Nonprofit · EIN 01-0932048
WEX FOUNDATION
Tax-exempt (reinstated) · SAN ANTONIO, TX 78232
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $455,757 | $311,587 | $144,170 | $262,606 | $80,037 | $182,569 |
| December 31, 2023 | 990 | $223,397 | $161,267 | $62,130 | $215,331 | $35,834 | $179,497 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $441,489
- of which government grants
- $399,894
- Program service revenue
- $14,268
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $24,000
- Other salaries and wages
- $136,148
- Salaries, compensation and benefits (total)
- $165,255
- Professional fundraising fees
- $0
- Legal fees
- $4,360
- Accounting fees
- $1,150
- Occupancy
- $48,485
- Travel
- $7,938
- Program services (functional)
- $279,630
- Management and general (functional)
- $31,957
Balance sheet and other
- Total assets, start of year
- $215,331
- Total assets, end of year
- $262,606
- Total liabilities, end of year
- $80,037
- Net assets, end of year
- $182,569
- Net assets without donor restrictions
- $182,569
- Gross receipts
- $455,757
- Employees
- 3
- Year formed
- 2012
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LOUISE CANTWELL | EXECUTIVE DIRECTORSECRETARY Trustee or director, Officer | 20 | $24,000 |
| SAM XIMENES | PRESIDENTTREASURER Trustee or director, Officer | 20 | $0 |
| CERINA ZAMORA | DIRECTOR Trustee or director | 8 | $0 |
| DONALD HOOPER | DIRECTOR Trustee or director | 8 | $0 |
| TAI SIK LEE | DIRECTOR Trustee or director | 8 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LOUISE CANTWELL | EXECUTIVE DIRECTORSECRETARY Trustee or director, Officer | 20 | $20,000 |
| DONALD HOOPER | DIRECTOR Trustee or director | 8 | $0 |
| TAI SIK LEE | DIRECTOR Trustee or director | 8 | $0 |
| CERINA ZAMORA | DIRECTOR Trustee or director | 8 | $0 |
| SAM XIMENES | PRESIDENTTREASURER Trustee or director, Officer | 20 | $0 |
Address and contacts
- Address (IRS master file)
- 232 CANADA VERDE ST, SAN ANTONIO, TX 78232-1141
- In care of
- % SAM XIMENES
- Mailing address (990-N for 2016)
- 232 Canada Verde, San Antonio TX 78232
- Principal officer (990-N for 2016)
- Samuel Ximenes, 232 Canada Verde, San Antonio TX 78232
- Signed the 990
- SAM XIMENES, PRESIDENTTREASURER
- Phone
- (210) 404-2981
- Website
- www.wexfoundation.org
- Return prepared by
- JMS CPAs PLLC
Mission
TO PROMOTE, ENCOURAGE, AND SUPPORT THE COVERGENCE OF STEM EDUCATION IN K-12 CURRICULUM.
Program accomplishments
- PROVIDED STEM BASED PROGRAMS TO UNDERREPRESENTED MINORITIES TO ASSIST AEROSPACE PROFESSIONALS IN SOLVING REAL-WORLD EXPLORATION TECHNOLOGY DEVELOPMENT CHALLENGES.Expenses $279,630
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 01-0932048
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2015
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $262,606
- Income (IRS master file)
- $455,757
Revocation and reinstatement
- Exemption revoked
- May 15, 2012
- Posted by the IRS
- September 1, 2015
- Reinstated
- Effective May 15, 2012
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $251,065 | $260,078 | $153,405 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
| 990-N for 2016 Officer: Samuel Ximenes | December 31, 2016 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about WEX FOUNDATION
- What is the EIN of WEX FOUNDATION?
- The employer identification number (EIN) of WEX FOUNDATION is 01-0932048.
- Is WEX FOUNDATION tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2012 and reinstated it effective May 15, 2012.
- Are donations to WEX FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WEX FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of WEX FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WEX FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of WEX FOUNDATION?
- The 990-N for 2016 names Samuel Ximenes.
- Who are the officers and directors of WEX FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $24,000 (LOUISE CANTWELL, EXECUTIVE DIRECTORSECRETARY).
- How much revenue does WEX FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $455,757, expenses of $311,587 and total assets of $262,606 at year end.
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