Civic Intelligence

New Wave Arts Inc.

EIN 85-2895028 • 501(c)3 • Sunny Island, FL

Pub. 78 Eligible990-N Coverage

Profile

Company intends to engage in the activities of theater production, cross cultural theater production exchanges, and art exhibits

16485 Collins Ave Apt 2034Sunny Island, FL 33160

n/A

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

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

Liabilities / Revenue

62nd percentile

0.00x

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

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

Net Margin

28th percentile

-12%

Higher net margin than 28% of similar nonprofits.

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

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 2023

Asset Growth

39th percentile

-11%

Faster asset growth than 39% of similar nonprofits.

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

Revenue Growth

10th percentile

-78%

Faster revenue growth than 10% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$24,009

Down $3,049 (-11%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Down

$24,009

Down $3,049 (-11%) from 2022

Operations
Liabilities / Revenue62nd percentileNet Margin28th percentile

Revenue

Down

$24,428

Down $86,577 (-78%) from 2022

Expenses

Down

$27,477

Down $58,256 (-68%) from 2022

Net Income

Down

-$3,049

Down $28,321 (-112%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth39th percentile

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

$30K$20K$10K$0Assets 2020: $1Liabilities 2020: $0Net Assets 2020: $02020Assets 2021: $1Liabilities 2021: $0Net Assets 2021: $02021Assets 2022: $27,058Liabilities 2022: $0Net Assets 2022: $27,0582022Assets 2023: $24,009Liabilities 2023: $0Net Assets 2023: $24,0092023

Highlighted filing

2023

Assets$24,009
Liabilities$0
Net Assets$24,009
Open 2023 Filing

Operations Trend

Revenue Growth10th percentile

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

$150K$100K$50K$0-$50KRevenue 2020: $0Expenses 2020: $0Net Income 2020: $02020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $111,005Expenses 2022: $85,733Net Income 2022: $25,2722022Revenue 2023: $24,428Expenses 2023: $27,477Net Income 2023: -$3,0492023

Highlighted filing

2023

Revenue$24,428
Expenses$27,477
Net Income-$3,049
Open 2023 Filing

Filings

Most recent year

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

Open filing
Assets
$24,009
Liabilities
$0
Net assets
$24,009
Revenue
$24,428
Expenses
$27,477
Net income
-$3,049
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.24$0.00$0.24$0.24$0.27$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.27$0.00$0.27$1.11$0.86$0.25
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$30,948
Mission and Program Overview

Mission

Company intends to engage in the activities of theater production, cross cultural theater production exchanges, and art exhibits

Program Services

DescriptionGrantsExpenses
COMPANY INTENDS TO ENGAGE IN THE ACTIVITIES OF THEATER PRODUCTION, CROSS CULTURAL THEATER PRODUCTION EXCHANGES, AND ART EXHIBITS-$27,477
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LEV GRZHONKOPresident-$0--
Filing and Contact Details

Filer

Filer Name
New Wave Arts Inc
EIN
85-2895028
Phone
9173618849
Address
16485 COLLINS AVE APT 2034, SUNNY ISLAND, FL 33160

Signing Officer

Name
Lev Grzhonko
Title
President
Signed
2024-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Tax Target Group LLC
Address
1047 Brighton Beach Ave, Brooklyn, NY 11235
Preparer
Roman Furman
Phone
7186150500
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

“| Cash Amount Given: $14417”

Other Expenses.1

“BANK SERVICE CHARGES $60”

Raw XML Appendix146 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0LEV GRZHONKO
IRS990EZ/BooksInCareOfDetail/PhoneNum09173618849
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt016485 COLLINS AVE APT 2034
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SUNNY ISLAND
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd033160
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt027058
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt024009
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt024394
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-3049
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt027058
IRS990EZ/Form990TotalAssetsGrp/EOYAmt024009
IRS990EZ/FundraisingGrossIncomeAmt06520
IRS990EZ/GrantsAndSimilarAmountsPaidAmt014417
IRS990EZ/GrossReceiptsAmt030948
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt034
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt027058
IRS990EZ/NetAssetsOrFundBalancesEOYAmt024009
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt027058
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt024009
IRS990EZ/OccupancyRentUtltsAndMaintAmt013000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LEV GRZHONKO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt060
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0COMPANY INTENDS TO ENGAGE IN THE ACTIVITIES OF THEATER PRODUCTION, CROSS CULTURAL THEATER PRODUCTION EXCHANGES, AND ART EXHIBITS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0COMPANY INTENDS TO ENGAGE IN THE ACTIVITIES OF THEATER PRODUCTION, CROSS CULTURAL THEATER PRODUCTION EXCHANGES, AND ART EXHIBITS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt027477
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt06520
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt027477
IRS990EZ/TotalProgramServiceExpensesAmt027477
IRS990EZ/TotalRevenueAmt024428
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd0false
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd0true
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt065914
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0111000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0176914
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt034
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt05
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt039
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt034
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt05
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt039
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0176914
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt065914
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0111000
IRS990ScheduleA/Total509Grp/TotalAmt0176914
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt065948
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0111005
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0176953
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Cash Amount Given: $14417
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BANK SERVICE CHARGES $60
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LEV GRZHONKO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEW WAVE ARTS INC
ReturnHeader/Filer/BusinessNameControlTxt0NEWW
ReturnHeader/Filer/EIN0852895028
ReturnHeader/Filer/PhoneNum09173618849
ReturnHeader/Filer/USAddress/AddressLine1Txt016485 COLLINS AVE APT 2034
ReturnHeader/Filer/USAddress/CityNm0SUNNY ISLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033160
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0113414027
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Tax Target Group LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01047 Brighton Beach Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Brooklyn
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011235
ReturnHeader/PreparerPersonGrp/PhoneNum07186150500
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROMAN FURMAN
ReturnHeader/ReturnTs02024-11-15T11:43:37-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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