Waves 4 Women

Nonprofit profile at a glance

EIN
834559870
IRS 990-EZ coverage
2022–2024
Forms available
Form 990 2019, Form 990-EZ 2024, Form 990-N 2021
Location
Charleston, SC, USA
Phone
8433671044
Rating
37
Verdict
REVIEW
Rating confidence
Moderate
Sector
Mental Health Treatment F31 Psychiatric, Mental Health Hospital

Official website

Reported finances

Revenue
$58,726
Expenses
$79,572
Assets
$33,418
Liabilities
$0

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

Leadership & pay

11 people listed

Executive titles in this filing

  • ERIN JONES-LISW-CP (PRESIDENT)
  • SARAH BUTLER (EXECUTIVE DIRECTOR)

People named in this filing

  • ERIN JONES-LISW-CP (PRESIDENT)
  • ASHLEY EARLY (SECRETARY)
  • AIMEE MCRAE (TREASURER)

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

We provide therapuetic surf programs for women & girls.

What it reported doing in 2024

In 2024 waves 4 women ran surf therapy clinics which served 80 women . Surf therapy clinics for women and girls incorporated surf instruction, ocean-based activities, experiential learning, and guided wellness discussions to teach life skills, (i.e. Mindfulness, growth mindset, healthy communication, and emotional regulation). These, have enabled women and girls to function more effectively in their daily lives. Surf therapy clinics also provided safe & supportive spaces for women & girls to experience community, belonging, and connection.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up and revenue 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: 0
  • Transparency & Controls: 82
  • Sustainability: 23
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

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

Sustainability

  • Operating margin: -35.5%; rating input score 16; 16th percentile among comparable filings
  • Total-asset coverage ratio: 0.42; rating input score 26; 26th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 78.4%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: -150% per year; rating input score 0; 1st percentile among comparable filings
  • Revenue growth: 21.1% per year; rating input score 100; 91st percentile among comparable filings
  • Asset growth: 18.6% per year; rating input score 100; 85th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 8 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.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Operating margin scored 16/100.
  • High — Sustainability: Total-asset coverage ratio scored 26/100.
  • High — Sustainability: Officer compensation ratio scored 1/100.