THIRD WAVE VOLUNTEERS INC

EIN: 823731839 501(c)(3) Diseases & Disorders

MIAMI, FL

Total Revenue
$3,649,532
Total Expenses
$3,770,392
Total Assets
$26,090
Net Assets
$25,614
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
FL
Principal Officer
ALISON THOMPSON
Tax Period
2023-01-01 to 2023-12-31

THIRD WAVE VOLUNTEERS INC, founded in 2018, is a community nonprofit in the Diseases & Disorders sector that reported $3.6M in total revenue in fiscal year 2023. Revenue surged 44% from the prior year, signaling strong growth momentum.

Mission

THE MEDICAL VOLUNTEERS ARE COMMITTED TO PROVIDING MOBILE MEDICAL SERVICES IN MEDICALLY DEPRIVED AREAS THROUGH OUT THE THE UNITED STATES AND GLOBALLY.

Program Service Accomplishments

Program 1

CHARITY RELIEF

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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 $3,649,532
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $3,649,532

Expense Breakdown

Grants Paid $0
Salaries & Benefits $26,164
Fundraising Expenses $0
Program Expenses $3,728,573
Other Expenses $3,744,228
TOTAL EXPENSES $3,770,392

Year-over-Year Comparison

2023 2022 Change
Revenue $3,649,532 $2,530,334 +0.4%
Expenses $3,770,392 $2,431,974 +0.6%
Net Income $-120,860 $98,360 -2.2%
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
6
Independent Members
6
Employees
1
Volunteers
8

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
1
$24,090
Total Directors
6
$24,090
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALISON THOMPSON PRESIDENT 40.00
Officer Director
$24,090 $0 $24,090
JUAN PADRO DIRECTOR 20.00
Director
$0 $0 $0
MELINDA ROY DIRECTOR 20.00
Director
$0 $0 $0
JAMES BRAZIL DIRECTOR 20.00
Director
$0 $0 $0
LUCIANA PAVEN DIRECTOR 20.00
Director
$0 $0 $0
MARK GREEN DIRECTOR 20.00
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 $3,649,532 $3,770,392 $26,090 $-120,860
2023 $3,649,532 $3,770,392 $26,090 $-120,860
2022 $2,530,334 $2,431,974 $146,793 $98,360
2021 $1,158,461 $1,172,934 $48,114 $-14,473
2020 $900,130 $861,388 $62,587 $38,742
2019 $3,850,017 $3,804,017 $68,973 $46,000
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