Wiba Impact Foundation
Nonprofit profile at a glance
- EIN
- 331740710
- IRS 990-EZ coverage
- 2024–2025
- Forms available
- Form 990-EZ 2025
- Location
- Wichita, KS, USA
- Phone
- 3162013264
- Rating
- 50
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Economic Development
Reported finances
- Revenue
- $34,500
- Expenses
- $11,675
- Assets
- $22,825
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
People named in this filing
- RICHARD L MORROW (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Wiba impact provides funding to educate small business owners, startups and entrepreneurs on the fundamentals of business needed to grow, scale and achieve higher levels of success. Wiba impact also provides scholarships for nonprofits, startup businesses and other businesses with financial challenges to be used to join wiba and utilize all of the resources available to them. Available funding is utilized to launch a hands-on mentorship program for a business incubator ecosystem to identify, develop and grow businesses. These businesses will are housed within the wiba office space.
What it reported doing in 2025
Wiba impact provides funding to educate small business owners, startups and entrepreneurs on the fundamentals of business needed to grow, scale and achieve higher levels of success.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 26
- Transparency & Controls: 82
- Sustainability: 70
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 15%; rating input score 15
- Program expense ratio: 44.3%; rating input score 44
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 66.2%; rating input score 94; 94th percentile among comparable filings
- Total-asset coverage ratio: 1.96; rating input score 65; 65th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: 200% per year; rating input score 100; 100th percentile among comparable filings
Details
- Where the money goes: 15% of revenue deployed · 44.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $5K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2024 to 2025
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 15/100.
- Moderate — Financial Efficiency: Program expense ratio scored 44/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.