Nonprofit · EIN 27-4115634
VIET DREAMS
Tax-exempt · SAN JOSE, CA 95158
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,882,238 | $173,243 | $1,708,995 | $2,235,033 | $0 | $2,235,033 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,816,822
- Program service revenue
- $0
- Investment income
- $65,416
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $148,886
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $385
- Travel
- $3,854
- Program services (functional)
- $148,886
- Management and general (functional)
- $24,357
Balance sheet and other
- Total assets, start of year
- $526,038
- Total assets, end of year
- $2,235,033
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,235,033
- Land, buildings and equipment
- $1,590,433
- Publicly traded securities
- $118,392
- Net assets without donor restrictions
- $2,235,033
- Gross receipts
- $1,882,238
- Employees
- 0
- Volunteers
- 10
- Year formed
- 2010
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| QUAN K NGUYEN | President & CEO Trustee or director | 5 | $0 |
| ANTHONY MY TRAN | Chairman Trustee or director | 0 | $0 |
| NAM NGUYEN | Treasurer Trustee or director | 4 | $0 |
Address and contacts
- Address (IRS master file)
- 1175 BRANHAM LN UNIT 18201, SAN JOSE, CA 95158-2010
- In care of
- % QUAN K NGUYEN
- Mailing address (990-N for 2010)
- PO box 360624, Milpitas CA 95036
- Principal officer (990 for 2024)
- QUAN K NGUYEN, 1175 BRANHAM LN 18201, SAN JOSE, CA 95158
- Principal officer (990-N for 2010)
- Quan K Nguyen, PO box 360624, Milpitas CA 95036
- Signed the 990
- QUAN K NGUYEN, President & CEO
- Phone
- (408) 410-4920
- Website
- http://vietdreams.org
- Return prepared by
- TAX CONSULTATION OF AMERICA
Mission
PROVIDE FOOD, CLOTHING, SUPPLIES, CLEAN WATER AND FUNDS FOR ORPHANAGES AND SCHOOLS IN VIETNAM.
Program accomplishments
- Built water filtration systems and provided library books, food and clothing for the orphanages in Vietnam. Provided cleft surgery, dental care and oral hygiene for school children in Vietnam. Christmas dinner and toy drive for poor family who live in shelters in San JoseExpenses $148,886 · grants $148,886
- MUSIC GRANT FOR CHILDREN.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 27-4115634
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2011
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $2,235,033
- Income (IRS master file)
- $1,882,238
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $222,047 | $110,055 | $526,038 | IRS |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2010 Officer: Quan K Nguyen | December 31, 2010 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about VIET DREAMS
- What is the EIN of VIET DREAMS?
- The employer identification number (EIN) of VIET DREAMS is 27-4115634.
- Is VIET DREAMS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to VIET DREAMS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VIET DREAMS file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of VIET DREAMS due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VIET DREAMS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of VIET DREAMS?
- The 990 for the year ended December 31, 2024 names QUAN K NGUYEN.
- Who are the officers and directors of VIET DREAMS?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does VIET DREAMS have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,882,238, expenses of $173,243 and total assets of $2,235,033 at year end.
Other nonprofits in SAN JOSE
- SAN ANDREAS REGIONAL CENTER EIN 94-2591195 · last filed 990 for 2025
- YOUNG MENS CHRISTIAN ASSOCIATION OF SILICON VALLEY EIN 94-1156318 · last filed 990 for 2025
- CATHOLIC CHARITIES OF SANTA CLARA COUNTY EIN 94-2762269 · last filed 990 for 2025
- SACRED HEART COMMUNITY SERVICE EIN 23-7179787 · last filed 990 for 2025
- YWCA GOLDEN GATE SILICON VALLEY EIN 94-1186196 · last filed 990 for 2025
- AMIGOS DE GUADALUPE CENTER FOR JUSTICE AND EMPOWERMENT EIN 77-0555838 · last filed 990 for 2025
- THE UNITY CARE GROUP EIN 77-0323115 · last filed 990 for 2025
- ALUM ROCK COUNSELING CENTER INC EIN 23-7367637 · last filed 990 for 2025