Civic Intelligence

Wave Aquatics

990 • Fiscal year 2023 • EIN 91-1386855

Sep 01, 2022 to Aug 31, 2023 • Filed on Jul 08, 2024

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

74th percentile

0.30x

Higher debt load relative to assets than 74% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

47th percentile

0.07x

Higher debt load relative to revenue than 47% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

38th percentile

-0.6%

Higher net margin than 38% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

78th percentile

$128,784

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 3.8% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

72nd percentile

16%

Faster asset growth than 72% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

61st percentile

14%

Faster revenue growth than 61% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets74th percentile

Assets

Flat

$842,584

Flat from 2023

Net Assets

Flat

$591,517

Flat from 2023

Liabilities

Flat

$251,067

Flat from 2023

Revenue And Expenses
Liabilities / Revenue47th percentileNet Margin38th percentile

Revenue

Flat

$3,426,931

Flat from 2023

Expenses

Flat

$3,446,173

Flat from 2023

Net Income

Flat

-$19,242

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth72nd 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 2023: $842,584Liabilities 2023: $251,067Net Assets 2023: $591,5172023Assets 2024: $1,058,190Liabilities 2024: $209,732Net Assets 2024: $848,4582024

Highlighted filing

2023

Assets$842,584
Liabilities$251,067
Net Assets$591,517
Open 2023 Filing

Operations Trend

Revenue Growth61st 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 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

2023

Revenue$3,426,931
Expenses$3,446,173
Net Income-$19,242
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2022 to Aug 31, 2023
Signed
Jul 8, 2024
Return Version
2022v5.0
Gross Receipts
$3,426,931
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.

Wave provides a range of public aquatics programs and facilities management services in order to enhance health, fitness, safety, recreation, and quality of life for our community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$437,114$596,932▲ $159,818
Land, Buildings, and Equipment, Net$231,942$203,742▼ $28,200
Prepaid Expenses and Deferred Charges$48,065$31,093▼ $16,972
Accounts Receivable$11,435$10,817▼ $618
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$728,556$842,584▲ $114,028
Other Assets Total-$0-
Liabilities
Deferred Revenue$61,087$169,527▲ $108,440
Accounts Payable and Accrued Expenses$56,710$81,540▲ $24,830
Total Liabilities$117,797$251,067▲ $133,270
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$610,759$591,517▼ $19,242
Total Net Assets Fund Balance$610,759$591,517▼ $19,242
Total Liabilities and Net Assets / Fund Balance$728,556$842,584▲ $114,028

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$126,179$113,171$239,350
Leasehold Improvements$77,500$22,500$100,000
Other Land Buildings$63$2,386$2,449
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Chad WinkleExecutive DirectorFT$126,252$2,532$128,784

Board Members and Trustees

NameTitle
Cari BrumfieldPresident
Ben KabakciBoard Member
Bo CaoBoard Member
Chris GeitzBoard Member
Julie SoedelTreasurer
Martha SorensenVP/secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$81,133
Program Service Revenue
$3,345,709
Investment Income
$89
Other Revenue
$0
All Other Contributions
$81,133
Change in Net Assets
$-19,242
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,112,737
Other Expenses$1,333,436
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,727,673--$1,727,673
Occupancy$518,246--$518,246
Payroll Taxes$170,931$23,309-$194,240
Current Officers, Directors, Trustees, and Key Employees-$128,784-$128,784
Office Expenses$67,949$32,133-$100,082
Other Expenses$80,027--$80,027
Other Employee Benefits$62,040--$62,040
All Other Expenses$56,659--$56,659
Fees for Services Accounting-$46,286-$46,286
Depreciation Depletion-$38,793-$38,793
Insurance$34,539$2,406-$36,945
Travel$13,517--$13,517
Total Functional Expenses$3,174,462$271,711$0$3,446,173
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
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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
No
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 15A

“Determination of compensation for individuals in capacity of ceo, executive director, or management official = online research and wave's human resources provider are utilized to determine competitive rates in an acceptable range. Board discusses and approves by vote.”

Form 990, Part VI, Section C, Line 18

“UPON REQUEST”

Form 990, Part VI, Section C, Line 19

“No documents available to the public.”

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
Signed
2024-07-08
Discuss with paid preparer
Yes

Organization Details

Formed
1991
Legal Domicile
Wa
Voting Board Members
5
Independent Board Members
5
Employees
189
Volunteers
230

Preparer

Firm
Jeffie H Pike CPA
Address
1295 Bad Route Rd, Terry, MT 59349
Preparer
Jeffie H Pike CPA
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 reveiwer with the necessary financial and backup information during field work. They review and sign off on the reviewer's financial statements and reports.”

Financial Statement Notes

Part X : FIN48 Footnote

“The Organization is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. The Organization is subject to taxation on unrelated business income.Management evaluated the Organization's tax positions and concluded that the Organization had taken no uncertain tax positions that require adjustment to the financial statements.”

Raw XML AppendixShowing 400 of 460 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/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt056710
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt081540
IRS990/AccountsReceivableGrp/BOYAmt011435
IRS990/AccountsReceivableGrp/EOYAmt010817
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0WAVE PROVIDES A RANGE OF PUBLIC AQUATICS PROGRAMS AND FACILITIES MANAGEMENT SERVICES IN ORDER TO ENHANCE HEALTH, FITNESS, SAFETY, RECREATION, AND QUALITY OF LIFE FOR OUR COMMUNITY.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt081133
IRS990/AllOtherExpensesGrp/ProgramServicesAmt056659
IRS990/AllOtherExpensesGrp/TotalAmt056659
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0KIM DANG
IRS990/BooksInCareOfDetail/PhoneNum04256226012
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 2953
IRS990/BooksInCareOfDetail/USAddress/CityNm0KIRKLAND
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd098083
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0437114
IRS990/CashNonInterestBearingGrp/EOYAmt0596932
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0128784
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0128784
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt081133
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt089
IRS990/CYOtherExpensesAmt01333436
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt03345709
IRS990/CYRevenuesLessExpensesAmt0-19242
IRS990/CYSalariesCompEmpBnftPaidAmt02112737
IRS990/CYTotalExpensesAmt03446173
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03426931
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt061087
IRS990/DeferredRevenueGrp/EOYAmt0169527
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt038793
IRS990/DepreciationDepletionGrp/TotalAmt038793
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/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt0189
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt01853726
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt046286
IRS990/FeesForServicesAccountingGrp/TotalAmt046286
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
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/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt02532
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0CHAD WINKLE
IRS990/Form990PartVIISectionAGrp/PersonNm1JULIE SOEDEL
IRS990/Form990PartVIISectionAGrp/PersonNm2MARTHA SORENSEN
IRS990/Form990PartVIISectionAGrp/PersonNm3CARI BRUMFIELD
IRS990/Form990PartVIISectionAGrp/PersonNm4CHRIS GEITZ
IRS990/Form990PartVIISectionAGrp/PersonNm5BO CAO
IRS990/Form990PartVIISectionAGrp/PersonNm6BEN KABAKCI
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0126252
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2VP/SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3President
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01991
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt03426931
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt02406
IRS990/InsuranceGrp/ProgramServicesAmt034539
IRS990/InsuranceGrp/TotalAmt036945
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt089
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt089
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0138057
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0231942
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0203742
IRS990/LandBldgEquipCostOrOtherBssAmt0341799
IRS990/LegalDomicileStateCd0WA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0true
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROMOTE AND TEACH WATER ACTIVITIES FOR HEALTH AND RECREATION. PROVIDE THE OPPORTUNITY FOR DEVELOPING COMPETITIVE SWIMMING SKILLS AT ALL LEVELS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0610759
IRS990/NetAssetsOrFundBalancesEOYAmt0591517
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0610759
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0591517
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0518246
IRS990/OccupancyGrp/TotalAmt0518246
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt032133
IRS990/OfficeExpensesGrp/ProgramServicesAmt067949
IRS990/OfficeExpensesGrp/TotalAmt0100082
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt062040
IRS990/OtherEmployeeBenefitsGrp/TotalAmt062040
IRS990/OtherExpensesGrp/Desc0MAINTENANCE AND EQUIPMENT`
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2SWIM MEET EXPENSE
IRS990/OtherExpensesGrp/Desc3OPERATING FEE AGREEMENT
IRS990/OtherExpensesGrp/ProgramServicesAmt0192002
IRS990/OtherExpensesGrp/ProgramServicesAmt1132487
IRS990/OtherExpensesGrp/ProgramServicesAmt2118392
IRS990/OtherExpensesGrp/ProgramServicesAmt380027
IRS990/OtherExpensesGrp/TotalAmt0192002
IRS990/OtherExpensesGrp/TotalAmt1132487
IRS990/OtherExpensesGrp/TotalAmt2118392
IRS990/OtherExpensesGrp/TotalAmt380027
IRS990/OtherInd0X
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01727673
IRS990/OtherSalariesAndWagesGrp/TotalAmt01727673
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt023309
IRS990/PayrollTaxesGrp/ProgramServicesAmt0170931
IRS990/PayrollTaxesGrp/TotalAmt0194240
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt048065
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt031093
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0JULIE SOEDEL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0713940
IRS990/ProgramServiceRevenueGrp/BusinessCd1812900
IRS990/ProgramServiceRevenueGrp/BusinessCd2812900
IRS990/ProgramServiceRevenueGrp/Desc0POOL OPERATIONS
IRS990/ProgramServiceRevenueGrp/Desc1PRACTICE FEES AND REGIST
IRS990/ProgramServiceRevenueGrp/Desc2SWIM MEETS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01987262
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11147337
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2211110
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01987262
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11147337
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2211110
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDE OPPORTUNITY FOR YOUTH TO DEVELOP COMPETITIVE SWIMMING SKILLS THROUGH SUPERVISED WORKOUT PROGRAMS AND SWIM MEETS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01320736
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt01358447
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt064757
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt086
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01154873
IRS990/PYProgramServiceRevenueAmt02938215
IRS990/PYRevenuesLessExpensesAmt0114127
IRS990/PYSalariesCompEmpBnftPaidAmt01734058
IRS990/PYTotalExpensesAmt02888931
IRS990/PYTotalRevenueAmt03003058
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-19242
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01987262
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt081133
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt064757
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0586018
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt048922
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt030502
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0811332
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt089
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt086
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt068
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0375
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0536
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01154
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt03345709
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02938215
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01915719
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01452573
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt02542183
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt012194399
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt089
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt086
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt068
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0375
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0536
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01154
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99990
IRS990ScheduleA/PublicSupportPY509Pct00.99990
IRS990ScheduleA/PublicSupportTotal509Amt013005731
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt03426842
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt03002972
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02501737
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01501495
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02572685
IRS990ScheduleA/Total509Grp/TotalAmt013005731
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt03426931
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt03003058
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02501805
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01501870
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02573221
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt013006885
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleC/CorrectionMadeInd0false
IRS990ScheduleC/Form4720FiledInd0false
IRS990ScheduleC/Form4720FiledSection4955TaxInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0126179
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0113171
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0239350
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt077500
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt022500
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0100000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt063
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02386
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt02449
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code. The Organization is subject to taxation on unrelated business income.Management evaluated the Organization's tax positions and concluded that the Organization had taken no uncertain tax positions that require adjustment to the financial statements.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0203742
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ANNOUNCEMENT TO DIRECTORS THAT TAX RETURN IS AVAILABLE FOR INSPECTION AT FIRST MEETING AFTER RECEIVED FROM TAX PREPARER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DETERMINATION OF COMPENSATION FOR INDIVIDUALS IN CAPACITY OF CEO, EXECUTIVE DIRECTOR, OR MANAGEMENT OFFICIAL = ONLINE RESEARCH AND WAVE'S HUMAN RESOURCES PROVIDER ARE UTILIZED TO DETERMINE COMPETITIVE RATES IN AN ACCEPTABLE RANGE. BOARD DISCUSSES AND APPROVES BY VOTE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4REVIEW OVERSITE - WAVE AQUATICS HAS A TREASURER AND MANAGEMENT THAT OVERSEES THE REVIEW FUNCTION. THEY SELECT AN INDEPENDENT THIRD-PARTY REVIEWER, AND PROVIDE THE REVEIWER WITH THE NECESSARY FINANCIAL AND BACKUP INFORMATION DURING FIELD WORK. THEY REVIEW AND SIGN OFF ON THE REVIEWER'S FINANCIAL STATEMENTS AND REPORTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part XII, Line 2c
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0WA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0728556
IRS990/TotalAssetsEOYAmt0842584
IRS990/TotalAssetsGrp/BOYAmt0728556
IRS990/TotalAssetsGrp/EOYAmt0842584
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt081133
IRS990/TotalEmployeeCnt0189
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0271711
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03174462
IRS990/TotalFunctionalExpensesGrp/TotalAmt03446173
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0117797
IRS990/TotalLiabilitiesEOYAmt0251067

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

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

Open filing
Assets
$842,584
Liabilities
$251,067
Net assets
$591,517
Revenue
$3,426,931
Expenses
$3,446,173
Net income
-$19,242
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
2023Detailed filing. Detailed filing data is available for this year.$0.84$0.25$0.59$3.43$3.45$0.02
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
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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