Civic Intelligence

Verbum Spei Inc

990 • Fiscal year 2021 • EIN 83-4572856

Jan 01, 2021 to Dec 31, 2021 • Filed on Jun 09, 2022

Organization ProfileN/A
804 N 9th StreetBoise, ID 83702

(208) 412-5760

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

92nd percentile

68%

Higher net margin than 92% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

98th percentile

954%

Faster asset growth than 98% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

95th percentile

295%

Faster revenue growth than 95% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$252,794

Up $228,808 (+954%) from 2020

Net Assets

Up

$252,794

Up $228,808 (+954%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin92nd percentile

Revenue

Up

$337,628

Up $252,172 (+295%) from 2020

Expenses

Up

$108,820

Up $47,350 (+77%) from 2020

Net Income

Up

$228,808

Up $204,822 (+854%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

$800K$600K$400K$200K$0Assets 2020: $23,986Liabilities 2020: $0Net Assets 2020: $23,9862020Assets 2021: $252,794Liabilities 2021: $0Net Assets 2021: $252,7942021Assets 2022: $318,185Liabilities 2022: $0Net Assets 2022: $318,1852022Assets 2023: $462,807Liabilities 2023: $0Net Assets 2023: $462,8072023Assets 2024: $660,307Liabilities 2024: $0Net Assets 2024: $660,3072024Assets 2025: $713,095Liabilities 2025: $0Net Assets 2025: $713,0952025

Highlighted filing

2021

Assets$252,794
Liabilities$0
Net Assets$252,794
Open 2021 Filing

Operations Trend

Revenue Growth95th percentile

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

$600K$400K$200K$0Revenue 2020: $85,456Expenses 2020: $61,470Net Income 2020: $23,9862020Revenue 2021: $337,628Expenses 2021: $108,820Net Income 2021: $228,8082021Revenue 2022: $204,261Expenses 2022: $153,795Net Income 2022: $50,4662022Revenue 2023: $325,896Expenses 2023: $181,638Net Income 2023: $144,2582023Revenue 2024: $422,191Expenses 2024: $224,691Net Income 2024: $197,5002024Revenue 2025: $193,377Expenses 2025: $140,589Net Income 2025: $52,7882025

Highlighted filing

2021

Revenue$337,628
Expenses$108,820
Net Income$228,808
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 9, 2022
Return Version
2021v4.0
Gross Receipts
$337,628
Mission and Program Overview

Mission

Purpose of the corporation is exculsively religious, charitable, or educational.

Purpose of the corporation is exculsively religious, charitable, or educational

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$23,986$252,794▲ $228,808
Total Assets$23,986$252,794▲ $228,808
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$23,986$252,794▲ $228,808
Total Net Assets Fund Balance$23,986$252,794▲ $228,808
Total Liabilities and Net Assets / Fund Balance$23,986$252,794▲ $228,808
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Dominic FaurePresident
Roger BattSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$337,628
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$337,628
Change in Net Assets
$228,808
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$108,820
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other-$35,707-$35,707
Occupancy-$32,952-$32,952
Travel-$24,988-$24,988
Insurance-$11,911-$11,911
Office Expenses-$3,262-$3,262
Total Functional Expenses$0$108,820$0$108,820
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
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Verbum Spei Inc
EIN
83-4572856
Phone
2084125760
Address
804 N 9TH STREET, BOISE, ID 83702

Signing Officer

Name
Dominic Faure
Title
President
Signed
2022-06-09

Organization Details

Principal Officer
Roger Batt
Formed
2020
Voting Board Members
2
Independent Board Members
2
Employees
0

Preparer

Firm
Asumendi & Kincheloe
Address
1613 12TH AVE RD STE B, NAMPA, ID 83686-6183
Preparer
Jared Asumendi Ea
Phone
2084676488
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Visas 0 6,247 0 education and religious 0 29,460 0 total 0 35,707 0”

Raw XML Appendix211 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/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PURPOSE OF THE CORPORATION IS EXCULSIVELY RELIGIOUS, CHARITABLE, OR EDUCATIONAL
IRS990/AllOtherContributionsAmt0337628
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0ROGER BATT
IRS990/BooksInCareOfDetail/PhoneNum02084125760
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt025253 GRAPHIC LANE
IRS990/BooksInCareOfDetail/USAddress/CityNm0WILDER
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0ID
IRS990/BooksInCareOfDetail/USAddress/ZIPCd083676
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt023986
IRS990/CashNonInterestBearingGrp/EOYAmt0252794
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0337628
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0108820
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0228808
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0108820
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0337628
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0PURPOSE OF THE CORPORATATION IS EXCULSIVELY RELIGIOUS, CHARITABLE, OR EDUCATIONAL
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt035707
IRS990/FeesForServicesOtherGrp/TotalAmt035707
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/PersonNm0ROGER BATT
IRS990/Form990PartVIISectionAGrp/PersonNm1DOMINIC FAURE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02020
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt02
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0337628
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt011911
IRS990/InsuranceGrp/TotalAmt011911
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PURPOSE OF THE CORPORATION IS EXCULSIVELY RELIGIOUS, CHARITABLE, OR EDUCATIONAL
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt023986
IRS990/NetAssetsOrFundBalancesEOYAmt0252794
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt023986
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0252794
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt032952
IRS990/OccupancyGrp/TotalAmt032952
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03262
IRS990/OfficeExpensesGrp/TotalAmt03262
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0ROGER BATT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/ReconcilationRevenueExpnssAmt0228808
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/ChurchInd0X
IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2VISAS 0 6,247 0 EDUCATION AND RELIGIOUS 0 29,460 0 TOTAL 0 35,707 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt023986
IRS990/TotalAssetsEOYAmt0252794
IRS990/TotalAssetsGrp/BOYAmt023986
IRS990/TotalAssetsGrp/EOYAmt0252794
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0337628
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0108820
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0108820
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt023986
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0252794
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0337628
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt023986
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0252794
IRS990/TravelGrp/ManagementAndGeneralAmt024988
IRS990/TravelGrp/TotalAmt024988
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt025253 GRAPHIC LANE
IRS990/USAddress/CityNm0WILDER
IRS990/USAddress/StateAbbreviationCd0ID
IRS990/USAddress/ZIPCd083676
IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt02
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0DOMINIC FAURE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-06-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VERBUM SPEI INC
ReturnHeader/Filer/BusinessNameControlTxt0VERB
ReturnHeader/Filer/EIN0834572856
ReturnHeader/Filer/PhoneNum02084125760
ReturnHeader/Filer/USAddress/AddressLine1Txt0804 N 9TH STREET
ReturnHeader/Filer/USAddress/CityNm0BOISE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0ID
ReturnHeader/Filer/USAddress/ZIPCd083702
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0841406755
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ASUMENDI & KINCHELOE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01613 12TH AVE RD STE B
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NAMPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0ID
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0836866183
ReturnHeader/PreparerPersonGrp/PhoneNum02084676488
ReturnHeader/PreparerPersonGrp/PreparationDt02022-06-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JARED ASUMENDI EA
ReturnHeader/ReturnTs02022-06-09T15:50:15-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DOMINIC
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0RAURE
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$252,794
Liabilities
$0
Net assets
$252,794
Revenue
$337,628
Expenses
$108,820
Net income
$228,808
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$7.13$0.00$7.13$1.93$1.41$0.53
2024Detailed filing. Detailed filing data is available for this year.$6.60$0.00$6.60$4.22$2.25$1.98
2023Detailed filing. Detailed filing data is available for this year.$4.63$0.00$4.63$3.26$1.82$1.44
2022Detailed filing. Detailed filing data is available for this year.$3.18$0.00$3.18$2.04$1.54$0.50
2021Detailed filing. Detailed filing data is available for this year.$2.53$0.00$2.53$3.38$1.09$2.29
2020Detailed filing. Detailed filing data is available for this year.$0.24$0.00$0.24$0.85$0.61$0.24