Friendship Foundation of American-vietnamese Inc
Only null% goes to programs Declining revenue
Friendship Foundation of American-vietnamese Inc is a 501(c)(3) organization based in Cleveland, Ohio, registered in 1994, with $35,106 in FY2024 revenue. CharityIndex grades it F.
2234 West Blvd, Cleveland, OH, 44102 EIN 34-1756940 Since 1994
Revenue (FY2024)
$35K
▼ 80.7% vs prior year
Human Services median: $293K
Expenses (FY2024)
$135K
Net assets
$57K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Friendship Foundation of American-vietnamese Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating5 mo reserves · -285% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Friendship Foundation of American-vietnamese Inc: 5 mo reserves · -285% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Friendship Foundation of American-vietnamese Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Friendship Foundation of American-vietnamese Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 2234 West Blvd, Cleveland, OH, 44102
- City
- Cleveland
- State
- Ohio
- Category
- Human Services
- Subcategory
- Services for Specific Populations
Financial trends
Revenue declined from $126K (FY2021) to $35K (FY2024) across 4 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $57K
Operating margin
-284.5%
Spent more than it raised in the latest fiscal year.
Total assets
$57K
Total liabilities
$0
Net assets
$57K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $35,106▼80.7% | $135,000▼48.5% | $57,306▼63.5% | $57,306▼63.5% | 990EZ |
| 2023 | $181,632▲120% | $261,893▲182% | $157,200▼33.8% | $157,200▼33.8% | 990EZ |
| 2022 | $82,625▼34.4% | $93,026▼26.2% | $237,461▼4.2% | $237,461▼4.2% | 990EZ |
| 2021 | $125,985 | $125,971 | $247,862 | $247,862 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $206K total
6 grants to Friendship Foundation of American-vietnamese Inc totaling $206K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Cleveland Foundation | For students and their families who need assistance | 2022 | $6,000 |
| Donor Advised Charitable Giving | Human services | 2021 | $20,000 |
| Donor Advised Charitable Giving | Human services | 2020 | $45,000 |
| Donor Advised Charitable Giving | Human services | 2020 | $45,000 |
| Donor Advised Charitable Giving | Human services | 2019 | $40,000 |
| Donor Advised Charitable Giving | Human services | 2018 | $50,000 |
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Frequently asked questions
- Is Friendship Foundation of American-vietnamese Inc a legitimate nonprofit?
- Yes. Friendship Foundation of American-vietnamese Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 34-1756940, based in Cleveland, Ohio. Donations are tax-deductible.
- What is Friendship Foundation of American-vietnamese Inc's EIN?
- Friendship Foundation of American-vietnamese Inc's Employer Identification Number (EIN) is 34-1756940.
- How much revenue does Friendship Foundation of American-vietnamese Inc report?
- Friendship Foundation of American-vietnamese Inc reported $35,106 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Friendship Foundation of American-vietnamese Inc have?
- CharityIndex grades Friendship Foundation of American-vietnamese Inc F, based on financial health (reserves and operating margin).
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Data for Friendship Foundation of American-vietnamese Inc (EIN 34-1756940) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.