Institute For Civic Education In Vietnam
- Assets
- $254.9k
- Revenue
- $234.7k
- Investments
- $0.0
- Employees
- 3
- Location
- Houston, TX
- Founding
- 12/2005
- Data as of
- 08/2023
- EIN
- 20-3324648
Organization Overview
Institute For Civic Education In Vietnam is located in Houston, TX. The organization was established in 2005. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 08/2023, Institute For Civic Education In Vietnam employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For Civic Education In Vietnam 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 08/2023, Institute For Civic Education In Vietnam generated $234.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $192.7k during the year ending 08/2023. While expenses have increased by 12.2% per year over the past 6 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF INSTITUTE FOR CIVIC EDUCATION IN VIETNAM IS TO PROMOTE SOCIAL RESPONSIBILITIES AND TRANSPARENCY IN VIETNAM AND US BY PROVIDING CIVIC EDUCATION, ENTREPRENEURSHIP EDUCATION, AND MANAGERIAL LEADERSHIP DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LYCEUM: DELIVERED 11 ONSITE WORKSHOPS SERVE 430 PEOPLE,36 VIRTUAL WORKSHOPS SERVE 1440 PEOPLE,7 GROUP COACHING SESSIONS SERVE 25 PEOPLE,AND 50 1-1 COACHING HOURS TO SERVE 34 PEOPLE
BOOK TRANSLATION: PUBLISHED THE TRANSLATED BOOK OF DIVINE COMEDY TRANSLATED BY PROF. DO, KHANH HOAN;& SECOND DISCOURSE ON THE ORIGIN OF INEQUALITY TRANSLATED BY MR. DUONG, VAN
EDUCATIONAL PROG: DELIVERED 4 ONLINE CIVIC EDUCATION COURSES SERVE 100 STUDENTS,2 LIFE SKILLS DEVELOPMENT ONLINE COURSES SERVE 453 STUDENTS,AND START-UP BUSINESS ONLINE COURSE
COMMUNITY OUTREACH: ESTABLISHED A CAMPAIGN CALLED VIET VOTE HOUSTO TO PROMOTE CIVIC ENGAGEMENT AMONG VIETNAMESE AMERICAN CITIZENS IN HOUSTON AND VICINITY - COLLABORATE WITH 14 OTHER AAPI ORGANIZATIONS TO PROMOTE THE GOTV (GET OUT THE VOTE) EFFORT FOR VIETNAMESE AMERICAN COMMUNITIES IN HOUSTON AND VICINITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anhlan Nguyen Employee | Officer | 40 | $30,000 |
Jaime Duy Diep Employee | Officer | 30 | $23,400 |
Truong D Nong Directorpresident | OfficerTrustee | 25 | $10,000 |
Nhu-An Huynh Director - Student Affair | Trustee | 8 | $0 |
Linh Vu Director | Trustee | 3 | $0 |
My-Le Vo Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $172,630 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $172,630 |
| Total Program Service Revenue | $60,534 |
| Investment income | $1 |
| Tax Exempt Bond Proceeds | $1,564 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $234,729 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $11,220 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $63,400 |
| Compensation of current officers, directors, key employees. | $63,400 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $23,308 |
| Payroll taxes | $4,850 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $174 |
| Advertising and promotion | $95 |
| Office expenses | $1,209 |
| Information technology | $4,517 |
| Royalties | $0 |
| Occupancy | $8,646 |
| Travel | $8,402 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,030 |
| Interest | $2,136 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $667 |
| Insurance | $1,149 |
| All other expenses | $13,062 |
| Total functional expenses | $192,671 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $191,930 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,402 |
| Investments—publicly traded securities | $61,564 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $254,896 |
| Accounts payable and accrued expenses | $6,645 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $62,300 |
| Other liabilities | $0 |
| Total liabilities | $68,945 |
| Net assets without donor restrictions | $150,951 |
| Net assets with donor restrictions | $35,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $254,896 |