Civic Intelligence

Vietnamese American Philharmonics

990EZ • Fiscal year 2021 • EIN 91-2154721

Jan 01, 2021 to Dec 31, 2021 • Filed on May 13, 2022

Organization ProfileN/A
8111 Westminster BlvdWestminster, CA 92683

(714) 383-4011

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

85th percentile

48%

Higher net margin than 85% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

85th percentile

71%

Faster asset growth than 85% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

93rd percentile

237%

Faster revenue growth than 93% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets56th percentile

Assets

Up

$69,473

Up $28,877 (+71%) from 2020

Net Assets

Up

$69,473

Up $28,877 (+71%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue56th percentileNet Margin85th percentile

Revenue

Up

$60,427

Up $42,473 (+237%) from 2020

Expenses

Down

$31,550

Down $11,058 (-26%) from 2020

Net Income

Up

$28,877

Up $53,531 (+217%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth85th percentile

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

$200K$150K$100K$50K$0Assets 2016: $1,489Liabilities 2016: $02016Assets 2017: $0Net Assets 2017: $02017Assets 2018: $442Liabilities 2018: $0Net Assets 2018: $4422018Assets 2019: $65,250Liabilities 2019: $0Net Assets 2019: $65,2502019Assets 2020: $40,596Liabilities 2020: $0Net Assets 2020: $40,5962020Assets 2021: $69,473Liabilities 2021: $0Net Assets 2021: $69,4732021Assets 2022: $101,283Liabilities 2022: $0Net Assets 2022: $101,2832022Assets 2023: $153,199Liabilities 2023: $0Net Assets 2023: $153,1992023Assets 2024: $159,418Liabilities 2024: $0Net Assets 2024: $159,4182024

Highlighted filing

2021

Assets$69,473
Liabilities$0
Net Assets$69,473
Open 2021 Filing

Operations Trend

Revenue Growth93rd percentile

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

$150K$100K$50K$0-$50KRevenue 2016: $73,130Expenses 2016: $72,223Net Income 2016: $9072016Revenue 2017: $64,087Expenses 2017: $65,576Net Income 2017: -$1,4892017Revenue 2018: $71,057Expenses 2018: $70,615Net Income 2018: $4422018Revenue 2019: $130,568Expenses 2019: $65,760Net Income 2019: $64,8082019Revenue 2020: $17,954Expenses 2020: $42,608Net Income 2020: -$24,6542020Revenue 2021: $60,427Expenses 2021: $31,550Net Income 2021: $28,8772021Revenue 2022: $59,017Expenses 2022: $27,207Net Income 2022: $31,8102022Revenue 2023: $89,150Expenses 2023: $37,234Net Income 2023: $51,9162023Revenue 2024: $37,421Expenses 2024: $31,202Net Income 2024: $6,2192024

Highlighted filing

2021

Revenue$60,427
Expenses$31,550
Net Income$28,877
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 13, 2022
Return Version
2021v4.2
Gross Receipts
$72,222
Mission and Program Overview

Mission

Providing Vietnamese American youth the opportunity to learn music

To promote classical and popular music

Program Services

DescriptionGrantsExpenses
To promote music among young adults ans children.--
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Khoa V LePresidentPT$0--
Hong K NguyenCEOPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
3----
Filing and Contact Details

Filer

Filer Name
Vietnamese American Philharmonics
EIN
91-2154721
Address
8111 Westminster Blvd, Westminster, CA 92683

Signing Officer

Name
Hong K Nguyen
Title
President
Phone
7143834011
Signed
2022-05-13
Discuss with paid preparer
No

Preparer

Firm
Anthony Nguyen CPA Esq
Address
4630 Campus Drive Suite 107, Newport Beach, CA 92660
Preparer
Anthony Nguyen
Phone
9496487744
Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

“Description AmountMusic class revenue 3,300Sublease 3,000Tax credit 4,427Recital room rental 100”

Description of other expenses Part I line 16

“Description AmountMusic sheets 26Office supplies & expenses 1,542Taxes 42Web domain & host 175Insurance 1,539License & permits 69SBA loan payment 7,750”

Raw XML Appendix133 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Hong Khanh Nguyen
IRS990EZ/BooksInCareOfDetail/PhoneNum07143834011
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt09445 Edinger Avenue
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Westminster
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd092683
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt040596
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt069473
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt03000
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt028877
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt040596
IRS990EZ/Form990TotalAssetsGrp/EOYAmt069473
IRS990EZ/FundraisingGrossIncomeAmt058395
IRS990EZ/GrossReceiptsAmt072222
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt040596
IRS990EZ/NetAssetsOrFundBalancesEOYAmt069473
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt040596
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt069473
IRS990EZ/OccupancyRentUtltsAndMaintAmt020407
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt120.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Khoa V Le
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Hong K Nguyen
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CEO
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt011143
IRS990EZ/OtherRevenueTotalAmt010827
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To promote classical and popular music
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To promote music among young adults ans children.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0true
IRS990EZ/SpecialEventsDirectExpensesAmt011795
IRS990EZ/SpecialEventsNetIncomeLossAmt046600
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt031550
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt060427
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleE/ComplianceWithRevProc7550Ind0false
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0false
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0false
IRS990ScheduleE/MaintainRacialCompRecsInd0false
IRS990ScheduleE/MaintainScholarshipsRecsInd0false
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0false
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0false
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm03
IRS990ScheduleG/LicensedStatesCd0CA
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountMusic class revenue 3,300Sublease 3,000Tax credit 4,427Recital room rental 100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountMusic sheets 26Office supplies & expenses 1,542Taxes 42Web domain & host 175Insurance 1,539License & permits 69SBA loan payment 7,750
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL2
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Hong K Nguyen
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum07143834011
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Vietnamese American Philharmonics
ReturnHeader/Filer/BusinessNameControlTxt0VIET
ReturnHeader/Filer/EIN0912154721
ReturnHeader/Filer/USAddress/AddressLine1Txt08111 Westminster Blvd
ReturnHeader/Filer/USAddress/CityNm0Westminster
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092683
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Anthony Nguyen CPA Esq
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04630 Campus Drive Suite 107
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Newport Beach
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092660
ReturnHeader/PreparerPersonGrp/PhoneNum09496487744
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Anthony Nguyen
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-11-14T13:58:07-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Hong
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Nguyen
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$69,473
Liabilities
$0
Net assets
$69,473
Revenue
$60,427
Expenses
$31,550
Net income
$28,877
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.59$0.00$1.59$0.37$0.31$0.06
2023Detailed filing. Detailed filing data is available for this year.$1.53$0.00$1.53$0.89$0.37$0.52
2022Detailed filing. Detailed filing data is available for this year.$1.01$0.00$1.01$0.59$0.27$0.32
2021Detailed filing. Detailed filing data is available for this year.$0.69$0.00$0.69$0.60$0.32$0.29
2020Detailed filing. Detailed filing data is available for this year.$0.41$0.00$0.41$0.18$0.43$0.25
2019Detailed filing. Detailed filing data is available for this year.$0.65$0.00$0.65$1.31$0.66$0.65
2018Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.71$0.71$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.64$0.66$0.01
2016Summary only. Only limited summary data is available for this year.$0.01$0.00$0.73$0.72$0.01