HY VONG (EIN 330939811) - 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

2002

Legal Domicile

Principal Officer

CUONG V TRAN

Phone

7145318540

Tax Period

2024-01-01 to 2024-12-31

HY VONG, founded in 2002, is a small nonprofit in the Human Services sector that reported $294K in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $370K exceeded revenue, resulting in a 26% operating deficit.

Mission

(1)SPREAD THE GOOD NEWS OF JESUS CHRIST & TEACHINGS OF THE CATHOLIC CHURCH.(2)HELP THE POOR SUCH AS HOMELESS,PRISONERS OF CONSCIENCE & HUMAN RIGHT ACTIVISTS IN VIETNAM,HELP DISABLED VETERANS OF THE REPUBLIC OF 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 $267,142

Program Service Revenue $0

Investment Income $0

Other Revenue $26,641

TOTAL REVENUE $293,783

Expense Breakdown

Grants Paid $351,196

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $351,196

Other Expenses $19,205

TOTAL EXPENSES $370,401

Year-over-Year Comparison

	2024	2023	Change
Revenue	$293,783	$243,181	+0.2%
Expenses	$370,401	$125,808	+1.9%
Net Income	$-76,618	$117,373	-1.7%

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
CUONG VIET TRAN MD	PRESIDENT	10.00	Director	$0	$0	$0
TUYEN QUANG TRAN	SECRETARY	12.00	Director	$0	$0	$0
QUY TU NGUYEN	TREASURER/CFO	10.00	Director	$0	$0	$0
VIET TRONG NGUYEN	PROGRAM OFFICER	5.00	Director	$0	$0	$0
THAI DUC BUI	PROGRAM OFFICER	5.00	Director	$0	$0	$0
LIEM VAN NGUYEN	PROGRAM OFFICER	5.00		$0	$0	$0
LUAN DUC NGUYEN	PROGRAM OFFICER	15.00		$0	$0	$0
THANH HUU NGUYEN	PROGRAM OFFICER	10.00		$0	$0	$0
QUYNH VAN PHAM	INTERNAL AUDIT	5.00	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
2025	No data	No data	No data	No data
2024	$293,783	$370,401	$142,803	$-76,618
2023	$243,181	$125,808	$219,421	$117,373
2022	$251,826	$343,939	$101,948	$-92,113
2021	$305,976	$251,870	$194,059	$54,106
2020	$218,806	$318,507	$139,772	$-99,701
2019	$575,174	$426,952	$239,654	$148,222

HY VONG