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WAVES OF LOVE INC

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Public IRS 990 nonprofit record

WAVES OF LOVE INC

EIN 27-3453186 · Interfaith Coalitions (X90)

What they do

1)Feeding Programs: A) Elders Program 70 Families: Each Month We Visit Families That Care for Elders. They Receive A Food Packet of Rice, Beans, Oil, Cornmeal and Oatmeal On A Monthly Basis to Help Offset The Cost of Living for The Family. Quarterly A Hot Meal is Delivered With The Food Package. B) Childrens Feeding Program: Five Days A Week 130 Children Receive A Hot Lunch Filled With Nutrition. Meals Are Also Provided to Pregnant Mothers. C) Family Food Packets 50: Families That Are Caring for Chronically Ill Children Receive A Monthly Food Packet Containing Rice, Beans, Oil, Cornmeal and Oatmeal and A Can of Pediasure Milk. D) Community Food Distribution: Each Month We Visit A Rural Community That Has Little Access to Work and Live In Extreme Poverty. We Gather As A Community to Prepare Food Packets for Each Family Present. The Packets Contain Rice, Beans, Oil, Cornmeal and Oatmeal. The Number of Households Served In Each Community Varies From 50 to 100 Each Month.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $53.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders5 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

50.70%of revenue went to mission work53.8% of expenses · Program services
$94.29spent for every $100 of revenueRevenue covered expenses this year.
$0.22in assets for every $1 spent this yearSome assets cannot be spent right away.
100.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $10,083 for MICHAEL P LINDSEY (PRESIDENT, DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$197,236
Mission workProgram services$100,00250.70% of revenue53.8% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Revenue left after expensesReported annual surplus$11,2575.71% of revenueShown in gray on the chart
Total expenses$185,97994.29% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 53.8% mission · 0.0% management · 0.0% fundraisingTotal expenses: 94.29% of revenue
2023Expense mix: 49.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 99.72% of revenue
2021Expense mix: 8.1% mission · 0.0% management · 0.0% fundraisingTotal expenses: 119.76% of revenue
2020Expense mix: 95.9% mission · 0.0% management · 0.0% fundraisingTotal expenses: 87.98% of revenue
2019Expense mix: 94.9% mission · 0.0% management · 0.0% fundraisingTotal expenses: 110.25% of revenue
2018Expense mix: 91.1% mission · 0.0% management · 0.0% fundraisingTotal expenses: 93.61% of revenue
2017Expense mix: 95.1% mission · 0.0% management · 0.0% fundraisingTotal expenses: 108.05% of revenue

Money in and money out

Revenue$197,236
Expenses$185,979
Annual surplus $11,257 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$100,002 · 53.8% of expenses
See all reported dollar amounts
Revenue$197,236
Expenses$185,979
Assets$40,598
Income$197,236
Contributions$197,236
Mission work (program services)$100,002
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
MICHAEL P LINDSEYPRESIDENT, DIRECTOR · 40 hrs/week $10,083

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (5)

MICHAEL P LINDSEYPRESIDENT, DIRECTOR

CHAD STARKEYDIRECTOR

JUSTIN MIZELLDIRECTOR

MATTHEW KNIGHTDIRECTOR

PAULA L LINDSEYSECRETARY TREASURER

About this charity

Recognized since
January 2014
Location
4624 GLENBROOKE DR, SARASOTA, FL 34243-4327
County
Manatee
In care of
% MICHAEL P LINDSEY
Primary officer
Paula Lindsey, secretary

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990EZ
NTEE classification
Interfaith Coalitions (X90)
IRS tax category
Interfaith Coalitions

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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