Civic Intelligence

Wave Services Inc.

990 • Fiscal year 2011 • EIN 95-4315778

Aug 01, 2010 to Jul 31, 2011 • Filed on Jun 13, 2012

24255 Pacific Coast Highway90263-4497
Siviq Scores

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

Liabilities / Assets

68th percentile

0.56x

Higher debt load relative to assets than 68% of similar nonprofits.

2011 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2011

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2011

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2011

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2011

Asset Growth

Score unavailable

No value available

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

Source year 2011

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$63,786,681

No earlier filing loaded for comparison.

Net Assets

$28,211,748

No earlier filing loaded for comparison.

Liabilities

$35,574,933

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$70

No earlier filing loaded for comparison.

Net Income

-

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.

$200M$150M$100M$50M$0Assets 2011: $63,786,681Liabilities 2011: $35,574,933Net Assets 2011: $28,211,7482011Assets 2012: $65,336,796Liabilities 2012: $36,538,954Net Assets 2012: $28,797,8422012Assets 2013: $66,751,926Liabilities 2013: $31,313,055Net Assets 2013: $35,438,8712013Assets 2014: $68,805,235Liabilities 2014: $30,239,679Net Assets 2014: $38,565,5562014Assets 2015: $65,310,953Liabilities 2015: $24,972,349Net Assets 2015: $40,338,6042015Assets 2016: $67,598,638Liabilities 2016: $27,807,726Net Assets 2016: $39,790,9122016Assets 2017: $70,040,697Liabilities 2017: $31,298,172Net Assets 2017: $38,742,5252017Assets 2018: $60,864,127Liabilities 2018: $31,375,375Net Assets 2018: $29,488,7522018Assets 2019: $57,609,360Liabilities 2019: $27,970,956Net Assets 2019: $29,638,4042019Assets 2020: $70,472,313Liabilities 2020: $36,631,593Net Assets 2020: $33,840,7202020Assets 2021: $157,819,377Liabilities 2021: $83,996,477Net Assets 2021: $73,822,9002021Assets 2022: $134,331,794Liabilities 2022: $72,023,139Net Assets 2022: $62,308,6552022Assets 2023: $151,588,755Liabilities 2023: $66,580,227Net Assets 2023: $85,008,5282023Assets 2024: $162,494,218Liabilities 2024: $78,618,058Net Assets 2024: $83,876,1602024

Highlighted filing

2011

Assets$63,786,681
Liabilities$35,574,933
Net Assets$28,211,748

Operations Trend

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

$40M$20M$0-$20MExpenses 2011: $702011Expenses 2012: $1502012Expenses 2013: $14,5332013Revenue 2014: $423,304Expenses 2014: $31,902Net Income 2014: $391,4022014Revenue 2015: $477,248Expenses 2015: $67,061Net Income 2015: $410,1872015Revenue 2016: $2,540,070Expenses 2016: $2,601,843Net Income 2016: -$61,7732016Revenue 2017: $439,658Expenses 2017: $116,167Net Income 2017: $323,4912017Revenue 2018: $606,544Expenses 2018: $11,152,439Net Income 2018: -$10,545,8952018Revenue 2019: $506,135Expenses 2019: $1,495,763Net Income 2019: -$989,6282019Revenue 2020: $5,338,126Expenses 2020: $1,007,069Net Income 2020: $4,331,0572020Revenue 2021: $36,251,844Expenses 2021: $2,109,896Net Income 2021: $34,141,9482021Revenue 2022: $1,167,234Expenses 2022: $6,828,782Net Income 2022: -$5,661,5482022Revenue 2023: $20,416,756Expenses 2023: $1,658,372Net Income 2023: $18,758,3842023Revenue 2024: $13,692,234Expenses 2024: $32,076Net Income 2024: $13,660,1582024

Highlighted filing

2011

Revenue-
Expenses$70
Net Income-
Jump To
Filing Snapshot
Filing Period
Aug 1, 2010 to Jul 31, 2011
Signed
Jun 13, 2012
Return Version
2010v3.7
Gross Receipts
$2,858,076
Mission and Program Overview

Mission

Wave services, inc. Is a supporting organization of pepperdine university.

Filing and Contact Details

Filer

EIN
95-4315778
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IRS990ScheduleJ/Form990ScheduleJPartIII/Explanation0HIS CAPACITY AS PRESIDENT OF PEPPERDINE UNIVERSITY. PEPPERDINE UNIVERSITY MADE USE OF THE PROCEDURES DESCRIBED ON LINE 3 IN ESTABLISHING SUCH COMPENSATION. SCHEDULE J, PART I, LINE 4B WAVE SERVICES, INC. IS A SUBSIDIARY OF PEPPERDINE UNIVERSITY. all officers are compensated by pepperdine university. PEPPERDINE UNIVERSITY HAS AN INCENTIVE COMPENSATION PLAN FOR CERTAIN KEY EXECUTIVES. UNDER THE PLAN, UPON ACHIEVEMENT OF CERTAIN EXPECTATIONS AND GOALS AND AT THE DISCRETIONARY OF THE BOARD OF DIRECTORS THE PARTICIPANT WILL RECEIVE A UNIVERSITY CONTRIBUTION TO THE PLAN FOR THAT PLAN YEAR. UNIVERSITY CONTRIBUTIONS TO THE PLAN BECOME GRADUALLY VESTED BEGINNING WITH THE LAST DAY OF THE 3RD PLAN YEAR FOLLOWING THE CONTRIBUTION AND VEST 100% AT THE COMPLETION OF THE 7TH PLAN YEAR FOLLOWING THE AWARD. THE FOLLOWING AMOUNTS WERE AWARDED IN CALENDER YEAR 2010: ANDREW K. BENTON - $82,740 SAMUEL HINKLE - $35,178 PAUL B. LASITER - $35,275 CHARLES PIPPIN - $44,505 THE FOLLOWING AMOUNTS WERE VESTED AND INCLUDED IN THE EMPLOYEE'S COMPENSATION IN 2010: ANDREW K BENTON - $35,476 CHARLES PIPPIN - $41,502 SAMUEL HINKLE - $6,804 SCHEDULE J, PART I, LINE 7 SEE RESPONSE FOR SCHEDULE J, PART I, LINE 4B. IN ADDITION, BONUSES MAY BE NON FIXED AMOUNTS INCLUDING PAYMENTS FOR EXTRAORDINARY SERVICE RENDERED TO BENEFIT THE UNIVERSITY. ALL SUCH AMOUNTS ARE PAID BY THE UNIVERSITY AND NOT THE FILING ORGANIZATION. SCHEDULE J, PART II, COLUMN B(III) - CERTAIN AMOUNTS INCLUDED IN THIS COLUMN, WERE PREVIOUSLY REPORTED ON PRIOR YEAR'S FORM 990, AS AMOUNTS AWARDED UNDER THE INCENTIVE COMPENSATION PLAN DISCLOSED IN RESPONSE TO SCHEDULE J, PART I, LINE 4B.
IRS990ScheduleJ/Form990ScheduleJPartIII/Identifier0SCHEDULE J, PART I, LINE 3
IRS990ScheduleJ/Form990ScheduleJPartIII/ReturnReference0ANDREW K. BENTON RECEIVED COMPENSATION FROM PEPPERDINE UNIVERSITY IN
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IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs5281715
IRS990ScheduleJ/InitialContractException0false
IRS990/ScheduleJRequired0true
IRS990ScheduleJ/SeverancePayment0false
IRS990ScheduleJ/SupplementalNonqualRetirePlan0true
IRS990ScheduleM/AnyPropertyThatMustBeHeld0false
IRS990ScheduleM/Form990ScheduleMPartII/Explanation0DURING THE YEAR. SCHEDULE M, PART I, LINE 32A WAVE SERVICES, INC. USES THIRD PARTIES TO SELL NONCASH CONTRIBUTIONS OF DOMESTIC AND FOREIGN SECURITIES, PHYSICAL CERTIFICATES, AND RESTRICTED CERTIFICATES.
IRS990ScheduleM/Form990ScheduleMPartII/Identifier0SCHEDULE M, PART I, COLUMN (B)
IRS990ScheduleM/Form990ScheduleMPartII/ReturnReference0wave services, inc. IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED
IRS990ScheduleM/NumberOf8283Received010
IRS990ScheduleM/RealEstateResidential/MethodOfDeterminingRevenues0FMV
IRS990ScheduleM/RealEstateResidential/NonCashCheckbox0X
IRS990ScheduleM/RealEstateResidential/NoncashContribsRptdF9900198159
IRS990ScheduleM/RealEstateResidential/NumberOfContributions02
IRS990ScheduleM/ReviewProcessUnusualNCGifts0true
IRS990ScheduleM/SecuritiesCloselyHeldStock/MethodOfDeterminingRevenues0FMV
IRS990ScheduleM/SecuritiesCloselyHeldStock/NonCashCheckbox0X
IRS990ScheduleM/SecuritiesCloselyHeldStock/NoncashContribsRptdF9900257423

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$162$78.6$83.9$13.7$0.03$13.7
2023Summary only. Only limited summary data is available for this year.$152$66.6$85.0$20.4$1.66$18.8
2022Summary only. Only limited summary data is available for this year.$134$72.0$62.3$1.17$6.83$5.66
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$158$84.0$73.8$36.3$2.11$34.1
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$70.5$36.6$33.8$5.34$1.01$4.33
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$57.6$28.0$29.6$0.51$1.50$0.99
2018Summary only. Only limited summary data is available for this year.$60.9$31.4$29.5$0.61$11.2$10.5
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$70.0$31.3$38.7$0.44$0.12$0.32
2016Detailed filing. Detailed filing data is available for this year.$67.6$27.8$39.8$2.54$2.60$0.06
2015Detailed filing. Detailed filing data is available for this year.$65.3$25.0$40.3$0.48$0.07$0.41
2014Detailed filing. Detailed filing data is available for this year.$68.8$30.2$38.6$0.42$0.03$0.39
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$66.8$31.3$35.4$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$65.3$36.5$28.8$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$63.8$35.6$28.2$0.00