Friendship Foundation Of American-Vietnamese Inc
- Assets
- $247.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cleveland, OH
- Founding
- 06/1994
- Data as of
- 12/2021
- EIN
- 34-1756940
Organization Overview
Friendship Foundation Of American-Vietnamese Inc is located in Cleveland, OH. The organization was established in 1994. According to its NTEE Classification (P84) the organization is classified as: Ethnic & Immigrant Centers, 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. Friendship Foundation Of American-Vietnamese Inc 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 12/2021, Friendship Foundation Of American-Vietnamese Inc generated $126.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $126.0k during the year ending 12/2021. While expenses have increased by 2.3% per year over the past 6 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gia Hoa Ryan Executive Director | 42 | $0 | |
George Mccarthy Board President | 5 | $0 | |
Ralph Saltz Membership Chair | 1 | $0 | |
Joseph P Meissner Treasurer | 12 | $0 | |
Thomas Ryan Vice President | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,000 |
| Total Program Service Revenue | $58,985 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $125,985 |
| 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 | $2,100 |
| Occupancy, rent, utilities, and maintenance | $8,905 |
| Printing, publications, postage, and shipping | $1,038 |
| Other expenses | $113,928 |
| Total expenses | $125,971 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $245,662 |
| Other assets | $0 |
| Total assets | $247,862 |
| Total liabilities | $0 |
| Net assets or fund balances | $247,862 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Friendship Foundation Of American-Vietnamese Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $20,000 |
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