Wave College INC

Virginia Beach, VAHigher education institutionEIN 27-4269892

The mission of wave leadership college, as a experience-rich, academically-adept institution of biblical higher education, is to equip christian leaders to build the local church and transform their communities for the glory of god.

100¢ of each $1 spent went to programs.
Run by 25 volunteers and 11 employees.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 4
filings with a surplus
Average deficit $14K a year · 2% of revenue · last 4 filings
Worth a look: a surplus in 2 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Named funders
1
named funder · $33
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$34K
+129% vs prior year
Spent
$35K
To programs
100%
By yearFY2020–FY2025
Revenue
$34K
FY2025▲ +129%
Revenue by fiscal year
FY2020$778K
FY2021$832K
FY2022$878K
FY2023$200K
FY2024$86K
FY2025$15K
FY2025$34K
Expenses
$35K
FY2025▼ -86%
Expenses by fiscal year
FY2020$754K
FY2021$801K
FY2022$946K
FY2023$243K
FY2024Not on file
FY2025Not on file
FY2025$35K
Net assets
—
FY2025
Net assets by fiscal year
FY2020$139K
FY2021$170K
FY2022$100K
FY2023$71K
FY2024$5K
FY2025$330
FY2025Not on file

From the FY2025 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $35K

Form 990 Part IX, line 25. Every line is in By the numbers.

Who runs it and what they're paid

1 person listed on the 990.

Part VII, Section A · reportable compensation
Officer/Dire
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2022FY2021FY2020
Sarah Hummel$70,917$71,208$53,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Wave College INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Programs and updates

Equips Christian leaders to build churches and transform communities.

Provided by the organization

This section is blank until Wave College INC claims this page.

Know this organization? Claim it to add your story

1 program service account for $212K of program spending, described in the organization's own filed words · FY2022.
01

Providing biblical higher education dedicated to training christian pastors and leaders.

$212Kprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2020
Total grants receivedfrom 1 funder$33
Grants paid · 3 grants · $111K · 2019–2021
Unitemized GrantFY2021$43,159
Unitemized GrantFY2020$27,098
Unitemized GrantFY2019$40,547

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$34K
Ln 12
Gifts and grantsLn 1h$34K
Other incomeLn 4–11$1
Money outPt IX
$35K
Ln 25
Programscol B$35K
Owns and owesPt X
Total assetsLn 16$0
PeoplePt VI, VII
1
listed · VII A
PaidVII A0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$34K
Other incomeLn 4–11$1
Total revenueLn 12$34K
Assets in detailPt X, end of year
Total assetsLn 16$0
OperationsPt I, VI
EmployeesI 511
VolunteersI 625
Fiscal year endsHeaderDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 $15K$330 990 PDF
FY2024 $86K$5K 990 PDF
FY2023 $200K$243K−$42K$71K 990 PDF
FY2022 $878K$946K−$68K$100K 990 PDF
FY2021 $832K$801K$31K$170K 990 PDF
FY2020 $778K$754K$23K$139K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.