Bless Vietnam Initiative
- Assets
- $10.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rosemead, CA
- Founding
- 10/2010
- Data as of
- 12/2023
- EIN
- 27-1911299
Organization Overview
Bless Vietnam Initiative is located in Rosemead, CA. The organization was established in 2010. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bless Vietnam Initiative is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Bless Vietnam Initiative generated $173.0k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $268.8k during the year ending 12/2023. While expenses have increased by 5.3% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
BLESS VIETNAM INITIATIVE ("BVI") SEEKS TO PROVIDE CHRISTIAN EVANGELISTIC AND HUMANITARIAN SUPPORT TO LOCAL CHURCHES BOTH DOMESTICALLY AND INTERNATIONALLY. IT HOPES TO EDUCATE AND TRAIN CHURCH LEADERS, DOMESTICALLY AND INTERNATIONALLY, TO PROVIDE RELIGIOUS, HUMANITARIAN AND MEDICAL ASSISTANCE AND AID TO INDIVIDUALS IN UNDERPRIVILEDGED AREAS OF VIETNAM.
Describe the Organization's Program Activity:
Part 3
LEADERSHIP DEVELOPMENT PROGRAM FOR PASTORS AND CHURCH LEADERS IN VIETNAM THROUGH BLESS VIETNAM MINISTRY.
PROVIDED MEDICAL CLINICAL HELP INCLUDING FOODS, MEDICINE AND SUPPLIES TO VIETNAM. SUPPORTED 450 ORPHANS AND DISABLE KIDS IN MOUNTAIN VILLAGES.
AWANA CONFERENCES EQUIPPED 312 CLUB DIRECTORS FOR 305 AWANA CLUBS IN COUNTRY. IT IS VERY A DYNAMIC MINISTRY THAT DRAWS THOUSANDS OF CHILDREN COMING TO THE CHURCH EVERY WEEK. THERE ARE 305 CLUBS OPERATING FROM BORDER OF CHINA TO THAILAND GULF OF SOUTH VIETNAM RIGHT NOW. BVI AIMS FOR THE CAMPAIGN OF 1 MILLION VIETNAMESE KIDS FOR CHRIST BY 2033.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew D Lam CFO & Treasurer | 0.5 | $0 | |
Nhieu Ly Board Member | 0.5 | $0 | |
Robert Jacob Board Advisor | 1 | $0 | |
Mike Collier Board Advisor | 3 | $0 | |
Phyllis Pringle Secretary | 1 | $0 | |
Quang Nguyen Chairman & CEO | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $172,984 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $172,984 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $36,000 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $14,400 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $218,434 |
| Total expenses | $268,834 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,846 |
| Other assets | $0 |
| Total assets | $10,846 |
| Total liabilities | $0 |
| Net assets or fund balances | $10,846 |