Public Charity

WAVES INC

WAVES INC is a nonprofit organization categorized as Public Charity based in FRANKLIN, TN. Its most recent IRS filing (2025) reports revenue of $4.2M, expenses of $4.1M, total assets of $1.2M. Imperigo tracks 22 reported grant relationships connected to this organization totaling approximately $886K.

EIN: 620920595 FRANKLIN, TN Developmentally Disabled Centers NTEE: P82 Latest filing: 2025
Total Revenue$4.2M
Total Expenses$4.1M
Total Assets$1.2M
Grant Records22
Funding Total$886K
Filing Years2021–2025

Mission

ASSIST INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES.

Where $100 goes at Waves Inc

How Waves Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$75 Programs the work itself
$22 Management running the organization
$3 Fundraising raising the next dollar

Inside the $75 for programs

$38
The early learning program
51% of program spending · Reported in the filing: 526 families
$37
Adult services
49% of program spending · Reported in the filing: 36 adults; 13 individuals
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

MEMBER April Wideman
MEMBER Debbie Sokol
MEMBER Derek Schletzer
TREASURER Ellen Lundy
VICE PRESIDENT Embry Nichols
MEMBER Eric Workman

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$482,482 9 grants
Economic Development
$9,830 2 grants
Human & Social Services
$7,376 4 grants
Health & Medicine
$5,033 1 grant
Unspecified
$381,197 6 grants

Financial Trends

Year Revenue Expenses Assets
2025 $4.2M $4.1M $1.2M
2024 $3.0M $3.4M $1.1M
2023 $3.4M $3.7M $1.4M
2022 $3.5M $3.3M $1.5M
2021 $3.2M $2.8M $1.3M

Between 2021 and 2025, reported annual revenue grew from $3.2M to $4.2M (+33%), with total assets most recently reported at $1.2M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for WAVES INC

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