2025-06-25T11:01:32-07:00 2024-12-31 680260103 REGALIA BERGER & BERGER CPAS 103 TOWN COUNTRY DR STE K DANVILLE CA 94526 990 2024-01-01 364515216 Save the Waves Coalition SAVE 8314266169 849 Almar Ave Suite C 163 Santa Cruz CA 95060 Nik Strong-Cvetich CEO 8314266169 2025-06-25 true true Douglas W Regalia P00186389 9253140390 2024 2025-03-06 01:10:19Z Nik Strong-Cvetich 849 Almar Ave Suite C 163 Santa Cruz CA 95060 1088705 false X www.savethewaves.org X 2003 CA 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. 13 13 10 15 0 2573220 1063462 0 14834 -4048 667 2569172 1078963 49195 500 0 907896 1044631 0 153830 445265 482050 1402356 1527181 1166816 -448218 1690580 1383856 63306 174401 1627274 1209455 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. false false 415135 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. 345163 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. 322339 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. 1082637 true true false false false false false false false false false false false false true true true false false true true true false false false false false false false true false false false false false false false false false false false false false false false false false true 4 0 true 10 true false false false false false false false 0 false false false false false false false X 13 13 false false false false false false false true true false false true true true true true true true true false CA X X X X Susan Coffey 8314266169 849 Almar Ave Suite C 163 Santa Cruz CA 95060 Nik Strong-Cvetich CEO 40.00 0.00 X 133161 0 28260 Susan Coffey Finance Manager 30.00 0.00 X 79271 0 28757 Scott K Atkinson Co-Chairperson 3.00 0.00 X X 0 0 0 Hugo Tagholm Co-Chairperson 3.00 0.00 X X 0 0 0 Annie Vranizan Vice Chair 2.00 0.00 X X 0 0 0 Rahim Walker Treasurer 2.00 0.00 X X 0 0 0 Eric Co Secretary 2.00 0.00 X X 0 0 0 Will Henry Board Member 1.00 0.00 X 0 0 0 Al Ramadan Board Member 1.00 0.00 X 0 0 0 Christy Chin Board Member 1.00 0.00 X 0 0 0 Easkey Britton Board Member 1.00 0.00 X 0 0 0 Laura Rodriguez Board Member 1.00 0.00 X 0 0 0 Greg Jones Board Member 1.00 0.00 X 0 0 0 Richard Margoluis Board Member 1.00 0.00 X 0 0 0 Ian Stewart Board Member 1.00 0.00 X 0 0 0 212432 57017 1 false true false 0 140519 922943 5177 1063462 0 14834 14834 0 0 0 0 0 0 10409 9742 667 667 0 1078963 667 14834 X 0 0 500 500 0 212432 140896 46162 25374 0 606150 402032 131717 72401 18053 11978 3950 2125 126832 88027 25409 13396 81164 57810 15529 7825 0 0 20037 20037 0 0 0 293806 267119 20551 6136 195 162 33 1987 1267 570 150 29225 14185 14097 943 0 21171 14493 4227 2451 72264 54615 3483 14166 0 699 350 349 0 0 0 7905 5677 1411 817 Events 12756 7062 2410 3284 Other misc 7651 6747 650 254 Bank fees 6438 2359 84 3995 Printing and Publications 4435 3877 78 480 3481 3481 1527181 1082637 290714 153830 267184 286183 665580 1371073 431907 0 0 0 0 16182 9668 14642 7017 0 0 0 0 0 2500 2500 1690580 1383856 27092 58946 36214 115455 63306 174401 X 88097 270640 1539177 938815 1627274 1209455 1690580 1383856 X -448218 30399 X X false true X true false X 1075944 1213744 1181327 2573219 1063462 7107696 0 0 1075944 1213744 1181327 2573219 1063462 7107696 2242901 4864795 262 209 14834 15305 0 1810 336 2146 7125147 97267 0.68280 0.80210 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Conditional advance 91130 Payroll liability 24325 115455 X 1126854 7750 40141 47891 1078963 1078963 1544673 7750 9742 17492 1527181 1527181 Part X : FIN48 Footnote Income TaxesFinancial statement presentation follows the recommendations of ASC 740, Income Taxes. Under ASC 740, Save The Waves is required to report information regarding its exposure to various tax positions taken by Save The Waves and requires a two-step process that separates recognition from measurement. The first step is determining whether a tax position has met the recognition threshold; the second step is measuring a tax position that meets the recognition threshold. Management believes that Save The Waves has adequately evaluated its current tax positions and has concluded that as of December 31, 2024, Save The Waves does not have any uncertain tax positions for which a reserve or an accrual for a tax liability would be necessary.Save The Waves has received notification from the Internal Revenue Service and the State of California that it qualifies for tax-exempt status under Section 501(c)(3) of the Internal Revenue Code and Section 23701d of the California Revenue and Taxation Code. The exemptions are subject to periodic review by the federal and state taxing authorities and management is confident that Save The Waves continues to satisfy all federal and state statutes in order to qualify for continued tax exemption status. Save The Waves may periodically receive unrelated business income (such as program advertising income) requiring Save The Waves to file separate tax returns under federal and state statutes. Under such conditions, Save The Waves calculates and accrues the applicable taxes. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 Change in unamortized discount $30399 Cost of Goods Sold $9742 Part XII, Line 2d: Other expenses and losses per audited F/S Cost of goods sold $9742 true Europe 0 0 Program Services Programmatic travel 3401 South America 0 1 Grants to recipients Grants to recipients 500 South America 0 1 Program services Programmatic Ind. Contractors 5940 Europe 0 3 Program services and travel Programmatic Ind. Contractors 20130 Central America 0 1 Program services Programmtic Employee 88211 North America 0 1 Program services Programmatic Ind. Contractors 16000 Central America 0 3 Program Services Programmatic Ind Contractor 36857 South America 0 0 Program Services Programmatic Travel 4732 Central America 0 0 Program Services Programmatic Expense 4478 Central America 0 0 Program Services Programmatic Travel 16354 North America 0 0 Program Services Programmatic Expense 1989 North America 0 0 Program Services Programmatic Travel 14593 10 10 213185 213185 South America Support 500 Wire 1 false false false false false false Part I, Line 2 - Grantmakers Explanation For Monitoring Use of Funds Outside US Save The Waves holds regular meetings with the grantees. Periodic reporting by the grantees with detail of activities and financial reports is required. An option to audit the grantee is included in all grant agreements. Part I, Line 3f - Method of Accounting The accrual basis of accounting is followed for all grant and program disbursements. Part II, Line 1 - Method of Accounting The accrual basis of accounting is followed for all grant and program disbursements. false false false false false false false false false Nik Strong-Cvetich CEO 133161 3995 24265 161421 Form 990, Part VI, Section B, Line 11b Form 990 is prepared by an outside tax professional. The form is then reviewed by the organization's management. After a full review, the final version of the tax return is provided to all members of the organization's voting body. A representative of management authorizes the final form 990 which is then e-filed with the internal revenue service. Form 990, Part VI, Section B, Line 12c Members of the Board of Directors review all potential conflicts of interest periodically. Top management and all Board members are required to disclose potential conflicts and any related party affiliations. The organization seeks full transparency on all relationships. Any potential conflicts (in fact or appearance) are discussed openly and resolved in accordance with the organization's policies and procedures. Form 990, Part VI, Section B, Line 15a Members of the board of directors review the compensation of all high-level personnel periodically in accordance with IRS rules and regulations. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries. Every effort is made to ensure that the process is thorough and transparent in accordance with IRS guidelines and the organization's policies and procedures. Form 990, Part VI, Section B, Line 15b Compensation of other personnel and highly compensated employees is reviewed periodically by members of management. Efforts are made to secure compensation data from industry sources in order to determine competitiveness and appropriateness of salaries and all related benefits. All decisions are then documented in personnel files. Form 990, Part VI, Section C, Line 18 Tax returns are available for download from several websites and by request from the organization's office in Santa Cruz, California. Form 990, Part VI, Section C, Line 19 All of the organization's governing documents, financial statements, and other legal filings are maintained in a secure environment and held available for inspection by tax authorities and the general public. Tax returns are posted annually to our website and to www.guidestar.org (where they are available for viewing as electronic copies) and are also available by request from the organization's office. Form 990, Part XI, Line 9 Change in discount on multi-year pledges = $30399 Form 990, Part XII, Line 2c Under the California Nonprofit Integrity Act, an exempt organization with annual revenue of $2 million or more is required to have an Audit Committee to select an audit Firm, review the audit, and approve the audit of its annual financial statements. Although Save The Waves is not subject to this requirement, the organization follows "Best Practices and subjects itself to an annual independent financial audit. The audited financial statements are prepared by a qualified and licensed independent audit firm. The audit report is reviewed and approved by the organization's management and the Board of Directors.