Civic Intelligence

Making Waves Academy

990 • Fiscal year 2020 • EIN 20-8967421

Jul 01, 2019 to Jun 30, 2020 • Filed on Mar 15, 2021

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

79th percentile

0.63x

Higher debt load relative to assets than 79% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Liabilities / Revenue

34th percentile

0.17x

Higher debt load relative to revenue than 34% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Net Margin

23rd percentile

-5.9%

Higher net margin than 23% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

80th percentile

25%

Faster asset growth than 80% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Revenue Growth

39th percentile

-2.1%

Faster revenue growth than 39% of similar nonprofits.

2020 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2019 to 2020

Assets

Up

$6,099,100

Up $1,235,271 (+25%) from 2019

Net Assets

Down

$2,262,416

Down $1,365,418 (-38%) from 2019

Liabilities

Up

$3,836,684

Up $2,600,689 (+210%) from 2019

Revenue

Down

$23,033,799

Down $498,750 (-2.1%) from 2019

Expenses

Up

$24,399,217

Up $1,402,147 (+6.1%) from 2019

Net Income

Down

-$1,365,418

Down $1,900,897 (-355%) from 2019

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

2020

Assets$6,099,100
Liabilities$3,836,684
Net Assets$2,262,416

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

2020

Revenue$23,033,799
Expenses$24,399,217
Net Income-$1,365,418
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Mar 15, 2021
Return Version
2019v5.2
Gross Receipts
$23,033,799
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$2,580,954$3,112,297▲ $531,343
Accounts Receivable$1,692,358$2,372,895▲ $680,537
Land, Buildings, and Equipment, Net$345,966$324,096▼ $21,870
Prepaid Expenses and Deferred Charges$244,551$289,812▲ $45,261
Total Assets$4,863,829$6,099,100▲ $1,235,271
Liabilities
Unsecured Notes Loans Payable-$2,474,435-
Accounts Payable and Accrued Expenses$1,235,995$1,362,249▲ $126,254
Total Liabilities$1,235,995$3,836,684▲ $2,600,689
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,627,834$2,262,416▼ $1,365,418
Total Net Assets Fund Balance$3,627,834$2,262,416▼ $1,365,418
Total Liabilities and Net Assets / Fund Balance$4,863,829$6,099,100▲ $1,235,271

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$324,096$111,717$435,813
Equipment$0$106,260$106,260
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Alton B Nelson JrCEOFT$320,064$68,147$388,211
Emmanuel BarreraSenior Director of CurriculumFT$201,632$12,148$213,780
Christine GodfreyManaging Director of HrFT$199,076$13,491$212,567
Evangelia Ward-jacksonMiddle School DirectorFT$168,639$34,634$203,273
Libby ColeChief Operating OfficerFT$177,630$20,265$197,895
Jennifer PellegrineSenior Director of Elementary LearningFT$188,210$6,477$194,687
Jennifer PellegrineSenior Director of Elementary Learni-$188,210$6,477$194,687

Board Members and Trustees

NameTitle
Alica KleinPresident
Burak GurselDirector
Daryle MorganDirector
Esther HugoDirector
Jessica LaughlinDirector
Layla NarajonDirector
Margaret WatsonDirector
Maricela NavarroDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Fruge Psychological AssociationPsychologist1300 CLAY ST SUITE 600, Oakland, CA 94612$557,236
West Contra Costa Unified School DistricSpecial Ed1108 BISSELL AVE, Richmond, CA 94801$507,641
Michael's Transportation Services INCTransportation140 YOLANO DR, Vallejo, CA 94589$496,680
Pacheco's Cleaning ServiceJanitorial2025 DOVER AVE, San Pablo, CA 94806$437,555
Nob Hill CateringStudent Food Services601 TAYLOR WAY, San Carlos, CA 94070$429,052
Revenue and Support

Revenue Composition

Contributions and Grants
$23,020,937
Program Service Revenue
$0
Investment Income
$12,862
Other Revenue
$0
All Other Contributions
$9,243,962
Change in Net Assets
$-1,365,418

Audited Revenue Reconciliation

Revenue per Audited Statements
$23,033,799
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$2,860
Total Revenue per Audited Statements
$23,036,659
Total Revenue per Form 990
$23,033,799
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$16,180,662
Other Expenses$8,218,555
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$10,948,100$1,511,065-$12,459,165
Fees for Services Other$2,249,225$167,417-$2,416,642
Occupancy$2,204,407$140,169-$2,344,576
Other Employee Benefits$1,618,563$194,561-$1,813,124
Office Expenses$1,064,036$132,798-$1,196,834
Pension Plan Contributions$935,052$83,792-$1,018,844
Information Technology$482,562$65,804-$548,366
Payroll Taxes$446,410$75,709-$522,119
Other Expenses$405,594--$405,594
Current Officers, Directors, Trustees, and Key Employees$330,669$36,741-$367,410
All Other Expenses$235,577$9,684-$245,261
Conferences and Meetings$138,323$18,862-$157,185
Insurance$96,879$13,211-$110,090
Fees for Services Management$105,938--$105,938
Fees for Services Legal$83,887$11,439-$95,326
Travel$57,766$7,877-$65,643
Depreciation Depletion$21,870--$21,870
Fees for Services Accounting$15,190$1,688-$16,878
Advertising-$10,879-$10,879
Total Functional Expenses$21,917,521$2,481,696$0$24,399,217

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$24,402,077
Expenses per Audited Statements$24,399,217
Total Expenses per Form 990$24,399,217
Expenses Not Reported on Form 990$2,860
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 35% controlled entity
No
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
No
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
2021-03-15
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
188
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 XII, Line 2C

There were no changes from the prior year.

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/PersonNm8ALTON B NELSON JR
IRS990/Form990PartVIISectionAGrp/PersonNm9LIBBY COLE
IRS990/Form990PartVIISectionAGrp/PersonNm10EVANGELIA WARD-JACKSON
IRS990/Form990PartVIISectionAGrp/PersonNm11CHRISTINE GODFREY
IRS990/Form990PartVIISectionAGrp/PersonNm12EMMANUEL BARRERA
IRS990/Form990PartVIISectionAGrp/PersonNm13JENNIFER PELLEGRINE
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/ReportableCompFromOrgAmt8320064
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt9177630
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10168639
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11199076
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12201632
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13188210
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/TitleTxt12SENIOR DIRECTOR OF CURRICULUM
IRS990/Form990PartVIISectionAGrp/TitleTxt13SENIOR DIRECTOR OF ELEMENTARY LEARNING
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02007
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt09546
IRS990/GainOrLossGrp/SecuritiesAmt03090
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt08
IRS990/GovernmentGrantsAmt013776975
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt09546
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt03090
IRS990/GrossReceiptsAmt023033799
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt08
IRS990/IndivRcvdGreaterThan100KCnt027
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt065804
IRS990/InformationTechnologyGrp/ProgramServicesAmt0482562
IRS990/InformationTechnologyGrp/TotalAmt0548366
IRS990/InsuranceGrp/ManagementAndGeneralAmt013211
IRS990/InsuranceGrp/ProgramServicesAmt096879
IRS990/InsuranceGrp/TotalAmt0110090
IRS990/InvestmentIncomeGrp/ExclusionAmt0226
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0226
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt032
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0217977
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0345966
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0324096
IRS990/LandBldgEquipCostOrOtherBssAmt0542073
IRS990/LegalDomicileStateCd0CA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt00
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
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/NetAssetsOrFundBalancesBOYAmt03627834
IRS990/NetAssetsOrFundBalancesEOYAmt02262416
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt012636
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt012636
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03627834
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02262416
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt0140169
IRS990/OccupancyGrp/ProgramServicesAmt02204407
IRS990/OccupancyGrp/TotalAmt02344576
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0132798
IRS990/OfficeExpensesGrp/ProgramServicesAmt01064036
IRS990/OfficeExpensesGrp/TotalAmt01196834
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0194561
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01618563
IRS990/OtherEmployeeBenefitsGrp/TotalAmt01813124
IRS990/OtherExpensesGrp/Desc0STUDENT TRANSPORTATION
IRS990/OtherExpensesGrp/Desc1INSTRUCTIONAL MATERIALS
IRS990/OtherExpensesGrp/ProgramServicesAmt0477473
IRS990/OtherExpensesGrp/ProgramServicesAmt1405594
IRS990/OtherExpensesGrp/TotalAmt0477473
IRS990/OtherExpensesGrp/TotalAmt1405594
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt01511065
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt010948100
IRS990/OtherSalariesAndWagesGrp/TotalAmt012459165
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt075709
IRS990/PayrollTaxesGrp/ProgramServicesAmt0446410
IRS990/PayrollTaxesGrp/TotalAmt0522119
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt083792
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0935052
IRS990/PensionPlanContributionsGrp/TotalAmt01018844
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0244551
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0289812
IRS990/PrincipalOfficerNm0ALTON B NELSON JR
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt023532549
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt08046823
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0535479
IRS990/PYSalariesCompEmpBnftPaidAmt014950247
IRS990/PYTotalExpensesAmt022997070
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt023532549
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-1365418
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/DonatedServicesAndUseFcltsAmt02860
IRS990ScheduleD/DonatedServicesUseFcltsAmt02860
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0106260
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0106260
IRS990ScheduleD/ExpensesNotReportedAmt02860
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt024399217
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0324096
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0111717
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0435813
IRS990ScheduleD/RevenueNotReportedAmt02860
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt023033799
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/TotalBookValueLandBuildingsAmt0324096
IRS990ScheduleD/TotalExpensesPerForm990Amt024399217
IRS990ScheduleD/TotalRevenuePerForm990Amt023033799
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt023036659
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt024402077
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

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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
2020Detailed filing. Detailed filing data is available for this year.$6.10$3.84$2.26$23.0$24.4$1.37
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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