990-ez vietdreams 2012

47
2012 TAX RETURN Client: Prepared for: Prepared by: Date: Comments: Route to: FDIL2001L 05/31/12 Client Copy 27411563 VIET DREAMS 1876 ANNE MARIE CT SAN JOSE, CA 95132 408-410-4920 Cuc Trinh-Nguyen E.A TAX CONSULTATION OF AMERICA 88 TULLY RD STE 106 SAN JOSE, CA 95111-1923 (408) 971-1888 February 15, 2013

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Viet Dreams 2012 Tax Report 990 EZ

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Page 1: 990-ez Vietdreams 2012

2012 TAX RETURN

Client:

Prepared for:

Prepared by:

Date:

Comments:

Route to:

FDIL2001L 05/31/12

Client Copy

27411563

VIET DREAMS1876 ANNE MARIE CTSAN JOSE, CA 95132408-410-4920

Cuc Trinh-Nguyen E.ATAX CONSULTATION OF AMERICA88 TULLY RD STE 106SAN JOSE, CA 95111-1923(408) 971-1888

February 15, 2013

Page 2: 990-ez Vietdreams 2012

2012 Exempt Org. Returnprepared for:

VIET DREAMS1876 ANNE MARIE CTSAN JOSE, CA 95132

TAX CONSULTATION OF AMERICA88 TULLY RD STE 106

SAN JOSE, CA 95111-1923

Page 3: 990-ez Vietdreams 2012

TAX CONSULTATION OF AMERICA88 TULLY RD STE 106SAN JOSE, CA 95111-1923(408) 971-1888

Client 27411563February 15, 2013

VIET DREAMS1876 ANNE MARIE CTSAN JOSE, CA 95132408-410-4920

FEDERAL FORMS

Form 990-EZ 2012 Return of Organization Exempt from Income TaxSchedule A Organization Exempt Under Section 501(c)(3)Schedule O Supplemental InformationForm 990-T 2012 Exempt Organization Bus. Income Tax ReturnForm 8879-EO IRS e-file Signature Authorization

CALIFORNIA FORMS

Form 199 2012 California Exempt Organization ReturnForm 109 2012 California Exempt Org. Bus. Inc. Tax ReturnForm 3805Q NOL Deduction - CorporationsForm RRF-1 2013 Registration/Renewal Fee Report

FEE SUMMARY

Preparation Fee

TAX CONSULTATION OF AMERICA88 TULLY RD STE 106SAN JOSE, CA 95111-1923(408) 971-1888

Client 27411563February 15, 2013

VIET DREAMS1876 ANNE MARIE CTSAN JOSE, CA 95132408-410-4920

FEDERAL FORMS

Form 990-EZ 2012 Return of Organization Exempt from Income TaxSchedule A Organization Exempt Under Section 501(c)(3)Schedule O Supplemental InformationForm 990-T 2012 Exempt Organization Bus. Income Tax ReturnForm 8879-EO IRS e-file Signature Authorization

CALIFORNIA FORMS

Form 199 2012 California Exempt Organization ReturnForm 109 2012 California Exempt Org. Bus. Inc. Tax ReturnForm 3805Q NOL Deduction - CorporationsForm RRF-1 2013 Registration/Renewal Fee Report

FEE SUMMARY

Preparation Fee

Page 4: 990-ez Vietdreams 2012

2012 2011 DiffFORM 990-EZ REVENUEContributions, gifts, and grants. . . . . . . . . . . . 97,985 81,495 16,490Investment income. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46 0 46

Total revenue. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 98,031 81,495 16,536

EXPENSESGrants and similar amounts paid. . . . . . . . . . . . . . 44,175 41,271 2,904Professional fees/pymt to contractors. . . . . 230 515 -285Printing, publications, and postage. . . . . . . . 158 657 -499Other expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25,801 15,681 10,120

Total expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70,364 58,124 12,240

NET ASSETS OR FUND BALANCESExcess or (deficit) for the year. . . . . . . . . . . . 27,667 23,371 4,296Net assets/fund bal. at beg. of year. . . . . . 24,898 1,527 23,371Net assets/fund bal. at end of year. . . . . . . . 52,565 24,898 27,667

2012 Federal Exempt Organization Tax Summary (EZ) Page 1

VIET DREAMS 27-4115634

Page 5: 990-ez Vietdreams 2012

2012 2011 DiffREVENUEOther income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46 0 46

Total revenue. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46 0 46

DEDUCTIONSTotal deductions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 0 0

UNRELATED BUSINESS TAXABLE INCOMEUnrelated bus taxable inc (line 30). . . . . . . . 46 0 46Unrelated bus taxable inc (line 32). . . . . . . . 46 0 46Specific deduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,000 0 1,000

Unrelated business taxable income. . . . . . . . . . . 0 0 0

TAX COMPUTATIONIncome tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 0 0

Net tax. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 0 0

PAYMENTS AND CREDITSTotal payments and credits . . . . . . . . . . . . . . . . . . . . . 0 0 0

REFUND OR AMOUNT DUETax due. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 0 0Overpayment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 0 0

2012 Federal Unrelated Business Income Tax Summary Page 1

VIET DREAMS 27-4115634

Page 6: 990-ez Vietdreams 2012

2012 2011 DiffREVENUEOther income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46 0 46Gross contributions, gifts, & grants. . . . . . 97,985 81,495 16,490

Total income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 98,031 81,495 16,536

EXPENSES AND DISBURSEMENTSContributions, gifts, grants . . . . . . . . . . . . . . . . . . 44,175 41,271 2,904Other deductions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26,189 16,853 9,336

Total deductions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70,364 58,124 12,240

Excess of receipts over disbursements. . . . . 27,667 23,371 4,296

FILING FEEFiling fee . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 10 0Balance due. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 10 0

SCHEDULE LBeginning Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24,898 1,527 23,371Beginning Liabilities & Net Worth. . . . . . . . . . . 24,898 1,527 23,371

Ending Assets. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 52,565 24,898 27,667Ending Liabilities & Net Worth . . . . . . . . . . . . . . . 52,565 24,898 27,667

2012 California 199 Tax Summary Page 1

VIET DREAMS 27-4115634

Page 7: 990-ez Vietdreams 2012

2012 2011 DiffREVENUEOther income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46 0 46

Total unrelated business income. . . . . . . . . . . . . . 46 0 46

DEDUCTIONSTotal deductions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 0 0

UNRELATED BUSINESS TAXABLE INCOMEUnrel. bus. taxable income (Line 26). . . . . . 46 0 46Unrel. bus. taxable income (Line 28). . . . . . 46 0 46Specific deduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,000 0 1,000Unrelated business taxable income. . . . . . . . . . . -954 0 -954

TAX COMPUTATIONNet unrelated business taxable income. . . . . -954 0 -954Tax. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 0 0Less credits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 0 0Balance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 0 0

Total tax. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 0 0

PAYMENTSTotal payments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 0 0

REFUND OR AMOUNT DUEOverpayment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 0 0Penalties and interest . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 0 0

Total due. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 0 0

2012 California 109 Tax Summary Page 1

VIET DREAMS 27-4115634

Page 8: 990-ez Vietdreams 2012

Forms needed for this return

Federal: 990-EZ, Sch A, Sch O, 990-TCalifornia: 199, 109, 3805Q, RRF-1

2012 General Information Page 1

VIET DREAMS 27-4115634

Tax Rates

Unrelated Business Marginal Effective

Federal 0. % 0. %California 8.8 % 0. %

Carryovers to 2013

California Carryovers

Eligible Small Business Loss 954.

Page 9: 990-ez Vietdreams 2012

2012 Preparer e-file Instructions - Federal Page 0

VIET DREAMS 27-4115634

The organization's Federal tax return is NOT FINISHED until you complete the following instructions.

Prior to transmission of the return

Form 990-EZThe organization should review their Federal Return along with any accompanyingschedules and statements.

Paperless e-fileThe organization should read, sign and date the Form 8879-EO, IRS e-fileSignature Authorization.

Even ReturnNo payment is required.

After transmission of the return

Receive acknowledgement of your e-file transmission status.Within several hours, connect with Lacerte and get your first acknowledgement(ACK) that Lacerte has received your transmission file.

Connect with Lacerte again after 24 and then 48 hours to receive your FederalACKs.

Keep a signed copy of Form 8879-EO, IRS e-file Signature Authorization in your files for 3 years.

Do not mail:

Form 8879-EO IRS e-file Signature Authorization

Additional Instructions:

Form 990-T (Exempt Organization Business Income Tax Return) return cannot befiled electronically. You must file this return as a conventional paper return.

Page 10: 990-ez Vietdreams 2012

IRS e-file Signature AuthorizationOMB No. 1545-1878for an Exempt OrganizationForm 8879-EO

, .For calendar year 2012, or fiscal year beginning , 2012, and ending

2012G Do not send to the IRS. Keep for your records.Department of the TreasuryInternal Revenue Service

Name of exempt organization Employer identification number

Name and title of officer

Type of Return and Return Information (Whole Dollars Only)Part ICheck the box for the return for which you are using this Form 8879-EO and enter the applicable amount, if any, from the return. If youcheck the box on line 1a, 2a, 3a, 4a, or 5a, below, and the amount on that line for the return being filed with this form was blank, thenleave line 1b, 2b, 3b, 4b, or 5b, whichever is applicable, blank (do not enter -0-). But, if you entered -0- on the return, then enter -0- onthe applicable line below. Do not complete more than 1 line in Part I.

Form 990 check here. . . . . Total revenue, if any (Form 990, Part VIII, column (A), line 12). . . . . . . . . 1 a b 1 bG

Form 990-EZ check here . . . . . Total revenue, if any (Form 990-EZ, line 9). . . . . . . . . . . . . . . . . . . . . . . . 2 a b 2 bG

Form 1120-POL check here. . . . . . Total tax (Form 1120-POL, line 22). . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 a b 3 bG

Form 990-PF check here . . . . . Tax based on investment income (Form 990-PF, Part VI, line 5). . . . 4 a b 4 bGForm 8868 check here. . . . Balance Due (Form 8868, Part I, line 3c or Part II, line 8c) . . . . . . . . . . . . . 5 a b 5 bG

Part II Declaration and Signature Authorization of OfficerUnder penalties of perjury, I declare that I am an officer of the above organization and that I have examined a copy of the organization's 2012electronic return and accompanying schedules and statements and to the best of my knowledge and belief, they are true, correct, and complete.I further declare that the amount in Part I above is the amount shown on the copy of the organization's electronic return. I consent to allow myintermediate service provider, transmitter, or electronic return originator (ERO) to send the organization's return to the IRS and to receive fromthe IRS (a) an acknowledgement of receipt or reason for rejection of the transmission, (b) the reason for any delay in processing the return orrefund, and (c) the date of any refund. If applicable, I authorize the U.S. Treasury and its designated Financial Agent to initiate an electronicfunds withdrawal (direct debit) entry to the financial institution account indicated in the tax preparation software for payment of theorganization's federal taxes owed on this return, and the financial institution to debit the entry to this account. To revoke a payment, I mustcontact the U.S. Treasury Financial Agent at 1-888-353-4537 no later than 2 business days prior to the payment (settlement) date. I alsoauthorize the financial institutions involved in the processing of the electronic payment of taxes to receive confidential information necessary toanswer inquiries and resolve issues related to the payment. I have selected a personal identification number (PIN) as my signature for theorganization's electronic return and, if applicable, the organization's consent to electronic funds withdrawal.

Officer's PIN: check one box only

I authorize to enter my PIN as my signatureERO firm name Enter five numbers, but

do not enter all zeros

on the organization's tax year 2012 electronically filed return. If I have indicated within this return that a copy of the return is being filed witha state agency(ies) regulating charities as part of the IRS Fed/State program, I also authorize the aforementioned ERO to enter my PIN onthe return's disclosure consent screen.

As an officer of the organization, I will enter my PIN as my signature on the organization's tax year 2012 electronically filed return. If I haveindicated within this return that a copy of the return is being filed with a state agency(ies) regulating charities as part of the IRS Fed/Stateprogram, I will enter my PIN on the return's disclosure consent screen.

Officer's signature DateG G

Part III Certification and Authentication

ERO's EFIN/PIN. Enter your six-digit electronic filing identificationnumber (EFIN) followed by your five-digit self-selected PIN . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

do not enter all zeros

I certify that the above numeric entry is my PIN, which is my signature on the 2012 electronically filed return for the organization indicatedabove. I confirm that I am submitting this return in accordance with the requirements of Pub 4163, Modernized e-File (MeF) Information forAuthorized IRS e-file Providers for Business Returns.

ERO's signature DateG G

ERO Must Retain This Form ' See InstructionsDo Not Submit This Form To the IRS Unless Requested To Do So

Form 8879-EOBAA For Paperwork Reduction Act Notice, see instructions.

TEEA7401L 11/09/12

27-4115634VIET DREAMS

QUAN K NGUYEN President & CEO

X 98,031.

X TAX CONSULTATION OF AMERICA 27411

77555021255

Cuc Trinh-Nguyen E.A

Page 11: 990-ez Vietdreams 2012

Short FormOMB No. 1545-1150

Return of Organization Exempt From Income TaxForm 990-EZ

Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code 2012(except black lung benefit trust or private foundation)G Sponsoring organizations of donor advised funds, organizations that operate one or more hospital facilities, and certain

controlling organizations as defined in section 512(b)(13) must file Form 990 (see instructions). All other organizations withOpen to Publicgross receipts less than $200,000 and total assets less than $500,000 at the end of the year may use this form.Department of the Treasury InspectionInternal Revenue Service G The organization may have to use a copy of this return to satisfy state reporting requirements.

A ,For the 2012 calendar year, or tax year beginning , 2012, and endingB Check if applicable: Employer identification numberC D

Address change

Name changeTelephone numberE

Initial return

Terminated

Amended return F Group ExemptionApplication pending GNumber. . . . . . . . . . . .

GAccounting Method: Cash Accrual Other (specify)G CheckH if the organization is notGGI Website: required to attach Schedule B (Form

990, 990-EZ, or 990-PF).HJ 501(c)(3) 501(c) ( ) (insert no.) 4947(a)(1) or 527Tax-exempt status (check only one) '

GCheckK if the organization is not a section 509(a)(3) supporting organization or a section 527 organization and its gross receipts arenormally not more than $50,000. A Form 990-EZ or Form 990 return is not required though Form 990-N (e-postcard) may be required (seeinstructions). But if the organization chooses to file a return, be sure to file a complete return.

Add lines 5b, 6c, and 7b, to line 9 to determine gross receipts. If gross receipts are $200,000 or more, or if totalLG$assets (Part II, line 25, column (B) below) are $500,000 or more, file Form 990 instead of Form 990-EZ. . . . . . . . .

Part I Revenue, Expenses, and Changes in Net Assets or Fund Balances (see the instructions for Part I)Check if the organization used Schedule O to respond to any question in this Part I. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Contributions, gifts, grants, and similar amounts received. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 1

Program service revenue including government fees and contracts. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 2

Membership dues and assessments. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 3

Investment income. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44

Gross amount from sale of assets other than inventory . . . . . . . . . . . . . . . . . . . . 5 a 5 a

Less: cost or other basis and sales expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b 5 b

5 cc Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Gaming and fundraising events6R Gross income from gaming (attach Schedule G if greater than $15,000) . . . . a 6 aEV $Gross income from fundraising events (not including of contributionsbEN from fundraising events reported on line 1) (attach Schedule G if the sumU

of such gross income and contributions exceeds $15,000) . . . . . . . . . . . . . . . . . 6 bE

Less: direct expenses from gaming and fundraising events . . . . . . . . . . . . . . . . c 6 c

Net income or (loss) from gaming and fundraising events (add lines 6a andd6b and subtract line 6c) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 d

Gross sales of inventory, less returns and allowances . . . . . . . . . . . . . . . . . . . . . 7 a 7 a

Less: cost of goods sold. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b 7 b

Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a). . . . . . . . . . . . . . . . . . . . . . . . . . . . c 7 c

Other revenue (describe in Schedule O) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 8

G9 9Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

10Grants and similar amounts paid (list in Schedule O). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10

Benefits paid to or for members. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 11

E Salaries, other compensation, and employee benefits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 12XP Professional fees and other payments to independent contractors. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 13EN Occupancy, rent, utilities, and maintenance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 14SE Printing, publications, postage, and shipping. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 15S

Other expenses (describe in Schedule O). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 16

G17 17Total expenses. Add lines 10 through 16 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Excess or (deficit) for the year (Subtract line 17 from line 9). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1818AS Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with end-of-year19N S

E figure reported on prior year's return). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19ET T

Other changes in net assets or fund balances (explain in Schedule O). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 20S

GNet assets or fund balances at end of year. Combine lines 18 through 20. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 21

BAA For Paperwork Reduction Act Notice, see the separate instructions. Form 990-EZ (2012)

TEEA0803L 12/07/12

27-4115634

408-410-4920

VIET DREAMS1876 ANNE MARIE CTSAN JOSE, CA 95132

XXN/A

X

98,031.

X

97,985.

46.

98,031.44,175.

230.

158.25,801.70,364.27,667.

24,898.

52,565.

See Schedule O

See Schedule O

Page 12: 990-ez Vietdreams 2012

Form 990-EZ (2012) Page 2

Part II Balance Sheets. (see the instructions for Part II.)Check if the organization used Schedule O to respond to any question in this Part II . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(A) Beginning of year (B) End of yearCash, savings, and investments. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 22

Land and buildings. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 23

Other assets (describe in Schedule O). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 24

25 Total assets. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25

26 Total liabilities (describe in Schedule O) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26

27 Net assets or fund balances (line 27 of column (B) must agree with line 21). . . . . . . . . . 27

ExpensesPart III Statement of Program Service Accomplishments (see the instrs for Part III.)(Required for section 501Check if the organization used Schedule O to respond to any question in this Part III. . . . . . . . . . . . . . (c)(3) and 501(c)(4)What is the organization's primary exempt purpose?organizations and section

Describe the organization's program service accomplishments for each of its three largest program services, as 4947(a)(1) trusts; optionalmeasured by expenses. In a clear and concise manner, describe the services provided, the number of persons for others.)benefited, and other relevant information for each program title.

28

G(Grants ) If this amount includes foreign grants, check here. . . . . . . . . . . . . . . . 28 a$29

G(Grants ) If this amount includes foreign grants, check here. . . . . . . . . . . . . . . . 29 a$30

G) If this amount includes foreign grants, check here. . . . . . . . . . . . . . . . (Grants 30 a$Other program services (describe in Schedule O) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31

G) If this amount includes foreign grants, check here. . . . . . . . . . . . . . . . (Grants 31 a$G32 32Total program service expenses (add lines 28a through 31a). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Part IV List of Officers, Directors, Trustees, and Key Employees. List each one even if not compensated. (see the instructions for Part IV.)Check if the organization used Schedule O to respond to any question in this Part IV. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(d) Health benefits,(b) Average hours per (c) Reportable compensation (e) Estimated amount ofcontributions to employee(a) Name and Title week devoted to (Forms W-2/1099-MISC) other compensationbenefit plans, and deferredposition (If not paid, enter -0-) compensation

TEEA0812L 12/28/12BAA Form 990-EZ (2012)

27-4115634

44,175.

VIET DREAMS

44,175.

24,898.

24,898.0.

24,898.

52,565.

52,565.0.

52,565.

X

BUILT WATER FILTRATION SYSTEMS FOR THE ORPHANAGE. PROVIDEDCLOTHING,BOOK FOR THE CHILDREN AT THE ORPHANAGE.

QUAN K NGUYENPresident & CEO 5 0. 0. 0.VIVIAN TRUONGGIAChairman 5 0. 0. 0.XUAN NHUT TRANVice President 6 0. 0. 0.CUC TRINHTreasurer 4 0. 0. 0.

See Schedule O

Page 13: 990-ez Vietdreams 2012

Form 990-EZ (2012) Page 3

Part V Other Information (Note the Schedule A and personal benefit contract statement requirements inthe instructions for Part V) Check if the organization used Schedule O to respond to any question in this Part V . . . . . . . . . . . . . . . . .

NoYesDid the organization engage in any activity not previously reported to the IRS? If 'Yes,'33provide a detailed description of each activity in Schedule O. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33

34 Were any significant changes made to the organizing or governing documents? If 'Yes,' attach a conformed copy of the amended documents if they reflect

34a change to the organization's name. Otherwise, explain the change on Schedule O (see instructions). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the organization have unrelated business gross income of $1,000 or more during the year from business activities35 a

(such as those reported on lines 2, 6a, and 7a, among others)?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35 a

If 'Yes,' to line 35a, has the organization filed a Form 990-T for the year? If 'No,' provide an explanation in Schedule O . . . . . b 35 b

Was the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization subject to section 6033(e) notice,creporting, and proxy tax requirements during the year? If 'Yes,' complete Schedule C, Part III . . . . . . . . . . . . . . . . . . . . . . . . 35 c

Did the organization undergo a liquidation, dissolution, termination, or significant36disposition of net assets during the year? If 'Yes,' complete applicable parts of Schedule N. . . . . . . . . . . . . . . . . . . . . . . . . . . 36

G37 a 37 aEnter amount of political expenditures, direct or indirect, as described in the instructions.

b 37 bDid the organization file Form 1120-POL for this year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

38 a Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or wereany such loans made in a prior year and still outstanding at the end of the tax year covered by this return?. . . . . . . . . . . . 38 a

If 'Yes,' complete Schedule L, Part II and enter the totalbamount involved . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38 b

Section 501(c)(7) organizations. Enter:39

Initiation fees and capital contributions included on line 9. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . a 39 a

Gross receipts, included on line 9, for public use of club facilities . . . . . . . . . . . . . . . . . . . . . . . . b 39 b

Section 501(c)(3) organizations. Enter amount of tax imposed on the organization during the year under:40 a

G G Gsection 4911 ; section 4912 ; section 4955

Section 501(c)(3) and 501(c)(4) organizations. Did the organization engage in any section 4958 excess benefitbtransaction during the year or did it engage in an excess benefit transaction in a prior year that has not been reported

40 bon any of its prior Forms 990 or 990-EZ? If 'Yes,' complete Schedule L, Part I . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Section 501(c)(3) and 501(c)(4) organizations. Enter amount of tax imposed on organizationcGmanagers or disqualified persons during the year under sections 4912, 4955, and 4958. . . . . . . .

Section 501(c)(3) and 501(c)(4) organizations. Enter amount of tax on line 40c reimburseddGby the organization. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

All organizations. At any time during the tax year, was the organization a party to a prohibited taxeshelter transaction? If 'Yes,' complete Form 8886-T . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40 e

G41 List the states with which a copy of this return is filed

42 a The organization'sG Gbooks are in care of Telephone no.

G GLocated at ZIP + 4

Yes NoAt any time during the calendar year, did the organization have an interest in or a signature or other authority over abfinancial account in a foreign country (such as a bank account, securities account, or other financial account)? . . . . . . . . 42 b

GIf 'Yes,' enter the name of the foreign country:

See the instructions for exceptions and filing requirements for Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts.

At any time during the calendar year, did the organization maintain an office outside of the U.S.?. . . . . . . . . . . . . . . . . . . . . c 42 c

GIf 'Yes,' enter the name of the foreign country:

G43 Section 4947(a)(1) nonexempt charitable trusts filing Form 990-EZ in lieu of Form 1041 ' Check here . . . . . . . . . . . . . . . . . . . . . . .

Gand enter the amount of tax-exempt interest received or accrued during the tax year. . . . . . . . . . . . . . . . . . . . . . 43Yes No

Did the organization maintain any donor advised funds during the year? If 'Yes,' Form 990 must be completed instead44 aof Form 990-EZ. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44 a

Did the organization operate one or more hospital facilities during the year? If 'Yes,' Form 990 must be completedbinstead of Form 990-EZ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44 b

Did the organization receive any payments for indoor tanning services during the year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c 44 c

If 'Yes' to line 44c, has the organization filed a Form 720 to report these payments?dIf 'No,' provide an explanation in Schedule O . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44 d

Did the organization have a controlled entity of the organization within the meaning of section 512(b)(13)? . . . . . . . . . . . . 45 a 45 a

b Did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If 'Yes,'45 bForm 990 and Schedule R may need to be completed instead of Form 990-EZ (see instructions). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

TEEA0812L 12/28/12 Form 990-EZ (2012)

N/AN/A

X

X

9511188 W TULLY ROAD STE 116 SAN JOSE CA408-971-1888CUC TRINH-NGUYEN

27-4115634VIET DREAMS

0.0.0.

0.

0.

X

X

X

X

0.X

X

N/A

N/AN/A

X

X

XX

X

X

X

X

None

See Schedule O

Page 14: 990-ez Vietdreams 2012

Form 990-EZ (2012) Page 4

Yes No

Did the organization engage, directly or indirectly, in political campaign activities on behalf of or in opposition to46candidates for public office? If 'Yes,' complete Schedule C, Part I. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46

Part VI Section 501(c)(3) organizations onlyAll section 501(c)(3) organizations must answer questions 47-49b and 52, and complete the tablesfor lines 50 and 51.

Check if the organization used Schedule O to respond to any question in this Part VI. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Yes NoDid the organization engage in lobbying activities or have a section 501(h) election in effect during the tax year? If 'Yes,'47complete Schedule C, Part II . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47

Is the organization a school as described in section 170(b)(1)(A)(ii)? If 'Yes,' complete Schedule E. . . . . . . . . . . . . . . . . . . . 48 48

Did the organization make any transfers to an exempt non-charitable related organization?. . . . . . . . . . . . . . . . . . . . . . . . . . . 49 a 49 a

If 'Yes,' was the related organization a section 527 organization? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b 49 b

Complete this table for the organization's five highest compensated employees (other than officers, directors, trustees and key50employees) who each received more than $100,000 of compensation from the organization. If there is none, enter 'None.'

(d) Health benefits,(b) Average hours contributions to employee(a) Name and title of each employee (c) Reportable compensation (e) Estimated amount ofper week devotedpaid more than $100,000 (Forms W-2/1099-MISC) benefit plans, and deferred other compensationto position compensation

GTotal number of other employees paid over $100,000. . . . . . . . f

51 Complete this table for the organization's five highest compensated independent contractors who each received more than $100,000 ofcompensation from the organization. If there is none, enter 'None.'

(b) Type of service (c) Compensation(a) Name and address of each independent contractor paid more than $100,000

GTotal number of other independent contractors each receiving over $100,000 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . d

52 Did the organization complete Schedule A? Note: All section 501(c)(3) organizations and 4947(a)(1) nonexemptGcharitable trusts must attach a completed Schedule A. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it istrue, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.

ASignature of officer DateSign

Here AType or print name and title.

Print/Type preparer's name Preparer's signature Date PTINCheck if

self-employedPaid

Firm's name GPreparerGFirm's address Firm's EINUse Only G

Phone no.

GMay the IRS discuss this return with the preparer shown above? See instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No

Form 990-EZ (2012)

TEEA0812L 12/28/12

VIET DREAMS 27-4115634

X

XXX

X

QUAN K NGUYEN President & CEO

X

None

None

Cuc Trinh-Nguyen E.A Cuc Trinh-Nguyen E.A P00621255TAX CONSULTATION OF AMERICA88 TULLY RD STE 106 77-0454243SAN JOSE, CA 95111-1923 (408) 971-1888

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OMB No. 1545-0047

SCHEDULE A Public Charity Status and Public Support 2012(Form 990 or 990-EZ)

Complete if the organization is a section 501(c)(3) organization or a section4947(a)(1) nonexempt charitable trust. Open to Public

Department of the Treasury InspectionG Attach to Form 990 or Form 990-EZ. G See separate instructions.Internal Revenue Service

Name of the organization Employer identification number

Part I Reason for Public Charity Status (All organizations must complete this part.) See instructions.The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)

1 A church, convention of churches or association of churches described in section 170(b)(1)(A)(i).

2 A school described in section 170(b)(1)(A)(ii). (Attach Schedule E.)

3 A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii).

4 A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's

name, city, and state:

An organization operated for the benefit of a college or university owned or operated by a governmental unit described in section5170(b)(1)(A)(iv). (Complete Part II.)

6 A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).

7 An organization that normally receives a substantial part of its support from a governmental unit or from the general public describedin section 170(b)(1)(A)(vi). (Complete Part II.)

8 A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.)

An organization that normally receives: (1) more than 33-1/3% of its support from contributions, membership fees, and gross receipts from activities9related to its exempt functions ' subject to certain exceptions, and (2) no more than 33-1/3% of its support from gross investment income andunrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975. See section 509(a)(2).(Complete Part III.)

10 An organization organized and operated exclusively to test for public safety. See section 509(a)(4).

An organization organized and operated exclusively for the benefit of, to perform the functions of, or carry out the purposes of one or more publicly11supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box that describes the type ofsupporting organization and complete lines 11e through 11h.

Type III ' Functionally integratedType I Type II Type III ' Non-functionally integrateda b c d

By checking this box, I certify that the organization is not controlled directly or indirectly by one or more disqualified personseother than foundation managers and other than one or more publicly supported organizations described in section 509(a)(1) orsection 509(a)(2).

If the organization received a written determination from the IRS that is a Type I, Type II or Type III supporting organization,fcheck this box . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Since August 17, 2006, has the organization accepted any gift or contribution from any of the following persons?g

Yes NoA person who directly or indirectly controls, either alone or together with persons described in (ii) and (iii)(i)

11g (i)below, the governing body of the supported organization?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

A family member of a person described in (i) above?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) 11g (ii)

A 35% controlled entity of a person described in (i) or (ii) above?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) 11g (iii)Provide the following information about the supported organization(s).h

(vii) Amount of monetary(ii) EIN(i) Name of supported (iv) Is the (v) Did you notify (vi) Is the(iii) Type of organizationorganization organization in the organization in organization in(described on lines 1-9 support

column (i) listed in column (i) of your column (i)above or IRC sectionyour governing support? organized in the(see instructions))

document? U.S.?

Yes No Yes No Yes No

(A)

(B)

(C)

(D)

(E)

Total

BAA For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. Schedule A (Form 990 or 990-EZ) 2012

TEEA0401L 08/09/12

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X

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Schedule A (Form 990 or 990-EZ) 2012 Page 2

Part II Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If theorganization fails to qualify under the tests listed below, please complete Part III.)

Section A. Public Support

Calendar year (or fiscal year (f) Total(a) 2008 (b) 2009 (c) 2010 (d) 2011 (e) 2012beginning in) G

1 Gifts, grants, contributions, andmembership fees received. (Do notinclude any 'unusual grants.'). . . . . . . .

Tax revenues levied for the2organization's benefit andeither paid to or expendedon its behalf. . . . . . . . . . . . . . . . . .

The value of services or3facilities furnished by agovernmental unit to theorganization without charge. . . .

4 Total. Add lines 1 through 3 . . .

The portion of total5contributions by each person(other than a governmentalunit or publicly supportedorganization) included on line 1that exceeds 2% of the amountshown on line 11, column (f). . .

6 Public support. Subtract line 5from line 4 . . . . . . . . . . . . . . . . . . .

Section B. Total Support

Calendar year (or fiscal year (f) Total(a) 2008 (b) 2009 (c) 2010 (d) 2011 (e) 2012beginning in) G

Amounts from line 4 . . . . . . . . . . 7

Gross income from interest,8dividends, payments receivedon securities loans, rents,royalties and income fromsimilar sources . . . . . . . . . . . . . . .

Net income from unrelated9business activities, whether ornot the business is regularlycarried on . . . . . . . . . . . . . . . . . . . .

Other income. Do not include10gain or loss from the sale ofcapital assets (Explain inPart IV.). . . . . . . . . . . . . . . . . . . . . .

11 Total support. Add lines 7through 10. . . . . . . . . . . . . . . . . . . .

Gross receipts from related activities, etc (see instructions). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 12

13 First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3)Gorganization, check this box and stop here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Section C. Computation of Public Support PercentagePublic support percentage for 2012 (line 6, column (f) divided by line 11, column (f)). . . . . . . . . . . . . . . . . . . . . . . . . . . 14 14 %

Public support percentage from 2011 Schedule A, Part II, line 14 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . %15 15

16 a 33-1/3% support test ' 2012. If the organization did not check the box on line 13, and the line 14 is 33-1/3% or more, check this boxGand stop here. The organization qualifies as a publicly supported organization. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

b 33-1/3% support test ' 2011. If the organization did not check a box on line 13 or 16a, and line 15 is 33-1/3% or more, check this boxGand stop here. The organization qualifies as a publicly supported organization. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

17 a 10%-facts-and-circumstances test ' 2012. If the organization did not check a box on line 13, 16a, or 16b, and line 14 is 10%or more, and if the organization meets the 'facts-and-circumstances' test, check this box and stop here. Explain in Part IV how

Gthe organization meets the 'facts-and-circumstances' test. The organization qualifies as a publicly supported organization . . . . . . . . . .

b 10%-facts-and-circumstances test ' 2011. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 10%or more, and if the organization meets the 'facts-and-circumstances' test, check this box and stop here. Explain in Part IV how the

Gorganization meets the 'facts-and-circumstances' test. The organization qualifies as a publicly supported organization. . . . . . . . . . . . . .

18 GPrivate foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see instructions . . .

BAA Schedule A (Form 990 or 990-EZ) 2012

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Schedule A (Form 990 or 990-EZ) 2012 Page 3

Part III Support Schedule for Organizations Described in Section 509(a)(2)(Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II. If the organization failsto qualify under the tests listed below, please complete Part II.)

Section A. Public Support(c) 2010 (f) TotalCalendar year (or fiscal yr beginning in) G (a) 2008 (b) 2009 (d) 2011 (e) 2012

Gifts, grants, contributions1and membership feesreceived. (Do not includeany 'unusual grants.') . . . . . . . . .

Gross receipts from admis-2sions, merchandise sold orservices performed, or facilitiesfurnished in any activity that isrelated to the organization'stax-exempt purpose. . . . . . . . . . .

Gross receipts from activities3that are not an unrelated tradeor business under section 513.

Tax revenues levied for the4organization's benefit andeither paid to or expended onits behalf. . . . . . . . . . . . . . . . . . . . . The value of services or5facilities furnished by agovernmental unit to theorganization without charge. . . .

6 Total. Add lines 1 through 5 . . .

Amounts included on lines 1,7 a2, and 3 received fromdisqualified persons. . . . . . . . . . .

Amounts included on lines 2band 3 received from other thandisqualified persons thatexceed the greater of $5,000 or1% of the amount on line 13for the year. . . . . . . . . . . . . . . . . . .

Add lines 7a and 7b. . . . . . . . . . . c

8 Public support (Subtract line7c from line 6.) . . . . . . . . . . . . . . .

Section B. Total Support(f) Total(c) 2010(a) 2008 (b) 2009 (d) 2011 (e) 2012Calendar year (or fiscal yr beginning in) G

Amounts from line 6 . . . . . . . . . . 9Gross income from interest,10 adividends, payments receivedon securities loans, rents,royalties and income fromsimilar sources . . . . . . . . . . . . . . .

Unrelated business taxablebincome (less section 511taxes) from businessesacquired after June 30, 1975. . .

Add lines 10a and 10b. . . . . . . . . c11 Net income from unrelated business

activities not included in line 10b,whether or not the business isregularly carried on . . . . . . . . . . . . . . .

Other income. Do not include12gain or loss from the sale ofcapital assets (Explain inPart IV.). . . . . . . . . . . . . . . . . . . . . .

13 Total support. (Add lns 9, 10c, 11, and 12.)

14 First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3)Gorganization, check this box and stop here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Section C. Computation of Public Support Percentage%Public support percentage for 2012 (line 8, column (f) divided by line 13, column (f)). . . . . . . . . . . . . . . . . . . . . . . . . . . 15 15

%Public support percentage from 2011 Schedule A, Part III, line 15. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 16

Section D. Computation of Investment Income Percentage%17 17Investment income percentage for 2012 (line 10c, column (f) divided by line 13, column (f)) . . . . . . . . . . . . . . . . . . . .

%18 18Investment income percentage from 2011 Schedule A, Part III, line 17 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

19 a 33-1/3% support tests ' 2012. If the organization did not check the box on line 14, and line 15 is more than 33-1/3%, and line 17Gis not more than 33-1/3%, check this box and stop here. The organization qualifies as a publicly supported organization . . . . . . . . . . .

b 33-1/3% support tests ' 2011. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33-1/3%, andGline 18 is not more than 33-1/3%, check this box and stop here. The organization qualifies as a publicly supported organization. . . . .

GIf the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions. . . . . . . . . . . . . 20 Private foundation.

TEEA0403L 08/09/12BAA Schedule A (Form 990 or 990-EZ) 2012

VIET DREAMS 27-4115634

81,487. 81,487.

0.

0.

0.

0.0. 0. 0. 81,487. 0. 81,487.

0. 0. 0. 0. 0. 0.

0. 0. 0. 0. 0. 0.0. 0. 0. 0. 0. 0.

81,487.

0. 0. 0. 81,487. 0. 81,487.

0.

0.0. 0. 0. 0. 0. 0.

0.

0.0. 0. 0. 81,487. 0. 81,487.

X

Page 18: 990-ez Vietdreams 2012

Schedule A (Form 990 or 990-EZ) 2012 Page 4

Part IV Supplemental Information. Complete this part to provide the explanations required by Part II, line 10;Part II, line 17a or 17b; and Part III, line 12. Also complete this part for any additional information.(See instructions).

BAA Schedule A (Form 990 or 990-EZ) 2012

TEEA0404L 08/10/12

VIET DREAMS 27-4115634

Page 19: 990-ez Vietdreams 2012

OMB No. 1545-0047SCHEDULE O Supplemental Information to Form 990 or 990-EZ(Form 990 or 990-EZ) 2012

Complete to provide information for responses to specific questions onForm 990 or 990-EZ or to provide any additional information.

Open to PublicDepartment of the Treasury G Attach to Form 990 or 990-EZ. InspectionInternal Revenue Service

Name of the organization Employer identification number

TEEA4901L 12/8/12 Schedule O (Form 990 or 990-EZ) 2012BAA For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

27-4115634VIET DREAMS

Form 990-EZ, Part III - Organization's Primary Exempt Purpose

PROVIDING FOOD, CLOTHING, FUNDS FOR THE ORPHANAGE AND HELPING TO BUILD WATER

SYSTEMS FOR BETTER LIVING.

Form 990-EZ, Part V - Regarding Transfers Associated with Personal Benefit Contracts

(a) Did the organization, during the year, receive any funds, directly or

indirectly, to pay premiums on a personal benefit contract?. . . . . . . . . . . . . . . . . . . . . . . . . . . No

(b) Did the organization, during the year, pay premiums, directly or

indirectly, on a personal benefit contract?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . No

Page 20: 990-ez Vietdreams 2012

2012 Schedule O - Supplemental Information Page 2

VIET DREAMS 27-4115634

Form 990-EZ, Part I, Line 10Grants and Similar Amounts Paid In Excess of $5,000

Class of Activity: FINANCIAL SUPPORTDonee's Name: KOMTOM ORPHANAGECash Amount Given: $ 27,375.

Donee's Name: DA NANG ORPHANAGECash Amount Given: $ 16,800.

Form 990-EZ, Part I, Line 16Other Expenses

Advertising and Promotion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 22,782.Dues and Subscriptions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 83.Equipment Maintenance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,220.Office Expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 400.Supplies. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 296.Travel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,020.

Total $ 25,801.

Page 21: 990-ez Vietdreams 2012

OMB No. 1545-0687Exempt Organization Business Income Tax Return (andForm 990-T proxy tax under section 6033(e))

2012For calendar year 2012 or other tax year beginning , 2012,

and ending ,Open to Public Inspection forDepartment of the Treasury501(c)(3) Organizations OnlyInternal Revenue Service G See separate instructions.

Check box if name changed and see instructions.)(Check box ifA D Employer identification numberaddress changed (Employees' trust, see instructions.)

PrintExempt under sectionBor501( )( )

Type Unrelated business activityE408(e) 220(e) codes (see instructions.)

408A 530(a)

529(a)

Book value of all assets at Group exemption number (See instructions.)GFCend of year

GCheck organization type . . . . . G 501(c) corporation 501(c) trust 401(a) trust Other trust

Describe the organization's primary unrelated business activity.HG

Yes NoGDuring the tax year, was the corporation a subsidiary in an affiliated group or a parent-subsidiary controlled group?. . . . I

GIf 'Yes,' enter the name and identifying number of the parent corporation. . . .

The books are in care of G Telephone numberGJ

(A) Income (B) Expenses (C) NetPart I Unrelated Trade or Business IncomeGross receipts or sales. . . 1 a

BalanceGLess returns and allowances. . . . b c 1 c

Cost of goods sold (Schedule A, line 7). . . . . . . . . . . . . . . . . . . . . . . 2 2

Gross profit. Subtract line 2 from line 1c. . . . . . . . . . . . . . . . . . . . . . 3 3

Capital gain net income (attach Schedule D). . . . . . . . . . . . . . . . . . 4 a 4 a

Net gain (loss) (Form 4797, Part II, line 17) (attach Form 4797). . . . . . . . . . . . . b 4 b

Capital loss deduction for trusts. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c 4 cIncome (loss) from partnerships and S corporations5(attach statement) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

Rent income (Schedule C). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 6

Unrelated debt-financed income (Schedule E). . . . . . . . . . . . . . . . . 7 7Interest, annuities, royalties, and rents from controlled8organizations (Schedule F) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8

9 9Investment income of a section 501(c)(7), (9), or (17) organization (Sch G) . . . .

Exploited exempt activity income (Schedule I) . . . . . . . . . . . . . . . . 10 10

Advertising income (Schedule J). . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 11

Other income (See instructions; attach statement) . . . . . . . . . . . . 12

12

13 13Total. Combine lines 3 through 12. . . . . . . . . . . . . . . . . . . . . . . . . . . .

Part II Deductions Not Taken Elsewhere (see instructions for limitations on deductions.)(except for contributions, deductions must be directly connected with the unrelated business income)

Compensation of officers, directors, and trustees (Schedule K). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 14

Salaries and wages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 15

Repairs and maintenance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 16

Bad debts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 17

Interest (attach statement). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 18

Taxes and licenses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 19

Charitable contributions (See instructions for limitation rules) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 20

Depreciation (attach Form 4562) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 21

Less depreciation claimed on Schedule A and elsewhere on return. . . . . . . . . . . . . 22 22 a 22 b

Depletion. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 23

Contributions to deferred compensation plans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 24

Employee benefit programs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 25

Excess exempt expenses (Schedule I) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 26

Excess readership costs (Schedule J) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 27

Other deductions (attach statement). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28 28

29 29Total deductions. Add lines 14 through 28. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Unrelated business taxable income before net operating loss deduction. Subtract line 29 from line 13 . . . . . . . 30 30

Net operating loss deduction (limited to the amount on line 30) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 31

Unrelated business taxable income before specific deduction. Subtract line 31 from line 30. . . . . . . . . . . . . . . . . 32 32

Specific deduction (generally $1,000, but see line 33 instructions for exceptions.) . . . . . . . . . . . . . . . . . . . . . . . . . . 33 33

34 Unrelated business taxable income. Subtract line 33 from line 32. If line 33 is greater than line 32, enterthe smaller of zero or line 32 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34

BAA For Paperwork Reduction Act Notice, see instructions. TEEA0205L 12/04/12 Form 990-T (2012)

VIET DREAMS1876 ANNE MARIE CTSAN JOSE, CA 95132

27-4115634X

52,565. X

X

CUC TRINH-NGUYEN 408-971-1888

46.46. 0. 46.

46.

46.1,000.

0.

c 3

See Statement 1

Page 22: 990-ez Vietdreams 2012

Form 990-T (2012) Page 2

Part III Tax Computation35 Organizations Taxable as Corporations. (see instructions for tax computation)

Controlled group members (sections 1561 and 1563) check here G See instructions and:

Enter your share of the $50,000, $25,000, and $9,925,000 taxable income brackets (in that order):a

(1) (2) (3)$$ $b Enter organization's share of: (1) Additional 5% tax (not more than $11,750). . . . . . . $

(2) Additional 3% tax (not more than $100,000) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $GIncome tax on the amount on line 34. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c 35 c

36 Trusts taxable at trust rates. (see instructions for tax computation) Income tax on the amount

on line 34 from: Tax rate schedule or GSchedule D (Form 1041) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36

37 37GProxy tax. (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Alternative minimum tax. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38 38

39 39Total. Add lines 37 and 38 to line 35c or 36, whichever applies. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Part IV Tax and PaymentsForeign tax credit (corporations attach Form 1118; trusts attach Form 1116) . . . 40 a 40 a

Other credits (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b 40 b

General business credit. Attach Form 3800 (see instructions) . . . . . . . . . . . . . . . . . c 40 c

Credit for prior year minimum tax (attach Form 8801 or 8827). . . . . . . . . . . . . . . . . d 40 d

e 40 eTotal credits. Add lines 40a through 40d. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Subtract line 40e from line 39. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4141

Other taxes. Check if from: Form 4255 Form 8611 Form 8697 Form 886642

Other (attach statement). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42

43 43Total tax. Add lines 41 and 42. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

44 a 44 aPayments: A 2011 overpayment credited to 2012. . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2012 estimated tax payments. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b 44 b

Tax deposited with Form 8868 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c 44 c

Foreign organizations: Tax paid or withheld at source (see instructions) . . . . . . . d 44 d

Backup withholding (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . e 44 e

Credit for small employer health insurance premiums (Attach Form 8941). . . . . . f 44 f

Other credits and payments: Form 2439g

Form 4136 Other 44 gGTotal. . . .

45 45Total payments. Add lines 44a through 44g. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

GEstimated tax penalty (see instructions). Check if Form 2220 is attached . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46 46

GTax due. If line 45 is less than the total of lines 43 and 46, enter amount owed . . . . . . . . . . . . . . . . . . . . . . . . . . 47 47

GOverpayment. If line 45 is larger than the total of lines 43 and 46, enter amount overpaid . . . . . . . . . . . . . . . . 48 48

Enter the amount of line 48 you want: Credited to 2013 estimated tax G Refunded G49 49

Part V Statements Regarding Certain Activities and Other Information (see instructions)

At any time during the 2012 calendar year, did the organization have an interest in or a signature or other authority over a1 Yes No

financial account (bank, securities, or other) in a foreign country? If 'Yes', the organization may have to file Form TD F 90-22.1,

Report of Foreign Bank and Financial Accounts. If 'Yes', enter the name of the foreign country here G

During the tax year, did the organization receive a distribution from, or was it the grantor of, or transferor to, a foreign trust?. 2

If 'Yes', see instructions for other forms the organization may have to file.

Enter the amount of tax-exempt interest received or accrued during the tax yearG3 $Enter method of inventory valuation GSchedule A ' Cost of Goods Sold.

Inventory at beginning of year . . . . . . . . . . Inventory at end of year . . . . . . 1 1 6 6

Purchases. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 2 7 Cost of goods sold. Subtractline 6 from line 5. Enter hereCost of labor. . . . . . . . . . . . . . . . . . . . . . . . . . . 3 3and in Part I, line 2. . . . . . . . . . . 7

4 a Additional section 263A costs (attach statement)Yes No

4 aDo the rules of section 263A (with respect to8b Other costs 4 b property produced or acquired for resale) apply(att. stmt.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

to the organization?. . . . . . . . . . . . . . . . . . . . . . . . . . . 5 5Total. Add lines 1 through 4b . . . . . . . . . . .

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge andbelief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.

Sign May the IRS discuss this return withthe preparer shown below (seeHere A Ainstructions)?Signature of officer Date Title

Yes No

Print/Type preparer's name Preparer's signature Date PTINCheck ifPaid

self-employedPre-Firm's name G GFirm's EINparer

GUse Firm's address

Only Phone no.

BAA TEEA0202L 12/04/12 Form 990-T (2012)

VIET DREAMS 27-4115634

0.

0.

0.0.

0.

0.

XX

0.

President & CEO

X

Cuc Trinh-Nguyen E.A Cuc Trinh-Nguyen E.A P00621255TAX CONSULTATION OF AMERICA 77-045424388 TULLY RD STE 106SAN JOSE, CA 95111-1923 (408) 971-1888

Page 23: 990-ez Vietdreams 2012

Form 990-T (2012) Page 3

Schedule C ' Rent Income (From Real Property and Personal Property Leased With Real Property) (see instructions)

Description of property1

(1)

(2)

(3)

(4)

2 Rent received or accrued3(a) Deductions directly connected with

(a) From personal property (b) From real and personal property the income in columns 2(a) and 2(b)(if the percentage of rent for personal (if the percentage of rent for personal (attach statement)

property is more than 10% but not property exceeds 50% or if the rent ismore than 50%) based on profit or income)

(1)

(2)

(3)

(4)

Total Total(b) Total deductions. Enter

(c) Total income. Add totals of columns 2(a) and 2(b). Enter here and on page 1, PartGI, line 6, column (B). . . . . . Ghere and on page 1, Part I, line 6, column (A). . . . . . . . . . . . . . .

Schedule E ' Unrelated Debt-Financed Income (see instructions)

3 Deductions directly connected with or allocable to2 Gross income from debt-financed property

1 Description of debt-financed property or allocable to debt-financed property (a) Straight line (b) Other deductions

depreciation (attach stmt) (attach statement)

(1)

(2)

(3)

(4)

4 Amount of average 5 Average adjusted basis of 6 Column 4 7 Gross income 8 Allocable deductionsdivided by reportable (column 2 x (column 6 x total ofacquisition debt on or or allocable to debt-financedcolumn 5 column 6) columns 3(a) and 3(b))property (attach statement)allocable to debt-financed

property (attach statement)

%(1)

%(2)

%(3)

%(4)

Enter here and on page 1, Enter here and on page 1,Part I, line 7, column (A). Part I, line 7, column (B).

GTotals. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

GTotal dividends-received deductions included in column 8. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Schedule F ' Interest, Annuities, Royalties, and Rents From Controlled Organizations (see instructions)

Exempt Controlled Organizations

5 Part of column 41 Name of controlled 2 Employer 3 Net unrelated 4 Total of specified 6 Deductions directlythat is included inorganization identification income (loss) (see payments made connected with

the controllingnumber instructions) income in column 5organization's gross

income

(1)

(2)

(3)

(4)

Nonexempt Controlled Organizations

8 Net unrelated 9 Total of specified 10 Part of column 9 that is 11 Deductions directly7 Taxable Incomeincome (loss) (see payments made included in the controlling connected with income in

instructions) organization's gross income column 10

(1)

(2)

(3)

(4)

Add columns 5 and 10. Enter Add columns 6 and 11. Enterhere and on page 1, Part I, line here and on page 1, Part I, line

8, column (A). 8, column (B).

Totals. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Form 990-T (2012)BAA TEEA0203L 12/04/12

VIET DREAMS 27-4115634

Page 24: 990-ez Vietdreams 2012

Form 990-T (2012) Page 4

Schedule G ' Investment Income of a Section 501(c)(7), (9), or (17) Organization (see instructions)

3 Deductions 4 Set-asides 5 Total deductions and1 Description of income 2 Amount of income directly connected (attach statement) set-asides (column 3

(attach statement) plus column 4)

(1)

(2)

(3)

(4)

Enter here and on page 1, Enter here and on page 1,Part I, line 9, column (A). Part I, line 9, column (B).

GTotals. . . . . . . . . . . . . . . . . . . . . . . . . . .

Schedule I ' Exploited Exempt Activity Income, Other Than Advertising Income (see instructions)

2 Gross 6 Expenses 7 Excess exempt3 Expenses directly 4 Net income (loss) 5 Gross income fromexpenses (columnactivity that is notunrelated attributable toconnected with from unrelated trade6 minus column 5,unrelatedbusiness1 Description of exploited activity column 5production or business (columnbut not more thanbusiness incomeincome from of unrelated 2 minus column 3).

column 4).trade or business income If a gain, computebusiness columns 5 through 7.

(1)

(2)

(3)

(4)

Enter here and Enter here and Enter here andon page 1, on page 1, on page 1,

Part I, line 10, Part I, line 10, Part II, line 26.column (A) column (B).

GTotals. . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Schedule J ' Advertising Income (See instructions.)

Part I Income From Periodicals Reported on a Consolidated Basis2 Gross 3 Direct 4 Advertising gain or 5 Circulation 6 Readership 7 Excess readership

advertising advertising (loss) (col. 2 minus income costs costs (col 6 minus col1 Name of periodical income costs col 3). If a gain, 5, but not more than

col 4).compute col 5through 7.

(1)

(2)

(3)

(4)

GTotals (carry to Part II, line (5)) . . . . .

Part II Income From Periodicals Reported on a Separate Basis (For each periodical listed in Part II, fill in columns 2 through7 on a line-by-line basis.)

4 Advertising gain or2 Gross 3 Direct 5 Circulation 6 Readership 7 Excess readership(loss) (col. 2 minusadvertising advertising income costs costs (col 6 minus col

1 Name of periodical col. 3). If a gain,income costs 5, but not more thancompute cols. 5 col 4).

through 7.(1)

(2)

(3)

(4)

(5) Totals from Part I

Enter here and Enter here and Enter here andon page 1, on page 1, on page 1,

Part I, line 11, Part I, line 11, Part II, line 27.column (A) column (B).

GTotals, Part II (lines 1-5). . . . . . . . . . . .

Schedule K ' Compensation of Officers, Directors, and Trustees (see instructions)

3 Percent of 4 Compensation attributable1 Name 2 Title time devoted to unrelated business

to business

%%%%

GTotal. Enter here and on page 1, Part II, line 14. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

BAA TEEA0204 L 12/05/12 Form 990-T (2012)

VIET DREAMS 27-4115634

Page 25: 990-ez Vietdreams 2012

2012 Federal Statements Page 1

VIET DREAMS 27-4115634

Statement 1Form 990-T, Part I, Line 12Other Income

Other Investment Income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 46.Total $ 46.

Page 26: 990-ez Vietdreams 2012

TAXABLE YEAR FORMCalifornia Exempt Organization

2012 199Annual Information ReturnCalendar Year 2012 or fiscal year beginning month day year , and ending month day yearCorporation/Organization Name California corporation number

Address (suite, room, or PMB no.) FEIN

City State ZIP Code

If exempt under R&TC Section 23701d, has theJYes NoFirst Return. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Aorganization during the year: (1) participated in any

Yes NoB political campaign, or (2) attempted to influenceAmended Return . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . @legislation or any ballot measure, or (3) made an election

Yes NoIRC Section 4947(a)(1) trust. . . . . . . . . . . . . . . . . . . . . . . . . . . . C under R&TC Section 23704.5 (relating to lobbying byYes Nopublic charities)?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . @@ @Dissolved Surrendered (Withdrawn)Final ReturnD

If 'Yes,' complete and attach form FTB 3509.@ @Merged/Reorganized Enter date:

Yes NoK Is the organization exempt under R&TC Section 23701g?. . . @If 'Yes,' enter gross receipts from

$Check accounting method:E nonmember sources . . . . . . . . . . . . . . . . . . . . .

Cash Accrual Other1 2 3If organization is exempt under R&TC Section 23701dL

Federal return filed?F and is exclusively religious, educational, or charitable,and is supported primarily (50% or more) by public@ @ @990T 990 (PF) Sch H (990)1 2 3contributions, check box. No filing fee is required. . . . . . . . @

Yes No@Is this a group filing for the subordinates/affiliates?. . . . . . . . G

Yes NoMIf 'Yes,' attach a roster. See instructions Is the organization a Limited Liability Company?. . . . . . . . . @Yes NoH Is this organization in a group exemption?. . . . . . . . . . . . . . . . . .

Did the organization file Form 100 or Form 109 to reportNYes NoIf 'Yes,' What's the parent's name? taxable income?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . @

Is the organization under audit by the IRS or has the IRSOYes NoDid the organization have any changes in its activities,I audited in a prior year?. . . . . . . . . . . . . . . . . . . . . . . . . . . @

governing instrument, articles of incorporation, or bylawsYes Nothat have not been reported to the Franchise Tax Board?. . . . . @

If 'Yes,' explain, and attach copies of revised documents. CACA1112L 10/11/12

Part I Complete Part I unless not required to file this form. See General Instructions B and C.

1Gross sales or receipts from other sources. From Side 2, Part II, line 8. . . . . . . . . . . . . . . . . . . . . @1

2Gross dues and assessments from members and affiliates. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . @2Receipts 3Gross contributions, gifts, grants, and similar amounts received. . . . . . . . . . . . . . . . . . . . . . . . . . . . @3

andTotal gross receipts for filing requirement test. Add line 1 through line 3.4Revenues

4This line must be completed. If the result is less than $50,000, see General Instruction B . . . @Cost of goods sold . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . @5 5

Cost or other basis, and sales expenses of assets sold . . . . . . . @6 6

7 7Total costs. Add line 5 and line 6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Total gross income. Subtract line 7 from line 4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . @8 8

9Total expenses and disbursements. From Side 2, Part II, line 18 . . . . . . . . . . . . . . . . . . . . . . . . . . . @9Expenses

10Excess of receipts over expenses and disbursements. Subtract line 9 from line 8. . . . . . . . . . . . @10

1111 Filing fee $10 or $25. See General Instruction F. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

1212 Total payments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Filing1313Fee Penalties and Interest. See General Instruction J. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

14Use tax. See General Instruction K. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . @14Balance due. Add line 11, line 13, and line 14.15

15Then subtract line 12 from the result . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true,correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.

SignTitle Date Telephone@Here

SignatureGof officer

Date PTINCheck if @Preparer's self-G Gsignature employedPaid

FEIN@Preparer'sFirm's nameUse Only (or yours, if Gself-employed)

Telephoneand address @

Yes NoMay the FTB discuss this return with the preparer shown above? See instructions . . . . . . . . . . . . . . . . . . . . @

3651124 Form 199 C1 2012 Side 1For Privacy Notice, get form FTB 1131. 059

VIET DREAMS 3332710

1876 ANNE MARIE CT 27-4115634

SAN JOSE CA 95132

X

X

XX

X

X

XX

XX

X

X

X

46.

97,985.

98,031.

98,031.70,364.27,667.

10.

10.

PRESIDENT & CEO 408-410-4920

CUC TRINH-NGUYEN E.A P00621255TAX CONSULTATION OF AMERICA88 TULLY RD STE 106 77-0454243SAN JOSE, CA 95111-1923

(408) 971-1888X

Page 27: 990-ez Vietdreams 2012

Organizations with gross receipts of more than $50,000 and private foundations Part IIregardless of amount of gross receipts ' complete Part II or furnish substitute information.

1Gross sales or receipts from all business activities. See instructions. . . . . . . . . . . . . . . . . . . . . . . . . @1

2Interest. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . @2

3Dividends. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . @3

4Receipts Gross rents. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . @4from 5Gross royalties. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . @5Other

6Sources Gross amount received from sale of assets (See instructions). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . @6

7Other income. Attach schedule. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . @78Total gross sales or receipts from other sources. Add line 1 through line 7. Enter here and on Side 1, Part I, line 1 . . . . 8

9Contributions, gifts, grants, and similar amounts paid. Attach schedule. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . @9Expensesand 10Disbursements to or for members. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . @10Disburse-

11Compensation of officers, directors, and trustees. Attach schedule . . . . . . . . . . . . . . . . . . . . . . . . . . @ments 11

12Other salaries and wages. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . @12

13Interest. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . @13

14Taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . @14

15Rents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . @15

16Depreciation and depletion (See instructions). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . @16

17Other Expenses and Disbursements. Attach schedule. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . @17

18Total expenses and disbursements. Add line 9 through line 17. Enter here and on Side 1, Part I, line 9 . . . . . . . . . . . . . . . 18

Schedule L Balance Sheets Beginning of taxable year End of taxable year

Assets (a) (b) (c) (d)

@Cash. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1@Net accounts receivable . . . . . . . . . . . . . . . . . . . . . . . 2@Net notes receivable. . . . . . . . . . . . . . . . . . . . . . . . . . 3@Inventories. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4@Federal and state government obligations . . . . . . . . . . 5@Investments in other bonds. . . . . . . . . . . . . . . . . . . . . 6@Investments in stock . . . . . . . . . . . . . . . . . . . . . . . . . 7@Mortgage loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8@Other investments Attach schedule . . . . . . . . . . . . . . . 9

Depreciable assets. . . . . . . . . . . . . . . . . . . . . . . . . . . a10

Less accumulated depreciation. . . . . . . . . . . . . . . . . . b@Land. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11@Other assets. Attach schedule. . . . . . . . . . . . . . . . . . . 12

Total assets. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13

Liabilities and net worth

@Accounts payable. . . . . . . . . . . . . . . . . . . . . . . . . . . . 14@Contributions, gifts, or grants payable. . . . . . . . . . . . . 15@Bonds and notes payable . . . . . . . . . . . . . . . . . . . . . . 16@Mortgages payable. . . . . . . . . . . . . . . . . . . . . . . . . . . 17

Other liabilities. Attach schedule. . . . . . . . . . . . . . . . . 18@Capital stock or principle fund . . . . . . . . . . . . . . . . . . 19@Paid-in or capital surplus. Attach reconciliation. . . . . . 20@Retained earnings or income fund. . . . . . . . . . . . . . . . 21

Total liabilities and net worth. . . . . . . . . . . . . . . . . . . 22

Reconciliation of income per books with income per returnSchedule M-1Do not complete this schedule if the amount on Schedule L, line 13, column (d), is less than $50,000

@Net income per books. . . . . . . . . . . . . . . . . . . . . . . . Income recorded on books this year not included1 7@ @Federal income tax. . . . . . . . . . . . . . . . . . . . . . . . . . in this return. Attach sch. . . . . . . . . . . . . . . . 2@ Deductions in this return not charged8Excess of capital losses over capital gains. . . . . . . . . 3

against book income this year.Income not recorded on books this year.4@ @Attach schedule. . . . . . . . . . . . . . . . . . . . . . . Attach schedule. . . . . . . . . . . . . . . . . . . . . . . . . . . .

Total. Add line 7 and line 8. . . . . . . . . . . . . . . 9Expenses recorded on books this year not deducted5@ 10 Net income per return.in this return. Attach schedule . . . . . . . . . . . . . . . . .

Subtract line 9 from line 6. . . . . . . . . . Total. Add line 1 through line 5. . . . . . . . . . . . . . . . . 6

3652124 CACA1112L 12/26/12Side 2 Form 199 C1 2012 059

VIET DREAMS 27-4115634

46.46.

44,175.

0.

26,189.70,364.

24,898. 52,565.

24,898. 52,565.

1,527.

23,371. 52,565.24,898. 52,565.

27,667.

27,667. 27,667.

SEE STATEMENT 1

SEE STATEMENT 2

SEE STATEMENT 3

SEE STATEMENT 4

Page 28: 990-ez Vietdreams 2012

2012 California Statements Page 1

VIET DREAMS 27-4115634

Statement 1Form 199, Part II, Line 7Other Income

Other Investment Income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 46.Total $ 46.

Statement 2Form 199, Part II, Line 9Contributions, Gifts, Grants, and Similar Amounts Paid

Class of Activity: FINANCIAL SUPPORTDonee's Name: KOMTOM ORPHANAGEAmount Given: $ 27,375.

Donee's Name: DA NANG ORPHANAGEAmount Given: 16,800.

Total $ 44,175.

Statement 3Form 199, Part II, Line 11Compensation of Officers, Directors, Trustees and Key Employees

Current Officers:Title and Contri- Expense

Average Hours Compen- bution to Account/Name and Address Per Week Devoted sation EBP & DC Other

QUAN K NGUYEN President & CEO $ 0. $ 0. $ 0.1876 ANNE MARIE CT 5.00SAN JOSE, CA 95132

VIVIAN TRUONGGIA Chairman 0. 0. 0.475 DELORES AVE 5.00MILPITAS, CA 95035

XUAN NHUT TRAN Vice President 0. 0. 0.1561 DARLENE AVE 6.00SAN JOSE, CA 95125

CUC TRINH Treasurer 0. 0. 0.3108 YAKIMA CIR 4.00SAN JOSE, CA 95121

Total $ 0. $ 0. $ 0.

Page 29: 990-ez Vietdreams 2012

2012 California Statements Page 2

VIET DREAMS 27-4115634

Statement 4Form 199, Part II, Line 17Other Expenses

Accounting Fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 70.Advertising and Promotion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22,782.Dues and Subscriptions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 83.Equipment Maintenance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,220.Office Expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 400.Other fees. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 160.Postage and Shipping. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 96.Printing and Publications . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 62.Supplies. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 296.Travel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,020.

Total $ 26,189.

Page 30: 990-ez Vietdreams 2012

TAXABLE YEAR FORMCalifornia Exempt Organization2012 109Business Income Tax Return

Calendar Year 2012 or fiscal year beginning month day year day year, and ending monthCorporation/Organization Name California corporation number

Address (suite, room, or PMB no.) FEIN

City State ZIP Code

Is the organization a non-exempt charitable trust asHFirst Return Filed?. . . . . . . . . . . . . . . . . . . . . . . . . . . Yes NoA@described in IRC Section 4947(a)(1)? . . . . . . . . . . . . . Yes No

Is this an education IRA within theBYes Nomeaning of R&TC Section 23712? . . . . . . . . . . . . Is this organization claiming any EnterpriseI

Is the organization under audit by the IRSC Zone (EZ), Los Angeles Revitalization Zone (LARZ),@ Yes Noor has the IRS audited in a prior year?. . . . . Local Agency Military Base Recovery Area (LAMBRA),

Targeted Tax Area (TTA), or ManufacturingFinal Return?D @Enhancement Area (MEA) tax benefits. . . . . . . . . . . . . Yes No@ @Dissolved Surrendered (Withdrawn)

Is this organization a qualified pension, profit-sharing, orJ@ Merged/Reorganized (attach explanation)@stock bonus plan as described in IRC Section 401(a)?. Yes No

@Enter date. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . @Unrelated Business Activity (UBA) Code. . . . . . . . . . . K@Amended Return. . . . . . . . . . . . . . . . . . . . . . . . . . Yes NoE

@Is this a Hospital? . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes NoL(1) Cash (2) Accrual (3) OtherAccounting Method Used:FIf 'Yes,' attach IRS Schedule H (Form 990)

Nature of trade or businessG

@Unrelated business taxable income from Side 2, Part II, line 30 . . . . . . . . . . . . . . . . . . . . . . . . . . 1 1TaxableCorporation % from theMultiply line 1 by the average apportionment percentage2

@Schedule R, Apportionment Formula Worksheet, Part A, line 6 or Part B, line 2. See instructions . . . . . . . . . . . . . . . 2

Enter the lesser amount from line 1 or line 2. If the unrelated business activity is wholly in3California and Schedule R was not completed, enter the amount from line 1 . . . . . . . . . . . . . . @ 3

Taxable@Unrelated business taxable income from Side 2, Part II, line 30 . . . . . . . . . . . . . . . . . . . . . . . . . . 4 4Trust@Unrelated business taxable income from line 3 or line 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55Tax

Compu- @Enterprise zone, LAMBRA, LARZ, TTA, or Pierce's disease losses. . . . . . . . . . . . . . . . . . . . . . . . 6 6tation

@Net Operating Loss deduction. See General Information N. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 7

@Add line 6 and line 7. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 88

@Net unrelated business taxable income. Subtract line 8 from line 5. . . . . . . . . . . . . . . . . . . . . . . 9 9

10% @Tax x line 9. See General Information J. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10@ 11ba) 11b) Amount claimed. . . . . . @New jobs credit, amount generated . . . . . . . . . . 11a@Tax credits from Schedule B. See instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c 11c

Total Credits. Add line 11b and 11c . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . d 11d

@Balance. Subtract line 11d from line 10. If line 11d is greater than line 10, enter -0- . . . . . . . 1212TotalTax @Alternative minimum tax. See General Information O. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 13

@Total tax. Add line 12 and line 13 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 14

@Overpayment from a prior year allowed as a credit . . . . . . . . . . 15Payments 15

@2012 estimated tax payments. See instructions . . . . . . . . . . . . 16 16

@2012 withholding (Form 592-B and/or 593.) See instructions17 17

@Amount paid with extension (form FTB 3539) . . . . . . . . . . . . . . 1818

@Total payments and credits. Add line 15 through line 18 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 19

@Tax due. Subtract line 19 from line 14. Pay entire amount with return. See instructions. . . . . . . . . . . . . . . . . . . . . . 20 20Refund @Overpayment. Subtract line 14 from line 19. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2121(Direct

@Enter amount of line 21 to be applied to 2013 estimated tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Deposit of 22 22Refund) or @Use tax. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 23Amount

@Refund. If the sum of line 22 and line 23 is less than line 21, then subtract the total from line 21. . . . . . . . . . . . . . . Due 2424

@Fill in the account information to have the refund directly deposited. Routing numbera 24 a

@@ Savings @Type: Checking c Account Number . . . . . . . . . . . . . . . . . b 24 c

@Penalties and interest. See General Information M . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2525

@ Check if estimate penalty computed using Exception B or C and attach form FTB 5806.26

Total amount due. Add line 20, line 22, line 23, and line 25, then subtract line 21 from the result. . . . . . . . . . . . . . . 27 27CAVA9812L 12/19/12

3641124For Privacy Notice, get form FTB 1131. Form 109 C1 2012 Side 1059

VIET DREAMS 3332710

1876 ANNE MARIE CT 27-4115634

SAN JOSE CA 95132

XX

X

X

X

X

XXX

-954.

-954.

0.

Page 31: 990-ez Vietdreams 2012

Unrelated Business Taxable IncomePart I Unrelated Trade or Business Income

b c 1 c@Balance. Gross receipts or gross sales Less returns and allowances1 a@Cost of goods sold and/or operations (Schedule A, line 7) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 2

@Gross profit. Subtract line 2 from line 1c. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33

@Capital gain net income. See Specific Line Instructions ' Trusts attach Schedule D (541) . . . . . . . . . . . . . . 4 a 4 a

@Net gain (loss) from Part II, Schedule D-1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b 4 b

@Capital loss deduction for trusts. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 cc

Income (or loss) from partnerships, limited liability companies, or S corporations. See specific line5@instructions. Attach Schedule K-1 (565, 568, or 100S) or similar schedule. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

@Rental income (Schedule C). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 66

@Unrelated debt-financed income (Schedule D). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 7

@Investment income of an R&TC Section 23701g, 23701i, or 23701n organization (Schedule E). . . . . . . . . . . 8 8

@Interest, Annuities, Royalties and Rents from controlled organizations (Schedule F) . . . . . . . . . . . . . . . . . . . . 99

@Exploited exempt activity income (Schedule G) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 10

@Advertising income (Schedule H, Part III, Column A) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 11

@Other income. Attach schedule. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1212

@Total unrelated trade or business income. Add line 3 through line 12 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 13

Part II Deductions Not Taken Elsewhere (Except for contributions, deductions must be directly connected with the unrelated business income.)@Compensation of officers, directors, and trustees from Schedule I. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1414

@Salaries and wages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 15

@Repairs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 16

@Bad debts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1717

@Interest. Attach schedule . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 18

@Taxes. Attach schedule. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 19

@Contributions. See instructions and attach schedule. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2020

@Depreciation (Corporations and Associations ' Schedule J) (Trusts ' form FTB 3885F) . . . . . . 21 a 21 a

Less: depreciation claimed on Schedule A. See instructions . . . . . . . . . . . . . . . . . . . b 21 b 21

@Depletion. Attach schedule . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2222

Contributions to deferred compensation plans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 a 23 a

Employee benefit programs. See instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b 23 b

@Other deductions. Attach schedule . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2424

Total deductions. Add line 14 through line 24 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 25

Unrelated business taxable income before allowable excess advertising costs. Subtract line 25 from26@line 13 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26

@Excess advertising costs (Schedule H, Part III, Column B). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 27

@Unrelated business taxable income before specific deduction. Subtract line 27 from line 26. . . . . . . . . . . . . 28 28

@Specific deduction. See instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2929

Unrelated business taxable income. Subtract line 29 from line 28. If line 28 is a loss, enter line 28 . . . . . . 30 30Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true,correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.Sign

HereTitle Date @Telephone

Signature ofofficer G

@Date PTINPreparer's Check if self-G

employedsignaturePaid G@Pre- Firm's name (or yours, if self-employed) and address FEIN

parer's GUse

Telephone@Only

@ Yes NoMay the FTB discuss this return with the preparer shown above? See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

3642124 CAVA9812L 12/19/12Side 2 Form 109 C1 2012 059

VIET DREAMS 27-4115634

46.46.

46.

46.1,000.-954.

PRESIDENT & CEO 408-410-4920

CUC TRINH-NGUYEN E.A P00621255

TAX CONSULTATION OF AMERICA 77-045424388 TULLY RD STE 106SAN JOSE, CA 95111-1923 (408) 971-1888

X

SEE STATEMENT 1

Page 32: 990-ez Vietdreams 2012

Cost of Goods Sold and/or Operations.Schedule AMethod of inventory valuation (specify)

Inventory at beginning of year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 1

Purchases. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 2

@Cost of labor. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 3

Additional IRC Section 263A costs. Attach schedule. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 a4 a

@Other costs. Attach schedule. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b 4 b

Total. Add line 1 through line 4b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 5

Inventory at end of year. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 6

Cost of goods sold and/or operations. Subtract line 6 from line 5. Enter here and on Side 2, Part I, line 2. . . . 7 7

Do the rules of IRC Section 263A (with respect to property produced or acquired for resale) apply to this organization? Yes No

Tax Credits. Do not claim the New Jobs Credit on Schedule B.Schedule B@ 1Enter credit name code no.1@ 2Enter credit name code no.2@ 3Enter credit name code no.3

Total. Add line 1 through line 3. If claiming more than 3 credits, enter the total of all claimed credits, except4New Jobs Credit, on line 4. Enter here and on Side 1, line 11c . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

Add-On Taxes or Recapture of Tax. See instructions.Schedule K@Interest computation under the look-back method for completed long-term contracts. Attach form FTB 3834. . . . . . . . . . . . . . . . . . . . 11

@Interest on tax attributable to installment: Sales of certain timeshares or residential lots. . . . . . . . . . . . . . 2 a 2 a

@Method for non-dealer installment obligations. . . . . . . . . . . . . . b 2 b

@IRC Section 197(f)(9)(B)(ii) election to recognize gain on the disposition of intangibles . . . . . . . . . . . . . . . . . 33

@ 4Credit recapture. Credit name4

Total. Combine the amounts on line 1 through line 4. See instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 5

Apportionment Formula Worksheet. Use only for unrelated trade or business amounts.Schedule R

Is this organization electing the Alternate Method ' Single-Sales Factor Formula?

Yes NoIf 'Yes,' complete Part B. If 'No,' complete Part A.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . @

(a) (b) (c)Part A. Standard Method ' Three Factor Formula.Total within and Total within Percent withinComplete if the corporation uses the three-factor formula. (The three-factor

outside California California California (b) e (a)formula includes the double-weighted sales factor.)

@ @ @1 Property factor: See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . .

@ @ @2 Payroll factor: Wages and other compensation of employees . . . . . . .

3 Sales factor: Gross sales and/or receipts less returns@ @ @and allowances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Multiply the factor on line 3, column (c) by 2. . . . . . . . . . . . . . . . . . . . 4Total percentage: Add the percentages in column (c), line 1,5line 2, and line 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

6 Average apportionment percentage: Divide the factor on line 5by 4 and enter the result here and on Form 109, Side 1, line 2.See instructions for exceptions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(b) (c)(a)Part B. Alternate Method ' Single-Sales Factor Formula.Total within Percent withinTotal within andComplete if the corporation elects the single-sales factorCalifornia California (b) e (a)outside Californiaformula. This is an irrevocable annual election

@ @1 Total Sales. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Apportionment percentage. Divide total sales column (b) by total sales

@column (a) and enter the result here and on Form 109, Side 1, line 2. . .

Rental Income from Real Property and Personal Property Leased with Real PropertySchedule CFor rental income from debt-financed property, use Schedule D, R&TC Section 23701g, Section 23701i, and Section 23701n organizations. See instructions for exceptions.

Percentage of rent attribut-2 3Rent receivedDescription of property1able to personal propertyor accrued

%

%

%

Complete if any item in column 3 is more than 10%, but not more than 50%4 5Complete if any item in column 3 is more than 50%, or for anyitem if the rent is determined on the basis of profit or income

(a) Deductions directly connected (b) Income includible, (a) Gross income reportable, (b) Deductions directly connected (c) Net income includible,(attach schedule) column 2 less column 4(a) column 2 x column 3 with personal property (att sch) column 5(a) less column 5(b)

Add columns 4(b) and 5(c). Enter here and on Side 2, Part I, line 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

3643124CAVA9834L 12/19/12 Form 109 C1 2012 Side 3059

VIET DREAMS 27-4115634

X

X

Page 33: 990-ez Vietdreams 2012

Schedule D Unrelated Debt-Financed IncomeDescription of debt-financed property Deductions directly connected with or allocable toGross income from1 2 3

debt-financed propertyor allocable to debt-financed property

(a) Straight-line depreciation (b) Other deductions(attach schedule) (attach schedule)

Debt basis percentage, Gross income Allocable deductions, Net income (or loss)Amount of average acquisition Average adjusted basis 64 5 7 8 9reportable, column 2 x total of columns 3(a) includible, column 7indebtedness on or allocable to of or allocable to debt-

column 4 e column 5 column 6 and 3(b) x column 6 less column 8debt-financed property (attach financed propertyschedule) (attach schedule)

%%%

Total. Enter here and on Side 2, Part I, line 7. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Investment Income of an R&TC Section 23701g, 23701i, or 23701n OrganizationSchedule EDescription Amount Deductions directly Balance of investmentNet investment income, Set-asides (attach1 2 3 4 5 6

connected (attach income, column 4 lesscolumn 2 less column 3 schedule)schedule) column 5

Total. Enter here and on Side 2, Part I, line 8. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Enter gross income from members (dues, fees, charges, or similar amounts) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Interest, Annuities, Royalties and Rents from Controlled OrganizationsSchedule FExempt Controlled Organizations

Net unrelated Total of specified Part of column (4) thatName of controlled organizations Deductions directlyEmployer 3 4 51 2 6income (loss) payments made is included in the connected with incomeIdentification Number

controlling in column (5)organization's grossincome

1

2

3

Nonexempt Controlled OrganizationsNet unrelated Total of specifiedTaxable Income Part of column (9) that Deductions directly10987 11income (loss) payments made is included in the connected with income

controlling organization's in column (10)gross income

1

2

3

4 Add columns 5 and 10. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

5 Add columns 6 and 11. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

6 Subtract line 5 from line 4. Enter here and on Side 2, Part 1, line 9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Schedule G Exploited Exempt Activity Income, other than Advertising Income

Gross income Excess exemptGross Net income ExpensesDescription of exploited Expenses directly Net income1 2 3 4 5 6 7 8from activity that expense, columnunrelated from unrelated attributable toactivity (attach schedule if connected with includible, columnis not unrelated 6 less column 5business trade or column 5more than one unrelated production of 4 less column 7business income but not more thanincome from business,activity is exploiting the unrelated but not less than

column 4trade or column 2 lesssame exempt activity) business income zerobusiness column 3

Total. Enter here and on Side 2, Part I, line 10. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

3644124 CAVA9834L 12/19/12Side 4 Form 109 C1 2012 059

VIET DREAMS 27-4115634

Page 34: 990-ez Vietdreams 2012

Advertising Income and Excess Advertising CostsSchedule HIncome from Periodicals Reported on a Consolidated BasisPart I

Circulation income Readership costs If column 5 is greaterName of Gross advertising Direct advertising Advertising income or1 2 3 5 6 74than column 6, enterperiodical income costs excess advertisingthe income shown incosts. If column 2 iscolumn 4, in Part III,greater than column 3,column A(b). Ifcomplete columns 5,column 6 is greater6, and 7. If column 3than column 5,is greater than columnsubtract the sum of2, enter the excess incolumn 6 and columnPart III, column B(b).3 from the sum ofDo not completecolumn 5 and columncolumns 5, 6, and 7.2. Enter amount inPart III, column A(b).If the amount is lessthan zero, enter -0-.

Totals . . . . . . . . .

Income from Periodicals Reported on a Separate BasisPart II

Column B ' Excess Advertising CostsPart IIIColumn A ' Net Advertising IncomePart III(a) Enter 'consolidated periodical' and/or names of (a) Enter 'consolidated periodical' and/or names of(b) Enter total amount from (b) Enter total amount

Part I, column 4 or 7, and from Part I, column 4, andnon-consolidated periodicals non-consolidated periodicalsamounts listed in Part II, amounts listed in Part II,

columns 4 and 7 column 4

Enter total here and on Side 2, Part I, line 11. . . . . . . . . . . . . . . Enter total here and on Side 2, Part II, line 27. . . . . . . .

Compensation of Officers, Directors, and TrusteesSchedule IName of Officer SSN or ITIN Title1 2 3 4 5 6CompensationPercent of time Expense account

attributable todevoted to business allowancesunrelated business

%%%%%

Total. Enter here and on Side 2, Part II, line 14 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Depreciation (Corporations and Associations only. Trusts use form FTB 3885F.)Schedule JDate acquired1 2 3 4 5 6 7Depreciation Method ofGroup and guideline class or Cost or Life or Depreciation

allowed or computingdescription of property other basis rate for this yearallowable in depreciationprior years

Total additional first-year depreciation (do not include in items below). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1

Other depreciation:2

Buildings. . . . . . . . . . . . . . . . . . .

Furniture and fixtures . . . . . . .

Transportation equipment . . .

Machinery andother equipment . . . . . . . . . . . .

Other (specify)

Other depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3

Total. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

Amount of depreciation claimed elsewhere on return. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

Balance. Subtract line 5 from line 4. Enter here and on Side 2, Part II, line 21a. . . . . . . . . . . . . . . . . . . . . . . . . . 6

3645124CAVA9805L 12/19/12 Form 109 C1 2012 Side 5059

VIET DREAMS 27-4115634

Page 35: 990-ez Vietdreams 2012

TAXABLE YEAR CALIFORNIA FORMNet Operating Loss (NOL) Computation

2012 3805Qand NOL and Disaster Loss Limitations ' CorporationsAttach to Form 100, Form 100W, Form 100S, or Form 109.Corporation name California corporation number

FEINDuring the taxable year the corporation incurred the NOL, the corporation was a(n): C Corporation

S Corporation Exempt Organization Limited Liability Company (electing to be taxed as a corporation)

If the corporation previously filed California tax returns under another corporate name, enter the corporation name and California corporation number:

If the corporation is included in a combined report of a unitary group, see instructions, General Information C, Combined Reporting.

Part I Current year NOL. If the corporation does not have a current year NOL, go to Part II.

Net loss from Form 100, line 19; Form 100W, line 19; Form 100S, line 16; or Form 109, line 2.11Enter as a positive number. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2 22012 disaster loss included in line 1. Enter as a positive number. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

3 3Subtract line 2 from line 1. If zero or less, enter -0- and see instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

4a 4 aEnter the amount of the loss incurred by a new business included in line 3 . . . . . . . . . . .

b 4 bEnter the amount of the loss incurred by an eligible small business included in line 3. .

c 4cAdd line 4a and line 4b. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

5 5General NOL. Subtract line 4c from line 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

6 62012 NOL carryover. Add line 2, line 4c, and line 5. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Part II NOL carryover and disaster loss carryover limitations. See Instructions.

(g)Available balance

1 Net income (loss) ' Enter the amount from Form 100, line 19; Form 100W, line 19;Form 100S, line 16 less line 17 (but not less than -0-); or Form 109, line 2 . . . . . . . . . . . . . . . .

Prior Year NOLs

(c) (d) (e)(a) (f)(b) (h)Type ofCode ' See Initial Loss CarryoverYear Amount used Carryover to 2013NOL 'instructions from 2011of loss in 2012 col (e) ' col (f)

See below*

2

Current Year NOLs

col (d) ' col (f)

3 2012 DIS

4 2012

2012

2012

2012

*Type of NOL: General (GEN), New Business (NB), Eligible Small Business (ESB), or Disaster (DIS).

Part III 2012 NOL deduction

1 1Total the amounts in Part II, line 2, column (f) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Enter the total amount from line 1 that represents disaster loss carryover deduction here and on Form 100,22line 22; Form 100W, line 22; or Form 100S, line 20. Form 109 filers enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Subtract line 2 from line 1. Enter the result here and on Form 100, line 20; Form 100W, line 20; Form 100S,33line 18; or Form 109, line 7. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

7521124 FTB 3805Q 2012CACA3301L 07/31/2012 059

3332710

X 27-4115634

954.

954.954.

954.

0

VIET DREAMS

954.

0.

ESB 954. 954.

Page 36: 990-ez Vietdreams 2012

2012 California Statements Page 1

VIET DREAMS 27-4115634

Statement 1Form 109, Part I, Line 12Other Income

Other Investment Income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 46.Total $ 46.

Page 37: 990-ez Vietdreams 2012

IN ANNUALMAIL TO:

REGISTRATION RENEWAL FEE REPORTRegistry of Charitable TrustsP.O. Box 903447 TO ATTORNEY GENERAL OF CALIFORNIASacramento, CA 94203-4470

Sections 12586 and 12587, California Government CodeTelephone: (916) 445-2021

11 Cal. Code Regs. sections 301-307, 311 and 312

Failure to submit this report annually no later than four months and fifteen days after theWEBSITE ADDRESS: end of the organization's accounting period may result in the loss of tax exemption and

the assessment of a minimum tax of $800, plus interest, and/or fines or filing penalties ashttp://ag.ca.gov/charities/defined in Government Code Section 12586.1. IRS extensions will be honored.

Check if:

State Charity Registration Number Change of address

Amended report

Name of Organization

Corporate or Organization No.Address (Number and Street)

Federal Employer ID No.City or Town State ZIP Code

ANNUAL REGISTRATION RENEWAL FEE SCHEDULE (11 Cal. Code Regs. sections 301-307, 311 and 312)Make Check Payable to Attorney General's Registry of Charitable Trusts

Fee Fee FeeGross Annual Revenue Gross Annual Revenue Gross Annual Revenue

0Less than $25,000 Between $100,001 and $250,000 $50 Between $1,000,001 and $10 million $150

Between $25,000 and $100,000 $25 Between $250,001 and $1 million $75 Between $10,000,001 and $50 million $225

Greater than $50 million $300

PART A ' ACTIVITIES

For your most recent full accounting period (beginning ending ) list:

$ $Total assetsGross annual revenue

PART B ' STATEMENTS REGARDING ORGANIZATION DURING THE PERIOD OF THIS REPORT

If you answer 'yes' to any of the questions below, you must attach a separate sheet providing an explanation and details for eachNote:'yes' response. Please review RRF-1 instructions for information required.

Yes NoDuring this reporting period, were there any contracts, loans, leases or other financial transactions between the1organization and any officer, director or trustee thereof either directly or with an entity in which any such officer,director or trustee had any financial interest?

During this reporting period, was there any theft, embezzlement, diversion or misuse of the organization's charitable2property or funds?

During this reporting period, did non-program expenditures exceed 50% of gross revenues?3

During this reporting period, were any organization funds used to pay any penalty, fine or judgment? If you filed a4Form 4720 with the Internal Revenue Service, attach a copy.

During this reporting period, were the services of a commercial fundraiser or fundraising counsel for charitable5purposes used? If 'yes,' provide an attachment listing the name, address, and telephone number of the serviceprovider.

During this reporting period, did the organization receive any governmental funding? If so, provide an attachment listing6the name of the agency, mailing address, contact person, and telephone number.

During this reporting period, did the organization hold a raffle for charitable purposes? If 'yes,' provide an attachment7indicating the number of raffles and the date(s) they occurred.

Does the organization conduct a vehicle donation program? If 'yes,' provide an attachment indicating whether8the program is operated by the charity or whether the organization contracts with a commercial fundraiser forcharitable purposes.

Did your organization have prepared an audited financial statement in accordance with generally accepted accounting9principles for this reporting period?

Organization's area code and telephone number

Organization's e-mail address

I declare under penalty of perjury that I have examined this report, including accompanying documents, and to the best of my knowledgeand belief, it is true, correct and complete.

Signature of authorized officer Printed Name Title Date

CAVA9801L 01/25/13 RRF-1 (3-05)

VIET DREAMS

1876 ANNE MARIE CT 3332710

SAN JOSE, CA 95132 27-4115634

1/01/12 12/31/12

98,031. 52,565.

X

X

X

X

X

X

X

X

X

408-410-4920

QUAN K NGUYEN PRESIDENT & CEO

Page 38: 990-ez Vietdreams 2012

Short FormOMB No. 1545-1150

Return of Organization Exempt From Income TaxForm 990-EZ

Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code 2012(except black lung benefit trust or private foundation)G Sponsoring organizations of donor advised funds, organizations that operate one or more hospital facilities, and certain

controlling organizations as defined in section 512(b)(13) must file Form 990 (see instructions). All other organizations withOpen to Publicgross receipts less than $200,000 and total assets less than $500,000 at the end of the year may use this form.Department of the Treasury InspectionInternal Revenue Service G The organization may have to use a copy of this return to satisfy state reporting requirements.

A ,For the 2012 calendar year, or tax year beginning , 2012, and endingB Check if applicable: Employer identification numberC D

Address change

Name changeTelephone numberE

Initial return

Terminated

Amended return F Group ExemptionApplication pending GNumber. . . . . . . . . . . .

GAccounting Method: Cash Accrual Other (specify)G CheckH if the organization is notGGI Website: required to attach Schedule B (Form

990, 990-EZ, or 990-PF).HJ 501(c)(3) 501(c) ( ) (insert no.) 4947(a)(1) or 527Tax-exempt status (check only one) '

GCheckK if the organization is not a section 509(a)(3) supporting organization or a section 527 organization and its gross receipts arenormally not more than $50,000. A Form 990-EZ or Form 990 return is not required though Form 990-N (e-postcard) may be required (seeinstructions). But if the organization chooses to file a return, be sure to file a complete return.

Add lines 5b, 6c, and 7b, to line 9 to determine gross receipts. If gross receipts are $200,000 or more, or if totalLG$assets (Part II, line 25, column (B) below) are $500,000 or more, file Form 990 instead of Form 990-EZ. . . . . . . . .

Part I Revenue, Expenses, and Changes in Net Assets or Fund Balances (see the instructions for Part I)Check if the organization used Schedule O to respond to any question in this Part I. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Contributions, gifts, grants, and similar amounts received. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 1

Program service revenue including government fees and contracts. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 2

Membership dues and assessments. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 3

Investment income. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44

Gross amount from sale of assets other than inventory . . . . . . . . . . . . . . . . . . . . 5 a 5 a

Less: cost or other basis and sales expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b 5 b

5 cc Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Gaming and fundraising events6R Gross income from gaming (attach Schedule G if greater than $15,000) . . . . a 6 aEV $Gross income from fundraising events (not including of contributionsbEN from fundraising events reported on line 1) (attach Schedule G if the sumU

of such gross income and contributions exceeds $15,000) . . . . . . . . . . . . . . . . . 6 bE

Less: direct expenses from gaming and fundraising events . . . . . . . . . . . . . . . . c 6 c

Net income or (loss) from gaming and fundraising events (add lines 6a andd6b and subtract line 6c) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 d

Gross sales of inventory, less returns and allowances . . . . . . . . . . . . . . . . . . . . . 7 a 7 a

Less: cost of goods sold. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b 7 b

Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a). . . . . . . . . . . . . . . . . . . . . . . . . . . . c 7 c

Other revenue (describe in Schedule O) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 8

G9 9Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

10Grants and similar amounts paid (list in Schedule O). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10

Benefits paid to or for members. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 11

E Salaries, other compensation, and employee benefits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 12XP Professional fees and other payments to independent contractors. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 13EN Occupancy, rent, utilities, and maintenance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 14SE Printing, publications, postage, and shipping. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 15S

Other expenses (describe in Schedule O). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 16

G17 17Total expenses. Add lines 10 through 16 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Excess or (deficit) for the year (Subtract line 17 from line 9). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1818AS Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with end-of-year19N S

E figure reported on prior year's return). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19ET T

Other changes in net assets or fund balances (explain in Schedule O). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 20S

GNet assets or fund balances at end of year. Combine lines 18 through 20. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 21

BAA For Paperwork Reduction Act Notice, see the separate instructions. Form 990-EZ (2012)

TEEA0803L 12/07/12

27-4115634

408-410-4920

VIET DREAMS1876 ANNE MARIE CTSAN JOSE, CA 95132

XXN/A

X

98,031.

X

97,985.

46.

98,031.44,175.

230.

158.25,801.70,364.27,667.

24,898.

52,565.

See Schedule O

See Schedule O

Page 39: 990-ez Vietdreams 2012

Form 990-EZ (2012) Page 2

Part II Balance Sheets. (see the instructions for Part II.)Check if the organization used Schedule O to respond to any question in this Part II . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(A) Beginning of year (B) End of yearCash, savings, and investments. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 22

Land and buildings. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 23

Other assets (describe in Schedule O). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 24

25 Total assets. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25

26 Total liabilities (describe in Schedule O) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26

27 Net assets or fund balances (line 27 of column (B) must agree with line 21). . . . . . . . . . 27

ExpensesPart III Statement of Program Service Accomplishments (see the instrs for Part III.)(Required for section 501Check if the organization used Schedule O to respond to any question in this Part III. . . . . . . . . . . . . . (c)(3) and 501(c)(4)What is the organization's primary exempt purpose?organizations and section

Describe the organization's program service accomplishments for each of its three largest program services, as 4947(a)(1) trusts; optionalmeasured by expenses. In a clear and concise manner, describe the services provided, the number of persons for others.)benefited, and other relevant information for each program title.

28

G(Grants ) If this amount includes foreign grants, check here. . . . . . . . . . . . . . . . 28 a$29

G(Grants ) If this amount includes foreign grants, check here. . . . . . . . . . . . . . . . 29 a$30

G) If this amount includes foreign grants, check here. . . . . . . . . . . . . . . . (Grants 30 a$Other program services (describe in Schedule O) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31

G) If this amount includes foreign grants, check here. . . . . . . . . . . . . . . . (Grants 31 a$G32 32Total program service expenses (add lines 28a through 31a). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Part IV List of Officers, Directors, Trustees, and Key Employees. List each one even if not compensated. (see the instructions for Part IV.)Check if the organization used Schedule O to respond to any question in this Part IV. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(d) Health benefits,(b) Average hours per (c) Reportable compensation (e) Estimated amount ofcontributions to employee(a) Name and Title week devoted to (Forms W-2/1099-MISC) other compensationbenefit plans, and deferredposition (If not paid, enter -0-) compensation

TEEA0812L 12/28/12BAA Form 990-EZ (2012)

27-4115634

44,175.

VIET DREAMS

44,175.

24,898.

24,898.0.

24,898.

52,565.

52,565.0.

52,565.

X

BUILT WATER FILTRATION SYSTEMS FOR THE ORPHANAGE. PROVIDEDCLOTHING,BOOK FOR THE CHILDREN AT THE ORPHANAGE.

QUAN K NGUYENPresident & CEO 5 0. 0. 0.VIVIAN TRUONGGIAChairman 5 0. 0. 0.XUAN NHUT TRANVice President 6 0. 0. 0.CUC TRINHTreasurer 4 0. 0. 0.

See Schedule O

Page 40: 990-ez Vietdreams 2012

Form 990-EZ (2012) Page 3

Part V Other Information (Note the Schedule A and personal benefit contract statement requirements inthe instructions for Part V) Check if the organization used Schedule O to respond to any question in this Part V . . . . . . . . . . . . . . . . .

NoYesDid the organization engage in any activity not previously reported to the IRS? If 'Yes,'33provide a detailed description of each activity in Schedule O. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33

34 Were any significant changes made to the organizing or governing documents? If 'Yes,' attach a conformed copy of the amended documents if they reflect

34a change to the organization's name. Otherwise, explain the change on Schedule O (see instructions). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Did the organization have unrelated business gross income of $1,000 or more during the year from business activities35 a

(such as those reported on lines 2, 6a, and 7a, among others)?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35 a

If 'Yes,' to line 35a, has the organization filed a Form 990-T for the year? If 'No,' provide an explanation in Schedule O . . . . . b 35 b

Was the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization subject to section 6033(e) notice,creporting, and proxy tax requirements during the year? If 'Yes,' complete Schedule C, Part III . . . . . . . . . . . . . . . . . . . . . . . . 35 c

Did the organization undergo a liquidation, dissolution, termination, or significant36disposition of net assets during the year? If 'Yes,' complete applicable parts of Schedule N. . . . . . . . . . . . . . . . . . . . . . . . . . . 36

G37 a 37 aEnter amount of political expenditures, direct or indirect, as described in the instructions.

b 37 bDid the organization file Form 1120-POL for this year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

38 a Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or wereany such loans made in a prior year and still outstanding at the end of the tax year covered by this return?. . . . . . . . . . . . 38 a

If 'Yes,' complete Schedule L, Part II and enter the totalbamount involved . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38 b

Section 501(c)(7) organizations. Enter:39

Initiation fees and capital contributions included on line 9. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . a 39 a

Gross receipts, included on line 9, for public use of club facilities . . . . . . . . . . . . . . . . . . . . . . . . b 39 b

Section 501(c)(3) organizations. Enter amount of tax imposed on the organization during the year under:40 a

G G Gsection 4911 ; section 4912 ; section 4955

Section 501(c)(3) and 501(c)(4) organizations. Did the organization engage in any section 4958 excess benefitbtransaction during the year or did it engage in an excess benefit transaction in a prior year that has not been reported

40 bon any of its prior Forms 990 or 990-EZ? If 'Yes,' complete Schedule L, Part I . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Section 501(c)(3) and 501(c)(4) organizations. Enter amount of tax imposed on organizationcGmanagers or disqualified persons during the year under sections 4912, 4955, and 4958. . . . . . . .

Section 501(c)(3) and 501(c)(4) organizations. Enter amount of tax on line 40c reimburseddGby the organization. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

All organizations. At any time during the tax year, was the organization a party to a prohibited taxeshelter transaction? If 'Yes,' complete Form 8886-T . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40 e

G41 List the states with which a copy of this return is filed

42 a The organization'sG Gbooks are in care of Telephone no.

G GLocated at ZIP + 4

Yes NoAt any time during the calendar year, did the organization have an interest in or a signature or other authority over abfinancial account in a foreign country (such as a bank account, securities account, or other financial account)? . . . . . . . . 42 b

GIf 'Yes,' enter the name of the foreign country:

See the instructions for exceptions and filing requirements for Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts.

At any time during the calendar year, did the organization maintain an office outside of the U.S.?. . . . . . . . . . . . . . . . . . . . . c 42 c

GIf 'Yes,' enter the name of the foreign country:

G43 Section 4947(a)(1) nonexempt charitable trusts filing Form 990-EZ in lieu of Form 1041 ' Check here . . . . . . . . . . . . . . . . . . . . . . .

Gand enter the amount of tax-exempt interest received or accrued during the tax year. . . . . . . . . . . . . . . . . . . . . . 43Yes No

Did the organization maintain any donor advised funds during the year? If 'Yes,' Form 990 must be completed instead44 aof Form 990-EZ. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44 a

Did the organization operate one or more hospital facilities during the year? If 'Yes,' Form 990 must be completedbinstead of Form 990-EZ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44 b

Did the organization receive any payments for indoor tanning services during the year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c 44 c

If 'Yes' to line 44c, has the organization filed a Form 720 to report these payments?dIf 'No,' provide an explanation in Schedule O . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44 d

Did the organization have a controlled entity of the organization within the meaning of section 512(b)(13)? . . . . . . . . . . . . 45 a 45 a

b Did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If 'Yes,'45 bForm 990 and Schedule R may need to be completed instead of Form 990-EZ (see instructions). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

TEEA0812L 12/28/12 Form 990-EZ (2012)

N/AN/A

X

X

9511188 W TULLY ROAD STE 116 SAN JOSE CA408-971-1888CUC TRINH-NGUYEN

27-4115634VIET DREAMS

0.0.0.

0.

0.

X

X

X

X

0.X

X

N/A

N/AN/A

X

X

XX

X

X

X

X

None

See Schedule O

Page 41: 990-ez Vietdreams 2012

Form 990-EZ (2012) Page 4

Yes No

Did the organization engage, directly or indirectly, in political campaign activities on behalf of or in opposition to46candidates for public office? If 'Yes,' complete Schedule C, Part I. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46

Part VI Section 501(c)(3) organizations onlyAll section 501(c)(3) organizations must answer questions 47-49b and 52, and complete the tablesfor lines 50 and 51.

Check if the organization used Schedule O to respond to any question in this Part VI. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Yes NoDid the organization engage in lobbying activities or have a section 501(h) election in effect during the tax year? If 'Yes,'47complete Schedule C, Part II . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47

Is the organization a school as described in section 170(b)(1)(A)(ii)? If 'Yes,' complete Schedule E. . . . . . . . . . . . . . . . . . . . 48 48

Did the organization make any transfers to an exempt non-charitable related organization?. . . . . . . . . . . . . . . . . . . . . . . . . . . 49 a 49 a

If 'Yes,' was the related organization a section 527 organization? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . b 49 b

Complete this table for the organization's five highest compensated employees (other than officers, directors, trustees and key50employees) who each received more than $100,000 of compensation from the organization. If there is none, enter 'None.'

(d) Health benefits,(b) Average hours contributions to employee(a) Name and title of each employee (c) Reportable compensation (e) Estimated amount ofper week devotedpaid more than $100,000 (Forms W-2/1099-MISC) benefit plans, and deferred other compensationto position compensation

GTotal number of other employees paid over $100,000. . . . . . . . f

51 Complete this table for the organization's five highest compensated independent contractors who each received more than $100,000 ofcompensation from the organization. If there is none, enter 'None.'

(b) Type of service (c) Compensation(a) Name and address of each independent contractor paid more than $100,000

GTotal number of other independent contractors each receiving over $100,000 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . d

52 Did the organization complete Schedule A? Note: All section 501(c)(3) organizations and 4947(a)(1) nonexemptGcharitable trusts must attach a completed Schedule A. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No

Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it istrue, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.

ASignature of officer DateSign

Here AType or print name and title.

Print/Type preparer's name Preparer's signature Date PTINCheck if

self-employedPaid

Firm's name GPreparerGFirm's address Firm's EINUse Only G

Phone no.

GMay the IRS discuss this return with the preparer shown above? See instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No

Form 990-EZ (2012)

TEEA0812L 12/28/12

VIET DREAMS 27-4115634

X

XXX

X

QUAN K NGUYEN President & CEO

X

None

None

Cuc Trinh-Nguyen E.A Cuc Trinh-Nguyen E.A P00621255TAX CONSULTATION OF AMERICA88 TULLY RD STE 106 77-0454243SAN JOSE, CA 95111-1923 (408) 971-1888

None

None

Cuc Trinh-Nguyen E.A Cuc Trinh-Nguyen E.A P00621255TAX CONSULTATION OF AMERICA88 TULLY RD STE 106 77-0454243SAN JOSE, CA 95111-1923 (408) 971-1888

Page 42: 990-ez Vietdreams 2012

OMB No. 1545-0047

SCHEDULE A Public Charity Status and Public Support 2012(Form 990 or 990-EZ)

Complete if the organization is a section 501(c)(3) organization or a section4947(a)(1) nonexempt charitable trust. Open to Public

Department of the Treasury InspectionG Attach to Form 990 or Form 990-EZ. G See separate instructions.Internal Revenue Service

Name of the organization Employer identification number

Part I Reason for Public Charity Status (All organizations must complete this part.) See instructions.The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)

1 A church, convention of churches or association of churches described in section 170(b)(1)(A)(i).

2 A school described in section 170(b)(1)(A)(ii). (Attach Schedule E.)

3 A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii).

4 A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's

name, city, and state:

An organization operated for the benefit of a college or university owned or operated by a governmental unit described in section5170(b)(1)(A)(iv). (Complete Part II.)

6 A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).

7 An organization that normally receives a substantial part of its support from a governmental unit or from the general public describedin section 170(b)(1)(A)(vi). (Complete Part II.)

8 A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.)

An organization that normally receives: (1) more than 33-1/3% of its support from contributions, membership fees, and gross receipts from activities9related to its exempt functions ' subject to certain exceptions, and (2) no more than 33-1/3% of its support from gross investment income andunrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975. See section 509(a)(2).(Complete Part III.)

10 An organization organized and operated exclusively to test for public safety. See section 509(a)(4).

An organization organized and operated exclusively for the benefit of, to perform the functions of, or carry out the purposes of one or more publicly11supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box that describes the type ofsupporting organization and complete lines 11e through 11h.

Type III ' Functionally integratedType I Type II Type III ' Non-functionally integrateda b c d

By checking this box, I certify that the organization is not controlled directly or indirectly by one or more disqualified personseother than foundation managers and other than one or more publicly supported organizations described in section 509(a)(1) orsection 509(a)(2).

If the organization received a written determination from the IRS that is a Type I, Type II or Type III supporting organization,fcheck this box . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Since August 17, 2006, has the organization accepted any gift or contribution from any of the following persons?g

Yes NoA person who directly or indirectly controls, either alone or together with persons described in (ii) and (iii)(i)

11g (i)below, the governing body of the supported organization?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

A family member of a person described in (i) above?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (ii) 11g (ii)

A 35% controlled entity of a person described in (i) or (ii) above?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (iii) 11g (iii)Provide the following information about the supported organization(s).h

(vii) Amount of monetary(ii) EIN(i) Name of supported (iv) Is the (v) Did you notify (vi) Is the(iii) Type of organizationorganization organization in the organization in organization in(described on lines 1-9 support

column (i) listed in column (i) of your column (i)above or IRC sectionyour governing support? organized in the(see instructions))

document? U.S.?

Yes No Yes No Yes No

(A)

(B)

(C)

(D)

(E)

Total

BAA For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ. Schedule A (Form 990 or 990-EZ) 2012

TEEA0401L 08/09/12

VIET DREAMS 27-4115634

X

Page 43: 990-ez Vietdreams 2012

Schedule A (Form 990 or 990-EZ) 2012 Page 2

Part II Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If theorganization fails to qualify under the tests listed below, please complete Part III.)

Section A. Public Support

Calendar year (or fiscal year (f) Total(a) 2008 (b) 2009 (c) 2010 (d) 2011 (e) 2012beginning in) G

1 Gifts, grants, contributions, andmembership fees received. (Do notinclude any 'unusual grants.'). . . . . . . .

Tax revenues levied for the2organization's benefit andeither paid to or expendedon its behalf. . . . . . . . . . . . . . . . . .

The value of services or3facilities furnished by agovernmental unit to theorganization without charge. . . .

4 Total. Add lines 1 through 3 . . .

The portion of total5contributions by each person(other than a governmentalunit or publicly supportedorganization) included on line 1that exceeds 2% of the amountshown on line 11, column (f). . .

6 Public support. Subtract line 5from line 4 . . . . . . . . . . . . . . . . . . .

Section B. Total Support

Calendar year (or fiscal year (f) Total(a) 2008 (b) 2009 (c) 2010 (d) 2011 (e) 2012beginning in) G

Amounts from line 4 . . . . . . . . . . 7

Gross income from interest,8dividends, payments receivedon securities loans, rents,royalties and income fromsimilar sources . . . . . . . . . . . . . . .

Net income from unrelated9business activities, whether ornot the business is regularlycarried on . . . . . . . . . . . . . . . . . . . .

Other income. Do not include10gain or loss from the sale ofcapital assets (Explain inPart IV.). . . . . . . . . . . . . . . . . . . . . .

11 Total support. Add lines 7through 10. . . . . . . . . . . . . . . . . . . .

Gross receipts from related activities, etc (see instructions). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 12

13 First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3)Gorganization, check this box and stop here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Section C. Computation of Public Support PercentagePublic support percentage for 2012 (line 6, column (f) divided by line 11, column (f)). . . . . . . . . . . . . . . . . . . . . . . . . . . 14 14 %

Public support percentage from 2011 Schedule A, Part II, line 14 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . %15 15

16 a 33-1/3% support test ' 2012. If the organization did not check the box on line 13, and the line 14 is 33-1/3% or more, check this boxGand stop here. The organization qualifies as a publicly supported organization. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

b 33-1/3% support test ' 2011. If the organization did not check a box on line 13 or 16a, and line 15 is 33-1/3% or more, check this boxGand stop here. The organization qualifies as a publicly supported organization. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

17 a 10%-facts-and-circumstances test ' 2012. If the organization did not check a box on line 13, 16a, or 16b, and line 14 is 10%or more, and if the organization meets the 'facts-and-circumstances' test, check this box and stop here. Explain in Part IV how

Gthe organization meets the 'facts-and-circumstances' test. The organization qualifies as a publicly supported organization . . . . . . . . . .

b 10%-facts-and-circumstances test ' 2011. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 10%or more, and if the organization meets the 'facts-and-circumstances' test, check this box and stop here. Explain in Part IV how the

Gorganization meets the 'facts-and-circumstances' test. The organization qualifies as a publicly supported organization. . . . . . . . . . . . . .

18 GPrivate foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see instructions . . .

BAA Schedule A (Form 990 or 990-EZ) 2012

TEEA0402L 08/09/12

VIET DREAMS 27-4115634

Page 44: 990-ez Vietdreams 2012

Schedule A (Form 990 or 990-EZ) 2012 Page 3

Part III Support Schedule for Organizations Described in Section 509(a)(2)(Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II. If the organization failsto qualify under the tests listed below, please complete Part II.)

Section A. Public Support(c) 2010 (f) TotalCalendar year (or fiscal yr beginning in) G (a) 2008 (b) 2009 (d) 2011 (e) 2012

Gifts, grants, contributions1and membership feesreceived. (Do not includeany 'unusual grants.') . . . . . . . . .

Gross receipts from admis-2sions, merchandise sold orservices performed, or facilitiesfurnished in any activity that isrelated to the organization'stax-exempt purpose. . . . . . . . . . .

Gross receipts from activities3that are not an unrelated tradeor business under section 513.

Tax revenues levied for the4organization's benefit andeither paid to or expended onits behalf. . . . . . . . . . . . . . . . . . . . . The value of services or5facilities furnished by agovernmental unit to theorganization without charge. . . .

6 Total. Add lines 1 through 5 . . .

Amounts included on lines 1,7 a2, and 3 received fromdisqualified persons. . . . . . . . . . .

Amounts included on lines 2band 3 received from other thandisqualified persons thatexceed the greater of $5,000 or1% of the amount on line 13for the year. . . . . . . . . . . . . . . . . . .

Add lines 7a and 7b. . . . . . . . . . . c

8 Public support (Subtract line7c from line 6.) . . . . . . . . . . . . . . .

Section B. Total Support(f) Total(c) 2010(a) 2008 (b) 2009 (d) 2011 (e) 2012Calendar year (or fiscal yr beginning in) G

Amounts from line 6 . . . . . . . . . . 9Gross income from interest,10 adividends, payments receivedon securities loans, rents,royalties and income fromsimilar sources . . . . . . . . . . . . . . .

Unrelated business taxablebincome (less section 511taxes) from businessesacquired after June 30, 1975. . .

Add lines 10a and 10b. . . . . . . . . c11 Net income from unrelated business

activities not included in line 10b,whether or not the business isregularly carried on . . . . . . . . . . . . . . .

Other income. Do not include12gain or loss from the sale ofcapital assets (Explain inPart IV.). . . . . . . . . . . . . . . . . . . . . .

13 Total support. (Add lns 9, 10c, 11, and 12.)

14 First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3)Gorganization, check this box and stop here . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Section C. Computation of Public Support Percentage%Public support percentage for 2012 (line 8, column (f) divided by line 13, column (f)). . . . . . . . . . . . . . . . . . . . . . . . . . . 15 15

%Public support percentage from 2011 Schedule A, Part III, line 15. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 16

Section D. Computation of Investment Income Percentage%17 17Investment income percentage for 2012 (line 10c, column (f) divided by line 13, column (f)) . . . . . . . . . . . . . . . . . . . .

%18 18Investment income percentage from 2011 Schedule A, Part III, line 17 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

19 a 33-1/3% support tests ' 2012. If the organization did not check the box on line 14, and line 15 is more than 33-1/3%, and line 17Gis not more than 33-1/3%, check this box and stop here. The organization qualifies as a publicly supported organization . . . . . . . . . . .

b 33-1/3% support tests ' 2011. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33-1/3%, andGline 18 is not more than 33-1/3%, check this box and stop here. The organization qualifies as a publicly supported organization. . . . .

GIf the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions. . . . . . . . . . . . . 20 Private foundation.

TEEA0403L 08/09/12BAA Schedule A (Form 990 or 990-EZ) 2012

VIET DREAMS 27-4115634

81,487. 81,487.

0.

0.

0.

0.0. 0. 0. 81,487. 0. 81,487.

0. 0. 0. 0. 0. 0.

0. 0. 0. 0. 0. 0.0. 0. 0. 0. 0. 0.

81,487.

0. 0. 0. 81,487. 0. 81,487.

0.

0.0. 0. 0. 0. 0. 0.

0.

0.0. 0. 0. 81,487. 0. 81,487.

X

Page 45: 990-ez Vietdreams 2012

Schedule A (Form 990 or 990-EZ) 2012 Page 4

Part IV Supplemental Information. Complete this part to provide the explanations required by Part II, line 10;Part II, line 17a or 17b; and Part III, line 12. Also complete this part for any additional information.(See instructions).

BAA Schedule A (Form 990 or 990-EZ) 2012

TEEA0404L 08/10/12

VIET DREAMS 27-4115634

Page 46: 990-ez Vietdreams 2012

OMB No. 1545-0047SCHEDULE O Supplemental Information to Form 990 or 990-EZ(Form 990 or 990-EZ) 2012

Complete to provide information for responses to specific questions onForm 990 or 990-EZ or to provide any additional information.

Open to PublicDepartment of the Treasury G Attach to Form 990 or 990-EZ. InspectionInternal Revenue Service

Name of the organization Employer identification number

TEEA4901L 12/8/12 Schedule O (Form 990 or 990-EZ) 2012BAA For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

27-4115634VIET DREAMS

Form 990-EZ, Part III - Organization's Primary Exempt Purpose

PROVIDING FOOD, CLOTHING, FUNDS FOR THE ORPHANAGE AND HELPING TO BUILD WATER

SYSTEMS FOR BETTER LIVING.

Form 990-EZ, Part V - Regarding Transfers Associated with Personal Benefit Contracts

(a) Did the organization, during the year, receive any funds, directly or

indirectly, to pay premiums on a personal benefit contract?. . . . . . . . . . . . . . . . . . . . . . . . . . . No

(b) Did the organization, during the year, pay premiums, directly or

indirectly, on a personal benefit contract?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . No

Page 47: 990-ez Vietdreams 2012

2012 Schedule O - Supplemental Information Page 2

VIET DREAMS 27-4115634

Form 990-EZ, Part I, Line 10Grants and Similar Amounts Paid In Excess of $5,000

Class of Activity: FINANCIAL SUPPORTDonee's Name: KOMTOM ORPHANAGECash Amount Given: $ 27,375.

Donee's Name: DA NANG ORPHANAGECash Amount Given: $ 16,800.

Form 990-EZ, Part I, Line 16Other Expenses

Advertising and Promotion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 22,782.Dues and Subscriptions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 83.Equipment Maintenance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,220.Office Expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 400.Supplies. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 296.Travel. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,020.

Total $ 25,801.