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Nonprofiteer
← WESPAC FOUNDATION INC

Form 990 for tax year 2024

Filed by WESPAC FOUNDATION INC.

Totals

Total revenue
$1,265,118
Total expenses
$1,467,716
Contributions and grants received
$1,112,440
Grants paid
$818,968
Program service revenue
$8,725
Investment income
$71,643
Other revenue
$72,310
Total assets, end of year
$1,812,147
Total liabilities, end of year
$985,140
Net assets or fund balances, end of year
$827,007
Program services expenses (Part IX)
$1,207,903
Management and general expenses
$257,837
Fundraising expenses
$1,976
Program service expenses (Part III)
$1,207,903

Program services were 82.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $14,671

  • 1f · All other contributions, gifts and grants

    $1,097,769

  • 1g · Noncash contributions included above

    $957

  • 2a · Program service revenue: MEMBERSHIP DUES

    total $8,725 · related or exempt $8,725

  • 3 · Investment income

    total $58,684 · excluded $58,684

  • 7a · Gross sales of assets other than inventory

    securities $251,790

  • 7b · Less cost or other basis and sales expenses

    securities $238,831

  • 7c · Gain or loss

    securities $12,959

  • 7d · Net gain or loss

    total $12,959 · excluded $12,959

  • 8a · Fundraising events: gross income

    $6,650

  • 8a · Fundraising events: contributions included on line 1c

    $14,671

  • 8b · Fundraising events: direct expenses

    $19,500

  • 8c · Net income from fundraising events

    total -$12,850 · excluded -$12,850

  • 11a · Other revenue: ADMINISTRATIVE FEES

    total $75,266 · related or exempt $75,266

  • 11b · Other revenue: OTHER INCOME

    total $9,894 · related or exempt $9,894

  • 11e · Other revenue, total

    $85,160

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $708,964 · program services $708,964

  • 2 · Grants to domestic individuals

    total $57,000 · program services $57,000

  • 3 · Grants to foreign organizations and individuals

    total $53,004 · program services $53,004

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $63,167 · program services $47,375 · management and general $15,792

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $0

  • 8 · Pension plan contributions

    total $15,500 · program services $11,625 · management and general $3,875

  • 9 · Other employee benefits

    total $4,936 · program services $3,702 · management and general $1,234

  • 10 · Payroll taxes

    total $5,560 · program services $4,170 · management and general $1,390

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $198,630 · program services $8,630 · management and general $190,000

  • 11c · Fees: accounting

    total $24,475 · management and general $24,475

  • 11d · Fees: lobbying

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $119,061 · program services $119,061

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $53,566 · program services $49,827 · management and general $3,448 · fundraising $291

  • 14 · Information technology

    total $5,747 · program services $5,747

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $27,609 · program services $20,707 · management and general $6,902

  • 17 · Travel

    total $7,395 · program services $7,395

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $6,363 · program services $6,363

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $5,809 · management and general $5,809

  • 24a · Other expenses: CONTRIBUTIONS

    total $12,811 · program services $9,801 · management and general $3,010

  • 24b · Other expenses: ADMINISTRATIVE FEES

    total $75,266 · program services $75,266

  • 24c · Other expenses: EVENT EXPENSES

    total $19,974 · program services $18,289 · fundraising $1,685

  • 24e · All other expenses

    total $2,879 · program services $977 · management and general $1,902

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $17,474 · end of year $2,579

  • 2 · Savings and temporary cash investments

    beginning of year $1,493,393 · end of year $948,921

  • 3 · Pledges and grants receivable

    end of year $30,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $90,662 · end of year $1,354

  • 11 · Investments: publicly traded securities

    beginning of year $376,247 · end of year $786,925

  • 15 · Other assets

    beginning of year $64,915 · end of year $42,368

  • 17 · Accounts payable and accrued expenses

    beginning of year $9,147 · end of year $23,644

  • 25 · Other liabilities

    beginning of year $1,105,022 · end of year $961,496

  • 27 · Net assets without donor restrictions

    beginning of year $838,522 · end of year $797,007

  • 28 · Net assets with donor restrictions

    beginning of year $90,000 · end of year $30,000

Mission and programs · 2024

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.

Activities or mission (Part I)

PROVIDE A MEETING SPACE ALONG WITH MATERIAL,ORGANIZATIONAL MORAL SUPPORT FOR GROUPS INDIVIDUALS TO ORGANIZE, EDUCATE WORK TOWARD PEACE, JUSTICE A SUSTAINABLE ENVIRONMENT FOR THE PLANET FOR ALL PEOPLE.

  • 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.

    Expenses $119,596 · Revenue $8,725

  • WESPAC FOUNDATION, IN ACCORDANCE WITH ITS COMMITMENT TO PROVIDE 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, HAS ACCEPTED CUSTODIAL RESPONSIBILITY FOR FUNDS GRANTED TO VARIOUS ORGANIZATIONS AND PROJECTS.

    Expenses $1,088,307 · Grants $761,968 · Revenue $75,266

As filed on the 2024 return.

Listed in Part VII

  • NADA KHADER

    EXECUTIVE DIRECTOR

    Total calculated
    $68,000
    From this org
    $62,500
    From related orgs
    $0
    Other
    $5,500
    Hours/week
    40
  • HOWARD HOROWITZ

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1.25
  • LAETITITA BERRIER SAARBACH

    TREASURER

    Total calculated
    $0
    Hours/week
    1.25
  • GAYLE DUNKELBERGER

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1.25

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2024
Filed
13 July 2026
IRS schema version
2024v5.2
Source object
202621969349302667

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