Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 2004.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
96 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
5 people listed on the 990; $28K paid to officers and key staff.
Vu Manh Tan’s $30K as Vietnam Coun is at the 25th percentile of top reported officer pay among 1636 $100K–1M international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2024 | FY2023 | FY2022 |
|---|---|---|---|
| Vu Manh Tan | $29,673 | $27,032 | $27,582 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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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 15aYes
Programs and updates
Empowers communities in Vietnam through socio-economic development.
Questions for Glocal Ventures INC
Your first name shows with your question. Glocal Ventures INC answers here, for everyone.
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Glocal ventures is dedicated to holistic, socio-economic development in vietnam. Glocal ventures mobilizes volunteers from around the world to partner with communities in vietnam to see dreams realized and lives transformed.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2022 990, line by line.
Download 990
| Line | Start FY22 | End FY22 |
|---|---|---|
| Cash and savingsLn 1–2 | $136K | $180K |
| Land, buildings, equipmentLn 10c | $432 | $84 |
| Total assetsLn 16 | $137K | $180K |
| LiabilitiesLn 26 | $0 | $0 |
| Net assetsLn 32 | $137K | $180K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants and assistance to foreign recipientsLn 3 | $69K | $69K | ||
| Pay of current officers, directors and key staffLn 5 | $28K | $28K | ||
| Other salaries and wagesLn 7 | $33K | $33K | ||
| Other employee benefitsLn 9 | $20K | $20K | ||
| Payroll taxesLn 10 | $20K | $20K | ||
| Accounting feesLn 11c | $1K | $1K | ||
| Office expensesLn 13 | $5K | $1K | $4K | $656 |
| Information technologyLn 14 | $192 | $192 | ||
| OccupancyLn 16 | $8K | $8K | ||
| TravelLn 17 | $41K | $39K | $2K | |
| Conferences, conventions and meetingsLn 19 | $1K | $1K | ||
| Depreciation, depletion and amortizationLn 22 | $349 | $349 | ||
| Other expenses (24a–d)Ln 24 | $626 | $626 | ||
| Total functional expensesLn 25 | $228K | $219K | $8K | $656 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $326K | $346K | −$20K | $184K | 990 PDF |
| FY2023 | $337K | $313K | $24K | $204K | 990 PDF |
| FY2022 Viewing | $272K | $228K | $44K | $180K | 990 PDF |
| FY2021 | $182K | $137K | 990 PDF | ||
| FY2020 | $199K | $118K | 990 PDF |
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Schedules filed Part IV
See the full FY2022 990 (6 parts)
Part I · Summary $271,675 revenue, 12 lines filed
Part VI · Governance 4 of 4 board members independent, 1 to look at
Part VIII · Statement of revenue $271,675 across 5 lines filed
Part IX · Statement of functional expenses $227,945 across 13 lines filed
Part X · Balance sheet $180,272 assets, 8 lines filed
Part XI · Reconciliation of net assets $180,272 net assets at year end
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
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