Civic Intelligence

Wave Aquatics

990 • Fiscal year 2018 • EIN 91-1386855

Sep 01, 2017 to Aug 31, 2018 • Filed on Jul 15, 2019

Organization ProfileWWW.WAVEAQUATICS.ORG
PO Box 2953Kirkland, WA 98083

(206) 550-2833

Siviq Scores

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

Liabilities / Assets

65th percentile

0.22x

Higher debt load relative to assets than 65% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

44th percentile

0.07x

Higher debt load relative to revenue than 44% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

61st percentile

7.3%

Higher net margin than 61% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

86th percentile

29%

Faster asset growth than 86% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

77th percentile

23%

Faster revenue growth than 77% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets65th percentile

Assets

Up

$854,424

Up $194,415 (+29%) from 2017

Net Assets

Up

$666,470

Up $195,790 (+42%) from 2017

Liabilities

Down

$187,954

Down $1,375 (-0.7%) from 2017

Revenue And Expenses
Liabilities / Revenue44th percentileNet Margin61st percentile

Revenue

Up

$2,684,028

Up $496,831 (+23%) from 2017

Expenses

Up

$2,488,238

Up $378,558 (+18%) from 2017

Net Income

Up

$195,790

Up $118,273 (+153%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth86th percentile

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

$1.5M$1.0M$500K$0Assets 2011: $122,746Liabilities 2011: $86,057Net Assets 2011: $36,6892011Assets 2012: $184,801Liabilities 2012: $115,334Net Assets 2012: $69,4672012Assets 2013: $393,987Liabilities 2013: $170,374Net Assets 2013: $223,6132013Assets 2014: $468,082Liabilities 2014: $144,561Net Assets 2014: $323,5212014Assets 2015: $519,541Liabilities 2015: $160,693Net Assets 2015: $358,8482015Assets 2016: $566,742Liabilities 2016: $173,579Net Assets 2016: $393,1632016Assets 2017: $660,009Liabilities 2017: $189,329Net Assets 2017: $470,6802017Assets 2018: $854,424Liabilities 2018: $187,954Net Assets 2018: $666,4702018Assets 2019: $938,895Liabilities 2019: $134,274Net Assets 2019: $804,6212019Assets 2020: $725,593Liabilities 2020: $349,473Net Assets 2020: $376,1202020Assets 2021: $630,453Liabilities 2021: $133,821Net Assets 2021: $496,6322021Assets 2022: $728,556Liabilities 2022: $117,797Net Assets 2022: $610,7592022Assets 2023: $842,584Liabilities 2023: $251,067Net Assets 2023: $591,5172023Assets 2024: $1,058,190Liabilities 2024: $209,732Net Assets 2024: $848,4582024

Highlighted filing

2018

Assets$854,424
Liabilities$187,954
Net Assets$666,470
Open 2018 Filing

Operations Trend

Revenue Growth77th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $948,312Expenses 2011: $1,026,513Net Income 2011: -$78,2012011Expenses 2012: $1,224,4772012Revenue 2013: $1,628,607Expenses 2013: $1,474,461Net Income 2013: $154,1462013Revenue 2014: $1,620,096Expenses 2014: $1,520,188Net Income 2014: $99,9082014Revenue 2015: $1,788,327Expenses 2015: $1,753,000Net Income 2015: $35,3272015Revenue 2016: $1,856,248Expenses 2016: $1,821,933Net Income 2016: $34,3152016Revenue 2017: $2,187,197Expenses 2017: $2,109,680Net Income 2017: $77,5172017Revenue 2018: $2,684,028Expenses 2018: $2,488,238Net Income 2018: $195,7902018Revenue 2019: $2,553,061Expenses 2019: $2,414,910Net Income 2019: $138,1512019Revenue 2020: $1,501,870Expenses 2020: $1,930,371Net Income 2020: -$428,5012020Revenue 2021: $2,501,805Expenses 2021: $2,381,293Net Income 2021: $120,5122021Revenue 2022: $3,003,058Expenses 2022: $2,888,931Net Income 2022: $114,1272022Revenue 2023: $3,426,931Expenses 2023: $3,446,173Net Income 2023: -$19,2422023Revenue 2024: $4,104,785Expenses 2024: $3,847,844Net Income 2024: $256,9412024

Highlighted filing

2018

Revenue$2,684,028
Expenses$2,488,238
Net Income$195,790
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2017 to Aug 31, 2018
Signed
Jul 15, 2019
Return Version
2017v2.3
Gross Receipts
$2,690,470
Mission and Program Overview

Mission

Promote and teach water activities for health and recreation. Provide the opportunity for developing competitive swimming skills at all levels.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$580,159$728,410▲ $148,251
Land, Buildings, and Equipment, Net$37,883$73,999▲ $36,116
Accounts Receivable$19,228$27,926▲ $8,698
Prepaid Expenses and Deferred Charges$19,400$22,551▲ $3,151
Total Assets$660,009$854,424▲ $194,415
Other Assets Total$3,339$1,538▼ $1,801
Liabilities
Accounts Payable and Accrued Expenses$125,652$117,688▼ $7,964
Deferred Revenue$63,677$70,266▲ $6,589
Total Liabilities$189,329$187,954▼ $1,375
Net Assets / Fund Balance
Unrestricted Net Assets$469,881$666,470▲ $196,589
Temporarily Rstr Net Assets$799$0▼ $799
Total Net Assets Fund Balance$470,680$666,470▲ $195,790
Total Liabilities and Net Assets / Fund Balance$660,009$854,424▲ $194,415

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$45,383$123,888$169,271
Other Land Buildings$28,616$20,044$48,660
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Erin DunnBoard MemberFT$61,190$61,190
Michael MontgomeryBoard MemberFT$52,398$52,398
Dorothy LautmanFormer TreasurerPT$37,310$37,310
Andy PymBoard MemberFT$30,500$30,500
Matt EldridgeExecutive DirectorPT$9,423$9,423

Board Members and Trustees

NameTitle
Ann MeverdenPresident
Inbal ShaniVice President
Ivan ChachkovBoard Member
Julie SoedelTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$72,741
Program Service Revenue
$2,597,732
Investment Income
$438
Other Revenue
$13,117
All Other Contributions
$72,741
Change in Net Assets
$195,790
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,444,239
Other Expenses$1,043,999
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$968,700$123,845-$1,092,545
Occupancy$310,456--$310,456
Current Officers, Directors, Trustees, and Key Employees$144,088$46,733-$190,821
Payroll Taxes$111,747$17,131-$128,878
All Other Expenses$73,086$49,000-$122,086
Other Expenses$0$69,166-$69,166
Office Expenses-$43,407-$43,407
Other Employee Benefits$27,742$4,253-$31,995
Insurance$22,721$1,655-$24,376
Depreciation Depletion$9,564$9,564-$19,128
Fees for Services Management-$16,597-$16,597
Travel$11,442--$11,442
Information Technology-$8,835-$8,835
Fees for Services Accounting-$3,920-$3,920
Total Functional Expenses$2,084,369$403,869$0$2,488,238
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$19,559
Fundraising Direct Expenses$6,442
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Swimathon$19,559$19,559$6,442$13,117
Total Events$19,559$19,559$6,442$13,117
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“Announcement to directors that tax return is available for inspection at first meeting after received from tax preparer.”

Form 990, Part VI, Section B, Line 15

“Line 15a - determination of compensation for individuals in capacity of ceo, executive director, or management official - proposals submitted by candidates regarding expectation of compensation. Board discusses and approves by vote. Line 15b - key employees who are on the board include swim coaches and the treasurer. They are excused for the portion of the board meeting when discussions are held regarding their compensation. Additionally, they are not allowed to vote on their pay rates. Rates are based on comparable swim coach salaries in the area.”

Form 990, Part VI, Section C, Line 19

“UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Wave Aquatics
EIN
91-1386855
Phone
2065502833
Address
PO BOX 2953, KIRKLAND, WA 98083

Signing Officer

Name
Julie Soedel
Title
Treasurer
Phone
2062282931
Signed
2019-07-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Julie Soedel
Formed
1991
Legal Domicile
Wa
Voting Board Members
4
Independent Board Members
4
Employees
152
Volunteers
326

Preparer

Firm
Jeffie H Pike CPA
Address
728 H ST RD, LYNDEN, WA 98264
Preparer
Jeffie H Pike
Phone
3609200914
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“Review oversite - wave aquatics has a treasurer and management that oversees the review function. They select an independent third-party reviewer, and provide the reviewer with the necessary financial and backup information during field work. They review and sign off on the reviewer's financial statements and reports.”

Raw XML AppendixShowing 400 of 496 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/AccountsPayableAccrExpnssGrp/BOYAmt0125652
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0117688
IRS990/AccountsReceivableGrp/BOYAmt019228
IRS990/AccountsReceivableGrp/EOYAmt027926
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0PROMOTE AND TEACH WATER ACTIVITIES FOR HEALTH AND RECREATION. PROVIDE THE OPPORTUNITY FOR DEVELOPING COMPETITIVE SWIMMING SKILLS AT ALL LEVELS.
IRS990/AllOtherContributionsAmt072741
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt049000
IRS990/AllOtherExpensesGrp/ProgramServicesAmt073086
IRS990/AllOtherExpensesGrp/TotalAmt0122086
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JULIE SOEDEL
IRS990/BooksInCareOfDetail/PhoneNum02062282931
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 2953
IRS990/BooksInCareOfDetail/USAddress/CityNm0KIRKLAND
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd098083
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0580159
IRS990/CashNonInterestBearingGrp/EOYAmt0728410
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt046733
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0144088
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0190821
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt072741
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0438
IRS990/CYOtherExpensesAmt01043999
IRS990/CYOtherRevenueAmt013117
IRS990/CYProgramServiceRevenueAmt02597732
IRS990/CYRevenuesLessExpensesAmt0195790
IRS990/CYSalariesCompEmpBnftPaidAmt01444239
IRS990/CYTotalExpensesAmt02488238
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02684028
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt063677
IRS990/DeferredRevenueGrp/EOYAmt070266
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt09564
IRS990/DepreciationDepletionGrp/ProgramServicesAmt09564
IRS990/DepreciationDepletionGrp/TotalAmt019128
IRS990/Desc0OPERATE A PUBLIC SWIMMING POOL WHICH IS AVAILABLE TO THE LOCAL COMMUNITY. PROVIDES RECREATION, HEALTH, EDUCATION, TRAINING, AND COMPETITIVE ACTIVITIES. IN ADDITION TO PUBLIC SWIM, THE ORGANIZATION MADE THE POOL AVAILABLE FOR AEROBICS, SWIM CLASSES AND INSTRUCTION FOR INDIVIDUALS, AND OTHER COMPETITIVE TEAM WORKOUTS AND MEETS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0152
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt01099526
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03920
IRS990/FeesForServicesAccountingGrp/TotalAmt03920
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt016597
IRS990/FeesForServicesManagementGrp/TotalAmt016597
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt324.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt825.00
IRS990/Form990PartVIISectionAGrp/FormerOfcrDirectorTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0ERIN DUNN
IRS990/Form990PartVIISectionAGrp/PersonNm1ANDY PYM
IRS990/Form990PartVIISectionAGrp/PersonNm2MICHAEL MONTGOMERY
IRS990/Form990PartVIISectionAGrp/PersonNm3MATT ELDRIDGE
IRS990/Form990PartVIISectionAGrp/PersonNm4ANN MEVERDEN
IRS990/Form990PartVIISectionAGrp/PersonNm5INBAL SHANI
IRS990/Form990PartVIISectionAGrp/PersonNm6JULIE SOEDEL
IRS990/Form990PartVIISectionAGrp/PersonNm7IVAN CHACHKOV
IRS990/Form990PartVIISectionAGrp/PersonNm8DOROTHY LAUTMAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt061190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130500
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt252398
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt39423
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt837310
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8FORMER TREASURER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01991
IRS990/FormerOfcrEmployeesListedInd01
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt06442
IRS990/FundraisingGrossIncomeAmt019559
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02690470
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt08835
IRS990/InformationTechnologyGrp/TotalAmt08835
IRS990/InsuranceGrp/ManagementAndGeneralAmt01655
IRS990/InsuranceGrp/ProgramServicesAmt022721
IRS990/InsuranceGrp/TotalAmt024376
IRS990/InvestmentIncomeGrp/ExclusionAmt0438
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0438
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0143932
IRS990/LandBldgEquipBasisNetGrp/BOYAmt037883
IRS990/LandBldgEquipBasisNetGrp/EOYAmt073999
IRS990/LandBldgEquipCostOrOtherBssAmt0217931
IRS990/LegalDomicileStateCd0WA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0PROMOTE AND TEACH WATER ACTIVITIES FOR HEALTH AND RECREATION. PROVIDE THE OPPORTUNITY FOR DEVELOPING COMPETITIVE SWIMMING SKILLS AT ALL LEVELS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0470680
IRS990/NetAssetsOrFundBalancesEOYAmt0666470
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt013117
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt013117
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0310456
IRS990/OccupancyGrp/TotalAmt0310456
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt043407
IRS990/OfficeExpensesGrp/TotalAmt043407
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03339
IRS990/OtherAssetsTotalGrp/EOYAmt01538
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt04253
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt027742
IRS990/OtherEmployeeBenefitsGrp/TotalAmt031995
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1SWIM MEET EXPENSE
IRS990/OtherExpensesGrp/Desc2MAINTENANCE
IRS990/OtherExpensesGrp/Desc3CARD PROCESSING
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt29763
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt369166
IRS990/OtherExpensesGrp/ProgramServicesAmt0178284
IRS990/OtherExpensesGrp/ProgramServicesAmt1121643
IRS990/OtherExpensesGrp/ProgramServicesAmt2104896
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt0178284
IRS990/OtherExpensesGrp/TotalAmt1121643
IRS990/OtherExpensesGrp/TotalAmt2114659
IRS990/OtherExpensesGrp/TotalAmt369166
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0123845
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0968700
IRS990/OtherSalariesAndWagesGrp/TotalAmt01092545
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt017131
IRS990/PayrollTaxesGrp/ProgramServicesAmt0111747
IRS990/PayrollTaxesGrp/TotalAmt0128878
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt019400
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt022551
IRS990/PrincipalOfficerNm0JULIE SOEDEL
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0713940
IRS990/ProgramServiceRevenueGrp/BusinessCd1812900
IRS990/ProgramServiceRevenueGrp/BusinessCd2812900
IRS990/ProgramServiceRevenueGrp/Desc0POOL OPERATIONS
IRS990/ProgramServiceRevenueGrp/Desc1PRACTICE FEES AND REGI
IRS990/ProgramServiceRevenueGrp/Desc2SWIM MEETS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01453185
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1921857
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2222690
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01453185
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1921857
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2222690
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDE OPPORTUNITY FOR YOUTH TO DEVELOP COMPETITIVE SWIMMING SKILLS THROUGH SUPERVISED WORKOUT PROGRAMS AND SWIM MEETS
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0984843
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt01144547
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt031909
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0362
IRS990/PYOtherExpensesAmt0779175
IRS990/PYOtherRevenueAmt017700
IRS990/PYProgramServiceRevenueAmt02137226
IRS990/PYRevenuesLessExpensesAmt077517
IRS990/PYSalariesCompEmpBnftPaidAmt01330505
IRS990/PYTotalExpensesAmt02109680
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02187197
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0195790
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01453185
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt092300
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt049613
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt048563
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt030083
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt044289
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0264848
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0438
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0362
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0315
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0356
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0334
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01805
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02597732
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02137226
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01810311
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01760806
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01575747
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt09881822
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0438
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0362
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0315
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0356
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0334
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01805
IRS990ScheduleA/InvestmentIncomeCYPct00.00020
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99980
IRS990ScheduleA/PublicSupportTotal509Amt010146670
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02690032
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02186839
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01858874
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01790889
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01620036
IRS990ScheduleA/Total509Grp/TotalAmt010146670
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02690470
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02187201
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01859189
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01791245
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01620370
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt010148475
IRS990/ScheduleBRequiredInd01
IRS990ScheduleC/AvgGrassrootsLobbyingExpendGrp/CurrentYearMinus2Amt016097
IRS990ScheduleC/AvgGrassrootsLobbyingExpendGrp/CurrentYearMinus3Amt022206
IRS990ScheduleC/AvgGrassrootsLobbyingExpendGrp/TotalAmt038303
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus2Amt060288
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus3Amt059413
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/TotalAmt0119701
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus2Amt0241151
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus3Amt0237650
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/TotalAmt0478801
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearMinus2Amt016097
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearMinus3Amt022206
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/TotalAmt038303
IRS990ScheduleC/GrassrootsCeilingAmt0179552
IRS990ScheduleC/LobbyingCeilingAmt0718202
IRS990ScheduleC/SupplementalInformationDetail/ExplanationTxt0THE 2014 AND 2015 LOBBYING EXPENSE WAS FOR THE YES ON PROP 1 CAMPAIGN IN THE CITY OF KIRKLAND. PROP 1 ALLOWS THE FUNDING MECHANISM FOR THE KIRKLAND AQUATICS, RECREATION AND COMMUNITY (ARC) CENTER TO BE BUILT. THE BUILDING OF THE ARC WOULD FURTHER WAVE'S MISSION TO SUPPORT WATER ACTIVITIES BY PROVIDING MORE POOL SPACE IN THE KIRKLAND AREA.
IRS990ScheduleC/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, SCHEDULE C, PART II-A, LINE 2
IRS990ScheduleD/EquipmentGrp/BookValueAmt045383
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0123888
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0169271
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt028616
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt020044
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt048660
IRS990ScheduleD/TotalBookValueLandBuildingsAmt073999
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt06442
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SWIMATHON
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt019559
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt019559
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt019559
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt019559
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt013117
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt06442
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt06442
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt037310
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DOROTHY LAUTMAN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0FORMER TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt037310
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0PROPOSALS SUBMITTED BY CANDIDATES REGARDING EXPECTATION OF COMPENSATION. BOARD DISCUSSES AND APPROVES BY VOTE.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ANNOUNCEMENT TO DIRECTORS THAT TAX RETURN IS AVAILABLE FOR INSPECTION AT FIRST MEETING AFTER RECEIVED FROM TAX PREPARER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LINE 15A - DETERMINATION OF COMPENSATION FOR INDIVIDUALS IN CAPACITY OF CEO, EXECUTIVE DIRECTOR, OR MANAGEMENT OFFICIAL - PROPOSALS SUBMITTED BY CANDIDATES REGARDING EXPECTATION OF COMPENSATION. BOARD DISCUSSES AND APPROVES BY VOTE. LINE 15B - KEY EMPLOYEES WHO ARE ON THE BOARD INCLUDE SWIM COACHES AND THE TREASURER. THEY ARE EXCUSED FOR THE PORTION OF THE BOARD MEETING WHEN DISCUSSIONS ARE HELD REGARDING THEIR COMPENSATION. ADDITIONALLY, THEY ARE NOT ALLOWED TO VOTE ON THEIR PAY RATES. RATES ARE BASED ON COMPARABLE SWIM COACH SALARIES IN THE AREA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3REVIEW OVERSITE - WAVE AQUATICS HAS A TREASURER AND MANAGEMENT THAT OVERSEES THE REVIEW FUNCTION. THEY SELECT AN INDEPENDENT THIRD-PARTY REVIEWER, AND PROVIDE THE REVIEWER WITH THE NECESSARY FINANCIAL AND BACKUP INFORMATION DURING FIELD WORK. THEY REVIEW AND SIGN OFF ON THE REVIEWER'S FINANCIAL STATEMENTS AND REPORTS.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$854,424
Liabilities
$187,954
Net assets
$666,470
Revenue
$2,684,028
Expenses
$2,488,238
Net income
$195,790
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.06$0.21$0.85$4.10$3.85$0.26
2023Summary only. Only limited summary data is available for this year.$0.84$0.25$0.59$3.43$3.45$0.02
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.73$0.12$0.61$3.00$2.89$0.11
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.63$0.13$0.50$2.50$2.38$0.12
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.73$0.35$0.38$1.50$1.93$0.43
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.94$0.13$0.80$2.55$2.41$0.14
2018Detailed filing. Detailed filing data is available for this year.$0.85$0.19$0.67$2.68$2.49$0.20
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.66$0.19$0.47$2.19$2.11$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.57$0.17$0.39$1.86$1.82$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.52$0.16$0.36$1.79$1.75$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.47$0.14$0.32$1.62$1.52$0.10
2013Summary only. Only limited summary data is available for this year.$0.39$0.17$0.22$1.63$1.47$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.12$0.07$1.22
2011Summary only. Only limited summary data is available for this year.$0.12$0.09$0.04$0.95$1.03$0.08