Truong Buu Diep Foundation
Nonprofit profile at a glance
- EIN
- 453004468
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024, Form 990-N 2012
- Location
- Garden Grove, CA, USA
- Phone
- 7145378159
- Rating
- 54
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Private Grantmaking Foundations
- Affiliation
- Christianity
Reported finances
- Revenue
- $398,318
- Expenses
- $371,852
- Assets
- $282,680
- Liabilities
- $465,829
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- John H Nguyen (Chief Executive Officer)
Highest reported compensation
- John H Nguyen (Chief Executive Officer): $91,000 total reported compensation
- Holly H Pham (Chairwoman): $65,500 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to preserve and uphold a sacred space dedicated to honoring and advancing the canonization process of Father Truong Buu Diep a Catholic priest who was martyred during World War II in Vietnam for his courageous act of saving 70 innocent lives. Following his death countless individuals have reported experiencing graces and miracles attributed to his intercession. As a result an increasing number of faithful believers regard Father Diep as a powerful spiritual intercessor who conveys their prayers to God in times of hardship. Consequently this site has become a revered place of pilgrimage serving as both a temple and a sanctuary where people come to pray and seek comfort through Father Dieps spiritual presence.
What it reported doing in 2024
To raise awareness about Father Truong Buu Diep the Foundation has implemented a comprehensive media outreach strategy including: Recording testimonies from individuals who voluntarily share their experiences of blessings received through prayer with Father Diep then producing weekly video programs shared on Facebook YouTube Instagram Twitter Yelp Google LinkedIn and the official TBDF websites. Maintaining and developing bilingual websites - www.truongbuudiep.org and www.tbdf.org - in both Vietnamese and English. Publishing regular news updates about Foundation activities. Printing and distributing materials such as Father Dieps portraits in three sizes annual books bilingual booklets brochures and leaflets. Providing complimentary water bottles from Costco to visitors. All of these materials and services are offered free of charge including shipping for those who request them from out of state. Many visitors return to express their gratitude and some choose to become voluntary witnesses to Father Dieps graces.
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 100% 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
MIXED - The filed numbers largely add up. A relatively small share of voting board members are independent and a relatively small share of available resources goes toward mission work.
Rating breakdown
- Financial Efficiency: 49
- Transparency & Controls: 90
- Accountability: 28
- Sustainability: 36
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 53.7%; rating input score 54
- Program expense ratio: 57.5%; rating input score 58
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 6.6%; rating input score 54; 54th percentile among comparable filings
- Total-asset coverage ratio: 0.76; rating input score 34; 34th percentile among comparable filings
- Liabilities to assets ratio: 1.65; rating input score 3; 3rd percentile among comparable filings
- Officer compensation ratio: 42.1%; rating input score 6; 6th percentile among comparable filings
Growth
- Program expense growth: -1.8% per year; rating input score 0; 24th percentile among comparable filings
- Revenue growth: -5.5% per year; rating input score 0; 10th percentile among comparable filings
- Asset growth: -2.3% per year; rating input score 0; 17th percentile among comparable filings
Details
- Where the money goes: 53.7% of revenue deployed · 57.5% of spending went to programs
- Governance: 0 of 3 board members independent · 6 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $214K in reported program spending
- Leadership: top reported pay $91K · 3 people listed
- Consistency: 42 of 42 current checks pass
- Schedules: 3 filed schedules
- Filing history: 12 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- High — Accountability: Independent voting board scored 0/100.
- Review — Financial Efficiency: Mission deployment rate scored 54/100.
- Review — Financial Efficiency: Program expense ratio scored 58/100.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Operating margin scored 54/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
- High — Sustainability: Liabilities to assets ratio scored 3/100.
- High — Sustainability: Officer compensation ratio scored 6/100.