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The Speranza Foundation

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

EIN: 201833020 ✦ Mesa, AZ ✦ Designated as a 501(c)(3)

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Overview

What is The Speranza Foundation?

The Speranza Foundation is a nonprofit organization situated in Mesa, Arizona, with an address at 1223 S Clearview Ave 103. Its primary mission is to support and benefit various religious, educational, and charitable organizations, primarily through grant funding. This mission aligns with and complements the Church of Jesus Christ of Latter-day Saints, as the foundation also provides assistance to this church in response to identified needs. The organization's activities are geared towards advancing the causes of the churches and affiliated organizations it supports, contributing to their overall objectives and missions.

Is The Speranza Foundation legitimate?

The Speranza Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Speranza 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The Speranza Foundation?

The Speranza Foundation's primary purpose is to extend support, primarily through grants, to various organizations. Among these are the Church of Jesus Christ of Latter-day Saints (often referred to as "The Church"), its affiliated charitable, religious, and educational organizations, and other religious, educational, and charitable organizations whose objectives align with or complement those of The Church. The foundation's mission is to contribute to the betterment of these organizations, thereby supporting their missions.

Who is the CEO of The Speranza Foundation?

Broc C Hiatt is the Trustee of The Speranza Foundation.

What is the revenue of The Speranza Foundation?

The Speranza Foundation's revenue in 2022 was $358,392.

Who are the executives of The Speranza Foundation and what are their salaries?

There 5 volunteers at The Speranza Foundation.


Here are 4 key members and their salaries:


Craig D Cardon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Broc C Hiatt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenn Mckay (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale R Jones (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Speranza Foundation?

The Speranza Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Speranza Foundation

The Speranza Foundation, named after its Italian origin meaning 'hope,' is primarily dedicated to supporting and benefiting various organizations. Its primary purpose is to extend aid, predominantly through grants, to three main entities: The Church of Jesus Christ of Latter-day Saints (often referred to as 'The Church'), its affiliated charitable, religious, and educational organizations, and other religious, educational, and charitable organizations whose objectives align with or supplement those of The Church. This support aims to foster growth and development in these organizations, contributing to their overall missions and goals.

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Impact




October, 2024

The Speranza Foundation has made a significant impact by providing vital support to the Church of Jesus Christ of Latter-day Saints and its affiliated organizations. This support is primarily delivered through grants aimed at addressing specific needs identified by the Church. By channeling resources to various religious, educational, and charitable initiatives, the foundation fosters the growth and sustainability of programs that align with the Church's mission.

Based in Mesa, Arizona, The Speranza Foundation actively contributes to the broader community by enhancing the Church's ability to serve its members and the public. Its efforts not only facilitate religious education but also promote charitable activities that resonate with the values of the Church, ultimately enriching the lives of individuals and families in the community. Through this strategic alignment, The Speranza Foundation plays a crucial role in strengthening the Church's outreach and impact.




This information is meant to be a general summary of The Speranza 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
$358,392 (2022)
Expenses
$1,797,408 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $358,392
  • Gross Receipts: $358,423

Assets and Liabilities:

  • Total Assets: $3,679,444
  • Total Liabilities: $0
  • Net Assets: $3,679,444

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Organization Details

Founding Year

2004

Principal Officer

Broc C Hiatt

Main Address

1223 S CLEARVIEW AVE 103, MESA, AZ, 85209

NTEE Category

Code: X11 - Religion related

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