Westpex Inc
Nonprofit profile at a glance
- EIN
- 237084000
- IRS 990-EZ coverage
- 2018–2024
- Forms available
- Form 990 2017, Form 990-EZ 2024
- Location
- San Bruno, CA, USA
- Phone
- 4152903044
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Education N.E.C.
Reported finances
- Revenue
- $162,964
- Expenses
- $165,226
- Assets
- $186,307
- Liabilities
- $1,864
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
People named in this filing
- Behruz Nassre (Chairperson)
- Vacant (Vice Chairperson)
- Nestor Nunez (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote philately as a hobby to the public, propagage philatelic knowledge and research and support similar activities in the United States and other countries
What it reported doing in 2024
Promoted youth education through various youth philatelic activities - no cash exoebduture specificaly activities dobe bt vounteers, incidental expenes not specifically segregated
Operating model
- Revenue model
- Earned-program. 93% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 92% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 100
- Sustainability: 45
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.9%; rating input score 88
- Program expense ratio: 90.5%; rating input score 90
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -1.4%; rating input score 29; 29th percentile among comparable filings
- Total-asset coverage ratio: 1.13; rating input score 63; 63rd percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 42; 42nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 9% per year; rating input score 100; 59th percentile among comparable filings
- Revenue growth: 1.7% per year; rating input score 100; 29th percentile among comparable filings
- Asset growth: -1.9% per year; rating input score 0; 22nd percentile among comparable filings
Details
- Where the money goes: 87.9% of revenue deployed · 90.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $149K in reported program spending
- Leadership: top reported pay $0 · 14 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- 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 — Sustainability: Operating margin scored 29/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 42/100.