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← SAVE THE WAVES COALITION

Form 990 for tax year 2024

Filed by SAVE THE WAVES COALITION.

Totals

Total revenue
$1,078,963
Total expenses
$1,527,181
Contributions and grants received
$1,063,462
Grants paid
$500
Program service revenue
$0
Investment income
$14,834
Other revenue
$667
Total assets, end of year
$1,383,856
Total liabilities, end of year
$174,401
Net assets or fund balances, end of year
$1,209,455
Program services expenses (Part IX)
$1,082,637
Management and general expenses
$290,714
Fundraising expenses
$153,830
Program service expenses (Part III)
$1,082,637

Program services were 70.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $140,519

  • 1f · All other contributions, gifts and grants

    $922,943

  • 1g · Noncash contributions included above

    $5,177

  • 3 · Investment income

    total $14,834 · excluded $14,834

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6d · Net rental income or loss

    total $0

  • 7d · Net gain or loss

    total $0

  • 8c · Net income from fundraising events

    total $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $10,409

  • 10b · Cost of goods sold

    $9,742

  • 10c · Net income from sales of inventory

    total $667 · related or exempt $667

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $500 · program services $500

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $212,432 · program services $140,896 · management and general $46,162 · fundraising $25,374

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $606,150 · program services $402,032 · management and general $131,717 · fundraising $72,401

  • 8 · Pension plan contributions

    total $18,053 · program services $11,978 · management and general $3,950 · fundraising $2,125

  • 9 · Other employee benefits

    total $126,832 · program services $88,027 · management and general $25,409 · fundraising $13,396

  • 10 · Payroll taxes

    total $81,164 · program services $57,810 · management and general $15,529 · fundraising $7,825

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $20,037 · management and general $20,037

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $293,806 · program services $267,119 · management and general $20,551 · fundraising $6,136

  • 12 · Advertising and promotion

    total $195 · program services $162 · fundraising $33

  • 13 · Office expenses

    total $1,987 · program services $1,267 · management and general $570 · fundraising $150

  • 14 · Information technology

    total $29,225 · program services $14,185 · management and general $14,097 · fundraising $943

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $21,171 · program services $14,493 · management and general $4,227 · fundraising $2,451

  • 17 · Travel

    total $72,264 · program services $54,615 · management and general $3,483 · fundraising $14,166

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $699 · program services $350 · management and general $349

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $7,905 · program services $5,677 · management and general $1,411 · fundraising $817

  • 24a · Other expenses: Events

    total $12,756 · program services $7,062 · management and general $2,410 · fundraising $3,284

  • 24b · Other expenses: Other misc

    total $7,651 · program services $6,747 · management and general $650 · fundraising $254

  • 24c · Other expenses: Bank fees

    total $6,438 · program services $2,359 · management and general $84 · fundraising $3,995

  • 24d · Other expenses: Printing and Publications

    total $4,435 · program services $3,877 · management and general $78 · fundraising $480

  • 24e · All other expenses

    total $3,481 · program services $3,481

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $267,184

  • 2 · Savings and temporary cash investments

    beginning of year $286,183 · end of year $665,580

  • 3 · Pledges and grants receivable

    beginning of year $1,371,073 · end of year $431,907

  • 4 · Accounts receivable

    end of year $0

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    beginning of year $16,182 · end of year $9,668

  • 9 · Prepaid expenses and deferred charges

    beginning of year $14,642 · end of year $7,017

  • 10c · Land, buildings and equipment, net

    end of year $0

  • 11 · Investments: publicly traded securities

    end of year $0

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    beginning of year $2,500 · end of year $2,500

  • 17 · Accounts payable and accrued expenses

    beginning of year $27,092 · end of year $58,946

  • 25 · Other liabilities

    beginning of year $36,214 · end of year $115,455

  • 27 · Net assets without donor restrictions

    beginning of year $88,097 · end of year $270,640

  • 28 · Net assets with donor restrictions

    beginning of year $1,539,177 · end of year $938,815

Mission and programs · 2024

Mission

Save the Waves protects surf ecosystems around the world, forming coalitions with local communities and utilizing a unique combination of protected areas, stewardship, and grass-roots mobilization.

  • Campaigns and Outreach:THROUGH CAMPAIGNS AND OUTREACH, SAVE THE WAVES 1) CONTINUED OUR CAMPAIGN FOR A PROTECTED AREA IN SALINA CRUZ, OAXACA, MEXICO; 2) ADVOCATED FOR THE PROTECTION OF ULUWATU IN INDONESIA, SUPPORTING LOCAL EFFORTS WITH A GLOBAL CAMPAIGN TO PROTECT CLIFF AND REEFS FROM DEVELOPMENT; AND 3) HOSTED OUR INAUGURAL FILM FESTIVAL WITH 2000 ATTENDEES FROM OVER 20 COUNTRIES TO SHARE, LEARN, AND EXPLORE ISSUES AFFECTING SURF ECOSYSTEM CONSERVATION.

    Expenses $415,135

  • PROTECTED AREAS:IN 2024, SAVE THE WAVES CONTINUED TO EXPAND AND IMPROVE THE WORLD SURFING RESERVE AND THE SURF PROTECTED AREA PROGRAMS, IMPLEMENTING THE FOLLOWING: 1) DEDICATED THE ORIENTE SALVAJE WORLD SURFING RESERVE, SAFEGUARDING OVER 12 DIVERSE SURF BREAKS AND 19 KILOMETERS OF COASTLINE IN EL SALVADOR; 2) DEPLOYED STEWARDSHIP FUNDS TO SUPPORT LOCAL PROJECTS AND SOLUTIONS AT THE WORLD SURFING RESERVES; AND 3) SUPPORTED LOCAL PARTNERS IN SANTA CRUZ TO UNDERSTAND THE IMPACT OF SURFING ON THE ECONOMY; 4) WORKED IN OUR SURF PROTECTED AREAS TO FURTHER PROTECTED AREA STRATEGIES IN CALIFORNIA, MEXICO, COSTA RICA AND THE AZORES.

    Expenses $345,163

  • Stewardship and Resilience:THROUGH OUR STEWARDSHIP AND RESILIENCE INITIATIVES, SAVE THE WAVES 1) CREATED NEW PARTNERSHIPS THROUGH OUR SAVE THE WAVES APP; 2) IDENTIFIED NEW CANDIDATES AS FELLOWS TO BRING STEWARDSHIP TOOLS BACK INTO THEIR OWN COMMUNITIES; 3) FURTHERED THE WORK FOR A NEW MODEL OF PARAMETRIC INSURANCE IN THE ORIENTE SALVAJE WORLD SURF RESERVE THAT SAFEGUARDS SURF BREAKS, MANGROVES, AND LIVELIHOODS OF NEARBY COMMUNITIES FROM THE IMPACTS OF EXTREME WEATHER EVENTS.

    Expenses $322,339

As filed on the 2024 return.

Listed in Part VII

  • Nik Strong-Cvetich

    CEO

    Total calculated
    $161,421
    From this org
    $133,161
    From related orgs
    $0
    Other
    $28,260
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $133,161
    Bonus
    not reported
    Other
    not reported
    Deferred
    $3,995
    Nontaxable benefits
    $24,265
    Filer's total
    $161,421
  • Susan Coffey

    Finance Manager

    Total calculated
    $108,028
    From this org
    $79,271
    From related orgs
    $0
    Other
    $28,757
    Hours/week
    30
  • Scott K Atkinson

    Co-Chairperson

    Total calculated
    $0
    Hours/week
    3
  • Hugo Tagholm

    Co-Chairperson

    Total calculated
    $0
    Hours/week
    3
  • Annie Vranizan

    Vice Chair

    Total calculated
    $0
    Hours/week
    2
  • Rahim Walker

    Treasurer

    Total calculated
    $0
    Hours/week
    2
  • Eric Co

    Secretary

    Total calculated
    $0
    Hours/week
    2
  • Will Henry

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Al Ramadan

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Christy Chin

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Easkey Britton

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Laura Rodriguez

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Greg Jones

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Richard Margoluis

    Board Member

    Total calculated
    $0
    Hours/week
    1
  • Ian Stewart

    Board Member

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
25 June 2025
IRS schema version
2024v5.1
Source object
202531769349301043

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