Civic Intelligence

Vietnamese American Initiative for Development Inc.

990 • Fiscal year 2015 • EIN 04-3289039

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 16, 2016

Organization ProfileWWW.VIETAID.ORG

View Organization Page

42 Charles Street No EDorchester, MA 02122

(617) 822-3717

Siviq Scores

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

Liabilities / Assets

60th percentile

0.29x

Higher debt load relative to assets than 60% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

77th percentile

0.74x

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

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

72nd percentile

12%

Higher net margin than 72% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

29th percentile

$73,695

Higher top officer pay than 29% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

77th percentile

11%

Faster asset growth than 77% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

89th percentile

47%

Faster revenue growth than 89% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$5,258,607

Up $532,698 (+11%) from 2014

Net Assets

Up

$3,753,561

Up $252,299 (+7.2%) from 2014

Liabilities

Up

$1,505,046

Up $280,399 (+23%) from 2014

Revenue And Expenses
Liabilities / Revenue77th percentileNet Margin72nd percentile

Revenue

Up

$2,032,341

Up $650,269 (+47%) from 2014

Expenses

Down

$1,780,042

Down $15,268 (-0.9%) from 2014

Net Income

Up

$252,299

Up $665,537 (+161%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth77th percentile

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

$10M$5.0M$0Assets 2010: $4,527,455Liabilities 2010: $1,068,239Net Assets 2010: $3,459,2162010Assets 2011: $4,399,544Liabilities 2011: $726,329Net Assets 2011: $3,673,2152011Assets 2012: $4,818,907Liabilities 2012: $913,369Net Assets 2012: $3,905,5382012Assets 2013: $4,648,001Liabilities 2013: $733,501Net Assets 2013: $3,914,5002013Assets 2014: $4,725,909Liabilities 2014: $1,224,647Net Assets 2014: $3,501,2622014Assets 2015: $5,258,607Liabilities 2015: $1,505,046Net Assets 2015: $3,753,5612015Assets 2016: $6,120,599Liabilities 2016: $1,792,546Net Assets 2016: $4,328,0532016Assets 2017: $4,547,649Liabilities 2017: $892,939Net Assets 2017: $3,654,7102017Assets 2018: $4,191,322Liabilities 2018: $1,127,187Net Assets 2018: $3,064,1352018Assets 2019: $4,352,716Liabilities 2019: $1,794,160Net Assets 2019: $2,558,5562019Assets 2020: $5,246,221Liabilities 2020: $1,989,090Net Assets 2020: $3,257,1312020Assets 2021: $5,524,818Liabilities 2021: $1,857,350Net Assets 2021: $3,667,4682021Assets 2022: $5,585,930Liabilities 2022: $2,083,610Net Assets 2022: $3,502,3202022Assets 2023: $6,572,826Liabilities 2023: $3,313,074Net Assets 2023: $3,259,7522023Assets 2024: $8,237,266Liabilities 2024: $4,797,496Net Assets 2024: $3,439,7702024

Highlighted filing

2015

Assets$5,258,607
Liabilities$1,505,046
Net Assets$3,753,561
Open 2015 Filing

Operations Trend

Revenue Growth89th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $1,420,2272010Expenses 2011: $1,708,4322011Expenses 2012: $2,757,9282012Revenue 2013: $1,957,554Expenses 2013: $1,948,592Net Income 2013: $8,9622013Revenue 2014: $1,382,072Expenses 2014: $1,795,310Net Income 2014: -$413,2382014Revenue 2015: $2,032,341Expenses 2015: $1,780,042Net Income 2015: $252,2992015Revenue 2016: $1,942,920Expenses 2016: $1,594,529Net Income 2016: $348,3912016Revenue 2017: $1,282,912Expenses 2017: $1,876,991Net Income 2017: -$594,0792017Revenue 2018: $1,216,568Expenses 2018: $1,807,143Net Income 2018: -$590,5752018Revenue 2019: $1,143,845Expenses 2019: $1,649,424Net Income 2019: -$505,5792019Revenue 2020: $2,901,778Expenses 2020: $2,203,203Net Income 2020: $698,5752020Revenue 2021: $2,891,262Expenses 2021: $2,480,925Net Income 2021: $410,3372021Revenue 2022: $1,939,615Expenses 2022: $2,104,763Net Income 2022: -$165,1482022Revenue 2023: $2,398,830Expenses 2023: $2,641,398Net Income 2023: -$242,5682023Revenue 2024: $2,041,022Expenses 2024: $1,861,004Net Income 2024: $180,0182024

Highlighted filing

2015

Revenue$2,032,341
Expenses$1,780,042
Net Income$252,299
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 16, 2016
Return Version
2014v6.0
Gross Receipts
$2,058,915
Mission and Program Overview

Mission

Vietnamese american initiative for development, inc. Was founded in 1994 as a grassroots community development corporation. The mission of the organization is to build a strong vietnamese american community and a vibrant fields corner neighborhood. The four basic goals of the mission are: to increase civic participation, promote economic development and self sufficiency, to build affordable housing for residents in fields corner and the greater dorchester area and to foster youth leadership.

The vietnamese american initiative for development, inc. Was founded in 1994 as a grassroots community development corporation. The mission of the organization is to build a strong vietnamese american community in boston. The four basic goals of the mission are: to increase civic participation, promote economic development and self sufficiency, to build affordable housing for residents and to foster youth leadership.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,607,986$3,456,225▼ $151,761
Cash and Non-Interest-Bearing Accounts$179,657$419,662▲ $240,005
Accounts Receivable$175,848$227,974▲ $52,126
Prepaid Expenses and Deferred Charges$23,330$22,371▼ $959
Total Assets$4,725,909$5,258,607▲ $532,698
Other Assets Total$739,088$1,132,375▲ $393,287
Liabilities
Mortgage Notes Payable Secured by Investment Property$881,559$1,190,127▲ $308,568
Accounts Payable and Accrued Expenses$167,280$152,490▼ $14,790
Other Liabilities$169,025$140,958▼ $28,067
Deferred Revenue$6,783$15,855▲ $9,072
Escrow Account Liability-$5,616-
Total Liabilities$1,224,647$1,505,046▲ $280,399
Net Assets / Fund Balance
Unrestricted Net Assets$3,432,342$3,671,788▲ $239,446
Temporarily Rstr Net Assets$68,920$81,773▲ $12,853
Total Net Assets Fund Balance$3,501,262$3,753,561▲ $252,299
Total Liabilities and Net Assets / Fund Balance$4,725,909$5,258,607▲ $532,698

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,233,651$1,492,037$4,725,688
Other Land Buildings$52,574$174,157$226,731
Land$170,000-$170,000
Other Assets Org$32,392--
Compensation and Service Providers
Top Officer Pay29th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nam Van PhamExecutive Director (thru Jan 2015)FT$72,039$1,656$73,695
Van Pt LeMember/interim Ed (jan - June 2015)FT$36,187-$36,187

Board Members and Trustees

NameTitle
Kim ThaiCo-chair
Kevin DolePresident
Kerry McgowanClerk
Alkia PowellMember
Dzung NguyenMember
Gary FrenchMember
Huong PhanMember
Julien PhamMember
Lisette T LeMember
Lynette FrazierMember
Nho TruongMember
Raemi Amanda WoodMember
Nhat LeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,284,461
Program Service Revenue
$768,760
Investment Income
$1,208
Other Revenue
$-22,088
All Other Contributions
$348,313
Change in Net Assets
$252,299
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$914,545
Salaries, Compensation, and Employee Benefits$865,497
Total Fundraising Expense$33,508
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$617,154$42,926-$660,080
Depreciation Depletion$115,819$38,034-$153,853
Fees for Services Other$113,809$27,708$7,442$148,959
Occupancy$117,533$5,184-$122,717
Current Officers, Directors, Trustees, and Key Employees$70,683$17,849$21,349$109,881
Payroll Taxes$66,922$4,603$1,196$72,721
Travel$44,951$20-$44,971
Fees for Services Accounting-$36,754-$36,754
Other Expenses$25,977$4,757$839$25,977
All Other Expenses$17,916$7,563$83$25,562
Office Expenses$19,963$2,834$2,069$24,866
Other Employee Benefits$20,907$1,871$37$22,815
Advertising$9,844$940$297$11,081
Information Technology$7,165$2,873$196$10,234
Fees for Services Legal-$4,256-$4,256
Total Functional Expenses$1,548,362$198,172$33,508$1,780,042
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$23,416
Fundraising Gross Income$1,328
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$77,449$1,328$22,088$-20,760
Total Events$77,449$1,328$23,416$-22,088
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Affiliates$140,958
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

“The board of directors will review the 990 and approve the 990 before it is finalized and filed with the irs.”

Form 990, Part VI, Section B, Line 12C

“The board is asked annually to verify/confirm that there are no new conflicts of interest.”

Form 990, Part VI, Section B, Line 15

“The board of directors reviews annual compensation of other executive directors in similar sized organizations. The organization reviews annual compensation for all staff and compares to other similar sized organizations. Employees have an annual performance review process.”

Form 990, Part VI, Section C, Line 19

“The orgnization's governing documents, conflict of interst policy and financial statements are available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Vietnamese American Initiative for
EIN
04-3289039
Phone
6178223717
Address
42 CHARLES STREET NO E, DORCHESTER, MA 02122

Signing Officer

Name
Hue Pham
Title
Executive Director
Phone
6178223717
Signed
2016-02-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Hue Pham
Formed
1994
Legal Domicile
Ma
Voting Board Members
14
Independent Board Members
13
Employees
32
Volunteers
5

Preparer

Firm
Kevin P Martin Associates Pc
Address
10 FORBES WEST, BRAINTREE, MA 02184
Preparer
Kenneth Davin CPA
Phone
7813803520
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 2B:

“The organization held $5,616 in security deposits for the year ending june 30, 2015.”

PART X, LINE 2:

“Gaap prescribes a recognition threshold and measurement attribute for consolidated financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. For the year ended june 30, 2015, the agency has determined that it has not taken any tax positions which would result in an uncertainty requiring recognition in the accompanying consolidated financial statements. The agency recognizes interest and penalties, if any, related to unrecognized tax benefits in interest expense. There were no interest or penalties for the year ended june 30, 2015. Generally, the agency's information/tax returns remain open for possible federal income tax examination for three years after the filing date. The agency is not currently under examination by any taxing jurisdiction.”

Raw XML AppendixShowing 400 of 682 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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IRS990/ActivityOrMissionDesc0THE VIETNAMESE AMERICAN INITIATIVE FOR DEVELOPMENT, INC. WAS FOUNDED IN 1994 AS A GRASSROOTS COMMUNITY DEVELOPMENT CORPORATION. THE MISSION OF THE ORGANIZATION IS TO BUILD A STRONG VIETNAMESE AMERICAN COMMUNITY IN BOSTON. THE FOUR BASIC GOALS OF THE MISSION ARE: TO INCREASE CIVIC PARTICIPATION, PROMOTE ECONOMIC DEVELOPMENT AND SELF SUFFICIENCY, TO BUILD AFFORDABLE HOUSING FOR RESIDENTS AND TO FOSTER YOUTH LEADERSHIP.
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt1CLERK
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER/INTERIM ED (JAN - JUNE 2015)
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11CO-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt12MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14EXECUTIVE DIRECTOR (THRU JAN 2015)
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01994
IRS990/FormerOfcrEmployeesListedInd00
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IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
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IRS990/FundraisingDirectExpensesAmt023416
IRS990/FundraisingGrossIncomeAmt01328
IRS990/GainOrLossGrp/OtherAmt0-3158
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt014
IRS990/GovernmentGrantsAmt0835724
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02058915
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt0196
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt02873
IRS990/InformationTechnologyGrp/ProgramServicesAmt07165
IRS990/InformationTechnologyGrp/TotalAmt010234
IRS990/InvestmentIncomeGrp/ExclusionAmt04366
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt04366
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt071
IRS990/IRPDocumentW2GCnt049
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt03456225
IRS990/LandBldgEquipCostOrOtherBssAmt05122419
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt03158
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd01
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE VIETNAMESE AMERICAN INITIATIVE FOR DEVELOPMENT, INC. WAS FOUNDED AS A GRASSROOTS COMMUNITY DEVELOPMENT CORPORATION. THE MISSION OF THE ORGANIZATION IS TO BUILD A STRONG VIETNAMESE AMERICAN COMMUNITY IN BOSTON. THE FOUR BASIC GOALS OF THE MISSION ARE: TO INCREASE CIVIC PARTICIPATION, PROMOTE ECONOMIC DEVELOPMENT AND SELF SUFFICIENCY, TO BUILD AFFORDABLE HOUSING FOR RESIDENTS AND TO FOSTER YOUTH LEADERSHIP.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01190127
IRS990/NetAssetsOrFundBalancesBOYAmt03501262
IRS990/NetAssetsOrFundBalancesEOYAmt03753561
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-3158
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-3158
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-22088
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-22088
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt05184
IRS990/OccupancyGrp/ProgramServicesAmt0117533
IRS990/OccupancyGrp/TotalAmt0122717
IRS990/OfficeExpensesGrp/FundraisingAmt02069
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02834
IRS990/OfficeExpensesGrp/ProgramServicesAmt019963
IRS990/OfficeExpensesGrp/TotalAmt024866
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0739088
IRS990/OtherAssetsTotalGrp/EOYAmt01132375
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt037
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01871
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt020907
IRS990/OtherEmployeeBenefitsGrp/TotalAmt022815
IRS990/OtherExpensesGrp/Desc0CLIENT AND CAREGIVERS R
IRS990/OtherExpensesGrp/Desc1MEALS
IRS990/OtherExpensesGrp/Desc2PROGRAM SUPPLIES
IRS990/OtherExpensesGrp/Desc3BAD DEBT
IRS990/OtherExpensesGrp/FundraisingAmt0839
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04757
IRS990/OtherExpensesGrp/ProgramServicesAmt0206579
IRS990/OtherExpensesGrp/ProgramServicesAmt148349
IRS990/OtherExpensesGrp/ProgramServicesAmt244791
IRS990/OtherExpensesGrp/ProgramServicesAmt325977
IRS990/OtherExpensesGrp/TotalAmt0206579
IRS990/OtherExpensesGrp/TotalAmt153945
IRS990/OtherExpensesGrp/TotalAmt244791
IRS990/OtherExpensesGrp/TotalAmt325977
IRS990/OtherLiabilitiesGrp/BOYAmt0169025
IRS990/OtherLiabilitiesGrp/EOYAmt0140958
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt042926
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0617154
IRS990/OtherSalariesAndWagesGrp/TotalAmt0660080
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01196
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04603
IRS990/PayrollTaxesGrp/ProgramServicesAmt066922
IRS990/PayrollTaxesGrp/TotalAmt072721
IRS990/PoliciesReferenceChaptersInd01
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt023330
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt022371
IRS990/PrincipalOfficerNm0HUE PHAM
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1624410
IRS990/ProgramServiceRevenueGrp/BusinessCd2531310
IRS990/ProgramServiceRevenueGrp/BusinessCd3531190
IRS990/ProgramServiceRevenueGrp/Desc0DEVELOPER FEE
IRS990/ProgramServiceRevenueGrp/Desc1CHILDCARE
IRS990/ProgramServiceRevenueGrp/Desc2MANAGEMENT FEES
IRS990/ProgramServiceRevenueGrp/Desc3RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0463691
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1167399
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt274600
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt363070
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0463691
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1167399
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt274600
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt363070
IRS990/ProgSrvcAccomActy2Grp/Desc0AFFORDABLE HOUSING AND COMMUNITY MEETING FACILITY - VIET AID HAS HOUSING DEVELOPMENT AND COUNSELING PROGRAMS THAT DEVELOP AFFORDABLE RENTAL AND HOMEOWNERSHIP HOUSING FOR LOW-INCOME FAMILIES AND INDIVIDUALS, ORGANIZES FIRST-TIME HOME-BUYING WORKSHOPS TO HELP COMMUNITY MEMBERS PURCHASE THEIR FIRST HOMES, AND PROVIDES FORECLOSURE COUNSELING TO HELP HOMEOWNERS PROTECT THEIR HOMES. THE AFFORDABLE HOUSING AND COMMUNITY MEETING FACILITY DIVISION PROVIDES OPPORTUNITIES FOR DEVELOPING AFFORDABLE HOUSING AND COMMERCIAL SPACE; COMMERCIAL TENANTS INCLUDE VIETNAMESE CULTURAL ORGANIZATIONS AND OTHER NON-PROFIT ORGANIZATIONS THAT HAVE PARTNERED WITH VIET-AID ON SEVERAL INITIATIVES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0376976
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0502325
IRS990/ProgSrvcAccomActy3Grp/Desc0YOUTH CENTER - VIET AID PROVIDES AN AFTER-SCHOOL PROGRAM FOR SCHOOL AGE CHILDREN. THE PROGRAM FOSTERS ACADEMIC SUCCESS THROUGH TUTORING IN MATH AND ENGLISH. THE PROGRAM ALSO PROVIDES COUNSELING AND SUPPORT SERVICES TO FAMILIES OF CHILDREN IN THE YOUTH CENTER AND CHILDCARE CENTER.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0254409
IRS990/ProgSrvcAccomActyOtherGrp/Desc0PROPERTY MANAGEMENT AND ECONOMIC AND BUSINESS DEVELOPMENT - THE PROPERTY MANAGEMENT AND ECONOMIC AND BUSINESS DEVELOPMENT DIVISION PROVIDES TECHNICAL ASSISTANCE TO BUSINESS OWNERS AND ENTREPRENEURS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt0112785
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt074600
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01131912
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt035135
IRS990/PYInvestmentIncomeAmt05530
IRS990/PYOtherExpensesAmt0915483
IRS990/PYOtherRevenueAmt0-10905
IRS990/PYProgramServiceRevenueAmt0255535
IRS990/PYRevenuesLessExpensesAmt0-413238
IRS990/PYSalariesCompEmpBnftPaidAmt0844692
IRS990/PYTotalExpensesAmt01795310
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01382072
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0252299
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0167399
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01284461
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01131912
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01310350
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02022976
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01317231
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt07066930
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt04366
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt05530
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt04833
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt05510
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt03852
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt024091
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt03096438
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt034828
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt018413
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt090839
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0144080
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.97680
IRS990ScheduleA/PublicSupportPY170Pct00.97560
IRS990ScheduleA/PublicSupportTotal170Amt07066930
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01131912
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01310350
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02022976
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01317231
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt07066930
IRS990ScheduleA/TotalSupportAmt07235101

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,258,607
Liabilities
$1,505,046
Net assets
$3,753,561
Revenue
$2,032,341
Expenses
$1,780,042
Net income
$252,299
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.24$4.80$3.44$2.04$1.86$0.18
2023Detailed filing. Detailed filing data is available for this year.$6.57$3.31$3.26$2.40$2.64$0.24
2022Detailed filing. Detailed filing data is available for this year.$5.59$2.08$3.50$1.94$2.10$0.17
2021Detailed filing. Detailed filing data is available for this year.$5.52$1.86$3.67$2.89$2.48$0.41
2020Detailed filing. Detailed filing data is available for this year.$5.25$1.99$3.26$2.90$2.20$0.70
2019Detailed filing. Detailed filing data is available for this year.$4.35$1.79$2.56$1.14$1.65$0.51
2018Detailed filing. Detailed filing data is available for this year.$4.19$1.13$3.06$1.22$1.81$0.59
2017Detailed filing. Detailed filing data is available for this year.$4.55$0.89$3.65$1.28$1.88$0.59
2016Detailed filing. Detailed filing data is available for this year.$6.12$1.79$4.33$1.94$1.59$0.35
2015Detailed filing. Detailed filing data is available for this year.$5.26$1.51$3.75$2.03$1.78$0.25
2014Detailed filing. Detailed filing data is available for this year.$4.73$1.22$3.50$1.38$1.80$0.41
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.65$0.73$3.91$1.96$1.95$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.82$0.91$3.91$2.76
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.40$0.73$3.67$1.71
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.53$1.07$3.46$1.42