GYEONGNAM REPRESENTATIVE OFFICE IN LOS ANGELES

EIN: 851681173

Los Angeles, CA

Total Revenue
$202,429
Total Expenses
$200,703
Total Assets
$2,095
Net Assets
$2,095
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
CA
Principal Officer
SANGTAEK KANG
Tax Period
2024-01-01 to 2024-12-31

GYEONGNAM REPRESENTATIVE OFFICE IN LOS ANGELES, founded in 2020, is a small nonprofit that reported $202K in total revenue in fiscal year 2024. Revenue decreased 9% compared to the prior year.

Mission

PROMOTE TRADES BETWEEN STATE OF GYEONGNAM AND USA BY FREE CONSULTING OF LEGAL AND BUSINESS AFFAIRS

Program Service Accomplishments

Program 1
Expenses: $200,703 Revenue: $202,429

PROMOTION OF CONSULTING AND PROVIDING FREE INFORMATION TO THE USA AND STATE OF GYEONGNAM IN SOUTH KOREA

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $200,341
Program Service Revenue $0
Investment Income $2,088
Other Revenue $0
TOTAL REVENUE $202,429

Expense Breakdown

Grants Paid $0
Salaries & Benefits $102,749
Fundraising Expenses $0
Program Expenses $200,703
Other Expenses $97,954
TOTAL EXPENSES $200,703

Year-over-Year Comparison

2024 2023 Change
Revenue $202,429 $221,543 -0.1%
Expenses $200,703 $222,198 -0.1%
Net Income $1,726 $-655 -3.6%
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

Sign In

Governance

Voting Members
2
Independent Members
N/A
Employees
4
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
SANGTAEK KANG PRESIDENT 40.00
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 $202,429 $200,703 $2,095 $1,726
2023 $221,543 $222,198 $369 $-655
2022 $211,319 $210,295 $1,024 $1,024
2021 $246,699 $246,699 No data No data
2020 $119,350 $111,112 $8,238 $8,238
Explore More Nonprofits
→Top 100 Nonprofits in California →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare GYEONGNAM REPRESENTATIVE OFFICE IN LOS ANGELES with other nonprofits in California and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.