THE SPERANZA FOUNDATION (EIN 201833020) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

BROC C HIATT

Phone

4802225800

Tax Period

2023-01-01 to 2023-12-31

THE SPERANZA FOUNDATION, founded in 2004, is a community nonprofit in the Religion sector that reported $2.9M in total revenue in fiscal year 2023. Revenue surged 699% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.4M, a strong 48% operating margin.

Mission

SUPPORTED THE CHURCH OF JESUS CHRIST OF LATTER-DAY SAINTS

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,720,000

Program Service Revenue $0

Investment Income $1,143,087

Other Revenue $0

TOTAL REVENUE $2,863,087

Expense Breakdown

Grants Paid $1,474,766

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,474,766

Other Expenses $15,966

TOTAL EXPENSES $1,490,732

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,863,087	$358,392	+7.0%
Expenses	$1,490,732	$1,797,408	-0.2%
Net Income	$1,372,355	$-1,439,016	-2.0%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
CRAIG D CARDON	TRUSTEE	Director	$0	$0	$0
BROC C HIATT	TRUSTEE	Director	$0	$0	$0
GLENN MCKAY	TRUSTEE	Director	$0	$0	$0
DALE R JONES	TRUSTEE	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$2,863,087	$1,490,732	$3,813,299	$1,372,355
2022	$358,392	$1,797,408	$3,679,444	$-1,439,016
2021	$4,707,152	$977,979	$5,337,179	$3,729,173
2020	$890,350	$697,338	$3,463,071	$193,012
2019	$1,139,809	$358,572	$3,686,402	$781,237
2018	$798,361	$549,769	$3,478,614	$248,592

THE SPERANZA FOUNDATION