The Wave
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A youth development nonprofit based in Big Lake, MN. It reported about $148K in revenue for 2024. For fiscal year 2024 it reported $148K in revenue, — in expenses, and $-11K in net assets.Pt I
Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Molly Schroeder’s $47K as Director is at the 36th percentile of top reported officer pay among 1984 $100K–1M youth development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Molly Schroeder | $46,721 | $39,807 | $20,953 | — | — |
| Gabriela Dillon | — | — | $24,798 | $25,129 | — |
| Jess Rosa | — | — | — | — | $25,012 |
| Piper Hennings | — | — | — | $15,327 | $16,442 |
| Michelle Risting | — | — | $12,270 | — | — |
| Doreen Quinn | — | — | $8,704 | — | — |
| Lee Spitzengel | $5,513 | — | — | — | — |
| Lee Spitzengel | — | $2,116 | — | — | — |
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.
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Statement of Revenue
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Revenue growth | 16% | — | — |
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.
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Filings & Schedule Manifest
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