Form 990 for tax year 2025
Filed by FRIENDS OF LITTLE SAIGON SEATTLE FLS-S.
Totals
- Total revenue
- $5,537,054
- Total expenses
- $1,482,332
- Contributions and grants received
- $5,243,739
- Grants paid
- $65,750
- Program service revenue
- $225,440
- Investment income
- $52,725
- Other revenue
- $15,150
- Total assets, end of year
- $12,528,248
- Total liabilities, end of year
- $7,013,255
- Net assets or fund balances, end of year
- $5,514,993
- Program services expenses (Part IX)
- $1,242,217
- Management and general expenses
- $164,098
- Fundraising expenses
- $76,017
- Program service expenses (Part III)
- $1,242,217
Program services were 83.8% 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.
-
1c · Fundraising events
$231,651
-
1e · Government grants (contributions)
$1,564,315
-
1f · All other contributions, gifts and grants
$3,447,773
-
1g · Noncash contributions included above
$71,695
-
2a · Program service revenue: RENTAL INCOME
total $144,572 · related or exempt $144,572
-
2b · Program service revenue: PROGRAM FEES
total $80,868 · related or exempt $80,868
-
3 · Investment income
total $52,725 · excluded $52,725
-
8a · Fundraising events: gross income
$41,813
-
8a · Fundraising events: contributions included on line 1c
$231,651
-
8b · Fundraising events: direct expenses
$41,813
-
8c · Net income from fundraising events
total $0
-
10a · Gross sales of inventory
$18,526
-
10b · Cost of goods sold
$6,811
-
10c · Net income from sales of inventory
total $11,715 · related or exempt $11,715
-
11a · Other revenue: CC REWARDS
total $3,435 · excluded $3,435
-
11e · Other revenue, total
$3,435
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $13,600 · program services $13,600
-
2 · Grants to domestic individuals
total $52,150 · program services $52,150
-
5 · Compensation of officers, directors and key employees
total $106,456 · program services $79,842 · management and general $10,646 · fundraising $15,968
-
7 · Other salaries and wages
total $515,132 · program services $442,752 · management and general $48,916 · fundraising $23,464
-
9 · Other employee benefits
total $46,050 · program services $39,409 · management and general $4,380 · fundraising $2,261
-
10 · Payroll taxes
total $53,750 · program services $45,245 · management and general $5,148 · fundraising $3,357
-
11c · Fees: accounting
total $93,460 · program services $70,095 · management and general $9,346 · fundraising $14,019
-
11g · Fees: other
total $189,666 · program services $152,433 · management and general $36,876 · fundraising $357
-
12 · Advertising and promotion
total $2,107 · program services $2,107
-
13 · Office expenses
total $26,739 · program services $15,062 · management and general $7,680 · fundraising $3,997
-
16 · Occupancy
total $102,091 · program services $80,067 · management and general $19,818 · fundraising $2,206
-
17 · Travel
total $5,785 · program services $1,891 · management and general $3,685 · fundraising $209
-
22 · Depreciation, depletion and amortization
total $51,648 · program services $38,736 · management and general $5,165 · fundraising $7,747
-
23 · Insurance
total $24,605 · program services $21,534 · management and general $3,071
-
24a · Other expenses: FOOD
total $86,535 · program services $80,558 · management and general $5,977
-
24b · Other expenses: LANDMARK BUILDING
total $85,736 · program services $82,634 · management and general $2,161 · fundraising $941
-
24c · Other expenses: MISCELLANEOUS
total $17,392 · program services $17,392
-
24d · Other expenses: GIFTS AND APPRECIATION
total $9,430 · program services $6,710 · management and general $1,229 · fundraising $1,491
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $912,344 · end of year $4,387,828
-
2 · Savings and temporary cash investments
beginning of year $144,027 · end of year $172,095
-
3 · Pledges and grants receivable
beginning of year $642,126 · end of year $247,548
-
8 · Inventories for sale or use
beginning of year $1,548 · end of year $1,610
-
9 · Prepaid expenses and deferred charges
beginning of year $205 · end of year $5,390
-
10a · Land, buildings and equipment: cost or other basis
$7,811,932
-
10b · Land, buildings and equipment: accumulated depreciation
$248,816
-
10c · Land, buildings and equipment, net
beginning of year $6,639,790 · end of year $7,563,116
-
15 · Other assets
beginning of year $188,589 · end of year $150,661
-
17 · Accounts payable and accrued expenses
beginning of year $139,704 · end of year $65,107
-
19 · Deferred revenue
beginning of year $6,737,056 · end of year $6,794,150
-
25 · Other liabilities
beginning of year $191,598 · end of year $153,998
-
27 · Net assets without donor restrictions
beginning of year $1,460,271 · end of year $3,035,049
-
28 · Net assets with donor restrictions
end of year $2,479,944
Mission and programs · 2025
Mission
THE MISSION OF FRIENDS OF LITTLE SAIGON IS TO PRESERVE AND ENHANCE LITTLE SAIGON'S CULTURAL, ECONOMIC, AND HISTORIC VITALITY.
-
COMMUNITY ENGAGEMENT: BI-LINGUAL (ENGLISH AND VIETNAMESE) ENGAGEMENT EMPOWERING LITTLE SAIGON STAKEHOLDERS, INCLUDING RESIDENTS, BUSINESS OWNERS, AND OTHER COMMUNITY MEMBERS, TO ADVOCATE FOR THE COMMUNITY THEY WANT TO SEE. THIS INCLUDES THE LITTLE SAIGON LANDMARK PROJECT (MIXED-USE DEVELOPMENT PROJECT); ENSURING THAT NEIGHBORHOOD DEVELOPMENTS AND CONSTRUCTION BENEFIT THE COMMUNITY; BRIDGING CONNECTIONS BETWEEN COMMUNITY STAKEHOLDERS AND GOVERNMENT AGENCIES; AND ADVOCATING FOR POLICIES AND PLANS TO ADVANCE COMMUNITY GOALS. OVER THE COURSE OF THE YEAR, WE ENGAGED ABOUT 100 STAKEHOLDERS.
Expenses $507,639 · Grants $46,344 · Revenue $71,018
-
SMALL BUSINESS SUPPORT: WORKING WITH AND SUPPORTING SMALL BUSINESS THROUGH CAPACITY BUILDING, IN-LANGUAGE INFORMATION, AND EVENTS. THIS INCLUDES PROVIDING FREE BI-LINGUAL TECHINCAL ASSISTANCE; REFERRALS; ACCESS TO RESOURCES FOR NEW AND EXISTING BUSINESSES; SMALL BUSINESS INCUBATION FOR BUDDING ENTREPRENEURS AND SMALL BUSINESSES TO TEST OUT THEIR CONCEPTS AND PRODUCTS THROUGH POP-UPS AND RETAIL SPACE AT OUR CULTURAL SPACE. WE DO CONSISTENT OUTREACH TO NEARLY 80 BUSINESSES AND PROVIDE DIRECT ASSISTANCE TO NEARLY 20.
Expenses $389,270 · Grants $8,995 · Revenue $144,572
-
ARTS & CULTURE: PRESERVING VIETNAMESE CULTURE THROUGH ARTS, LANGUAGE EDUCATION, AND SPECIAL EVENTS. THIS INCLUDES OPERATING OUR CULTURAL SPACE; SEASONAL FESTIVALS AND EVENTS; ROTATING ART EXHIBIT; 10-WEEK VIETNAMESE LANGUAGE COURSE; SMALL BUSINESS AND ARTIST POP-UPS; AND PUBLIC ART PROJECTS. MANY OF THESE ARE OFFERED AT OUR CULTURAL SPACE, AND WE ESTIMATE 48,000 VISITORS IN OUR SPACE PER YEAR.
Expenses $345,308 · Grants $10,411 · Revenue $21,565
As filed on the 2025 return.
Listed in Part VII
-
Leeching TranLEECHING TRAN
BOARD PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Huy PhamHUY PHAM
BOARD VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Trang LeTRANG LE
BOARD TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Stephen ScheeleSTEPHEN SCHEELE
BOARD SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Linda TranLINDA TRAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mytoan Nguyen-AkbarMYTOAN NGUYEN-AKBAR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Brian NguyenBRIAN NGUYEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Vy NguyenVY NGUYEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Quynh PhamQUYNH PHAM
EXECUTIVE DIRECTOR
- Total calculated
- $106,456
- From this org
- $99,429
- From related orgs
- $0
- Other
- $7,027
- Hours/week
- 40
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
-
$13,600
2025 SBRT CPTED MATCHING FUND PROJECT
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 22 September 2026
- IRS schema version
- 2025v4.2
- Source object
- 202642679349300134
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