BUSAN TRADE OFFICE LA INC

EIN: 461721900 501(c)(3) Unknown

Los Angeles, CA

Total Revenue
$321,479
Total Expenses
$281,278
Total Assets
$80,030
Net Assets
$80,030
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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
2013
Legal Domicile
CA
Principal Officer
EUNYOUNG JU
Tax Period
2024-01-01 to 2024-12-31

BUSAN TRADE OFFICE LA INC, founded in 2013, is a small nonprofit in the Unknown sector that reported $321K in total revenue in fiscal year 2024. Expenses of $281K left a modest 13% surplus.

Mission

PROMOTE TRADES BETWEEN CITY OF BUSAN AND USA BY FREE CONSULTING LEGAL AND BUSINESS AFFAIRS

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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 (2024)

Revenue Breakdown

Contributions & Grants $321,479
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $321,479

Expense Breakdown

Grants Paid $0
Salaries & Benefits $104,520
Fundraising Expenses $0
Program Expenses $281,278
Other Expenses $176,758
TOTAL EXPENSES $281,278

Year-over-Year Comparison

2024 2023 Change
Revenue $321,479 $309,689 +0.0%
Expenses $281,278 $309,668 -0.1%
Net Income $40,201 $21 +1913.3%
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
2
Independent Members
2
Employees
3
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
EUNYOUNG JU CEO 30.00
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
2024 $321,479 $281,278 $80,030 $40,201
2023 $309,689 $309,668 $89,689 $21
2022 $291,548 $291,548 $74,711 No data
2021 $253,371 $253,371 $39,808 No data
2020 $241,106 $241,106 $41,091 No data
2019 $345,000 $343,754 $51,893 $1,246
2018 $361,185 $355,468 $50,647 $5,717
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