2025-05-13T17:43:27-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 2210 EAST ROUTE 66 GLENDORA CA 91740 990 2023-07-01 208967421 MAKING WAVES ACADEMY MAKI 5102621511 4123 LAKESIDE DRIVE RICHMOND CA 94806 ALTON B NELSON JR CEO 5102621511 2025-05-06 1 1 MEI-LI HUANG P02383735 6268577300 2025-05-06 2023 2025-03-06 01:10:19Z ALTON B NELSON JR 4123 LAKESIDE DRIVE RICHMOND CA 94806 30342025 0 X WWW.MAKINGWAVESACADEMY.ORG X 2007 CA ADVANCE STUDENTS TO AND THROUGH COLLEGE OR POST-SECONDARY EDUCATION. 7 7 225 20 0 0 29192627 29920372 0 0 66531 421653 0 0 29259158 30342025 0 0 0 0 18426553 18997784 0 0 0 9702667 9708682 28129220 28706466 1129938 1635559 15269756 17051335 7149014 7295034 8120742 9756301 RIGOROUSLY AND HOLISTICALLY PREPARING STUDENTS TO GAIN ACCEPTANCE TO AND GRADUATE FROM COLLEGE TO ULTIMATELY BECOME VALUABLE CONTRIBUTORS TO THE WORKFORCE AND THEIR COMMUNITIES. 0 0 26929963 0 0 MAKING WAVES ACADEMY ENSURES THAT OUR YOUTH ACQUIRE THE SKILLS NECESSARY TO GAIN ACCEPTANCE TO AND GRADUATE FROM COLLEGE. MAKING WAVES ACADEMY SERVED OVER 1,103 CHILDREN IN THE FY 23/24. 26929963 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 41 0 1 225 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 1 0 1 0 0 0 1 1 1 1 1 1 1 0 0 CA X ALTON B NELSON JR 5102621511 4123 LAKESIDE DR RICHMOND CA 94806 ALICA KLEIN BOARD CHAIR 15.00 X X 0 0 0 JANIS GLOVER DIRECTOR 1.00 X 0 0 0 DR ESTHER HUGO DIRECTOR 1.00 X 0 0 0 JESSICA LAUGHLIN DIRECTOR 1.00 X 0 0 0 LAYLA NARAJON DIRECTOR 1.00 X 0 0 0 AMY OBINYAN DIRECTOR 1.00 X 0 0 0 MARGARET WATSON DIRECTOR 1.00 X 0 0 0 ALTON B NELSON JR CHIEF EXECUTIVE OFFICER 50.00 X 347953 0 85068 XIUSHI WEI END 624 CHIEF FINANCIAL OFFICER 50.00 X 178335 0 16797 ELIZABETH MARTINEZ CHIEF OPERATING OFFICER 50.00 X 172837 0 31723 DAMON EDWARDS CHIEF TECHNOLOGY OFFICER 50.00 X 189914 0 37535 KAREN SNIDER DIRECTOR OF SPECIAL ED. 50.00 X 176179 0 38751 JEFF HAZEL DIRECTOR OF ATHLETICS 50.00 X 131563 0 58024 ATHENA DRAPER IT DIRECTOR 50.00 X 148013 0 16552 HUNG MAI DIRECTOR OF FINANCE 50.00 X 165372 0 29219 1510166 0 313669 37 0 1 0 PACHECO CLEANING SERVICE 2025 DOVER AVE SAN PABLO CA 94806 JANITORIAL SERVICES 595452 FRUGE PSYCHOLOGICAL ASSOC INC 1300 CLAY ST SUITE 600 OAKLAND CA 94612 PSYCHOLOGIST 373783 LINDE GROUP 2560 NINTH STREET STE 219 BERKELEY CA 94710 IT SERVICES 352715 SCOOT EDUCATION INC 5670 WILSHIRE BLVD STE 1970 LOS ANGELES CA 90036 CONTRACT SERVICES FOR TECHER SUBSTITUTES 304310 ANCHOR COUNSELING & EDUCATION SOLUTIONS 19200 VON KARMAN AVE STE 600 IRVINE CA 92612 SPECIAL EDUCATION 276632 10 19642505 10277867 42376 29920372 421653 421653 30342025 0 0 421653 831502 748352 83150 13917988 12955168 962820 1438868 1350560 88308 2261430 2135290 126140 547996 496748 51248 53348 49614 3734 44561 40105 4456 2855855 2767433 88422 942297 882226 60071 940774 874920 65854 3193333 3002988 190345 34199 31805 2394 140997 131127 9870 18201 18201 484212 450317 33895 INSTRUCTIONAL MATERIALS 587755 587755 STUDENT TRANSPORTATION 214595 214595 OTHER EXPENSES 198555 192759 5796 28706466 26929963 1776503 0 8494368 12408801 5958257 3841290 389343 455153 458213 206919 269495 251294 158293 94797 15269756 17051335 3122625 2767521 3868015 4432499 158374 95014 7149014 7295034 X 8120742 9756301 8120742 9756301 15269756 17051335 1635559 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 435813 184519 251294 22400 22400 0 251294 ROU LEASE LIABILITY 95014 95014 X 30342025 0 30342025 0 30342025 28706466 0 28706466 0 28706466 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. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 NONDISCRIMINATORY POLICY INCLUDED IN ALL ADVERTISEMENTS & ENROLLMENT MATERIALS. SCHEDULE E, PART I, LINE 6 MAKING WAVES ACADEMY IS A PUBLIC CHARTER SCHOOL. THE SCHOOL RECEIVES PER PUPIL FUNDING FROM THE STATE OF CALIFORNIA. X X X X 0 0 0 0 0 0 0 0 0 ALTON B NELSON JR CHIEF EXECUTIVE OFFICER 347953 0 0 0 0 0 58906 0 26162 0 433021 0 0 0 DAMON EDWARDS CHIEF TECHNOLOGY OFFICER 189914 0 0 0 0 0 11301 0 26234 0 227449 0 0 0 KAREN SNIDER DIRECTOR OF SPECIAL ED. 176179 0 0 0 0 0 31155 0 7596 0 214930 0 0 0 ELIZABETH MARTINEZ CHIEF OPERATING OFFICER 172837 0 0 0 0 0 8184 0 23539 0 204560 0 0 0 XIUSHI WEI END 624 CHIEF FINANCIAL OFFICER 178335 0 0 0 0 0 7125 0 9672 0 195132 0 0 0 HUNG MAI DIRECTOR OF FINANCE 165372 0 0 0 0 0 9605 0 19614 0 194591 0 0 0 JEFF HAZEL DIRECTOR OF ATHLETICS 131563 0 0 0 0 0 23573 0 34451 0 189587 0 0 0 ATHENA DRAPER IT DIRECTOR 148013 0 0 0 0 0 0 0 16552 0 164565 0 0 0 X 1 42376 FMV 0 0 0 0 PART I, COLUMN (B): COLUMN B INDICATES THE NUMBER OF CONTRIBUTORS. 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. FORM 990, PART VI, SECTION A, LINE 8B MAKING WAVES ACADEMY HAS NO COMITTEE WITH THE AUTHORITY TO ACT ON BEHALF OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATIONS INDEPENDENT ACCOUNTING FIRM WITH INFORMATION PROVIDED BY MANAGEMENT. ONCE PREPARED, THE FORM IS REVIEWED BY THE AUDIT COMMITTEE BEFORE BEING SHARED WITH THE ENTIRE BOARD PRIOR TO FILING FORM 990, PART VI, SECTION B, LINE 12C ALL EMPLOYEES, OFFICERS, AND DIRECTORS ARE COVERED UNDER MWA'S CONFLICT OF INTEREST POLICY. ALL INTERESTED PERSONS ARE REQUIRED TO ANNUALLY DISCLOSE POTENTIAL CONFLICTS, AS WELL AS WHEN THEY ARISE. MONITORING IS PERFORMED REGULARLY BY THE OFFICERS TO IDENTIFY POTENTIAL CONFLICTS OF INTEREST. ANY QUESTIONS OF A CONFLICT ARE ADDRESSED WITH THE DESIGNATED EMPLOYEE, WHO IS REQUIRED TO DISCLOSE THE EXISTENCE OF ANY MATERIAL FINANCIAL INTEREST AND BE AFFORDED THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD AND EXECUTIVE DIRECTOR. THE BOARD DETERMINES IF A CONFLICT OF INTEREST IS PRESENT. IF A CONFLICT OF INTEREST IS IDENTIFIED, THE APPROPRIATE ACTION IS TAKEN, INCLUDING LIMITATIONS TO THE INDIVIDUAL'S INFLUENCE ON RELATED BUSINESS MATTERS WITHIN DISCUSSION AND VOTING. ALL DELIBERATION AND DECISIONS ARE RECORDED IN MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD DETERMINES THE CEO COMPENSATION BASED ON COMPARABILITY DATA. IT ALSO CONSULTS WITH THE CEO ON THE COMPENSATION OF OTHER C-SUITE POSITIONS AS WELL AS REVIEWS PERIODIC BENCHMARKS FOR POSITIONS ACROSS THE ORGANIZATION. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2021, AS THIS IS FOR A FOUR YEAR CONTRACT. 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. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.