Viet Nam Taekwondo Federation is located in Fairfax Station, VA. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Viet Nam Taekwondo Federation 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, Viet Nam Taekwondo Federation generated $6.9k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $6.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 2 years. 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
TRAINED APPROXIMATELY 10-15 STUDENTS TO LEARN AND PRACTICE TAEKWONDO. PARTICIPATED IN THE PERFORMANCE OF MARTIAL ARTS AT MULTIPLE VIETNAMESE CULTURAL EVENTS. THESE PERFORMANCES ARE BY VOLUNTEERS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thanh Dinh Vuong President | 1 | $0 | |
Anhquoc Le Vice President | 10 | $0 | |
Phuong Pham Vice President | 1 | $0 | |
Thuy Tien Nguyen Treasurer | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $6,890 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $6,890 |
| 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 | $3,600 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,421 |
| Total expenses | $6,021 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,359 |
| Other assets | $0 |
| Total assets | $2,359 |
| Total liabilities | $0 |
| Net assets or fund balances | $2,359 |