Save the Waves Coalition

EIN: 364515216 501(c)(3) Environment

Santa Cruz, CA

Total Revenue
$1,078,963
Total Expenses
$1,527,181
Total Assets
$1,383,856
Net Assets
$1,209,455
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
CA
Phone
8314266169
Tax Period
2024-01-01 to 2024-12-31

Save the Waves Coalition, founded in 2003, is a community nonprofit in the Environment sector that reported $1.1M in total revenue in fiscal year 2024. Revenue fell 58% from the prior year — a significant decline worth monitoring. Expenses of $1.5M exceeded revenue, resulting in a 42% operating deficit.

Mission

Save the Waves protects surf ecosystems around the world, forming coalitions with local communities and utilizing a unique combination of protected areas, stewardship, and grass-roots mobilization.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,063,462
Program Service Revenue $0
Investment Income $14,834
Other Revenue $667
TOTAL REVENUE $1,078,963

Expense Breakdown

Grants Paid $500
Salaries & Benefits $1,044,631
Fundraising Expenses $153,830
Program Expenses $1,082,637
Other Expenses $482,050
TOTAL EXPENSES $1,527,181

Year-over-Year Comparison

2024 2023 Change
Revenue $1,078,963 $2,569,172 -0.6%
Expenses $1,527,181 $1,402,356 +0.1%
Net Income $-448,218 $1,166,816 -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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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
10
Volunteers
15

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
7
$269,449
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Nik Strong-Cvetich CEO 40.00
Officer
$133,161 $28,260 $161,421
Susan Coffey Finance Manager 30.00
Officer
$79,271 $28,757 $108,028
Scott K Atkinson Co-Chairperson 3.00
Officer Director
$0 $0 $0
Hugo Tagholm Co-Chairperson 3.00
Officer Director
$0 $0 $0
Annie Vranizan Vice Chair 2.00
Officer Director
$0 $0 $0
Rahim Walker Treasurer 2.00
Officer Director
$0 $0 $0
Eric Co Secretary 2.00
Officer Director
$0 $0 $0
Will Henry Board Member 1.00
Director
$0 $0 $0
Al Ramadan Board Member 1.00
Director
$0 $0 $0
Christy Chin Board Member 1.00
Director
$0 $0 $0
Easkey Britton Board Member 1.00
Director
$0 $0 $0
Laura Rodriguez Board Member 1.00
Director
$0 $0 $0
Greg Jones Board Member 1.00
Director
$0 $0 $0
Richard Margoluis Board Member 1.00
Director
$0 $0 $0
Ian Stewart Board Member 1.00
Director
$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
2024 $1,078,963 $1,527,181 $1,383,856 $-448,218
2023 $2,569,172 $1,402,356 $1,690,580 $1,166,816
2022 $1,177,157 $1,112,956 $547,037 $64,201
2021 $1,218,711 $1,185,848 $498,551 $32,863
2020 $1,086,875 $945,764 $452,414 $141,111
2019 $777,935 $773,158 $339,383 $4,777
2018 $571,735 $567,501 $146,265 $4,234
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