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 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.

Program Service Accomplishments

Program 1
Expenses: $49,745 Revenue: $66,687

Working Partnerships USA - Worker Education | As a part of the Fair Workplace Collaborative in service of the constituents of Santa Clara County, VAR organized monthly virtual and in person workers...

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Working Partnerships USA - Worker Education | As a part of the Fair Workplace Collaborative in service of the constituents of Santa Clara County, VAR organized monthly virtual and in person workers rights trainings for underprivileged employees and laborers. These trainings and other educational information provided resources regarding unlawful labor practices and were disseminated to over 2000 constituents over the course of the year

Program 2
Expenses: $40,969 Revenue: $37,478

COVID19 and Community Outreach | Sierra Health/CZI Grant | VAR partnered with a local community health center, along with other community-based organizations, to provide outreach, education, and...

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COVID19 and Community Outreach | Sierra Health/CZI Grant | VAR partnered with a local community health center, along with other community-based organizations, to provide outreach, education, and information regarding COVID-19 testing and vaccination equity. Weekly newsletters and bi-weekly ethnic radio shows were broadcast to distribute updates and information regarding welfare programs, food distribution, EDD/unemployment, and holistic care to community members that reached over 30,000 Facebook views and engagements via social media. As a part of our vaccine and testing equity campaign, we directed 100+ community members to get vaccinated, and distributed over 2000 COVID-19 rapid antigen tests at several cultural events.

Program 3
Expenses: $55,043 Revenue: $82,000

VAR's racial justice projects aim to amplify and uplift the histories, identities, narratives, and experiences of refugees, immigrants, and their descendants against the backdrop of social and racial...

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VAR's racial justice projects aim to amplify and uplift the histories, identities, narratives, and experiences of refugees, immigrants, and their descendants against the backdrop of social and racial inequity. The Student Engagement and Education for Development and Success (SEEDS) Summer Youth Program annually hosts 20-30 young local high school and collegiate leaders ages 14-24 to participate in project-based workshops and activities to identify civic and social issues and develop solutions for their communities. The Let's Be Rieu (Let's Be Real) Program is a monthly facilitated conversations on topics of racial justice (anti-AAPI hate, Black Lives Matter, political participation and representation) that has brought together inquiring youth to open up and share their thoughts on contemporary matters relevant to their experiences and identities. Com Gia Dinh is a hybrid anthological project in progress that aims to capture the narratives of community members across generations and languages through food and storytelling. The Com Gia Dinh Project aims to address the adverse impacts of anti-Asian hate and violence by collecting, compiling, and presenting the humanistic experiences of Asian American community members who call San Jose and Santa Clara County home.

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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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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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