TONG HOI CSQG - VNCH

EIN: 934249395 501(c)(3) Public & Societal Benefit

MILPITAS, CA

Total Revenue
$44,265
Total Expenses
$41,016
Total Assets
$5,632
Net Assets
$5,632
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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
2023
Legal Domicile
CA
Tax Period
2024-01-01 to 2024-12-31

TONG HOI CSQG - VNCH, founded in 2023, is a micro nonprofit in the Public & Societal Benefit sector that reported $44K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. Expenses of $41K left a modest 7% surplus.

Mission

HELP OTHER UNFORTUNATED VIETNAMESE SOLDERS AND THEIR FAMILIES STILL IN VIETNAM, WHO BECAME HANDICAPS DURING THE WAR OR DIE DURING THE WAR OR IN PRISON.

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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 $44,265
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $44,265

Expense Breakdown

Grants Paid $33,856
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $41,016
Other Expenses $7,160
TOTAL EXPENSES $41,016

Year-over-Year Comparison

2024 2023 Change
Revenue $44,265 $46,656 -0.1%
Expenses $41,016 $44,273 -0.1%
Net Income $3,249 $2,383 +0.4%
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
5
Independent Members
5
Employees
N/A
Volunteers
5

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
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID THAI CEO 0.00
Officer
$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 $44,265 $41,016 $5,632 $3,249
2023 $46,656 $44,273 $2,383 $2,383
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