GOLD2021

Workshop in Business Opportunities, Inc.

WIBO WORKS!

aka WIBO   |   New York, NY   |  https://wibo.works/

Mission

WIBO's mission is to enable small business owners and budding entrepreneurs in under-served communities to obtain financial success by starting, operating, and building sustainable businesses that develop economic power, provide jobs and improve communities.

Ruling year info

1968

Chief Executive Officer

Mr. Stephen Jackson

Main address

105 West 125th St #1077

New York, NY 10027 USA

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EIN

13-2635819

NTEE code info

Business and Industry (S40)

Management & Technical Assistance (J02)

Management & Technical Assistance (B02)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Sign in or create an account to view Form(s) 990 for 2020, 2019 and 2019.
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Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Social exclusion, poverty, and substantial levels of inequalities for Individuals in society that may not have equal access to economic opportunities (e.g.: employment), or resources. These problems prevent individuals from contributing to the economic and social life of their communities and results in underutilized resources for economic activities.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

How to Build a Growing and Profitable Business

WIBO conducts workshops in fall and spring of each year in seven locations: Midtown (two sessions), Harlem, downtown Brooklyn, central Brooklyn, the South Bronx, and St. Albans, Queens. At each of these locations, we offer two 16-week terms annually, for a total of 256 class sessions, serving approximately 500 participants annually. We also provide follow-up services to graduates after completion of the workshop.

Population(s) Served
Adults
Economically disadvantaged people

16-week workshop, "How to Build a Growing Profitable Business"

Population(s) Served
Economically disadvantaged people
Unemployed people

We teach entrepreneurial skills to formerly incarcerated individuals with a focus on them starting a sustainable business.

Population(s) Served
Incarcerated people

Connect with Success Business Seminars/online directory

Population(s) Served
Adults

Business Advisory/Networking/Outreach

Population(s) Served
Economically disadvantaged people
Unemployed people

Where we work

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

WIBO’s goal is to create balanced and sustainable economic growth, jobs, a positive sense of ‘place’ and improved quality of life in the communities:

1) Provide an alternate route to gainful employment for economically disadvantaged individuals through the establishment of
sustainable businesses as a highly relevant source of income for families with low socioeconomic status.

2) Spur economic growth and enhance social inclusion, particularly among women entrepreneurs.

3) Reduce recidivism and help change an individual’s position in society and create positive role models.
.

WIBO enacts socio-economic strategies designed to advance small business and economic development interests in disadvantaged communities; The organization adopts a grassroots approach to the under-served population via strategic community partnership with state & federal agencies, and community stakeholders as well as increasing awareness through ongoing PR, social media, and community
involvement.

Strong leadership, for over 50 years, WIBO’s signature 16-week curriculum is delivered using best practices in adult participatory learning, tailored to the needs of start-up entrepreneurs with limited educational backgrounds. Taught by volunteer business professionals and experienced entrepreneurs, WIBO provides hands-on training in the basic concepts, tools, and skills needed to plan for and run a successful business. Students comment on their experience in WIBO as one that equipped them with heightened skills, networking opportunities, confidence, and an appreciation for their community.

WIBO has received many recognitions for the outstanding opportunities the program provides. Our economic growth organizations have all identified the WIBO program as a positive, impactful program that addresses a need in their communities.

As of 2018, WIBO has graduated more than 18,000 people that have created more than 34,000 jobs across the country. The WIBO 16-week workshop is taught by our Affiliates in 4 other U.S. cities.

WIBO provides additional resources, connection opportunities, and unique learning experiences to our alumni. We have a vibrant alumni community that continues to carry the values of the WIBO program with them as they venture forward.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We demonstrated a willingness to learn more by reviewing resources about feedback practice.
done We shared information about our current feedback practices.
  • How is your organization collecting feedback from the people you serve?

    Electronic surveys (by email, tablet, etc.), Paper surveys, Focus groups or interviews (by phone or in person), Community meetings/Town halls, Constituent (client or resident, etc.) advisory committees,

  • How is your organization using feedback from the people you serve?

    To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve,

  • What significant change resulted from feedback?

    We are implementing additional training for our volunteers as a few volunteers were practicing habits that were counterproductive to how we facilitate our workshops.

  • With whom is the organization sharing feedback?

    The people we serve, Our staff, Our board, Our funders, Our community partners,

  • Which of the following feedback practices does your organization routinely carry out?

  • What challenges does the organization face when collecting feedback?

    It is difficult to get the people we serve to respond to requests for feedback, We don’t have the right technology to collect and aggregate feedback efficiently, It is hard to come up with good questions to ask people,

Financials

Workshop in Business Opportunities, Inc.
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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lock

Connect with nonprofit leaders

Subscribe

Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

Workshop in Business Opportunities, Inc.

Board of directors
as of 12/03/2021
SOURCE: Self-reported by organization
Board co-chair

Mike Blumenfeld

Myron L. Blumenfeld & Associates

Term: 2014 - 2020


Board co-chair

Dan Hoffman

M5 Networks

Term: 2014 - 2020

Mike Blumenfeld

Myron L. Blumenfeld & Associates

Dan Hoffman

M5 Networks

Andy Dillow

The Intern Group

Tatiana Nikitini

Organizational demographics

SOURCE: Self-reported; last updated 8/4/2020

Who works and leads organizations that serve our diverse communities? GuideStar partnered on this section with CHANGE Philanthropy and Equity in the Center.

Leadership

The organization's leader identifies as:

Race & ethnicity
Black/African American/African
Gender identity
Male, Not transgender (cisgender)
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

No data

Gender identity

No data

 

No data

Sexual orientation

No data

Disability

No data

Equity strategies

Last updated: 02/04/2020

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We review compensation data across the organization (and by staff levels) to identify disparities by race.
  • We ask team members to identify racial disparities in their programs and / or portfolios.
  • We analyze disaggregated data and root causes of race disparities that impact the organization's programs, portfolios, and the populations served.
  • We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
  • We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
  • We disaggregate data by demographics, including race, in every policy and program measured.
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We use a vetting process to identify vendors and partners that share our commitment to race equity.
  • We have a promotion process that anticipates and mitigates implicit and explicit biases about people of color serving in leadership positions.
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
  • We measure and then disaggregate job satisfaction and retention data by race, function, level, and/or team.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.