VIETNAMESE AMERICAN ORGANIZATION - VAO

EIN: 834209351 501(c)(3) Arts, Culture & Humanities

San Jose, CA

Total Revenue
$299,478
Total Expenses
$223,058
Total Assets
$164,336
Net Assets
$164,198
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
CA
Principal Officer
Quyen Mai
Phone
4088001230
Tax Period
2023-01-01 to 2023-12-31

VIETNAMESE AMERICAN ORGANIZATION - VAO, founded in 2019, is a small nonprofit in the Arts, Culture & Humanities sector that reported $299K in total revenue in fiscal year 2023. The organization ran a surplus of $76K, a strong 26% operating margin.

Mission

VAO | Vietnamese American Organization's mission is to empower individuals to actively engage, learn, and take the lead in strengthening the local community through social service, education, leadership, and cultural activities, all while steadfastly promoting diversity, equity, and inclusion. We are dedicated to providing comprehensive support and resources that uplift individuals, families, and the community as a whole. Our programs and services aim to promote learning, personal growth, and the development of leadership skills. Additionally, we celebrate and honor the rich cultural diversity within our community.

Program Service Accomplishments

Program 1
Expenses: $165,238 Revenue: $0

COMMUNITY OUTREACH & ENGAGEMENT. VAO offers a range of services to help organizations and agencies achieve their goals and deliverables. One of our core strengths lies in community engagement...

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COMMUNITY OUTREACH & ENGAGEMENT. VAO offers a range of services to help organizations and agencies achieve their goals and deliverables. One of our core strengths lies in community engagement, outreach, and participant recruitment. By leveraging our expertise and resources, we can assist you in connecting with the Vietnamese community and recruiting participants for various programs and initiatives.

Program 2
Expenses: $0 Revenue: $0

ORGANIZING & ADVOCACY. VAO continually strives to advancement and uplifting of our community. We engage, promote and advocate social issues, civic and health awareness through organized events and...

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ORGANIZING & ADVOCACY. VAO continually strives to advancement and uplifting of our community. We engage, promote and advocate social issues, civic and health awareness through organized events and collaborative activities with local nonprofit partners, government and public agencies.

Program 3
Expenses: $0 Revenue: $0

LANGUAGE & CULTURE. With extensive experience, subject matter expertise, language support and resources, you can entrust us with the translation of important legal, time-sensitive documents knowing...

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LANGUAGE & CULTURE. With extensive experience, subject matter expertise, language support and resources, you can entrust us with the translation of important legal, time-sensitive documents knowing that we will accurately and precisely translate your documents. We deliver unmatched quality projects in a timely manner and efficiently meet stringent deadlines. Our professionalism and dependability set us apart from the rest. VAO is your top choice for all of your proofreading, translation and localization services needs. Let us be your trusted partner in this important step of getting closer to the Vietnamese community. We know the culture, we know the people, and we know the community.

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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 (2023)

Revenue Breakdown

Contributions & Grants $250,945
Program Service Revenue $48,033
Investment Income $0
Other Revenue $500
TOTAL REVENUE $299,478

Expense Breakdown

Grants Paid $533
Salaries & Benefits $32,890
Fundraising Expenses $0
Program Expenses $165,238
Other Expenses $189,635
TOTAL EXPENSES $223,058

Year-over-Year Comparison

2023 2022 Change
Revenue $299,478 N/A N/A
Expenses $223,058 N/A N/A
Net Income $76,420 $0 N/A
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
4
Independent Members
N/A
Employees
N/A
Volunteers
100

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
$23,209
Total Directors
3
$0
Key Employees
1
$23,209
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Quyen Mai Executive Director 8
Officer Key Emp
$23,209 $0 $23,209
Dat Nguyen Boardmember 1
Director
$0 $0 $0
Tracy Nguyen Boardmember 1
Director
$0 $0 $0
TheAnh Truong Boardmember 1
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 No data No data No data No data
2023 $299,478 $223,058 $164,336 $76,420
2023 $299,478 $223,058 $164,336 $76,420
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