SOUTH ASIAN BAR ASSOCIATION OF NEW JERSEY (EIN 201878260) - Form 990 Financial Analysis & Trantor Score

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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

2004

Tax Period

2023-01-01 to 2023-12-31

SOUTH ASIAN BAR ASSOCIATION OF NEW JERSEY, founded in 2004, is a small nonprofit that reported $334K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $70K, a strong 21% operating margin.

Mission

The South Asian Bar Association of New Jersey (SABA-NJ) is a voluntary association of attorneys and professionals in the New Jersey area. SABA-NJ is dedicated to the needs, concerns, and interests of the South Asian community in New Jersey.The organization's objectives are to provide a networking forum for all South Asian attorneys and law students in the New Jersey area, and to educate and disseminate information to the South Asian community in New Jersey about legal access and relevant legal issues.

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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 $333,186

Investment Income $406

Other Revenue $0

TOTAL REVENUE $333,592

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $237,025

Other Expenses $263,456

TOTAL EXPENSES $263,456

Year-over-Year Comparison

	2023	2022	Change
Revenue	$333,592	$293,683	+0.1%
Expenses	$263,456	$159,706	+0.6%
Net Income	$70,136	$133,977	-0.5%

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

Independent Members

Employees

N/A

Volunteers

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
Prema L Roddam	President-Elect	10.00	Officer	$0	$0	$0
Rachna B Malkana	Imdt Past Pres	10.00	Officer	$0	$0	$0
Rippi K Karda	President	10.00	Officer	$0	$0	$0
Gigio K Ninan	Vice President	10.00	Officer	$0	$0	$0
Akum K Singh	Treasurer	10.00	Officer	$0	$0	$0
Ravipal Singh	Co-Secretary	10.00	Officer	$0	$0	$0
Amrit P Singh	Co-Secretary	10.00	Officer	$0	$0	$0
Sara Khan	Director of Spo	10.00	Officer	$0	$0	$0
Sunita Patel	Public Relation	10.00	Officer	$0	$0	$0
Basma Qazi	Law Student Lia	10.00	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
2023	$333,592	$263,456	$335,549	$70,136

SOUTH ASIAN BAR ASSOCIATION OF NEW JERSEY