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Verbum Spei Inc

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

EIN: 834572856 ✦ Wilder, ID ✦ Designated as a 501(c)(3)

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Overview

What is Verbum Spei Inc?

Verbum Spei Inc is a nonprofit organization, firmly established in Boise, Idaho, with an address at 804 N 9th Street, ZIP code 83702. Their primary focus is centered on religious, charitable, or educational pursuits, as stated in their corporate purpose. While specific details about their activities and missions are not provided in the information, it is clear that Verbum Spei Inc contributes to these noble causes, aligning with their exclusive purpose.

Is Verbum Spei Inc legitimate?

Verbum Spei Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Verbum Spei Inc 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 Verbum Spei Inc?

Verbum Spei Inc's mission is solely focused on religious, charitable, or educational pursuits. The corporation's purpose is to contribute positively in these domains, promoting values and knowledge that align with these spheres. While specific details about the nature of these activities are not provided, it can be inferred that Verbum Spei Inc is committed to making a positive impact in these areas.

What is the revenue of Verbum Spei Inc?

Verbum Spei Inc's revenue in 2024 was $422,191.

Who are the executives of Verbum Spei Inc and what are their salaries?

Here are 2 key members and their salaries:


Roger Batt (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dominic Faure (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Verbum Spei Inc?

Verbum Spei Inc's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Verbum Spei Inc

Verbum Spei Inc, a nonprofit organization, is dedicated to serving a distinct purpose that is exclusively religious, charitable, or educational. The corporation's mission is centered around these three key areas, aiming to contribute positively to society in one or more of these sectors. The specific activities and initiatives undertaken by Verbum Spei Inc fall under this broad umbrella, aiming to make a difference in the lives of those they serve. The organization's work is rooted in its commitment to these three core areas, ensuring that its efforts align with its religious, charitable, or educational objectives.

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Impact




October, 2024

Verbum Spei Inc significantly contributes to its community through initiatives focused on religious, charitable, and educational efforts. Its activities foster spiritual growth and provide essential support, addressing both the emotional and material needs of individuals and families in Boise, Idaho. By emphasizing a mission rooted in compassion and service, Verbum Spei Inc plays a crucial role in uplifting those in need, promoting community engagement, and enhancing overall well-being. Its commitment to religious and educational causes helps to build a more informed and supportive community, encouraging volunteerism and collaboration among local residents. Overall, the impact of Verbum Spei Inc extends far beyond its immediate activities, creating lasting change and fostering a spirit of generosity and hope within the community.




This information is meant to be a general summary of Verbum Spei Inc. 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
$422,191 (2024)
Expenses
$224,691 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $20,205
  • Gross Receipts: $422,191

Assets and Liabilities:

  • Total Assets: $462,807
  • Total Liabilities: $0
  • Net Assets: $462,807

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Organization Details

Founding Year

2020

Principal Officer

Roger Batt

NTEE Category

Code: X22 - Religion related

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