B โ€” EducationEIN: 954315778ยท Ruling Year: 1992

Wave Services Inc

Malibu, California

B-Health Score
52B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

๐Ÿ’ฐ
$20.4M
Total Revenue
๐Ÿ“Š
$1.7M
Total Expenses
๐Ÿฆ
$85.0M
Net Assets
๐Ÿ“‹
$66.6M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+1649.2%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+91.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
51.26
Net assets divided by total expenses
Liabilities-to-Assets
43.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$20,416,756โ†‘1649%$1,658,372โ†“76%$151,588,755โ†‘13%
2022$1,167,234โ†“97%$6,828,782โ†‘224%$134,331,794โ†“15%
2021$36,251,844โ†‘579%$2,109,896โ†‘110%$157,819,377โ†‘124%
2020$5,338,126โ†‘955%$1,007,069โ†“33%$70,472,313โ†‘22%
2019$506,135โ†“17%$1,495,763โ†“87%$57,609,360โ†“5%
2018$606,544โ†‘38%$11,152,439โ†‘9500%$60,864,127โ†“13%
2017$439,658โ†“83%$116,167โ†“96%$70,040,697โ†‘4%
2016$2,540,070โ†‘432%$2,601,843โ†‘3780%$67,598,638โ†‘4%
2015$477,248โ†‘13%$67,061โ†‘110%$65,310,953โ†“5%
2014$423,304โ†“86%$31,902โ†‘120%$68,805,235โ†‘3%
2013$2,996,211โ†‘188%$14,533โ†‘9589%$66,751,926โ†‘2%
2012$1,040,081โ†“64%$150โ†‘114%$65,336,796โ†‘2%
2011$2,858,076$70$63,786,681

Frequently Asked Questions

What does Wave Services Inc do?โ–ผ

Wave Services Inc is a education nonprofit organization based in California. It is classified under NTEE code B110 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Wave Services Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Wave Services Inc has a score of 52/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Wave Services Inc generate?โ–ผ

Wave Services Inc reports $110K in annual revenue and holds $147.9M in total assets, based on IRS filings.

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Wave Services Inc โ€” Malibu, CA | GiveScope