Start The Wave Inc
- Assets
- $84.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wilmington, NC
- Founding
- Data as of
- 12/2021
- EIN
- 84-3769439
Organization Overview
Start The Wave Inc is located in Wilmington, NC. According to its NTEE Classification (T40) the organization is classified as: Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Start The Wave Inc 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, Start The Wave Inc generated $112.9k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $111.2k during the year ending 12/2021. 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
START THE WAVE IS A NON-PROFIT ORGANIZATION FOCUSED ON BUILDING AN INCLUSIVE ONLINE COMMUNITY THAT EMPOWERS INDIVIDUALS TO FIND THEIR UNIQUE PATH TO CREATE POSITIVE CHANGE. WE DO THAT BY FUNDING ACTION, AMPLIFYING CHANGE, AND ENCOURAGING GROWTH. AT START THE WAVE, WE BELIEVE IN A GLOBAL MOVEMENT BASED ON LOVE AND KINDNESS THAT FOCUSES ON FINDING POSITIVE SOLUTIONS TO OUR WORLD'S PROBLEMS. OUR MAIN AREAS OF FOCUS ARE LOVE & KINDNESS, CREATIVITY & HEALING, EQUALITY & ANTI-OPPRESSION, ENVIRONMENT, UNITY & ONENESS, CONSCIOUS CONSUMING, AND PRIDE. 2021 WAS START THE WAVE'S SECOND FULL YEAR OF OPERATIONS WITH ITS PRIMARY IMPACT RESULTING FROM GRANTS MADE TO SELECT INDIVIDUALS/GROUPS/ORGANIZATIONS THAT SHARE A COMMON VISION AND GOALS ("PROJECTS"). THE ORGANIZATION ALSO PLANNED FOR THE EXPANSION OF ITS PROGRAM OUTREACH IN 2022. IN 2021, START THE WAVE PROVIDED FUNDING FOR A TOTAL OF 21 PROJECTS THAT WERE SUBMITTED AND CHOSEN FOR FUNDING IN 2020, AND 16 PROJECTS THAT WERE SUBMITTED AND CHOSEN FOR FUNDING IN 2021. THE TOTAL AMOUNT PROVIDED FOR PROJECTS SUBMITTED IN 2020 AND FUNDED IN 2021 WAS $35,001. THE TOTAL AMOUNT PROVIDED FOR PROJECTS SUBMITTED IN 2021 AND FUNDED IN 2021 WAS $56,015.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $112,902 |
| 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 | $112,902 |
| 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 | $3,656 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $322 |
| Other expenses | $16,157 |
| Total expenses | $111,151 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $84,077 |
| Other assets | $0 |
| Total assets | $84,077 |
| Total liabilities | $0 |
| Net assets or fund balances | $84,077 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Start The Wave Inc has recieved totaling $6,897.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $6,897 |
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Civic Leadership Institute Norfolk, VA | $733,120 | $508,888 |
The Triangle Nonprofit & Volunteer Leadership Center Durham, NC | $234,719 | $494,028 |
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