LOS ANGELES CHAMBER CHOIR INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

HAE KYUNG CHO

Tax Period

2023-01-01 to 2023-12-31

LOS ANGELES CHAMBER CHOIR INC, founded in 2005, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $70K in total revenue in fiscal year 2023. Expenses of $79K exceeded revenue, resulting in a 12% operating deficit.

Mission

EXPANDING THE ARTISTRY OF VOICE THROUGH AN INDEPENDENT PROFESSIONAL VOCAL ENSENBLE THAT SHARES TRADITIONAL CHORAL MUSIC WITH THE WIDEST POSSIBLE AUDIENCE.

Program Service Accomplishments

Program 1

Expenses: $77,912

BRING CHORAL PERFORMANCE TO THE PEOPLE OF LOS ANGELES AND ITS SURROUNDING AREAS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $42,550

Program Service Revenue $27,770

Investment Income $0

Other Revenue $0

TOTAL REVENUE $70,320

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,994

Fundraising Expenses $0

Program Expenses $77,912

Other Expenses $73,066

TOTAL EXPENSES $79,060

Year-over-Year Comparison

	2023	2022	Change
Revenue	$70,320	N/A	N/A
Expenses	$79,060	N/A	N/A
Net Income	$-8,740	N/A	N/A

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

N/A

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
HAE KYUNG CHO	CEO	2.00	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
2023	$70,320	$79,060	$65,394	$-8,740
2021	$29,600	$39,066	$53,938	$-9,466
2020	$11,090	$17,548	$63,404	$-6,458
2019	$77,100	$74,946	$62,683	$2,154
2018	$53,960	$53,304	$10,529	$656
2018	$103,960	$53,304	$60,529	$50,656