Viethope INC FY2023 filing

Tax-deductible

Covina, CA501(c)(3)Since 2002InternationalEIN 03-0485362

Create educational opportunities in Vietnam

501(c)(3) charity; gifts are tax-deductible.
75¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average deficit $2K a year · 2% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
75%
of spending
Looks good: 75% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
8 mo
of spending, in cash
Looks good: 7.9 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $127K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$105K
+56% vs prior year
Spent
$139K
To programs
75%
Net assets
$653K
By yearFY2020–FY2025
Revenue
$105K
FY2023▲ +56%
Revenue by fiscal year
FY2020$89K
FY2021$88K
FY2022$67K
FY2023$105K
FY2024$167K
FY2025$306K
Expenses
$139K
FY2023▲ +22%
Expenses by fiscal year
FY2020$119K
FY2021$87K
FY2022$114K
FY2023$139K
FY2024$156K
FY2025$221K
Net assets
$653K
FY2023▲ +14%
Net assets by fiscal year
FY2020$589K
FY2021$701K
FY2022$572K
FY2023$653K
FY2024$753K
FY2025$932K

From the FY2023 Form 990 · see the original

Give Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 2004.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

75 cents of each dollar spent went to programs.

Program services 75% · $104K Management & general 17% · $23K Fundraising 8% · $12K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

13 people listed on the 990.

Part VII, Section A · reportable compensation
Vn Executive Director
$0Pt VII · Sec A
Vn Director of Programs
$0Pt VII · Sec A
Vn Marketing Director
$0Pt VII · Sec A
Technology and Administration Chair
$0Pt VII · Sec A
President
$0Pt VII · Sec A
Fundraising Chair
$0Pt VII · Sec A
Financial Chair
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Viethope INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides educational opportunities in Vietnam.

Provided by the organization

This section is blank until Viethope INC claims this page.

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3 program services account for $104K of program spending, described in the organization's own filed words · FY2023.
01

Granted 148 VSDP University Scholarships to college students. These students were selected on the basis of financial needs and academic and leadership potential.

$46Kprogram expense
02

YDP (Youth Development Program), YWP (Youth Workshop Program), ADP (Alumni Development Program), MDP and VSDP Operations, VH Fellows Program, and 50% of Salary Breakout designated as Program Cost.

$39Kprogram expense
03

Granted 140 Merit Scholarships to students in grades 6-12. These students were selected for their exceptional academic record and financial need.

$19Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$127K
See all 3 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$105K
Ln 12
Gifts and grantsLn 1h$97K
Investment incomeLn 3$8K
Money outPt IX
$139K
Ln 25
Programscol B$104K
Managementcol C$23K
Fundraisingcol D$12K
Owns and owesPt X
$653K
net assets · Ln 32
Cash and savingsLn 1–2$92K
Total assetsLn 16$653K
LiabilitiesLn 26$0
PeoplePt VI, VII
13
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$97K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Investment incomeLn 3$8K
Total revenueLn 12$105K
Assets in detailPt X, end of year
CashLn 1$52K
SavingsLn 2$40K
Cash and savings togetherLn 1–2$92K
InvestmentsLn 11–13$561K
Total assetsLn 16$653K
LiabilitiesLn 26$0
Net assetsLn 32$653K
OperationsPt I, VI
EmployeesI 50
VolunteersI 650
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$68K$92K
InvestmentsLn 11–13$505K$561K
Total assetsLn 16$572K$653K
LiabilitiesLn 26$0$0
Net assetsLn 32$572K$653K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$81K$81K
Pay of current officers, directors and key staffLn 5$47K$24K$13K$11K
Legal feesLn 11b$98$98
Professional fundraising feesLn 11e$828$828
Office expensesLn 13$5K$5K
Information technologyLn 14$528$528
Conferences, conventions and meetingsLn 19$0
Other expenses (24a–d)Ln 24$5K$0$5K$0
Total functional expensesLn 25$139K$104K$23K$12K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $306K$221K$85K$932K 990 PDF
FY2024 $167K$156K$10K$753K 990 PDF
FY2023 Viewing $105K$139K−$34K$653K 990 PDF
FY2022 $67K$114K−$47K$572K 990 PDF
FY2021 $88K$87K$1K$701K 990 PDF
FY2020 $89K$119K−$31K$589K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $104,808 across 11 lines filed
VIII-1a Federated campaigns$97,235
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$0
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$97,235
VIII-3 Investment incomeRelated to mission $7,573 · Unrelated business $0 · Excluded from tax $0$7,573
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-12 Total revenueRelated to mission $7,573 · Unrelated business $0 · Excluded from tax $0$104,808
Part IX · Statement of functional expenses $139,042 across 8 lines filed
IX-3 Grants and assistance to foreign recipientsPrograms $80,671$80,671
IX-5 Pay of current officers, directors and key staffPrograms $23,699 · Management $12,539 · Fundraising $10,888$47,126
IX-11b Legal feesManagement $98$98
IX-11e Professional fundraising feesFundraising $828$828
IX-13 Office expensesManagement $5,218$5,218
IX-14 Information technologyManagement $528$528
IX-19 Conferences, conventions and meetings$0
IX-24 Other expenses (24a–d)Programs $0 · Management $4,573 · Fundraising $0$4,573
IX-25 Total functional expensesPrograms $104,370 · Management $22,956 · Fundraising $11,716$139,042
Part X · Balance sheet $652,558 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $59,795$51,721
X-2 Savings and temporary cash investmentsStart of year $7,908$40,265
X-11 Publicly traded securitiesStart of year $504,654$560,572
X-16 Total assetsStart of year $572,357$652,558
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $572,357$652,558
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $572,357$652,558
X-33 Total liabilities and net assetsStart of year $572,357$652,558
Part XI · Reconciliation of net assets $652,558 net assets at year end
XI-1 Total revenue$104,808
XI-2 Total expenses$139,042
XI-3 Revenue less expenses−$34,234
XI-4 Net assets at start of year$572,357
XI-5 Net unrealized gains (losses) on investments$94,541
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$19,894
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$652,558

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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