Quick charity verification for Asian American Retailers Association (EIN: 202788314)
Verdict: Asian American Retailers Association appears trustworthy
85/100Mission Score
$380KRevenue
$674KAssets
1Red Flags
4Strengths
Red Flags
Lack of detailed program vs. administrative spending breakdown in provided data, making precise efficiency analysis difficult.
Strengths
Consistent 0% officer compensation, indicating volunteer leadership and high efficiency in leadership costs.
Strong and consistent asset growth over the past decade, from $187,539 in 2013 to $674,188 currently.
Very low liabilities across most filing periods, often $0, demonstrating strong fiscal responsibility.
Significant recovery in revenue post-2020, showing resilience and effective fundraising.
Spending Breakdown
How Asian American Retailers Association allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Asian American Retailers Association
Is Asian American Retailers Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Asian American Retailers Association (EIN: 202788314) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Asian American Retailers Association a good charity to donate to?
Asian American Retailers Association has a Mission Score of 85/100. Revenue: $380K. Assets: $674K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Asian American Retailers Association?
The Employer Identification Number (EIN) for Asian American Retailers Association is 202788314. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Asian American Retailers Association spend its money?
Asian American Retailers Association allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Asian American Retailers Association's tax-exempt status?
You can verify Asian American Retailers Association's tax-exempt status using EIN 202788314 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Asian American Retailers Association (AARA) demonstrates a generally stable financial trajectory, with its latest reported revenue at $379,760 and assets at $674,188. Over the past decade, the organization has shown consistent growth in assets, increasing from $187,539 in 2013 to $674,188 currently, indicating sound financial management and accumulation of resources. Revenue has fluctuated but generally trended upwards, with a notable dip in 2020 ($11,049) followed by strong recovery. The organization consistently reports 0% officer compensation, which is a significant indicator of volunteer leadership and a commitment to directing funds towards its mission rather than executive salaries. This practice enhances its transparency and financial efficiency.
While specific program spending percentages are not detailed in the provided data, the consistent reporting of 0% officer compensation suggests a high degree of financial efficiency in terms of leadership costs. The organization's liabilities have remained very low across most years, often at $0 or in the low thousands, which speaks to strong fiscal responsibility and a healthy balance sheet. The substantial growth in assets, particularly from $453,472 in 2022 to $674,188 currently, further solidifies its financial health.
Overall, AARA appears to be a financially healthy and transparent organization, particularly given its consistent growth in assets and the absence of executive compensation. The low liabilities and consistent revenue generation (with the exception of the pandemic year) point to a well-managed nonprofit. To fully assess spending efficiency, a detailed breakdown of program, administrative, and fundraising expenses would be beneficial, but the available data suggests a strong foundation.