BOAT PEOPLE S O S INC

FALLS CHURCH, VA, 22041-2220 (703) 538-2190 Est. 1991 EIN 54-1563619

P84— Human Services Form 990 501(c)(3)

WWW.BPSOS.ORG

Mission

To assist Vietnamese refugees and immigrants in their search for life in liberty and dignity by empowering and organizing Vietnamese American communities in their progress towards self sufficiency

Financials

Total Revenue

$2,281,341

Total Expenses

$3,254,222

Net Assets

$1,911,476

17 employees

From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve

7.0 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 15.7%

Expenses ↑ 19.8%

Revenue Sources

Contributions 87.1% Earned revenue 4.5% Investment 8.4%

Expense Breakdown

Program 65.2% Management 34.8%

Officers & Key Employees (9)

We treat individual compensation with extra care. Named amounts are on Grow plans.

Grants Received (298)

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Filing History (11 filings)

Year	Revenue	Expenses	Net Assets
2024 Form 990 Jan 1, 2024 to Dec 31, 2024	$2,281,341 ↓	$3,254,222	$1,911,476
2023 Form 990 Jan 1, 2023 to Dec 31, 2023	$2,705,857 ↓	$2,717,441	$2,884,357
2022 Form 990 Jan 1, 2022 to Dec 31, 2022	$6,022,652 ↑	$5,105,409	$4,009,574
2021 Form 990 Jan 1, 2021 to Dec 31, 2021	$5,132,509	$3,999,671	$3,376,360
2021 Form 990 Jan 1, 2021 to Dec 31, 2021	$5,132,509 ↑	$3,999,671	$3,376,360
2020 Form 990 Jan 1, 2020 to Dec 31, 2020	$3,532,642	$3,348,349	$2,318,522
2020 Form 990 Jan 1, 2020 to Dec 31, 2020	$3,532,642 ↑	$3,348,349	$2,318,522
2019 Form 990 Jan 1, 2019 to Dec 31, 2019	$3,449,068 ↓	$3,717,588	$2,142,409
2019 Form 990 Jan 1, 2019 to Dec 31, 2019	$4,658,172 ↑	$5,141,432	$2,024,528
2018 Form 990 Jan 1, 2018 to Dec 31, 2018	$3,642,568	$3,278,976	$2,407,112

1 older filing not shown