Wespac Foundation Inc
Nonprofit profile at a glance
- EIN
- 133109400
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- White Plains, NY, USA
- Phone
- 9144496514
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $1,265,118
- Expenses
- $1,467,716
- Assets
- $1,812,147
- Liabilities
- $985,140
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- NADA KHADER (EXECUTIVE DIRECTOR)
Highest reported compensation
- NADA KHADER (EXECUTIVE DIRECTOR): $68,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Wespac foundation is a not-for-profit organization dedicated to providing a meeting space along with material, organizational and moral support for groups and individuals to organize, educate and work toward peace, justice and a sustainable environment for the planet and for all people.
What it reported doing in 2024
Wespac foundation has been a leading force for progressive social change in westchester county, New York, since 1981. Wespac foundation have been educating, agitating and organizing for a more just and peaceful world, an end to militarism and racism and a more fair economy that works for all. Their members are currently involved with criminal justice reform and police accountability, food justice work, fair housing, climate justice and safe renewable energy, immigration protection, solidarity with indigenous peoples, an end to militarism and drone warfare, and the struggle for justice, equal rights and human dignity for all inhabitants of israel / palestine.
Operating model
- Revenue model
- Donor-supported. 89% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 68% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 92
- Transparency & Controls: 77
- Accountability: 95
- Sustainability: 28
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 96.6%; rating input score 97
- Program expense ratio: 82.3%; rating input score 82
- Fundraising efficiency: $562.98 raised per $1 spent on fundraising; rating input score 96; 96th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: 1 of 8 controls in place; rating input score 12
- Claims monitoring procedures: Pass
- Requires narrative reports: Fail
- Conducts field audits: Fail
- May suspend future funding: Fail
- Requires financial reports: Fail
- Conducts site visits: Fail
- Requires grant agreements: Fail
- May require repayment: Fail
- Grant itemization coverage: 99.9%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -16%; rating input score 12; 12th percentile among comparable filings
- Total-asset coverage ratio: 1.23; rating input score 50; 50th percentile among comparable filings
- Liabilities to assets ratio: 0.54; rating input score 14; 14th percentile among comparable filings
- Officer compensation ratio: 4.6%; rating input score 54; 54th percentile among comparable filings
Growth
- Program expense growth: 21.5% per year; rating input score 100; 84th percentile among comparable filings
- Revenue growth: 16.3% per year; rating input score 100; 81st percentile among comparable filings
- Asset growth: 15.3% per year; rating input score 100; 73rd percentile among comparable filings
Details
- Where the money goes: 96.6% of revenue deployed · 82.3% of spending went to programs
- Governance: 3 of 3 board members independent · 7 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $1.2M in reported program spending
- Leadership: top reported pay $68K · 4 people listed
- Consistency: 37 of 37 current checks pass
- Schedules: 7 filed schedules · includes major donors, foreign activity, and grants
- Filing history: 14 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: 3 filed related-organization links
- 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 — Transparency & Controls: Foreign activity oversight: 7 of 8 not reported.
- High — Sustainability: Operating margin scored 12/100.
- Review — Accountability: Governance controls: Document-retention policy not reported.
- Review — Sustainability: Total-asset coverage ratio scored 50/100.
- High — Sustainability: Liabilities to assets ratio scored 14/100.
- Review — Sustainability: Officer compensation ratio scored 54/100.