Wakeboard Church Inc

Nonprofit profile at a glance

EIN
208994701
IRS 990-EZ coverage
2011–2024
Forms available
Form 990-EZ 2024, Form 990-N 2016
Location
Garland, TX, USA
Phone
2149382102
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Religion Related N.E.C.
Affiliation
Christianity

Reported finances

Revenue
$172,394
Expenses
$174,936
Assets
$105,383
Liabilities
$67,384

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • Corrie Wilson (President of Board of Directors)

People named in this filing

  • Mark Heger (National Director - Secretary of Board of Directors)
  • Jacob Simmons (Creative Director)
  • Bryan Larson (Board of Directors - Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Share the love of God with the wakeboard community.

What it reported doing in 2024

Wakewell's primary goal is to share and spread the love of God within the wake-board culture through weekly gatherings at local lakes, rivers, and cable parks at 15 Wakewell chapters in 8 states with approximately 40 volunteers.

Operating model

Revenue model
Donor-supported. 90% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 39
  • Transparency & Controls: 100
  • Sustainability: 28
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 39.2%; rating input score 39
  • Program expense ratio: 38.6%; rating input score 39

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -1.5%; rating input score 29; 29th percentile among comparable filings
  • Total-asset coverage ratio: 0.6; rating input score 43; 43rd percentile among comparable filings
  • Liabilities to assets ratio: 0.64; rating input score 8; 8th percentile among comparable filings
  • Officer compensation ratio: 56.9%; rating input score 3; 3rd percentile among comparable filings

Growth

  • Program expense growth: 4% per year; rating input score 100; 43rd percentile among comparable filings
  • Revenue growth: 7.4% per year; rating input score 100; 58th percentile among comparable filings
  • Asset growth: 8.6% per year; rating input score 100; 57th percentile among comparable filings

Details

  • Where the money goes: 39.2% of revenue deployed · 38.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $68K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 39/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 39/100.
  • High — Sustainability: Operating margin scored 29/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 43/100.
  • High — Sustainability: Officer compensation ratio scored 3/100.
  • High — Sustainability: Liabilities to assets ratio scored 8/100.