La Ola Ministries The Wave

EIN: 800178488 501(c)(3) Human Services

Jackson, TN

Total Revenue
$627,338
Total Expenses
$350,293
Total Assets
$1,199,950
Net Assets
$1,199,950
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
TN
Principal Officer
Becky Plinke
Phone
9015048172
Tax Period
2023-01-01 to 2023-12-31

La Ola Ministries The Wave, founded in 2008, is a small nonprofit in the Human Services sector that reported $627K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $277K, a strong 44% operating margin.

Mission

THE ORGANIZATION SUPPORTS AND PROVIDES SHELTER FOOD EDUCATION MEDICAL PSYCHOLOGICAL AND SPIRITUAL DEVELOPMENT FOR ABANDONED HIGH RISK AND SEXUALLY ABUSED CHILDREN.

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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 $627,338
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $627,338

Expense Breakdown

Grants Paid $128,321
Salaries & Benefits $67,837
Fundraising Expenses $20,229
Program Expenses $226,730
Other Expenses $154,135
TOTAL EXPENSES $350,293

Year-over-Year Comparison

2023 2022 Change
Revenue $627,338 $562,313 +0.1%
Expenses $350,293 $389,528 -0.1%
Net Income $277,045 $172,785 +0.6%
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

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

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Governance

Voting Members
12
Independent Members
10
Employees
16
Volunteers
2

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
2
$0
Total Directors
11
$14,985
Key Employees
2
$14,985
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOCELYN CANTON BOARD MEMBER 40.00
Director Key Emp
$14,985 $0 $14,985
BENNET JARED BOARD MEMBER 3.00
Director
$0 $0 $0
LEE MYERS BOARD MEMBER 3.00
Director
$0 $0 $0
SCOTT DAVISON BOARD MEMBER 3.00
Director
$0 $0 $0
DAVID GARRETT BOARD MEMBER 3.00
Director
$0 $0 $0
MIKE CAMPBELL BOARD MEMBER 3.00
Director
$0 $0 $0
ROBERT PLINKE BOARD MEMBER 3.00
Director
$0 $0 $0
ABIGAIL VAN WAENBERG BOARD MEMBER 3.00
Director
$0 $0 $0
BECKY PLINKE PRESIDENTEXEC DIRECTOR 40.00
Officer Director
$0 $0 $0
CAROL HENDERSON VICE PRESIDENT 3.00
Director Key Emp
$0 $0 $0
ED SENSAT TREASURER 3.00
Officer
$0 $0 $0
KAREN CALDERON SECRETARY 3.00
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 No data No data No data No data
2023 $627,338 $350,293 $1,199,950 $277,045
2022 $562,313 $389,528 $927,002 $172,785
2021 $577,786 $260,204 $798,246 $317,582
2020 $391,192 $265,548 $455,061 $125,644
2019 $407,444 $224,536 $328,535 $182,908
2018 $222,323 $181,003 $145,627 $41,320
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