Asian Bar Association of Washington Scholarship Fund

Nonprofit profile at a glance

EIN
911499136
IRS 990-EZ coverage
2012–2024
Forms available
Form 990-EZ 2024
Location
Seattle, WA, USA
Phone
2064622884
Rating
47
Verdict
MIXED
Rating confidence
Moderate

Reported finances

Revenue
$74,624
Expenses
$30,204
Assets
$421,014
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

14 people listed

Executive titles in this filing

  • Jeffrey Liang (President)

People named in this filing

  • Dan Choi (Secretary)
  • Jeffrey Liang (President)
  • Serin Ngai (Secretary)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

ABAWSSF shall exist to raise and award scholarship funds to support qualified Asian Pacific American students attending accredited law schools in Washington State; to promote justice, equity and opportunity for APA law students; to increase the number of APA attorneys; to foster leadership and service in APA law students and attorneys in the profession and in our diverse communities; and, to create a lasting legacy for generations of APA law students and attorneys in Washington State.

What it reported doing in 2024

Scholarship Program - The ABAWSSF is a 501(c)(3) tax-exempt organization and provides financial assistance in the form of scholarships to students of Asian Pacific heritage currently attending law schools in the state of Washington. Applicants are required to describe their contributions to the Asian Pacific American community and their plans to contribute to the community following graduation from law school.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 100
  • Sustainability: 86
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 59.5%; rating input score 93; 93rd percentile among comparable filings
  • Total-asset coverage ratio: 13.94; rating input score 94; 94th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -13.4% per year; rating input score 0; 23rd percentile among comparable filings
  • Revenue growth: 0.6% per year; rating input score 100; 54th percentile among comparable filings
  • Asset growth: 6.8% per year; rating input score 100; 64th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 14 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules
  • Filing history: 13 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.