Civic Intelligence

The Speranza Foundation

990 • Fiscal year 2018 • EIN 20-1833020

Jan 01, 2018 to Dec 31, 2018 • Filed on Oct 29, 2019

Organization ProfileN/A
1223 S Clearview Ave 103Mesa, AZ 85209

(480) 222-5800

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Net Margin

84th percentile

31%

Higher net margin than 84% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2018

Asset Growth

11th percentile

-12%

Faster asset growth than 11% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

20th percentile

-11%

Faster revenue growth than 20% of similar nonprofits.

2018 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets14th percentile

Assets

Down

$3,478,614

Down $483,190 (-12%) from 2017

Net Assets

Down

$3,478,614

Down $483,109 (-12%) from 2017

Liabilities

Down

$0

Down $81 (-100%) from 2017

Revenue And Expenses
Liabilities / Revenue14th percentileNet Margin84th percentile

Revenue

Down

$798,361

Down $102,116 (-11%) from 2017

Expenses

Up

$549,769

Up $399,386 (+266%) from 2017

Net Income

Down

$248,592

Down $501,502 (-67%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth11th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2011: $32,251Liabilities 2011: $0Net Assets 2011: $32,2512011Assets 2012: $7,267Liabilities 2012: $0Net Assets 2012: $7,2672012Assets 2013: $55,268Liabilities 2013: $0Net Assets 2013: $55,2682013Assets 2014: $308,303Liabilities 2014: $0Net Assets 2014: $308,3032014Assets 2015: $352,991Liabilities 2015: $0Net Assets 2015: $352,9912015Assets 2016: $3,298,075Liabilities 2016: $1,563Net Assets 2016: $3,296,5122016Assets 2017: $3,961,804Liabilities 2017: $81Net Assets 2017: $3,961,7232017Assets 2018: $3,478,614Liabilities 2018: $0Net Assets 2018: $3,478,6142018Assets 2019: $3,686,402Liabilities 2019: $0Net Assets 2019: $3,686,4022019Assets 2020: $3,463,071Liabilities 2020: $0Net Assets 2020: $3,463,0712020Assets 2021: $5,337,179Liabilities 2021: $0Net Assets 2021: $5,337,1792021Assets 2022: $3,679,444Liabilities 2022: $0Net Assets 2022: $3,679,4442022Assets 2023: $3,813,299Liabilities 2023: $11,838Net Assets 2023: $3,801,4612023Assets 2024: $3,846,797Liabilities 2024: $0Net Assets 2024: $3,846,7972024

Highlighted filing

2018

Assets$3,478,614
Liabilities$0
Net Assets$3,478,614
Open 2018 Filing

Operations Trend

Revenue Growth20th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $196,888Expenses 2011: $106,679Net Income 2011: $90,2092011Revenue 2012: $46Expenses 2012: $25,030Net Income 2012: -$24,9842012Revenue 2013: $200,045Expenses 2013: $52,045Net Income 2013: $148,0002013Revenue 2014: $669,976Expenses 2014: $66,073Net Income 2014: $603,9032014Revenue 2015: $188,704Expenses 2015: $144,016Net Income 2015: $44,6882015Revenue 2016: $3,251,419Expenses 2016: $144,299Net Income 2016: $3,107,1202016Revenue 2017: $900,477Expenses 2017: $150,383Net Income 2017: $750,0942017Revenue 2018: $798,361Expenses 2018: $549,769Net Income 2018: $248,5922018Revenue 2019: $1,139,809Expenses 2019: $358,572Net Income 2019: $781,2372019Revenue 2020: $890,350Expenses 2020: $697,338Net Income 2020: $193,0122020Revenue 2021: $4,707,152Expenses 2021: $977,979Net Income 2021: $3,729,1732021Revenue 2022: $358,392Expenses 2022: $1,797,408Net Income 2022: -$1,439,0162022Revenue 2023: $2,863,087Expenses 2023: $1,490,732Net Income 2023: $1,372,3552023Revenue 2024: $3,177,326Expenses 2024: $1,194,110Net Income 2024: $1,983,2162024

Highlighted filing

2018

Revenue$798,361
Expenses$549,769
Net Income$248,592
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Oct 29, 2019
Return Version
2018v3.1
Gross Receipts
$836,660
Mission and Program Overview

Mission

The primary purpose of the organization is to support and benefit, primarily through grants, the church of jesus christ of latter-day saints (here-after "the church"), its affiliated charitable, religious, and educational organizations, and other religious educational and charitable organizations whose purpose and activities are compatible with and/or complementary to the church.

Supported the church of jesus christ of latter-day saints

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$3,961,723$3,478,614▼ $483,109
Land, Buildings, and Equipment, Net$3,770,000$3,000,000▼ $770,000
Investments Program Related$163,649$468,196▲ $304,547
Savings and Temporary Cash Investments$18,664$8,671▼ $9,993
Cash and Non-Interest-Bearing Accounts$8,900$1,747▼ $7,153
Accounts Receivable$591$0▼ $591
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$3,961,804$3,478,614▼ $483,190
Liabilities
Accounts Payable and Accrued Expenses$81$0▼ $81
Total Liabilities$81$0▼ $81
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,961,723$3,478,614▼ $483,109
Total Liabilities and Net Assets / Fund Balance$3,961,804$3,478,614▼ $483,190

Asset Categories

AssetBook ValueDepreciationBasis
Land$3,000,000--
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
Broc C HiattTrustee
Craig D CardonTrustee
Dale R JonesTrustee
Gale J BrimhallTrustee
Glenn MckayTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$781,255
Other Revenue
$17,106
Change in Net Assets
$248,592
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$527,500
Other Expenses$22,269
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$527,500--$527,500
Fees for Services Legal-$9,000-$9,000
Other Expenses-$1,109-$1,109
Fees for Services Accounting-$1,100-$1,100
Fees for Services Management-$784-$784
Insurance-$576-$576
Fees for Services Other-$214-$214
Advertising-$161-$161
Total Functional Expenses$527,500$22,269$0$549,769
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Church of Jesus Christ of Latter Day SaintsSalt Lake City, UT501 (c)3To Assist Organization Fiscally-
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Craig d. Cardon & broc c. Hiatt are partners in a real estate investing business and are cousins.”

Form 990, Part VI, Section A, Line 7A

“The organization does not have members or stockholders, but a representative of the original donor has the opportunity to elect a minority of the governing body; but the supported organization elects the majority of the governing body.”

Form 990, Part VI, Section B, Line 11B

“The foundation will furnish a copy of form 990 to the governing body for their review. Any comments or questions will be addressed prior to filing the form.”

Form 990, Part VI, Section B, Line 12C

“Per the conflicts of interest policy, all trustees are required to disclose any conflicts in connection with any transactions approved by the board.”

Form 990, Part VI, Section C, Line 19

“The foundation complies with the legal requirements to provide copies of the annual tax returns and the application for exemption, by retaining these documents and providing copies to the public upon request.”

Form 990, Part VII Contact Addresses for Officers, Directors, Etc

“Glenn mckay - 50 e. North temple 12th flr, salt lake city, ut 84150. Dale r. Jones - 50 e. North temple 22nd flr, salt lake city, ut 84150. Gale j. Brimhall - 1309 n. Mission cove lane, gilbert, az 85234.”

Form 990, Part VII, Line 4

“The foundation does not have access to compensation information regarding church-appointed trustees, but such trustees are not compensated by the foundation for their trustee service.”

Form 990, Part VI, Line 15A and 15B

“There is no compensation paid to any persons in the organization.”

Filing and Contact Details

Filer

Filer Name
The Speranza Foundation
EIN
20-1833020
Phone
4802225800
Address
1223 S CLEARVIEW AVE 103, MESA, AZ 85209

Signing Officer

Name
Broc C Hiatt
Title
Trustee
Phone
4802225800
Signed
2019-10-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Broc C Hiatt
Formed
2004
Legal Domicile
Az
Voting Board Members
5
Independent Board Members
3
Employees
0
Volunteers
5

Preparer

Firm
Mansperger Patterson & Mcmullin Plc
Address
1222 E BASELINE ROAD SUITE 200, TEMPE, AZ 85283
Preparer
Jeffrey C Mcmullin CPA
Phone
4808319500
Supplemental Narrative

Additional Explanations

Form 990, Part V, Line 7G

“There were no contributions of qualified intellectual property.”

Form 990, Part V, Line 7H

“There were no contributions of cars, boats, airplanes or other vehicles.”

FORM 990, PART XI, LINE 9:

“Book/tax difference in basis of land sold -115,701.”

Raw XML AppendixShowing 400 of 411 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt081
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt00
IRS990/AccountsReceivableGrp/BOYAmt0591
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0SUPPORTED THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0161
IRS990/AdvertisingGrp/TotalAmt0161
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/PersonNm0BROC C HIATT
IRS990/BooksInCareOfDetail/PhoneNum04802225800
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01223 S CLEARVIEW AVE SUITE 105
IRS990/BooksInCareOfDetail/USAddress/CityNm0MESA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AZ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd085209
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt08900
IRS990/CashNonInterestBearingGrp/EOYAmt01747
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt0527500
IRS990/CYInvestmentIncomeAmt0781255
IRS990/CYOtherExpensesAmt022269
IRS990/CYOtherRevenueAmt017106
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0248592
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0549769
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0798361
IRS990/DAFExcessBusinessHoldingsInd00
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0IN ACCORDANCE WITH THIS SUPPORTING ORGANIZATION'S PRIMARY EXEMPT PURPOSE, IT SUPPORTED THE CHURCH OF JESUS CHRIST OF LATTER DAY SAINTS IN RESPONSE TO NEEDS IDENTIFIED BY THE CHURCH AND COMMUNICATED TO THE SUPPORT ORGANIZATION.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0527500
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01100
IRS990/FeesForServicesAccountingGrp/TotalAmt01100
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt09000
IRS990/FeesForServicesLegalGrp/TotalAmt09000
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0784
IRS990/FeesForServicesManagementGrp/TotalAmt0784
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0214
IRS990/FeesForServicesOtherGrp/TotalAmt0214
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282FiledCnt01
IRS990/Form8282PropertyDisposedOfInd01
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/PersonNm0CRAIG D CARDON
IRS990/Form990PartVIISectionAGrp/PersonNm1BROC C HIATT
IRS990/Form990PartVIISectionAGrp/PersonNm2GLENN MCKAY
IRS990/Form990PartVIISectionAGrp/PersonNm3DALE R JONES
IRS990/Form990PartVIISectionAGrp/PersonNm4GALE J BRIMHALL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0731701
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt0527500
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0527500
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0527500
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0770000
IRS990/GrossReceiptsAmt0836660
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartVInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0576
IRS990/InsuranceGrp/TotalAmt0576
IRS990/InvestmentIncomeGrp/ExclusionAmt049554
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt049554
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0163649
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0468196
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03770000
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03000000
IRS990/LandBldgEquipCostOrOtherBssAmt03000000
IRS990/LegalDomicileStateCd0AZ
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt038299
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO SUPPORT AND BENEFIT, PRIMARILY THROUGH GRANTS, THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS (HERE-AFTER "THE CHURCH"), ITS AFFILIATED CHARITABLE, RELIGIOUS, AND EDUCATIONAL ORGANIZATIONS, AND OTHER RELIGIOUS EDUCATIONAL AND CHARITABLE ORGANIZATIONS WHOSE PURPOSE AND ACTIVITIES ARE COMPATIBLE WITH AND/OR COMPLEMENTARY TO THE CHURCH.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03961723
IRS990/NetAssetsOrFundBalancesEOYAmt03478614
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0731701
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0731701
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-616000
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-115701
IRS990/OtherExpensesGrp/Desc0PROPERTY TAXES
IRS990/OtherExpensesGrp/Desc1DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07449
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11876
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21109
IRS990/OtherExpensesGrp/TotalAmt07449
IRS990/OtherExpensesGrp/TotalAmt11876
IRS990/OtherExpensesGrp/TotalAmt21109
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0RENTAL INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt017106
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt017106
IRS990/OtherRevenueTotalAmt017106
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0BROC C HIATT
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0770000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0148500
IRS990/PYInvestmentIncomeAmt0128254
IRS990/PYOtherExpensesAmt01883
IRS990/PYOtherRevenueAmt02223
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0750094
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0150383
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0900477
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0248592
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt03961723
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt03478614
IRS990/SavingsAndTempCashInvstGrp/BOYAmt018664
IRS990/SavingsAndTempCashInvstGrp/EOYAmt08671
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE PRIMARY SUPPORT ORGANIZATION IS THE CHURCH AND THE GOVERNING INSTRUMENT IDENTIFIES A CLASS. SPECIFICALLY, THE GOVERNING INSTRUMENT STATES THAT IT IS ORGANIZED EXCLUSIVELY TO SUPPORT AND BENEFIT THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS, ITS AFFILIATED RELIGIOUS, EDUCATIONAL AND CHARITABLE ORGANIZATIONS, AND OTHER RELIGIOUS, EDUCATIONAL AND CHARITABLE ORGANIZATIONS WHOSE PURPOSES AND ACTIVITIES ARE COMPATIBLE WITH AND/OR COMPLEMENTARY TO THE CHURCH, BY SPONSORING, FINANCING OR ASSISTING ANY OF THE RELIGIOUS, EDUCATIONAL, OR CHARITABLE ACTIVITIES OR PROGRAMS OF THE SAID SUPPORTED ORGANIZATIONS. ALL SUCH SUPPORT DISTRIBUTIONS FROM THIS TRUST SHALL BE STRICTLY LIMITED TO RELIGIOUS, EDUCATIONAL OR CHARITABLE PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE CODE. THE CHURCH THROUGH ITS APPOINTMENT ENSURES THAT THE CLASS IS RESPECTED AND THAT DISTRIBUTIONS TO NON-CHURCH ENTITIES ARE IN FURTHERANCE OF THE CHURCH'S PURPOSES
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 1:
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0237300205
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd01
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0527500
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0THE CHURCH OF JESUS CHRIST OF LATTER DAY SAINTS
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0527500
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/LandGrp/BookValueAmt03000000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt03000000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03000000
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501 (C)3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO ASSIST ORGANIZATION FISCALLY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0THE CHURCH OF JESUS CHRIST OF LATTER DAY SAINTS
IRS990ScheduleI/RecipientTable/RecipientEIN0237300205
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt050 E NORTH TEMPLE ST FL 15
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SALT LAKE CITY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0UT
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd084150
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0FMV - CASH GIVEN
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE WERE NO CONTRIBUTIONS OF QUALIFIED INTELLECTUAL PROPERTY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THERE WERE NO CONTRIBUTIONS OF CARS, BOATS, AIRPLANES OR OTHER VEHICLES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CRAIG D. CARDON & BROC C. HIATT ARE PARTNERS IN A REAL ESTATE INVESTING BUSINESS AND ARE COUSINS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION DOES NOT HAVE MEMBERS OR STOCKHOLDERS, BUT A REPRESENTATIVE OF THE ORIGINAL DONOR HAS THE OPPORTUNITY TO ELECT A MINORITY OF THE GOVERNING BODY; BUT THE SUPPORTED ORGANIZATION ELECTS THE MAJORITY OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE FOUNDATION WILL FURNISH A COPY OF FORM 990 TO THE GOVERNING BODY FOR THEIR REVIEW. ANY COMMENTS OR QUESTIONS WILL BE ADDRESSED PRIOR TO FILING THE FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PER THE CONFLICTS OF INTEREST POLICY, ALL TRUSTEES ARE REQUIRED TO DISCLOSE ANY CONFLICTS IN CONNECTION WITH ANY TRANSACTIONS APPROVED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE FOUNDATION COMPLIES WITH THE LEGAL REQUIREMENTS TO PROVIDE COPIES OF THE ANNUAL TAX RETURNS AND THE APPLICATION FOR EXEMPTION, BY RETAINING THESE DOCUMENTS AND PROVIDING COPIES TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7GLENN MCKAY - 50 E. NORTH TEMPLE 12TH FLR, SALT LAKE CITY, UT 84150. DALE R. JONES - 50 E. NORTH TEMPLE 22ND FLR, SALT LAKE CITY, UT 84150. GALE J. BRIMHALL - 1309 N. MISSION COVE LANE, GILBERT, AZ 85234.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE FOUNDATION DOES NOT HAVE ACCESS TO COMPENSATION INFORMATION REGARDING CHURCH-APPOINTED TRUSTEES, BUT SUCH TRUSTEES ARE NOT COMPENSATED BY THE FOUNDATION FOR THEIR TRUSTEE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9BOOK/TAX DIFFERENCE IN BASIS OF LAND SOLD -115,701.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10THERE IS NO COMPENSATION PAID TO ANY PERSONS IN THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART V, LINE 7G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART V, LINE 7H
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VII CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART VII, LINE 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10FORM 990, PART VI, LINE 15A AND 15B
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE CHURCH OF JESUS CHRIST OF LATTER DAY SAINTS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0237300205
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0UT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CHURCH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 1
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0527500
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0THE CHURCH OF JESUS CHRIST OF LATTER DAY SAINTS
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0AZ
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03961804
IRS990/TotalAssetsEOYAmt03478614
IRS990/TotalAssetsGrp/BOYAmt03961804
IRS990/TotalAssetsGrp/EOYAmt03478614
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt022269
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0527500
IRS990/TotalFunctionalExpensesGrp/TotalAmt0549769
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt081
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt081
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03961723
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03478614
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0527500
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt066660
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0731701
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0798361
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03961804
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03478614
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01223 S CLEARVIEW AVE SUITE 103
IRS990/USAddress/CityNm0MESA
IRS990/USAddress/StateAbbreviationCd0AZ
IRS990/USAddress/ZIPCd085209
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-01-14 16:20:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BROC C HIATT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum04802225800
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-10-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE SPERANZA FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0SPER
ReturnHeader/Filer/EIN0201833020
ReturnHeader/Filer/PhoneNum04802225800
ReturnHeader/Filer/USAddress/AddressLine1Txt01223 S CLEARVIEW AVE 103
ReturnHeader/Filer/USAddress/CityNm0MESA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AZ
ReturnHeader/Filer/USAddress/ZIPCd085209
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId06ACDE15B88602B6D8A3596F593BC2EF202626D28
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt098.191.117.146
ReturnHeader/FilingSecurityInformation/IPDt02019-10-29
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0MS
ReturnHeader/FilingSecurityInformation/IPTm014:59:28
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0860751928
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MANSPERGER PATTERSON & MCMULLIN PLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01222 E BASELINE ROAD SUITE 200

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,478,614
Liabilities
$0
Net assets
$3,478,614
Revenue
$798,361
Expenses
$549,769
Net income
$248,592
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.85$0.00$3.85$3.18$1.19$1.98
2023Detailed filing. Detailed filing data is available for this year.$3.81$0.01$3.80$2.86$1.49$1.37
2022Detailed filing. Detailed filing data is available for this year.$3.68$0.00$3.68$0.36$1.80$1.44
2021Detailed filing. Detailed filing data is available for this year.$5.34$0.00$5.34$4.71$0.98$3.73
2020Detailed filing. Detailed filing data is available for this year.$3.46$0.00$3.46$0.89$0.70$0.19
2019Detailed filing. Detailed filing data is available for this year.$3.69$0.00$3.69$1.14$0.36$0.78
2018Detailed filing. Detailed filing data is available for this year.$3.48$0.00$3.48$0.80$0.55$0.25
2017Detailed filing. Detailed filing data is available for this year.$3.96$0.00$3.96$0.90$0.15$0.75
2016Summary only. Only limited summary data is available for this year.$3.30$0.00$3.30$3.25$0.14$3.11
2015Detailed filing. Detailed filing data is available for this year.$0.35$0.00$0.35$0.19$0.14$0.04
2014Summary only. Only limited summary data is available for this year.$0.31$0.00$0.31$0.67$0.07$0.60
2013Summary only. Only limited summary data is available for this year.$0.06$0.00$0.06$0.20$0.05$0.15
2012Summary only. Only limited summary data is available for this year.$0.01$0.00$0.01$0.00$0.03$0.02
2011Summary only. Only limited summary data is available for this year.$0.03$0.00$0.03$0.20$0.11$0.09