FRANKLIN, TN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)WAVES INC, founded in 1973, is a community nonprofit in the Human Services sector that reported $4.2M in total revenue in fiscal year 2024. Revenue surged 42% from the prior year, signaling strong growth momentum.
ASSIST INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES.
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...
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.
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...
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.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $4,208,529 | $2,957,366 | +0.4% |
| Expenses | $4,134,798 | $3,419,067 | +0.2% |
| Net Income | $73,731 | $-461,701 | -1.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| STACI DAVIS | CEO | 40.00 |
Officer
|
$68,222 | $9,922 | $78,144 |
| VICKI BYARS | COO | 40.00 |
Officer
|
$78,199 | $9,864 | $88,063 |
| MARCIE STEPHENS | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| EMBRY NICHOLS | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ELLEN LUNDY | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TINA ANDERSON | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TRISH STILES | IMMEDIATE PAST PRESIDENT | 1.00 |
Director
|
$0 | $0 | $0 |
| GARY ANDERSON | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| HAILEY BLANK | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARK BOOKER | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TIFFANY HOLLAND | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JANIE HOLMES | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JACQUELINE KING | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN LYNCH | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DEREK SCHLETZER | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DEBBIE SOKOL | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| APRIL WIDEMAN | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ERIC WORKMAN | MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $4,208,529 | $4,134,798 | $1,194,558 | $73,731 |
| 2024 | $2,957,366 | $3,419,067 | $1,144,449 | $-461,701 |
| 2023 | $3,372,371 | $3,498,387 | $1,598,784 | $-126,016 |
| 2023 | $3,426,443 | $3,730,923 | $1,432,747 | $-304,480 |
| 2022 | $3,544,655 | $3,291,495 | $1,492,273 | $253,160 |
| 2021 | $3,175,976 | $2,763,521 | $1,321,994 | $412,455 |
| 2020 | $3,015,318 | $3,056,655 | $1,453,273 | $-41,337 |
| 2019 | $3,447,467 | $3,494,515 | $989,945 | $-47,048 |
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