STREETWAVES INC

EIN: 270264330 501(c)(3) Recreation & Sports

Delray Beach, FL

Total Revenue
$242,500
Total Expenses
$65,000
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
FL
Phone
3059019752
Tax Period
2023-01-01 to 2023-12-31

STREETWAVES INC, founded in 2008, is a small nonprofit in the Recreation & Sports sector that reported $242K in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $178K, a strong 73% operating margin.

Mission

The StreetWaves Mentorship program is designed to provide professional level instruction in swimming, surfing, boating safety, environmental education, and maritime career training. Additionally, the program shares environmental education and exposes the youth to maritime careers. Our team is passionate about exposing BIPOC (Brown, Indigenous, People Of Color) youth to ocean life. StreetWaves offers personal growth, improved physical and emotional well-being, an increased awareness of our natural environment and most importantly, water intelligence.

Program Service Accomplishments

Program 1
Expenses: $50,000

Kids and Cops Offshore Fishing: Participants served 15 Police Officers and 12 Sherriff's Deputies, 37 youth participants 14 Fishing trips. Our objective is to unite law enforcement with local...

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Kids and Cops Offshore Fishing: Participants served 15 Police Officers and 12 Sherriff's Deputies, 37 youth participants 14 Fishing trips. Our objective is to unite law enforcement with local underserved youth in an effort to build camaraderie, and engage in meaningful conversation while angling ocean going fish.

Program 2
Expenses: $110,000

StreetWaves Aquatics Enrichment Program is designed to provide swimming, surfing, ocean safety skills, environmental education, social skill development and mentorship during after-school hours. Our...

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StreetWaves Aquatics Enrichment Program is designed to provide swimming, surfing, ocean safety skills, environmental education, social skill development and mentorship during after-school hours. Our innovative and exciting program supports youth to achieve higher self-esteem, develop personal life skills and engage in empowering lessons and educational ocean activities that provide an inspiring new experience. Offered in Deerfield Beach and Delray Beach Monday through Friday from end of school day to 6PM, students are picked up directly from their campus and dropped off at alternating locations: beach, pool and marina. Students are supervised outdoors by our Instructors, certified American Red Cross lifeguards. By the end of each enrichment program students will be proficient swimmers, experienced surfers and knowledgeable about water safety and environmental issues. After-school homework assistance is intended to be a guidance tool for the student and they are required to bring their materials and opt in for assistance.

Program 3
Expenses: $30,000

The Endless Summer Surf Camps are sponsored in part by Surfings Evolution and Preservation Foundation and is an extension of our awesome aquatics enrichment programs. Designed to provide surfing...

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The Endless Summer Surf Camps are sponsored in part by Surfings Evolution and Preservation Foundation and is an extension of our awesome aquatics enrichment programs. Designed to provide surfing, ocean safety skills, environmental education, social skill development and mentorship to underserved communities during the summertime. Our educational marine-based programs are enriching and effective and our innovative and exciting camp gets rave reviews from our student participants and parents. Thanks to our relationship with Bruce Brown Films, the makers of the original iconic 1960's "The Endless Summer" movie, we are the official "The Endless Summer Surf Camp." The work of Bruce Brown Films and StreetWaves really resonate with one another. Both the movie and our organization go out on a limb to make surfing adventures happen even for those less likely to experience surfing.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $242,500
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $242,500

Expense Breakdown

Grants Paid $0
Salaries & Benefits $65,000
Fundraising Expenses $0
Program Expenses $190,000
Other Expenses $0
TOTAL EXPENSES $65,000

Year-over-Year Comparison

2023 2022 Change
Revenue $242,500 $180,903 +0.3%
Expenses $65,000 $106,610 -0.4%
Net Income $177,500 $74,293 +1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
40

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
0
$0
Key Employees
1
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Maurice C Goodbeer Executive Director 40.00
Key Emp Highest
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $242,500 $65,000 No data $177,500
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