ASIAN AMERICAN HOTEL OWNERS ASSOCIATION INC (EIN 581906959) - 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

1990

Legal Domicile

Principal Officer

LAURA LEE BLAKE

Phone

4048165759

Tax Period

2024-01-01 to 2024-12-31

ASIAN AMERICAN HOTEL OWNERS ASSOCIATION INC, founded in 1990, is a mid-sized nonprofit that reported $17.3M in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $15.9M left a modest 8% surplus.

Mission

AAHOA'S MISSION IS TO ADVANCE AND PROTECT THE BUSINESS INTERESTS OF HOTEL OWNERS THROUGH ADVOCACY,

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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 $12,969,041

Investment Income $679,821

Other Revenue $3,658,563

TOTAL REVENUE $17,307,425

Expense Breakdown

Grants Paid $372,167

Salaries & Benefits $4,246,269

Fundraising Expenses $0

Other Expenses $11,286,664

TOTAL EXPENSES $15,905,100

Year-over-Year Comparison

	2024	2023	Change
Revenue	$17,307,425	$18,779,102	-0.1%
Expenses	$15,905,100	$18,395,284	-0.1%
Net Income	$1,402,325	$383,818	+2.7%

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

Volunteers

480

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

$527,609

Total Directors

$527,609

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIRAJ S PATEL MBA CHO CHIA	CHAIR	2.00	Officer Director	$0	$0	$0
KAMALESH KP PATEL	VICE CHAIR	2.00	Officer Director	$0	$0	$0
RAHUL PATEL	TREASURER	2.00	Officer Director	$0	$0	$0
PINAL PATEL	SECRETARY	2.00	Officer Director	$0	$0	$0
BHARAT PATEL CHIA	IMMEDIATE PAST CHAIR	2.00	Officer Director	$0	$0	$0
SANJAY M PATEL	ALABAMA REGIONAL DIRECTOR	1.00	Director	$0	$0	$0
CHINTU DANNY MAGAN	ARKANSAS REGIONAL DIRECTOR	1.00	Director	$0	$0	$0
VIRAL PATEL	CENTRAL MIDWEST REGIONAL D	1.00	Director	$0	$0	$0
CHETAN CHRIS PATEL	FLORIDA REGIONAL DIRECTOR	1.00	Director	$0	$0	$0
JAYESH PATEL	NORTH FLORIDA REGIONAL DIRECTOR	1.00	Director	$0	$0	$0
VIK ZAVER	GEORGIA REGIONAL DIRECTOR	1.00	Director	$0	$0	$0
VIMAL PATEL	GULF REGIONAL DIRECTOR	1.00	Director	$0	$0	$0
NARESH D BHAKTA	GLAA REGIONAL DIRECTOR	1.00	Director	$0	$0	$0
MAHENDRA MZ PATEL	MID ATLANTIC REGIONAL DIRE	1.00	Director	$0	$0	$0
AJAY PATEL	MID-SOUTH REGIONAL DIRECTO	1.00	Director	$0	$0	$0
PINKESH PATEL	NORTH CAROLINA REGIONAL DI	1.00	Director	$0	$0	$0
BHAVESH PATEL	NORTH CENTRAL REGIONAL DIR	1.00	Director	$0	$0	$0
ANKIT PANCHAL	NORTH PACIFIC REGIONAL DIR	1.00	Director	$0	$0	$0
DHIREN MASTERS	NORTH TEXAS REGIONAL DIREC	1.00	Director	$0	$0	$0
PREYAS PATEL	NORTHEAST REGIONAL DIRECTO	1.00	Director	$0	$0	$0
TARAN PATEL	NORTHWEST REGIONAL DIRECTO	1.00	Director	$0	$0	$0
VIKASH K PATEL	SOUTH CENTRAL TEXAS REGION	1.00	Director	$0	$0	$0
FENIL DESAI	SOUTH CAROLINA REGIONAL DI	1.00	Director	$0	$0	$0
NILESH BHAKTA	SOUTH PACIFIC REGIONAL DIR	1.00	Director	$0	$0	$0
BHAVIK PATEL	SOUTHEAST TEXAS REGIONAL D	1.00	Director	$0	$0	$0
DHARMESH AHIR	SOUTHWEST REGIONAL DIRECTO	1.00	Director	$0	$0	$0
KALPESH JOSHI	UPPER MIDWEST REGIONAL DIR	1.00	Director	$0	$0	$0
DEEPAK PATEL	WASHINGTON D.C AREA REGION	1.00	Director	$0	$0	$0
TANMAY PATEL	YP DIRECTOR WESTERN DIVISI	1.00	Director	$0	$0	$0
DYLAN PATEL	YP DIRECTOR EASTERN DIVISI	1.00	Director	$0	$0	$0
PURNIMA PATEL	FEMALE DIRECTOR EASTERN DI	1.00	Director	$0	$0	$0
SHETAL ZINA PATEL	FEMALE DIRECTOR WESTERN DI	1.00	Director	$0	$0	$0
AMIR AHMED	INDUSTRY PARTNER	1.00	Director	$0	$0	$0
KEVIN SLOAN	INDUSTRY PARTNER	1.00	Director	$0	$0	$0
ABRAHAM TIEH	INDUSTRY PARTNER	1.00	Director	$0	$0	$0
NILESH PATEL	DAL EASTERN DIVISION	1.00	Director	$0	$0	$0
NALIN NEIL PATEL	DAL WESTERN DIVISION	1.00	Director	$0	$0	$0
LAURA LEE BLAKE	PRESIDENT AND CEO	40.00	Officer Director	$485,337	$42,272	$527,609
HEATHER CARNES	EVP COMMUNICATIONS	40.00	Highest	$263,404	$34,743	$298,147
GEETIKA TANGRA	VP MEMBERSHIP	40.00	Highest	$191,663	$29,942	$221,605
ALYSON COREY	VP CONFERENCES	40.00	Highest	$166,070	$8,265	$174,335
FREDERICK THOMPSON	SR FINANCE DIRECTOR - STRA	40.00	Highest	$155,241	$9,664	$164,905
DENNIS J SMITH	EVP BUSINESS DEVELOPMENT	40.00	Highest	$249,910	$27,625	$277,535

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	$17,307,425	$15,905,100	$19,711,735	$1,402,325
2023	$18,779,102	$18,395,284	$20,082,242	$383,818
2022	$15,676,938	$15,333,891	$21,895,939	$343,047
2021	$14,292,123	$14,321,035	$22,232,306	$-28,912
2020	$8,128,304	$8,038,575	$23,213,459	$89,729
2019	$14,880,025	$15,169,968	$22,929,784	$-289,943
2018	$13,567,593	$12,732,821	$22,373,256	$834,772

ASIAN AMERICAN HOTEL OWNERS ASSOCIATION INC