Humanitarian Services for Children of Vietnam

EIN: 412017760 501(c)(3) Human Services

Jordan, MN

Total Revenue
$405,985
Total Expenses
$401,978
Total Assets
$866,820
Net Assets
$839,506
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
MN
Principal Officer
Roxane Svoboda
Phone
6122454185
Tax Period
2024-01-01 to 2024-12-31

Humanitarian Services for Children of Vietnam, founded in 2001, is a small nonprofit in the Human Services sector that reported $406K in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. Net assets of $840K represent 25 months of operating reserves.

Mission

HSCV provides Vietnams most vulnerable groups with the opportunities, tools, and resources to build a better future.

Program Service Accomplishments

Program 1
Expenses: $141,361

HSCV supported vulnerable households in rural Vietnam through a combination of livelihood training, daily live support, and emergency relief. A total of 130 heads of household participated in...

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HSCV supported vulnerable households in rural Vietnam through a combination of livelihood training, daily live support, and emergency relief. A total of 130 heads of household participated in training on chicken farming and small business management. As part of this initiative, 8,060 chickens and 16,250 kilograms of chicken feed were distributed to help families build sustainable income sources. To ease the financial burden of school-related expenses, 49 families received 7,321 kilograms of rice, while 11 families were provided with medical assistance to ensure they could maintain their income-generating activities. Following a severe typhoon, HSCV delivered emergency relief to 150 families within days of the disaster. Relief packages included rice, noodles, milk, soap, sanitary pads, and other essential supplies. Additionally, 800 pairs of shoes were distributed to children whose families were severely affected by the storm.

Program 2
Expenses: $104,762

HSCVs support to the Tam Binh Center in Hue, Vietnam contributed to the care and development of 34 children with disabilities, half of whom are boarding students while the other half are day...

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HSCVs support to the Tam Binh Center in Hue, Vietnam contributed to the care and development of 34 children with disabilities, half of whom are boarding students while the other half are day students. The center provides training in self-care, literacy, vocational skills, and other essential life skills to promote greater independence. Its long-term goals include integration into primary schools, access to vocational training, future employment opportunities, and self-sufficiency for the children it serves. In Phu Dong commune, HSCV funded the complete renovation of the local cultural house, including a new roof, updated doors and windows, and a re-paved front yard. This beloved community space, known for hosting cultural events and preserving local traditions, will now also serve as a venue for training sessions, meetings, and community gatherings. The renovation revitalizes an important symbol of Phu Dongs identity and strengthens community cohesion and development.

Program 3
Expenses: $34,347

In 2024, HSCV provided critical support to disadvantaged children in Northern Vietnam who were at risk of dropping out of school. This support included assistance with educational expenses such as...

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In 2024, HSCV provided critical support to disadvantaged children in Northern Vietnam who were at risk of dropping out of school. This support included assistance with educational expenses such as school fees and supplies. A total of 206 students received scholarships for pre- and post-high school education, while 36 children were equipped with backpacks containing essential school supplies. Additionally, 11 children received nutritional support, and 22 were provided with school lunches to ensure they could attend and focus in class. Beyond financial assistance, HSCV supported the holistic development of girls through soft skill training, emotional support, and educational guidance. A total of 149 girls participated in 42 training sessions focused on personal development and empowerment. Furthermore, 6 girls received direct support for schooling costs, and 5 families received financial assistance to help keep their daughters in school and engaged in training activities.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $363,553
Program Service Revenue $0
Investment Income $42,432
Other Revenue $0
TOTAL REVENUE $405,985

Expense Breakdown

Grants Paid $238,434
Salaries & Benefits $131,130
Fundraising Expenses $17,209
Program Expenses $290,460
Other Expenses $32,414
TOTAL EXPENSES $401,978

Year-over-Year Comparison

2024 2023 Change
Revenue $405,985 $313,243 +0.3%
Expenses $401,978 $334,335 +0.2%
Net Income $4,007 $-21,092 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
1
Volunteers
10

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
1
$33,902
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Annetta DeVet Executive Director 040.00
Officer
$33,902 $0 $33,902
Michelle Kramer Board Chair/Co-Secretary 010.00
Director
$0 $0 $0
Maria Dumbaugh President/Co-Secretary 010.00
Director
$0 $0 $0
Roxane Svoboda Vice President/Treasurer 010.00
Director
$0 $0 $0
Huong Thi Bui Director 010.00
Director
$0 $0 $0
Thu Tran Svoboda Director 010.00
Director
$0 $0 $0
Paul Lennen Director 010.00
Director
$0 $0 $0
Katie Hughes Director 010.00
Director
$0 $0 $0
Ashley Nguyen Seyfried Director 010.00
Director
$0 $0 $0
Hoa Nguyen Director 010.00
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 $405,985 $401,978 $866,820 $4,007
2023 $313,243 $334,335 $795,888 $-21,092
2022 $570,583 $624,063 $728,983 $-53,480
2021 $521,292 $465,590 $990,566 $55,702
2020 $511,813 $491,533 $895,291 $20,280
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