Humanitarian Services For Children Of Vietnam
- Assets
- $795.9k
- Revenue
- $313.2k
- Investments
- $0.0
- Employees
- 1
- Location
- Jordan, MN
- Founding
- 03/2002
- Data as of
- 12/2023
- EIN
- 41-2017760
Organization Overview
Humanitarian Services For Children Of Vietnam, operating under the name Hscv, is located in Jordan, MN. The organization was established in 2002. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, 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. Hscv 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, Hscv generated $313.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $334.3k during the year ending 12/2023. While expenses have increased by 1.2% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
HSCV PROVIDES VIETNAMS MOST VULNERABLE GROUPS WITH THE OPPORTUNITIES, TOOLS, AND RESOURCES TO BUILD A BETTER FUTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WHEELCHAIR DISTRIBUTION PROGRAM DISTRIBUTED 6,080 WHEELCHAIRS TO INDIVIDUALS IN NINE PROVINCES IN NORTHERN VIETNAM. TRAINING WAS PROVIDED TO ENSURE INDIVIDUALS WILL RECEIVE A PROPERTLY FITTED WHEELCHAIR TO MEET THEIR NEEDS AND ON HOW TO USE THE WHEELCHAIR PROPERLY.
DISADVANTAGED CHILDREN IN NORTHERN VIETNAM AT RISK OF DROPPNG OUT OF SCHOOL RECEIVE THE NECESSARY SUPPORT THROUGH SCHOLARSHIPS, NUTRITIONAL SUPPORT, BICYCLES, AND OTHER ASSISTANCE NECESSARY TO KEEP CHILDREN IN SCHOOL TO GIVE THEM A STEPPING STONE TO A BETTER FUTURE. DURING 2023, 228 CHILDREN RECEIVED SCHOLARSHIPS FOR PRE- AND POST- HIGH SCHOOL 27 FAMILIES RECEIVED RICE TO HELP FREE UP FINANCES FOR SCHOOL EXPENSES 10 FAMILIES RECEIVED MEDICAL EXPENSE ASSISTANCE SO THE FAMILY COULD MAINTAIN INCOME STREAMS 27 CHILDREN RECEIVED BACKPACKS CONTAINING SCHOOL SUPPLIES 7 CHILDREN RECEIVED NUTRITIONAL SUPPORT, 7 CHILDREN WERE SUPPORTED WITH SCHOOL LUNCHES, AND 35 CHILDREN RECEIVED BICYCLES TO ALLOW THEM TO ATTEND DISTANT SCHOOLS.
OCASSIONALLY, OPPORTUNITIES WILL EXIST TO IMPROVE LOCAL SCHOOL INFRASTRUCTURE, SUPPORT THE LIVLIHOOD OF OUR SUPPORTED FAMILIES, ETC. DURING 2023, WE SUPPORTED 26 WOMEN WITH TRAINING TO ALLOW THEM TO ESTABLISH THEIR OWN BUSINESS PRIMARILY RELATED TO SEWING SERVICES TO THEIR COMMUNITIES. AS PART OF THIS PROGRAM 10 WOMEN WERE TRAINED ON HOW TO RAISE AND MARKET CHICKENS. 1,000 CHICKENS WERE DONATED TO ALLOW THEM TO START IMPLEMENTING THEIR TRAINING. ANOTHER PROJECT IMPROVED THE LIBRARY OF A LOCAL SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Annetta Devet Executive Director | Officer | 40 | $34,500 |
Michelle Kramer Board Chair/co-Secretary | OfficerTrustee | 10 | $0 |
Maria Durnbaugh President/co-Secretary | OfficerTrustee | 10 | $0 |
Name Not Listed Vice President/treasurer | OfficerTrustee | 10 | $0 |
Huong Thi Bui Director | Trustee | 10 | $0 |
Thu Tran Svoboda Director | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $287,410 |
| Noncash contributions included in lines 1a–1f | $100,046 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $287,410 |
| Total Program Service Revenue | $0 |
| Investment income | $25,833 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $313,243 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $130,412 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $34,500 |
| Compensation of current officers, directors, key employees. | $34,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $115,827 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,182 |
| Payroll taxes | $21,235 |
| Fees for services: Management | $700 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $552 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,423 |
| Office expenses | $11,847 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,850 |
| Travel | $1,493 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,380 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $3,934 |
| Total functional expenses | $334,335 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $26,439 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,079 |
| Prepaid expenses and deferred charges | $1,872 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $760,498 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $795,888 |
| Accounts payable and accrued expenses | $26,303 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $26,303 |
| Net assets without donor restrictions | $769,585 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $795,888 |