PHuman ServicesEIN: 620920595· Ruling Year: 1975

Waves Inc

Franklin, Tennessee

B+Health Score
69B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

💰
$3.4M
Total Revenue
📊
$3.7M
Total Expenses
🏦
$1.1M
Net Assets
📋
$360K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-3.3%
Year-over-year change (2022 → 2023)
Net Margin
-8.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.29
Net assets divided by total expenses
Liabilities-to-Assets
25.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,426,4433%$3,730,92313%$1,432,7474%
2022$3,544,65512%$3,291,49519%$1,492,27313%
2021$3,175,9765%$2,763,52110%$1,321,9949%
2020$3,015,31813%$3,056,65513%$1,453,27347%
2019$3,447,4674%$3,494,5156%$989,9456%
2018$3,317,3795%$3,304,8105%$1,050,19426%
2017$3,171,15118%$3,136,35214%$835,6994%
2016$2,677,9046%$2,740,6701%$802,50613%
2015$2,863,1114%$2,704,5544%$923,911
2014$2,750,5053%$2,821,2445%$922,38610%
2013$2,669,3296%$2,681,9344%$1,019,9553%
2012$2,835,4344%$2,804,6925%$1,047,1159%
2011$2,946,062$2,948,999$1,145,429

Frequently Asked Questions

What does Waves Inc do?

Waves Inc is a human services nonprofit organization based in Tennessee. It is classified under NTEE code P82Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Waves Inc financially healthy?

Based on our 9-metric Financial Health Score model, Waves Inc has a score of 69/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Waves Inc generate?

Waves Inc reports $4.2M in annual revenue and holds $1.2M in total assets, based on IRS filings.

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