MAKING WAVES ACADEMY

RICHMOND, CA, 94806 (510) 262-1511 Est. 2007 EIN 20-8967421

B29 - Charter Schools 990 - Public charity return 501(c)(3)

www.makingwavesacademy.org

Mission

RIGOROUSLY AND HOLISTICALLY PREPARING STUDENTS TO GAIN ACCEPTANCE TO AND GRADUATE FROM COLLEGE TO ULTIMATELY BECOME VALUABLE CONTRIBUTORS TO THE WORKFORCE AND THEIR COMMUNITIES.

Financials

Total Revenue

$28,031,939

Total Expenses

$28,096,403

Net Assets

$9,691,837

221 employees 20 volunteers

From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve

4.1 months Adequate

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 7.6%

Expenses ↓ 2.1%

Revenue Sources

Contributions 98.6% Investment 1.4%

Expense Breakdown

Program 93.6% Management 6.4%

Officers & Key Employees (16)

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Grants Received (49)

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Filing History (6 filings)

Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jul 1, 2024 to Jun 30, 2025	$28,031,939 ↓	$28,096,403	$9,691,837
2022 990 - Public charity return Jul 1, 2022 to Jun 30, 2023	$29,259,158 ↑	$28,129,220	$8,120,742
2021 990 - Public charity return Jul 1, 2021 to Jun 30, 2022	$27,331,193 ↑	$26,024,225	$6,990,804
2020 990 - Public charity return Jul 1, 2020 to Jun 30, 2021	$26,162,120 ↑	$22,740,700	$5,683,836
2019 990 - Public charity return Jul 1, 2019 to Jun 30, 2020	$23,033,799 ↑	$24,399,217	$2,262,416
2017 990 - Public charity return Jul 1, 2017 to Jun 30, 2018	$19,366,990	$19,282,862	$3,092,355