Teo Chew Association of Greater Washington Inc

EIN: 541804089 501(c)(3) Arts, Culture & Humanities

Falls Church, VA

Total Revenue
$86,043
Total Expenses
$118,043
Total Assets
$1,379,805
Net Assets
$1,379,805
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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
VA
Principal Officer
Linh Huynh
Phone
7035381162
Tax Period
2024-01-01 to 2024-12-31

Teo Chew Association of Greater Washington Inc, founded in 1996, is a small nonprofit in the Arts, Culture & Humanities sector that reported $103K in total revenue in fiscal year 2018. Revenue decreased 9% compared to the prior year. The organization ran a surplus of $48K, a strong 47% operating margin.

Mission

STATEMENT OF PROGRAM ACCOMPLISHMENTSThe Organization's primary purposes are:The Teo Chew Association provides assistance to members and their relatives toovercome any form of language problem that hinders the personal welfare of the person or family.Assistance will include security housing and understanding any and all legal andcontractual obligations including taxes, utilities, repairs, etc. Assistance willinclude the process of US citizenship application, employment and transportaion. Anopportunity for spiritual worship will also be provided.The affairs of the elderly will be an integral part of the Organization's outreachand will include the monitoring of individuals living above and providingtransportation and the necessities of life for the elderly and disabled.Specific educational outreach will include: holding English classes for any who wishta attend and also holding Chinese language classes to improve family communication.Teaching will be employed to preserve and provide the Teo Chew culture such as drama,music and art.The Organization will sponsor various festivals with the purpose of enhancingrelations with the outside community. The Organization had the following activitiesin 2017:Form 990, Part I, Line 1 - Organization Mission or Significant Activities1. Gather the 1st and 15th of each Chinese calendar month for prayer and gettogether.2. Hold Chinese New Year celebration and major Chinese religious holidaysthroughout the year.3. Organize St. Quang Thanh De Quan birthday festivities in the summer.4. Organize and gather for Full Moon Festival and celebration in September.5. Attend funerals of deceased members of the Organization.Form 990, Part Ill, Line 1 - Organization MissionSTATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTSThe Organization's primary purposes are:The Teo Chew Association provides assistance to members and their relatives toovercome any form of language problem that hinders the personal welfare of theperson or family.Assistance will include security housing and understanding any and all legal andcontractual obligations including taxes, utilities, repairs, etc. Assistance willinclude the process of US citizenship application, employment and transportaion. Anopportunity for spiritual worship will also be provided.The affairs of the elderly will be an integral part of the Organization's outreachand will include the monitoring of individuals living above and providingtransportation and the necessities of life for the elderly and disabled.Specific educational outreach will include: holding English classes for any who wish to attend and also holding Chinese language classes to improve family communication. Teaching will be employed to preserve and provide the Teo Chew culture such as drama, music and art.The Organization will sponsor various festivals with the purpose of enhancingrelations with the outside community. The Organization had the following activitiesin 2019:1. Gather the 1st and 15th of each Chinese calendar month for prayer and gettogether.2. Hold Chinese New Year celebration and major Chinese religious holidaysthroughout the year.3. Organize St. Quang Thanh De Quan birthday festivities in the summer.4. Organize and gather for Full Moon Festival and celebration in September.5. Attend funerals of deceased members of the Organization.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $6,135
Program Service Revenue $68,784
Investment Income $11,124
Other Revenue $0
TOTAL REVENUE $86,043

Expense Breakdown

Grants Paid $17,600
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $46,628
Other Expenses $100,443
TOTAL EXPENSES $118,043

Year-over-Year Comparison

2024 2023 Change
Revenue $86,043 $85,660 +0.0%
Expenses $118,043 $67,953 +0.7%
Net Income $-32,000 $17,707 -2.8%
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
6
Independent Members
N/A
Employees
N/A
Volunteers
20

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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Hai Thanh Ngo Director 2.00
Director
$0 $0 $0
Le Hourly Director 2.00
Director
$0 $0 $0
Khoa Du Lieu Director 2.00
Director
$0 $0 $0
Hoa Tran Vice President 2.00
Officer
$0 $0 $0
Linh Huynh President 15.00
Officer
$0 $0 $0
Van B Lieu Treasurer 2.00
Officer
$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 $86,043 $118,043 $1,379,805 $-32,000
2023 $85,660 $67,953 $1,380,745 $17,707
2022 $167,594 $40,638 $1,363,038 $126,956
2021 $74,814 $21,294 $1,236,082 $53,520
2020 $46,440 $24,815 $1,186,762 $21,625
2019 $103,036 $48,565 $1,177,137 $54,471
2018 $102,508 $54,168 $1,134,666 $48,340
2018 $102,508 $54,168 $1,134,666 $48,340
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