Making Waves Academy
Richmond, California
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 73 peers in Education with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $29,259,158↑7% | $28,129,220↑8% | $15,269,756↑56% | |
| 2022 | $27,331,193↑4% | $26,024,225↑14% | $9,802,840↑24% | — |
| 2021 | $26,162,120↑14% | $22,740,700↓7% | $7,891,807↑29% | — |
| 2020 | $23,033,799↓2% | $24,399,217↑6% | $6,099,100↑25% | — |
| 2019 | $23,532,549↑22% | $22,997,070↑19% | $4,863,829↑18% | — |
| 2018 | $19,366,990↑21% | $19,282,862↑21% | $4,129,011↑8% | — |
| 2017 | $15,975,299↑11% | $15,918,652↑15% | $3,836,760↑4% | — |
| 2016 | $14,389,775↑20% | $13,859,202↑16% | $3,692,908↓4% | — |
| 2015 | $12,033,955↓8% | $11,968,870 | $3,866,841↑8% | — |
| 2014 | $13,146,853↑33% | $11,960,292↑21% | $3,596,378↑73% | — |
| 2013 | $9,906,022↑20% | $9,847,318↑20% | $2,078,791↑51% | — |
| 2012 | $8,263,898↑27% | $8,172,108↑33% | $1,374,807↑1% | — |
| 2011 | $6,499,332 | $6,167,042 | $1,357,344 | — |
Frequently Asked Questions
What does Making Waves Academy do?▼
Making Waves Academy is a education nonprofit organization based in California. It is classified under NTEE code B29 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Making Waves Academy financially healthy?▼
Based on our 9-metric Financial Health Score model, Making Waves Academy has a score of 70/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Making Waves Academy generate?▼
Making Waves Academy reports $30.3M in annual revenue and holds $17.1M in total assets, based on IRS filings.
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