Is Vietnam Foundation Legit?

Spending Breakdown

How Vietnam Foundation allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Vietnam Foundation

Is Vietnam Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Vietnam Foundation (EIN: 10905269) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.

Is Vietnam Foundation a good charity to donate to?

Vietnam Foundation has a Mission Score of 75/100. Revenue: $111K. Assets: $265K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Vietnam Foundation?

The Employer Identification Number (EIN) for Vietnam Foundation is 10905269. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Vietnam Foundation spend its money?

Vietnam Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Vietnam Foundation's tax-exempt status?

You can verify Vietnam Foundation's tax-exempt status using EIN 10905269 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

The Vietnam Foundation exhibits fluctuating financial health over the past decade. While it has maintained positive assets and zero liabilities across all reported periods, indicating a stable balance sheet, its revenue and expense patterns are inconsistent. For instance, in 2024, the organization reported revenue of $81,489 against expenses of $270,201, resulting in a significant deficit. This contrasts sharply with 2022, where revenue of $408,369 far exceeded expenses of $118,393. The lack of reported officer compensation across all filings suggests a volunteer-driven leadership, which can be a positive indicator of resource allocation towards programs. However, the substantial deficit in the most recent period (2024) raises concerns about the sustainability of its operations if such trends continue.

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses within the provided data. However, the consistent reporting of zero officer compensation is a strong positive for efficiency, as it means no funds are diverted to executive salaries. The organization's ability to operate with no liabilities is also a sign of sound financial management. Transparency appears to be good given the consistent filing of IRS Form 990s over 14 periods, providing a long history of financial data for public review. The absence of officer compensation also contributes to a perception of transparency regarding how donor funds are utilized.

Overall, the Vietnam Foundation demonstrates a commitment to its mission through its volunteer leadership and consistent financial reporting. However, potential donors should scrutinize the recent financial performance, particularly the significant deficit in 2024, to understand the underlying causes and the organization's plans for financial stability. The long-term trend shows periods of strong revenue generation followed by periods of lower income, suggesting a need for more consistent fundraising or revenue diversification.

Verdict: Vietnam Foundation appears trustworthy

Red Flags

Strengths