Vietnamese American Youth Alliance Corp
- Assets
- $71.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- San Diego, CA
- Founding
- 05/2006
- Data as of
- 12/2023
- EIN
- 20-1489985
Organization Overview
Vietnamese American Youth Alliance Corp is located in San Diego, CA. The organization was established in 2006. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vietnamese American Youth Alliance Corp 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, Vietnamese American Youth Alliance Corp generated $170.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $145.2k during the year ending 12/2023. While expenses have increased by 9.3% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SAN DIEGO TET FESTIVAL SERVES AS A PLATFORM TO SHOWCASE THE VIBRANT VIETNAMESE CULTURE AND ITS TRADITIONS DURING THE AUSPICIOUS LUNAR NEW YEAR. THIS FESTIVAL HAS GROWN TO BECOME THE SECOND-LARGEST EVENT IN SOUTHERN CALIFORNIA, ATTRACTING A STAGGERING ANNUAL TURNOUT OF 20,000 TO 30,000 VISITORS OVER THREE DAYS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis President | 15 | $0 | |
Alan Tran Treasurer | 15 | $0 | |
Andrew Tran Historian | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $107,865 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $170,033 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $122,677 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $191 |
| Other expenses | $22,348 |
| Total expenses | $145,216 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $71,618 |
| Other assets | $0 |
| Total assets | $71,618 |
| Total liabilities | $0 |
| Net assets or fund balances | $71,618 |