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Washington · Nonprofit

FRIENDS OF LITTLE SAIGON

FRIENDS OF LITTLE SAIGON (Washington) receives grants from 26 organizations whose IRS filings report $2,648,023 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($1,001,500). 9 of them have funded it in more than one year, and 51% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$3.1M
Funders on record
26
Grants received
$2.6M
Net assets
$1.5M
9/26 repeat funderspeak grant-dependency 19%
01What it does

What Friends of Little Saigon does

Mission

The mission of Friends of Little Saigon is to preserve and enhance little saigon's cultural, economic, and historic vitality.

As stated on its FY2024 Form 990.

Programs

  1. Community engagement: bi-lingual (english and vietnamese) engagement empowering little saigon stakeholders, including residents, business owners, and other community members, to advocate for the community they want to see. This includes the little saigon landmark project (mixed-use development project); ensuring that neighborhood developments and construction benefit the community; bridging connections between community stakeholders and government agencies; and advocating for policies and plans to advance community goals. Over the course of the year, we engaged about 100 stakeholders.

    $1,974,315 spentof which $18,030 as grants$153,274 earned by the program
    80% of program spending
  2. Arts & culture: preserving vietnamese culture through arts, language education, and special events. This includes operating our cultural space; seasonal festivals and events; rotating art exhibit; 10-week vietnamese language course; small business and artist pop-ups; and public art projects. Many of these are offered at our cultural space, and we estimate 48,000 visitors in our space per year.

    $255,483 spentof which $3,000 as grants$25,505 earned by the program
    10% of program spending
  3. Small business support: working with and supporting small business through capacity building, in-language information, and events. This includes providing free bi-lingual techincal assistance; referrals; access to resources for new and existing businesses; small business incubation for budding entrepreneurs and small businesses to test out their concepts and products through pop-ups and retail space at our cultural space. We do consistent outreach to nearly 80 businesses and provide direct assistance to nearly 20.

    $240,373 spentof which $3,220 as grants$27,376 earned by the program
    10% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $2,470,171.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($828k) Expenses 100 ($349k) Net assets 100 ($628k)2021 Revenue 100 ($826k) Expenses 152 ($531k) Net assets 147 ($922k)2022 Revenue 100 ($830k) Expenses 196 ($683k) Net assets 170 ($1.1M)2023 Revenue 155 ($1.3M) Expenses 358 ($1.3M) Net assets 175 ($1.1M)2024 Revenue 374 ($3.1M) Expenses 784 ($2.7M) Net assets 233 ($1.5M)
20202021202220232024
Revenue (374)Expenses (784)Net assets (233)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $1.4M to $7.8M (+473%).

$666k
$977k
$1.4M
$7.8M
$8.5M
20202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 59% · 2021 38% · 2022 44% · 2023 68% · 2024 69%. Grants only. Government contracts and fees sit inside program revenue.

93% of FRIENDS OF LITTLE SAIGON’s revenue is contributions — more donation-reliant than the typical peer (61% for the typical peer).

This organization
Typical peer · 4,434 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 5 reported years ran a deficit.

$479k
’20
$294k
’21
$148k
’22
$29k
’23
$362k
’24
4.6
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Quynh Pham

Executive director

As listed on its FY2024 Form 990.

20202021202220232024
Listed889108
Joined·+1+5+1+0
No longer listed·1402
03Who funds it

Who funds it, year by year

2018 → 2023: the base broadened from 2 funders to 8 funders, grant income rose $55k → $156k.

6 of 26 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 51% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of FRIENDS OF LITTLE SAIGON’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

FRIENDS OF LITTLE SAIGON leans on a few funders — its largest provides 38% of grant income and the top three 64%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

70% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FRIENDS OF LITTLE SAIGON.

38%
largest funder
64%
top three
~5
effective funders

Largest funder’s share by year: 2018 73% · 2019 76% · 2020 69% · 2021 21% · 2022 30% · 2023 38% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

67% of FRIENDS OF LITTLE SAIGON's funders are still giving 3 years after their first grant; 35% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

51% of FRIENDS OF LITTLE SAIGON's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $1.3M that is directly attributable, 69% of it comes from funders outside Washington, across 8 states.

WA
WI
NY
CA
DE
NC
DC
FL

In-state vs out-of-state, by year

’18
’19
’20
’21
’22
’23
Washington out of state home

Funder states come from each funder’s own filing. $1.4M arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

FRIENDS OF LITTLE SAIGON has grown faster than three-quarters of the 4,203 community improvement nonprofits its size.

Operating margin12% · above the median
Months of reserve4.6mo · below the median
Revenue growth (annualized)39% · top quartile

this organization peer median middle 50% of peers· 4,203 community improvement nonprofits $1M–$10M, FY2024

Government funding FRIENDS OF LITTLE SAIGON receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $4.0M on record.

Federal$4.0M
grants $4.0Mcontracts $0
Top agencies
  • Department of Housing and Urban Development$4.0M

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like FRIENDS OF LITTLE SAIGON

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Washington

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

90% of spending goes to programs.

Program 90%Management 8%Fundraising 2%

Governance

7
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

98%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for FRIENDS OF LITTLE SAIGON: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FRIENDS OF LITTLE SAIGON?
FRIENDS OF LITTLE SAIGON (Washington) receives grants from 26 organizations whose IRS filings report $2,648,023 to it, the largest being NATIONAL PHILANTHROPIC TRUST ($1,001,500). 9 of them have funded it in more than one year, and 51% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does FRIENDS OF LITTLE SAIGON have?
IRS filings report 26 organizations giving $2,648,023 in grants to FRIENDS OF LITTLE SAIGON, 9 of which have funded it in more than one year.
Who is the largest funder of FRIENDS OF LITTLE SAIGON?
NATIONAL PHILANTHROPIC TRUST is the largest funder on record, with $1,001,500 in grants. The full list of funders is on this page.
How can an organization like FRIENDS OF LITTLE SAIGON find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 26 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing