Texas · Nonprofit
WACO ENTREPRENEURIAL ECOSYSTEM COLLABORATIVE INC
WACO ENTREPRENEURIAL ECOSYSTEM COLLABORATIVE INC (Texas) receives grants from 17 organizations whose IRS filings report $4,807,209 to it, the largest being BAYLOR UNIVERSITY ($1,250,000). 8 of them have funded it in more than one year, and 62% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $11M
- Funders on record
- 17
- Grants received
- $4.8M
- Net assets
- $5.0M
What Waco Entrepreneurial Ecosystem Collaborative Inc does
Mission
Start up waco is a texas nonprofit organization formed via collaboration of cross-sector partnerships that aspire to lead waco's entrepreneurial support efforts and elevate waco as a hub for business innovation.
As stated on its FY2024 Form 990.
Programs
Startup waco is building the entrepreneurial ecosystem of central texas and encouraging members to embrace a culture of innovation by empowering entrepreneurs and innovators to build and grow successful businesses. To achieve this goal, the organization operates a coworking accelerator space in downtown waco, and delivers programming aimed at three main groups of entrepreneurs: 1. Local business owners, 2. High-growth startups, and 3. Students.
$310,463 spent$200,271 earned by the program3% of program spendingFor local business owners, the largest program is our weekly entrepreneur networking event called the meetup. Each week, over 50 business owners gather to network and introduce their product or service to the larger community. From insights gained from this program we implement other program to support and address key needs of small business owners in our region.
$34,496 spent0% of program spendingFor students, we operated two main programs, one is an advisory program at the baylor university hankamer school of business, and the other is called gxg which began in june of 2022. Gxg is a student-athlete development program that connects business leaders and entrepreneurs to local student-athletes, and works directly with student-athletes to provide business education services, entrepreneurial support, and financial literacy training. This program is facilitated through a combination of in-person and virtual workshops, seminars and events, and helps provide a foundation to any student-athlete within our service area who is building a business or entrepreneurial foundation.
$10,491,909 spent$10,413,456 earned by the program97% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $10,836,868.
The organization over time
Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $702k to $5.7M (+717%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2020 15% · 2021 10%. Grants only. Government contracts and fees sit inside program revenue.
97% of WACO ENTREPRENEURIAL ECOSYSTEM COLLABORATIVE INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 7 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Jon Passavant
CEO
Board chair
Jeremy Vickers
Board chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2021 → 2023: the base broadened from 3 funders to 7 funders, grant income rose $40k → $713k.
8 of 17 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 62% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $4.7M from one payer (the payer shares this organization's board, largest Waco Foundation). These are real filings, and they are not money WACO ENTREPRENEURIAL ECOSYSTEM COLLABORATIVE INC raised.
From the IRS filings of WACO ENTREPRENEURIAL ECOSYSTEM COLLABORATIVE INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
WACO ENTREPRENEURIAL ECOSYSTEM COLLABORATIVE INC leans on a few funders — its largest provides 26% of grant income and the top three 65%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
88% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund WACO ENTREPRENEURIAL ECOSYSTEM COLLABORATIVE INC.
Largest funder’s share by year: 2021 38% · 2022 56% · 2023 56% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
62% of WACO ENTREPRENEURIAL ECOSYSTEM COLLABORATIVE INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $1.8M that is directly attributable, 84% of it comes from Texas funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $3.0M arriving through sponsors registered in 7 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
WACO ENTREPRENEURIAL ECOSYSTEM COLLABORATIVE INC has grown faster than three-quarters of the 659 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 659 community improvement nonprofits $10M–$100M, FY2024
Organizations like WACO ENTREPRENEURIAL ECOSYSTEM COLLABORATIVE INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Texas
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
95% of spending goes to programs.
Governance
Public support
81%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Screen this organization
A dated, signed PDF of the compliance screen for WACO ENTREPRENEURIAL ECOSYSTEM COLLABORATIVE INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds WACO ENTREPRENEURIAL ECOSYSTEM COLLABORATIVE INC?
- WACO ENTREPRENEURIAL ECOSYSTEM COLLABORATIVE INC (Texas) receives grants from 17 organizations whose IRS filings report $4,807,209 to it, the largest being BAYLOR UNIVERSITY ($1,250,000). 8 of them have funded it in more than one year, and 62% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does WACO ENTREPRENEURIAL ECOSYSTEM COLLABORATIVE INC have?
- IRS filings report 17 organizations giving $4,807,209 in grants to WACO ENTREPRENEURIAL ECOSYSTEM COLLABORATIVE INC, 8 of which have funded it in more than one year.
- Who is the largest funder of WACO ENTREPRENEURIAL ECOSYSTEM COLLABORATIVE INC?
- BAYLOR UNIVERSITY is the largest funder on record, with $1,250,000 in grants. The full list of funders is on this page.
- How can an organization like WACO ENTREPRENEURIAL ECOSYSTEM COLLABORATIVE INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Waco Entrepreneurial Ecosystem Collaborative →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2018–2024), and the filings of 17 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing