Civic Intelligence

Vietnam Foundation

990EZ • Fiscal year 2015 • EIN 01-0905269

Jul 01, 2014 to Jun 30, 2015 • Filed on Jan 15, 2016

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

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

77th percentile

20%

Higher net margin than 77% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

80th percentile

$12,000

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 10.8% of source-year revenue.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

70th percentile

17%

Faster asset growth than 70% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

15th percentile

-34%

Faster revenue growth than 15% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$149,481

Up $22,158 (+17%) from 2014

Net Assets

Up

$149,481

Up $32,158 (+27%) from 2014

Liabilities

Down

$0

Down $10,000 (-100%) from 2014

Revenue

Down

$111,526

Down $57,547 (-34%) from 2014

Expenses

Down

$89,064

Down $27,932 (-24%) from 2014

Net Income

Down

$22,462

Down $29,615 (-57%) from 2014

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

2015

Assets$149,481
Liabilities$0
Net Assets$149,481

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

2015

Revenue$111,526
Expenses$89,064
Net Income$22,462
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Jan 15, 2016
Return Version
2014v6.0
Gross Receipts
$111,526
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.-$46,470
Provided assistance to handicapped students in local universities, and provided gifts to primary schools and orphanages. See Schedule O Supplemental Information for further detail.-$30,565
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.-$6,015
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.-$6,015
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Minh DoOer Program DirectorFT$12,000-$12,000
Ha NguyenOperations ManagerFT$8,400-$8,400
Cuong NguyenOer Technology ManagerFT$8,400-$8,400
Kien PhamPresidentPT$0--
H Ray GambleChairman-$0--
Julie ParkerTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Vietnam Foundation
EIN
01-0905269
Phone
2023342787
Address
500 Fifth Street NW, Washington, DC 20001

Signing Officer

Name
H Ray Gamble
Title
Chairman
Signed
2016-01-15
Discuss with paid preparer
Yes

Preparer

Firm
Roy D Carson CPA LLC
Address
776 Sonne Drive, Annapolis, MD 21401
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, including foreign grants 0, Program service expenses 6,015

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

Activity Award 50 scholarships for blind college students in HCMC, Grantee Various, Cash Grant 14,134, Relationship

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

Travel, lodging, and meals 2,538

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

Equipment 360

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

Techcombank card expenses 922

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

Bank fees 300

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

Foreign exchange loss -304

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

Loan from Kien Pham forgiven 10,000

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 0

Form 990-EZ, Part III, Line 28

Open Educational Resource OER Program In 2014 and 2015, after the successful launch of the new platform - Hanoi Spring, an advanced technology platform designed to allow the public to share teaching and learning materials and curriculum, we concentrated on maintaining and upgrading its technical functions to meet with higher demand of users, developing mobile app for Hanoi Spring, and building a module of QA bank www.pls.edu.vn. We also focused on expanding and developing community of users through our VOLT Alliance Vietnam Open Learning Technology and other channels like social networks. VOER has become a major portal for learners, students and teachers inside and outside of Vietnam. Every day, 30,000 to 50,000 visitors access VOER www.voer.edu.vn to contribute, 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. The Vietnam Foundation and its technology team in Hanoi played a leading role in the development, technology and framework for global OER. Every year, Vietnamese OER experts have been invited to many international and local conferences and seminars to share experience and lessons when implementing OER. We assisted a project by the Ministry of Education and Training to develop a repository of open course ware for foreign languages training.

Form 990-EZ, Part III, 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

We provided assistance to handicapped students especially blind students in local universities and schools. 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 undergraduate and graduate study. In 2014, VNF had 60 blind scholars who were excelling in college. Each scholarship amounted to 5 million Vietnamese dong, equivalent to USD 236. 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. Other awarding program is laptops for those who excel in schools. In 2014, 14 laptops were granted to the top scholars who met the requirement of GPA equal to or above 7.0. This support facilitated their study and research at school and improve their contact with the global community. Younger students at primary, secondary and high schools with blindness were also our targeted scholarship recipients. In 2014, VNF granted 50 scholarships to this group of students.

Form 990-EZ, Part III, 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 Appendix185 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, including foreign grants 0, Program service expenses 6,015
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Equipment 360
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Techcombank card expenses 922
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Loan from Kien Pham forgiven 10,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Due to Kien Pham for advance to pay scholarships from TPG Global prior to receipt of cash Beginning of year 10,000, End of year 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Open Educational Resource OER Program In 2014 and 2015, after the successful launch of the new platform - Hanoi Spring, an advanced technology platform designed to allow the public to share teaching and learning materials and curriculum, we concentrated on maintaining and upgrading its technical functions to meet with higher demand of users, developing mobile app for Hanoi Spring, and building a module of QA bank www.pls.edu.vn. We also focused on expanding and developing community of users through our VOLT Alliance Vietnam Open Learning Technology and other channels like social networks. VOER has become a major portal for learners, students and teachers inside and outside of Vietnam. Every day, 30,000 to 50,000 visitors access VOER www.voer.edu.vn to contribute, 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. The Vietnam Foundation and its technology team in Hanoi played a leading role in the development, technology and framework for global OER. Every year, Vietnamese OER experts have been invited to many international and local conferences and seminars to share experience and lessons when implementing OER. We assisted a project by the Ministry of Education and Training to develop a repository of open course ware for foreign languages training.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Institutional 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/ExplanationTxt11We provided assistance to handicapped students especially blind students in local universities and schools. 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 undergraduate and graduate study. In 2014, VNF had 60 blind scholars who were excelling in college. Each scholarship amounted to 5 million Vietnamese dong, equivalent to USD 236. 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. Other awarding program is laptops for those who excel in schools. In 2014, 14 laptops were granted to the top scholars who met the requirement of GPA equal to or above 7.0. This support facilitated their study and research at school and improve their contact with the global community. Younger students at primary, secondary and high schools with blindness were also our targeted scholarship recipients. In 2014, VNF granted 50 scholarships to this group of students.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Educational 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 20, Net Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part I, Line 20, Net Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part II, Line 26, Liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part III, Line 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990-EZ, Part III, Line 29
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990-EZ, Part III, Line 30
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990-EZ, Part III, Line 31
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ReturnHeader/PreparerPersonGrp/PhoneNum04105735558
ReturnHeader/PreparerPersonGrp/PreparationDt02016-01-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Roy D Carson CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-01-15T10:45:02-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

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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
2015Detailed filing. Detailed filing data is available for this year.$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