Vietnam Foundation
Nonprofit profile at a glance
- EIN
- 010905269
- IRS 990-EZ coverage
- 2009–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- Washington, DC, USA
- Phone
- 4082064939
- Rating
- 93
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Promotion of International Understanding
Reported finances
- Revenue
- $110,736
- Expenses
- $370,165
- Assets
- $264,571
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- KIEN PHAM (President)
People named in this filing
- KIEN PHAM (President)
- TO-ANH PHAM (Treasurer)
- JANET B ABRAMS (Executive Board)
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
The vietnam foundation is dedicated to improving the lives of the vietnamese people through education by supporting educational training programs and integrating technology innovation. The vietnam foundation working with the u.s. National academies brings the expertise of the u.s. Academic community to assist vietnam in the field of education.
What it reported doing in 2024
Khan Academy Vietnam (KAV)Since 2019, VNF has partnered with Khan Academy USA (Website: khanacademy.org) to launch KAV (Website: vi.khanacademy.org) in order to provide free, high-quality online educational lessons to schools, teachers and students across Vietnam. KAV has become a resounding success, recognized by the international community and putting Vietnam as the number two country in the world (outside the US) for using the Khan Academy platform in classrooms. The program has trained over 25,000 teachers in more than 5,300 public schools to integrate digital tools into their classroom teaching. The results of our program have been impressive. KAV has reached over 2 million studentshalf of them are girlsempowering them to excel in STEM subjects and beyond. This is especially significant in rural and remote areas, where educational resources are often limited, and gender disparities in education can persist. Since our launch, the learners have logged nearly 395 million minutes of active learning, with a growth rate of 3 times vs. year ago in 2023, and 4 times vs. year ago in 2024. More remarkably, the learners have come from all corners of Vietnam from the biggest cities to the smallest villages in remote mountainous areas.Total expense is $212,292.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 66% for direct work, and 34% for grants.
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: 99
- Transparency & Controls: 93
- Sustainability: 22
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 96.7%; rating input score 97
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 2nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -234.3%; rating input score 0; 0th percentile among comparable filings
- Total-asset coverage ratio: 0.71; rating input score 48; 48th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 13.3% per year; rating input score 100; 67th percentile among comparable filings
- Revenue growth: 3.2% per year; rating input score 100; 38th percentile among comparable filings
- Asset growth: 11.8% per year; rating input score 100; 66th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 96.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 6 filed program accomplishments · $358K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2009 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.
- High — Sustainability: Operating margin scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 48/100.