VIET DREAMS (EIN 274115634) - 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

2010

Legal Domicile

Principal Officer

QUAN K NGUYEN

Phone

4084104920

Tax Period

2024-01-01 to 2024-12-31

VIET DREAMS, founded in 2010, is a community nonprofit in the Human Services sector that reported $1.9M in total revenue in fiscal year 2024. Revenue surged 748% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.7M, a strong 91% operating margin.

Mission

PROVIDE FOOD, CLOTHING, SUPPLIES, CLEAN WATER AND FUNDS FOR ORPHANAGES AND SCHOOLS IN VIETNAM.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,816,822

Program Service Revenue $0

Investment Income $65,416

Other Revenue $0

TOTAL REVENUE $1,882,238

Expense Breakdown

Grants Paid $148,886

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $148,886

Other Expenses $24,357

TOTAL EXPENSES $173,243

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,882,238	$222,047	+7.5%
Expenses	$173,243	$110,055	+0.6%
Net Income	$1,708,995	$111,992	+14.3%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
QUAN K NGUYEN	President & CEO	5.00	Director	$0	$0	$0
ANTHONY MY TRAN	Chairman	0.00	Director	$0	$0	$0
NAM NGUYEN	Treasurer	4.00	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	$1,882,238	$173,243	$2,235,033	$1,708,995
2023	$222,047	$110,055	$526,038	$111,992
2018	$249,651	$169,724	$233,259	$79,927

VIET DREAMS