ASIAN AMERICAN RETAILERS ASSOCIATION OF MARYLAND (EIN 454078740) - 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

2011

Principal Officer

BRIJESH SHAH

Phone

4438647521

Tax Period

2024-01-01 to 2024-12-31

ASIAN AMERICAN RETAILERS ASSOCIATION OF MARYLAND, founded in 2011, is a micro nonprofit in the Community Improvement sector that reported $81K in total revenue in fiscal year 2024. Revenue surged 319% from the prior year, signaling strong growth momentum. The organization ran a surplus of $30K, a strong 37% operating margin.

Mission

SAFEGUARD BUSINESS INTEREST

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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 $15,453

Program Service Revenue $48,248

Investment Income $4,784

Other Revenue $12,196

TOTAL REVENUE $80,681

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $51,094

Other Expenses $51,094

TOTAL EXPENSES $51,094

Year-over-Year Comparison

	2024	2023	Change
Revenue	$80,681	$19,267	+3.2%
Expenses	$51,094	$6,013	+7.5%
Net Income	$29,587	$13,254	+1.2%

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
ASHISH PARIKH	PRESIDENT &	N/A	Officer	$0	$0	$0
BIMAL KATWALA	BOARD OF DIR	N/A	Officer	$0	$0	$0
HARDIK MEHTA	VICE PRESIDE	N/A	Officer	$0	$0	$0
BRIJESH SHAH	TREASURER	N/A	Officer	$0	$0	$0
DOULAT KAPOOR	VICE CHAIRMA	N/A	Officer	$0	$0	$0
DINESH PATEL	PRESIDENT	N/A	Officer	$0	$0	$0
MANISH DESAI	JT. VICE SEC	N/A	Officer	$0	$0	$0
DIXIT KANANI	SECRETARY	N/A	Officer	$0	$0	$0
RAKESH PATEL	JT. SECRETAR	N/A	Officer	$0	$0	$0
SHREENATH DESAI	JT. TREASURE	N/A	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	$80,681	$51,094	$228,506	$29,587
2023	$19,267	$6,013	$198,919	$13,254
2022	$74,585	$46,906	$185,665	$27,679
2021	$934	$26,100	$158,125	$-25,166
2020	$39,653	$28,841	$183,292	$10,812
2019	$11,243	$16,897	$172,403	$-5,654

ASIAN AMERICAN RETAILERS ASSOCIATION OF MARYLAND