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Nonprofit · EIN 20-8967421

MAKING WAVES ACADEMY

Tax-exempt · RICHMOND, CA 94806

Financials

$29.3M$28.1M2022$30.3M$28.7M2023$28M$28.1M2024
Revenue Expenses · by fiscal year end
Financials of MAKING WAVES ACADEMY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$28,031,939$28,096,403-$64,464$16,356,230$6,664,393$9,691,837
June 30, 2024990$30,342,025$28,706,466$1,635,559$17,051,335$7,295,034$9,756,301
June 30, 2023990$29,259,158$28,129,220$1,129,938$15,269,756$7,149,014$8,120,742
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$27,641,441
of which government grants
$19,974,044
Program service revenue
$0
Investment income
$390,498
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$1,193,529
Other salaries and wages
$11,884,920
Salaries, compensation and benefits (total)
$16,794,062
Professional fundraising fees
$0
Legal fees
$76,929
Accounting fees
$42,105
Occupancy
$3,374,498
Travel
$38,524
Depreciation
$18,201
Program services (functional)
$26,286,864
Management and general (functional)
$1,809,539

Balance sheet and other

Total assets, start of year
$17,051,335
Total assets, end of year
$16,356,230
Total liabilities, end of year
$6,664,393
Net assets, end of year
$9,691,837
Land, buildings and equipment
$233,094
Net assets without donor restrictions
$3,491,837
Net assets with donor restrictions
$6,200,000
Gross receipts
$28,031,939
Employees
221
Volunteers
20
Year formed
2007
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
ALTON B NELSON JRCHIEF EXECUTIVE OFFICER
Officer
40$339,071$89,356
ELIZABETH MARTINEZCHIEF OPERATING OFFICER
Key employee
40$212,880$34,307
TAMEKA JACKSONPRINCIPAL
Highest-paid employee
40$201,586$41,414
DAMON EDWARDSCHIEF TECHNOLOGY OFFICER
Key employee
40$206,713$35,560
HUNG MAIDIRECTOR OF FINANCE THROUGH 6/25
Officer
40$159,234$26,366
KATHARINE MASONDIRECTOR OF CAMPUS OPERATIONS
Highest-paid employee
40$152,509$28,695
ATHENA DRAPERIT DIRECTOR
Highest-paid employee
40$155,306$14,537
ARIKA SPENCER-BROWNDIR. OF COLLEGE & CAREER COUNSELING
Highest-paid employee
40$118,805$44,283
ALONSO RIVERAHEALTH & WELLNESS TEACHER
Highest-paid employee
40$113,194$41,611
ALICA KLEINBOARD CHAIR
Trustee or director, Officer
15$0$0
ENRIQUE ROMEROBOARD SECRETARY
Trustee or director, Officer
1$0$0
JANIS GLOVERDIRECTOR
Trustee or director
1$0$0
DR ESTHER HUGODIRECTOR
Trustee or director
1$0$0
FELICIA SELVADIRECTOR
Trustee or director
1$0$0
AMY OBINYANDIRECTOR
Trustee or director
1$0$0
1 more people on this return
NameTitleHours / weekCompensation
MARGARET WATSONDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 15 people
NameTitleHours / weekCompensationOther / benefits
ALTON B NELSON JRCHIEF EXECUTIVE OFFICER
Officer
50$347,953$85,068
DAMON EDWARDSCHIEF TECHNOLOGY OFFICER
Highest-paid employee
50$189,914$37,535
KAREN SNIDERDIRECTOR OF SPECIAL ED.
Highest-paid employee
50$176,179$38,751
ELIZABETH MARTINEZCHIEF OPERATING OFFICER
Key employee
50$172,837$31,723
XIUSHI WEI END 624CHIEF FINANCIAL OFFICER
Officer
50$178,335$16,797
HUNG MAIDIRECTOR OF FINANCE
Highest-paid employee
50$165,372$29,219
JEFF HAZELDIRECTOR OF ATHLETICS
Highest-paid employee
50$131,563$58,024
ATHENA DRAPERIT DIRECTOR
Highest-paid employee
50$148,013$16,552
ALICA KLEINBOARD CHAIR
Trustee or director, Officer
15$0$0
JANIS GLOVERDIRECTOR
Trustee or director
1$0$0
DR ESTHER HUGODIRECTOR
Trustee or director
1$0$0
JESSICA LAUGHLINDIRECTOR
Trustee or director
1$0$0
LAYLA NARAJONDIRECTOR
Trustee or director
1$0$0
AMY OBINYANDIRECTOR
Trustee or director
1$0$0
MARGARET WATSONDIRECTOR
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 15 people
NameTitleHours / weekCompensationOther / benefits
ALTON B NELSON JRCHIEF EXECUTIVE OFFICER
Officer
50$336,643$77,201
ELIZABETH MARTINEZCHIEF OPERATING OFFICER
Key employee
50$202,463$32,165
XIUSHI WEICHIEF FINANCIAL OFFICER
Officer
50$208,794$22,832
DAMON EDWARDSCHIEF TECHNOLOGY OFFICER
Highest-paid employee
50$178,277$35,030
KAREN SNIDERDIRECTOR OF SPECIAL EDUCATION
Highest-paid employee
50$164,884$34,369
JEFF HAZELDIRECTOR OF ATHLETICS
Highest-paid employee
50$143,154$55,999
HUNG MAIDIRECTOR OF FINANCE
Highest-paid employee
50$153,034$27,440
ATHENA DRAPERIT DIRECTOR
Highest-paid employee
50$140,013$21,269
ALICA KLEINPRESIDENT
Trustee or director, Officer
15$0$0
ANA BARRONSECRETARY
Trustee or director, Officer
1$0$0
JANIS GLOVERDIRECTOR
Trustee or director
1$0$0
DR ESTHER HUGODIRECTOR
Trustee or director
1$0$0
JESSICA LAUGHLINDIRECTOR
Trustee or director
1$0$0
LAYLA NARANJODIRECTOR
Trustee or director
1$0$0
MARGARET WATSONDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
4123 LAKESIDE DR, RICHMOND, CA 94806-1942
Principal officer (990 for 2024)
ALTON B NELSON JR, 4123 LAKESIDE DRIVE, RICHMOND, CA 94806
Signed the 990
ALTON B NELSON JR, CEO
Phone
(510) 262-1511
Return prepared by
CLIFTONLARSONALLEN LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 20-8967421 or by the name MAKING WAVES ACADEMY.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

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.

990 for the year ended June 30, 2025

Program accomplishments

  • MAKING WAVES ACADEMY ENSURES THAT OUR YOUTH ACQUIRE THE SKILLS NECESSARY TO GAIN ACCEPTANCE TO AND GRADUATE FROM COLLEGE. MAKING WAVES ACADEMY SERVED OVER 1,075 CHILDREN IN THE FY 24/25.
    Expenses $26,286,864

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
20-8967421
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
School
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2009
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B29)
Assets (IRS master file)
$16,356,230
Income (IRS master file)
$28,031,939

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$28,031,939$28,096,403$16,356,230IRS
990June 2024$30,342,025$28,706,466$17,051,335IRS
990June 2023$29,259,158$28,129,220$15,269,756XML
990June 2022$27,331,193$26,024,225$9,802,840IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-8967421).

Questions about MAKING WAVES ACADEMY

What is the EIN of MAKING WAVES ACADEMY?
The employer identification number (EIN) of MAKING WAVES ACADEMY is 20-8967421.
Is MAKING WAVES ACADEMY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to MAKING WAVES ACADEMY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MAKING WAVES ACADEMY file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MAKING WAVES ACADEMY due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MAKING WAVES ACADEMY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of MAKING WAVES ACADEMY?
The 990 for the year ended June 30, 2025 names ALTON B NELSON JR.
Who are the officers and directors of MAKING WAVES ACADEMY?
The 990 for the year ended June 30, 2025 lists 16 people; 9 received compensation from the organization, the highest $339,071 (ALTON B NELSON JR, CHIEF EXECUTIVE OFFICER).
How much revenue does MAKING WAVES ACADEMY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $28,031,939, expenses of $28,096,403 and total assets of $16,356,230 at year end.

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