Vesaf Nfp
- Assets
- $79.2k
- Revenue
- $216.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Downers Grove, IL
- Founding
- 11/2014
- Data as of
- 12/2021
- EIN
- 47-2326515
Organization Overview
Vesaf Nfp is located in Downers Grove, IL. The organization was established in 2014. 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. Vesaf Nfp 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, Vesaf Nfp generated $216.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 44.3% each year . All expenses for the organization totaled $166.2k during the year ending 12/2021. While expenses have increased by 35.0% per year over the past 7 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.
Since 2015, Vesaf Nfp has awarded 79 individual grants totaling $499,179. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOPMENT OF EDUCATION AND INFRASTRUCTURE PROJECTS IN IMPOVERISHED AND UNDERSERVED COMMUNITIES OF VIETNAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nghi Q Lam President | 30 | $0 | |
Hien T Lam Treasurer | 5 | $0 | |
Albert Q Lam Secretary | 1 | $0 | |
Alice D Lam Director | 1 | $0 | |
Son H DO Director | 1 | $0 | |
Dee R Wernette Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $216,841 |
| Interest on Savings | $2 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $216,843 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10 |
| Total operating and administrative expenses | $762 |
| Contributions, gifts, grants paid | $165,451 |
| Total expenses and disbursements | $166,213 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $79,196 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $79,196 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Vesaf Nfp has awarded $165,451 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
TRUONG TRONG KHANH - CHAIRMAN HEARTS OF HUE PURPOSE: SCHOLARSHIPS FOR 40 STUDENTS AT HUE UNIVERSITY ('21-'22 ACADEMIC YEAR) | $17,800 |
TRUONG TRONG KHANH - CHAIRMAN HEARTS OF HUE PURPOSE: SCHOLARSHIPS FOR 36 STUDENTS AT DA NANG UNIVERSITY ('21-'22 ACADEMIC YEAR) | $16,000 |
TRUONG TRONG KHANH - CHAIRMAN HEARTS OF HUE PURPOSE: SCHOLARSHIPS FOR STUDENTS AT XUAN LOC GRADE SCHOOL - VINH PHU MIDDLE SCHOOL AND HA TRUNG HIGH SCHOOL ('21-'22 ACADEMIC YEAR) | $13,750 |
HO VAN SON PURPOSE: CONSTRUCTION OF 2 VILLAGE ROADS (PHUONG AN & HOA AN) IN PHUNG HIEP DIST - HAU GIANG PROVINCE | $13,480 |
HO VAN SON PURPOSE: CONSTRUCTION OF TRUONG HIEP BRIDGE IN TRUONG HIEP HAMLET, CHAU THANH A DIST - HAU GIANG PROVINCE | $12,425 |
TRUONG TRONG KHANH - CHAIRMAN HEARTS OF HUE PURPOSE: MICROFINANCE FOR 20 FAMILIES (ROUND 1 10/30) IN HUONG VAN COMMUNE - THUA THIEN HUE PROVINCE | $8,900 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Vesaf Nfp has recieved totaling $18,500.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $18,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lifesong For Orphans Inc Gridley, IL | $55,071,126 | $40,755,637 |
Nph-Usa Chicago, IL | $9,523,398 | $16,657,427 |
One Collective Nfp Elgin, IL | $3,863,320 | $13,470,210 |
International Disaster Emergency Service Inc Noblesville, IN | $11,197,489 | $11,811,244 |
One World Surgery Deerfield, IL | $14,992,462 | $10,254,872 |
Meds & Food For Kids St Louis, MO | $9,342,329 | $4,463,955 |
Destiny Rescue Usa Inc Fort Wayne, IN | $2,159,510 | $4,562,393 |
Certell Inc Indianapolis, IN | $2,456,190 | $3,831,177 |
International Call Organization Inc Bridgeview, IL | $172,328 | $3,856,996 |
Heroic Hearts Organization Nfp Wheaton, IL | $2,259,688 | $4,346,155 |
Fabretto Childrens Foundation Inc Evanston, IL | $2,557,246 | $3,318,965 |
Project Peanut Butter Maplewood, MO | $330,911 | $3,451,055 |