EIN 82-2094253

Start Up Waco

IRS 501(c) type
501(c)(3)
Num. employees
8
City
State
Year formed
2017
Most recent tax filings
2023-12-01
Description
Start Up Waco empowers entrepreneurs, builds the ecosystem of central Texas and provides programs for student advisory and athlete development.
Also known as...
Waco Entrepreneurial Ecosystem Collaborative
Total revenues
$8,193,520
2023
Total expenses
$2,933,515
2023
Total assets
$5,735,425
2023
Num. employees
8
2023

Program areas at Start Up Waco

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.
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.
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.

Who funds Start Up Waco

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
American Endowment FoundationGeneral Operating Support$400,000
Waco FoundationOperating Support$149,834
Paul and Jane Meyer Family FoundationOperations$100,000
...and 4 more grants received

Personnel at Start Up Waco

NameTitleCompensation
Jon PassavantChief Executive Officer$149,019
Kailey TownsSenior Director of Operations
Ashley OlivarezMembership and Events Manager

Financials for Start Up Waco

RevenuesFYE 12/2023
Total grants, contributions, etc.$8,098,348
Program services$87,811
Investment income and dividends$7,131
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$230
Total revenues$8,193,520

Form 990s for Start Up Waco

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-11-15990View PDF
2021-122022-11-14990View PDF
2020-122021-11-15990View PDF
2019-122021-04-02990View PDF
...and 1 more Form 990
Data update history
November 20, 2024
Updated personnel
Identified 8 new personnel
October 23, 2024
Received grants
Identified 3 new grant, including a grant for $400,000 from American Endowment Foundation
January 8, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 7, 2024
Updated personnel
Identified 1 new personnel
December 23, 2023
Received grants
Identified 3 new grant, including a grant for $200,000 from Waco Foundation
Nonprofit Types
Business and community development organizationsSchoolsCharities
Issues
EducationEconomic developmentBusiness and industry
Characteristics
State / local levelCommunity engagement / volunteeringGala fundraisersTax deductible donationsAccepts online donations
General information
Address
605 Austin Ave
Waco, TX 76701
Metro area
Waco, TX
County
McLennan County, TX
Website URL
startupwaco.com/ 
Phone
(254) 304-9179
IRS details
EIN
82-2094253
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2017
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
6116: Other Schools and Instruction
Parent/child status
Independent
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