SOUTH ASIAN BAR ASSOCIATION OF NORTH AMERICA INC (EIN 820561264) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

KEERTHI SUGUMARAN

Phone

9496774180

Tax Period

2023-01-01 to 2023-12-31

SOUTH ASIAN BAR ASSOCIATION OF NORTH AMERICA INC, founded in 2002, is a community nonprofit in the Community Improvement sector that reported $1.2M in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum.

Mission

TO SUPPORT, GUIDE MENTOR, AND FOSTER THE SOUTH ASIAN BAR ASSOCIATIONS IN THE USA AND CANADA; TO SERVE AS A RESOURCE FOR SUCH BAR ASSOCIATIONS; AND TO PROVIDE LOCAL BAR ASSOCIAITONS WITH A PLATFORM TO COMMUNICATE AND SHARE THEIR BEST PRACTICES WITH OTHER BAR ASSOCIATION CHAPTERS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $21,480

Program Service Revenue $1,195,808

Investment Income $48

Other Revenue $2,960

TOTAL REVENUE $1,220,296

Expense Breakdown

Grants Paid $199,552

Salaries & Benefits $154,446

Fundraising Expenses $0

Program Expenses $944,968

Other Expenses $840,564

TOTAL EXPENSES $1,194,562

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,220,296	$986,960	+0.2%
Expenses	$1,194,562	$786,126	+0.5%
Net Income	$25,734	$200,834	-0.9%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$154,446

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MONA SHAH	EXECUTIVE DIRECTOR	40	Officer	$154,446	$0	$154,446
CHARAN BRAHMA	PRESIDENT	15	Officer Director	$0	$0	$0
KEERTHI SUGURMARAN	PRESIDENT-ELECT	15	Officer Director	$0	$0	$0
RAHUL RANADIVE	TREASURER	10	Officer Director	$0	$0	$0
VANI VEDAM	SECRETARY	5	Officer Director	$0	$0	$0
AARON BAINS	VP ANNUAL CONFERENCE	5	Officer Director	$0	$0	$0
ASKER A SAED	VP SPONSORSHIP	5	Officer Director	$0	$0	$0
KRITHIKA RAJKUMAR	VP PUBLIC RELATIONS	5	Officer Director	$0	$0	$0
RASHMI CHANDRA	VP MEMBERSHIP	5	Officer Director	$0	$0	$0
AJ DHALIWAL	VP AFFILIATE RELATIONSHIPS	5	Officer Director	$0	$0	$0
NISHI KOTHARI	VP ADVOCACY	5	Officer Director	$0	$0	$0
LALITHA ALLADI	VP PROGRAMMING	5	Officer Director	$0	$0	$0
MADIHA MERCHANT	VP YOUNG LAWYERS DIVISION	5	Officer Director	$0	$0	$0
GOPI K PANCHAPAKESAN	VP PROFESSIONAL DEVELOPMENT	5	Officer Director	$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	$1,220,296	$1,194,562	$826,651	$25,734
2022	$986,960	$786,126	$631,502	$200,834
2021	$294,216	$254,881	$275,369	$39,335
2020	$167,050	$274,198	$236,115	$-107,148
2019	$627,074	$487,771	$343,507	$139,303
2018	$657,067	$975,961	$204,204	$-318,894

SOUTH ASIAN BAR ASSOCIATION OF NORTH AMERICA INC