2026-05-15T16:39:20-05:00 2025-06-30 390859910 BAKER TILLY ADVISORY GROUP LP 790 N WATER ST SUITE 2000 MILWAUKEE WI 53202 990 2024-07-01 571192973 ASIAN AND PACIFIC ISLANDER AMERICAN SCHOLARSHIP FUND ASIA 2027150795 1850 M STREET NW 245 WASHINGTON DC 20036 NOEL HARMON PRESIDENT & EXECUTIVE DIRECTOR 2027150795 2026-05-15 1 1 SHELBY NETZ P01405265 4147775500 2026-05-06 2024 2025-03-06 01:10:19Z NOEL HARMON 1850 M STREET NW 245 WASHINGTON DC 20036 14380676 0 X WWW.APIASCHOLARS.ORG X 2003 DC SEE SCHEDULE O. 19 19 37 440 0 0 11203762 9574828 0 0 1037359 1494443 1500 48875 12242621 11118146 5975109 6092456 0 0 4012169 4419150 0 0 1227826 3211539 2524181 13198817 13035787 -956196 -1917641 40710620 41615294 6058401 6569346 34652219 35045948 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 7665358 6092456 COLLEGE ACCESS: APIA SCHOLARS MANAGES THE APIA SCHOLARSHIP AND GATES MILLENNIUM SCHOLARSHIPS. THROUGH THESE SCHOLARSHIP PROGRAMS, APIA SCHOLARS HAS DISTRIBUTED MORE THAN $260 MILLION IN COLLEGE SCHOLARSHIPS TO MORE THAN 12,000 DESERVING SCHOLARS ACROSS THE COUNTRY AND IN THE PACIFIC ISLANDS. OUR FOCUS ON MULTIYEAR SCHOLARSHIPS REMOVES FINANCIAL BARRIERS WHILE PROMOTING DEGREE ATTAINMENT. 1418234 STUDENT COLLEGE TO CAREER SUCCESS: STUDENT SUCCESS PROGRAMS REDUCE FINANCIAL BARRIERS TO COLLEGE COMPLETION AND SUPPORT COLLEGE-TO-CAREER OUTCOMES FOR APIA SCHOLARS. PROGRAMS PROVIDE FOCUSED SUPPORT THROUGH COMMUNITY ENGAGEMENT, GUIDANCE ON MANAGING FINANCIAL CHALLENGES, AND INTERNSHIP AND CAREER DEVELOPMENT PROGRAMMING TO PROMOTE POST-COLLEGE SUCCESS. SERVICES ARE DELIVERED THROUGH STRUCTURED PROGRAMS, WORKSHOPS, EVENTS, AND DIRECT SCHOLAR SUPPORT. 672719 RESEARCH AND PARTNERSHIPS: RESEARCH AND PARTNERSHIPS ADVANCE SCHOLAR PERSISTENCE AND COMPLETION THROUGH DATA-DRIVEN RESEARCH AND CROSS-SECTOR PARTNERSHIPS THAT ANALYZE OUTCOMES AND INFORM RECOMMENDATIONS AND PROGRAM IMPROVEMENT. 9756311 1 1 0 0 0 0 0 0 0 0 1 0 0 0 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 51 0 1 37 1 0 0 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 1 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 DOUG MURTHA AUDIT CHAIR 2.00 X 0 0 0 DR ROWENA TOMANENG 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 KANANIONPUA PERU GA 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 WILLIAM F L BILL MOSES BOARD MEMBER 2.00 X 0 0 0 FELICIA TURRENTINE WASSON BOARD MEMBER 2.00 X 0 0 0 NOEL HARMON PRESIDENT & EXECUTIVE DIRECTOR 40.00 X 509837 0 42012 MICHELLE COHENOUR COO 40.00 X 301460 0 24979 MICHELLE KIM CFO 40.00 X 303750 0 16456 AMY RONNKVIST VP OF SCHOLARSHIP (TO 11/2024) 40.00 X 190134 0 3814 CHRISTINA LAMBERT AVP OF STUDENT SUCCESS 40.00 X 138264 0 7241 STACY LEWIS AVP OF DEVELOPMENT 40.00 X 200956 0 47248 WENDY WONG VP OF MARKETING AND COMMUNICATIONS 40.00 X 155677 0 16470 KIMBERLY GUSTAFSON SENIOR DIR OF SCHOLARSHIP OPERATIONS 40.00 X 130432 0 30733 1930510 0 188953 12 0 1 0 ROBERT TERANISHI 14075 EASTRIDGE DR WHITTIER CA 90602 RESEARCH AND PARTNERSHIPS 210839 1 9574828 9574828 849006 849006 3907967 3262530 645437 645437 645437 OTHER REVENUE 900099 48875 48875 48875 11118146 0 0 1543318 120000 120000 5972456 5972456 1248004 597041 371120 279843 2588659 1238405 769791 580463 57816 27659 17193 12964 289370 138434 86050 64886 235301 112567 69972 52762 36211 36211 36918 36918 65975 65975 954923 729107 153332 72484 97849 70318 21528 6003 117729 55327 53454 8948 136303 97953 29988 8362 339308 139311 133951 66046 270635 145972 82836 41827 12230 5 12225 59943 27508 19394 13041 37813 14771 16045 6997 PROGRAM EVENT EXPENSES 193930 192730 1200 DUES AND SUBSCRIPTIONS 65972 31509 29509 4954 PAYROLL FEES 33494 33494 GIFTS 28551 28551 36397 16687 11464 8246 13035787 9756311 2051650 1227826 149705 107676 2628856 3920118 4784972 4710658 61357 281184 382169 178581 255643 203588 30653903 30493789 2176184 1898281 40710620 41615294 376355 403695 3051896 3692065 175000 315000 2455150 2158586 6058401 6569346 X 26534212 26762431 8118007 8283517 34652219 35045948 40710620 41615294 -1917641 2311370 0 X 0 1 X 1 0 X 39393662 13597399 12809265 11203762 9574828 86578916 39393662 13597399 12809265 11203762 9574828 86578916 12353760 74225156 546 19318 897603 927732 849006 2694205 16324 32780 1500 48875 99479 89372600 0.83050 0.87110 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 16,324. 2022 AMOUNT: $ 32,780. 2023 AMOUNT: $ 1,500. 2024 AMOUNT: $ 48,875. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 197858 82885 114973 127699 79969 47730 56612 15727 40885 203588 OPERATING LEASE LIABILITY 2158586 2158586 13568656 2311370 205115 2516485 11052171 65975 65975 11118146 13174927 205115 205115 12969812 65975 65975 13035787 1 AMERICAN SAMOA COMMUNITY COLLEGE 2609 MAPUSAGA ROAD PAGO PAGO AS 96799 20000 0 CONDUCT RESEARCH PROJECTS TO BUILD INSTITUTIONAL CAPACITY TO IMPROVE STUDENT SUCCESS BY LEVERAGING DATA AND INQUIRY, PROMOTE DATA-INFORMED ADVOCACY, AND PROMOTE COLLABORATIVE BEST PRACTICES. GUAM COMMUNITY COLLEGE 1 SESAME ST MANGILAO GU 96921 20000 0 CONDUCT RESEARCH PROJECTS TO BUILD INSTITUTIONAL CAPACITY TO IMPROVE STUDENT SUCCESS BY LEVERAGING DATA AND INQUIRY, PROMOTE DATA-INFORMED ADVOCACY, AND PROMOTE COLLABORATIVE BEST PRACTICES. UNIVERSITY OF GUAM 303 UNIVERSITY DRIVE MANGILAO GU 96913 980032933 20000 0 CONDUCT RESEARCH PROJECTS TO BUILD INSTITUTIONAL CAPACITY TO IMPROVE STUDENT SUCCESS BY LEVERAGING DATA AND INQUIRY, PROMOTE DATA-INFORMED ADVOCACY, AND PROMOTE COLLABORATIVE BEST PRACTICES. UNIVERSITY OF HAWAII FOUNDATION PO BOX 11270 HONOLULU HI 11270 990085260 501(C)(3) 20000 0 CONDUCT RESEARCH PROJECTS TO BUILD INSTITUTIONAL CAPACITY TO IMPROVE STUDENT SUCCESS BY LEVERAGING DATA AND INQUIRY, PROMOTE DATA-INFORMED ADVOCACY, AND PROMOTE COLLABORATIVE BEST PRACTICES. UNIVERSITY OF HAWAII - WEST OAHU 2440 CAMPUS ROAD BOX 368 HONOLULU HI 96822 996000354 20000 0 CONDUCT RESEARCH PROJECTS TO BUILD INSTITUTIONAL CAPACITY TO IMPROVE STUDENT SUCCESS BY LEVERAGING DATA AND INQUIRY, PROMOTE DATA-INFORMED ADVOCACY, AND PROMOTE COLLABORATIVE BEST PRACTICES. UNIVERSITY OF HAWAII - KAPIOLANI 2440 CAMPUS ROAD BOX 368 HONOLULU HI 96822 996000354 20000 0 CONDUCT RESEARCH PROJECTS TO BUILD INSTITUTIONAL CAPACITY TO IMPROVE STUDENT SUCCESS BY LEVERAGING DATA AND INQUIRY, PROMOTE DATA-INFORMED ADVOCACY, AND PROMOTE COLLABORATIVE BEST PRACTICES. 2 3 SCHOLARSHIPS 937 5972456 X X X X 1 0 0 0 0 0 0 1 0 NOEL HARMON PRESIDENT & EXECUTIVE DIRECTOR 419837 0 90000 0 0 0 6900 0 35112 0 551849 0 0 0 MICHELLE COHENOUR COO 226460 0 75000 0 0 0 6081 0 18898 0 326439 0 0 0 MICHELLE KIM CFO 228750 0 75000 0 0 0 3600 0 12856 0 320206 0 0 0 STACY LEWIS AVP OF DEVELOPMENT 150956 0 50000 0 0 0 4041 0 43207 0 248204 0 0 0 AMY RONNKVIST VP OF SCHOLARSHIP (TO 11/2024) 152308 0 0 0 37826 0 3013 0 801 0 193948 0 0 0 WENDY WONG VP OF MARKETING AND COMMUNICATIONS 155677 0 0 0 0 0 3138 0 13332 0 172147 0 0 0 KIMBERLY GUSTAFSON SENIOR DIR OF SCHOLARSHIP OPERATIONS 130432 0 0 0 0 0 2632 0 28101 0 161165 0 0 0 PART I, LINE 4A DURING THE CALENDAR YEAR 2024, AMY RONNKVIST WAS PAID $37,826 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. PART 1 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 THROUGH THREE CORE PILLARS: SCHOLARSHIPS: AWARDING SCHOLARSHIPS THAT REDUCE FINANCIAL BARRIERS TO COLLEGE ACCESS AND COMPLETION, WITH A FOCUS ON STUDENTS IN NEED. COLLEGE-TO-CAREER STUDENT SUCCESS: PROVIDING GUIDANCE, PROGRAMS, AND RESOURCES THAT SUPPORT STUDENT SUCCESS FROM ENROLLMENT THROUGH INTERNSHIP PARTICIPATION AND ENTRY INTO THE WORKFORCE. RESEARCH AND PARTNERSHIPS: CONDUCTING SCHOLAR-CENTERED RESEARCH AND FORGING PARTNERSHIPS WITH CORPORATIONS, FOUNDATIONS, COMMUNITY ORGANIZATIONS, INDIVIDUALS, AND EDUCATIONAL INSTITUTIONS TO ANALYZE OUTCOMES, STRENGTHEN PROGRAMS, AND ADVANCE SCHOLAR PERSISTENCE, COMPLETION, AND LONG-TERM SUCCESS. FORM 990, PART VI, SECTION A, LINE 4 BYLAWS WERE AMENDED AS OF OCTOBER 2025 TO REFLECT FOLLOWING CHANGES: ASIAN AND PACIFIC ISLANDER AMERICAN SCHOLARSHIP FUNDS UPDATED TO APIA SCHOLARS (DBA) EXEMPT PURPOSE UPDATED BOARD TERM UPDATED TO TWO CONSECUTIVE 3-YEAR TERMS AND REQUIRED CONTRIBUTION UPDATED TO $1,500. 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 AN INDEPENDENT PUBLIC ACCOUNTING FIRM AND THOROUGHLY REVIEWED BY SENIOR MANAGEMENT. THE ORGANIZATION PROVIDED ACCESS TO THE COMPLETED FORM 990 FOR THE GOVERNING BOARD PRIOR TO FILING. 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.