New Wave Corporation
EIN: 431026021 · Columbia, MO
| Metric | Value |
|---|---|
| Total Revenue | $499K |
| Total Expenses | $461K |
| Net Assets | $715K |
Is New Wave Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About New Wave Corporation
New Wave Corporation (EIN: 431026021) is a nonprofit organization based in Columbia, MO. The organization reported total revenue of $499K and total assets of $917K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Wave Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Wave Corporation is a small nonprofit that has been operating for 52 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $554K |
| Total Expenses | $461K |
| Surplus / Deficit | +$93K |
| Total Assets | $856K |
| Total Liabilities | $141K |
| Net Assets | $715K |
| Operating Margin | 16.7% |
| Debt-to-Asset Ratio | 16.5% |
| Months of Reserves | 22.3 months |
Financial Health Grade: A
In 2023, New Wave Corporation reported a surplus of $93K with revenue exceeding expenses, holds 22.3 months of operating reserves (strong position), has a debt-to-asset ratio of 16.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), New Wave Corporation's revenue has grown at a compound annual growth rate (CAGR) of 7.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.7% | +38.2% | -2.8% |
| 2022 | +107.7% | -0.4% | +88.0% |
| 2021 | -48.3% | +23.3% | +12.2% |
| 2020 | +81.0% | -21.9% | +178.4% |
| 2019 | -29.8% | +43.0% | -28.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1974 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New Wave Corporation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New Wave Corporation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $93K, with revenue exceeding expenses.
- Debt-to-asset ratio: 16.5%.
Frequently Asked Questions about New Wave Corporation
Is New Wave Corporation a legitimate charity?
New Wave Corporation (EIN: 431026021) is a registered tax-exempt nonprofit based in Missouri. It has 13 years of IRS 990 filings on record. Total revenue: $499K. No red flags identified. Financial health grade: A.
How does New Wave Corporation spend its money?
New Wave Corporation reported $499K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to New Wave Corporation tax-deductible?
New Wave Corporation is registered as a tax-exempt nonprofit (EIN: 431026021). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Wave Corporation located?
New Wave Corporation is headquartered in Columbia, Missouri and files with the IRS under EIN 431026021.
How many years of IRS 990 filings does New Wave Corporation have?
New Wave Corporation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $499K in total revenue.
Filing History
IRS 990 filing history for New Wave Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Wave Corporation's revenue has grown by 128.6%, moving from $242K to $554K. Total assets increased by 597.8% over the same period, from $123K to $856K. Total functional expenses rose by 70.5%, from $271K to $461K. In its most recent filing year (2023), New Wave Corporation reported a surplus of $93K, with revenue exceeding expenses. The organization holds $141K in liabilities against $856K in assets (debt-to-asset ratio: 16.5%), resulting in net assets of $715K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $554K | $461K | $856K | $141K | — | — |
| 2022 | $496K | $334K | $881K | $259K | — | View 990 |
| 2021 | $239K | $335K | $469K | $8K | — | View 990 |
| 2020 | $462K | $272K | $418K | $25K | — | — |
| 2019 | $255K | $348K | $150K | $23K | — | View 990 |
| 2018 | $364K | $243K | $209K | $5K | — | View 990 |
| 2017 | $232K | $207K | $91K | $25K | — | View 990 |
| 2016 | $220K | $247K | $86K | $45K | — | View 990 |
| 2015 | $222K | $250K | $99K | $32K | — | View 990 |
| 2014 | $285K | $262K | $114K | $18K | — | View 990 |
| 2013 | $249K | $248K | $104K | $31K | — | View 990 |
| 2012 | $240K | $259K | $106K | $34K | — | View 990 |
| 2011 | $242K | $271K | $123K | $31K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $554K, expenses of $461K, and assets of $856K (revenue +11.7% year-over-year).
- 2022: Revenue of $496K, expenses of $334K, and assets of $881K (revenue +107.7% year-over-year).
- 2021: Revenue of $239K, expenses of $335K, and assets of $469K (revenue -48.3% year-over-year).
- 2020: Revenue of $462K, expenses of $272K, and assets of $418K (revenue +81.0% year-over-year).
- 2019: Revenue of $255K, expenses of $348K, and assets of $150K (revenue -29.8% year-over-year).
- 2018: Revenue of $364K, expenses of $243K, and assets of $209K (revenue +56.5% year-over-year).
- 2017: Revenue of $232K, expenses of $207K, and assets of $91K (revenue +5.6% year-over-year).
- 2016: Revenue of $220K, expenses of $247K, and assets of $86K (revenue -0.8% year-over-year).
- 2015: Revenue of $222K, expenses of $250K, and assets of $99K (revenue -22.2% year-over-year).
- 2014: Revenue of $285K, expenses of $262K, and assets of $114K (revenue +14.5% year-over-year).
- 2013: Revenue of $249K, expenses of $248K, and assets of $104K (revenue +3.5% year-over-year).
- 2012: Revenue of $240K, expenses of $259K, and assets of $106K (revenue -0.8% year-over-year).
- 2011: Revenue of $242K, expenses of $271K, and assets of $123K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Wave Corporation:
Data Sources and Methodology
This transparency report for New Wave Corporation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.