Civic Intelligence

Vietnam Foundation

990EZ • Fiscal year 2014 • EIN 01-0905269

Jul 01, 2013 to Jun 30, 2014 • Filed on Feb 12, 2015

500 Fifth Street NWWashington, DC 20001

(202) 334-2787

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

75th percentile

0.08x

Higher debt load relative to assets than 75% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

77th percentile

0.06x

Higher debt load relative to revenue than 77% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

85th percentile

31%

Higher net margin than 85% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

88th percentile

70%

Faster asset growth than 88% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

90th percentile

79%

Faster revenue growth than 90% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$127,323

Up $52,244 (+70%) from 2013

Net Assets

Up

$117,323

Up $52,244 (+80%) from 2013

Liabilities

Flat

$10,000

Flat from 2013

Revenue

Up

$169,073

Up $74,368 (+79%) from 2013

Expenses

Up

$116,996

Up $2,371 (+2.1%) from 2013

Net Income

Up

$52,077

Up $71,997 (+361%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2010: $103,211Net Assets 2010: $103,2112010Assets 2011: $54,138Liabilities 2011: $02011Assets 2012: $95,052Liabilities 2012: $02012Assets 2013: $75,079Liabilities 2013: $10,000Net Assets 2013: $65,0792013Assets 2014: $127,323Liabilities 2014: $10,000Net Assets 2014: $117,3232014Assets 2015: $149,481Liabilities 2015: $0Net Assets 2015: $149,4812015Assets 2016: $165,080Liabilities 2016: $0Net Assets 2016: $165,0802016Assets 2017: $244,195Liabilities 2017: $0Net Assets 2017: $244,1952017Assets 2018: $268,668Liabilities 2018: $0Net Assets 2018: $268,6682018Assets 2019: $281,670Liabilities 2019: $0Net Assets 2019: $281,6702019Assets 2020: $299,269Liabilities 2020: $0Net Assets 2020: $299,2692020Assets 2021: $324,206Liabilities 2021: $0Net Assets 2021: $324,2062021Assets 2022: $614,622Liabilities 2022: $0Net Assets 2022: $614,6222022Assets 2023: $712,917Liabilities 2023: $0Net Assets 2023: $712,9172023Assets 2024: $524,628Liabilities 2024: $0Net Assets 2024: $524,6282024Assets 2025: $264,571Net Assets 2025: $264,5712025

Highlighted filing

2014

Assets$127,323
Liabilities$10,000
Net Assets$117,323

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200K-$400KRevenue 2010: $102,873Expenses 2010: $32,812Net Income 2010: $70,0612010Revenue 2011: $102,111Expenses 2011: $150,826Net Income 2011: -$48,7152011Revenue 2012: $143,260Expenses 2012: $102,138Net Income 2012: $41,1222012Revenue 2013: $94,705Expenses 2013: $114,625Net Income 2013: -$19,9202013Revenue 2014: $169,073Expenses 2014: $116,996Net Income 2014: $52,0772014Revenue 2015: $111,526Expenses 2015: $89,064Net Income 2015: $22,4622015Revenue 2016: $273,224Expenses 2016: $257,685Net Income 2016: $15,5392016Revenue 2017: $300,370Expenses 2017: $224,407Net Income 2017: $75,9632017Revenue 2018: $217,323Expenses 2018: $192,850Net Income 2018: $24,4732018Revenue 2019: $235,447Expenses 2019: $222,578Net Income 2019: $12,8692019Revenue 2020: $212,935Expenses 2020: $195,205Net Income 2020: $17,7302020Revenue 2021: $165,684Expenses 2021: $140,347Net Income 2021: $25,3372021Revenue 2022: $408,369Expenses 2022: $118,393Net Income 2022: $289,9762022Revenue 2023: $329,097Expenses 2023: $224,814Net Income 2023: $104,2832023Revenue 2024: $81,489Expenses 2024: $270,201Net Income 2024: -$188,7122024Revenue 2025: $110,736Expenses 2025: $370,165Net Income 2025: -$259,4292025

Highlighted filing

2014

Revenue$169,073
Expenses$116,996
Net Income$52,077
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Feb 12, 2015
Return Version
2013v4.0
Gross Receipts
$169,073
Mission and Program Overview

Mission

The vietnam foundation is dedicated to improving the lives of the vietnamese people through education by supporting educational training programs and integrating technology innovation. The vietnam foundation working with the u.s. National academies brings the expertise of the u.s. Academic community to assist vietnam in the field of education.

Conduct educational activities to improve the lives of the Vietnamese people.

Program Services

DescriptionGrantsExpenses
Open Educational Resource OER Program to provide online source of teaching and learning materials for Vietnamese users free of charge. See Schedule O Supplemental Information for further detail.-$60,143
Provided assistance to handicapped students in local universities, and provided gifts to primary schools and orphanages. See Schedule O Supplemental Information for further detail.$27,521$37,651
Institutional Linkage Program to establish contacts and exchanges between U. S. universities and educational entities in Vietnam. See Schedule O Supplemental Information for further detail.-$9,601
Educational Advisory Program Assisted numerous Vietnamese students in large and small groups in their efforts to understand the U.S. educational system and search for a suitable school. See Schedule O Supplemental Information for further detail.-$9,601
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kien PhamPresidentPT$0--
H Ray GambleChairman-$0--
Julie ParkerTreasurer-$0--
Asha SoutarSecretary-$0--
Filing and Contact Details

Filer

EIN
01-0905269
Phone
2023342787

Signing Officer

Name
H Ray Gamble
Title
Chairman
Signed
2015-02-12
Discuss with paid preparer
Yes

Preparer

Preparer
Roy D Carson CPA
Phone
4105735558
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part III, Line 31

Educational Advisory Program Assisted numerous Vietnamese students in large and small groups in their efforts to understand the U.S. educational system and search for a suitable school. See Schedule O Supplemental Information for further detail.Grants and allocations 0, Program service expenses 9,601

Form 990-EZ, Part I, Line 10, Grants Paid

Activity Donate 66 scholarships for blind college students in HCMC, Grantee Various, Cash Grant 15,658, Relationship

Form 990-EZ, Part I, Line 16, Other Expenses

Travel, lodging, and meals 12,241

Form 990-EZ, Part I, Line 16, Other Expenses

Equipment 912

Form 990-EZ, Part I, Line 16, Other Expenses

Vonage phone fees 72

Form 990-EZ, Part I, Line 16, Other Expenses

Conference fees 237

Form 990-EZ, Part I, Line 16, Other Expenses

Office expense 2,122

Form 990-EZ, Part I, Line 16, Other Expenses

Techcombank card expenses 1,227

Form 990-EZ, Part I, Line 16, Other Expenses

Bank fees 421

Form 990-EZ, Part I, Line 20, Net Assets

Foreign exchange gain 167

Form 990-EZ, Part II, Line 26, Liabilities

Due to Kien Pham for advance to pay scholarships from TPG Global prior to receipt of cash Beginning of year 10,000, End of year 10,000

Form 990-EZ, Part III, Line 28

Program 1, line 28 Open Educational Resource OER Program In 2013 and 2014, we devoted a major amount of time and resources to building an educational platform for Vietnamese users to contribute to and to download teaching and learning materials free of charge. As a result, in March 2014, VNF officially launched Hanoi Spring, a new online educational resource system. Hanoi Spring is an advanced technology platform designed to allow the public to share teaching and learning materials and curriculum development. It is based on the concept of open educational resources OER.

Form 990-EZ, Part III, Line 28

Program 1, line 28 contd Under the management of VNF, the Vietnam Open Educational Resources VOER has become a major portal for students and teachers inside and outside of Vietnam. Every day, more than 30,000 visitors access VOER www.voer.edu.vn to research and download materials. 90 of them are domestic users and the rest are international visitors from the US, Germany, India, Russia, Japan, and other countries. There are more than 21,000 knowledge modules from more than 3,700 contributing authors. The number of mobile device users is increasing rapidly, reaches 20 of total users. We are adding mobile functionalities and social network features into Hanoi Spring to support users. There are 205 entities joining VOER to become member of the VOLT Alliance Vietnam Open Learning Technology. They include universities, research institutes, companies, and non-profit organizations.

Form 990-EZ, Part III, Line 28

Program 1, line 28 contd The Vietnam Foundation and its technology team in Hanoi play a leading role in the development, technology and framework for global OER. Vietnamese OER experts have been invited to Paris to advise UNESCO on its OER policy recommendations, and they have traveled to other countries to help educational institutions implement OER programs.

Form 990-EZ, Part III, Line 29

Program 2, line 29 Institutional Linkage Program We continued to maintain and strengthen ties between US universities and Vietnamese institutions. We provided assistance to a significant number of faculties from U.S. universities including Stanford University, the University of California in Irvine, the University of California in San Diego, to establish contacts and exchanges with suitable educational entities in Vietnam.

Form 990-EZ, Part III, Line 30

Program 3, line 30 We provided assistance to handicapped students in local universities and schools and gave financial aid to build a kinder-garden school in a mountainous province.

Form 990-EZ, Part III, Line 30

Program 3, line 30 contd VNF scholarship program for blind college students named Sunflower Scholarship in Ho Chi Minh City HCMC became an annual, traditional and well-recognized scholarship program since its establishment in 2008. The scholarship program was established to financially support and award blind students in HCMC who were pursuing college study. The number of scholarship recipients continued to rise each year. In 2013, VNF had 66 blind scholars who were excelling in college. Each scholarship amounted to 5 million Vietnamese dong, equivalent to USD 238. Most of the scholarship recipients were from underprivileged families in central and Southern provinces, and some of their parents were dioxin-affected by the wars. However, they all shared a desire to purse higher education for a better future. Many of them chose to study pedagogy, psychological counseling, and music.

Form 990-EZ, Part III, Line 30

Program 3, line 30 contd The laptops for top performers in the program have also grown with a larger number of scholarship recipients. In 2013, 11 laptops were granted to the top scholars who met the requirement of GPA equal to or above 4.0. This support facilitated their study and research at school and improve their contact with the global community.

Form 990-EZ, Part III, Line 30

Program 3, line 30 contd Younger students at primary, secondary and high schools with blindness were also our targeted scholarship recipients. In 2003, VNF granted 50 scholarships to this group of students.

Form 990-EZ, Part III, Line 30

Program 3, line 30 contd Following our school building project in remote mountainous areas, in April 2014, we contributed USD 4,750 to help build a kinder-garden school in Bac Quang, Ha Giang Province.

Form 990-EZ, Part III, Line 31

Program 4, line 31 Educational Advisory Program We assisted numerous Vietnamese students in large and small groups in their efforts to understand the U.S. educational system and search for a suitable school. We participated in local forums and seminars to provide knowledge.

Raw XML Appendix205 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Educational Advisory Program Assisted numerous Vietnamese students in large and small groups in their efforts to understand the U.S. educational system and search for a suitable school. See Schedule O Supplemental Information for further detail.Grants and allocations 0, Program service expenses 9,601
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Activity Donate 66 scholarships for blind college students in HCMC, Grantee Various, Cash Grant 15,658, Relationship
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel, lodging, and meals 12,241
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Equipment 912
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Vonage phone fees 72
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Conference fees 237
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Office expense 2,122
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Techcombank card expenses 1,227
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Bank fees 421
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Due to Kien Pham for advance to pay scholarships from TPG Global prior to receipt of cash Beginning of year 10,000, End of year 10,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Program 1, line 28 Open Educational Resource OER Program In 2013 and 2014, we devoted a major amount of time and resources to building an educational platform for Vietnamese users to contribute to and to download teaching and learning materials free of charge. As a result, in March 2014, VNF officially launched Hanoi Spring, a new online educational resource system. Hanoi Spring is an advanced technology platform designed to allow the public to share teaching and learning materials and curriculum development. It is based on the concept of open educational resources OER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Program 1, line 28 contd Under the management of VNF, the Vietnam Open Educational Resources VOER has become a major portal for students and teachers inside and outside of Vietnam. Every day, more than 30,000 visitors access VOER www.voer.edu.vn to research and download materials. 90 of them are domestic users and the rest are international visitors from the US, Germany, India, Russia, Japan, and other countries. There are more than 21,000 knowledge modules from more than 3,700 contributing authors. The number of mobile device users is increasing rapidly, reaches 20 of total users. We are adding mobile functionalities and social network features into Hanoi Spring to support users. There are 205 entities joining VOER to become member of the VOLT Alliance Vietnam Open Learning Technology. They include universities, research institutes, companies, and non-profit organizations.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Program 1, line 28 contd The Vietnam Foundation and its technology team in Hanoi play a leading role in the development, technology and framework for global OER. Vietnamese OER experts have been invited to Paris to advise UNESCO on its OER policy recommendations, and they have traveled to other countries to help educational institutions implement OER programs.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14Program 2, line 29 Institutional Linkage Program We continued to maintain and strengthen ties between US universities and Vietnamese institutions. We provided assistance to a significant number of faculties from U.S. universities including Stanford University, the University of California in Irvine, the University of California in San Diego, to establish contacts and exchanges with suitable educational entities in Vietnam.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Program 3, line 30 We provided assistance to handicapped students in local universities and schools and gave financial aid to build a kinder-garden school in a mountainous province.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16Program 3, line 30 contd VNF scholarship program for blind college students named Sunflower Scholarship in Ho Chi Minh City HCMC became an annual, traditional and well-recognized scholarship program since its establishment in 2008. The scholarship program was established to financially support and award blind students in HCMC who were pursuing college study. The number of scholarship recipients continued to rise each year. In 2013, VNF had 66 blind scholars who were excelling in college. Each scholarship amounted to 5 million Vietnamese dong, equivalent to USD 238. Most of the scholarship recipients were from underprivileged families in central and Southern provinces, and some of their parents were dioxin-affected by the wars. However, they all shared a desire to purse higher education for a better future. Many of them chose to study pedagogy, psychological counseling, and music.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Program 3, line 30 contd The laptops for top performers in the program have also grown with a larger number of scholarship recipients. In 2013, 11 laptops were granted to the top scholars who met the requirement of GPA equal to or above 4.0. This support facilitated their study and research at school and improve their contact with the global community.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18Program 3, line 30 contd Younger students at primary, secondary and high schools with blindness were also our targeted scholarship recipients. In 2003, VNF granted 50 scholarships to this group of students.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19Program 3, line 30 contd Following our school building project in remote mountainous areas, in April 2014, we contributed USD 4,750 to help build a kinder-garden school in Bac Quang, Ha Giang Province.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20Program 4, line 31 Educational Advisory Program We assisted numerous Vietnamese students in large and small groups in their efforts to understand the U.S. educational system and search for a suitable school. We participated in local forums and seminars to provide knowledge.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part III, Line 31
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 10, Grants Paid
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part I, Line 20, Net Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990-EZ, Part II, Line 26, Liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990-EZ, Part III, Line 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990-EZ, Part III, Line 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990-EZ, Part III, Line 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990-EZ, Part III, Line 29
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990-EZ, Part III, Line 30
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990-EZ, Part III, Line 30
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990-EZ, Part III, Line 30
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990-EZ, Part III, Line 30
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Form 990-EZ, Part III, Line 30
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20Form 990-EZ, Part III, Line 31
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0H Ray Gamble
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-02-12
ReturnHeader/Filer/BusinessName/BusinessNameLine10Vietnam Foundation
ReturnHeader/Filer/BusinessNameControlTxt0VIET
ReturnHeader/Filer/EIN0010905269
ReturnHeader/Filer/PhoneNum02023342787
ReturnHeader/Filer/USAddress/AddressLine10500 Fifth Street NW
ReturnHeader/Filer/USAddress/City0Washington
ReturnHeader/Filer/USAddress/State0DC
ReturnHeader/Filer/USAddress/ZIPCode020001
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10Roy D Carson CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10776 Sonne Drive
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0Annapolis
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode021401
ReturnHeader/PreparerPersonGrp/PhoneNum04105735558
ReturnHeader/PreparerPersonGrp/PreparationDt02015-02-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Roy D Carson CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02015-02-12T08:20:02-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02013-07-01
ReturnHeader/TaxPeriodEndDt02014-06-30
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.65$2.65$1.11$3.70$2.59
2024Detailed filing. Detailed filing data is available for this year.$5.25$0.00$5.25$0.81$2.70$1.89
2023Detailed filing. Detailed filing data is available for this year.$7.13$0.00$7.13$3.29$2.25$1.04
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.15$0.00$6.15$4.08$1.18$2.90
2021Detailed filing. Detailed filing data is available for this year.$3.24$0.00$3.24$1.66$1.40$0.25
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.99$0.00$2.99$2.13$1.95$0.18
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.82$0.00$2.82$2.35$2.23$0.13
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.69$0.00$2.69$2.17$1.93$0.24
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.44$0.00$2.44$3.00$2.24$0.76
2016Detailed filing. Detailed filing data is available for this year.$1.65$0.00$1.65$2.73$2.58$0.16
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.49$0.00$1.49$1.12$0.89$0.22
2014Detailed filing. Detailed filing data is available for this year.$1.27$0.10$1.17$1.69$1.17$0.52
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$0.10$0.65$0.95$1.15$0.20
2012Summary only. Only limited summary data is available for this year.$0.95$0.00$1.43$1.02$0.41
2011Summary only. Only limited summary data is available for this year.$0.54$0.00$1.02$1.51$0.49
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.03$1.03$1.03$0.33$0.70