Vietnamese Minnesotans Association
EIN: 411786630 · Saint Paul, MN · NTEE: J20Z
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $1.4M |
| Net Assets | $612K |
Is Vietnamese Minnesotans 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 Minnesotans Association
Vietnamese Minnesotans Association (EIN: 411786630) is a nonprofit organization based in Saint Paul, MN, classified under NTEE code J20Z. The organization reported total revenue of $2.2M and total assets of $605K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vietnamese Minnesotans Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Vietnamese Minnesotans Association is a mid-size nonprofit that has been operating for 32 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$195K |
| Total Assets | $634K |
| Total Liabilities | $23K |
| Net Assets | $612K |
| Operating Margin | 12.1% |
| Debt-to-Asset Ratio | 3.6% |
| Months of Reserves | 5.4 months |
Financial Health Grade: A
In 2023, Vietnamese Minnesotans Association reported a surplus of $195K with revenue exceeding expenses, holds 5.4 months of operating reserves (adequate), has a debt-to-asset ratio of 3.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Vietnamese Minnesotans Association's revenue has grown at a compound annual growth rate (CAGR) of 15.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.0% | -0.4% | +19.3% |
| 2022 | +16.4% | +20.9% | +14.2% |
| 2021 | +43.2% | +23.1% | +19.2% |
| 2020 | +4.1% | +12.8% | +23.8% |
| 2019 | +5.1% | +6.3% | +1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Vietnamese Minnesotans 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 Minnesotans 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $195K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.6%.
Frequently Asked Questions about Vietnamese Minnesotans Association
Is Vietnamese Minnesotans Association a legitimate charity?
Vietnamese Minnesotans Association (EIN: 411786630) is a registered tax-exempt nonprofit based in Minnesota. It has 13 years of IRS 990 filings on record. Total revenue: $2.2M. No red flags identified. Financial health grade: A.
How does Vietnamese Minnesotans Association spend its money?
Vietnamese Minnesotans Association reported $2.2M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Vietnamese Minnesotans Association tax-deductible?
Vietnamese Minnesotans Association is registered as a tax-exempt nonprofit (EIN: 411786630). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Vietnamese Minnesotans Association located?
Vietnamese Minnesotans Association is headquartered in Saint Paul, Minnesota and files with the IRS under EIN 411786630. It is classified under NTEE code J20Z.
How many years of IRS 990 filings does Vietnamese Minnesotans Association have?
Vietnamese Minnesotans Association 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 $2.2M in total revenue.
Filing History
IRS 990 filing history for Vietnamese Minnesotans Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Vietnamese Minnesotans Association's revenue has grown by 486.1%, moving from $274K to $1.6M. Total assets increased by 1569% over the same period, from $38K to $634K. Total functional expenses rose by 425.6%, from $269K to $1.4M. In its most recent filing year (2023), Vietnamese Minnesotans Association reported a surplus of $195K, with revenue exceeding expenses. The organization holds $23K in liabilities against $634K in assets (debt-to-asset ratio: 3.6%), resulting in net assets of $612K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.4M | $634K | $23K | — | — |
| 2022 | $1.5M | $1.4M | $532K | $34K | — | View 990 |
| 2021 | $1.3M | $1.2M | $466K | $24K | — | View 990 |
| 2020 | $884K | $954K | $391K | $41K | — | — |
| 2019 | $849K | $846K | $316K | $5K | — | View 990 |
| 2018 | $808K | $795K | $312K | $5K | — | View 990 |
| 2017 | $721K | $671K | $299K | $5K | — | View 990 |
| 2016 | $577K | $541K | $249K | $5K | — | View 990 |
| 2015 | $567K | $467K | $213K | $5K | — | View 990 |
| 2014 | $483K | $445K | $114K | $6K | — | View 990 |
| 2013 | $448K | $420K | $83K | $6K | — | View 990 |
| 2012 | $346K | $348K | $51K | $0 | — | View 990 |
| 2011 | $274K | $269K | $38K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.4M, and assets of $634K (revenue +9.0% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.4M, and assets of $532K (revenue +16.4% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.2M, and assets of $466K (revenue +43.2% year-over-year).
- 2020: Revenue of $884K, expenses of $954K, and assets of $391K (revenue +4.1% year-over-year).
- 2019: Revenue of $849K, expenses of $846K, and assets of $316K (revenue +5.1% year-over-year).
- 2018: Revenue of $808K, expenses of $795K, and assets of $312K (revenue +12.1% year-over-year).
- 2017: Revenue of $721K, expenses of $671K, and assets of $299K (revenue +25.0% year-over-year).
- 2016: Revenue of $577K, expenses of $541K, and assets of $249K (revenue +1.7% year-over-year).
- 2015: Revenue of $567K, expenses of $467K, and assets of $213K (revenue +17.5% year-over-year).
- 2014: Revenue of $483K, expenses of $445K, and assets of $114K (revenue +7.6% year-over-year).
- 2013: Revenue of $448K, expenses of $420K, and assets of $83K (revenue +29.7% year-over-year).
- 2012: Revenue of $346K, expenses of $348K, and assets of $51K (revenue +26.1% year-over-year).
- 2011: Revenue of $274K, expenses of $269K, and assets of $38K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Vietnamese Minnesotans Association:
Data Sources and Methodology
This transparency report for Vietnamese Minnesotans 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.