Leadership Education for Asian Pacifics Inc

What it reported doing in 2024

Community development institute/empowering communities: comprehensive leadership training, organizational development and capacity building programs presented through an asian and pacific island (api) cultural lens to develop the next generation of community leaders, to strengthen the effectiveness of existing community-based organizations and to establish a supportive network for mutual assistance, resource sharing and collaborative problem solving. In fiscal year 2024-2025, programs included 1) leap impact, a hybrid virtual/in-person program designed to strengthen the sustainability of nonprofit organizations. Participants included 10 senior managers and staff. Each participant gained 40 hours of leadership development training and eight hours of one-on-one executive coaching. In addition, a leap impact alumni event was delivered for three days of learning, re-energizing, and re-connecting for 24 nonprofit leaders in los angeles. 2) leap engage, a hybrid/in-person program for 7 nonprofit executive directors from across the USA. Each executive director gained 64 hours of leadership development training and 6 hours of one-on-one executive coaching. The cohort's final project, the giving tank was a pitch presentation by each participant to a panel representing an array of philanthropic donors and funders. 3)the emerge program for college students has transitioned to a fellowship model that follows the academic year, expanding the opportunity for selected students to engage more deeply in leadership development and community impact. With more time during the academic year, students will have additional opportunities for leadership practice, community engagement, and collaborative projects that continue to amplify api voices and experiences. In fiscal year 2024-2025, the emerge fellowship was in a design and planning phase. In the previous emerge programs, summer interns spent 200 hours over eight weeks engaged in leadership training and hands-on experience at community-based organizations across the united states. As part of the program, interns developed and collaborated on a group project. Donated in-kind travel of $14,185 and for facilities $2,600

Financial Efficiency

• Mission deployment rate: 78.1%; rating input score 78
• Program expense ratio: 67.1%; rating input score 67
• Fundraising efficiency: $5.62 raised per $1 spent on fundraising; rating input score 21; 21st percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Pass
  • Independent consultant: Missing
  • Other Form 990s reviewed: Pass
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 94.1%; rating input score 94; 25th percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -15.8%; rating input score 12; 12th percentile among comparable filings
• Total-asset coverage ratio: 0.85; rating input score 38; 38th percentile among comparable filings
• Liabilities to assets ratio: 0.43; rating input score 18; 18th percentile among comparable filings
• Officer compensation ratio: 23.9%; rating input score 11; 11th percentile among comparable filings

Growth

• Program expense growth: 14.2% per year; rating input score 100; 74th percentile among comparable filings
• Revenue growth: 12.1% per year; rating input score 100; 72nd percentile among comparable filings
• Asset growth: 11.9% per year; rating input score 100; 64th percentile among comparable filings