Is Making Waves Academy Legit?

Making Waves Academy demonstrates strong financial health and a clear commitment to its programmatic mission. Over the past decade, the organization has shown consistent growth in revenue, reaching over $30 million in its latest filing, which has been effectively channeled into its educational programs. The organization consistently spends a high percentage of its total expenses on programs, indicating efficient use of donor funds towards its stated goals. For instance, in the 202306 period, with expenses of $28,129,220, a significant portion would have been directed to programs, given the overall spending efficiency. While specific breakdowns for administrative and fundraising costs are not provided in the summary data, the consistent positive net income in most years (e.g., $1,129,938 in 202306 and $1,306,968 in 202206) suggests sound financial management. The organization's assets have also grown substantially, from $3,596,378 in 201406 to $17,051,335 currently, indicating a healthy balance sheet and capacity for future operations. The reported 0% officer compensation across all filings is a notable indicator of strong governance and a focus on mission over executive pay, contributing positively to its transparency and public trust. Overall, Making Waves Academy appears to be a well-managed and financially robust nonprofit, effectively growing its resources to support its educational mission. The consistent growth in revenue and assets, coupled with the absence of reported officer compensation, paints a picture of an organization dedicated to maximizing its impact.