Civic Intelligence

Waves of Recovery Incoporated

EIN 88-2121181 • 501(c)3 • El Segundo, CA

Profile

At Waves of Recovery, our mission is to help individuals in recovery from mental health and addiction find community, connection and healing through surfing! We believe in the transformative power of the ocean to heal and inspire.We strive to introduce people to a new freedom and a new happiness, while sharing tools to help people to grow in understanding and effectiveness. In & out of the water. Over the years, Waves of Recovery has touched the lives of countless individuals, empowering them to embrace sobriety, regain confidence, and reconnect with themselves and others. Our participants leave our programs equipped with new skills and a renewed sense of hope for the future.

516 Standard StreetEl Segundo, CA 90245

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Siviq Scores

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

Liabilities / Assets

99th percentile

13.54x

Higher debt load relative to assets than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

87th percentile

0.22x

Higher debt load relative to revenue than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

23rd percentile

-21%

Higher net margin than 23% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

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 2024

Asset Growth

Score unavailable

No value available

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

Source year 2024

Revenue Growth

Score unavailable

No value available

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

Source year 2024

Assets

$325

No earlier filing loaded for comparison.

Liabilities

$4,402

No earlier filing loaded for comparison.

Net Assets

-$4,077

No earlier filing loaded for comparison.

Revenue

$19,761

No earlier filing loaded for comparison.

Expenses

$23,838

No earlier filing loaded for comparison.

Net Income

-$4,077

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$5.0K$0-$5.0KAssets 2024: $325Liabilities 2024: $4,402Net Assets 2024: -$4,0772024

Highlighted filing

2024

Assets$325
Liabilities$4,402
Net Assets-$4,077

Operations Trend

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

$30K$20K$10K$0-$10KRevenue 2024: $19,761Expenses 2024: $23,838Net Income 2024: -$4,0772024

Highlighted filing

2024

Revenue$19,761
Expenses$23,838
Net Income-$4,077

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.33$4.40$4.08$19.8$23.8$4.08