British North America Philatelic Society Ltd
Public records show a registered, tax-exempt organization in good standing.
What it says it does
The British North America Philatelic Society LTD.'s (BNAPS) mission is to stimulate and foster public interest in the significance of stamps and postal history in the Americas. Its mission is accomplished by providing timely and interesting facts and history through periodic publications reflecting research undertaken by its members and others, group discussions and promoting and atmosphere of comradeship among its members, and interacting with other philatelic groups and the general public.
- Income
- $124,722
- Spending
- $69,559
- Spent on programs
- 75%
- Reserves
- Over 10 years of spending
- Largest source of income
- investment income, 73%
- Employees
- 0
- Volunteers
- 50
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100.
Reserves
35 of 35Spendable reserves would cover more than ten years of spending.
Debt
20 of 20It owes 2% of what it owns.
Living within its means
15 of 15Income exceeded spending by 44% of income.
Income trend
15 of 15Income rose 16% on the year before.
Spending floor
15 of 1575% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 59 out of 100.
Independent board
25 of 2517 of 17 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $36,499 spent. Quarterly publication: BNAPS provides its members its award winning periodic publication journal "BNA Topics" which brings its readers excellent articles on a variety of philatelic subjects. BNAPS also encourages the publication of books on specialized BNA Philatelic subjects and exhibits through its publications committee.
- $857 spent. BNAPS promotes various group activities, including a youth program conducted by member volunteers, to afford members the opportunity to discuss and share similar interests. Each of the various groups exchange opinions, ask questions, and report its findings for all members to enjoy. The study groups continue to do excellent work. The breadth of the subjects covered and the quality of the research being accomplished by the groups is impressive. Several groups offer electronic distribution of their newsletters thereby reducing printing and mailing costs and providing increased use of color illustrations.
- $14,662 spent. The British North America Philatelic Society LTD.'s (BNAPS) mission is to stimulate and foster public interest in the significance of stamps and postal history in the Americas. Its mission is accomplished by providing timely and interesting facts and history through periodic publications reflecting research undertaken by its members and others, group discussions and promoting an atmosphere of comradeship among its members, and interacting with other philatelic groups and the general public.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 1987.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.