The Napaba Law Foundation
- Assets
- $1.6m
- Revenue
- $448.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 08/1995
- Data as of
- 12/2021
- EIN
- 36-4014003
Organization Overview
The Napaba Law Foundation is located in Washington, DC. The organization was established in 1995. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Napaba Law Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Napaba Law Foundation generated $448.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.9% each year . All expenses for the organization totaled $307.3k during the year ending 12/2021. While expenses have increased by 6.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
IN ALIGNMENT WITH THE ORGANIZATION'S MISSION, THE ORGANIZATION PARTAKES IN VARIOUS ACTIVITIES TO PROMOTE THE EDUCATIONAL AND CHARITABLE EFFORTS OF ASIAN PACIFIC AMERICAN BAR ASSOCIATIONS AND INDIVIDUAL ATTORNEYS ACROSS THE NATION, INCLUDING AWARDING VARIOUS SCHOLARSHIPS AND PUBLIC INTERNSHIPS AIMED AT SERVING THE ASIAN PACIFIC AMERICAN COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS ARE AWARDED TO ASIAN PACIFIC AMERICAN LAW STUDENTS SELECTED IN A NATIONWIDE COMPETITION.
NAPABA COMMUNITY LAW FELLOWSHIP GRANTS ARE AWARDED TO RECIPIENTS TO PROVIDE DIRECT LEGAL SERVICES TO THE ASIAN PACIFIC AMERICAN COMMUNITY.
VARIOUS OTHER - IN ALIGNMENT WITH THE ORGANIZATION'S MISSION, THE ORGANIZATION PARTAKES IN VARIOUS ACTIVITIES TO PROMOTE THE EDUCATIONAL AND CHARITABLE EFFORTS OF ASIAN PACIFIC AMERICAN BAR ASSOCIATIONS AND INDIVIDUAL ATTORNEYS ACROSS THE NATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzan Chau Secretary | OfficerTrustee | 3 | $0 |
John Kim President | OfficerTrustee | 3 | $0 |
Nimesh Patel Vice Preside | OfficerTrustee | 3 | $0 |
Tacie Yoon Treasurer | OfficerTrustee | 3 | $0 |
Duane Okamoto Vice Preside | OfficerTrustee | 3 | $0 |
Christopher Chan Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $355,859 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $355,859 |
| Total Program Service Revenue | $6,600 |
| Investment income | $27,875 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $22,131 |
| Net Income from Fundraising Events | $35,764 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $448,407 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $55,000 |
| Grants and other assistance to domestic individuals. | $86,750 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,455 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,487 |
| Fees for services: Other | $26,000 |
| Advertising and promotion | $0 |
| Office expenses | $13,914 |
| Information technology | $11,767 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,374 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $2,000 |
| Total functional expenses | $307,334 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $521,750 |
| Savings and temporary cash investments | $52,729 |
| Pledges and grants receivable | $135,456 |
| Accounts receivable, net | $38,215 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $879,532 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,627,682 |
| Accounts payable and accrued expenses | $6,780 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,780 |
| Net assets without donor restrictions | $660,188 |
| Net assets with donor restrictions | $960,714 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,627,682 |
Grants Awarded
Over the last fiscal year, The Napaba Law Foundation has awarded $106,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: LEGAL SVC TO ASIAN PACIFICS | $55,000 |
Washington, DC PURPOSE: LEGAL SVC TO ASIAN PACIFICS | $45,000 |
Jamaica, NY PURPOSE: LEGAL SVC TO ASIAN PACIFICS | $6,000 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that The Napaba Law Foundation has recieved totaling $225,698.
| Awarding Organization | Amount |
|---|---|
Greater Houston Community Foundation Houston, TX PURPOSE: EDUCATIONAL | $78,939 |
National Asian Pacific American Bar Association Washington, DC PURPOSE: TO SUPPORT THE NLF PARTNERS AND IN-HOUSE COUNSEL COMMUNITY LAW FELLOWSHIP | $50,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $48,939 |
American Arbitration Association- International Centre For Dispute New York, NY PURPOSE: THE NAPABA LAW FOUNDATION SEEKS TO RESPOND TO THE NEXT POTENTIAL WAVE OF ANTI-ASIAN HATE CRIMES, INCIDENTS, AND DISCRIMINATION, WHICH, WITH THE RETURN TO IN-PERSON LEARNING, MAY LIKELY OCCUR IN THE SCHOOL SETTING. BOTH THE U.S. DEPARTMENT OF EDUCATION/OFFICE OF CIVIL RIGHTS AND THE U.S. DEPARTMENT OF JUSTICE/CIVIL RIGHTS DIVISION RECOGNIZED COVID-RELATED BULLYING AGAINST APAS HAS INCREASED SINCE THE BEGINNING OF THE PANDEMIC. | $25,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $12,657 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Thurgood Marshall College Fund Inc Washington, DC | $121,810,471 | $98,266,975 |
Breakthrough Prize Foundation Washington, DC | $10,581,357 | $48,295,695 |
Virginia Student Aid Foundation Charlottesville, VA | $165,530,915 | $45,876,846 |
Foundation For Advanced Education In The Sciences Inc Bethesda, MD | $54,757,501 | $41,367,941 |
Horatio Alger Association Of Distinguished Americans Inc Alexandria, VA | $58,355,936 | $27,092,429 |
Somerset Community Services Inc Marion Station, MD | $23,511,474 | $20,221,070 |
American Association Of University Women Inc Washington, DC | $138,843,361 | $18,528,803 |
James Madison University Foundation Inc Harrisonburg, VA | $191,139,680 | $18,508,438 |
Indian Paintbrush Foundation Washington, DC | $2,617,521,485 | $1,521,981,843 |
Marine Corps Scholarship Foundation Inc Alexandria, VA | $149,128,193 | $34,285,716 |
Children Of Fallen Patriots Foundation Reston, VA | $18,264,760 | $13,060,746 |
District Of Columbia College Access Program Washington, DC | $105,959,870 | $18,161,486 |