Viet Dreams
- Assets
- $414.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Milpitas, CA
- Founding
- 04/2011
- Data as of
- 12/2022
- EIN
- 27-4115634
Organization Overview
Viet Dreams is located in Milpitas, CA. The organization was established in 2011. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Viet Dreams 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 12/2022, Viet Dreams generated $121.7k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $89.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDING FOOD, CLOTHING, FUNDS FOR THE ORPHANAGE AND HELPING TO BUILD WATER SYSTEMS FOR BETTER LIVING.
Describe the Organization's Program Activity:
Part 3
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
FIRE VICTIMS FOR CALIFORNIA WILDFIRE
CATARACT EYE SURGERY FOR PATIENTS FROM MANY PROVINCES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Quan K Nguyen President & CEO | 5 | $0 | |
Anthony My Tran Chairman | 0 | $0 | |
Nam Nguyen Treasurer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $121,660 |
| 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 | $121,660 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $5,465 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $338 |
| Other expenses | $1,005 |
| Total expenses | $89,858 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $414,046 |
| Other assets | $0 |
| Total assets | $414,046 |
| Total liabilities | $0 |
| Net assets or fund balances | $414,046 |