Overview
What is Waves Inc?
Waves Inc, headquartered in Franklin, Tennessee, is a nonprofit organization dedicated to assisting individuals with developmental disabilities. They primarily focus on early learning and intervention, providing developmental therapy to families and caregivers of children from birth to five years old who have a developmental delay or a condition with a high probability of resulting in a developmental delay. Their team of early interventionists deliver services in the child's natural environment, such as home or daycare, to increase the likelihood of consistent practice with skills. In the 2022-2023 fiscal year, 300 families benefited from their services, with 100% of the children showing progress towards specified outcomes as per their Individualized Family Service Plan (IFSP). Beyond direct support for children and caregivers, Waves Inc also offers consultation and training for childcare providers, aiming to make a significant impact in their community.
Official website here: www.wavesinc.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
Waves Inc has achieved a commendable Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and finance. The score is primarily based on a perfect score in accountability and financial practices, showcasing the organization’s transparency and effective use of resources. The charity’s fiscal management is well-structured, with significant emphasis on independent governance, evidenced by a fully independent board.
The organization excels in maintaining rigorous financial policies, including a comprehensive audit and oversight committee, and has received full marks for its conflict of interest and whistleblower policies. These practices ensure that the nonprofit operates with integrity and prioritizes the welfare of its stakeholders. The program expense ratio indicates that a significant portion of its budget is directed towards mission-related activities, further demonstrating its commitment to its cause.
While the data presents a strong overall performance, potential donors and stakeholders should continue to monitor the organization's ongoing financial health and program impact as part of their due diligence. Overall, Waves Inc stands out as a responsible and well-managed nonprofit, making it a reliable choice for those looking to support its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Waves Inc legitimate?
Waves Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Waves Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $108,256
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,296,284
For more financial information, click here
Official website here: www.wavesinc.com
What is the mission statement of Waves Inc?
Waves Inc's mission is centered around assisting individuals with developmental disabilities. Their primary activity involves providing support and therapy to families and caregivers of children, aged from birth to five years, who are experiencing developmental delays or have diagnosed conditions likely to result in such delays. These interventions are delivered in the child's natural environment, such as home or daycare, to encourage consistent practice and make the skills learned relevant to their daily lives. Beyond direct support for children and their families, Waves Inc also offers consultation and training for childcare providers. In the 2022-2023 fiscal year, 300 families benefited from their services, with 100% of the children showing progress towards their individualized developmental goals as outlined in their Family Service Plan.
Official website here: www.wavesinc.com
Who is the CEO of Waves Inc?
Lance Jordan is the President of Waves Inc.
Official website here: www.wavesinc.com
What is the revenue of Waves Inc?
Waves Inc's revenue in 2023 was $3,426,443.
Official website here: www.wavesinc.com
Who are the executives of Waves Inc and what are their salaries?
The average compensation at Waves Inc during 2023 was $32,494. There are 74 employees and 60 volunteers at Waves Inc.
Here are 13 key members and their salaries:
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- Compensation: $96,084
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- Other: $12,172
Official website here: www.wavesinc.com
Where can I find the form 990 for Waves Inc?
Waves Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.wavesinc.com
Learn more at the official website: www.wavesinc.com
Mission Statement of Waves Inc
Waves Inc, a nonprofit organization, is dedicated to assisting individuals with developmental disabilities. At the heart of its mission, Waves Inc focuses on providing support to families and caregivers whose children, from birth to five years old, are experiencing developmental delays or have conditions that are likely to result in such delays. The organization's approach is unique, as it delivers developmental therapy in the child's natural environment, be it at home, daycare, or a play setting. This strategy increases the likelihood of consistent practice with learned skills, making them more relevant to the child and family's daily routine.
In addition to direct support for children and their caregivers, Waves Inc also offers consultation and training to childcare providers. This holistic approach ensures that the child's growth and development are not limited to the home environment but also extends to their time in daycare or other educational settings. The impact of Waves Inc's work is evident in the 2022-2023 fiscal year, where 300 families benefited from their services. Remarkably, all the children in these families demonstrated progress towards their specified outcomes as outlined in their Individualized Family Service Plans (IFSP). This progress is a testament to Waves Inc's effective and personalized approach to assisting individuals with developmental disabilities.
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Impact
July, 2024
Waves Inc has a significant impact on the lives of individuals with developmental disabilities by providing essential services and support. Through their Early Learning Program, they offer developmental therapy to families and caregivers with children from birth to five years old who have developmental delays or diagnosed conditions that may lead to delays. Their interventionists work directly with these families in their everyday environments to ensure consistent practice of essential skills that are relevant to both the child and the family. In the latest fiscal year, Waves Inc served 300 families, and all children showed progress towards their specified outcomes. This demonstrates the tangible and meaningful impact Waves Inc has on improving the lives of individuals with developmental disabilities and their families.
This information is meant to be a general summary of Waves Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Program Service Revenue: $1,890,684
- Gross Receipts: $3,430,271
Assets and Liabilities:
- Total Assets: $1,432,747
- Total Liabilities: $360,266
- Net Assets: $1,072,481
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STATE FUNDING FOR PROG
Revenue
$1,828,026
PRIVATE PAY
Revenue
$35,372
ROOM AND BOARD
Revenue
$27,286
Organization Details
Founding Year
1973
Phone
(615) 794-7955Principal Officer
Lance Jordan
Main Address
1325 WEST MAIN ST 104, FRANKLIN, TN, 37064
Website
www.wavesinc.comNTEE Category
Code: P82Z - Human services
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