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Education : Scholarship and Financial Support

APIA Scholars

Educate. Elevate. Empower

three stars

84.09

1850 M Street NW Suite 245
Washington, DC 20036
tel: (877) 808-7032   Web Site
EIN: 57-1192973

Board Leadership
Aimée Meher-Homji
Board Chair

CEO
Noël Suzanne Harmon
President & Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 84.09 three stars
  Financial 77.50 two stars
  Accountability & Transparency 100.00 four stars
This rating was published 06/01/2021 and includes data from FY2019, the most recent 990 received at that time.

Based in Washington, D.C., the Asian & Pacific Islander American Scholars (APIA Scholars) is the nation's largest non-profit organization devoted to providing college scholarships for Asian Americans and Pacific Islanders (AAPI). Our mission is to make a difference in the lives of Asian and Pacific Islander American (APIA) students by providing them with resources that increase their access to higher education which serves as the foundation for their future success. We carry out our mission by providing scholarships to APIA students; forging partnerships among corporations, foundations, community organizations and individuals to provide adequate resources to APIA communities; providing mentorship and programs to facilitate students' academic success, leadership, and professional and personal growth so they can transition from classroom to the workforce. Since 2003, APIA Scholars has distributed more than $150 million in scholarships to deserving AAPI students.

Based in Washington, D.C., the Asian & Pacific Islander American Scholars (APIA Scholars) is the nation's largest non-profit organization devoted to providing college scholarships for Asian Americans and Pacific Islanders (AAPI). Our mission is to make a difference in the lives of Asian and Pacific Islander American (APIA) students by providing them with resources that increase their access to higher education which serves as the foundation for their future success. We carry out our mission by providing scholarships to APIA students; forging partnerships among corporations, foundations, community organizations and individuals to provide adequate resources to APIA communities; providing mentorship and programs to facilitate students' academic success, leadership, and professional and personal growth so they can transition from classroom to the workforce. Since 2003, APIA Scholars has distributed more than $150 million in scholarships to deserving AAPI students.

Impact & Results Score

Score
100/100
Program Name: Scholarship Program
Program Name: Scholarship Program

Note: The Impact & Results score currently has no effect on the nonprofit's Star Rating.

The Impact & Results score is a measure of how well a nonprofit delivers on its stated mission. To issue a score, Charity Navigator estimates the actual impact the nonprofit has on the lives of those it serves, and determines whether it is making good use of donor resources to achieve that impact. Learn more about our Impact & Results methodology here.

Program Activities
Asian And Pacific Islander American Scholarship Fund grants scholarships to beneficiaries.
Impact Statement
$17,000 increases income for a scholarship recipient in need by $28,000.
Assessment Benchmark
Impact & Results scores of postsecondary scholarship programs are based on income generated relative to cost. Programs receive an Impact & Results score of 100 if they increase income for a recipient by more than $1.50 for every $1 spent and a score of 75 if income increases by more than $0.85 for every $1 spent. If a nonprofit reports impact but doesn't meet the threshold for cost-effectiveness, it earns a score of 50.
Methodology
ImpactMatters analyzed publicly available data to rate the cost-effectiveness of Asian & Pacific Islander American Scholarship Fund.
Data Source
Output data collected during the program. Asian And Pacific Islander American Scholarship Fund publicly reports data on the dollar value of all scholarships it grants and the number of scholarship recipients, which we use to calculate the additional income that the nonprofit's scholarship program generates.
Method for Attributing Outcomes
We estimate the increase in income caused by a nonprofit's scholarship program in two steps. First, we compare the estimated postsecondary graduation rate of its scholars to that of comparable students who did not receive a scholarship (the “counterfactual”). Our estimates are drawn from rigorous social science studies of similar scholarship programs. The result is the number of scholars whose graduation was caused by the nonprofit. Second, we compare the earnings of graduates to non-graduates based on publicly available census data, matching on student demographic characteristics. We apply the earnings boost owing to a degree to those scholars whose graduation was caused by the nonprofit. Both steps are necessary to properly net out counterfactual successes from observed successes. Otherwise, we would be attributing changes (increase in graduation rate and increase in earnings) to the nonprofit when they would have happened anyway. Few nonprofits estimate the counterfactual themselves, so we construct our own counterfactual estimate based on research and publicly available data.
Details
Analysis conducted by ImpactMatters and published on November 22, 2019.
This impact information is current as of September 2020, when it was provided to us by ImpactMatters. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

two stars

77.50

Accountability & Transparency

four stars

100.00

This rating was published 06/01/2021 and includes data from FY2019, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
95.0%
  Administrative Expenses 3.2%
  Fundraising Expenses 1.6%
  Fundraising Efficiency < $0.01
  Working Capital Ratio (years) 0.25
  Program Expenses Growth -2.7%
  Liabilities to Assets 57.9%
All data for Financial Performance Metrics calculations was provided by APIA Scholars on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by APIA Scholars on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
APIA Scholars (DC) 84.09 three stars
Seeds of Hope Charitable Trust (CO) 98.23 four stars
Burger King McLamore Foundation (FL) 89.26 three stars
Simon Youth Foundation (IN) 86.64 three stars
Catholic Schools Foundation (MA) 94.40 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $16,218,103
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $122,818
   Related Organizations $0
   Government Grants $0
Total Contributions $16,340,921
   Program Service Revenue $0
Total Primary Revenue $16,340,921
   Other Revenue $-77,229
TOTAL REVENUE $16,263,692
   
EXPENSES  
   Program Expenses $16,212,298
   Administrative Expenses $738,679
   Fundraising Expenses $212,185
TOTAL FUNCTIONAL EXPENSES $17,163,162
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-899,470
   
Net Assets $4,763,321

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Scholarship Programs $14,661,924 90.4%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-06 06/01/2021 84.09 three stars
2019-06 05/01/2021 83.33 three stars
2018-06 03/01/2021 87.30 three stars
2018-06 02/01/2021 86.98 three stars
2018-06 09/03/2019 86.36 three stars
2017-06 09/01/2018 89.92 three stars
2016-06 03/01/2018 89.20 three stars
2015-06 02/01/2017 93.69 four stars
2015-06 11/01/2016 91.98 four stars
2014-06 06/01/2016 90.72 four stars
 
CN 2.0
2014-06 12/01/2015 95.70 four stars
2014-06 11/01/2015 94.85 four stars
2013-06 07/01/2014 94.78 four stars
2012-06 04/01/2014 90.33 four stars
2012-06 06/01/2013 87.45 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 57-1192973
Name in IRS Master File ASIAN AND PACIFIC ISLANDER AMERICAN SCHOLARSHIP FUND
NTEE Code B82
NTEE Classification Scholarships, Student Financial Aid Services, Awards
NTEE Type Educational Institutions and Related Activities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date April, 2004
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2018
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
Compensation % of Expenses Paid to Title
$144,291 0.84% Noel Harmon President & Executive Director
Other Salaries of Note
$233,437 1.36% Neil Horikoshi Former President & Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
APIA Scholars (DC) 84.09 three stars
Inner-City Scholarship Fund (NY) 87.40 three stars
Thanks USA (VA) 89.10 three stars
Woodrow Wilson National Fellowship Foundation (NJ) 88.22 three stars
Great Aspirations Scholarship Program (GRASP) (VA) 100.00 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

APIA Scholars
1850 M Street NW
Suite 245
Washington, DC 20036
tel: (877) 808-7032
fax: (202) 530-0643
EIN: 57-1192973

Visit Web Site

Board Leadership

Aimée Meher-Homji
Board Chair

CEO

Noël Suzanne Harmon
President & Executive Director

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