Boat People S O S Inc
- Assets
- $2.1m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 165
- Location
- Falls Church, VA
- Founding
- 03/2003
- Data as of
- 12/2023
- EIN
- 90-0106468
Organization Overview
Boat People S O S Inc is located in Falls Church, VA. The organization was established in 2003. According to its NTEE Classification (P84) the organization is classified as: Ethnic & Immigrant Centers, under the broad grouping of Human Services and related organizations. As of 12/2023, Boat People S O S Inc employed 165 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Boat People S O S 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 12/2023, Boat People S O S Inc generated $2.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $2.6m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 6 years. 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
TO ASSIST VIETNAMESE REFUGEES AND IMMIGRANTS IN THEIR SEARCH FOR LIFE IN LIBERTY AND DIGNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WITH TEAMS OF QUALIFIED AND EXPERIENCED STAFF OPERATING IN 6 OFFICE LOCATIONS ACROSS THE UNITED STATES, WE EMPOWER INDIVIDUALS, STRENGTHEN FAMILIES, AND BUILD COMMUNITIESTHROUGH- DIRECT SERVICES- ADVOCACY- COMMUNITY ORGANIZING & DEVELOPMENT- MEDIA- RESEARCH- LEADERSHIP DEVELOPMENT
WITH TEAMS OF QUALIFIED STAFF AND PASSIONATE VOLUNTEERS OPERATING IN 4 OFFICE LOCATIONS ACROSS THE UNITES STATES, WE EMPOWER INDIVIDUALS, STRENGTHEN FAMILIES, AND BUILD COMMUNITIES THROUGH: - DIRECT SERVICES - ADVOCACY - COMMUNITY ORGANIZING AND DEVELOPMENT - MEDIA - RESEARCH - LEADERSHIP DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Nguyen Dinh Thang President And CEO | Officer | 40 | $121,000 |
Tran Trang Khanh Chief Operating Officer | Officer | 40 | $104,000 |
Dr Nguyen Dinh Thang President And CEO | Officer | 40 | $118,250 |
Tran Trang Khanh Chief Operating Officer | Officer | 40 | $101,250 |
Tuyet N Dinh Chair | Trustee | 2 | $0 |
Long Nguyen Treasurer | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,085,953 |
| All other contributions, gifts, grants, and similar amounts not included above | $58,120 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,144,073 |
| Total Program Service Revenue | $426,510 |
| Investment income | $0 |
| 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 | $2,570,583 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $66,433 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,388,886 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $149,594 |
| Payroll taxes | $111,281 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,209 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,833 |
| Office expenses | $45,642 |
| Information technology | $3,464 |
| Royalties | $0 |
| Occupancy | $290,601 |
| Travel | $47,761 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,809 |
| Insurance | $3,641 |
| All other expenses | $341,616 |
| Total functional expenses | $2,571,511 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,250,481 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $725,309 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $16,121 |
| Net Land, buildings, and equipment | $5,144 |
| Investments—publicly traded securities | $279,068 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $99,127 |
| Other assets | $121,572 |
| Total assets | $2,102,506 |
| Accounts payable and accrued expenses | $56,439 |
| Grants payable | $0 |
| Deferred revenue | $67,876 |
| 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 | $865,484 |
| Total liabilities | $989,799 |
| Net assets without donor restrictions | $64,903 |
| Net assets with donor restrictions | $1,047,804 |
| 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 | $2,102,506 |