National Organization of Vietnamese American Leaders of Greater Dc
Nonprofit profile at a glance
- EIN
- 453546980
- IRS 990-EZ coverage
- 2012–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- Washington DC, DC, USA
- Phone
- 2026705370
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Cultural, Ethnic Awareness
Reported finances
- Revenue
- $11,440
- Expenses
- $80,795
- Assets
- $936
- Liabilities
- $5,320
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Bao Ly (Co-President)
- Nicholas LePham (Co-President)
- TuanAnh Vu (Vice-President)
People named in this filing
- Bao Ly (Co-President)
- Nicholas LePham (Co-President)
- TuanAnh Vu (Vice-President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Founded in 2011, the National Organization for Vietnamese American Leadership of Washington DC is a volunteer-run 501(c)(3) nonprofit dedicated to elevating the Vietnamese American community by professionally developing the next generation of Vietnamese American leaders and preserving and promoting the Vietnamese cultural heritage. We are comprised of professionals who are passionate and committed towards advancing the economic, social and political well-being of the Vietnamese American community. NOVAL-DC hosts and organizes VietFest.
What it reported doing in 2024
The NOVAL-DC Cares Food Distribution program addresses food insecurity in the Vietnamese American Community by distributing food to vulnerable members of the Vietnamese American community in Fairfax County, VA. We distribute food to hundreds of Vietnamese American Seniors at each distribution session.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 94% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 94
- Sustainability: 10
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 87.8%; rating input score 88
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 3rd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -606.2%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 0.01; rating input score 6; 6th percentile among comparable filings
- Liabilities to assets ratio: 5.68; rating input score 2; 2nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 5.5% per year; rating input score 100; 63rd percentile among comparable filings
- Revenue growth: 22% per year; rating input score 100; 91st percentile among comparable filings
- Asset growth: 10.6% per year; rating input score 100; 74th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 87.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $71K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 9 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Operating margin scored 2/100.
- High — Sustainability: Total-asset coverage ratio scored 6/100.
- High — Sustainability: Liabilities to assets ratio scored 2/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.