2025-05-09T07:43:02-05:00 2024-06-30 390859910 BAKER TILLY ADVISORY GROUP LP 790 N WATER ST SUITE 2000 MILWAUKEE WI 53202 990 2023-07-01 571192973 ASIAN AND PACIFIC ISLANDER AMERICAN SCHOLARSHIP FUND ASIA 2027150795 1850 M STREET NW 245 WASHINGTON DC 20036 NOEL HARMON PRESIDENT & EXECUTIVE DIRECTOR 2027150795 2025-05-07 1 1 SHELBY NETZ CPA P01405265 4147775500 2025-05-07 2023 2025-03-06 01:10:19Z NOEL HARMON 1850 M STREET NW 245 WASHINGTON DC 20036 17132994 0 X WWW.APIASF.ORG X 2003 DC SEE SCHEDULE O. 19 19 41 500 0 0 12809265 11203762 0 0 897603 1037359 32780 1500 13739648 12242621 7417648 5975109 0 0 3325593 4012169 0 0 879826 2610325 3211539 13353566 13198817 386082 -956196 39856314 40710620 6423476 6058401 33432838 34652219 X OUR MISSION IS TO MAKE A DIFFERENCE IN THE LIVES OF APIA SCHOLARS BY PROVIDING THEM WITH RESOURCES THAT INCREASE THEIR ACCESS TO HIGHER EDUCATION WHICH SERVES AS THE FOUNDATION FOR THEIR FUTURE SUCCESS AND CONTRIBUTIONS TO A MORE VIBRANT AMERICA. OUR VISION IS TO SEE THAT OUR APIA SCHOLARS HAVE THE FINANCES AND RESOURCES NECESSARY TO CULTIVATE THEIR ACADEMIC, PERSONAL AND PROFESSIONAL SUCCESS REGARDLESS OF THEIR ETHNICITY, NATIONAL ORIGIN OR FINANCIAL MEANS. 0 0 6816083 5885109 0 COLLEGE ACCESS: APIA SCHOLARS MANAGES APIA SCHOLARSHIPS, THE GATES MILLENNIUM SCHOLARS/ASIAN PACIFIC ISLANDER AMERICANS FUND. THROUGH THESE SCHOLARSHIP PROGRAMS, APIA SCHOLARS HAS DISTRIBUTED MORE THAN $150 MILLION IN COLLEGE SCHOLARSHIPS TO MORE THAN 8,600 DESERVING APIA SCHOLARS ACROSS THE COUNTRY AND IN THE PACIFIC ISLANDS. OUR FOCUS ON THOSE WHO ARE FROM LOW-INCOME FAMILIES AND ARE FIRST GENERATION COLLEGE STUDENTS AND OUR EMPHASIS ON MULTI-YEAR SCHOLARSHIPS REMOVES FINANCIAL BARRIERS WHILE PROMOTING DEGREE ATTAINMENT. 1942008 0 0 STUDENT SUCCESS AND CAREER DEVELOPMENT: STUDENT SUCCESS PROGRAMS FOCUS ON REDUCING FINANCIAL BARRIERS TO COLLEGE COMPLETION FOR APIA SCHOLARS, WITH A PRIMARY FOCUS ON FIRST-TIME APIA SCHOLARS RECIPIENTS. THROUGH DIFFERENT ACCESS POINTS, SCHOLARS ARE PROVIDED CONTINUOUS SUPPORT AND ENGAGEMENT WITH APIA SCHOLARS THROUGH THE FOLLOWING: BUILDING AN ENGAGED SCHOLAR COMMUNITY; PROVIDING PROACTIVE GUIDANCE TO SCHOLARS ON NAVIGATING FINANCIAL EXPERIENCES; PROVIDING INTERNSHIP AND CAREER RESOURCES TO HELP SCHOLARS ACCESS AND MAINTAIN FINANCIAL WELLNESS. EVENTS, WORKSHOPS, AND DIRECT SCHOLAR SUPPORT. 1057879 90000 0 BUILDING KNOWLEDGE: OUR RESEARCH PLACES SCHOLARS AT THE CENTER AND INFORMS POLICYMAKERS, HIGHER EDUCATION LEADERS, AND OTHER COMMUNITY STAKEHOLDERS OF OPPORTUNITY GAPS AND WAYS TO CLOSE THESE GAPS AND TO IMPROVE STUDENT SUCCESS. 9815970 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 35 0 1 41 1 0 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 AL AR CA FL GA HI IL KS KY MD MA MI MN MS NH NJ NM NY NC OR PA RI SC TN UT VA WV WI X X NOEL HARMON 2027150795 1850 M STREET NW 245 WASHINGTON DC 20036 JEFF LUONG BOARD CHAIR 10.00 X X 0 0 0 NANCY LEE VICE CHAIR 2.00 X X 0 0 0 WALLY SUPHAP SECRETARY 2.00 X X 0 0 0 AIMEE MEHER-HOMJI BOARD MEMBER 2.00 X 0 0 0 BILL MOSES NOMINATIONS CHAIR 2.00 X 0 0 0 DOUG MURTHA AUDIT CHAIR 2.00 X 0 0 0 DR ROWENA TOMANENG BOARD MEMBER 2.00 X 0 0 0 EUGENE CHASIN BOARD MEMBER 2.00 X 0 0 0 HANS YANG BOARD MEMBER 2.00 X 0 0 0 J WEILI CHENG DEVELOPMENT CHAIR 2.00 X 0 0 0 JACINTA TITIALI'I-ABBOTT BOARD MEMBER 2.00 X 0 0 0 JASON WONG FINANCE AND INVESTMENT CHAIR 2.00 X 0 0 0 JENNIFER J KANANIONAPUA PERU GARY BOARD MEMBER 2.00 X 0 0 0 LINDSAY LEE AULANIKI'IKINA AH LOO BOARD MEMBER 2.00 X 0 0 0 NIDHI MUNJAL HR AND COMPENSATION CHAIR 2.00 X 0 0 0 POONEH FRACYON BUTLER BOARD MEMBER 2.00 X 0 0 0 SCOTT LORETAN BOARD MEMBER 2.00 X 0 0 0 SEFA AINA BOARD MEMBER 2.00 X 0 0 0 WILLIAM CHO BOARD MEMBER 2.00 X 0 0 0 NOEL HARMON PRESIDENT & EXECUTIVE DIRECTOR 40.00 X 469144 0 41096 MICHELLE COHENOUR SVP AND CHIEF OF STAFF 40.00 X 196241 0 19109 MICHELLE KIM CFO 40.00 X 194489 0 16347 JULIE AJINKYA SVP CHIEF STRATEGY OFFICER (TERM 09/2023) 40.00 X 220074 0 6843 STACY LEWIS AVP OF DEVELOPMENT 40.00 X 146431 0 33525 WENDY WONG VP OF MARKETING AND COMMUNICATIONS 40.00 X 150463 0 14349 CHRISTINA LAMBERT AVP OF STUDENT SUCCESS 40.00 X 124146 0 8390 MAVISH SANDHU SENIOR DIRECTOR OF MARKETING AND COMMUNICATIONS 40.00 X 101684 0 12930 1602672 0 152589 8 0 1 0 ROBERT TERANISHI 14075 EASTRIDGE DR WHITTIER CA 90602 RESEARCH AND POLICY CONSULTANT 204083 1 11203762 325 11203762 927732 927732 5000000 4890373 109627 109627 109627 OTHER REVENUE 900099 1500 1500 1500 12242621 0 0 1038859 90000 90000 5885109 5885109 1276457 535721 546562 194174 2290507 961312 980765 348430 33988 14265 14553 5170 184030 77236 78800 27994 227187 95349 97278 34560 30118 30118 91459 91459 65000 65000 1083525 883921 48033 151571 42221 31131 6245 4845 166622 74751 84234 7637 133704 98585 19776 15343 356085 147470 155246 53369 273707 172429 67698 33580 32829 146 32683 38029 38029 34708 15000 19708 PROGRAM EVENT EXPENSES 692306 690636 1670 DUES AND SUBSCRIPTIONS 68793 30863 34777 3153 GIFTS 32000 3400 28600 EQUIP. RENTAL & MAINT. 29315 8000 21315 41118 646 40472 13198817 9815970 2503021 879826 492449 149705 16179984 2628856 1259015 4784972 52850 61357 380469 124826 410694 255643 19050141 30653903 2411181 2176184 39856314 40710620 263119 376355 3136775 3051896 215759 175000 2807823 2455150 6423476 6058401 X 25521488 26534212 7911350 8118007 33432838 34652219 39856314 40710620 -956196 2175577 0 X 0 1 X 1 0 X 15362950 39393662 13597399 12809265 11203762 92367038 15362950 39393662 13597399 12809265 11203762 92367038 10226460 82140578 30688 546 19318 897603 927732 1875887 1441 16324 32780 1500 52045 94294970 0.87110 0.90950 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 1,441. 2020 AMOUNT: $ 16,324. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 32,780. 2023 AMOUNT: $ 1,500. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 197858 63101 134757 182611 61725 120886 255643 RIGHT-OF-USE ASSET 2136989 DEPOSIT 39195 2176184 OPERATING LEASE LIABILITY 2455150 2455150 14393523 2175577 40325 2215902 12177621 65000 65000 12242621 13174142 40325 40325 13133817 65000 65000 13198817 1 AMERICAN SAMOA COMMUNITY COLLEGE 2609 MAPUSAGA ROAD PAGO PAGO AS 96799 15000 0 CONDUCT ACTION-RESEARCH PROJECTS FOCUSING ON LEVERAGING DISAGGREGATED DATA TO SUPPORT THE COMPLETION RATES OF SCHOLARS. GUAM COMMUNITY COLLEGE 1 SESAME ST MANGILAO GU 96921 15000 0 CONDUCT ACTION-RESEARCH PROJECTS FOCUSING ON LEVERAGING DISAGGREGATED DATA TO SUPPORT THE COMPLETION RATES OF SCHOLARS. UNIVERSITY OF GUAM 303 UNIVERSITY DRIVE MANGILAO GU 96913 15000 0 CONDUCT ACTION-RESEARCH PROJECTS FOCUSING ON LEVERAGING DISAGGREGATED DATA TO SUPPORT THE COMPLETION RATES OF SCHOLARS. UNIVERSITY OF HAWAII FOUNDATION PO BOX 11270 HONOLULU HI 11270 990085260 501(C)(3) 15000 0 CONDUCT ACTION-RESEARCH PROJECTS FOCUSING ON LEVERAGING DISAGGREGATED DATA TO SUPPORT THE COMPLETION RATES OF SCHOLARS. UNIVERSITY OF HAWAII - WEST OAHU 2440 CAMPUS ROAD BOX 368 HONOLULU HI 96822 15000 0 CONDUCT ACTION-RESEARCH PROJECTS FOCUSING ON LEVERAGING DISAGGREGATED DATA TO SUPPORT THE COMPLETION RATES OF SCHOLARS. UNIVERSITY OF HAWAII - KAPIOLANI 2440 CAMPUS ROAD BOX 368 HONOLULU HI 96822 15000 0 CONDUCT ACTION-RESEARCH PROJECTS FOCUSING ON LEVERAGING DISAGGREGATED DATA TO SUPPORT THE COMPLETION RATES OF SCHOLARS. 1 5 SCHOLARSHIPS 984 5885109 PART 1, LINE 2 THE ORGANIZATION ISSUES FOUR TYPES OF SCHOLARSHIPS: 1) A FLAT AMOUNT OF FRESHMAN STUDENTS ONLY; 2) TWO-YEAR, FOUR-YEAR, MULTI-YEAR SCHOLARSHIPS; 3) SCHOLARSHIPS THAT MAY BE RENEWED WITH EVIDENCE OF COURSE COMPLETION WITH ACCEPTABLE GRADE POINT AVERAGE; 4) LAST DOLLAR AMOUNT MULTI-YEAR SCHOLARSHIPS ADMINISTERED THROUGH THE GATES MILLENIUM SCHOLARSHIP PROGRAM. THE ORGANIZATION HAS FULL-TIME STAFF AND A SCHOLARSHIP COMMITTEE TO REVIEW, MONITOR AND EVALUATE THE SUCCESS OF ITS SCHOLARSHIP AWARDS. X X X 1 0 0 0 0 0 0 1 0 NOEL HARMON PRESIDENT & EXECUTIVE DIRECTOR 384144 0 85000 0 0 0 5898 0 35198 0 510240 0 0 0 JULIE AJINKYA SVP CHIEF STRATEGY OFFICER (TERM 09/2023) 165074 0 0 0 55000 0 2203 0 4640 0 226917 0 0 0 MICHELLE COHENOUR SVP AND CHIEF OF STAFF 196241 0 0 0 0 0 4212 0 14897 0 215350 0 0 0 MICHELLE KIM CFO 194489 0 0 0 0 0 4200 0 12147 0 210836 0 0 0 STACY LEWIS AVP OF DEVELOPMENT 146431 0 0 0 0 0 2972 0 30553 0 179956 0 0 0 WENDY WONG VP OF MARKETING AND COMMUNICATIONS 150463 0 0 0 0 0 3060 0 11289 0 164812 0 0 0 PART I, LINE 4A DURING THE CALENDAR YEAR 2023, JULIE AJINKYA WAS PAID $55,000 IN SEVERANCE PAYMENTS AS A PART OF AN ARRANGEMENT WITH THE ORGANIZATION. PART I, LINE 7 DURING THE YEAR, SEVERAL INDIVIDUALS RECEIVED BONUS COMPENSATION THAT IS EITHER PERFORMANCE-BASED OR DISCRETIONARY IN NATURE. THE FOLLOWING INDIVIDUALS RECEIVED BONUS COMPENSATION, WHICH IS PROPERLY REPORTED ON SCHEDULE J, PART II: NOEL HARMON, MICHELLE COHENOUR, MICHELLE KIM, STACY LEWIS. FORM 990, PART I, LINE 1: OUR MISSION IS TO MAKE A DIFFERENCE IN THE LIVES OF APIA SCHOLARS BY PROVIDING THEM WITH RESOURCES THAT INCREASE THEIR ACCESS TO HIGHER EDUCATION WHICH SERVES AS THE FOUNDATION FOR THEIR FUTURE SUCCESS AND CONTRIBUTIONS TO A MORE VIBRANT AMERICA. OUR VISION IS TO SEE THAT OUR APIA SCHOLARS HAVE THE FINANCES AND RESOURCES NECESSARY TO CULTIVATE THEIR ACADEMIC, PERSONAL AND PROFESSIONAL SUCCESS REGARDLESS OF THEIR ETHNICITY, NATIONAL ORIGIN OR FINANCIAL MEANS. WE CARRY OUT OUR MISSION BY: -PROVIDING SCHOLARSHIPS TO APIA SCHOLARS; -FORGING PARTNERSHIPS AMONG CORPORATIONS, FOUNDATIONS, COMMUNITY ORGANIZATIONS AND INDIVIDUALS TO PROVIDE ADEQUATE FINANCIAL AND OTHER RESOURCES TO CARRY OUT OUR MISSION; -PROVIDING GUIDANCE, MENTORSHIP AND PROGRAMS TO FACILITATE STUDENTS' ACADEMIC SUCCESS, LEADERSHIP AND PROFESSIONAL GROWTH; -ESTABLISHING STRATEGIC ALLIANCES WITHIN EDUCATIONAL COMMUNITIES; AND -COMPLETING SCHOLAR CENTERED RESEARCH PROJECTS TO PROVIDE DATA TO SUPPORT THE COMPLETION RATE OF SCHOLARS. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS 13 FOUNDING MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A EACH FOUNDING MEMBER HAS THE RIGHT TO APPOINT ONE DIRECTOR TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY THE OUTSIDE ACCOUNTANTS. THE EXECUTIVE COMMITTEE REVIEWED DRAFTS OF THE FORM 990 AS IT WAS BEING COMPLETED. THE ORGANIZATION PROVIDED ACCESS TO THE DRAFT 990 TO MEMBERS OF ITS GOVERNING BODY BEFORE FILING THE FORM. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND EMPLOYEES ARE RESPONSIBLE FOR DISCLOSING ALL POSSIBLE AND POTENTIAL CONFLICTS OF INTEREST. SUCH DISCLOSURE IS MADE TO THE EXECUTIVE DIRECTOR. DISCLOSURE MAY BE ORAL OR IN WRITING. THE EXECUTIVE DIRECTOR EVALUATES THE SITUATION AND MAKES A DETERMINATION AS TO WHETHER A CONFLICT OR PERCEIVED CONFLICT EXISTS. WHEN PRESENTED WITH A QUESTIONABLE SITUATION, THE EXECUTIVE DIRECTOR CONSULTS THE CHAIRPERSON OF THE BOARD OF DIRECTORS. IF IT IS DETERMINED THAT AN ACTUAL OR PERCEIVED CONFLICT EXISTS, THE INTERESTED PERSON REMOVES HIM/HERSELF FROM ALL INVOLVEMENT IN THE SITUATION OR DECISION INCLUDING NOT BEING PRESENT DURING RELATED DISCUSSIONS, NOT DISCUSSING THE SITUATION OR EXPRESSING AN OPINION TO STAFF OR BOARD MEMBERS WHO WILL MAKE THE DECISION. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION'S HUMAN RESOURCES COMMITTEE DETERMINES THE COMPENSATION FOR THE PRESIDENT/EXECUTIVE DIRECTOR AFTER REVIEWING COMPARABLE COMPENSATION DATA. THE ORGANIZATION ENTERS INTO A WRITTEN EMPLOYMENT AGREEMENT WITH THE PRESIDENT/EXECUTIVE DIRECTOR. ALL DELIBERATIONS REGARDING THE PRESIDENT/EXECUTIVE DIRECTOR'S COMPENSATION, SUBSEQUENT TO HIRE, ARE CONTEMPORANEOUSLY DOCUMENTED. THE LAST COMPENSATION REVIEW TOOK PLACE IN JUNE 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.