Nonprofit · EIN 83-0840231
IOWA WAVE SHIRT
Tax-exempt · URBANDALE, IA 50322
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $207,995 | $191,847 | $16,148 | $297,208 | $0 | $297,208 |
| December 31, 2024 | 990 | $217,971 | $460,752 | -$242,781 | $281,060 | $0 | $281,060 |
| December 31, 2023 | 990 | $575,326 | $383,125 | $192,201 | $523,841 | $0 | $523,841 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $111,868
- Program service revenue
- $0
- Investment income
- $711
- Net income from sales of inventory
- $95,416
- Other revenue
- $95,416
Expenses
- Grants and similar amounts paid
- $100,000
- Compensation of officers, directors and key employees
- $66,174
- Salaries, compensation and benefits (total)
- $71,236
- Professional fundraising fees
- $0
- Legal fees
- $3,012
- Accounting fees
- $7,088
- Program services (functional)
- $171,719
- Management and general (functional)
- $20,128
Balance sheet and other
- Total assets, start of year
- $281,060
- Total assets, end of year
- $297,208
- Total liabilities, end of year
- $0
- Net assets, end of year
- $297,208
- Gross receipts
- $311,346
- Employees
- 1
- Volunteers
- 2
- Year formed
- 2018
- State of legal domicile
- IA
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 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LORI WILLIS | PRESIDENT Trustee or director, Officer | 2 | $0 |
| BROOKE MICKELSON | SECRETARY Trustee or director, Officer | 0.25 | $0 |
| MEIGHAN PHILLIPS | TREASURER Trustee or director, Officer | 1 | $0 |
| JASON WILLIS | DIRECTOR Trustee or director | 0.25 | $0 |
| CY PHILLIPS | DIRECTOR Trustee or director | 0.25 | $0 |
| JOHN MICKELSON | DIRECTOR Trustee or director | 0.25 | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LORI WILLIS | PRESIDENT Trustee or director, Officer | 10 | $0 |
| BROOKE MICKELSON | SECRETARY Trustee or director, Officer | 1 | $0 |
| MEIGHAN PHILLIPS | TREASURER Trustee or director, Officer | 10 | $0 |
| JASON WILLIS | DIRECTOR Trustee or director | 0.25 | $0 |
| CY PHILLIPS | DIRECTOR Trustee or director | 0.25 | $0 |
| JOHN MICKELSON | DIRECTOR Trustee or director | 0.25 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LORI WILLIS | PRESIDENT Trustee or director, Officer | 10 | $0 |
| BROOKE MICKELSON | SECRETARY Trustee or director, Officer | 1 | $0 |
| MEIGHAN PHILLIPS | TREASURER Trustee or director, Officer | 6 | $0 |
| JASON WILLIS | DIRECTOR Trustee or director | 0.25 | $0 |
| CY PHILLIPS | DIRECTOR Trustee or director | 0.25 | $0 |
| JOHN MICKELSON | DIRECTOR Trustee or director | 0.25 | $0 |
Address and contacts
- Address (IRS master file)
- 10306 DOUGLAS AVE, URBANDALE, IA 50322-2011
- In care of
- % LANCE PHILLIPS
- Principal officer (990 for 2025)
- LORI WILLIS, 15810 RIDGEMONT DRIVE, URBANDALE, IA 50323
- Signed the 990
- LORI WILLIS, PRESIDENT
- Phone
- (515) 868-3335
- Website
- THEIOWAWAVESHIRT.ORG
- Return prepared by
- HONKAMP PC
Mission
THE IOWA WAVE SHIRT CONDUCTS FUNDRAISING ACTIVITIES, PRIMARILY FROM THE SALE OF T-SHIRTS AND OTHER APPAREL, TO SUPPORT THE UNIVERSITY OF IOWA STEAD FAMILY CHILDREN'S HOSPITAL.
Program accomplishments
- THE IOWA WAVE SHIRT SUPPORTS THE UNIVERSITY OF IOWA STEAD FAMILY CHILDREN'S HOSPITAL THROUGH FUNDRAISING ACTIVITIES OF T-SHIRTS AND OTHER APPAREL. IN 2025, THE ORGANIZATION GENERATED OVER $300,000 IN REVENUE FROM SALES OF MERCHANDISE AND DONATIONS.Expenses $171,719 · grants $100,000 · revenue $95,416
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 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 83-0840231
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E11)
- Assets (IRS master file)
- $297,208
- Income (IRS master file)
- $311,346
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $207,995 | $191,847 | $297,208 | XML |
| 990 | December 2024 | $217,971 | $460,752 | $281,060 | XML |
| 990 | December 2023 | $575,326 | $383,125 | $523,841 | XML |
| 990 | December 2022 | $319,463 | $432,999 | $331,640 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 83-0840231).
Questions about IOWA WAVE SHIRT
- What is the EIN of IOWA WAVE SHIRT?
- The employer identification number (EIN) of IOWA WAVE SHIRT is 83-0840231.
- Is IOWA WAVE SHIRT tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to IOWA WAVE SHIRT tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does IOWA WAVE SHIRT 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 IOWA WAVE SHIRT due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did IOWA WAVE SHIRT last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of IOWA WAVE SHIRT?
- The 990 for the year ended December 31, 2025 names LORI WILLIS.
- Who are the officers and directors of IOWA WAVE SHIRT?
- The 990 for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does IOWA WAVE SHIRT have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $207,995, expenses of $191,847 and total assets of $297,208 at year end.
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- HAPPY HEALTHY SPINES INITIATIVE INC EIN 83-0632456 · last filed 990-N for 2025
- AVERAGE EVERYDAY MIRACLES EIN 83-3420506 · last filed 990-N for 2025
- DES MOINES CHRISTIAN SCHOOL EIN 42-1193639 · last filed 990 for 2025
- IOWA ASSOCIATION OF ELECTRIC COOPERATIVE HEALTH CARE TRUST EIN 42-1161992 · last filed 990 for 2024
- HEALTHALLIANCE BENEFIT PLAN EIN 42-6167033 · last filed 990 for 2025