Wave Project
- Assets
- $189.9k
- Revenue
- $228.4k
- Investments
- $0.0
- Employees
- 9
- Location
- Clinton Township, MI
- Founding
- 10/2018
- Data as of
- 12/2023
- EIN
- 83-1340243
Organization Overview
Wave Project is located in Clinton Township, MI. The organization was established in 2018. According to its NTEE Classification (P85) the organization is classified as: Homeless Centers, under the broad grouping of Human Services and related organizations. As of 12/2023, Wave Project employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wave Project 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, Wave Project generated $228.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 25.4% each year . All expenses for the organization totaled $236.5k during the year ending 12/2023. 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
THE CORPORATION HAS BEEN ORGANIZED TO PROVIDE SERVICES AND BASIC ITEMS TO THE UNDERSERVED OR PEOPLE EXPERIENCING HOMELESSNESS IN MICHIGAN, AND SPECIFICALLY IN MACOMB, OAKLAND AND WAYNE COUNTIES. OUR MISSION: SHARING LOVE BY PROVIDING MOBILE SHOWERS AND ESSENTIALS TO THOSE IN NEED. OUR GOAL IS TO BUILD RELATIONSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED MOBILE SHOWER SERVICE TO HOMELESS LIVING IN THE GREATER DETROIT AREA. OUR MOBILE SHOWERS ARE EQUIPED WITH A TOILET, SINK AND STAND-UP SHOWER. THE SHOWER TRAILER IS MOVED AROUND THE DETROIT AREA EACH WEEK. AT OUR SERVICE EVENTS ALL ARE WELCOMED AND VALUED.
PROVIDED ESSENTIAL ITEMS INCLUDING SEASONALLY APPROPRIATE CLOTHING, UNDERGARMENTS AND HYGIENE KITS TO OUR GUESTS. LIKE THE SHOWER TRAILER, THE ESSENTIALS VAN MOVES AROUND THE GREATER DETROIT AREA EACH WEEK.
ESTABLISH PANTRIES IN MACOMB, OAKLAND, AND WAYNE COUNTIES WHERE THE UNDERSERVED CAN TAKE FOOD AND OTHER ITEMS THEY NEED AND OTHERS CAN LEAVE WHAT THEY CAN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Gordon Essentials Van Coordinator | Officer | 25 | $21,525 |
Todd Gordon Executive Director | Officer | 30 | $20,000 |
Patrick Mceachin Mobile Service Coordinator | Officer | 16 | $13,800 |
Dr Rocky Pinhero Chairman | Officer | 5 | $0 |
Amanda Brey Secretary | Officer | 3 | $0 |
James Asher Vice Chairman | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $19,462 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $205,589 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $225,051 |
| Total Program Service Revenue | $0 |
| Investment income | $3,369 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $228,420 |
| 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 | $0 |
| Benefits paid to or for members | $4,621 |
| Compensation of current officers, directors, key employees. | $55,325 |
| Compensation of current officers, directors, key employees. | $20,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $46,880 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $12,383 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $463 |
| Office expenses | $0 |
| Information technology | $306 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $16,826 |
| Insurance | $17,002 |
| All other expenses | $18,429 |
| Total functional expenses | $236,497 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,246 |
| Savings and temporary cash investments | $154,010 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $41,788 |
| Net Land, buildings, and equipment | $39,116 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | -$50,259 |
| Total assets | $189,901 |
| Accounts payable and accrued expenses | $343 |
| 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 | $0 |
| Total liabilities | $343 |
| Net assets without donor restrictions | $139,299 |
| Net assets with donor restrictions | $50,259 |
| 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 | $189,901 |