Danish American Chamber of Commerce (USA) Inc
Nonprofit profile at a glance
- EIN
- 136155324
- IRS 990-EZ coverage
- 2022–2025
- Forms available
- Form 990-EZ 2025
- Location
- New York, NY, USA
- Phone
- 6319216062
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $95,295
- Expenses
- $85,797
- Assets
- $69,485
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- ALLAN B KROGSGAARD (PRESIDENT)
People named in this filing
- SETH GOLDSAMT (CHAIRMAN)
- ALLAN B KROGSGAARD (PRESIDENT)
- CASPER ARNDT (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
1. To help promote business relations between denmark and the united states, danish exports to the united states, american exports to denmark as well as investments beetween the two countries2. To be a forum for discussion and deliberations concerning danish-american relationships in general3. To be an advisory function and consultative body available to the united states and danish governmental representations4. To undertake functions in connection with danish american business which may be beyond the scope of governmental representations5. To initiate, arrange and promote meetings open to members of the chamber and their guests featuring subjects of interest to the danish-american community6. To sponser other functions which will promote goodwill and harmony in danish-american relations
What it reported doing in 2025
Conducted meetings and events during the year where business people with interest in denmark met to further the interest of american business in denmark and danish businesses in the USA including:1. Annual meeting and networking luncheons.2. Presentations on the u.s. Economy and election.
Operating model
- Revenue model
- Earned-program. 69% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 57
- Transparency & Controls: 82
- Sustainability: 55
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 54.9%; rating input score 55
- Program expense ratio: 60.9%; rating input score 61
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 10%; rating input score 60; 60th percentile among comparable filings
- Total-asset coverage ratio: 0.81; rating input score 42; 42nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 10.5% per year; rating input score 100; 71st percentile among comparable filings
- Revenue growth: 10.5% per year; rating input score 100; 81st percentile among comparable filings
- Asset growth: 24.3% per year; rating input score 100; 87th percentile among comparable filings
Details
- Where the money goes: 54.9% of revenue deployed · 60.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $52K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 1 filed schedules
- Filing history: 4 filing years from 2022 to 2025
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Review — Financial Efficiency: Mission deployment rate scored 55/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.