PORTLAND, OR
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE WAVE FOUNDATION, founded in 2020, is a small nonprofit in the Environment sector that reported $776K in total revenue in fiscal year 2024. Revenue fell 46% from the prior year — a significant decline worth monitoring.
THE WAVE FOUNDATION STRENGTHENS COMMUNITY HEALTH, LOCAL ECONOMIES, AND ENVIRONMENTAL SUSTAINABILITY. OUR WORK TOUCHES AN ARRAY OF INTERRELATED SECTORS: FOOD, ENERGY, TRANSPORTATION, ZERO WASTE, AND CLEAN AIR AND WATER.
HEALTHY AND SUSTAINABLE FOOD: THE WAVE FOUNDATION MADE SIGNIFICANT STRIDES IN ADVANCING THE WAVE MARKETPLACE INITIATIVE, WHICH SUPPORTS THE INCLUSION OF TRIBAL, BIPOC, WOMEN, AND RURAL FOOD PRODUCERS...
HEALTHY AND SUSTAINABLE FOOD: THE WAVE FOUNDATION MADE SIGNIFICANT STRIDES IN ADVANCING THE WAVE MARKETPLACE INITIATIVE, WHICH SUPPORTS THE INCLUSION OF TRIBAL, BIPOC, WOMEN, AND RURAL FOOD PRODUCERS IN THE FOOD AND BEVERAGE INDUSTRY. THIS INITIATIVE PROMOTES FOOD SOVEREIGNTY, EQUITY, AND JUSTICE, ENSURING THAT HISTORICALLY UNDERSERVED FISHERS, FARMERS, AND RANCHERS CAN PARTICIPATE IN THE MARKET. IN 2024, THE INITIATIVE MOVED FROM DEVELOPMENT TO IMPLEMENTATION, INCREASING THE VISIBILITY AND MARKET PRESENCE OF THESE PRODUCERS. THE WAVE FOUNDATION STRENGTHENED ITS PARTNERSHIP WITH COMPASS GROUP USA, NORTH AMERICA'S LARGEST CORPORATE FOOD SERVICE ORGANIZATION, TO FURTHER THE MARKETPLACE'S REACH. (SEE CONTINUATION ON SCHEDULE O). ADDITIONALLY, THE WAVE FOUNDATION SUPPORTED THE CREATION OF THE WAVE MARKETPLACE, LLCA TRIBAL-OWNED PRIVATE SECTOR ENTITYTO FACILITATE THE SALE OF THESE PRODUCTS IN THE FOOD SERVICE INDUSTRY. THE FOUNDATION ALSO SUPPORTED THE UNIVERSITY OF IDAHO'S CLIMATE-SMART COMMODITIES GRANT WITH THE USDA IN 2024.
COMMUNITY FOOD SYSTEMS AND ZERO WASTE:THE WAVE FOUNDATION LAUNCHED A STRATEGIC COLLABORATION IN PORTLAND, OREGON, TO ADVANCE A "ZERO-WASTE VISION" FOR PROVIDENCE PARK, THE MODA CENTER, AND OTHER...
COMMUNITY FOOD SYSTEMS AND ZERO WASTE:THE WAVE FOUNDATION LAUNCHED A STRATEGIC COLLABORATION IN PORTLAND, OREGON, TO ADVANCE A "ZERO-WASTE VISION" FOR PROVIDENCE PARK, THE MODA CENTER, AND OTHER LARGE PUBLIC VENUES. THIS PROGRAM PLAYS A CRUCIAL ROLE IN REDUCING FOOD WASTE AND RE-ESTABLISHING COMPOSTING OPERATIONS IN THE NORTHWEST. WITH SUPPORT FROM THE USDA, THE WAVE FOUNDATION SECURED A GRANT TO PILOT THIS PROJECT, INTEGRATING THE WAVE MARKETPLACE INTO ITS OPERATIONS. IN APRIL 2024, AN EDUCATIONAL WORKSHOP WAS HELD IN PORTLAND TO RAISE AWARENESS ABOUT THE INITIATIVE. (SEE CONTINUATION ON SCHEDULE O). THE FOUNDATION ALSO PARTNERED WITH THE GLOBAL ALLIANCE OF LATINOS IN AGRICULTURE TO EXPAND THESE PROGRAMS TO THE EAST COAST, FOCUSING ON BALTIMORE AND COMPASS PROPERTIES. WE HAVE APPLIED FOR SEVERAL GRANTS (INCLUDING FROM THE USDA AND EPA) TO SUPPORT THIS PROJECT'S GROWTH.DURING 2024, THE WAVE FOUNDATION INITIATED ENGAGEMENTS WITH SEVERAL ALIGNED PARTNERS IN OREGON (OREGON COAST VISITORS ASSOCIATION, OREGON STATE UNIVERSITY, ECO-TRUST, AND OTHER RELATED NON-PROFITS) TO ADVANCE A 100% FISH INITIATIVE. THIS INITIATIVE WOULD REDUCE THE AMOUNT OF WASTE IN THE SEAFOOD PRODUCTION INDUSTRIES OF OREGON, INCREASING ECONOMIC PROSPERITY FOR FISHING COMMUNITIES WHILE REDUCING ENVIRONMENTAL IMPACTS.
FOOD AND NUTRITION RELIEF: AS PART OF OUR ONGOING FOOD AND NUTRITION RELIEF PROGRAM, INITIATED DURING THE COVID-19 PANDEMIC, THE WAVE FOUNDATION DISTRIBUTED OVER 2,000,000 MEAL EQUIVALENTS TO...
FOOD AND NUTRITION RELIEF: AS PART OF OUR ONGOING FOOD AND NUTRITION RELIEF PROGRAM, INITIATED DURING THE COVID-19 PANDEMIC, THE WAVE FOUNDATION DISTRIBUTED OVER 2,000,000 MEAL EQUIVALENTS TO COMMUNITIES FACING HUNGER IN 2024. THIS PROGRAM WAS FUNDED BY THE STATE OF WASHINGTON DEPARTMENT OF AGRICULTURE (AKA "WE FEED WA"). IN RESPONSE TO THE DEVASTATING FIRES IN LOS ANGELES, THE FOUNDATION PROVIDED FOOD AND CRISIS RELIEF TO IMPACTED COMMUNITIES. IN COLLABORATION WITH CONGRESSIONAL LEADERS, THE WAVE FOUNDATION CONTINUED ADVOCATING FOR REFORMS TO NATIONAL FOOD RELIEF PROGRAMS, DRAWING FROM OUR SUCCESSFUL REGIONAL MODEL THAT EMPHASIZES HEALTHY, SUSTAINABLE, AND CULTURALLY RELEVANT FOODS. (SEE CONTINUATION ON SCHEDULE O).DURING 2024, THE WAVE FOUNDATION INITIATED DISCUSSIONS WITH THE STATE OF OREGON, INQUIRING ABOUT THE POTENTIAL FOR A PILOT PROGRAM, LIKE THE WE FEED WA PROGRAM, FOR COMMUNITIES FACING HUNGER IN OREGON.
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 | $775,516 | $1,441,520 | -0.5% |
| Expenses | $852,734 | $1,383,654 | -0.4% |
| Net Income | $-77,218 | $57,866 | -2.3% |
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 |
|---|---|---|---|---|---|---|
| JUSTIN ZEULNER | PRESIDENT | 40.00 |
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$0 | $0 | $0 |
| CARMEN DOUGLASS | SECRETARY | 5.00 |
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Director
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$0 | $0 | $0 |
| KELLEY MARTIN | TREASURER | 5.00 |
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $775,516 | $852,734 | $178,038 | $-77,218 |
| 2023 | $1,441,520 | $1,383,654 | $255,256 | $57,866 |
| 2022 | $691,815 | $694,912 | $197,390 | $-3,097 |
| 2021 | $1,071,113 | $1,786,042 | $200,487 | $-714,929 |
| 2020 | $1,806,654 | $891,238 | $915,416 | $915,416 |
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