AMERICAN ASSOCIATION OF RETIRED ASIANS (EIN 260751308) - 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

Principal Officer

TALAT KHAN

Tax Period

2023-01-01 to 2023-12-31

AMERICAN ASSOCIATION OF RETIRED ASIANS, founded in 2007, is a small nonprofit in the Human Services sector that reported $410K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $350K left a modest 15% surplus.

Mission

OUR MISSION IS TO INSPIRE, ENGAGE AND ENHANCE THE EMOTIONAL, SOCIAL AND PHYSICAL WELL BEING OF THE SENIOR COMMUNITYOF SOUTHE ASIAN ORIGIN

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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 $409,633

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $409,633

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $6,690

Program Expenses $284,424

Other Expenses $349,717

TOTAL EXPENSES $349,717

Year-over-Year Comparison

	2023	2022	Change
Revenue	$409,633	$370,367	+0.1%
Expenses	$349,717	$395,250	-0.1%
Net Income	$59,916	$-24,883	-3.4%

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

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
TALAT KHAN	PRESIDENT	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	No data	No data	No data	No data
2023	$409,633	$349,717	$93,730	$59,916
2022	$370,367	$395,250	$58,445	$-24,883
2021	$318,647	$323,990	$83,328	$-5,343
2020	$260,443	$265,465	$85,572	$-5,022

AMERICAN ASSOCIATION OF RETIRED ASIANS