Vietnamese Community Of Wichita And Vicinity Inc
Small Wichita nonprofit consistently operates with minimal revenue and assets, often exceeding expenses.
EIN: 141900248 · Wichita, KS · NTEE: A23 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7K |
| Total Expenses | $7K |
| Program Spending | 80% |
| Net Assets | $1K |
| Transparency Score | 70/100 |
Is Vietnamese Community Of Wichita And Vicinity Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Vietnamese Community Of Wichita And Vicinity Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Vietnamese Community Of Wichita And Vicinity Inc
Vietnamese Community Of Wichita And Vicinity Inc (EIN: 141900248) is a nonprofit organization based in Wichita, KS, classified under NTEE code A23. The organization reported total revenue of $7K and total assets of $1K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vietnamese Community Of Wichita And Vicinity Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vietnamese Community Of Wichita And Vicinity Inc is a micro nonprofit that has been operating for 15 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -23.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7K |
| Total Expenses | $7K |
| Surplus / Deficit | $-342 |
| Total Assets | $1K |
| Net Assets | $1K |
| Operating Margin | -5.2% |
| Months of Reserves | 2.0 months |
Financial Health Grade: C
In 2023, Vietnamese Community Of Wichita And Vicinity Inc reported a deficit of $342 with expenses exceeding revenue, holds 2.0 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Vietnamese Community Of Wichita And Vicinity Inc's revenue has declined at a compound annual growth rate (CAGR) of -23.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +60.7% | +44.7% | -22.5% |
| 2021 | -100.0% | -91.7% | -11.2% |
| 2020 | -7.2% | -34.9% | +84.3% |
| 2019 | -34.7% | -37.2% | -53.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Vietnamese Community Of Wichita And Vicinity Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Vietnamese Community Of Wichita And Vicinity Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $342, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based, which is common for very small nonprofits and ensures all funds are directed to operations.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Vietnamese Community Of Wichita And Vicinity Inc's IRS 990 filings:
- Consistent negative net income (expenses exceeding revenue) in recent years (e.g., 2023, 2022, 2021, 2020, 2019, 2018, 2017, 2014) could indicate long-term financial unsustainability if not balanced by other funding sources.
- Very low asset base ($1,179 in 2023) provides minimal financial cushion for unexpected expenses or program expansion.
Strengths
The following positive indicators were identified for Vietnamese Community Of Wichita And Vicinity Inc:
- Consistent IRS 990 filing history demonstrates strong transparency and compliance.
- Zero officer compensation across all reported periods indicates a volunteer-driven leadership, maximizing funds for mission-related activities.
- No reported liabilities, suggesting responsible financial management and avoidance of debt.
- Long operational history (13 filings) indicates sustained community presence and commitment despite financial fluctuations.
Frequently Asked Questions about Vietnamese Community Of Wichita And Vicinity Inc
Is Vietnamese Community Of Wichita And Vicinity Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Vietnamese Community Of Wichita And Vicinity Inc (EIN: 141900248) some concerns. Mission Score: 70/100. 2 red flags identified, 4 strengths noted.
How does Vietnamese Community Of Wichita And Vicinity Inc spend its money?
Vietnamese Community Of Wichita And Vicinity Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Vietnamese Community Of Wichita And Vicinity Inc tax-deductible?
Vietnamese Community Of Wichita And Vicinity Inc is registered as a tax-exempt nonprofit (EIN: 141900248). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Vietnamese Community Of Wichita And Vicinity Inc's spending goes to programs?
Vietnamese Community Of Wichita And Vicinity Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Vietnamese Community Of Wichita And Vicinity Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Vietnamese Community Of Wichita And Vicinity Inc is above average for NTEE category A23 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Vietnamese Community Of Wichita And Vicinity Inc located?
Vietnamese Community Of Wichita And Vicinity Inc is headquartered in Wichita, Kansas and files with the IRS under EIN 141900248. It is classified under NTEE code A23.
How many years of IRS 990 filings does Vietnamese Community Of Wichita And Vicinity Inc have?
Vietnamese Community Of Wichita And Vicinity Inc has 13 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 $7K in total revenue.
Is Vietnamese Community Of Wichita And Vicinity Inc a good charity?
Based on the available data, the organization demonstrates good financial transparency with consistent IRS 990 filings and zero officer compensation. Its small scale means its impact is likely localized, and its financial health is stable but limited by its low revenue. It appears to be a well-intentioned, community-focused organization.
How does the organization manage its finances given that expenses often exceed revenue?
The organization frequently reports expenses exceeding revenue, such as in 2023 ($6,962 expenses vs. $6,620 revenue) and 2022 ($4,812 expenses vs. $4,120 revenue). This suggests it either draws from accumulated prior period assets (which are minimal, e.g., $1,179 in 2023) or relies on irregular donations not fully captured in annual revenue figures, or operates on a very tight budget with little room for surplus.
What is the trend in the organization's revenue and assets?
Revenue has fluctuated significantly, from $0 in 2021 to $31,019 in 2017, with recent years (2022-2023) showing revenues around $4,000-$6,000. Assets have generally been low, peaking at $6,857 in 2016 and declining to $1,179 in 2023, indicating a consistent pattern of operating with minimal reserves.
Filing History
IRS 990 filing history for Vietnamese Community Of Wichita And Vicinity Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Vietnamese Community Of Wichita And Vicinity Inc's revenue has declined by 96%, moving from $167K to $7K. Total assets decreased by 92.7% over the same period, from $16K to $1K. Total functional expenses rose by 350.9%, from $2K to $7K. In its most recent filing year (2023), Vietnamese Community Of Wichita And Vicinity Inc reported a deficit of $342, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7K | $7K | $1K | $0 | — | — |
| 2022 | $4K | $5K | $2K | $0 | — | View 990 |
| 2021 | $0 | $280 | $2K | $0 | — | — |
| 2020 | $3K | $3K | $2K | $0 | — | View 990 |
| 2019 | $4K | $5K | $1K | $0 | — | View 990 |
| 2018 | $6K | $8K | $3K | $0 | — | View 990 |
| 2017 | $31K | $32K | $6K | $0 | — | View 990 |
| 2016 | $20K | $15K | $7K | $0 | — | View 990 |
| 2015 | $8K | $7K | $2K | $0 | — | View 990 |
| 2014 | $6K | $7K | $876 | $0 | — | View 990 |
| 2013 | $8K | $10K | $2K | $0 | — | View 990 |
| 2012 | $16K | $26K | $2K | $0 | — | View 990 |
| 2011 | $167K | $2K | $16K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7K, expenses of $7K, and assets of $1K (revenue +60.7% year-over-year).
- 2022: Revenue of $4K, expenses of $5K, and assets of $2K.
- 2021: Revenue of $0, expenses of $280, and assets of $2K (revenue -100.0% year-over-year).
- 2020: Revenue of $3K, expenses of $3K, and assets of $2K (revenue -7.2% year-over-year).
- 2019: Revenue of $4K, expenses of $5K, and assets of $1K (revenue -34.7% year-over-year).
- 2018: Revenue of $6K, expenses of $8K, and assets of $3K (revenue -82.0% year-over-year).
- 2017: Revenue of $31K, expenses of $32K, and assets of $6K (revenue +58.8% year-over-year).
- 2016: Revenue of $20K, expenses of $15K, and assets of $7K (revenue +137.0% year-over-year).
- 2015: Revenue of $8K, expenses of $7K, and assets of $2K (revenue +40.1% year-over-year).
- 2014: Revenue of $6K, expenses of $7K, and assets of $876 (revenue -22.1% year-over-year).
- 2013: Revenue of $8K, expenses of $10K, and assets of $2K (revenue -54.2% year-over-year).
- 2012: Revenue of $16K, expenses of $26K, and assets of $2K (revenue -90.2% year-over-year).
- 2011: Revenue of $167K, expenses of $2K, and assets of $16K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vietnamese Community Of Wichita And Vicinity Inc:
Data Sources and Methodology
This transparency report for Vietnamese Community Of Wichita And Vicinity Inc 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.