TAMPA BAY WAVE INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
TAMPA BAY WAVE INC (EIN 27-4779851)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-07-01
IRS object ID
202401839349300410
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-07-01T07:45:00-05:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN593040705PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1RIVERO GORDIMER & COMPANY PABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1201 N FRANKLIN ST SUITE 2200AddressLine1Txt
CityTAMPACityNm
State AbbreviationFLStateAbbreviationCd
ZIP33602ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN274779851EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TAMPA BAY WAVE INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlTAMPBusinessNameControlTxt
Phone8669283066PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1501 E KENNEDY BLVD 650AddressLine1Txt
CityTAMPACityNm
State AbbreviationFLStateAbbreviationCd
ZIP33602ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLINDA OLSONPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone8669283066PhoneNum
Signature2024-06-28SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstLINDAPersonFirstNm
Person LastOLSONPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSAM A LAZZARAPreparerPersonNm
PTINP01342929PTIN
Phone8138757774PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerLINDA OLSONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1501 E KENNEDY BLVD 650AddressLine1Txt
CityTAMPACityNm
State AbbreviationFLStateAbbreviationCd
ZIP33602ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,930,114GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.TAMPABAYWAVE.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2011FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionTO DRIVE OPPORTUNITY & PROSPERTY IN TAMPA BAY BY HELPING ENTREPRENEURS BUILD, LAUNCH, AND GROW BREAKOUT TECH COMPANIES.ActivityOrMissionDesc
Voting Members Governing Body31VotingMembersGoverningBodyCnt
Voting Members Independent30VotingMembersIndependentCnt
Total Employee16TotalEmployeeCnt
Total Volunteers144TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,420,542PYContributionsGrantsAmt
CY Contributions Grants$1,889,659CYContributionsGrantsAmt
PY Program Service Revenue$108,278PYProgramServiceRevenueAmt
CY Program Service Revenue$25,964CYProgramServiceRevenueAmt
PY Investment Income$6PYInvestmentIncomeAmt
CY Investment Income$11CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue-$13,088CYOtherRevenueAmt
PY Total Revenue$1,528,826PYTotalRevenueAmt
CY Total Revenue$1,902,546CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$711,174PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$997,457CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$246,112CYTotalFundraisingExpenseAmt
PY Other Expenses$874,724PYOtherExpensesAmt
CY Other Expenses$1,080,757CYOtherExpensesAmt
PY Total Expenses$1,585,898PYTotalExpensesAmt
CY Total Expenses$2,078,214CYTotalExpensesAmt
PY Revenues Less Expenses-$57,072PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$175,668CYRevenuesLessExpensesAmt
Total Assets BOY$2,088,301TotalAssetsBOYAmt
Total Assets EOY$1,899,329TotalAssetsEOYAmt
Total Liabilities BOY$1,369,177TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,355,873TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$719,124NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$543,456NetAssetsOrFundBalancesEOYAmt
MissionSEE SCHEDULE O.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,049,898ExpenseAmt
Revenue$25,204RevenueAmt
Desc90-DAY ACCELERATOR - THE 90-DAY ACCELERATOR PROGRAMS PROVIDE A DEDICATED EXECUTIVE COACH, STRUCTURED PROGRAMMING, INTENSIVE MENTOR FROM INDUSTRY EXPERTS, STRATEGIC INTRODUCTIONS AND PREPARATION FOR INVESTOR MEETINGS WHICH ULTIMATELY CULMINATE IN A DEMO DAY.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$342,619ExpenseAmt
Revenue$15,240RevenueAmt
DescCORE MEMBERSHIP PROGRAM - CORE SUPPORTS BOTH ALUMNI OF THE 90-DAY ACCELERATOR PROGRAMS PLUS OTHER STARTUPS WHO VALUE AFFILIATION WITH THE ORGANIZATION AND ARE DEDICATED TO SCALING AND ACHIEVING HIGH GROWTH. CORE MEMBERSHIP ALLOWS STARTUPS TO JOIN A COMMUNITY OF PEER ENTREPRENUERS AND HAVE YEAR-ROUND ACCESS TO MENTORSHIP, NETWORKING, AND OTHER CURATED PERKS.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$1,392,517TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document26IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee16EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members31GoverningBodyVotingMembersCnt
Independent Voting Member30IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
OtherYes (X)OtherInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LINDA OLSONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8669283066PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1501 E KENNEDY BLVD 650AddressLine1Txt
CityTAMPACityNm
State AbbreviationFLStateAbbreviationCd
ZIP33602ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (32 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
ALFRED GOLDBERG
VICE PRESIDENT1.00Yes (X)Yes (X)$0$0$0
MADELINE DENT
SECRETARY1.00Yes (X)Yes (X)$0$0$0
CATHERINE WILHELM
TREASURER1.00Yes (X)Yes (X)$0$0$0
LAUREN WEINER
DIRECTOR1.00Yes (X)$0$0$0
ANDREW SMITH
DIRECTOR1.00Yes (X)$0$0$0
DAVID EASON
DIRECTOR1.00Yes (X)$0$0$0
MARCUS ADOLFSSON
DIRECTOR1.00Yes (X)$0$0$0
ALEX SINK
DIRECTOR1.00Yes (X)$0$0$0
ROBERT BROWN
DIRECTOR1.00Yes (X)$0$0$0
GERWAI TODD
DIRECTOR1.00Yes (X)$0$0$0
LINDA OLSON
CEO40.00Yes (X)Yes (X)$156,600$0$22,802
KAILAH MATYAS
DIRECTOR1.00Yes (X)$0$0$0
CHUCK PAPAGEORGIOU
DIRECTOR1.00Yes (X)$0$0$0
PENNY PARKS
DIRECTOR1.00Yes (X)$0$0$0
YVETTE SEGURA
DIRECTOR1.00Yes (X)$0$0$0
CHARLOTTE BAKER
DIRECTOR1.00Yes (X)$0$0$0
DIANA HAYES
DIRECTOR1.00Yes (X)$0$0$0
CATHLEEN RYAN RENEER
DIRECTOR1.00Yes (X)$0$0$0
LANCE RAAB
DIRECTOR1.00Yes (X)$0$0$0
MARTIN TRABER
DIRECTOR1.00Yes (X)$0$0$0
TRAVIS MILKS
DIRECTOR1.00Yes (X)$0$0$0
KOSTAS STOILAS
DIRECTOR1.00Yes (X)$0$0$0
BRIAN DEMING
DIRECTOR1.00Yes (X)$0$0$0
MIRAJ PATEL
DIRECTOR1.00Yes (X)$0$0$0
JOSEPH HODGES
DIRECTOR1.00Yes (X)$0$0$0
NICHOLAS OUTMAN
DIRECTOR1.00Yes (X)$0$0$0
SANTO CANNONE
DIRECTOR1.00Yes (X)$0$0$0
GREG CELESTAN
DIRECTOR1.00Yes (X)$0$0$0
INGA SCHMITZER
DIRECTOR1.00Yes (X)$0$0$0
KATHY CHIU
DIRECTOR1.00Yes (X)$0$0$0
AMANDA MILLIGAN
DIRECTOR1.00Yes (X)$0$0$0
DOLORES GARCIA
DIRECTOR OF DEVELOPMENT40.00$139,824$0$22,438Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$296,424TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$45,240TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
TRINET GROUP INC
ONE PARK PLACE SUITE 600DUBLINCA94568EMPLOYEE LEASING/HEALTH INSURANCE$911,883
RICHARD MUNASSI
1415 KENSINGTON WOODS DRLUTZFL33549CONSULTING$182,000
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K2CntrctRcvdGreaterThan100KCnt
Government Grants$1,063,837GovernmentGrantsAmt
All Other Contributions$825,822AllOtherContributionsAmt
Total Contributions$1,889,659TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
CORE MEMBERSHIP900099$25,204$25,204
VENTURE CENTER900099$760$760
FieldValueIRS element (for citing)
Total Program Service Revenue$25,964TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$11TotalRevenueColumnAmt
Exclusion$11ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$14,480FundraisingGrossIncomeAmt
Fundraising Direct Expenses$27,568FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$13,088TotalRevenueColumnAmt
Exclusion-$13,088ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,902,546TotalRevenueColumnAmt
Related Or Exempt Func Income$25,964RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$13,077ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$296,423TotalAmt
Program Services$208,106ProgramServicesAmt
Management And General$56,618ManagementAndGeneralAmt
Fundraising$31,699FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$565,837TotalAmt
Program Services$222,552ProgramServicesAmt
Management And General$195,876ManagementAndGeneralAmt
Fundraising$147,409FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$24,756TotalAmt
Program Services$17,380ProgramServicesAmt
Management And General$4,729ManagementAndGeneralAmt
Fundraising$2,647FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$46,920TotalAmt
Program Services$32,940ProgramServicesAmt
Management And General$8,962ManagementAndGeneralAmt
Fundraising$5,018FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$63,521TotalAmt
Program Services$44,595ProgramServicesAmt
Management And General$12,133ManagementAndGeneralAmt
Fundraising$6,793FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$39,652TotalAmt
Management And General$39,652ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$389,556TotalAmt
Program Services$335,378ProgramServicesAmt
Management And General$37,678ManagementAndGeneralAmt
Fundraising$16,500FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$108,984TotalAmt
Program Services$106,914ProgramServicesAmt
Fundraising$2,070FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$36,225TotalAmt
Program Services$19,984ProgramServicesAmt
Management And General$10,159ManagementAndGeneralAmt
Fundraising$6,082FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$97,677TotalAmt
Program Services$41,243ProgramServicesAmt
Management And General$40,062ManagementAndGeneralAmt
Fundraising$16,372FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$89,075TotalAmt
Program Services$66,520ProgramServicesAmt
Management And General$14,387ManagementAndGeneralAmt
Fundraising$8,168FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$7,692TotalAmt
Management And General$7,692ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,858TotalAmt
Management And General$1,858ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$9,055TotalAmt
Management And General$9,055ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
EVENTS AND OTHER PROGRA$296,294$292,515$533$3,246
BANK SERVICE CHARGES$3,682$3,682
PAYROLL SERVICE CHARGES$1,007$708$191$108

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$2,078,214TotalAmt
Program Services$1,392,517ProgramServicesAmt
Management And General$439,585ManagementAndGeneralAmt
Fundraising$246,112FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$629,483BOYAmt
EOY$522,813EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$244,289BOYAmt
EOY$360,786EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$17,224BOYAmt
EOY$20,183EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$57,529LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$49,250LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$8,279EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$1,197,305BOYAmt
EOY$987,268EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$2,088,301BOYAmt
EOY$1,899,329EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$62,237BOYAmt
EOY$68,127EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$190,843EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$150,000BOYAmt
EOY$150,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,156,940BOYAmt
EOY$946,903EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,369,177BOYAmt
EOY$1,355,873EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$189,124BOYAmt
EOY$15,956EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$530,000BOYAmt
EOY$527,500EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$719,124BOYAmt
EOY$543,456EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,088,301BOYAmt
EOY$1,899,329EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$175,668ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$847,803CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,095,899CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,484,845CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,420,542CurrentTaxYearMinus1YearAmt
Current Tax Year$1,889,659CurrentTaxYearAmt
Total$6,738,748TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$847,803CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,095,899CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,484,845CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,420,542CurrentTaxYearMinus1YearAmt
Current Tax Year$1,889,659CurrentTaxYearAmt
Total$6,738,748TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$6,738,748PublicSupportTotal170Amt
Total Support$6,738,748TotalSupportAmt
Gross Receipts Rltd Activities$669,580GrossReceiptsRltdActivitiesAmt
Public Support CY1701.00000PublicSupportCY170Pct
Public Support PY1701.00000PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$57,529OtherCostOrOtherBasisAmt
Depreciation$49,250DepreciationAmt
Book Value$8,279BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$8,279TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
SECURITY DEPOSIT$40,365
RIGHT OF USE ASSET$946,903
FieldValueIRS element (for citing)
Total Book Value Other Assets$987,268TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescLEASE LIABILITYDesc
Amt$946,903Amt
FieldValueIRS element (for citing)
Total Liability$946,903TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$2,125,764TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$223,218DonatedServicesAndUseFcltsAmt
Revenue Not Reported$223,218RevenueNotReportedAmt
Revenue Subtotal$1,902,546RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,902,546TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$2,301,432TotExpnsEtcAuditedFinclStmtAmt
Prior Year Adjustments$223,218PriorYearAdjustmentsAmt
Expenses Not Reported$223,218ExpensesNotReportedAmt
Expenses Subtotal$2,078,214ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$2,078,214TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISIONS FOR INCOME TAXES HAS BEEN MADE. MANAGEMENT IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE THE ORGANIZATION'S TAX-EXEMPT STATUS. THE ORGANIZATION IS NOT AWARE OF ANY TAX POSITIONS IT HAS TAKEN THAT ARE SUBJECT TO A SIGNIFICANT DEGREE OF UNCERTAINTY. ALL TAX YEARS REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
LINDA OLSON
CEO$143,000$0$13,600$0$0$0$6,264$0$16,538$0$179,402$0$0$0
DOLORES GARCIA
DIRECTOR OF DEVELOPMENT$122,475$0$17,349$0$0$0$5,277$0$17,161$0$162,262$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 1HEADQUARTERED IN DOWNTOWN TAMPA, TAMPA BAY WAVE IS A BY ENTREPRENEUR, FOR ENTREPRENEUR 501(C)(3) NON-PROFIT FOUNDED IN FEBRUARY 2011 WITH A MISSION TO HELP ENTREPRENEURS TURN IDEAS INTO THRIVING TECH VENTURES IN TAMPA BAY. THROUGH ITS VARIOUS PROGRAMS AND SERVICES, WAVE CURRENTLY SUPPORTS OVER 120 LOCAL TECH ENTREPRENEURS WHO ARE BUILDING THE TECHNOLOGY-BASED COMPANIES THAT WILL BE THE FOUNDATION FOR ECONOMIC GROWTH IN THE TAMPA BAY REGION. BASED ON ITS 50 & 5 IN 5 VISION STATEMENT, TAMPA BAY WAVE HAS A GOAL TO WORK WITH OVER 200 LOCAL TECH STARTUPS OVER THE NEXT 5 YEARS, HELPING AT LEAST 50 OF THESE STARTUPS FIND EARLY STAGES OF CAPITAL OF AT LEAST $100,000 AND HELPING AT LEAST FIVE OF THOSE COMPANIES GET ON THE PATH TO BREAK-OUT SUCCESS. THIS VISION STATEMENT HAS BECOME THE FOUNDATION OF TAMPA BAY WAVE'S OWN BUILD-LAUNCH-GROW FRAMEWORK THAT IS USED TO DRIVE ALL PROGRAMS AND SERVICES.
FORM 990, PART V, LINE 2ATAMPA BAY WAVE, INC. CONTRACTS WITH PROFESSIONAL EMPLOYER ORGANIZATION (PEO) FOR ADMINISTRATION OF THE EMPLOYEES. UNDER THIS AGREEMENT, ALL EMPLOYEES OF TAMPA BAY WAVE ARE IN ACTUALITY LEASED FROM THE PEO. DUE TO THIS AGREEMENT, TAMPA BAY WAVE DOES NOT FILE FORM W-3 TRANSMITTAL OF WAGE AND TAX STATEMENTS, BUT RATHER THE PEO WILL FILE FORM W-3 WHICH WOULD INCLUDE THE EMPLOYEES OF TAMPA BAY WAVE. FOR THE YEAR ENDED OF DECEMBER 31, 2023, TAMPA BAY WAVE UTILITZED 16 EMPLOYEES THROUGH THE PEO.
FORM 990, PART VI, SECTION B, LINE 11BA COMPLETE COPY OF THE FORM 990 IS PRESENTED TO THE ENTIRE BOARD OF DIRECTORS FOR REVIEW BEFORE IT IS FILED.
FORM 990, PART VI, SECTION B, LINE 12CANNUALLY, ALL BOARD MEMBERS AND STAFF ARE REQUIRED TO COMPLETE AND SUBMIT A SIGNED CONFLICT OF INTEREST FORM TO THE GOVERNANCE COMMITTEE WHICH REVIEWS ALL SUBMISSIONS AND, IF NECESSARY, FOLLOWS UP WITH ANY POSSIBLE CONFLICTS.
FORM 990, PART VI, SECTION B, LINE 15AIN ORDER TO ENSURE THAT THE CEO'S COMPENSATION IS FAIR AND REASONABLE, THE BOARD OF DIRECTORS ESTABLISHED A COMPENSATION COMMITTEE TO REVIEW AND DETERMINE THE CEO'S COMPENSATION PACKAGE ON AN ANNUAL BASIS. THE COMPENSATION COMMITTEE REVIEWS SALARY SURVEYS AND COMPARABLE DATA OBTAINED FROM RELIABLE OUTSIDE SOURCES, AND COMPENSATION IS REVIEWED AND APPROVED BASED ON PERFORMANCE.
FORM 990, PART VI, SECTION C, LINE 18WWW.GUIDESTAR.COM WWW.CHARITYNAVIGATOR.COM
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART IX, LINE 11GOTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 24,009. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 24,009. CONTRACT LABOR: PROGRAM SERVICE EXPENSES 335,378. MANAGEMENT AND GENERAL EXPENSES 13,669. FUNDRAISING EXPENSES 16,500. TOTAL EXPENSES 365,547.
FORM 990, PART XII, LINE 2CTHE FINANCE COMMITTEE OVERSEES THE SELECTION OF THE AUDIT FIRM AND OVERSEES THE AUDIT PROCESS, ALONG WITH THE BOARD OF DIRECTORS.

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