Speranza Foundation
Speranza Foundation maintains strong asset base and zero executive compensation amidst fluctuating revenues.
EIN: 201833020 · Mesa, AZ · NTEE: X11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.2M |
| Total Expenses | $1.5M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $3.8M |
| Transparency Score | 85/100 |
Is Speranza Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Speranza Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Speranza Foundation
Speranza Foundation (EIN: 201833020) is a nonprofit organization based in Mesa, AZ, classified under NTEE code X11. The organization reported total revenue of $3.2M and total assets of $3.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Speranza Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Speranza Foundation is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 25.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.9M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$1.4M |
| Total Assets | $3.8M |
| Total Liabilities | $12K |
| Net Assets | $3.8M |
| Operating Margin | 47.9% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 30.7 months |
Financial Health Grade: A
In 2023, Speranza Foundation reported a surplus of $1.4M with revenue exceeding expenses, holds 30.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Speranza Foundation's revenue has grown at a compound annual growth rate (CAGR) of 25.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +698.9% | -17.1% | +3.6% |
| 2022 | -92.4% | +83.8% | -31.1% |
| 2021 | +428.7% | +40.2% | +54.1% |
| 2020 | -21.9% | +94.5% | -6.1% |
| 2019 | +42.8% | -34.8% | +6.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Speranza Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Speranza Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all 13 filings, indicating that no officers or key employees received compensation, which is highly unusual for an organization with revenues reaching millions and assets nearing $4 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Speranza Foundation's IRS 990 filings:
- Highly volatile revenue streams, with a drop from $4.7M in 2021 to $358K in 2022, could indicate unstable funding.
- NTEE code X11 ('Not elsewhere classified') provides limited insight into specific programmatic activities.
Strengths
The following positive indicators were identified for Speranza Foundation:
- Consistent reporting of 0% officer compensation across all filings, indicating high efficiency in directing funds to mission.
- Strong asset base consistently exceeding liabilities, demonstrating financial stability (e.g., $3.8M assets vs. $11K liabilities in 2023).
- Healthy surplus in recent years, such as $2.8M revenue vs. $1.4M expenses in 2023, allowing for reinvestment or reserves.
- Low liabilities across most periods, indicating sound financial management and minimal debt.
Frequently Asked Questions about Speranza Foundation
Is Speranza Foundation a legitimate charity?
Speranza Foundation (EIN: 201833020) is a registered tax-exempt nonprofit based in Arizona. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.2M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Speranza Foundation spend its money?
Speranza Foundation directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Speranza Foundation tax-deductible?
Speranza Foundation is registered as a tax-exempt nonprofit (EIN: 201833020). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Speranza Foundation CEO make?
Speranza Foundation's highest-compensated officer earns $4 annually. The organization reported $3.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Speranza Foundation's spending goes to programs?
Speranza Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Speranza Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Speranza Foundation is above average for NTEE category X11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Speranza Foundation located?
Speranza Foundation is headquartered in Mesa, Arizona and files with the IRS under EIN 201833020. It is classified under NTEE code X11.
How many years of IRS 990 filings does Speranza Foundation have?
Speranza Foundation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.2M in total revenue.
What specific programs does Speranza Foundation operate given its 'Not elsewhere classified' NTEE code?
The NTEE code X11 (Not elsewhere classified) does not provide specific insight into the organization's programs. Donors would need to consult the organization's website or other public disclosures for details on its mission and activities.
How does Speranza Foundation manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that executive leadership may be entirely volunteer-based, or compensated through other means not classified as officer compensation on the 990, or that the organization outsources its management functions.
What accounts for the significant fluctuations in annual revenue, such as the drop from $4,707,152 in 2021 to $358,392 in 2022?
Such large fluctuations in revenue could be due to reliance on a few large grants or donations, the completion of specific projects, or varying fundraising success year-to-year. This volatility could pose challenges for long-term program planning.
Filing History
IRS 990 filing history for Speranza Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Speranza Foundation's revenue has grown by 1354.2%, moving from $197K to $2.9M. Total assets increased by 11723.8% over the same period, from $32K to $3.8M. Total functional expenses rose by 1297.4%, from $107K to $1.5M. In its most recent filing year (2023), Speranza Foundation reported a surplus of $1.4M, with revenue exceeding expenses. The organization holds $12K in liabilities against $3.8M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $3.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.9M | $1.5M | $3.8M | $12K | — | — |
| 2022 | $358K | $1.8M | $3.7M | $0 | — | View 990 |
| 2021 | $4.7M | $978K | $5.3M | $0 | — | View 990 |
| 2020 | $890K | $697K | $3.5M | $0 | — | View 990 |
| 2019 | $1.1M | $359K | $3.7M | $0 | — | View 990 |
| 2018 | $798K | $550K | $3.5M | $0 | — | View 990 |
| 2017 | $900K | $150K | $4.0M | $81 | — | View 990 |
| 2016 | $3.3M | $144K | $3.3M | $2K | — | — |
| 2015 | $189K | $144K | $353K | $0 | — | View 990 |
| 2014 | $670K | $66K | $308K | $0 | — | View 990 |
| 2013 | $200K | $52K | $55K | $0 | — | View 990 |
| 2012 | $46 | $25K | $7K | $0 | — | View 990 |
| 2011 | $197K | $107K | $32K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.9M, expenses of $1.5M, and assets of $3.8M (revenue +698.9% year-over-year).
- 2022: Revenue of $358K, expenses of $1.8M, and assets of $3.7M (revenue -92.4% year-over-year).
- 2021: Revenue of $4.7M, expenses of $978K, and assets of $5.3M (revenue +428.7% year-over-year).
- 2020: Revenue of $890K, expenses of $697K, and assets of $3.5M (revenue -21.9% year-over-year).
- 2019: Revenue of $1.1M, expenses of $359K, and assets of $3.7M (revenue +42.8% year-over-year).
- 2018: Revenue of $798K, expenses of $550K, and assets of $3.5M (revenue -11.3% year-over-year).
- 2017: Revenue of $900K, expenses of $150K, and assets of $4.0M (revenue -72.3% year-over-year).
- 2016: Revenue of $3.3M, expenses of $144K, and assets of $3.3M (revenue +1623.0% year-over-year).
- 2015: Revenue of $189K, expenses of $144K, and assets of $353K (revenue -71.8% year-over-year).
- 2014: Revenue of $670K, expenses of $66K, and assets of $308K (revenue +234.9% year-over-year).
- 2013: Revenue of $200K, expenses of $52K, and assets of $55K (revenue +434780.4% year-over-year).
- 2012: Revenue of $46, expenses of $25K, and assets of $7K (revenue -100.0% year-over-year).
- 2011: Revenue of $197K, expenses of $107K, and assets of $32K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Speranza Foundation:
Data Sources and Methodology
This transparency report for Speranza Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.