Vietnamese Americans Services
Nonprofit profile at a glance
- EIN
- 475530373
- IRS 990 coverage
- 2020–2024
- Forms available
- Form 990 2024, Form 990-N 2016
- Location
- Silver Spring, MD, USA
- Phone
- 3016465852
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $2,436,524
- Expenses
- $1,781,837
- Assets
- $1,521,884
- Liabilities
- $363,319
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- CAROL DAUGHERTY (PRESIDENT)
- THO TRAN (EXECUTIVE DIRECTOR)
Highest reported compensation
- THO TRAN (EXECUTIVE DIRECTOR): $64,000 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 mission of vietnamese-american services is to develop partnerships with business, schools, faith communities and local organizations in order to improve the quality of life for the vietnamese community as well as assisting them to successfully assimilate into american society.
What it reported doing in 2024
Senior low income family assistance: vas helps to improve the quality of life for seniors and people at risk. Vas supports seniors, disabled people and low-income families by providing the following cultural/linguistic services to assist them with social benefits applications and referral services, while also aiming to reduce isolation and loneliness. Vas have supported hundreds of seniors, people with disability, and low-income families. Vas was the only vietnamese agency that helped victims of the long branch fire, many of whom were seniors and people with disability, with disaster relief. We also started the golden lotus charity group that invites community members to join as volunteers to provide home visiting programs to elderly who live alone or at nursing home. Since october 2017, this service group has visited many community members from the most vulnerable population. In order to reduce isolation & loneliness, vas hosts multiple community events throughout the year, such as the mid-autumn festival, senior event, and community picnic events.
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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 59
- Transparency & Controls: 92
- Accountability: 90
- Sustainability: 60
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 57.6%; rating input score 58
- Program expense ratio: 78.5%; rating input score 79
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 26.9%; rating input score 82; 82nd percentile among comparable filings
- Total-asset coverage ratio: 0.85; rating input score 32; 32nd percentile among comparable filings
- Liabilities to assets ratio: 0.24; rating input score 40; 40th percentile among comparable filings
- Officer compensation ratio: 3.6%; rating input score 64; 64th percentile among comparable filings
Growth
- Program expense growth: 49.2% per year; rating input score 100; 97th percentile among comparable filings
- Revenue growth: 50.4% per year; rating input score 100; 98th percentile among comparable filings
- Asset growth: 46.9% per year; rating input score 100; 97th percentile among comparable filings
Details
- Where the money goes: 57.6% of revenue deployed · 78.5% of spending went to programs
- Governance: 7 of 7 board members independent · 6 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $1.4M in reported program spending
- Leadership: top reported pay $64K · 8 people listed
- Consistency: 30 of 30 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 5 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 58/100.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 40/100.