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        <ExplanationTxt>Window Preservation Standards Collaborative (WPSC) is an IRS-recognized 501(c)(3) public charity, classified as a public charity under IRC 170(b)(1) (A)(vi), with exemption effective September 10, 2024. Calendar year 2025 was WPSC's first operational year following recognition in 2024. WPSC operates on a biennial Summit model, with its primary educational program held every two years. The Window Preservation Summit took place in October 2025. The 2025 Summit was administered and financially managed through the Window Preservation Alliance (WPA), a separate nonprofit organization and collaborative partner. Summit-related receipts (including registrations, donations, and auction/onsite activity) were collected and disbursed through WPA accounts and are not reflected as gross receipts of WPSC. WPSC recorded only amounts actually received or expended by WPSC, including net transfers and reimbursements related to collaborative program activity. Accordingly, WPSC reports Summit-related net receipts in "Other revenue" on Part I, Line 8. Periods of minimal monthly activity are consistent with WPSC's startup phase and biennial event-based operating model. Other expenses reported on Part I, Line 16 consist of program and administrative expenses paid directly by WPSC, including supplies, printing, postage/shipping, bank fees, and other operating costs. Professional fees for legal and compliance services are reported separately on Part I, Line 13. WPSC supports education and training related to historic window preservation. During 2025, WPSC participated in and supported the Window Preservation Summit, a biennial educational event held in October 2025. The Summit provides training, professional education, and information exchange related to best practices in historic window preservation. The 2025 Summit was administered and financially managed through the Window Preservation Alliance (WPA), a separate nonprofit organization and collaborative partner. Total Summit expenses were approximately $41,612.80. WPSC reports only expenses paid directly by WPSC and does not report gross Summit revenues or expenses. The Form 990-EZ was reviewed by an officer of the organization prior to filing.</ExplanationTxt>
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