Save The Waves Coalition
- Assets
- $1.7m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 8
- Location
- Santa Cruz, CA
- Founding
- 12/2003
- Data as of
- 12/2023
- EIN
- 36-4515216
Organization Overview
Save The Waves Coalition is located in Santa Cruz, CA. The organization was established in 2003. According to its NTEE Classification (C34) the organization is classified as: Land Resources Conservation, under the broad grouping of Environment and related organizations. As of 12/2023, Save The Waves Coalition employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Save The Waves Coalition is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Save The Waves Coalition generated $2.6m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 24.5% each year . All expenses for the organization totaled $1.4m during the year ending 12/2023. While expenses have increased by 17.5% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SAVE THE WAVES PROTECTS SURF ECOSYSTEMS AROUND THE WORLD, FORMING COALITIONS WITH LOCAL COMMUNITIES AND UTILIZING A UNIQUE COMBINATION OF PROTECTED AREAS, STEWARDSHIP, AND GRASS-ROOTS MOBILIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAMPAIGNS AND OUTREACH:THROUGH CAMPAIGNS AND OUTREACH, SAVE THE WAVES 1) BUILT A PLAN FOR A PROTECTED AREA IN SALINA CRUZ, OAXACA, MEXICO, INCLUDING 1,000 HECTARES OF MANGROVES, THROUGH THE SALVEMOS PUNTA CONEJO CAMPAIGN; 2) ADVOCATED FOR THE PROTECTION OF PUERTO ESCONDIDO IN OAXACA, MEXICO, SUPPORTING LOCAL EFFORTS WITH A GLOBAL CAMPAIGN TO PROTECT SAND FLOW AND WATER QUALITY; AND 3) HOSTED OUR INAUGURAL COALITION SUMMIT WITH OVER 150 PARTNERS AND ATTENDEES FROM OVER 16 COUNTRIES TO SHARE, LEARN, AND EXPLORE NEW METHODS FOR SURF ECOSYSTEM CONSERVATION.
WORLD SURFING RESERVES:IN 2023, SAVE THE WAVES CONTINUED TO EXPAND AND IMPROVE THE WORLD SURFING RESERVES (WSRS) PROGRAM, IMPLEMENTING THE FOLLOWING: 1) DEDICATED THE NORTH DEVON WORLD SURFING RESERVE IN THE UNITED KINGDOM, SAFEGUARDING OVER 8 DIVERSE SURF BREAKS AND 30 KILOMETERS OF COASTLINE; 2) LAUNCHED THE PILOT WSR STEWARDSHIP FUND TO SUPPORT LOCAL PROJECTS AND SOLUTIONS AT THE WORLD SURFING RESERVES OF HUANCHACO, PERU, GUARDA DO EMBA, BRAZIL, AND NORTH DEVON, UNITED KINGDOM; AND 3) SUPPORTED THE LOCAL STEWARDSHIP COUNCIL OF ERICEIRA, PORTUGAL WORLD SURFING RESERVE IN ITS COMMITMENT WITH THE LOCAL GOVERNMENT AND KEY PARTNERS TO PROTECT 15 HECTARES OF COASTAL PROPERTY FOR PERMANENT PRESERVATION, INCLUDING BLUFF RESTORATION AROUND RIBEIRA DILHAS.
SURF PROTECTED AREA NETWORKSWE CONTINUED OUR WORK IN THE CREATION OF SURF PROTECTED AREA NETWORKS (SPANS), WORKING TO GROW OUR IMPACT IN NEW REGIONS. IN 2023, WE 1) COMPLETED CRUCIAL WORK AND TECHNICAL TOOLS WITH OUR PARTNERS IN CHILE TO ADDRESS NEEDS TO SCALE CONSERVATION EFFORTS NATIONWIDE; 2) CREATED A LEGAL FRAMEWORK FOR SURF PROTECTED AREAS WITH OUR PARTNERS IN PERU, SOCIEDAD PERUANA DE DERECHO AMBIENTAL; AND 3) COMPLETED THE SECOND PHASE OF WORK IN THE AZORES, PORTUGAL, STRENGTHENING LOCAL CAPACITY FOR SURF ECOSYSTEM PROTECTION IN ADDITION TO FINALIZING A KEY TOOL TO INFORM DECISION MAKING ON SUSTAINABLE TOURISM AND MANAGEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nik Strong-Cvetich CEO | Officer | 40 | $124,937 |
Susan Coffey Finance Manager | Officer | 30 | $65,345 |
Scott K Atkinson Co-Chairperson | OfficerTrustee | 2 | $0 |
Rachel Strader Co-Chairperson | OfficerTrustee | 3 | $0 |
Christy Chin Treasurer | OfficerTrustee | 3 | $0 |
Eric Co Secretary | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $108,735 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,464,485 |
| Noncash contributions included in lines 1a–1f | $56,046 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,573,220 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$4,048 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,569,172 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $49,195 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $190,282 |
| Compensation of current officers, directors, key employees. | $55,397 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $503,917 |
| Pension plan accruals and contributions | $15,791 |
| Other employee benefits | $133,615 |
| Payroll taxes | $64,291 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,088 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $155,907 |
| Advertising and promotion | $0 |
| Office expenses | $3,292 |
| Information technology | $14,687 |
| Royalties | $0 |
| Occupancy | $20,975 |
| Travel | $111,166 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $246 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,097 |
| All other expenses | $2,884 |
| Total functional expenses | $1,402,356 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $286,183 |
| Pledges and grants receivable | $1,371,073 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $16,182 |
| Prepaid expenses and deferred charges | $14,642 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,500 |
| Total assets | $1,690,580 |
| Accounts payable and accrued expenses | $27,092 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $36,214 |
| Total liabilities | $63,306 |
| Net assets without donor restrictions | $88,097 |
| Net assets with donor restrictions | $1,539,177 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,690,580 |