W A V E Educational Fund Inc
Only null% goes to programs Strong reserves Growing revenue
W A V E Educational Fund Inc is a 501(c)(3) organization based in Milwaukee, Wisconsin, registered in 1998, with $969,854 in FY2024 revenue. CharityIndex grades it B.
Po Box 170393, Milwaukee, WI, 53217 EIN 39-1917076 Since 1998
Revenue (FY2024)
$970K
▲ 90.0% vs prior year
Crime & Legal median: $309K
Expenses (FY2024)
$607K
Net assets
$1.4M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for W A V E Educational Fund Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating27 mo reserves · +37% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For W A V E Educational Fund Inc: 27 mo reserves · +37% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for W A V E Educational Fund Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For W A V E Educational Fund Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- Po Box 170393, Milwaukee, WI, 53217
- City
- Milwaukee
- State
- Wisconsin
- Category
- Crime & Legal-Related
- Subcategory
- Crime Prevention
- Website
- …
Financial trends
Revenue grew from $486K (FY2016) to $970K (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $42KNet assets $1.4M
Operating margin
37.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.4M
Total liabilities
$42K
Net assets
$1.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $969,854▲90.0% | $607,300▲7.2% | $1,364,617▲36.2% | $1,406,683▲36.1% | 990 |
| 2023 | $510,510▼31.9% | $566,692▲2.1% | $1,002,063▼5.3% | $1,033,467▼3.1% | 990 |
| 2022 | $749,552▲12.0% | $555,222▲2.2% | $1,058,245▲22.5% | $1,066,849▲22.1% | 990 |
| 2021 | $669,330▲0.7% | $543,465▲8.8% | $863,915▲17.0% | $873,397▲16.8% | 990 |
| 2020 | $664,640▲8.3% | $499,520▲3.4% | $738,109▲28.9% | $748,060▲28.9% | 990 |
| 2019 | $613,763▲17.8% | $482,913▲15.3% | $572,782▲29.6% | $580,212▲28.3% | 990 |
| 2018 | $521,104▲15.2% | $418,748▲6.8% | $441,932▲30.1% | $452,215▲29.0% | 990 |
| 2017 | $452,350▼7.0% | $391,905▼13.0% | $339,576▲21.7% | $350,582▲19.8% | 990 |
| 2016 | $486,209 | $450,622 | $279,131 | $292,550 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $697K total
17 grants to W A V E Educational Fund Inc totaling $697K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Greater Milwaukee Foundation Inc | Youth gun violence prevention summer programming | 2024 | $16,250 |
| Global Impact | Grant award | 2023 | $50,000 |
| New Venture Fund | Public safety, disaster preparedness and relief | 2023 | $50,000 |
| Hopewell Fund | Civil rights, social action, advocacy | 2023 | $26,000 |
| New Venture Fund | Public safety, disaster preparedness and relief | 2022 | $50,000 |
| Hopewell Fund | Civil rights, social action, advocacy | 2022 | $45,000 |
| New Venture Fund | Public safety, disaster preparedness and relief | 2021 | $50,000 |
| New Venture Fund | Public safety, disaster preparedness and relief | 2020 | $55,000 |
| Hopewell Fund | Civil rights, social action, advocacy | 2020 | $25,000 |
| Tides Foundation | Healthy individuals and communities | 2020 | $20,000 |
| New Venture Fund | Civil rights, social action, advocacy | 2019 | $50,000 |
| New Venture Fund | Civil rights, social action, advocacy | 2019 | $50,000 |
| Tides Foundation | Project support | 2019 | $10,000 |
| New Venture Fund | Public safety, disaster preparedness and relief | 2018 | $50,000 |
| New Venture Fund | Public safety, disaster preparedness and relief | 2017 | $50,000 |
Similar organizations in Crime & Legal
Crime & Legal
Black and Brown Womyn Power Coalition Inc
Madison, WI
$965K
Bannual revenue
Crime & Legal
New Beginnings Apfv Inc
Elkhorn, WI
$1.0M
Bannual revenue
Crime & Legal
Milwaukee Bar Association Foundation Inc
Milwaukee, WI
$921K
Bannual revenue
Crime & Legal
Casa of Brown County Incorporated
Green Bay, WI
$916K
Bannual revenue
Crime & Legal
Community Justice Incorporated
Madison, WI
$901K
Bannual revenue
Crime & Legal
Expo of Wisconsin Inc
Madison, WI
$879K
Bannual revenue
Crime & Legal
Adoption Choice Inc
Milwaukee, WI
$861K
C+annual revenue
- Crime & Legal
My Way Out Inc
Milwaukee, WI
$838K
Bannual revenue
Crime & Legal
Tree House Child and Family Center Inc
Elkhorn, WI
$829K
Bannual revenue
- Crime & Legal
Manitowoc County Domestic Violence Center Inc
Manitowoc, WI
$1.1M
Bannual revenue
Compare W A V E Educational Fund Inc
Frequently asked questions
- Is W A V E Educational Fund Inc a legitimate nonprofit?
- Yes. W A V E Educational Fund Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 39-1917076, based in Milwaukee, Wisconsin. Donations are tax-deductible.
- What is W A V E Educational Fund Inc's EIN?
- W A V E Educational Fund Inc's Employer Identification Number (EIN) is 39-1917076.
- How much revenue does W A V E Educational Fund Inc report?
- W A V E Educational Fund Inc reported $969,854 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does W A V E Educational Fund Inc have?
- CharityIndex grades W A V E Educational Fund Inc B, based on financial health (reserves and operating margin).
More nonprofits in Milwaukee
Explore more
Data for W A V E Educational Fund Inc (EIN 39-1917076) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.