International Children Assistance Network Inc

EIN: 770541211 501(c)(3) International Affairs

Milpitas, CA

Total Revenue
$3,187,168
Total Expenses
$2,468,420
Total Assets
$3,272,413
Net Assets
$3,159,787
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
CA
Phone
4085098788
Tax Period
2024-01-01 to 2024-12-31

International Children Assistance Network Inc, founded in 2000, is a community nonprofit in the International Affairs sector that reported $3.2M in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $719K, a strong 23% operating margin.

Mission

ICANs mission is to engage, inform and inspire Vietnamese Americans to raise the next generation of caring leaders through culturally responsive social programs, humanitarian work and community-based research

Program Service Accomplishments

Program 1
Expenses: $490,073 Revenue: $566,073

Early Childhood ICANs Early Childhood Programs offer a holistic approach to optimal development in children aged 0 to 5. Our dedicated facilitators prioritize a nurturing environment by bridging...

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Early Childhood ICANs Early Childhood Programs offer a holistic approach to optimal development in children aged 0 to 5. Our dedicated facilitators prioritize a nurturing environment by bridging generational and cultural gaps between caregivers and children. The programs aim to stimulate curiosity, creativitym and critical thinking. Through constructive workshops, ICAN fosters a positive and supportive atmosphere, empowering children with a headstart in their personal and academic journey.

Program 2
Expenses: $766,742 Revenue: $760,277

Rental Assistance Subclass

Program 3
Expenses: $386,788 Revenue: $535,598

Families and Communities ICANs Family and Community Programs foster unity and resilience, Our family workshops promote open communivation and effective parenting, while community events encourage...

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Families and Communities ICANs Family and Community Programs foster unity and resilience, Our family workshops promote open communivation and effective parenting, while community events encourage positive social interactions. Educational initiatives equip individuals with life skills, promoting empowerment and self-suffocoemcu. Through these efforts, ICAN strives to create thriving families and connected communities.

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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 $2,657,385
Program Service Revenue $529,736
Investment Income $47
Other Revenue $0
TOTAL REVENUE $3,187,168

Expense Breakdown

Grants Paid $773,418
Salaries & Benefits $1,255,075
Fundraising Expenses $45,870
Program Expenses $2,125,991
Other Expenses $439,927
TOTAL EXPENSES $2,468,420

Year-over-Year Comparison

2024 2023 Change
Revenue $3,187,168 $2,597,527 +0.2%
Expenses $2,468,420 $2,046,226 +0.2%
Net Income $718,748 $551,301 +0.3%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
12

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
$233,396
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Hoai Ta Chairman 2.00
Director
$0 $0 $0
Ivy Vuong Vice Chair 2.00
Director
$0 $0 $0
Quan Pham Secretary 2.00
Director
$0 $0 $0
Helen Lam Treasurer 2.00
Director
$0 $0 $0
MyLinh HaDo Board Member 4.00
Director
$0 $0 $0
Helen Padolina Board Member 1.00
Director
$0 $0 $0
Tuan Nguyen Board Member 0.25
Director
$0 $0 $0
Quyen Vuong Executive Director 40.00
Officer
$233,396 $0 $233,396
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 $3,187,168 $2,468,420 $3,272,413 $718,748
2023 $2,597,527 $2,046,226 $3,321,103 $551,301
2022 No data No data No data No data
2021 $2,666,837 $2,331,030 $2,470,489 $335,807
2020 $2,080,126 $1,631,213 $1,962,978 $448,913
2019 $1,114,920 $780,040 $1,287,253 $334,880
2018 $975,701 $799,415 $948,914 $176,286
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