Civic Intelligence

Making Waves Academy

990 • Fiscal year 2019 • EIN 20-8967421

Jul 01, 2018 to Jun 30, 2019 • Filed on Mar 12, 2020

4123 Lakeside DriveRichmond, CA 94806

(510) 262-1511

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

55th percentile

0.25x

Higher debt load relative to assets than 55% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

18th percentile

0.05x

Higher debt load relative to revenue than 18% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

47th percentile

2.3%

Higher net margin than 47% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

81st percentile

18%

Faster asset growth than 81% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

80th percentile

22%

Faster revenue growth than 80% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Up

$4,863,829

Up $734,818 (+18%) from 2018

Net Assets

Up

$3,627,834

Up $535,479 (+17%) from 2018

Liabilities

Up

$1,235,995

Up $199,339 (+19%) from 2018

Revenue

Up

$23,532,549

Up $4,165,559 (+22%) from 2018

Expenses

Up

$22,997,070

Up $3,714,208 (+19%) from 2018

Net Income

Up

$535,479

Up $451,351 (+537%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2011: $1,357,344Liabilities 2011: $338,477Net Assets 2011: $1,018,8672011Assets 2012: $1,374,807Liabilities 2012: $264,150Net Assets 2012: $1,110,6572012Assets 2013: $2,078,791Liabilities 2013: $909,430Net Assets 2013: $1,169,3612013Assets 2014: $3,596,378Liabilities 2014: $1,240,456Net Assets 2014: $2,355,9222014Assets 2015: $3,866,841Liabilities 2015: $1,445,834Net Assets 2015: $2,421,0072015Assets 2016: $3,692,908Liabilities 2016: $741,328Net Assets 2016: $2,951,5802016Assets 2017: $3,836,760Liabilities 2017: $828,533Net Assets 2017: $3,008,2272017Assets 2018: $4,129,011Liabilities 2018: $1,036,656Net Assets 2018: $3,092,3552018Assets 2019: $4,863,829Liabilities 2019: $1,235,995Net Assets 2019: $3,627,8342019Assets 2020: $6,099,100Liabilities 2020: $3,836,684Net Assets 2020: $2,262,4162020Assets 2021: $7,891,807Liabilities 2021: $2,207,971Net Assets 2021: $5,683,8362021Assets 2022: $9,802,840Liabilities 2022: $2,812,036Net Assets 2022: $6,990,8042022Assets 2023: $15,269,756Liabilities 2023: $7,149,014Net Assets 2023: $8,120,7422023Assets 2024: $17,051,335Liabilities 2024: $7,295,034Net Assets 2024: $9,756,3012024

Highlighted filing

2019

Assets$4,863,829
Liabilities$1,235,995
Net Assets$3,627,834

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$40M$30M$20M$10M$0-$10MRevenue 2011: $6,499,332Expenses 2011: $6,167,042Net Income 2011: $332,2902011Revenue 2012: $8,263,898Expenses 2012: $8,172,108Net Income 2012: $91,7902012Expenses 2013: $9,847,3182013Revenue 2014: $13,146,853Expenses 2014: $11,960,292Net Income 2014: $1,186,5612014Revenue 2015: $12,033,955Expenses 2015: $11,968,870Net Income 2015: $65,0852015Revenue 2016: $14,389,775Expenses 2016: $13,859,202Net Income 2016: $530,5732016Revenue 2017: $15,975,299Expenses 2017: $15,918,652Net Income 2017: $56,6472017Revenue 2018: $19,366,990Expenses 2018: $19,282,862Net Income 2018: $84,1282018Revenue 2019: $23,532,549Expenses 2019: $22,997,070Net Income 2019: $535,4792019Revenue 2020: $23,033,799Expenses 2020: $24,399,217Net Income 2020: -$1,365,4182020Revenue 2021: $26,162,120Expenses 2021: $22,740,700Net Income 2021: $3,421,4202021Revenue 2022: $27,331,193Expenses 2022: $26,024,225Net Income 2022: $1,306,9682022Revenue 2023: $29,259,158Expenses 2023: $28,129,220Net Income 2023: $1,129,9382023Revenue 2024: $30,342,025Expenses 2024: $28,706,466Net Income 2024: $1,635,5592024

Highlighted filing

2019

Revenue$23,532,549
Expenses$22,997,070
Net Income$535,479
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Mar 12, 2020
Return Version
2018v3.1
Gross Receipts
$23,532,549
Mission and Program Overview

Mission

Making waves commits to rigorously and holistically preparing students to gain acceptance to and graduate from college to ultimately become valuable contributors to the workforce and their communities.

Making waves commits rigorously and holistically preparing students to gain acceptance to and graduate from college to ultimately become valuable contributors to the workforce and their communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$792,317$2,580,954▲ $1,788,637
Accounts Receivable$2,744,973$1,692,358▼ $1,052,615
Land, Buildings, and Equipment, Net$369,345$345,966▼ $23,379
Prepaid Expenses and Deferred Charges$222,376$244,551▲ $22,175
Total Assets$4,129,011$4,863,829▲ $734,818
Liabilities
Accounts Payable and Accrued Expenses$1,036,656$1,235,995▲ $199,339
Total Liabilities$1,036,656$1,235,995▲ $199,339
Net Assets / Fund Balance
Unrestricted Net Assets$3,073,525$3,627,834▲ $554,309
Temporarily Rstr Net Assets$18,830$0▼ $18,830
Total Net Assets Fund Balance$3,092,355$3,627,834▲ $535,479
Total Liabilities and Net Assets / Fund Balance$4,129,011$4,863,829▲ $734,818

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$342,297$93,516$435,813
Equipment$3,669$128,490$132,159
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Alton B Nelson JrCEOFT$282,421$60,588$282,421
Libby ColeChief Operating OfficerFT$190,064$19,268$190,064
Evangelia Ward-jacksonMiddle School DirectorFT$167,427$38,386$167,427
Christine GodfreyManaging Director of HrFT$163,923$13,175$163,923
Kimberly CarrUpper School DirectorFT$151,888$35,980$151,888
Lisa DodsonManaging Director of TalentFT$128,994$13,698$142,692

Board Members and Trustees

NameTitle
Alica KleinPresident
Burak GurselDirector
Chad EatingerDirector
Daryle MorganDirector
Esther HugoDirector
Jessica LaughlinDirector
Margaret WatsonDirector
Maricela NavarroDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
West Contra Costa Unified School DistricSpecial Ed1108 BISSELL AVE, Richmond, CA 94801$917,267
Fruge Psychological Assoc INCPsychologist1300 CLAY ST SUITE 600, Oakland, CA 94612$505,000
Nob Hill Catering INCStudent Food Service601 TAYLOR WAY, San Carlos, CA 94070$424,050
Pacheco's Cleaning ServiceJanitorial2025 DOVER AVE, San Pablo, CA 94806$310,375
Rtf Edu Enterprises INCIntervention520 THIRD ST SUITE 109, Oakland, CA 94607$209,346
Revenue and Support

Revenue Composition

Contributions and Grants
$23,532,549
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$11,285,175
Change in Net Assets
$535,479

Audited Revenue Reconciliation

Revenue per Audited Statements
$23,532,549
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$89,439
Total Revenue per Audited Statements
$23,621,988
Total Revenue per Form 990
$23,532,549
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$14,950,247
Other Expenses$8,046,823
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$10,328,214$1,147,580-$11,475,794
Fees for Services Other$2,916,491$324,055-$3,240,546
Occupancy$1,884,956$209,439-$2,094,395
Other Employee Benefits$1,520,214$168,913-$1,689,127
Pension Plan Contributions$819,556$91,062-$910,618
Payroll Taxes$451,900$50,211-$502,111
Office Expenses$376,592$41,843-$418,435
Information Technology$363,773$40,419-$404,192
Other Expenses$378,897--$378,897
Current Officers, Directors, Trustees, and Key Employees$335,338$37,259-$372,597
All Other Expenses$283,535$5,954-$289,489
Conferences and Meetings$148,025$16,447-$164,472
Fees for Services Management$120,461$13,384-$133,845
Fees for Services Legal$104,064$11,563-$115,627
Insurance$90,215$10,024-$100,239
Travel$86,972$9,664-$96,636
Depreciation Depletion$23,379--$23,379
Fees for Services Accounting$10,440$1,160-$11,600
Advertising-$10,414-$10,414
Total Functional Expenses$20,807,679$2,189,391$0$22,997,070

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$23,086,509
Expenses per Audited Statements$22,997,070
Total Expenses per Form 990$22,997,070
Expenses Not Reported on Form 990$89,439
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

The number of directors shall be no less than five (5) and no more than fifteen (15), unless changed by amendments to these bylaws. A board seat shall be reserved at all times for a parent/guardian representative. Additionally, a related organization (making waves foundation) has the right to nominate, appoint, and remove board members as the sole statutory member.

Form 990, Part VI, Section A, Line 8B

Making waves academy has no comittee that has the authority to act on behalf of the board.

Form 990, Part VI, Section B, Line 11B

A copy of the form 990 is provided to the board of directors audit committee for approval before filing, and the full board of directors approves the form 990 before filing.

Form 990, Part VI, Section B, Line 12C

Monitoring is performed regularly by the officers to identify potential conflicts of interest. Any question of a conflict is addressed with the interested person, who is required to disclose the existence of any financial interest and be afforded the opportunity to disclose all material facts to the board and executive director. If a conflict of interest is identified, the appropriate action is taken, including limitations to the individual's influence on related business matters.

Form 990, Part VI, Section B, Line 15

Review by executive committee of board of directors. Review of salary data in the organization's area. Proper documentation regarding the discussion and decision of officers' compensation is kept.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
Making Waves Academy
EIN
20-8967421
Phone
5102621511
Address
4123 LAKESIDE DRIVE, RICHMOND, CA 94806

Signing Officer

Name
Alton B Nelson Jr
Title
CEO
Phone
5102621511
Signed
2020-03-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alton B Nelson Jr
Formed
2007
Legal Domicile
CA
Voting Board Members
8
Independent Board Members
8
Employees
178
Volunteers
200

Preparer

Firm
Cliftonlarsonallen Llp
Address
2210 EAST ROUTE 66, GLENDORA, CA 91740
Preparer
Wade Mcmullen
Phone
6268577300
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other fees for services: program service expenses 851,727. Management and general expenses 324,055. Fundraising expenses 0. Total expenses 1,175,782. Student food services: program service expenses 434,845. Management and general expenses 0. Fundraising expenses 0. Total expenses 434,845. Psychological services: program service expenses 565,768. Management and general expenses 0. Fundraising expenses 0. Total expenses 565,768. Special education encroachment: program service expenses 1,064,151. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,064,151.

Financial Statement Notes

PART X, LINE 2:

The school is a nonprofit entity exempt from the payment of income taxes under internal revenue code section 501(c)(3) and california revenue and taxation code section 23701d. Accordingly, no provision has been made for income taxes. Management has determined that all income tax positions are more likely than not of being sustained upon potential audit or examination; therefore, no disclosures of uncertain income tax positions are required. The school is subject to income tax on net income that is derived from business activities that are unrelated to the exempt purposes. The school files an exempt school return and applicable unrelated business income tax return in the u.s. Federal jurisdiction and with the california franchise tax board.

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IRS990/Form990PartVIISectionAGrp/PersonNm10EVANGELIA WARD-JACKSON
IRS990/Form990PartVIISectionAGrp/PersonNm11CHRISTINE GODFREY
IRS990/Form990PartVIISectionAGrp/PersonNm12KIMBERLY CARR
IRS990/Form990PartVIISectionAGrp/PersonNm13LISA DODSON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8282421
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9190064
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10167427
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11163923
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12151888
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13128994
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHIEF OPERATING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt10MIDDLE SCHOOL DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11MANAGING DIRECTOR OF HR
IRS990/Form990PartVIISectionAGrp/TitleTxt12UPPER SCHOOL DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13MANAGING DIRECTOR OF TALENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02007
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt012247374
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt023532549
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt06
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt040419
IRS990/InformationTechnologyGrp/ProgramServicesAmt0363773
IRS990/InformationTechnologyGrp/TotalAmt0404192
IRS990/InsuranceGrp/ManagementAndGeneralAmt010024
IRS990/InsuranceGrp/ProgramServicesAmt090215
IRS990/InsuranceGrp/TotalAmt0100239
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt039
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0222006
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0369345
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0345966
IRS990/LandBldgEquipCostOrOtherBssAmt0567972
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0MAKING WAVES COMMITS TO RIGOROUSLY AND HOLISTICALLY PREPARING STUDENTS TO GAIN ACCEPTANCE TO AND GRADUATE FROM COLLEGE TO ULTIMATELY BECOME VALUABLE CONTRIBUTORS TO THE WORKFORCE AND THEIR COMMUNITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03092355
IRS990/NetAssetsOrFundBalancesEOYAmt03627834
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0209439
IRS990/OccupancyGrp/ProgramServicesAmt01884956
IRS990/OccupancyGrp/TotalAmt02094395
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt041843
IRS990/OfficeExpensesGrp/ProgramServicesAmt0376592
IRS990/OfficeExpensesGrp/TotalAmt0418435
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0168913
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01520214
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01689127
IRS990/OtherExpensesGrp/Desc0STUDENT TRANSPORTATION
IRS990/OtherExpensesGrp/Desc1INSTRUCTIONAL MATERIALS
IRS990/OtherExpensesGrp/ProgramServicesAmt0564657
IRS990/OtherExpensesGrp/ProgramServicesAmt1378897
IRS990/OtherExpensesGrp/TotalAmt0564657
IRS990/OtherExpensesGrp/TotalAmt1378897
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01147580
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt010328214
IRS990/OtherSalariesAndWagesGrp/TotalAmt011475794
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt050211
IRS990/PayrollTaxesGrp/ProgramServicesAmt0451900
IRS990/PayrollTaxesGrp/TotalAmt0502111
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt091062
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0819556
IRS990/PensionPlanContributionsGrp/TotalAmt0910618
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0222376
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0244551
IRS990/PrincipalOfficerNm0ALTON B NELSON JR
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt018791986
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt07655772
IRS990/PYOtherRevenueAmt0575004
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt084128
IRS990/PYSalariesCompEmpBnftPaidAmt011627090
IRS990/PYTotalExpensesAmt019282862
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt019366990
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0535479
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt089439
IRS990ScheduleD/DonatedServicesUseFcltsAmt089439
IRS990ScheduleD/EquipmentGrp/BookValueAmt03669
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0128490
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0132159
IRS990ScheduleD/ExpensesNotReportedAmt089439
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt022997070
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0342297
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt093516
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0435813
IRS990ScheduleD/RevenueNotReportedAmt089439
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt023532549
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL IS A NONPROFIT ENTITY EXEMPT FROM THE PAYMENT OF INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701D. ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION; THEREFORE, NO DISCLOSURES OF UNCERTAIN INCOME TAX POSITIONS ARE REQUIRED. THE SCHOOL IS SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO THE EXEMPT PURPOSES. THE SCHOOL FILES AN EXEMPT SCHOOL RETURN AND APPLICABLE UNRELATED BUSINESS INCOME TAX RETURN IN THE U.S. FEDERAL JURISDICTION AND WITH THE CALIFORNIA FRANCHISE TAX BOARD.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0345966
IRS990ScheduleD/TotalExpensesPerForm990Amt022997070
IRS990ScheduleD/TotalRevenuePerForm990Amt023532549
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt023621988
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt023086509
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd01
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0NONDISCRIMINATORY POLICY INCLUDED IN ALL ADVERTISEMENTS & ENROLLMENT MATERIALS.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1MAKING WAVES ACADEMY IS A PUBLIC CHARTER SCHOOL. THE SCHOOL RECEIVES PER PUPIL FUNDING FROM THE STATE OF CALIFORNIA.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 6
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0282421
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1190064

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.1$7.30$9.76$30.3$28.7$1.64
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.3$7.15$8.12$29.3$28.1$1.13
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.80$2.81$6.99$27.3$26.0$1.31
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.89$2.21$5.68$26.2$22.7$3.42
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.10$3.84$2.26$23.0$24.4$1.37
2019Detailed filing. Detailed filing data is available for this year.$4.86$1.24$3.63$23.5$23.0$0.54
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.13$1.04$3.09$19.4$19.3$0.08
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.84$0.83$3.01$16.0$15.9$0.06
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.69$0.74$2.95$14.4$13.9$0.53
2015Detailed filing. Detailed filing data is available for this year.$3.87$1.45$2.42$12.0$12.0$0.07
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.60$1.24$2.36$13.1$12.0$1.19
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.08$0.91$1.17$9.85
2012Summary only. Only limited summary data is available for this year.$1.37$0.26$1.11$8.26$8.17$0.09
2011Summary only. Only limited summary data is available for this year.$1.36$0.34$1.02$6.50$6.17$0.33