VIETNAMESE AMERICAN FOR MUTUAL ASSISTANCE AND SERVICE INC (EIN 841664858) - Form 990 Financial Analysis & Trantor Score

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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

2004

Legal Domicile

Phone

9722769933

Tax Period

2024-01-01 to 2024-12-31

VIETNAMESE AMERICAN FOR MUTUAL ASSISTANCE AND SERVICE INC, founded in 2004, is a small nonprofit in the Human Services sector that reported $210K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year.

Mission

VAMAS is a non-profit organization that works to provide the social needs (health, education, nutrition, and financial assistance for funeral expenses) for the low-income people living in the Dallas/Fortworth communities and other public charities as needed

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $20,459

Program Service Revenue $189,251

Investment Income $0

Other Revenue $0

TOTAL REVENUE $209,710

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $214,988

Other Expenses $41,650

TOTAL EXPENSES $214,988

Year-over-Year Comparison

	2024	2023	Change
Revenue	$209,710	$221,209	-0.1%
Expenses	$214,988	$222,024	0.0%
Net Income	$-5,278	$-815	+5.5%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Linda Trang DO	Director of PR, Social and Health Services	2	Director	$0	$0	$0
Dan Dao	Director of Education	1	Director	$0	$0	$0
Dziem Nguyen	Vice Chairman	2	Director	$0	$0	$0
Dich G HoANG	Chairman	8	Director	$0	$0	$0
Hoa Q Nguyen	Treasurer/Secretary	6	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	$209,710	$214,988	$386,047	$-5,278
2023	$221,209	$222,024	$433,221	$-815
2022	$303,361	$289,219	$434,035	$14,142
2021	$393,050	$318,664	$407,532	$74,386
2020	$335,946	$285,526	$333,146	$50,420
2019	$295,443	$232,206	$282,700	$63,237
2018	$222,856	$172,021	$219,465	$50,835

VIETNAMESE AMERICAN FOR MUTUAL ASSISTANCE AND SERVICE INC