FORMATION SUPPORT FOR VIETNAM (EIN 272071497) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

BAO Q NGUYEN SJ

Phone

8327587096

Tax Period

2019-01-01 to 2019-12-31

FORMATION SUPPORT FOR VIETNAM, founded in 2010, is a small nonprofit in the Education sector that reported $260K in total revenue in fiscal year 2019. Revenue surged 69% from the prior year, signaling strong growth momentum. The organization ran a surplus of $119K, a strong 46% operating margin.

Mission

OUR PRIMARY PURPOSE IS TO HELP PRIEST AND NUNS OF THE CATHOLIC CHURCH IN VIETNAM, BY ASSISTING THEM WITH THEIR EDUCATION AT U.S INSTITUTION OF HIGHER EDUCATION. WE PROVIDE THEM WITH INFORMATION ABOUT AMERICAN UNIVERSITY; ASSISTS THEM IN GETTING ADMISSIONS; HELP THEM TO PAY FOR TUITIONS AND FEES; PROVIDE ENVIRONMENT TO SHARE EXPERIENCE AND DIFFICULTIES DURING SCHOOL YEAR; AND PROVIDE GROUP TRAVEL TO EXPERIENCE AMERICAN CULTURE.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $260,112

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $260,112

Expense Breakdown

Grants Paid $12,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $141,323

Other Expenses $129,323

TOTAL EXPENSES $141,323

Year-over-Year Comparison

	2019	2018	Change
Revenue	$260,112	$153,471	+0.7%
Expenses	$141,323	$149,715	-0.1%
Net Income	$118,789	$3,756	+30.6%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
FR MARK LEWIS SJ	CO-CHAIR	0.25	Director	$0	$0	$0
FR BAO QUOC NGUYEN SJ	EXECUTIVE OFFICER	0.25	Officer Director	$0	$0	$0
FR HUNG VIET NGUYEN	CO-CHAIR	0.25	Director	$0	$0	$0
SR NGA NGUYET DINH ICM	BOARD MEMBER	0.25	Director	$0	$0	$0
BISHOP MICHAEL BARBER SJ	BOARD MEMBER	0.25	Director	$0	$0	$0
DR FRANCESCO CESAREO	BOARD MEMBER	0.25	Director	$0	$0	$0
DR QUYEN DI CHUC BUI	BOARD MEMBER	0.25	Director	$0	$0	$0
SR THU THI DO LHC	EXECUTIVE OFFICER	0.25	Officer Director	$0	$0	$0
SR MARY VALLIERE CJC	BOARD MEMBER	0.25	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
2019	$260,112	$141,323	$426,147	$118,789

FORMATION SUPPORT FOR VIETNAM