2026-05-11T13:16:14-05:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP 901 VIA PIEMONTE SUITE 300 ONTARIO CA 91764 990 2024-07-01 208967421 MAKING WAVES ACADEMY MAKI 5102621511 4123 LAKESIDE DRIVE RICHMOND CA 94806 ALTON B NELSON JR CEO 5102621511 2026-05-08 1 0 MEI-LI HUANG P02383735 9099857286 2026-03-27 2024 2025-03-06 01:10:19Z ALTON B NELSON JR 4123 LAKESIDE DRIVE RICHMOND CA 94806 28031939 0 X WWW.MAKINGWAVESACADEMY.ORG X 2007 CA ADVANCE STUDENTS TO AND THROUGH COLLEGE OR POST-SECONDARY EDUCATION. 7 7 221 20 0 0 29920372 27641441 0 0 421653 390498 0 0 30342025 28031939 0 0 0 0 18997784 16794062 0 0 0 9708682 11302341 28706466 28096403 1635559 -64464 17051335 16356230 7295034 6664393 9756301 9691837 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 26286864 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. 26286864 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 47 0 1 221 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 1 0 CA X ALTON B NELSON JR 5102621511 4123 LAKESIDE DR RICHMOND CA 94806 ALTON B NELSON JR CHIEF EXECUTIVE OFFICER 40.00 X 339071 0 89356 ELIZABETH MARTINEZ CHIEF OPERATING OFFICER 40.00 X 212880 0 34307 TAMEKA JACKSON PRINCIPAL 40.00 X 201586 0 41414 DAMON EDWARDS CHIEF TECHNOLOGY OFFICER 40.00 X 206713 0 35560 HUNG MAI DIRECTOR OF FINANCE THROUGH 6/25 40.00 X 159234 0 26366 KATHARINE MASON DIRECTOR OF CAMPUS OPERATIONS 40.00 X 152509 0 28695 ATHENA DRAPER IT DIRECTOR 40.00 X 155306 0 14537 ARIKA SPENCER-BROWN DIR. OF COLLEGE & CAREER COUNSELING 40.00 X 118805 0 44283 ALONSO RIVERA HEALTH & WELLNESS TEACHER 40.00 X 113194 0 41611 ALICA KLEIN BOARD CHAIR 15.00 X X 0 0 0 ENRIQUE ROMERO BOARD SECRETARY 1.00 X X 0 0 0 JANIS GLOVER DIRECTOR 1.00 X 0 0 0 DR ESTHER HUGO DIRECTOR 1.00 X 0 0 0 FELICIA SELVA 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 1659298 0 356129 35 0 1 0 PACHECO'S CLEANING SERVICES 2025 DOVER AVE SAN PABLO CA 94806 JANITORIAL SERVICES 683642 SWING EDUCATION INC PO BOX 92376 LAS VEGAS NV 891932376 TEACHER SUBSTITUTES 537988 LINDE GROUP 2560 NINTH STREET STE 219 BERKELEY CA 94710 IT SERVICES 447207 SCOOT EDUCATION INC 5670 WILSHIRE BLVD STE 1970 LOS ANGELES CA 90036 TEACHER SUBSTITUTES 397759 SENECA FAMILY OF AGENCIES 8945 GOLF LINKS RD OAKLAND CA 94605 SPECIAL EDUCATION 321334 13 19974044 7667397 39119 27641441 390498 390498 28031939 0 0 390498 X 1193529 1074177 119352 11884920 11000756 884164 1213625 1130442 83183 2005412 1846416 158996 496576 450424 46152 76929 70775 6154 42105 37894 4211 4561467 4432982 128485 639501 599740 39761 1000777 920715 80062 3374498 3173382 201116 38524 35442 3082 111389 102478 8911 18201 18201 504754 464374 40380 INSTRUCTIONAL MATERIALS 526783 526783 STUDENT TRANSPORTATION 214351 214351 OTHER EXPENSES 193062 187532 5530 28096403 26286864 1809539 0 12408801 6345602 6200000 3841290 3230752 455153 293805 458213 225119 251294 233094 94797 52977 17051335 16356230 2767521 3320422 4432499 3290640 95014 53331 7295034 6664393 X 9756301 3491837 6200000 9756301 9691837 17051335 16356230 -64464 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 458213 225119 233094 233094 ROU LEASE LIABILITY 53331 53331 X 28031939 0 28031939 0 28031939 28096403 0 28096403 0 28096403 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 1 0 0 0 0 0 0 0 0 ALTON B NELSON JR CHIEF EXECUTIVE OFFICER 339071 0 0 0 0 0 63837 0 25519 0 428427 0 0 0 ELIZABETH MARTINEZ CHIEF OPERATING OFFICER 212880 0 0 0 0 0 10461 0 23846 0 247187 0 0 0 TAMEKA JACKSON PRINCIPAL 201586 0 0 0 0 0 35261 0 6153 0 243000 0 0 0 DAMON EDWARDS CHIEF TECHNOLOGY OFFICER 206713 0 0 0 0 0 12206 0 23354 0 242273 0 0 0 HUNG MAI DIRECTOR OF FINANCE THROUGH 6/25 159234 0 0 0 0 0 9255 0 17111 0 185600 0 0 0 KATHARINE MASON DIRECTOR OF CAMPUS OPERATIONS 152509 0 0 0 0 0 4355 0 24340 0 181204 0 0 0 ATHENA DRAPER IT DIRECTOR 155306 0 0 0 0 0 0 0 14537 0 169843 0 0 0 ARIKA SPENCER-BROWN DIR. OF COLLEGE & CAREER COUNSELING 118805 0 0 0 0 0 21106 0 23177 0 163088 0 0 0 ALONSO RIVERA HEALTH & WELLNESS TEACHER 113194 0 0 0 0 0 20790 0 20821 0 154805 0 0 0 PART I, LINE 3 THE BOARD DETERMINES THE CEO COMPENSATION BASED ON COMPARABILITY DATA. IT ALSO CONSULTS WITH THE CEO ON THE COMPENSATION OF C-SUITE POSITIONS AS WELL AS REVIEWS PERIODIC BENCHMARKS FOR POSITIONS ACROSS THE ORGANIZATION. PART I, LINE 4A HUNG MAI'S COMPENSATION REPORTED ON FORM 990, PART VII INCLUDED $47,734 FOR SEVERANCE; TERMS AND CONDITIONS WERE AS FOLLOWS: SEVERANCE PAYMENT X 1 39119 FMV 0 1 0 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 15 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 2025, AS THIS IS FOR A THREE 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 IX, LINE 11G OVERSIGHT FEES: PROGRAM SERVICE EXPENSES 146,604. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 146,604. CONTRACTED SERVICES : PROGRAM SERVICE EXPENSES 1,447,940. MANAGEMENT AND GENERAL EXPENSES 43,402. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,491,342. SPECIAL EDUCATION: PROGRAM SERVICE EXPENSES 1,219,630. MANAGEMENT AND GENERAL EXPENSES 36,559. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,256,189. SUBSTITUTE TEACHERS: PROGRAM SERVICE EXPENSES 1,199,894. MANAGEMENT AND GENERAL EXPENSES 35,967. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,235,861. OTHER FEES FOR SVCS: PROGRAM SERVICE EXPENSES 418,914. MANAGEMENT AND GENERAL EXPENSES 12,557. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 431,471. FORM 990, PART XII, LINE 2C: 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.