CHUNGNAM LOS ANGELES OFFICE

EIN: 994827043 Community Improvement

Los Angeles, CA

Total Revenue
$131,000
Total Expenses
$131,000
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
WON CHOI
Tax Period
2024-09-05 to 2024-12-31

CHUNGNAM LOS ANGELES OFFICE, founded in 2024, is a small nonprofit in the Community Improvement sector that reported $131K in total revenue in fiscal year 2024.

Mission

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

Program Service Accomplishments

Program 1
Expenses: $131,000 Revenue: $131,000

PROMOTION OF CONSULTING AND PROVIDING FREE INFORMATION TO USA AND CHUNGNAM STATE SOUTH KOREA

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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 $131,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $131,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $10,989
Fundraising Expenses $0
Program Expenses $131,000
Other Expenses $120,011
TOTAL EXPENSES $131,000

Year-over-Year Comparison

2024 2023 Change
Revenue $131,000 N/A N/A
Expenses $131,000 N/A N/A
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
2
Independent Members
2
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WON CHOI CEO 0.00
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 $131,000 $131,000 No data No data
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