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Wex Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010932048 ✦ San antonio, TX ✦ Designated as a 501(c)(3)

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Overview

What is Wex Foundation?

The Wex Foundation, located in San Antonio, Texas, is a nonprofit organization dedicated to enhancing STEM (Science, Technology, Engineering, and Mathematics) education for middle and high school students. With a team of seven dedicated individuals, they strive to advance learning in these subjects by providing relevant programs. Over 15,000 students have benefited from these initiatives, demonstrating the organization's significant impact on the local community. The Wex Foundation's mission is to improve STEM learning in schools, contributing to a more informed and technically skilled future generation.


Official website here: www.wexfoundation.org

Is Wex Foundation legitimate?

Wex Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wex Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $20,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $20,253

For more financial information, click here


Official website here: www.wexfoundation.org

What is the mission statement of Wex Foundation?

The Wex Foundation's mission is centered around enhancing STEM (Science, Technology, Engineering, and Mathematics) education for students in middle and high schools. The organization is dedicated to this cause, aiming to make a significant impact in this area. Through its efforts, the Wex Foundation has reached out to over 15,000 individuals, providing them with STEM learning programs.


Official website here: www.wexfoundation.org

What is the revenue of Wex Foundation?

Wex Foundation's revenue in 2023 was $223,397.


Official website here: www.wexfoundation.org

Who are the executives of Wex Foundation and what are their salaries?

The average compensation at Wex Foundation during 2023 was $20,126. There are 2 employees and 3 volunteers at Wex Foundation.

Here are 5 key members and their salaries:


Louise Cantwell (Executive Directorsecretary)
  • Compensation: $20,000
  • Related: $0
  • Other: $0
Donald Hooper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tai Sik Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cerina Zamora (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Ximenes (Presidenttreasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wexfoundation.org

Where can I find the form 990 for Wex Foundation?

Wex Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.wexfoundation.org

Learn more at the official website: www.wexfoundation.org

Mission Statement of Wex Foundation

The Wex Foundation, in its mission, is committed to enhancing the learning experience in the fields of Science, Technology, Engineering, and Mathematics (STEM) for middle and high school students. By focusing on this critical age group, the organization aims to foster a generation equipped with the necessary skills to excel in these fields. Through their initiatives, they have successfully reached out to 15,000 individuals, making a significant impact on STEM education.

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Impact




October, 2024

The Wex Foundation significantly impacts STEM education for middle and high school students. By providing comprehensive programs focused on enhancing STEM learning, the organization has positively influenced the lives of 15,000 individuals in San Antonio, TX. Its initiatives foster critical thinking and problem-solving skills, helping students engage more deeply with science, technology, engineering, and mathematics. Through these efforts, the Wex Foundation plays a crucial role in preparing the next generation for careers in STEM fields, ultimately contributing to a more skilled and informed workforce.




This information is meant to be a general summary of Wex Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$223,397 (2023)
Expenses
$161,267 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $223,397

Assets and Liabilities:

  • Total Assets: $153,405
  • Total Liabilities: $36,037
  • Net Assets: $117,368

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Organization Details

Founding Year

2012

Principal Officer

Sam Ximenes

NTEE Category

Code: B82 - Education

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