DANISH SOLDIER SOCIETY OF CALIFORN… - Form 990 Financial Data

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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

1942

Legal Domicile

Principal Officer

EDVIN PETER HANSEN

Phone

3108099105

Tax Period

2023-01-01 to 2023-12-31

DANISH SOLDIER SOCIETY OF CALIFORNIA -LOS ANGELES, founded in 1942, is a micro nonprofit in the Recreation & Sports sector that reported $15K in total revenue in fiscal year 2023. Revenue fell 75% from the prior year — a significant decline worth monitoring. Expenses of $60K exceeded revenue, resulting in a 293% operating deficit.

Mission

THE ORGANIZATION EXISTS TO CULTIVATE, PROMOTE AND ENCOURAGE ART, SPORTS AND SOCIAL INTERCOUSE AMONG ITS MEMBERS, AND TO IN CULCATE TEH PRINCIPLES OF CHARITY, JUSTICE, BROTHERLY LOVE AND FIDELITY AND TO PROMOTE TEH WELFARE AND ENHANCE THE HAPPINESS OF ITS MEMBERS.

Program Service Accomplishments

Program 1

MONTHLY MEMBER MEETINGS FOR FELLOWSHIP, EDUCATION, ENTERTAINMENT AND PROMOTING GOOD DEEDS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,920

Investment Income $13,429

Other Revenue $0

TOTAL REVENUE $15,349

Expense Breakdown

Grants Paid $43,300

Salaries & Benefits $0

Fundraising Expenses $5,044

Other Expenses $16,992

TOTAL EXPENSES $60,292

Year-over-Year Comparison

	2023	2022	Change
Revenue	$15,349	$60,557	-0.7%
Expenses	$60,292	$48,682	+0.2%
Net Income	$-44,943	$11,875	-4.8%

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

N/A

Independent Members

N/A

Employees

N/A

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
EDVIN PETER HANSEN	CHAIRMAN	5.00	Director	$0	$0	$0
STEEN BRYDUM	SECRETARY	5.00	Director	$0	$0	$0
JORGEN K ANDERSEN	TREASURER	5.00	Director	$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	$15,349	$60,292	$960,510	$-44,943
2022	$60,557	$48,682	$924,320	$11,875
2021	$28,375	$44,565	$1,086,252	$-16,190
2020	$928,432	$59,778	$1,017,402	$868,654

DANISH SOLDIER SOCIETY OF CALIFORNIA -LOS ANGELES