Louisiana · Nonprofit
Vietnamese Initiatives in Economic Train
Vietnamese Initiatives in Economic Train (Louisiana) receives grants from 12 organizations whose IRS filings report $825,768 to it, the largest being THE KRESGE FOUNDATION ($392,000). 5 of them have funded it in more than one year.
- Revenue FY2024
- $658k
- Funders on record
- 12
- Grants received
- $826k
- Net assets
- $321k
What Vietnamese Initiatives in Economic Train does
Mission
Vietnamese Initiatives in Economic Training works to develop educational and economis training programs, and acts as a resource center for minority residents in louisiana.
As stated on its FY2024 Form 990.
Programs
Office of violence against women(ovw), through the ovw program, the program provides advocacy and direct services to our targeted non-english speaking underserved and underrepresented individuals and communities. Vietnamese Initiatives in Economic Training (viet) provided direct services to thier clinets during the year.
$80,954 spent35% of program spendingThe family first program receives funding from the louisiana dept. Of children & family services (dcfs), under the family violence prevention & intervention programm to provide outreach and education services, interpreting & translation, employment, counseling & referral services - to victims of violence, sexual assault and dating violence.
$54,212 spent23% of program spendingVoca - office for victims of crime/louisiana commission on law enforcement:through the voca program, the program provides advocacy and direct services to our targeted non-english speaking underserved and underrepresented individuals and communities. Vietnamese Initiatives in Economic Training (viet) provided direct services to thier clients during the year.
$48,795 spent21% of program spendingSnap-supplemental nutrition assistance program - assisted with applying for food stamps online, and personal or phone assistance. Assisted with appealing process, translation and interpreting services. Provided educationa nd outreach on healthy lifestyle changes and wellness and provided healthy cooking demonstrations.partnered with organizaiton to help promote snap programs.
$48,776 spent21% of program spendingSmall grants and other
The 5 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $232,737.
The organization over time
Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $270k to $337k (+25%).
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.
Government-grant reliance: 2019 89% · 2020 91% · 2021 91% · 2022 67% · 2023 61% · 2024 68%. Grants only. Government contracts and fees sit inside program revenue.
94% of Vietnamese Initiatives in Economic Train’s revenue is contributions — more donation-reliant than the typical peer (62% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 6 reported years ran a deficit.
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
Lang Le
Executive Director
Board chair
Terrie Guerin
Chairperson
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 3 funders to 6 funders, grant income rose $78k → $210k.
2 of 12 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 15% 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 Vietnamese Initiatives in Economic Train’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
Vietnamese Initiatives in Economic Train leans on a few funders — its largest provides 47% of grant income and the top three 70%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
52% 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 Vietnamese Initiatives in Economic Train.
Largest funder’s share by year: 2017 69% · 2018 95% · 2020 100% · 2021 77% · 2022 72% · 2023 36% — 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
20% of Vietnamese Initiatives in Economic Train's funders are still giving 3 years after their first grant; 42% give in more than one year at all.
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
Vietnamese Initiatives in Economic Train draws 61% of its grant income from funders outside Louisiana, across 5 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $124k arriving through sponsors registered in 2 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.
Against its field
Vietnamese Initiatives in Economic Train runs a healthier operating margin than three-quarters of the 11,971 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 11,971 community improvement nonprofits $100k–$1M, FY2024
Government funding Vietnamese Initiatives in Economic Train receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $450k on record.
- Department of Justice$450k
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 Vietnamese Initiatives in Economic Train
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 Louisiana
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
45% of spending goes to programs.
Governance
Public support
94%
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 Vietnamese Initiatives in Economic Train: 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.
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 Vietnamese Initiatives in Economic Train?
- Vietnamese Initiatives in Economic Train (Louisiana) receives grants from 12 organizations whose IRS filings report $825,768 to it, the largest being THE KRESGE FOUNDATION ($392,000). 5 of them have funded it in more than one year.
- How many funders does Vietnamese Initiatives in Economic Train have?
- IRS filings report 12 organizations giving $825,768 in grants to Vietnamese Initiatives in Economic Train, 5 of which have funded it in more than one year.
- Who is the largest funder of Vietnamese Initiatives in Economic Train?
- THE KRESGE FOUNDATION is the largest funder on record, with $392,000 in grants. The full list of funders is on this page.
- How can an organization like Vietnamese Initiatives in Economic Train find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Louisiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Vietnamese Initiatives in Economic Train →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 12 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