Teresa Charities Inc
- Assets
- $361.3k
- Revenue
- $271.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Portland, OR
- Founding
- 05/2004
- Data as of
- 12/2023
- EIN
- 77-0625836
Organization Overview
Teresa Charities Inc is located in Portland, OR. The organization was established in 2004. According to its NTEE Classification (P84) the organization is classified as: Ethnic & Immigrant Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Teresa Charities 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, Teresa Charities Inc generated $271.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (13.1%) each year. All expenses for the organization totaled $314.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (11.8%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Teresa Charities Inc has awarded 21 individual grants totaling $308,070. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
HUMANITARIAN AID ORGANIZATION THAT PROVIDES HUMANITARIAN AID TO VIETNAMESEE WITHIN THE UNITED STATES AND ABROAD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIRECT SUPPORT TO UNDERSERVED AND UNDERPRIVILEDGED VIETNAMESE WITHIN THE UNITED STATES OF AMERICA AND ABROAD.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Loan Nguyen Director | OfficerTrustee | 20 | $0 |
Ngoan Nguyen Treasurer | Officer | 2 | $0 |
An Thanh Vu President | Officer | 40 | $0 |
Kim Viet Ngo Vice President | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $3,059 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $243,630 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $246,689 |
| Total Program Service Revenue | $36 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $22,050 |
| 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 | $2,316 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $271,091 |
| 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 | $170,175 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,409 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $574 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,780 |
| Fees for services: Accounting | $1,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $16,232 |
| Office expenses | $7,620 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $33,014 |
| Travel | $10,138 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,664 |
| Insurance | $6,420 |
| All other expenses | $0 |
| Total functional expenses | $314,506 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $75,273 |
| Savings and temporary cash investments | $9,319 |
| 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 | $5,211 |
| Prepaid expenses and deferred charges | $7,716 |
| Net Land, buildings, and equipment | $263,732 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $361,251 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $361,251 |
| Net assets with donor restrictions | $0 |
| 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 | $361,251 |
Grants Awarded
Over the last fiscal year, Teresa Charities Inc has awarded $0 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
JIM PITTMAN | | | $0 |
YSABEL SAN PEDRO SCHULD | | | $0 |
JOSE GONZALEZ | | | $0 |