2026-01-21T12:29:43-06:00 2025-06-30 621199757 LBMC PC PO BOX 1869 BRENTWOOD TN 370241869 990 2024-07-01 620920595 WAVES INC WAVE 6157947955 1325 WEST MAIN ST 104 FRANKLIN TN 37064 STACI DAVIS CEO 6157947955 2026-01-21 1 1 ABIGAIL CAMPBELL P01296738 6153774600 2026-01-14 2024 2025-03-06 01:10:19Z VICKI BYARS 1325 WEST MAIN ST 104 FRANKLIN TN 37064 4241552 0 X WAVESINC.COM X 1973 TN ASSIST INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES 16 16 92 60 0 0 1345549 2317671 1615762 1844233 1023 -12171 -4968 58796 2957366 4208529 0 0 0 0 2799760 3302636 0 0 58248 619307 832162 3419067 4134798 -461701 73731 1144449 1194558 355205 331583 789244 862975 X ASSIST INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES. 0 0 1618943 1847906 THE EARLY LEARNING PROGRAM: THIS PROGRAM PROVIDES DEVELOPMENTAL THERAPY TO FAMILIES AND CAREGIVERS WHO HAVE A CHILD FROM BIRTH TO FIVE YEARS OF AGE WHO HAVE A DEVELOPMENTAL DELAY OR A DIAGNOSED CONDITION THAT HAS A HIGH PROBABILITY OF RESULTING IN DEVELOPMENTAL DELAY. EARLY INTERVENTIONISTS DELIVER SERVICES WHERE THE CHILD LIVES, LEARNS, AND PLAYS TO INCREASE THE LIKELIHOOD OF CONSISTENT PRACTICE WITH SKILLS. IN THIS SETTING, THE SKILLS LEARNED ARE FUNCTIONALLY RELEVANT TO THE CHILD AND FAMILY IN THEIR EVERYDAY ROUTINE. IN ADDITION TO DIRECT SUPPORT OF CHILDREN AND THEIR CAREGIVERS, THE INTERVENTIONIST PROVIDES CONSULTATION AND TRAINING FOR CHILDCARE PROVIDERS. IN THE FISCAL YEAR 2024-2025, 526 FAMILIES RECEIVED SERVICES. 1542070 ADULT SERVICES: OUR DAY SERVICES PROVIDE ACTIVITIES AND STRUCTURED TRAINING PROGRAMS THAT SUPPORT THE ACQUISITION, RETENTION, OR IMPROVEMENT IN COMMUNICATION, DAILY LIVING SKILLS, AND SOCIAL SKILLS FOR ADULTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES. SERVICES IN THIS PROGRAM ARE FACILITY AND/OR COMMUNITY-BASED. INTENDED OUTCOMES INCLUDE INCREASED COMPETENCY IN DAILY LIVING SKILLS AND CONNECTING INDIVIDUALS WITH THEIR COMMUNITY. ADULT DAY SERVICES ARE CURRENTLY PROVIDED IN THE WILLIAMSON COUNTY COMMUNITY. WE OPERATE TWO ADULT DAY CENTERS IN FRANKLIN AND FAIRVIEW, WHERE THESE SERVICES CAN BE PROVIDED IN ADDITION TO COMMUNITY-BASED SERVICES. 36 ADULTS ARE CURRENTLY BEING SUPPORTED IN THIS PROGRAM. INDIVIDUALS IN THIS PROGRAM ARE ALSO ENCOURAGED TO SEEK EMPLOYMENT WITH STAFF SUPPORT PROVIDED FOR ALL STAGES OF THEIR EMPLOYMENT JOURNEY. VOLUNTEERING IN THE COMMUNITY IS ALSO ENCOURAGED TO LEARN SKILLS AND BUILD SELF-ESTEEM. EXAMPLES OF VOLUNTEER ACTIVITIES INCLUDE PACKAGING AND DELIVERING LUNCHES FOR MEALS ON WHEELS, CLEANING TRAILS AT EDWIN WARNER PARK, ASSISTING WITH FOOD AND CLOTHES SORTING AT THRIFT STORES, AND ASSISTING WITH MAILINGS OR FILINGS FOR NONPROFIT ORGANIZATIONS. WAVES ALSO OPERATES FOUR HOMES WITHIN WILLIAMSON COUNTY WITH 24/7 STAFF SUPPORT. THESE HOMES PROVIDE RESIDENTIAL SUPPORT FOR 13 INDIVIDUALS. WE ALSO OFFER A SEMI-INDEPENDENT LIVING OPTION. THIS PROGRAM IS DESIGNED FOR INDIVIDUALS WHO HAVE HIGHER LEVELS OF INDEPENDENCE AND NEED LESS ASSISTANCE WITH DAILY TASKS. WE CURRENTLY SUPPORT ONE INDIVIDUAL IN THIS PROGRAM. 3161013 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 11 0 1 92 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 TN X STACI DAVIS 6157947955 1325 WEST MAIN STE 104 FRANKLIN TN 37064 STACI DAVIS CEO 40.00 X 68222 0 9922 VICKI BYARS COO 40.00 X 78199 0 9864 MARCIE STEPHENS PRESIDENT 1.00 X X 0 0 0 EMBRY NICHOLS VICE PRESIDENT 1.00 X X 0 0 0 ELLEN LUNDY TREASURER 1.00 X X 0 0 0 TINA ANDERSON SECRETARY 1.00 X X 0 0 0 TRISH STILES IMMEDIATE PAST PRESIDENT 1.00 X 0 0 0 GARY ANDERSON MEMBER 1.00 X 0 0 0 HAILEY BLANK MEMBER 1.00 X 0 0 0 MARK BOOKER MEMBER 1.00 X 0 0 0 TIFFANY HOLLAND MEMBER 1.00 X 0 0 0 JANIE HOLMES MEMBER 1.00 X 0 0 0 JACQUELINE KING MEMBER 1.00 X 0 0 0 JOHN LYNCH MEMBER 1.00 X 0 0 0 DEREK SCHLETZER MEMBER 1.00 X 0 0 0 DEBBIE SOKOL MEMBER 1.00 X 0 0 0 APRIL WIDEMAN MEMBER 1.00 X 0 0 0 ERIC WORKMAN MEMBER 1.00 X 0 0 0 146421 0 19786 0 0 0 0 0 115284 30915 1916045 255427 186193 2317671 PRIVATE PAY 624100 1532932 1532932 STATE FUNDING 624100 311301 311301 1844233 1667 1667 6500 20338 -13838 -13838 -13838 27254 30915 12685 14569 14569 CASUALTY GAIN 900099 40554 40554 MISCELLANEOUS REVENUE 900099 3673 3673 44227 4208529 1847906 0 42952 166206 139643 23641 2922 2620836 2201967 372791 46078 73092 33444 39380 268 236927 114959 120860 1108 205575 172281 29724 3570 36536 36536 142663 105613 35579 1471 4775 1874 2414 487 64261 46204 16602 1455 49277 26827 21602 848 113317 70724 42593 138963 116188 22775 79198 3231 75967 64974 22683 42291 REIMBURSED EXPENSES 51673 51673 HR AND TRAINING EXPENSE 41123 13459 27623 41 STAFF SUPPORT EXPENSES 36424 33943 2481 MISCELLANEOUS 8978 6300 2678 4134798 3161013 915537 58248 27537 238668 6348 1039 115000 115000 560665 335851 19955 3803 1106319 688159 254204 418160 160740 82037 1144449 1194558 194664 239745 10000 160541 81838 355205 331583 X 674244 747975 115000 115000 789244 862975 1144449 1194558 73731 0 X 0 1 X 1 1 1 X 751693 1605530 1378901 1345549 2317671 7399344 751693 1605530 1378901 1345549 2317671 7399344 7399344 16 23 1667 1706 578738 526814 34875 7600 58796 1206823 8607873 8709138 0.85960 0.82280 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20000 20000 498150 361306 136844 588169 326853 261316 418160 SECURITY DEPOSITS 6265 RIGHT OF USE ASSETS 75772 82037 LEASE LIABILITIES 81838 81838 X 4185880 28000 1024 29024 4156856 51673 51673 4208529 4112149 28000 1024 29024 4083125 51673 51673 4134798 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC") AND IS CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION AS DEFINED IN SECTION 509(A) OF THE IRC. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. ADDITIONALLY, THE ORGANIZATION DID NOT RECEIVE ANY UNRELATED BUSINESS INCOME DURING THE YEAR ENDED JUNE 30, 2025, WHICH WOULD BE SUBJECT TO FEDERAL TAXES. IN ACCORDANCE WITH APPLICABLE GUIDANCE, THE ORGANIZATION WILL RECOGNIZE A TAX BENEFIT ONLY IF IT IS MORE-LIKELY-THAN NOT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED WILL BE THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX BENEFIT WILL BE RECORDED. AS OF JUNE 30, 2025, MANAGEMENT IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS. THE ORGANIZATION DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. THE ORGANIZATION DID NOT RECOGNIZE OR ACCRUE ANY INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2025 NOR FOR THE YEAR THEN ENDED. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE DIFFERENCE 1,024. PART XI, LINE 4B - OTHER ADJUSTMENTS: REIMBURSED EXPENSES FROM RESIDENTS INCLUDED IN PRIVATE PAY REVENUE 51,673. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE DIFFERENCE 1,024. PART XII, LINE 4B - OTHER ADJUSTMENTS: REIMBURSED EXPENSES FROM RESIDENTS INCLUDED IN PRIVATE PAY REVENUE 51,673. BREWS AND GROOVES 18254 6000 12254 7976 FUNDRAISING BREAKFAST 39915 24915 15000 4709 58169 30915 27254 12685 12685 14569 X 1 186193 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FORM 990 IS REVIEWED BY THE CHIEF OPERATING OFFICER PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION OBTAINS A SIGNED CONFLICT OF INTEREST POLICY FROM EACH BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR'S SALARY IS DETERMINED BY OUR BOARD OF DIRECTORS. THEY CONTRACTED WITH A 3RD PARTY COMPANY FOR A COMPENSATION STUDY FOR ALL LEADERSHIP POSITIONS IN 2021. ONCE THE STUDY WAS COMPLETED, THE BOARD VOTED FOR A SALARY ADJUSTMENT FOR THE EXECUTIVE DIRECTOR POSITION. SALARIES FOR OTHER LEADERSHIP POSITIONS ARE DETERMINED BY THE EXECUTIVE DIRECTOR IN CONSULTATION WITH THE HR DIRECTOR. FOLLOWING THE 2021 STUDY, SALARIES FOR LEADERSHIP ROLES WERE ADJUSTED ACCORDINGLY. SALARIES CONTINUE TO BE REVIEWED ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.