VIETNAMESE AMERICAN ROUNDTABLE

EIN: 821802251 501(c)(3) Community Improvement

San Jose, CA

Total Revenue
$450,387
Total Expenses
$501,089
Total Assets
$393,688
Net Assets
$393,688
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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
2017
Legal Domicile
CA
Principal Officer
Philip Nguyen
Phone
4084186070
Tax Period
2024-01-01 to 2024-12-31

VIETNAMESE AMERICAN ROUNDTABLE, founded in 2017, is a small nonprofit in the Community Improvement sector that reported $450K in total revenue in fiscal year 2024. Revenue surged 83% from the prior year, signaling strong growth momentum. Expenses of $501K exceeded revenue, resulting in a 11% operating deficit.

Mission

The Vietnamese American Roundtable (VAR) envisions a strong and unified Vietnamese American community that works towards improving our quality of life. To this end, VAR focuses our mission to organize, advocate, and educate our community. We accomplish this through mobilization, advocacy, and education - mobilization through events and coalition building, advocacy through empowering and strategy, and education through panels, workshops and cultural events.

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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 $450,387
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $450,387

Expense Breakdown

Grants Paid $0
Salaries & Benefits $253,856
Fundraising Expenses $48,687
Program Expenses $366,423
Other Expenses $247,233
TOTAL EXPENSES $501,089

Year-over-Year Comparison

2024 2023 Change
Revenue $450,387 $246,752 +0.8%
Expenses $501,089 $378,452 +0.3%
Net Income $-50,702 $-131,700 -0.6%
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

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Governance

Voting Members
10
Independent Members
10
Employees
5
Volunteers
250

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
5
$98,654
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Philip Nguyen Executive Director 40
Officer
$98,654 $0 $98,654
Christine Pham Boardmember 0
Director
$0 $0 $0
Huy Tran Boardmember 0
Director
$0 $0 $0
Alicia Luong Boardmember 0
Director
$0 $0 $0
Mimi Nguyen Boardmember 0
Director
$0 $0 $0
Linda Nguyen Secretary 0
Officer Director
$0 $0 $0
Cindy Nguyen Boardmember 0
Director
$0 $0 $0
Isabella Luong Treasurer 0
Officer Director
$0 $0 $0
Christina Johnson President 0
Officer Director
$0 $0 $0
Atkinson Tran Vice President 0
Officer 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 $450,387 $501,089 $393,688 $-50,702
2023 $246,752 $378,452 $444,390 $-131,700
2022 $283,568 $274,954 $576,090 $8,614
2021 $494,781 $115,224 $567,476 $379,557
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