Overview
What is Viet Toc Foundation Inc?
Viet Toc Foundation Inc is a nonprofit organization situated in Silver Spring, Maryland. Their primary mission is to empower underprivileged Montagnard children by providing them with essential education materials. Moreover, they aim to meet the basic health and sanitary needs of the impoverished Montagnard community. The foundation distributes and supplies educational resources for children from elementary school to college and university levels. Their work is dedicated to uplifting the education standard and improving living conditions for this specific community.
Official website here: www.viettoc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Star rating.
The Viet Toc Foundation Inc has received a low rating from Charity Navigator, indicating significant concerns regarding its governance and financial practices. With an overall accountability and finance score of 54%, the organization lacks independent board members and essential policies, such as a conflict of interest and whistleblower policies. Furthermore, financial statements were not provided, impacting transparency.
Despite these issues, the foundation has a strong program expense ratio of 90.65%, reflecting that a substantial portion of its expenses goes directly to its programs. This suggests that while the governance and accountability aspects are deficient, the organization is committed to using funds effectively for its intended purposes. However, the absence of critical financial documentation and policies raises red flags for potential donors.
In summary, while Viet Toc Foundation Inc demonstrates efficacy in program spending, its overall low rating signifies a need for improvement in governance practices, transparency, and accountability to build trust with stakeholders and potential donors.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Viet Toc Foundation Inc?
94% of 37 reviewers on Facebook recommend Viet Toc Foundation Inc. Here is a summary of their reviews:
Many users express a deep appreciation for the organization's mission and impact, highlighting the positive experiences they've had with Viet Toc. The overall sentiment is overwhelmingly favorable, with individuals emphasizing their love for the foundation and its commitment to serving the community. The strong recommendation rate suggests that supporters feel confident in the services provided and the values upheld by the nonprofit.
Overall, Viet Toc Foundation Inc. appears to be well-regarded among its supporters, who are enthusiastic about the work being accomplished and the difference it makes.
This AI summary has been generated from reviews found on Facebook.
Is Viet Toc Foundation Inc legitimate?
Viet Toc Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Viet Toc Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.viettoc.org
What is the mission statement of Viet Toc Foundation Inc?
The Viet Toc Foundation Inc's primary mission is to advocate for and facilitate education for underprivileged Montagnard children. Additionally, they strive to address the basic health and sanitary needs of impoverished Montagnard communities. Through their efforts, they distribute and supply educational materials to children from kindergarten to college and university levels. In essence, the foundation aims to enhance the opportunities and living conditions for this specific community.
Official website here: www.viettoc.org
What is the revenue of Viet Toc Foundation Inc?
Viet Toc Foundation Inc's revenue in 2022 was $915,490.
Official website here: www.viettoc.org
Who are the executives of Viet Toc Foundation Inc and what are their salaries?
There 30 volunteers at Viet Toc Foundation Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.viettoc.org
Where can I find the form 990 for Viet Toc Foundation Inc?
Viet Toc Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.viettoc.org
Learn more at the official website: www.viettoc.org
Mission Statement of Viet Toc Foundation Inc
Viet Toc Foundation Inc is dedicated to making a significant impact in the lives of underprivileged Montagnard children and impoverished Montagnard communities. The organization's primary mission revolves around promoting education and addressing basic health and sanitary needs. By distributing and supplying educational materials, Viet Toc Foundation Inc supports children from primary school to college and university levels. The foundation's goal is to elevate the educational opportunities of these disadvantaged children, thereby paving the way for a brighter future. Furthermore, Viet Toc Foundation Inc focuses on providing essential health and sanitary necessities to the impoverished Montagnard population, ensuring they have access to the most basic needs to lead healthy and dignified lives.
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Impact
July, 2024
Viet Toc Foundation Inc's impact includes providing education for underprivileged Montagnard children and addressing basic health and sanitary needs for impoverished Montagnard people. They distribute and supply education materials for children from K-12, college, and university students. Their work directly benefits vulnerable populations and contributes to improving their quality of life.
This information is meant to be a general summary of Viet Toc Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,232
- Gross Receipts: $915,490
Assets and Liabilities:
- Total Assets: $2,124,681
- Total Liabilities: $0
- Net Assets: $2,124,681
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Organization Details
Founding Year
2000
Principal Officer
Nhungkathy B Vu
Website
www.viettoc.orgNTEE Category
Code: Q30 - International
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