Big Waves Foundation INC EIN 61-1913895 Form 990 (PDF) Claim this org

Big Waves Foundation INC

Not yet claimed Claim this org →

Promotes youth water polo for healthy emotional processing and advocacy. For fiscal year 2025 it reported $111K in revenue, $80K in expenses, and $621K in net assets.Pt I

Founded
2018
Type
Public charity (501(c)(3)) · Recreation & Sports
Location
Broomfield, CO
Website
bigwavesinc.org
Filings
6 on file (2020–2025)
Revenue
$111KFY2025
Expenses
$80K
Net assets
$621K
People
7
Filings
6
Updates
0
More identity details & actions ⌄
EIN  61-1913895 Public charity (501(c)(3)) Broomfield, CO Founded 2018
Form 990 (PDF)
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Big Waves Foundation INC claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Promotes youth water polo for healthy emotional processing and advocacy.
Leadership
Vaughn Bigelow · President/Tr
Money in and out
$111K revenue, $80K expenses
Bottom line
62% program efficiency
Where the money goes · FY2025
Total revenue
$111K
Pt VIII · Ln 12
Total expenses
$80K
Pt IX · Ln 25
Net assets
$621K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $31K
Where spending went · Part IX cols B–D
Program services $0.62 Management & general $0.15 Fundraising $0.24
Program efficiency
62%
of spending reaches programs▼ -13% vs prior filing year
Operating runway
102.9mo
months of highly liquid reserves at operating expense rate▲ +21% vs prior filing year
Surplus margin
+28%
revenue over expenses, this year▼ -44% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$111K
FY2025▼ -45%
Expenses
$80K
FY2025▼ -20%
Total assets
$623K
FY2025▲ +5%
Total liabilities
$2K
FY2025▲ +6%
Total revenue
$111K
Pt VIII · Ln 12
Total expenses
$80K
Pt IX · Ln 25
Net assets
$621K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$31K
Total assetsPt X · Ln 16$623K
Program-expense ratioPt IX · col B62%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 47

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBig Waves Foundation INC
EINHdr · item D61-1913895
Principal addressHdr · item CBroomfield, CO
WebsiteHdr · item Jbigwavesinc.org
Year of formationHdr · item L2018
State of legal domicileHdr · item MCO
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFRecreation & Sports (N67)
Ruling yearIRS BMFJul 2019

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b7
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President/Tr
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Big Waves Foundation INC executive salaries →

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

Mission & Programs · Part III

Where the work happens

1 program service account for $49K of program spending, described in the organization's own filed words · FY2025.
01

This year big waves finished the year with milestones to both celebrate and reflect upon. This december marks our 7TH year as an organization, which we celebrate. The determination and perseverance of our board members, community, and volunteers continues to amaze me.

$49Kprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Investment income$45K · 41%
Other revenue$45K · 41%
Contributions & grants$21K · 19%
Investment income41%$45K
Other revenue41%$45K
Contributions & grants19%$21K
Total revenueLn 12$111K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.62 Management & general $0.15 Fundraising $0.24
Program services62%$49K
Management & general15%$12K
Fundraising24%$19K
Total functional expensesLn 25$80K

Balance Sheet

Part X · end of year
CashLn 1$119K
Total assetsLn 16$623K
Total liabilitiesLn 26$2K
Total net assetsLn 32$621K
Months of cash on handcomputed18.0

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $623K · Operating expenses (Pt IX) $80K · Less non-cash grants $7K · Cash operating expenses/yr $73K
102.9 months
Where the money goes
Program services
Program services $49K · Total expenses $80K
62%
Management & General
Management & general $12K · Total expenses $80K
15%
Fundraising
Fundraising $19K · Total expenses $80K
24%
Cost to raise $1
Fundraising expense (3-yr avg) $23K · Solicited contributions (3-yr avg) $53K
$0.43 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $21K · Total revenue $111K
19%
Government reliance
Government grants — · Total revenue $111K
Earned-income share
Program service revenue $0 · Total revenue $111K
0%
Investment reliance
Investment income $45K · Total revenue $111K
+41%
Program self-sufficiency
Program service revenue $0 · Total expenses $80K
0%
Growth & trend
Revenue growth (YoY)
This year $111K · Prior year $200K
-45%
Revenue CAGR
FY2020 $97K · FY2025 $111K
+3%
Net-asset trend (YoY)
End of year $621K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $111K · Expenses $80K
+28%
Liabilities-to-Assets
Total liabilities — · Total assets $623K
Net-asset ratio
Net assets $621K · Total assets $623K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $503K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $623K
81%
People & payroll
Highest Reported Total Compensation
Individual Vaughn Bigelow · Reported title PRESIDENT/TR · Highest reported compensation $0 · Total expenses $80K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $80K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 62%
Overhead ratio 15%
Fundraising cost ratio 92%
Revenue growth -45%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 2 funders$6K
Grants paid · 9 grants · $183K · 2020–2025
Unitemized GrantFY2025$35,000
Unitemized GrantFY2024$35,700
Unitemized GrantFY2023$30,000
Unitemized GrantFY2023$1,050
Unitemized GrantFY2022$30,000
Unitemized GrantFY2021$20,000
Unitemized GrantFY2021$1,000
Unitemized GrantFY2020$10,000

Similar Organizations

Closest in mission — by what they do
See all organizations like Big Waves Foundation INC →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$111K revenue · viewing · ⤓ 990 PDF
FY2024$200K revenue · ⤓ 990 PDF
FY2023$86K revenue · ⤓ 990 PDF
FY2022$138K revenue · ⤓ 990 PDF
FY2021$166K revenue · ⤓ 990 PDF
FY2020$97K revenue · ⤓ 990 PDF

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

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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

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 peer-cohort and compensation comparisons above.