Save The Waves Coalition
- Assets
- $498.6k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 8
- Location
- Santa Cruz, CA
- Founding
- 12/2003
- Data as of
- 12/2021
- 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 12/2021, 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 12/2021, Save The Waves Coalition generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.2% each year . All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 20.1% per year over the past 7 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
2021
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
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 2021, WE 1) IMPLEMENTED PHASE I WORK IN THE AZORES, ELEVATING SURFING COMMUNITIES WITH THE BLUE AZORES PROGRAM; 2) COMPLETED CRUCIAL RESEARCH AND TECHNICAL REPORTS TO IDENTIFY AND PRIORITIZE SURF BREAKS FOR LEGAL PROTECTION IN THE AZORES, COSTA RICA, FIJI, AND MEXICO; AND 3) EXPANDED OUR COLLABORATION WITH CONSERVATION INTERNATIONAL THROUGH THE SURF CONSERVATION PARTNERSHIP, CREATING 20 NEW SURF PROTECTED AREAS TOGETHER
WORLD SURFING RESERVES:IN 2021, SAVE THE WAVES CONTINUED TO EXPAND AND IMPROVE THE WORLD SURFING RESERVES (WSRS) PROGRAM, IMPLEMENTING THE FOLLOWING: 1) COMPLETED KEY WORK WITH THE LOCAL STEWARDSHIP COUNCIL IN PLAYA HERMOSA, COSTA RICA, TO DEVELOP THE STEWARDSHIP PLAN AND CONDUCT AN URBAN DESIGN FRAMEWORK; AND 2) IMPROVED OUR WORLD SURFING RESERVE NETWORK AND COMMUNITY BY DEVELOPING AND LAUNCHING AN INTERNAL RESOURCE HUB FOR THE LOCAL STEWARDSHIP COUNCILS TO GATHER AND SHARE KNOWLEDGE AND BEST PRACTICES.
SAVE THE WAVES APP:SAVE THE WAVES LAUNCHED VERSION 2 OF THE SAVE THE WAVES APP, IMPROVING THREAT AND SUB-THREAT CATEGORIES TO IMPROVE DATA INPUT. THE VERSION ALSO INCLUDED TRANSLATIONS INTO PORTUGUESE, SPANISH, AND FRENCH, AND INCLUDED DATA AND INFORMATION ON THE WORLD SURFING RESERVES. THE SECOND DIRTY WAVE CHALLENGE WAS HOSTED, ENGAGING NEW AND EXISTING COMMUNITY MEMBERS FROM 14 COUNTRIES AND 7 U.S. STATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nik Strong-Cvetich CEO | Officer | 40 | $120,703 |
Al Ramadan Chairperson | OfficerTrustee | 12 | $0 |
Rachel Strader Vice-Chair | OfficerTrustee | 2.5 | $0 |
Christy Chin Treasurer | OfficerTrustee | 3 | $0 |
Scott Atkinson Secretary | OfficerTrustee | 2 | $0 |
Easkey Britton Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $159,730 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,054,014 |
| Noncash contributions included in lines 1a–1f | $53,966 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,213,744 |
| Total Program Service Revenue | $0 |
| Investment income | $209 |
| 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 | $4,422 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,218,711 |
| 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 | $60,560 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $120,703 |
| Compensation of current officers, directors, key employees. | $34,009 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $454,067 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $132,913 |
| Payroll taxes | $54,002 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,134 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $208,748 |
| Advertising and promotion | $10,677 |
| Office expenses | $14,067 |
| Information technology | $16,568 |
| Royalties | $0 |
| Occupancy | $10,576 |
| Travel | $49,247 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,263 |
| All other expenses | $3,666 |
| Total functional expenses | $1,185,848 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $299,718 |
| Pledges and grants receivable | $159,821 |
| 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 | $22,350 |
| Prepaid expenses and deferred charges | $16,662 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $498,551 |
| Accounts payable and accrued expenses | $37,101 |
| Grants payable | $1,000 |
| 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 | $24,128 |
| Total liabilities | $62,229 |
| Net assets without donor restrictions | $138,755 |
| Net assets with donor restrictions | $297,567 |
| 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 | $498,551 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Save The Waves Coalition has recieved totaling $479,164.
| Awarding Organization | Amount |
|---|---|
Conservation International Foundation Arlington, VA PURPOSE: ADVANCING MARINE AND COASTAL CONSERVATION THROUGH THE SURF CONSERVATION PARTNERSHIP | $214,533 |
David And Lucile Packard Foundation Los Altos, CA PURPOSE: CONSERVATION AND SCIENCE | $90,000 |
The Marisla Foundation Laguna Beach, CA PURPOSE: GENERAL SUPPORT | $50,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $30,000 |
Rudi Schulte Family Foundation Santa Barbara, CA PURPOSE: IN FURTHERANCE OF SECTION 501(C)(3) EXEMPT PURPOSE | $20,000 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Environment | $20,000 |
Endowment Analysis
| Beg. Balance | $126,215 |
| Admin Expense | $1,062 |
| Net Contributions | $391 |
| Grants | $125,544 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Living Desert Palm Desert, CA | $126,171,704 | $34,591,756 |
Sonoma Land Trust Santa Rosa, CA | $48,073,426 | $13,750,403 |
Shasta Land Trust Redding, CA | $1,713,307 | $11,450,498 |
Center For Natural Lands Management Temecula, CA | $268,081,806 | $7,030,474 |
Truckee Donner Land Trust Truckee, CA | $49,860,390 | $8,251,860 |
Wildlands Conservancy Oak Glen, CA | $148,685,880 | $11,621,099 |
Organic Materials Review Institute Eugene, OR | $2,429,450 | $7,163,991 |
Hiipaka Llc Haleiwa, HI | $26,440,527 | $11,083,496 |
Banning Ranch Conservancy Newport Beach, CA | $180,703 | $352,883 |
Arizona Land And Water Trust Inc Tucson, AZ | $19,341,295 | $7,113,905 |
Ala Kahakai Trail Association Kamuela, HI | $15,140,176 | $6,288,942 |
Pacific Forest And Watershed Lands Stewardship Council Orangevale, CA | $18,809,229 | $90,114 |