Next Wave Foundation
- Assets
- $195.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Glenwood Springs, CO
- Founding
- 08/2016
- Data as of
- 12/2021
- EIN
- 81-3644390
Organization Overview
Next Wave Foundation is located in Glenwood Springs, CO. The organization was established in 2016. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Next Wave Foundation 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, Next Wave Foundation generated $81.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $12.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (23.8%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROGRAM EVENTS - EACH MONTH WE BRING TOGETHER A GROUP OF WOMEN INTERESTED IN IMPACT INVESTING AND PHILANTHROPY ANDHAVE DIFFERENT SPEAKERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bethann Kassman Secretary | 2 | $0 | |
Susan Coleman Treasurer | 2 | $0 | |
Sue Baggott Director | 2 | $0 | |
Wendee Wolfson Vice Chair | 2 | $0 | |
Alicia Robb President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $81,208 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $81,208 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,371 |
| Total expenses | $12,371 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $120,907 |
| Other assets | $0 |
| Total assets | $195,907 |
| Total liabilities | $500 |
| Net assets or fund balances | $195,407 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Next Wave Foundation has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Ewing Marion Kauffman Foundation Kansas City, MO PURPOSE: SUPPORT FOR THE VIRTUAL, SECOND ANNUAL FOUNDERS OF COLOR SHOWCASE, MAY 3, 2021. 202102-9905 | $10,000 |
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