Greater Wichita Partnership Inc

EIN: 474134110 Community Improvement

Wichita, KS

Total Revenue
$3,308,760
Total Expenses
$4,226,033
Total Assets
$898,160
Net Assets
$350,115
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
KS
Phone
3165006650
Tax Period
2023-01-01 to 2023-12-31

Greater Wichita Partnership Inc, founded in 2015, is a community nonprofit in the Community Improvement sector that reported $3.3M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $4.2M exceeded revenue, resulting in a 28% operating deficit.

Mission

ALIGN RESOURCES AND FOCUS THE BUSINESS COMMUNITY ON COMMON STRATEGIES THAT FAST-FORWARD ECONOMIC GROWTH IN WICHITA AND THROUGHOUT SOUTH-CENTRAL KANSAS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,285,990
Program Service Revenue $0
Investment Income $13,230
Other Revenue $9,540
TOTAL REVENUE $3,308,760

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,910,939
Fundraising Expenses $0
Program Expenses $0
Other Expenses $2,237,294
TOTAL EXPENSES $4,226,033

Year-over-Year Comparison

2023 2022 Change
Revenue $3,308,760 $3,535,389 -0.1%
Expenses $4,226,033 $3,413,990 +0.2%
Net Income $-917,273 $121,399 -8.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
32
Independent Members
32
Employees
16
Volunteers
100

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$443,856
Total Directors
32
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A CO-CHAIR 1.0
Officer Director
$0 $0 $0
N/A CO-CHAIR 1.0
Officer Director
$0 $0 $0
N/A SECRETARY 1.0
Officer Director
$0 $0 $0
N/A VICE-CHAIR 1.0
Officer Director
$0 $0 $0
N/A TREASURER 1.0
Officer Director
$0 $0 $0
N/A DIRECTOR - EX-OFFICIO 1.0
Director
$0 $0 $0
N/A DIRECTOR - EX-OFFICIO 1.0
Director
$0 $0 $0
N/A AT-LARGE MEMBER 1.0
Director
$0 $0 $0
N/A DIRECTOR - EX-OFFICIO 1.0
Director
$0 $0 $0
N/A DIRECTOR - EX-OFFICIO 1.0
Director
$0 $0 $0
N/A DIRECTOR - EX-OFFICIO 1.0
Director
$0 $0 $0
N/A DIRECTOR - EX-0FFICIO 1.0
Director
$0 $0 $0
N/A DIRECTOR - EX-OFFICIO 1.0
Director
$0 $0 $0
N/A DIRECTOR - EX OFFICIO 1.0
Director
$0 $0 $0
N/A DIRECTOR - EX-OFFICIO 1.0
Director
$0 $0 $0
N/A DIRECTOR - EX-OFFICIO 1.0
Director
$0 $0 $0
N/A DIRECTOR - EX-OFFICIO 1.0
Director
$0 $0 $0
N/A DIRECTOR - EX-OFFICIO 1.0
Director
$0 $0 $0
N/A DIRECTOR - EX-OFFICIO 1.0
Director
$0 $0 $0
N/A DIRECTOR - EX-OFFICIO 1.0
Director
$0 $0 $0
N/A DIRECTOR - EX-OFFICIO 1.0
Director
$0 $0 $0
N/A AT-LARGE MEMBER 1.0
Director
$0 $0 $0
N/A DIRECTOR - EX-OFFICIO 1.0
Director
$0 $0 $0
N/A DIRECTOR - EX-OFFICIO 1.0
Director
$0 $0 $0
N/A DIRECTOR - EX-OFFICIO 1.0
Director
$0 $0 $0
N/A EMERITUS DIRECTOR 1.0
Director
$0 $0 $0
N/A AT-LARGE MEMBER 1.0
Director
$0 $0 $0
N/A DIRECTOR - EX-OFFICIO 1.0
Director
$0 $0 $0
N/A DIRECTOR - EX-OFFICIO 1.0
Director
$0 $0 $0
N/A DIRECTOR - EX-OFFICIO 1.0
Director
$0 $0 $0
N/A DIRECTOR - EX-OFFICIO 1.0
Director
$0 $0 $0
N/A DIRECTOR - EX-OFFICIO 1.0
Director
$0 $0 $0
N/A CHIEF FINANCIAL OFFICER 5.0
Officer
$16,328 $4,384 $23,593
N/A PRESIDENT 31.0
Officer
$299,438 $45,965 $420,263
N/A EXEC. VP OF ECON. DEV. 40.0
Highest
$177,575 $35,262 $212,837
N/A VICE PRESIDENT - INVESTOR RELATIONS 40.0
Highest
$123,320 $10,173 $133,493
N/A EXECUTIVE VP OF STRATEGIC COMMUNICATIONS 32.0
Highest
$110,955 $30,641 $169,335
N/A EXECUTIVE VP OF OPERATIONS 40.0
Highest
$163,421 $34,071 $197,492
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $3,308,760 $4,226,033 $898,160 $-917,273
2022 $3,535,389 $3,413,990 $1,919,500 $121,399
2021 $3,323,648 $3,157,337 $1,357,679 $166,311
2020 $2,662,833 $2,498,569 $1,171,804 $164,264
2019 $2,857,990 $2,763,184 $1,123,193 $94,806
2018 $2,418,290 $2,555,355 $984,663 $-137,065
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