Civic Intelligence

Waves of Education

990EZ • Fiscal year 2023 • EIN 87-1699741

Jan 01, 2023 to Dec 31, 2023 • Filed on Apr 11, 2024

29 Spring StreetRed Bank, NJ 07701

(732) 754-1997

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

89th percentile

68%

Higher net margin than 89% of similar nonprofits.

2023 filings • NTEE B • <$500k nonprofits • Source year 2023

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

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

2023 filings • NTEE B • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

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

Source year 2023

Revenue Growth

Score unavailable

No value available

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

Source year 2023

Assets

$30,690

No earlier filing loaded for comparison.

Net Assets

$30,690

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

$45,042

No earlier filing loaded for comparison.

Expenses

$14,352

No earlier filing loaded for comparison.

Net Income

$30,690

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2023: $30,690Net Assets 2023: $30,6902023Assets 2024: $44,428Net Assets 2024: $44,4282024

Highlighted filing

2023

Assets$30,690
Liabilities-
Net Assets$30,690

Operations Trend

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

$100K$50K$0Revenue 2023: $45,042Expenses 2023: $14,352Net Income 2023: $30,6902023Revenue 2024: $87,324Expenses 2024: $73,585Net Income 2024: $13,7392024

Highlighted filing

2023

Revenue$45,042
Expenses$14,352
Net Income$30,690
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Apr 11, 2024
Return Version
2023v5.0
Gross Receipts
$45,042
Mission and Program Overview

Mission

Waves of education is organized and operated exclusively for charitable and educational purposes in accordance with section 501(c)(3) of the internal revenue code. More specifically, waves of education is dedicated to providing quality education to underprivileged children in developing countries.

Program Services

DescriptionGrantsExpenses
WAVES OF EDUCATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES IN ACCORDANCE WITH SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MORE SPECIFICALLY, WAVES OF EDUCATION IS DEDICATED TO PROVIDING QUALITY EDUCATION TO UNDERPRIVILEGED CHILDREN IN DEVELOPING COUNTRIES.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ALEXANDRA CRUZDirector-$0--
KRISTINA REMSTrustee-$0--
WENDY RAMIREZTrustee-$0--
SAMANTHA REMSTrustee-$0--
MASHAL THARIANITrustee-$0--
KIRAN THARIANITrustee-$0--
JESSICA BARBOSATrustee-$0--
LAURA TONERTrustee-$0--
NICOLE PADOVANOTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Waves of Education
EIN
87-1699741
Phone
7327541997
Address
29 SPRING STREET, RED BANK, NJ 07701

Signing Officer

Name
Alexandra Cruz
Title
Director
Phone
7327541997
Signed
2024-04-11

Preparer

Firm
Pardo & Associates CPA
Address
1317 PATERSON PLANK RD STE 2, SECAUCUS, NJ 07094
Preparer
Cam Pardo CPA
Phone
2013307577
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 170 office 10,763 fundraising expeenses 884 repairs & maintenacne 1,635 total 13,452

Form 990-ez, Part III

Waves of education is organized and operated exclusively for charitable and educational purposes in accordance with section 501(c)(3) of the internal revenue code. More specifically, waves of education is dedicated to providing quality education to underprivileged children in developing countries.

Form 990-ez, Part III, Line 28

Waves of education is organized and operated exclusively for charitable and educational purposes in accordance with section 501(c)(3) of the internal revenue code. More specifically, waves of education is dedicated to providing quality education to underprivileged children in developing countries.

Raw XML Appendix140 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/PersonNm0ALEXANDRA CRUZ
IRS990EZ/BooksInCareOfDetail/PhoneNum07327541997
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0333 GRAND STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0JERSEY CITY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd007032
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt030690
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt045037
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt030690
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0900
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt030690
IRS990EZ/GrossReceiptsAmt045042
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/InvestmentIncomeAmt05
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt030690
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt030690
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt5000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt6000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt7000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt8000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ALEXANDRA CRUZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KRISTINA REMS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2WENDY RAMIREZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3SAMANTHA REMS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4MASHAL THARIANI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5KIRAN THARIANI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6JESSICA BARBOSA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7LAURA TONER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8NICOLE PADOVANO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8TRUSTEE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt013452
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0WAVES OF EDUCATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES IN ACCORDANCE WITH SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MORE SPECIFICALLY, WAVES OF EDUCATION IS DEDICATED TO PROVIDING QUALITY EDUCATION TO UNDERPRIVILEGED CHILDREN IN DEVELOPING COUNTRIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0WAVES OF EDUCATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES IN ACCORDANCE WITH SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MORE SPECIFICALLY, WAVES OF EDUCATION IS DEDICATED TO PROVIDING QUALITY EDUCATION TO UNDERPRIVILEGED CHILDREN IN DEVELOPING COUNTRIES.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt014352
IRS990EZ/TotalRevenueAmt045042
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WAVESOFEDUCATION.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt045037
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt045037
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt05
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt05
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt045042
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt045042
IRS990ScheduleA/Total509Grp/TotalAmt045042
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt045042
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt045042
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 170 OFFICE 10,763 FUNDRAISING EXPEENSES 884 REPAIRS & MAINTENACNE 1,635 TOTAL 13,452
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WAVES OF EDUCATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES IN ACCORDANCE WITH SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MORE SPECIFICALLY, WAVES OF EDUCATION IS DEDICATED TO PROVIDING QUALITY EDUCATION TO UNDERPRIVILEGED CHILDREN IN DEVELOPING COUNTRIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WAVES OF EDUCATION IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES IN ACCORDANCE WITH SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MORE SPECIFICALLY, WAVES OF EDUCATION IS DEDICATED TO PROVIDING QUALITY EDUCATION TO UNDERPRIVILEGED CHILDREN IN DEVELOPING COUNTRIES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ALEXANDRA CRUZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07327541997
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-04-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WAVES OF EDUCATION
ReturnHeader/Filer/BusinessNameControlTxt0WAVE
ReturnHeader/Filer/EIN0871699741
ReturnHeader/Filer/PhoneNum07327541997
ReturnHeader/Filer/USAddress/AddressLine1Txt029 SPRING STREET
ReturnHeader/Filer/USAddress/CityNm0RED BANK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007701
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0932283116
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PARDO & ASSOCIATES CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01317 PATERSON PLANK RD STE 2
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SECAUCUS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007094
ReturnHeader/PreparerPersonGrp/PhoneNum02013307577
ReturnHeader/PreparerPersonGrp/PreparationDt02024-04-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CAM PARDO CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-04-14T12:56:38-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ALEXANDRA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CRUZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2023 filings • NTEE B24 • <$500k nonprofits