Vietnamese American Roundtable
Nonprofit profile at a glance
- EIN
- 821802251
- IRS 990 coverage
- 2022–2024
- Forms available
- Form 990 2024, Form 990-EZ 2020, Form 990-N 2019
- Location
- San Jose, CA, USA
- Phone
- 4084186070
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Community Coalitions
Reported finances
- Revenue
- $450,387
- Expenses
- $501,089
- Assets
- $393,688
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- Philip Nguyen (Executive Director)
- Christina Johnson (President)
- Atkinson Tran (Vice President)
Highest reported compensation
- Philip Nguyen (Executive Director): $98,654 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Vietnamese American Roundtable (VAR) envisions a strong and unified Vietnamese American community that works towards improving our quality of life. To this end, VAR focuses our mission to organize, advocate, and educate our community. We accomplish this through mobilization, advocacy, and education - mobilization through events and coalition building, advocacy through empowering and strategy, and education through panels, workshops and cultural events.
What it reported doing in 2024
VAR's racial justice projects aim to amplify and uplift the histories, identities, narratives, and experiences of refugees, immigrants, and their descendants against the backdrop of social and racial inequity. The Student Engagement and Education for Development and Success (SEEDS) Summer Youth Program annually hosts 20-30 young local high school and collegiate leaders ages 14-24 to participate in project-based workshops and activities to identify civic and social issues and develop solutions for their communities. The Let's Be Rieu (Let's Be Real) Program is a monthly facilitated conversations on topics of racial justice (anti-AAPI hate, Black Lives Matter, political participation and representation) that has brought together inquiring youth to open up and share their thoughts on contemporary matters relevant to their experiences and identities. Com Gia Dinh is a hybrid anthological project in progress that aims to capture the narratives of community members across generations and languages through food and storytelling. The Com Gia Dinh Project aims to address the adverse impacts of anti-Asian hate and violence by collecting, compiling, and presenting the humanistic experiences of Asian American community members who call San Jose and Santa Clara County home.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 73
- Transparency & Controls: 90
- Accountability: 79
- Sustainability: 32
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 81.4%; rating input score 81
- Program expense ratio: 73.1%; rating input score 73
- Fundraising efficiency: $9.25 raised per $1 spent on fundraising; rating input score 37; 37th percentile among comparable filings
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: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 4 of 8 controls in place; rating input score 50
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -11.3%; rating input score 21; 21st percentile among comparable filings
- Total-asset coverage ratio: 0.79; rating input score 34; 34th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 19.7%; rating input score 19; 19th percentile among comparable filings
Growth
- Program expense growth: 29.1% per year; rating input score 100; 90th percentile among comparable filings
- Revenue growth: 17.5% per year; rating input score 100; 85th percentile among comparable filings
- Asset growth: 13% per year; rating input score 100; 73rd percentile among comparable filings
Details
- Where the money goes: 81.4% of revenue deployed · 73.1% of spending went to programs
- Governance: 10 of 10 board members independent · 4 of 8 filing controls reported
- Programs: 10 filed program accomplishments · $366K in reported program spending
- Leadership: top reported pay $99K · 10 people listed
- Consistency: 20 of 20 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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.
- Review — Accountability: Governance controls: 3 of 7 not reported.
- Moderate — Financial Efficiency: Fundraising efficiency scored 37/100.
- High — Sustainability: Operating margin scored 21/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
- High — Sustainability: Officer compensation ratio scored 19/100.