W A V Project is a 501(c)(3) organization based in Goldthwaite, Texas, registered in 1999, with $115,985 in FY2025 revenue. CharityIndex grades it C+.
Revenue (FY2025)
$116K
▲ 25.7% vs prior year
Human Services median: $293K
Expenses (FY2025)
$122K
Net assets
$79K
Employees
—
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 Project— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Project: 8 mo reserves · -5% margin earns a B+ on this criterion. See the exact thresholds →
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 Project— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Project: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $76K (FY2010) to $116K (FY2025) across 13 reported years.
Financial snapshot
Operating margin
-4.9%
Spent more than it raised in the latest fiscal year.
Total assets
$80K
Total liabilities
$1,544
Net assets
$79K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $115,985▲25.7% | $121,669▲30.9% | $78,630▼6.7% | $80,174▼10.0% | 990EZ |
| 2024 | $92,254▼33.7% | $92,950▲30.2% | $84,314▼0.9% | $89,103▼1.7% | 990EZ |
| 2023 | $139,042▲102% | $71,387 | $85,042▲389% | $90,604▲327% | 990EZ |
| 2022 | $68,963▲4.9% | $71,370▲1.8% | $17,389▼12.2% | $21,197▼6.0% | 990EZ |
| 2021 | $65,713▲6.9% | $70,082▲11.3% | $19,796▼26.5% | $22,552▼19.9% | 990EZ |
| 2020 | $61,484▲11.4% | $62,993▲10.3% | $26,920▼6.1% | $28,140▼4.7% | 990EZ |
| 2019 | $55,211▼7.8% | $57,118▼5.8% | $28,667▼6.2% | $29,517▼7.2% | 990EZ |
| 2018 | $59,883▲3.9% | $60,662▲0.1% | $30,574▼2.5% | $31,801▼2.6% | 990EZ |
| 2017 | $57,614▲17.5% | $60,613▲27.2% | $31,355▲35.5% | $32,653▲2.6% | 990EZ |
| 2013 | $49,022▼4.3% | $47,659▼2.4% | $23,147▼21.8% | $31,811▲2.8% | 990EZ |
| 2012 | $51,199▼11.5% | $48,806▼8.2% | $29,584▲6.9% | $30,943▲8.1% | 990EZ |
| 2011 | $57,861▼23.4% | $53,194▼29.4% | $27,681▲20.3% | $28,614▲17.5% | 990EZ |
| 2010 | $75,507 | $75,370 | $23,015 | $24,348 | 990EZ |
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.
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Data for W A V Project (EIN 75-2805757) 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.