Civic Intelligence

Caristas VL Foundation

990 • Fiscal year 2023 • EIN 61-2047310

Jan 01, 2023 to Dec 31, 2023 • Filed on Sep 29, 2024

1341 Corterell DrSan Jose, CA 95121

(510) 512-0175

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

98th percentile

92%

Higher net margin than 98% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

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.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

98th percentile

479%

Faster asset growth than 98% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

97th percentile

419%

Faster revenue growth than 97% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$378,617

Up $313,215 (+479%) from 2022

Net Assets

Up

$378,617

Up $313,215 (+479%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Up

$340,066

Up $274,594 (+419%) from 2022

Expenses

Up

$26,851

Up $26,781 (+38259%) from 2022

Net Income

Up

$313,215

Up $247,813 (+379%) from 2022

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2022: $65,402Liabilities 2022: $0Net Assets 2022: $65,4022022Assets 2023: $378,617Liabilities 2023: $0Net Assets 2023: $378,6172023Assets 2024: $683,963Liabilities 2024: $0Net Assets 2024: $683,9632024

Highlighted filing

2023

Assets$378,617
Liabilities$0
Net Assets$378,617

Operations Trend

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

$600K$400K$200K$0Revenue 2022: $65,472Expenses 2022: $70Net Income 2022: $65,4022022Revenue 2023: $340,066Expenses 2023: $26,851Net Income 2023: $313,2152023Revenue 2024: $537,977Expenses 2024: $232,681Net Income 2024: $305,2962024

Highlighted filing

2023

Revenue$340,066
Expenses$26,851
Net Income$313,215
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Sep 29, 2024
Return Version
2023v5.1
Gross Receipts
$340,066
Mission and Program Overview

Mission

Support educational and life skills for youth and provide scholarship to poor students.

Support educational and life skills for young people and provide scholarship to poor students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$300,000-
Cash and Non-Interest-Bearing Accounts$65,402$78,617▲ $13,215
Total Assets$65,402$378,617▲ $313,215
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$65,402$378,617▲ $313,215
Total Net Assets Fund Balance$65,402$378,617▲ $313,215
Total Liabilities and Net Assets / Fund Balance$65,402$378,617▲ $313,215
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ngoc X PhanCEO
Revenue and Support

Revenue Composition

Contributions and Grants
$340,066
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$340,066
Change in Net Assets
$313,215
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$22,411
Other Expenses$4,440
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$22,411--$22,411
Office Expenses$3,890--$3,890
Fees for Services Accounting$500--$500
Other Expenses$50--$50
Total Functional Expenses$26,851$0$0$26,851
International Activity

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

Is reviewed and approved by the ceo

Conflict of interest policy compliance Part VI line 12C

Acknoledgement of the policy and disclosure is required annually in wrting. The acknowledgement and disclosure statement that must be signed includes a commitment to update the disclousre stateent at least annually

Governing documents etc available to public Part VI line 19

Not available to the public

Filing and Contact Details

Filer

Filer Name
Caristas Vl Foundation
EIN
61-2047310
Address
1341 CORTERELL DR, San Jose, CA 95121

Signing Officer

Name
Ngoc Phan
Title
CEO
Phone
5105020175
Signed
2024-09-29
Discuss with paid preparer
Yes

Organization Details

Formed
2022
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Yoho Nguyen CPA
Address
911 HOUSE CREEK DR, Leander, TX 78641
Preparer
Phung Nguyen
Phone
5107037488
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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/ExplanationTxt1ACKNOLEDGEMENT OF THE POLICY AND DISCLOSURE IS REQUIRED ANNUALLY IN WRTING. THE ACKNOWLEDGEMENT AND DISCLOSURE STATEMENT THAT MUST BE SIGNED INCLUDES A COMMITMENT TO UPDATE THE DISCLOUSRE STATEENT AT LEAST ANNUALLY
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ReturnHeader/BuildTS02024-10-15 13:58:12Z
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ReturnHeader/TaxYr02023

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