Overview

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Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Wave is a nonprofit organization dedicated to youth organizing, providing mentoring, skills-building activities, and a supportive social environment where children feel safe, loved, and accepted. With an operating budget of $140.7K and total revenue of $148.4K for the 2024 filing year, The Wave engages the community in transformative initiatives aimed at fostering a stronger sense of belonging. The organization does not rely on a single funder for more than 50% of its revenue.

Mission Statement

THE WAVE OFFERS MENTORING SKILLS-BUILDING ACTIVITIES SPEAKERS AND A SOCIAL ENVIRONMENT IN WHICH KIDS FEEL SAFE LOVED AND A SENSE OF ACCEPTANCE AND BELONGING. THESE ACTIVITIES ALSO PROVIDE WAYS FOR OUR COMMUNITY TO BE INVOLVED IN LIFE-CHANGING WAYS AND HELP BUILD A BETTER SENSE OF COMMUNITY.
Revenues
$148.4K
Expenses
$140.7K
Net Income:
+$7.7K
Assets
$12.5K
Liabilities
$23.9K
Net Assets:
-$11.4K
Operating Budget
$140.7K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
2
Median grant size
$19.5K
Largest grant received
$34K
M
Molly Schroeder
Board Member
L
Lee Spitzengel
Employee
G
Gabriela Dillon
Board Member

Frequently Asked Questions

What is The Wave’s budget?
In 2024, The Wave reported an annual operating budget of around $141 thousand. More detailed financial information is available to registered users.
What causes does The Wave support?
The Wave supports work in Youth organizing.
Where does The Wave operate?
The Wave is headquartered in Big Lake, MN.
Who funded The Wave recently?
In 2025, The Wave received grants from COMMUNITYGIVING, Big Lake Spud Fest Inc, and MIGHTYCAUSE CHARITABLE FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant The Wave received in 2024?
The largest grant to The Wave in 2024 exceeds $34 thousand.