Overview
What is Making Waves Academy?
Making Waves Academy is a nonprofit organization located at 4123 Lakeside Drive, Richmond, California 94806. The academy is dedicated to helping students acquire the skills necessary to attend and graduate from college. In the fiscal year 21/22, they served over 1,100 children. With a mission to rigorously and holistically prepare students, Making Waves Academy aims to contribute valuable individuals to the workforce and their communities by guiding them through college or post-secondary education. The organization employs a team of 204 individuals.
Official website here: www.makingwavesacademy.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
Making Waves Academy has achieved a high rating of 96% from Charity Navigator, signifying strong performance in accountability and financial oversight. The score reflects solid practices in governance, with 100% of board members being independent and effective financial management, highlighted by a program expense ratio of 92.30%. This indicates a significant majority of funds are directed towards the organization's programs rather than administrative costs.
The organization demonstrates robust financial health, as evidenced by a liabilities to assets ratio of 46.81%, suggesting a stable financial position. They have also implemented essential policies, such as conflict of interest and whistleblower policies, ensuring transparency and ethical conduct. The presence of an audit and oversight committee further strengthens their financial integrity.
While Making Waves Academy excels in accountability and finance, the rating does not provide detailed insights into programmatic impact or outcomes. However, the strong financial practices and commitment to transparency suggest a solid foundation for potential positive impact in their educational initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Making Waves Academy legitimate?
Making Waves Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Making Waves Academy submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $859,801
Professional Fundraising Fees: $0
Other Salaries and Wages: $13,150,179
For more financial information, click here
Official website here: www.makingwavesacademy.org
What is the mission statement of Making Waves Academy?
Making Waves Academy is dedicated to helping students advance and succeed in higher education. With a commitment to holistic preparation, the academy aims to equip students with the necessary skills to gain acceptance into and graduate from college. By doing so, Making Waves Academy intends to cultivate valuable contributors to the workforce and their communities. In the past year, over 1,100 students benefited from the academy's rigorous educational programs.
Official website here: www.makingwavesacademy.org
Who is the CEO of Making Waves Academy?
Alton B Nelson Jr is the President of Making Waves Academy. The CEO's salary of Making Waves Academy is $313,358 and their total compensation is $385,604.
Official website here: www.makingwavesacademy.org
What is the revenue of Making Waves Academy?
Making Waves Academy's revenue in 2022 was $27,331,193.
Official website here: www.makingwavesacademy.org
Who are the executives of Making Waves Academy and what are their salaries?
The average compensation at Making Waves Academy during 2022 was $68,676. There are 204 employees and 20 volunteers at Making Waves Academy.
Here are 13 key members and their salaries (Making Waves Academy's CEO's salary is $313,358 and their total compensation is $385,604):
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- Compensation: $313,358
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- Other: $72,246
- Compensation: $181,199
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- Other: $21,039
- Compensation: $169,809
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- Other: $29,568
- Compensation: $180,134
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- Other: $35,407
- Compensation: $166,982
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- Other: $24,657
- Compensation: $146,130
- Related: $0
- Other: $31,152
Official website here: www.makingwavesacademy.org
Where can I find the form 990 for Making Waves Academy?
Making Waves Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.makingwavesacademy.org
Learn more at the official website: www.makingwavesacademy.org
Mission Statement of Making Waves Academy
Making Waves Academy is dedicated to helping students reach their full potential and advance through college or post-secondary education. The organization is committed to providing rigorous and holistic preparation for students, ultimately enabling them to gain acceptance into and graduate from college. By doing so, Making Waves Academy aims to foster valuable contributors to the workforce and their communities.
In practice, Making Waves Academy works tirelessly to ensure the youth it serves acquire the essential skills required for college admission and graduation. Over the course of the FY 21/22, the academy served over 1,100 children, demonstrating its significant impact on the lives of young learners. This nonprofit organization's unwavering commitment to its mission is reflected in its rigorous approach to preparing students for the academic, social, and emotional challenges they will face in higher education. Through its efforts, Making Waves Academy plays a crucial role in shaping the future of its students and contributing to their long-term success.
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Impact
August, 2024
Making Waves Academy's impact is significant in advancing students towards and through college or post-secondary education. The academy in Richmond, CA, is dedicated to ensuring that youth acquire the skills necessary to gain acceptance to and graduate from college. With a mission focused on preparing students holistically for higher education, Making Waves Academy has served over 1,100 children in the fiscal year 2021/2022 alone. By committing to rigorous academic preparation, this educational institution is helping students become valuable contributors to the workforce and their communities.
This information is meant to be a general summary of Making Waves Academy. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $562
- Gross Receipts: $27,331,193
Assets and Liabilities:
- Total Assets: $9,802,840
- Total Liabilities: $2,812,036
- Net Assets: $6,990,804
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Organization Details
Founding Year
2007
Phone
(510) 262-1511Principal Officer
Alton B Nelson Jr
Main Address
4123 LAKESIDE DRIVE, RICHMOND, CA, 94806
Website
www.makingwavesacademy.orgNTEE Category
Code: B29 - Education
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