Overview
What is Wichita Technology Corporation?
Wichita Technology Corporation is a nonprofit organization situated in Wichita, Kansas, specifically at 245 N WACO 230A. Their primary objective is to foster and sustain a network that encourages technological advancement, transfer, and commercialization within Kansas. They leverage both public and private resources to maintain and facilitate business formation and growth. The organization's mission involves promoting and expanding an innovation network, providing access to capital, entrepreneurial education, and business assistance services. Furthermore, they support technology transfer and commercialization, aiming to boost development activities in the region.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
Wichita Technology Corporation has earned a rating of 80%, signifying a strong performance in accountability and finance. The organization boasts a fully independent board, with 100% of its members meeting this criterion. Additionally, they have shown no material diversion of assets and maintain a solid conflict of interest policy, further enhancing their credibility.
The financial health of the organization is noteworthy, with a liabilities to assets ratio of just 0.16%, indicating good financial stability. Remarkably, they also have a program expense ratio of 100%, showing that all their funds are directed towards their programs, which is a testament to their mission-driven approach.
While Wichita Technology Corporation shows impressive strengths, no specific limitations have been noted in the data provided. Overall, their transparent governance and financial practices reflect a commitment to responsible management and effective service delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Wichita Technology Corporation legitimate?
Wichita Technology Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wichita Technology Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $76,126
For more financial information, click here
What is the mission statement of Wichita Technology Corporation?
Wichita Technology Corporation's mission is to foster and expand an innovation network, facilitating access to capital and providing entrepreneurial education and business assistance services. This organization also supports technology transfer and commercialization. By leveraging both public and private resources, Wichita Technology Corporation aims to maintain and facilitate business formation and growth, enhance development activity, and offer business assistance. In essence, its goal is to sustain technological advancement in transfer and commercialization.
Who is the CEO of Wichita Technology Corporation?
Patricia Brasted is the Director of Wichita Technology Corporation.
What is the revenue of Wichita Technology Corporation?
Wichita Technology Corporation's revenue in 2022 was -$20,761.
Who are the executives of Wichita Technology Corporation and what are their salaries?
Here are 12 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Wichita Technology Corporation?
Wichita Technology Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Wichita Technology Corporation
Wichita Technology Corporation, a pivotal organization, is dedicated to promoting and expanding an innovation network. This network serves to facilitate access to capital, provide entrepreneurial education, and offer business assistance services. Additionally, the corporation supports technology transfer and commercialization. By leveraging both public and private resources, Wichita Technology Corporation aims to maintain and facilitate business formation and growth. The corporation's mission is to enhance development activity and provide business assistance, ultimately fostering advancements in technology transfer and commercialization.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Wichita Technology Corporation plays a pivotal role in bolstering innovation and entrepreneurship in Kansas. By creating, promoting, and expanding a robust innovation network, the organization facilitates access to vital capital for emerging businesses. It offers comprehensive entrepreneurial education and business assistance services, addressing the critical needs of local startups and established companies alike.
The Corporation is actively involved in technology transfer and commercialization, ensuring that innovative ideas and research translate into viable business opportunities. By leveraging both public and private resources, it sustains a formal network that not only supports business formation and growth but also enhances overall economic development within the region.
Its efforts significantly impact the community by fostering an environment ripe for technological advancement, driving economic growth, and encouraging collaboration among entrepreneurs, investors, and institutions. This focus on creating and sustaining an ecosystem for business innovation ultimately contributes to a stronger, more resilient local economy in Wichita and beyond.
This information is meant to be a general summary of Wichita Technology Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$1,901
Assets and Liabilities:
- Total Assets: $2,199,966
- Total Liabilities: $3,742
- Net Assets: $2,196,224
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1994
Phone
(316) 651-5900Principal Officer
Patricia Brasted
Main Address
245 N WACO 230A, WICHITA, KS, 67202
NTEE Category
Code: S43P - Community improvement
If you are a representative of Wichita Technology Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.