Tri an Foundation EIN 86-1893350 Form 990 (PDF) Claim this org

Tri an Foundation FY2022 filing

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Provides food, education, healthcare, water, and shelter to vulnerable people in Vietnam and Cambodia. For fiscal year 2022 it reported $293K in revenue, $247K in expenses, and $253K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Westminster, CA
Website
trianfoundation.com
Filings
4 on file (2021–2022)
Revenue
$293KFY2022
Expenses
$247K
Net assets
$253K
People
3
Filings
4
Updates
0
More identity details & actions ⌄
EIN  86-1893350 Public charity (501(c)(3)) Westminster, CA
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Provides food, education, healthcare, water, and shelter to vulnerable people in Vietnam and Cambodia.
Leadership
Kathy Nguyen · President
Money in and out
$293K revenue, $247K expenses
Bottom line
88% program efficiency
Where the money goes · FY2022
Total revenue
$293K
Pt VIII · Ln 12
Total expenses
$247K
Pt IX · Ln 25
Net assets
$253K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $46K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.12
Program efficiency
88%
of spending reaches programs
Operating runway
12.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
+16%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$293K
FY2022▼ -40%
Expenses
$247K
FY2022▼ -12%
Total assets
$253K
FY2022▲ +22%
Total liabilities
$200
FY20220%
Total revenue
$293K
Pt VIII · Ln 12
Total expenses
$247K
Pt IX · Ln 25
Net assets
$253K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$46K
Total assetsPt X · Ln 16$253K
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

3 program services account for $199K of program spending, described in the organization's own filed words · FY2022.
01

Various aids and foods for the poor

$92Kprogram expense
02

Medical assistance

$62Kprogram expense
03

Housing assistance

$44Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTri an Foundation
EINHdr · item D86-1893350
Principal addressHdr · item CWestminster, CA
WebsiteHdr · item Jtrianfoundation.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P20)
Ruling yearIRS BMFOct 2021

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$293K
Investment income$75
Total revenueLn 12$293K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.12
Program services88%$218K
Management & general12%$29K
Total functional expensesLn 25$247K

Balance Sheet

Part X · end of year
CashLn 1$253K
Total assetsLn 16$253K
Total liabilitiesLn 26$200
Total net assetsLn 32$253K
Months of cash on handcomputed12.3

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $253K · Operating expenses/yr $247K
12.3 months
Where the money goes
Program services
Program services $218K · Total expenses $247K
88%
Management & General
Management & general $29K · Total expenses $247K
12%
Fundraising
Fundraising $0 · Total expenses $247K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $391K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $293K · Total revenue $293K
100%
Government reliance
Government grants — · Total revenue $293K
Earned-income share
Program service revenue $0 · Total revenue $293K
0%
Investment reliance
Investment income $75 · Total revenue $293K
+0.03%
Program self-sufficiency
Program service revenue $0 · Total expenses $247K
0%
Growth & trend
Revenue growth (YoY)
This year $293K · Prior year $489K
-40%
Net-asset trend (YoY)
End of year $253K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $293K · Expenses $247K
+16%
Liabilities-to-Assets
Total liabilities — · Total assets $253K
Net-asset ratio
Net assets $253K · Total assets $253K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $253K
0%
People & payroll
Highest Reported Total Compensation
Individual Kathy Nguyen · Reported title President · Highest reported compensation $0 · Total expenses $247K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $247K
0%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 12%
Fundraising cost ratio 0%
Revenue growth -40%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$49K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$328K revenue · ⤓ 990 PDF
FY2023$299K revenue · ⤓ 990 PDF
FY2022$293K revenue · viewing · ⤓ 990 PDF
FY2021$489K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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