Skip to main content

Nonprofit · EIN 82-2094253

WACO ENTREPRENEURIAL ECOSYSTEM COLLABORATIVE INC

Also known as START UP WACO

Tax-exempt · WACO, TX 76701

Financials

$8.2M$2.9M2023$10.8M$11.4M2024
Revenue Expenses · by fiscal year end
Financials of WACO ENTREPRENEURIAL ECOSYSTEM COLLABORATIVE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$10,780,187$11,422,855-$642,668$5,090,111$113,139$4,976,972
December 31, 2023990$8,193,520$2,933,515$5,260,005$5,735,425$111,884$5,623,541
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$10,413,456
Program service revenue
$197,771
Investment income
$166,342
Net rental income
$2,500
Other revenue
$2,618

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$120,902
Other salaries and wages
$215,487
Salaries, compensation and benefits (total)
$409,116
Professional fundraising fees
$0
Legal fees
$11,506
Accounting fees
$46,829
Occupancy
$47,536
Travel
$4,383
Depreciation
$44,676
Program services (functional)
$10,836,868
Management and general (functional)
$585,987

Balance sheet and other

Total assets, start of year
$5,735,425
Total assets, end of year
$5,090,111
Total liabilities, end of year
$113,139
Net assets, end of year
$4,976,972
Land, buildings and equipment
$489,518
Gross receipts
$10,780,187
Employees
7
Volunteers
50
Year formed
2017
State of legal domicile
TX

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
JON PASSAVANTCEO
Highest-paid employee
40$120,902$18,374
MARK REYNOLDSDIRECTOR
Trustee or director
1$0$0
ANDREA BAREFIELDSECRETARY
Trustee or director, Officer
1$0$0
KRIS COLLINSVICE CHAIR
Trustee or director, Officer
1$0$0
WELDON RATLIFFDIRECTOR
Trustee or director
1$0$0
LADAINIAN TOMLINSONDIRECTOR
Trustee or director
1$0$0
JEREMY VICKERSBOARD CHAIR
Trustee or director, Officer
1$0$0
SARAH ROBERTSDIRECTOR
Trustee or director, Officer
1$0$0
CATHERINE BALLASDIRECTOR
Trustee or director
1$0$0
CHRIS DELEENHERDIRECTOR
Trustee or director
1$0$0
TASMIN MCDONALDDIRECTOR
Trustee or director
1$0$0
DOUG MCNAMEEDIRECTOR
Trustee or director
1$0$0
BACILIO GARCIATREASURER
Trustee or director, Officer
1$0$0
CAMERON GROSSDIRECTOR
Trustee or director
1$0$0
KYLE DEAVERDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensationOther / benefits
JON PASSAVANTCEO
Highest-paid employee
40$149,019$23,724
ASHLEY ALLISONDIRECTOR
Trustee or director
1$0$0
MARK REYNOLDSDIRECTOR
Trustee or director
1$0$0
ANDREA BAREFIELDSECRETARY
Trustee or director, Officer
1$0$0
KRIS COLLINSTREASURER
Trustee or director, Officer
1$0$0
SHERMAN AYRESDIRECTOR
Trustee or director
1$0$0
WELDON RATLIFFDIRECTOR
Trustee or director
1$0$0
ALFRED SOLANODIRECTOR
Trustee or director
1$0$0
LADAINIAN TOMLINSONDIRECTOR
Trustee or director
1$0$0
JEREMY VICKERSVICE CHAIR
Trustee or director, Officer
1$0$0
SARAH ROBERTSBOARD CHAIR
Trustee or director, Officer
1$0$0
LEAH JACKSON-TEAGUEDIRECTOR
Trustee or director
1$0$0
CATHERINE BALLASDIRECTOR
Trustee or director
1$0$0
CHRIS DELEENHERDIRECTOR
Trustee or director
1$0$0
TASMIN MCDONALDDIRECTOR
Trustee or director
1$0$0
DOUG MCNAMEEDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
605 AUSTIN AVE, WACO, TX 76701-2017
In care of
% KEVIN RENOIS
Principal officer (990 for 2024)
JEREMY VICKERS, 605 AUSTIN AVENUE, WACO, TX 76701
Signed the 990
JEREMY VICKERS, VICE CHAIR
Phone
(254) 304-9179
Return prepared by
JRBT PC

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.

990 for the year ended December 31, 2024

Program accomplishments

  • 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.
    Expenses $310,463 · revenue $200,271
  • FOR 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.
    Expenses $34,496
  • FOR 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.
    Expenses $10,491,909 · revenue $10,413,456

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
82-2094253
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2019
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,090,111
Income (IRS master file)
$10,780,187

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$8,193,520$2,933,515$5,735,425IRS
990December 2022$1,333,284$1,403,888$701,978IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about WACO ENTREPRENEURIAL ECOSYSTEM COLLABORATIVE INC

What is the EIN of WACO ENTREPRENEURIAL ECOSYSTEM COLLABORATIVE INC?
The employer identification number (EIN) of WACO ENTREPRENEURIAL ECOSYSTEM COLLABORATIVE INC is 82-2094253.
Is WACO ENTREPRENEURIAL ECOSYSTEM COLLABORATIVE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to WACO ENTREPRENEURIAL ECOSYSTEM COLLABORATIVE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WACO ENTREPRENEURIAL ECOSYSTEM COLLABORATIVE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of WACO ENTREPRENEURIAL ECOSYSTEM COLLABORATIVE INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WACO ENTREPRENEURIAL ECOSYSTEM COLLABORATIVE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of WACO ENTREPRENEURIAL ECOSYSTEM COLLABORATIVE INC?
The 990 for the year ended December 31, 2024 names JEREMY VICKERS.
Who are the officers and directors of WACO ENTREPRENEURIAL ECOSYSTEM COLLABORATIVE INC?
The 990 for the year ended December 31, 2024 lists 15 people; 1 received compensation from the organization, the highest $120,902 (JON PASSAVANT, CEO).
How much revenue does WACO ENTREPRENEURIAL ECOSYSTEM COLLABORATIVE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $10,780,187, expenses of $11,422,855 and total assets of $5,090,111 at year end.

Other nonprofits in WACO

All nonprofits in WACO · Texas · Community improvement and capacity building