KOREAN AMERICAN CHAMBER OF COMMERCE USA (EIN 300210554) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

KYUNG C LEE

Phone

4045134222

Tax Period

2024-06-01 to 2025-05-31

KOREAN AMERICAN CHAMBER OF COMMERCE USA, founded in 2003, is a small nonprofit in the Community Improvement sector that reported $141K in total revenue in fiscal year 2024. Revenue fell 88% from the prior year — a significant decline worth monitoring.

Mission

OUR MISSION IS TO PROMOTE, SUPPORT, AND GUIDE KOREAN AMERICAN BUSINESSES AND CIVIC LEADERS IN THE US, AND FOSTER THE CAPACITY AND WILLINGNESS TO DEVELOP, ORGANIZE AND IMPROVE THE BUSINESS ENVIRONMENT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $84,047

Program Service Revenue $32,646

Investment Income $0

Other Revenue $24,613

TOTAL REVENUE $141,306

Expense Breakdown

Grants Paid $0

Salaries & Benefits $11,866

Fundraising Expenses $0

Other Expenses $128,005

TOTAL EXPENSES $139,871

Year-over-Year Comparison

	2024	2023	Change
Revenue	$141,306	$1,167,914	-0.9%
Expenses	$139,871	$1,494,948	-0.9%
Net Income	$1,435	$-327,034	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

162

Independent Members

162

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
OH DONG HAN	SECRETARY	N/A	Officer	$0	$0	$0
SUZIE HAN	TREASURER	N/A	Officer	$0	$0	$0
KYUNG C LEE	PRESIDENT	N/A	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$141,306	$139,871	$21,093	$1,435
2024	$1,167,914	$1,494,948	$22,809	$-327,034
2023	$378,805	$79,167	$360,457	$299,638
2022	$221,792	$193,358	$39,627	$28,434

KOREAN AMERICAN CHAMBER OF COMMERCE USA