WACO ENTREPRENEURIAL ECOSYSTEM COLLABORATIVE INC (EIN 822094253) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2017

Legal Domicile

Principal Officer

JEREMY VICKERS

Phone

2543049179

Tax Period

2023-01-01 to 2023-12-31

WACO ENTREPRENEURIAL ECOSYSTEM COLLABORATIVE INC, founded in 2017, is a community nonprofit in the Community Improvement sector that reported $8.2M in total revenue in fiscal year 2023. Revenue surged 515% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5.3M, a strong 64% operating margin.

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.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $8,098,348

Program Service Revenue $87,811

Investment Income $7,131

Other Revenue $230

TOTAL REVENUE $8,193,520

Expense Breakdown

Grants Paid $5,000

Salaries & Benefits $372,576

Fundraising Expenses $0

Program Expenses $2,495,746

Other Expenses $2,555,939

TOTAL EXPENSES $2,933,515

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,193,520	$1,333,284	+5.1%
Expenses	$2,933,515	$1,403,888	+1.1%
Net Income	$5,260,005	$-70,604	-75.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

185

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ASHLEY ALLISON	DIRECTOR	1.00	Director	$0	$0	$0
MARK REYNOLDS	DIRECTOR	1.00	Director	$0	$0	$0
ANDREA BAREFIELD	SECRETARY	1.00	Officer Director	$0	$0	$0
KRIS COLLINS	TREASURER	1.00	Officer Director	$0	$0	$0
SHERMAN AYRES	DIRECTOR	1.00	Director	$0	$0	$0
WELDON RATLIFF	DIRECTOR	1.00	Director	$0	$0	$0
ALFRED SOLANO	DIRECTOR	1.00	Director	$0	$0	$0
LADAINIAN TOMLINSON	DIRECTOR	1.00	Director	$0	$0	$0
JEREMY VICKERS	VICE CHAIR	1.00	Officer Director	$0	$0	$0
SARAH ROBERTS	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
LEAH JACKSON-TEAGUE	DIRECTOR	1.00	Director	$0	$0	$0
CATHERINE BALLAS	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS DELEENHER	DIRECTOR	1.00	Director	$0	$0	$0
TASMIN MCDONALD	DIRECTOR	1.00	Director	$0	$0	$0
DOUG MCNAMEE	DIRECTOR	1.00	Director	$0	$0	$0
JON PASSAVANT	CEO	40.00	Highest	$149,019	$23,724	$172,743

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	$8,193,520	$2,933,515	$5,735,425	$5,260,005
2022	$1,333,284	$1,403,888	$701,978	$-70,604
2021	$490,257	$533,830	$706,224	$-43,573
2020	$315,694	$436,329	$737,846	$-120,635
2019	$353,841	$323,019	$774,551	$30,822
2018	$743,729	No data	$743,729	No data

WACO ENTREPRENEURIAL ECOSYSTEM COLLABORATIVE INC