Totals
- Total revenue
- $67,252
- Total expenses
- $113,827
- Contributions and grants received
- $59,574
- Grants paid
- $76,889
- Program service revenue
- $0
- Investment income
- $7,678
- Other revenue
- $0
- Total assets, end of year
- $572,357
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $572,357
- Program services expenses (Part IX)
- $76,889
- Management and general expenses
- $27,172
- Fundraising expenses
- $9,766
- Program service expenses (Part III)
- $76,889
Program services were 67.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$59,574
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$0
-
1f · All other contributions, gifts and grants
$0
-
1g · Noncash contributions included above
$0
-
3 · Investment income
total $7,678 · related or exempt $7,678 · unrelated business $0 · excluded $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: contributions included on line 1c
$0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
3 · Grants to foreign organizations and individuals
total $76,889 · program services $76,889
-
5 · Compensation of officers, directors and key employees
total $27,175 · management and general $18,117 · fundraising $9,058
-
11b · Fees: legal
total $215 · management and general $215
-
11e · Fees: professional fundraising services
total $708 · fundraising $708
-
11g · Fees: other
total $72 · management and general $72
-
13 · Office expenses
total $3,732 · management and general $3,732
-
14 · Information technology
total $519 · management and general $519
-
24a · Other expenses: Bank Charges
total $609 · program services $0 · management and general $609 · fundraising $0
-
24b · Other expenses: Postage
total $190 · program services $0 · management and general $190 · fundraising $0
-
24c · Other expenses: Administrative Expense - Personnel
total $3,718 · program services $0 · management and general $3,718 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $64,048 · end of year $59,795
-
2 · Savings and temporary cash investments
beginning of year $21,769 · end of year $7,908
-
11 · Investments: publicly traded securities
beginning of year $615,575 · end of year $504,654
-
27 · Net assets without donor restrictions
beginning of year $701,392 · end of year $572,357
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $0
Mission and programs · 2022
Mission
Create educational opportunities in Vietnam
-
Granted 140 Merit Scholarships to students in grades 6-12. These students were selected for their exceptional academic record and financial need.
Expenses $19,939 · Grants $19,939
-
Granted 145 VSDP University Scholarships to college students. These students were selected on the basis of financial needs and academic and leadership potential.
Expenses $56,950 · Grants $56,950
As filed on the 2022 return.
Listed in Part VII
-
Phong LePHONG LE
EXECUTIVE DIRECTOR
- Total calculated
- $11,985
- From this org
- $0
- From related orgs
- $0
- Other
- $11,985
- Hours/week
- 40
-
Dong LeDONG LE
SENIOR DIRECTOR
- Total calculated
- $11,555
- From this org
- $0
- From related orgs
- $0
- Other
- $11,555
- Hours/week
- 40
-
Thanh NguyenTHANH NGUYEN
DIRECTOR
- Total calculated
- $3,635
- From this org
- $0
- From related orgs
- $0
- Other
- $3,635
- Hours/week
- 15
-
Tung DoTUNG DO
CO-PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Mai DuongMAI DUONG
CO-PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Vy TruongVY TRUONG
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Tam NguyenTAM NGUYEN
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Quang TranQUANG TRAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Anh TranANH TRAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Quang DuongQUANG DUONG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Sam NguyenSAM NGUYEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Ha HuynhHA HUYNH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Tue NguyenTUE NGUYEN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 30 April 2023
- IRS schema version
- 2022v5.0
- Source object
- 202321219349300007
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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