NORTH EAST ASIAN AMERICAN RETAILERS (EIN 208989404) - 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

2007

Legal Domicile

Phone

6178519477

Tax Period

2024-01-01 to 2024-12-31

NORTH EAST ASIAN AMERICAN RETAILERS, founded in 2007, is a micro nonprofit in the Community Improvement sector that reported $41K in total revenue in fiscal year 2024. Revenue surged 89% from the prior year, signaling strong growth momentum. The organization ran a surplus of $40K, a strong 97% operating margin.

Mission

THE NORTH EAST ASIAN AMERICAN RETAILER ASSOCIATION INC IS A TRADE ASSOCIATION REPRESENTING CONVENIENT STORES AND RELATED BUSINESSES IN THE STATES OF MASSACHUSETTS, NEW HAMPSHIRE, MAIN, VERMONT, RHODE ISLAND, AND CONNECTICUT

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $40,930

Other Revenue $0

TOTAL REVENUE $40,930

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,036

TOTAL EXPENSES $1,036

Year-over-Year Comparison

	2024	2023	Change
Revenue	$40,930	$21,691	+0.9%
Expenses	$1,036	$1,009	+0.0%
Net Income	$39,894	$20,682	+0.9%

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

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
KANAIYALAL PATEL	DIRECTOR	0.00	Director	$0	$0	$0
MRUGESH CHOKSHI	DIRECTOR	0.00	Director	$0	$0	$0
CHHANABHAI PATEL	DIRECTOR	0.00	Director	$0	$0	$0
MITESH PATEL	DIRECTOR	0.00	Director	$0	$0	$0
KRISHNAKANT PATEL	DIRECTOR	0.00	Director	$0	$0	$0
BHUPENDRA PATEL	DIRECTOR	0.00	Director	$0	$0	$0
VISHNUBHAI PATEL	DIRECTOR	0.00	Director	$0	$0	$0
PARESH PATEL	DIRECTOR	0.00	Director	$0	$0	$0
KD PATEL	DIRECTOR	0.00	Director	$0	$0	$0
JITENDRA PATEL	DIRECTOR	0.00	Director	$0	$0	$0
SUMAN PATEL	DIRECTOR	0.00	Director	$0	$0	$0
RAMU PATEL	VICE PRESIDENT	1.00	Officer	$0	$0	$0
PRAVIN PATEL	TREASURER	1.00	Officer	$0	$0	$0
SANJAY PATEL	PRESIDENT	10.00	Officer	$0	$0	$0
SUNIL PATEL	SECRETARY	1.00	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
2025	No data	No data	No data	No data
2024	$40,930	$1,036	$878,612	$39,894
2023	$21,691	$1,009	$838,718	$20,682
2022	$15,023	$21,200	$818,036	$-6,177
2021	$15,934	$21,219	$824,213	$-5,285
2020	$30,023	$22,048	$829,498	$7,975
2019	$49,863	$97,461	$821,523	$-47,598
2018	$84,063	$3,051	$869,121	$81,012

NORTH EAST ASIAN AMERICAN RETAILERS