BEducationEIN: 680204312· Ruling Year: 1990

Making Waves Foundation Inc

Richmond, California

A-Health Score
78A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 2 peers in Education with <$100K revenue

Working Capital Ratio (net assets ÷ expenses)

This Org10.18×
Peer Median26.08×
💰
$26.8M
Total Revenue
📊
$21.1M
Total Expenses
🏦
$214.3M
Net Assets
📋
$37.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-15.5%
Year-over-year change (2022 → 2023)
Net Margin
+21.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
10.18
Net assets divided by total expenses
Liabilities-to-Assets
15.0%
Total liabilities as % of total assets

Filing History

11 filings on record
YearRevenueExpensesAssets
2023$26,832,93416%$21,053,22711%$252,006,0952%
2022$31,756,669155%$19,032,8042%$246,520,9482%
2021$12,436,21264%$19,325,25023%$241,696,3412%
2020$34,390,39068%$25,204,48120%$246,870,4284%
2019$106,544,021299%$31,397,420261%$255,864,571316%
2016$26,704,361294%$8,687,37921%$61,579,58335%
2015$6,778,736200%$10,963,52326%$45,579,71610%
2014$2,260,40694%$14,867,68424%$50,700,61212%
2013$40,461,84832%$19,559,18252%$57,539,31455%
2012$30,735,380611%$12,895,211170%$37,147,441107%
2011$4,322,059$4,772,928$17,972,446

Frequently Asked Questions

What does Making Waves Foundation Inc do?

Making Waves Foundation Inc is a education nonprofit organization based in California. It is classified under NTEE code B82 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Making Waves Foundation Inc financially healthy?

Based on our 9-metric Financial Health Score model, Making Waves Foundation Inc has a score of 78/100 (Grade: A-). 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 Foundation Inc generate?

Revenue data for Making Waves Foundation Inc is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.

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