The Wave
- Assets
- $15.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Big Lake, MN
- Founding
- 06/2019
- Data as of
- 12/2022
- EIN
- 83-2985273
Organization Overview
The Wave is located in Big Lake, MN. The organization was established in 2019. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wave 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 12/2022, Wave generated $124.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 19.1% each year . All expenses for the organization totaled $139.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Molly Schroeder President And Founder | 40 | $20,953 | |
Gabriela Dillon Executive Director | 40 | $24,798 | |
Michelle Risting Unsure | 20 | $12,270 | |
Parker Schroeder Unknown | 20 | $1,518 | |
Doreen Quinn Unknown | 25 | $8,704 | |
Karan Heitschmidt Program Support | 20 | $949 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $124,291 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $67 |
| Total Revenue | $124,358 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $76,773 |
| Professional fees and other payments to independent contractors | $600 |
| Occupancy, rent, utilities, and maintenance | $15,085 |
| Printing, publications, postage, and shipping | $1,323 |
| Other expenses | $46,070 |
| Total expenses | $139,851 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,276 |
| Other assets | $0 |
| Total assets | $15,276 |
| Total liabilities | $0 |
| Net assets or fund balances | $15,276 |