Apacevotes

Nonprofit profile at a glance

EIN
873755469
IRS 990-EZ coverage
2022–2023
Forms available
Form 990-EZ 2023
Location
Seattle, WA, USA
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Voter Education, Registration

Reported finances

Revenue
$10
Expenses
$7,920
Assets
$147,532

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Rachtha Danh (President - Vice President)

People named in this filing

  • Rachtha Danh (President - Vice President)
  • Leslie Lum (Treasurer - Secretary)
  • Stanley Tsao (Board Member)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

APACEvotes aims to increase access to and participation in electoral and civic affairs by registering educating and protecting Asian American and Pacific Islander voters.

What it reported doing in 2023

See Schedule O

Operating model

Revenue model
Investment-supported. 100% of the money available for current operations came from recurring investment income.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 82
  • Sustainability: 35
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 6.3%; rating input score 6

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -79,100%; rating input score 0; 0th percentile among comparable filings
  • Total-asset coverage ratio: 18.63; rating input score 95; 95th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -191.1% per year; rating input score 0; 1st percentile among comparable filings
  • Revenue growth: -199.6% per year; rating input score 0; 0th percentile among comparable filings
  • Asset growth: 16.2% per year; rating input score 100; 82nd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 6.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $500 in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2022 to 2023
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Program expense ratio scored 6/100.
  • High — Sustainability: Operating margin scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.