DAEGU CHAMBER OF COMMERCE AND INDUSTRY

EIN: 994776497 Community Improvement

LOS ANGELES, CA

Total Revenue
$268,830
Total Expenses
$268,830
Total Assets
N/A
Net Assets
N/A
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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
2024
Legal Domicile
CA
Principal Officer
JEONGHYE SEO
Phone
3236396349
Tax Period
2025-01-01 to 2025-12-31

DAEGU CHAMBER OF COMMERCE AND INDUSTRY, founded in 2024, is a small nonprofit in the Community Improvement sector that reported $269K in total revenue in fiscal year 2025. Revenue surged 431% from the prior year, signaling strong growth momentum.

Mission

OUR ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO PROVIDE EXPANSION OPPORTUNITIES TO BUSINESSES IN SOUTH KOREA. WE ASSIST SUCH BUSINESSES WITH VARIOUS ACTIVITIES TO ENTER AND SETTLE SMOOTHLY IN THE US MARKET. BY DELIVERING THESE SERVICES AT NO COST TO THEM, WE FURTHER OUR ACTIVITIES AS DEFINED UNDER SECTION 501(C)(6).

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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 (2025)

Revenue Breakdown

Contributions & Grants $268,830
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $268,830

Expense Breakdown

Grants Paid $0
Salaries & Benefits $55,793
Fundraising Expenses $0
Other Expenses $213,037
TOTAL EXPENSES $268,830

Year-over-Year Comparison

2025 2024 Change
Revenue $268,830 $50,588 +4.3%
Expenses $268,830 $50,588 +4.3%
Net Income $0 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
10
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
JEONGHYE SEO CEO N/A
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
2025 $268,830 $268,830 No data No data
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