Civic Intelligence

Viet Dreams

990EZ • Fiscal year 2022 • EIN 27-4115634

Jan 01, 2022 to Dec 31, 2022 • Filed on Feb 28, 2023

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 2022

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2022

Net Margin

76th percentile

26%

Higher net margin than 76% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

60th percentile

8.3%

Faster asset growth than 60% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

15th percentile

-38%

Faster revenue growth than 15% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$414,046

Up $31,802 (+8.3%) from 2021

Net Assets

Up

$414,046

Up $31,802 (+8.3%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$121,660

Down $75,228 (-38%) from 2021

Expenses

Up

$89,858

Up $7,839 (+9.6%) from 2021

Net Income

Down

$31,802

Down $83,067 (-72%) from 2021

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$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 2021: $382,244Net Assets 2021: $382,2442021Assets 2022: $414,046Net Assets 2022: $414,0462022

Highlighted filing

2022

Assets$414,046
Liabilities-
Net Assets$414,046

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 2021: $196,888Expenses 2021: $82,019Net Income 2021: $114,8692021Revenue 2022: $121,660Expenses 2022: $89,858Net Income 2022: $31,8022022

Highlighted filing

2022

Revenue$121,660
Expenses$89,858
Net Income$31,802
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Feb 28, 2023
Return Version
2022v4.1
Gross Receipts
$121,660
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 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-$27,500
Rice for low income people live in shelters--
Cataract eye surgery for patients from many provinces--
Build School--
Medical Expense for poor people--
Music Grant for kids--
Flood Victims--
Covid Victims--
Clothings for kids--
BackPack & School Supplies--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
QUAN K NGUYENPresident & CEOPT$0--
ANTHONY MY TRANChairman-$0--
NAM NGUYENTreasurer-$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
2023-02-28
Discuss with paid preparer
Yes

Preparer

Firm
Tax Consultation of America
Address
88 TULLY RD STE 106, SAN JOSE, CA 95111
Preparer
Nam H Nguyen CPA
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: $27500

Grants and Similar Amounts Paid In Excess of $5,000.2

| Donee's Name: RICE FOR ELDERLY | Donee's Address: DA NANG DA NANG DA NANG Vietnam | Cash Amount Given: $6650

Grants and Similar Amounts Paid In Excess of $5,000.13

| Donee's Name: DENTAL MISSION | Donee's Address: KIDS | Cash Amount Given: $17500

Grants and Similar Amounts Paid In Excess of $5,000.15

| Donee's Name: CLEFT SURGERY | Donee's Address: KIDS QUANG NGAI QUANG NGAI QUANG NGAI Vietnam | Cash Amount Given: $24500

Other Expenses.1001

Advertising and Promotion $200

Other Expenses.1002

Office Expenses $179

Other Expenses.1005

Travel $626

Raw XML Appendix166 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/BooksInCareOfDetail/USAddress/CityNm0SAN JOSE
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IRS990EZ/PrintingPublicationsPostageAmt0338
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IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/WebsiteAddressTxt0N/A
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IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: WATER PROJECT | Donee's Address: QUANG NAM | Cash Amount Given: $27500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Donee's Name: RICE FOR ELDERLY | Donee's Address: DA NANG DA NANG DA NANG Vietnam | Cash Amount Given: $6650
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2| Donee's Name: DENTAL MISSION | Donee's Address: KIDS | Cash Amount Given: $17500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3| Donee's Name: CLEFT SURGERY | Donee's Address: KIDS QUANG NGAI QUANG NGAI QUANG NGAI Vietnam | Cash Amount Given: $24500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Advertising and Promotion $200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Office Expenses $179
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Travel $626
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Grants and Similar Amounts Paid In Excess of $5,000.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Grants and Similar Amounts Paid In Excess of $5,000.13
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Grants and Similar Amounts Paid In Excess of $5,000.15
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0QUAN K NGUYEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President & CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-02-28
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ReturnHeader/Filer/EIN0274115634
ReturnHeader/Filer/PhoneNum04084104920
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ReturnHeader/PreparerPersonGrp/PhoneNum04089711888
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Nam H Nguyen CPA
ReturnHeader/ReturnTs02023-03-17T15:17:58-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0QUAN K
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0NGUYEN
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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