Washington · Nonprofit
WILLIAM M FACTORY SMALL BUSINESS INCUBATOR
WILLIAM M FACTORY SMALL BUSINESS INCUBATOR (Washington) receives grants from 3 organizations whose IRS filings report $131,026 to it, the largest being WASHINGTON STATE MICROENTERPRISE ASSOCIATION ($111,000). 2 of them have funded it in more than one year.
- Revenue FY2026
- $574k
- Funders on record
- 3
- Grants received
- $131k
- Net assets
- $3.7M
What William M Factory Small Business Incubator does
Mission
To promote economic revitalization through assistance to disadvantaged small business enterprises.
As stated on its FY2026 Form 990.
Programs
During the most recent fiscal year, the Incubator assisted over 300 entrepreneurs with workshops on business topics including finance, marketing, technology and industry networking. The Incubator also enrolled over 200 entrepreneurs for one-on-one counseling and provided mentors, business support referrals and other business resources. The Incubator supported an educational technology cluster with over 20 enterprises to assist this sector with business activities. The Incubator also facilitated loan approvals and private investments for otherwise disadvantaged enterprises.
$209,441 spent$78,505 earned by the program100% of program spendingOther program services, not described on the e-filed return.
$0 spent0% of program spending
The 2 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $209,441.
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 2021 to 2022, from $3.1M to $2.6M (−16%).
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: 2021 1% · 2022 79% · 2023 22% · 2024 22% · 2025 24% · 2026 11%. Grants only. Government contracts and fees sit inside program revenue.
14% of WILLIAM M FACTORY SMALL BUSINESS INCUBATOR’s revenue is contributions — about as donation-reliant as the typical peer (62% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 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
Tim Strege
Executive Director
Board chair
Dennis Joyce
Chair, Board Director
As listed on its FY2026 Form 990.
Who funds it, year by year
2020 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $5 → $36k.
2 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 15% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of WILLIAM M FACTORY SMALL BUSINESS INCUBATOR’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
WILLIAM M FACTORY SMALL BUSINESS INCUBATOR leans on a few funders — its largest provides 85% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
100% 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 WILLIAM M FACTORY SMALL BUSINESS INCUBATOR.
Largest funder’s share by year: 2020 100% · 2021 69% · 2022 100% · 2023 100% — broadly stable.
“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
100% of WILLIAM M FACTORY SMALL BUSINESS INCUBATOR's grant income comes from Washington funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $20k arriving through sponsors registered in 1 state 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
WILLIAM M FACTORY SMALL BUSINESS INCUBATOR runs a healthier operating margin than three-quarters of the 142 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 142 community improvement nonprofits $100k–$1M, FY2026
Organizations like WILLIAM M FACTORY SMALL BUSINESS INCUBATOR
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 Washington
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
91% of spending goes to programs.
Governance
Public support
37%
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 WILLIAM M FACTORY SMALL BUSINESS INCUBATOR: 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 WILLIAM M FACTORY SMALL BUSINESS INCUBATOR?
- WILLIAM M FACTORY SMALL BUSINESS INCUBATOR (Washington) receives grants from 3 organizations whose IRS filings report $131,026 to it, the largest being WASHINGTON STATE MICROENTERPRISE ASSOCIATION ($111,000). 2 of them have funded it in more than one year.
- How many funders does WILLIAM M FACTORY SMALL BUSINESS INCUBATOR have?
- IRS filings report 3 organizations giving $131,026 in grants to WILLIAM M FACTORY SMALL BUSINESS INCUBATOR, 2 of which have funded it in more than one year.
- Who is the largest funder of WILLIAM M FACTORY SMALL BUSINESS INCUBATOR?
- WASHINGTON STATE MICROENTERPRISE ASSOCIATION is the largest funder on record, with $111,000 in grants. The full list of funders is on this page.
- How can an organization like WILLIAM M FACTORY SMALL BUSINESS INCUBATOR find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Washington. 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 William M Factory Small Business Incubator →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2026 (financials across 2018–2026), and the filings of 3 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