Ncavad Inc is located in San Jose, CA. The organization was established in 2016. According to its NTEE Classification (Y03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ncavad Inc 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, Ncavad Inc generated $69.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $80.8k during the year ending 12/2023. 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
IN 2023 ,NCAVAD HAS ORGANIZED MANY ACTIVITIES AND EVENTS FOR THE MEMBERS AND THE COMMUNITY SUCH AS:-CONTINUING EDUCATION CLASSES AND SEMINARS , -APPRECIATION EVENTS AND ANNUAL SUMMER PICNIC,-NEWS LETTERS, MAGAZINE AND PUBLICATION,
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thai Nguyen Vice President | 0 | $0 | |
Nich Nguyen Advisor | 0 | $0 | |
Daniel Nguyen President Elect | 0 | $0 | |
Denise Doan Advisor | 0 | $0 | |
Quyen Duong President | 0 | $0 | |
Ngoc Lan Van Advisor | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,941 |
| Total Program Service Revenue | $9,000 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $69,941 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $80,823 |
| Total expenses | $80,823 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $67,633 |
| Other assets | $0 |
| Total assets | $67,633 |
| Total liabilities | $0 |
| Net assets or fund balances | $67,633 |