LOS ANGELES CHAMBER CHOIR INC

EIN: 453936976 501(c)(3) Arts, Culture & Humanities

EL MONTE, CA

Total Revenue
$70,320
Total Expenses
$79,060
Total Assets
$65,394
Net Assets
$65,394
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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
2005
Legal Domicile
CA
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.

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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%)

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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
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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

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Governance

Voting Members
1
Independent Members
N/A
Employees
2
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
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
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