CREATIVE WAVES FOUNDATION (EIN 851557804) - Form 990 Financial Analysis & Trantor Score

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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

2020

Legal Domicile

Principal Officer

ALEXANDRA TAMPOSI

Phone

2122466433

Tax Period

2022-01-01 to 2022-12-31

CREATIVE WAVES FOUNDATION, founded in 2020, is a small nonprofit in the Youth Development sector that reported $246K in total revenue in fiscal year 2022. Revenue surged 82% from the prior year, signaling strong growth momentum. The organization ran a surplus of $170K, a strong 69% operating margin.

Mission

OUR MISSION IS TO PROVIDE THE COMMUNITIES AND STUDENTS OF THE CREATIVE WAVES FOUNDATION WITH THE RESOURCES THEY NEED TO REACH THEIR FULL POTENTIAL IN A SAFE AND SUPPORTIVE ENVIRONMENT.

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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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $246,429

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $246,429

Expense Breakdown

Grants Paid $37,782

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $37,782

Other Expenses $38,507

TOTAL EXPENSES $76,289

Year-over-Year Comparison

	2022	2021	Change
Revenue	$246,429	$135,379	+0.8%
Expenses	$76,289	$120,981	-0.4%
Net Income	$170,140	$14,398	+10.8%

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

Governance

Voting Members

N/A

Independent Members

N/A

Employees

N/A

Volunteers

N/A

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

$3,450

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALEXANDRA TAMPOSI	CEO	1.00	Officer	$0	$0	$0
CANDACE TAMPOSI	EXECUTIVE VICE PRESIDENT	2.00	Officer	$0	$0	$0
PHIL SARNA	CFO	1.00	Officer	$0	$0	$0
NICHOLAS TAMPOSI	CHIEF CREATIVE OFFICER	1.00	Officer	$0	$0	$0
TYLER MAPLES	CHIEF OF STAFF	1.00	Officer	$3,450	$0	$3,450
ANTHONY TAMPOSI	BOARD MEMBER	1.00	Officer	$0	$0	$0
JAIME ZELUCK-HINDLIN	BOARD MEMBER	1.00	Officer	$0	$0	$0
TAYLA PARX	BOARD MEMBER	1.00	Officer	$0	$0	$0
ANDREW WATT	BOARD MEMBER	1.00	Officer	$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
2022	$246,429	$76,289	$198,386	$170,140

CREATIVE WAVES FOUNDATION