Civic Intelligence

Viet Dreams

990EZ • Fiscal year 2020 • EIN 27-4115634

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 07, 2021

PO Box 360624Milpitas, CA 95036

(408) 410-4920

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

59th percentile

11%

Higher net margin than 59% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

52nd percentile

5.3%

Faster asset growth than 52% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

34th percentile

-33%

Faster revenue growth than 34% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$267,375

Up $13,423 (+5.3%) from 2019

Net Assets

Up

$267,375

Up $13,423 (+5.3%) from 2019

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$119,185

Down $57,426 (-33%) from 2019

Expenses

Down

$105,762

Down $50,156 (-32%) from 2019

Net Income

Down

$13,423

Down $7,270 (-35%) from 2019

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2015: $143,741Net Assets 2015: $143,7412015Assets 2016: $134,211Net Assets 2016: $134,2112016Assets 2017: $153,331Net Assets 2017: $153,3312017Assets 2018: $233,259Liabilities 2018: $1Net Assets 2018: $233,2582018Assets 2019: $253,952Net Assets 2019: $253,9522019Assets 2020: $267,375Net Assets 2020: $267,3752020Assets 2021: $382,244Net Assets 2021: $382,2442021

Highlighted filing

2020

Assets$267,375
Liabilities-
Net Assets$267,375

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2015: $147,341Expenses 2015: $111,871Net Income 2015: $35,4702015Revenue 2016: $109,434Expenses 2016: $118,964Net Income 2016: -$9,5302016Revenue 2017: $133,839Expenses 2017: $114,719Net Income 2017: $19,1202017Revenue 2018: $249,651Expenses 2018: $169,724Net Income 2018: $79,9272018Revenue 2019: $176,611Expenses 2019: $155,918Net Income 2019: $20,6932019Revenue 2020: $119,185Expenses 2020: $105,762Net Income 2020: $13,4232020Revenue 2021: $196,888Expenses 2021: $82,019Net Income 2021: $114,8692021

Highlighted filing

2020

Revenue$119,185
Expenses$105,762
Net Income$13,423
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 7, 2021
Return Version
2020v4.0
Gross Receipts
$119,185
Mission and Program Overview

Mission

Providing food, clothing, funds for the orphanage and helping to build water systems for better living.

Program Services

DescriptionGrantsExpenses
Build School$31,830-
Build water filtration system and provided book, clothing for the orphanage in Vietnam. Provided eye Cataract surgery for poor and elderly people in Vietnam. Christmas diner and toy drive for poor family who live in shelters in San Jose$25,750-
Music Grant for kids$15,000-
Cataract eye surgery for patients from many provinces$10,200-
Covid Victims$5,850-
Flood Victims$5,000-
BackPack & School Supplies$3,640-
Clothings for kids$2,000-
Rice for low income people live in shelters--
Medical Expense for poor people--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
QUAN K NGUYENPresident & CEOPT$0--
ANTHONY MY TRANChairman-$0--
CUC TRINHTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Viet Dreams
EIN
27-4115634
Phone
4084104920
Address
PO BOX 360624, MILPITAS, CA 95036

Signing Officer

Name
Quan K Nguyen
Title
President & CEO
Signed
2021-06-07
Discuss with paid preparer
Yes

Preparer

Firm
Tax Consultation of America
Address
88 TULLY RD STE 106, SAN JOSE, CA 95111
Preparer
Cuc Trinh-Nguyen EA
Phone
4089711888
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

| Donee's Name: WATER PROJECT | Donee's Address: QUANG NAM | Cash Amount Given: $25750

Grants and Similar Amounts Paid In Excess of $5,000.3

| Donee's Name: EYE CATARACT SURGERY | Donee's Address: EYE CATARACT | Cash Amount Given: $10200

Grants and Similar Amounts Paid In Excess of $5,000.5

| Donee's Name: BUILD SCHOOL | Donee's Address: KON TUM | Relationship of Donee: ORPHANAGE | Cash Amount Given: $31830

Grants and Similar Amounts Paid In Excess of $5,000.8

| Donee's Name: COVID VICTIMS | Donee's Address: DIEN BIEN PHU | Cash Amount Given: $5850

Grants and Similar Amounts Paid In Excess of $5,000.10

| Donee's Name: MUSIC GRANT | Donee's Address: LE HOANG HIEP SAN JOSE CA 95136 | Cash Amount Given: $15000

Other Expenses.1001

Advertising and Promotion $3500

Other Expenses.1002

Office Expenses $2226

Other Expenses.1

Equipment Rental $350

Other Expenses.4

Bank Charge $20

Raw XML Appendix176 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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IRS990EZ/PrintingPublicationsPostageAmt0316
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt110200
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt231830
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt315000
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt45000
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: WATER PROJECT | Donee's Address: QUANG NAM | Cash Amount Given: $25750
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Donee's Name: EYE CATARACT SURGERY | Donee's Address: EYE CATARACT | Cash Amount Given: $10200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Donee's Name: BUILD SCHOOL | Donee's Address: KON TUM | Relationship of Donee: ORPHANAGE | Cash Amount Given: $31830
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3| Donee's Name: COVID VICTIMS | Donee's Address: DIEN BIEN PHU | Cash Amount Given: $5850
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4| Donee's Name: MUSIC GRANT | Donee's Address: LE HOANG HIEP SAN JOSE CA 95136 | Cash Amount Given: $15000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Advertising and Promotion $3500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Office Expenses $2226
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Equipment Rental $350
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Bank Charge $20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Grants and Similar Amounts Paid In Excess of $5,000.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Grants and Similar Amounts Paid In Excess of $5,000.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Grants and Similar Amounts Paid In Excess of $5,000.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Grants and Similar Amounts Paid In Excess of $5,000.10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.1001
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.4
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0QUAN K NGUYEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President & CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-06-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VIET DREAMS
ReturnHeader/Filer/BusinessNameControlTxt0VIET
ReturnHeader/Filer/EIN0274115634
ReturnHeader/Filer/PhoneNum04084104920
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ReturnHeader/Filer/USAddress/CityNm0MILPITAS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd095036
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAN JOSE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
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ReturnHeader/PreparerPersonGrp/PhoneNum04089711888
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Cuc Trinh-Nguyen EA
ReturnHeader/ReturnTs02021-06-07T15:17:13-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0QUAN K
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0NGUYEN
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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