Vietnamese Christian Restoration Ministry

Nonprofit profile at a glance

EIN
465503389
IRS 990-EZ coverage
2018–2024
Forms available
Form 990 2022, Form 990-EZ 2024
Location
Dallas, TX, USA
Phone
9724063712
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Protestant
Affiliation
Christianity

Official website

Reported finances

Revenue
$142,145
Expenses
$111,261
Assets
$146,865
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • TRONG DU (PRESIDENT)
  • THUVAN NGUYEN (VICE PRESIDENT)

People named in this filing

  • REV DUONG TAN NGUYEN (BOARD MEMBER)
  • TRONG DU (PRESIDENT)
  • THUVAN NGUYEN (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

To restore and renew hope to vietnamese individuals and families suffering from drug addiction and other destructive lifestyles through the proclamation of the transforming power of the gospel of jesus christ.

What it reported doing in 2024

Vcrm organizes fundraising concerts at various locations across the united statesthroughout the year. Expenses for these events include, but are not limited to, air and ground travel, venue rental, musician fees, food, lodging, vehicle rental, and poster design and printing.

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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. No material rating questions were generated from the available inputs.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 100
  • Sustainability: 72
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74.6%; rating input score 75
  • Program expense ratio: 95.4%; rating input score 95

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 21.7%; rating input score 76; 76th percentile among comparable filings
  • Total-asset coverage ratio: 1.32; rating input score 68; 68th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 18.8% per year; rating input score 100; 75th percentile among comparable filings
  • Revenue growth: 3.7% per year; rating input score 100; 40th percentile among comparable filings
  • Asset growth: 15.3% per year; rating input score 100; 73rd percentile among comparable filings

Details

  • Where the money goes: 74.6% of revenue deployed · 95.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $106K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2018 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.