Waterfall calls function async preventing deep nesting

waterfall-example.js

// usage example
var wf = waterfall({count: 0})
wf([
	function(data) {
		data.count++;
	},
	function(data) {
		data.count++;
		// to stop the cascade, return anything
		// return 'Stop cascade';
	},
	function(data, done) {
		data.count++;
		setTimeout(done, 1000); // can be async
		// to stop the cascade, return anything
		// setTimeout(done, 1000, 'Stop cascade');
	}
], function(result) {
	console.log(result);
});

waterfall.js

function waterfall(data) {
    return function cascade(callbacks, done) {
        if (callbacks.length) {
            var fn = callbacks.shift();
            var match = fn.toString().match(/function\s?\(.*,/gm);
            if (!match) {
                var result = fn(data);
                if (result === undefined) {
                    cascade(callbacks, arguments[1]);
                } else {
                    arguments(result);
                }
            }
            else {
                fn.apply(null, [data, function (result) {
                    if (result === undefined) {
                        cascade(callbacks, done);
                    } else {
                        done(result);
                    }
                }]);
            }
        } else {
            done(data);
        }
    };
}