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0FOOD
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt05000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0COST
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE WAVE FOUNDATION MONITORS ITS FOOD PROGRAM CLOSELY TO ENSURE HEALTHY AND SUSTAINABLE FOOD GETS TO PEOPLE WHO NEED IT.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0PIONEERS OF SUSTAINABILITY LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0CONTROLLED ENTITY
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0167954
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0MANAGEMENT SERVICES.
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0THE WAVE FOUNDATION HAS AN AGREEMENT WITH PIONEERS OF SUSTAINABILITY, LLC (THE LLC) TO PERFORM PROGRAM AND GENERAL ADMINISTRATIVE SERVICES. THE LLC IS OWNED BY JUSTIN ZEULNER (PRESIDENT OF THE WAVE FOUNDATION). HOWEVER, THE AGREEMENT WAS SIGNED BY THE WAVE FOUNDATION'S TREASURER AND APPROVED BY THE OTHER BOARD MEMBER.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE WAVE FOUNDATION HAS AN AGREEMENT WITH PIONEERS OF SUSTAINABILITY, LLC (THE LLC) TO PERFORM PROGRAM AND GENERAL ADMINISTRATIVE SERVICES. THE LLC IS OWNED BY JUSTIN ZEULNER (PRESIDENT OF THE WAVE FOUNDATION). HOWEVER, THE AGREEMENT WAS SIGNED BY THE WAVE FOUNDATION'S TREASURER AND APPROVED BY THE OTHER BOARD MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 IS REVIEWED AND APPROVED BY THE PRESIDENT. A COPY IS PROVIDED TO THE BOARD PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY POSSIBLE CONFLICTS AS THEY ARISE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 103,176. MANAGEMENT AND GENERAL EXPENSES 6,897. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 110,073.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0OR
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0255256
IRS990/TotalAssetsEOYAmt0178038
IRS990/TotalAssetsGrp/BOYAmt0255256
IRS990/TotalAssetsGrp/EOYAmt0178038
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0774994
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt023879
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0828855
IRS990/TotalFunctionalExpensesGrp/TotalAmt0852734
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0255256
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0178038
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt058020
IRS990/TotalProgramServiceExpensesAmt0828855
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0522
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0775516
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0255256
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0178038
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt07530
IRS990/TravelGrp/TotalAmt07530
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt013015 NE MORRIS CT
IRS990/USAddress/CityNm0PORTLAND
IRS990/USAddress/StateAbbreviationCd0OR
IRS990/USAddress/ZIPCd097230
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0WWW.THEWAVENW.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JUSTIN ZEULNER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05033071630
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE WAVE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0WAVE
ReturnHeader/Filer/EIN0843224211
ReturnHeader/Filer/PhoneNum05033071630
ReturnHeader/Filer/USAddress/AddressLine1Txt013015 NE MORRIS CT
ReturnHeader/Filer/USAddress/CityNm0PORTLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OR
ReturnHeader/Filer/USAddress/ZIPCd097230
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0930743240
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HOFFMAN STEWART & SCHMIDT PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03 CENTERPOINTE DRIVE SUITE 300
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LAKE OSWEGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0970358663
ReturnHeader/PreparerPersonGrp/PhoneNum05032205900
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NATHAN STAMETS
ReturnHeader/ReturnTs02025-03-07T18:00:19-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$178,038
Liabilities
$0
Net assets
$178,038
Revenue
$775,516
Expenses
$852,734
Net income
-$77,218
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$0.78$0.85$0.08
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.20$0.00$0.20$0.69$0.69$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.20$0.00$0.20$1.07$1.79$0.71
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.92$0.00$0.92$1.81$0.89$0.92