Mission Statement
Tampa Bay Wave’s (“Wave”) mission is to help tech entrepreneurs transform innovative ideas into real-world solutions and scalable businesses, fueling important social and economic change in the Tampa Bay region, state of Florida and communities everywhere. As a 501(c)(3) nonprofit that takes no equity from the entrepreneurs we support, we are accelerating the region’s innovation-driven economy by supporting business growth, job creation, and capital attraction.
Financial Overview — FY 2023
$3.5M
Annual Budget
$1.9M
Total Revenue
$2.1M
Total Expenses
N/A
Net Assets
16
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
N/A
Fundraising Efficiency
N/A
Operating Reserve
N/A
Liability-to-Asset
N/A
Revenue Diversification
N/A
Executive Compensation
$296K
CharityAI™ Evaluation — 2026
68 / 10056
Financial
76
Reliability
85
Effectiveness
60
Impact
Financial Strength (30%)
56
Reliability & Transparency (20%)
76
Program Effectiveness (25%)
85
Impact & Outcomes (25%)
60
37,260 served annually
$2K per beneficiary
IRS Verified Form 990 on File 85% Data Complete
Impact
12 programs| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| — | 300 | $9,601.11 | — | Per Year |
| — | 7,100 | $405.68 | — | Lifetime |
| — | 7,100 | $405.68 | — | Lifetime |
| — | 100 | $3,984.24 | — | Per Year |
| — | 100 | $3,984.24 | — | Per Year |
| — | 7,100 | $406.81 | — | Lifetime |
| — | 630 | $4,584.66 | — | Lifetime |
| — | 200 | $40.00 | — | Per Year |
| — | 630 | $457.67 | — | Lifetime |
| — | 3,000 | $962.78 | — | Lifetime |
| — | 10,000 | $28.83 | — | Lifetime |
| — | 1,000 | $288.33 | — | Per Year |
Geographic Reach
Local 100%
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $1.9M | $2.1M | N/A | — | 16 |
| 2022 | $1.5M | $1.6M | $719K | 66.7% | 9 |
| 2021 | $1.6M | $1.5M | N/A | — | 8 |
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