Vietnamese American Civic Association
EIN: 42844165 · Boston, MA · NTEE: P840
| Metric | Value |
|---|---|
| Total Revenue | $862K |
| Total Expenses | $250K |
| Net Assets | $343K |
Is Vietnamese American Civic Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Vietnamese American Civic Association
Vietnamese American Civic Association (EIN: 42844165) is a nonprofit organization based in Boston, MA, classified under NTEE code P840. The organization reported total revenue of $862K and total assets of $799K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vietnamese American Civic Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vietnamese American Civic Association is a small nonprofit that has been operating for 40 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 5.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $498K |
| Total Expenses | $250K |
| Surplus / Deficit | +$248K |
| Total Assets | $346K |
| Total Liabilities | $3K |
| Net Assets | $343K |
| Operating Margin | 49.8% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 16.6 months |
Financial Health Grade: A
In 2024, Vietnamese American Civic Association reported a surplus of $248K with revenue exceeding expenses, holds 16.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Vietnamese American Civic Association's revenue has grown at a compound annual growth rate (CAGR) of 5.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +112.4% | +63.4% | +258.6% |
| 2023 | +162.1% | +212.2% | -8.0% |
| 2022 | -12.3% | -12.3% | +127.9% |
| 2021 | +66.5% | +0.2% | -30.9% |
| 2020 | +170.4% | +289.5% | +345.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Vietnamese American Civic Association has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Vietnamese American Civic Association with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $248K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.8%.
Frequently Asked Questions about Vietnamese American Civic Association
Is Vietnamese American Civic Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Vietnamese American Civic Association (EIN: 42844165) insufficient data. 0 red flags identified, 0 strengths noted.
How does Vietnamese American Civic Association spend its money?
Detailed spending breakdown data is not yet available for Vietnamese American Civic Association. Check back for updated IRS 990 analysis.
Are donations to Vietnamese American Civic Association tax-deductible?
Vietnamese American Civic Association is registered as a tax-exempt nonprofit (EIN: 42844165). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Vietnamese American Civic Association located?
Vietnamese American Civic Association is headquartered in Boston, Massachusetts and files with the IRS under EIN 42844165. It is classified under NTEE code P840.
How many years of IRS 990 filings does Vietnamese American Civic Association have?
Vietnamese American Civic Association has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $862K in total revenue.
Filing History
IRS 990 filing history for Vietnamese American Civic Association showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Vietnamese American Civic Association's revenue has grown by 106.2%, moving from $242K to $498K. Total assets increased by 1162.6% over the same period, from $27K to $346K. Total functional expenses rose by 11.9%, from $223K to $250K. In its most recent filing year (2024), Vietnamese American Civic Association reported a surplus of $248K, with revenue exceeding expenses. The organization holds $3K in liabilities against $346K in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $343K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $498K | $250K | $346K | $3K | — | View 990 |
| 2023 | $235K | $153K | $97K | $0 | — | — |
| 2022 | $89K | $49K | $105K | $0 | — | View 990 |
| 2021 | $102K | $56K | $46K | $0 | — | — |
| 2020 | $61K | $56K | $67K | $0 | — | View 990 |
| 2019 | $23K | $14K | $15K | $0 | — | View 990 |
| 2018 | $25K | $35K | $7K | $49K | — | — |
| 2017 | $76K | $78K | $26K | $41K | — | View 990 |
| 2016 | $87K | $83K | $29K | $68K | — | View 990 |
| 2015 | $61K | $32K | $29K | $105K | — | View 990 |
| 2014 | $66K | $95K | $2K | $106K | — | View 990 |
| 2013 | $88K | $117K | $23K | $98K | — | View 990 |
| 2012 | $173K | $169K | $35K | $82K | — | View 990 |
| 2011 | $242K | $223K | $27K | $77K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $498K, expenses of $250K, and assets of $346K (revenue +112.4% year-over-year).
- 2023: Revenue of $235K, expenses of $153K, and assets of $97K (revenue +162.1% year-over-year).
- 2022: Revenue of $89K, expenses of $49K, and assets of $105K (revenue -12.3% year-over-year).
- 2021: Revenue of $102K, expenses of $56K, and assets of $46K (revenue +66.5% year-over-year).
- 2020: Revenue of $61K, expenses of $56K, and assets of $67K (revenue +170.4% year-over-year).
- 2019: Revenue of $23K, expenses of $14K, and assets of $15K (revenue -9.4% year-over-year).
- 2018: Revenue of $25K, expenses of $35K, and assets of $7K (revenue -67.1% year-over-year).
- 2017: Revenue of $76K, expenses of $78K, and assets of $26K (revenue -13.0% year-over-year).
- 2016: Revenue of $87K, expenses of $83K, and assets of $29K (revenue +42.9% year-over-year).
- 2015: Revenue of $61K, expenses of $32K, and assets of $29K (revenue -6.9% year-over-year).
- 2014: Revenue of $66K, expenses of $95K, and assets of $2K (revenue -25.2% year-over-year).
- 2013: Revenue of $88K, expenses of $117K, and assets of $23K (revenue -49.3% year-over-year).
- 2012: Revenue of $173K, expenses of $169K, and assets of $35K (revenue -28.4% year-over-year).
- 2011: Revenue of $242K, expenses of $223K, and assets of $27K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vietnamese American Civic Association:
Data Sources and Methodology
This transparency report for Vietnamese American Civic Association is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.