The Wave

Fiscal year ending 2024. Filed on November 18, 2025.

171 Lake St N
Big Lake, Minnesota 55309

The Wave (EIN: 83-2985273) has filed an IRS Form 990 since fiscal year 2019. In its fiscal year 2024 IRS Form 990 filing, The Wave, a 501(c)(3) charitable organization, reported compensation for 2 employees. Among the employees shown here, the average compensation is $26,117. The highest compensated employee at The Wave is Molly Schroeder with fiscal year 2024 compensation of $46,721. The Wave changed its name from Thewave in 2023.

Revenue, expenses, and employee compensation

Revenue

$148,409

Expenses

$140,719

Employee compensation

$79,150
Revenue, expenses, and employee compensation over time

Mission Statement

THE WAVE OFFERS MENTORING SKILLS-BUILDING ACTIVITIES SPEAKERS AND A SOCIAL ENVIRONMENT IN WHICH KIDS FEEL SAFE LOVED AND A SENSE OF ACCEPTANCE AND BELONGING. THESE ACTIVITIES ALSO PROVIDE WAYS FOR OUR COMMUNITY TO BE INVOLVED IN LIFE-CHANGING WAYS AND HELP BUILD A BETTER SENSE OF COMMUNITY.

Revisions to this organization profile

November 18, 2025:
2024 The Wave 990 filed
May 16, 2024:
2023 The Wave 990 filed
December 7, 2023:
2022 The Wave 990 filed

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