Nonprofit · EIN 27-3453186
WAVES OF LOVE INC
Tax-exempt (reinstated) · SARASOTA, FL 34243
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $197,236 | $185,979 | $11,257 | $40,598 | $0 | $40,598 |
| December 31, 2023 | 990-EZ | $149,819 | $149,397 | $422 | $56,291 | $0 | $56,291 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $197,236
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $10,083
- Salaries, compensation and benefits (total)
- $25,075
- Professional fees and payments to contractors
- $1,484
- Occupancy
- $6,791
- Other expenses
- $152,629
- Program services (functional)
- $100,002
Balance sheet and other
- Total assets, start of year
- $56,291
- Total assets, end of year
- $40,598
- Total liabilities, end of year
- $0
- Net assets, end of year
- $40,598
- Cash, savings and investments
- $3,810
- Gross receipts
- $197,236
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael P Lindsey | President, Director | 40 | $10,083 |
| Justin Mizell | Director | 0 | $0 |
| Paula L Lindsey | Secretary Treasurer | 40 | $0 |
| Matthew Knight | Director | 1 | $0 |
| Chad Starkey | Director | 1 | $0 |
990-EZ for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael P Lindsey | President, Director | 40 | $7,315 |
| Justin Mizell | Director | 0 | $0 |
| Paula L Lindsey | Secretary Treasurer | 40 | $0 |
| Matthew Knight | Director | 0 | $0 |
| Chad Starkey | Director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 4624 GLENBROOKE DR, SARASOTA, FL 34243-4327
- In care of
- % MICHAEL P LINDSEY
- Signed the 990-EZ
- Paula Lindsey, secretary
- Phone
- (941) 299-4302
- Website
- wavesoflove.org
Mission
To educate people in under-developed countries on Christianity, the bible, and to assist less fortunate individuals by offering educational programs, construction projects, food distribution and feeding programs. We offer others a chance to partner on the ground through trips to under-developed countries spreading the word of God and providing hope.
Program accomplishments
- 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) Children's 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.Expenses $13,600
- 2) Veterans Adventure trips under the Fortunate Son's program: This program offers a sponsored week on the mission field offering camaraderie, adventure and a service project. Thie veterans have adventures such as surfing, motorcycle riding, fishing trips, hiking volcanos and swimming. They have daily intentional talks geared towards healing through Jesus Christ. During the week the men actively served in the community providing food to a rural community of 47 people. They also installed a concrete floor into a home of a local family that had been living with a dirt floor.Expenses $61,126
- 3) Women's ministry: Agua de Vida- a non-denominational Christian program offering 3 women's conferences with more than 400 in attendance. At each conference women were treated to a lunch and received books, bibles and other teaching materials. Agua de Vida is a group of women leaders in 12 different churches of various denominations. The group gathers monthly for a luncheon and bible training. Together this group organizes the conferences held throughout the year.Expenses $3,480
- 4) College scholarships:3 colleges students. 5) Construction: single mom received a new home. 6) Library: two librarian's salaries for the year at an indigenous library, new 6 bookshelves provided, 2 whiteboards, and a laminator.Expenses $18,796
- COE22 Outpost church service. English speaking Church services weekly for ex-patriots in the community. Two weekly English speaking discipleship groups (men and women). 12-25 people are reached weeklyExpenses $3,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 27-3453186
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X90)
- Assets (IRS master file)
- $40,598
- Income (IRS master file)
- $197,236
Revocation and reinstatement
- Exemption revoked
- May 15, 2013
- Posted by the IRS
- October 21, 2013
- Reinstated
- Effective May 15, 2013
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $197,236 | $185,979 | $40,598 | IRS |
| 990-EZ | December 2023 | $149,819 | $149,397 | $56,291 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
| 990-EZ | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-3453186).
Questions about WAVES OF LOVE INC
- What is the EIN of WAVES OF LOVE INC?
- The employer identification number (EIN) of WAVES OF LOVE INC is 27-3453186.
- Is WAVES OF LOVE INC tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2013 and reinstated it effective May 15, 2013.
- Are donations to WAVES OF LOVE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WAVES OF LOVE INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of WAVES OF LOVE INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WAVES OF LOVE INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of WAVES OF LOVE INC?
- The 990-EZ for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $10,083 (Michael P Lindsey, President, Director).
- How much revenue does WAVES OF LOVE INC have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $197,236, expenses of $185,979 and total assets of $40,598 at year end.
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