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Nonprofit · EIN 38-3288402

SAKENA FUND

Tax-exempt · DEARBORN, MI 48121

Financials

$1.5M$1.1M2023$1.8M$1.2M2024
Revenue Expenses · by fiscal year end
Financials of SAKENA FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,800,804$1,200,016$600,788$5,217,568$168,570$5,048,998
December 31, 2023990$1,474,216$1,134,832$339,384$4,832,703$384,493$4,448,210
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,684,145
Program service revenue
$0
Investment income
$116,659
Other revenue
$0

Expenses

Grants and similar amounts paid
$920,020
Other salaries and wages
$164,000
Salaries, compensation and benefits (total)
$185,336
Professional fundraising fees
$0
Legal fees
$1,060
Accounting fees
$13,000
Occupancy
$3,300
Travel
$15,178
Program services (functional)
$1,139,074
Management and general (functional)
$60,942

Balance sheet and other

Total assets, start of year
$4,832,703
Total assets, end of year
$5,217,568
Total liabilities, end of year
$168,570
Net assets, end of year
$5,048,998
Net assets without donor restrictions
$1,270,269
Net assets with donor restrictions
$3,778,729
Gross receipts
$1,800,804
Employees
3
Year formed
1996
State of legal domicile
MI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
SAKENA YACOOBIPRES AND TRE
Officer
–$127,000$1,456
DANIEL APPLEYARDDIRECTOR
Trustee or director
–$0$0
DR PARVIN BOROUMANDDIRECTOR
Trustee or director
–$0$0
JON FREEMANDIRECTOR
Trustee or director
–$0$0
DIANE WESLEYDIRECTOR
Trustee or director
–$0$0
BEHZAD BOROUMANDTREASURER
Officer
–$0$0
LIELA YACOOBISECRETARY
Officer
–$0$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
SAKENA YACOOBIPRES AND TRE
Officer
–$127,000
DANIEL APPLEYARDDIRECTOR
Trustee or director
–$0
DR PARVIN BOROUMANDDIRECTOR
Trustee or director
–$0
JON FREEMANDIRECTOR
Trustee or director
–$0
DIANE WEXLERDIRECTOR
Trustee or director
–$0
BEHZAD BOROUMANDTREASURER
Officer
–$0
LIELA YACOOBISECRETARY
Officer
–$0

Address and contacts

Address (IRS master file)
PO BOX 1058, DEARBORN, MI 48121-1058
In care of
% CAROLYN N DUNLAP
Principal officer (990 for 2024)
SAKENA YACOOBI, PO BOX 1058, DEARBORN, MI 48124
Signed the 990
SAKENA YACOOBI, PRES AND TREASUER
Phone
(313) 278-5806
Return prepared by
T & S ASSOCIATES PC

Mission

TO EXPAND EDUCATIONAL, HEALTH AND TRAINING OPPORTUNITIES FOR THOSE IN NEED THROUGHOUT THE WORLD.

990 for the year ended December 31, 2024

Program accomplishments

  • FINANCIAL GRANT AND TECHNICAL ASSISTANCE IN THE FORM OF TEACHER TRAINING, ADMINISTRATIVE TRAINING AND TECHNICAL ASSISTANCE ON PROPOSALS, REPORTS, AND FINANCIAL DATA TO THE AFGHAN INSTITUTE OF LEARNING. APPROXIMATELY 400,000 PEOPLE DIRECTLY BENEFIT FROM THIS PROGRAM ANNUALLY AND 800,000 BENEFIT INDIRECTLY.
    Expenses $1,139,074 · grants $920,020
  • SPEAKING ENGAGEMENTS REGARDING THE NEED FOR EDUCATION, HEALTH AND TRAINING OF WOMEN IN THE THIRD WORLD AND IN AFGHANISTAN AND THE IMPACT OF THE COMMUNITY-BASED APPROACH USED BY THE AFGHAN INSTITUTE OF LEARNING. APPROXIMATELY 2 MILLION PEOPLE BENEFITED FROM THIS PROGRAM IN 2024
  • AFGHAN HEALTH AND EDUCATION PROGRAM. IT PROVIDES SUPPORT FOR QUALITY HEALTH, EDUCATION AND TRAINING PROGRAMS IN AFGHANISTAN, INCLUDING SUPPORT FOR A RADIO STATION. APPROXIMATELY 2 MILLION PEOPLE BENEFITED FROM THIS PROGRAM.
  • TIBETAN PROJECT- IT PROVIDES GRANT AND TECHNICAL ASSISTANCE TO TIBETAN REFUGEES. APPROXIMATELY 1,000 PEOPLE BENEFIT FROM THIS PROGRAM.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
38-3288402
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1996
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,217,568
Income (IRS master file)
$1,800,804

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,800,804$1,200,016$5,217,568XML
990December 2023$1,474,216$1,134,832$4,832,703XML
990December 2022$1,272,924$1,228,945$4,503,789IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 38-3288402).

Questions about SAKENA FUND

What is the EIN of SAKENA FUND?
The employer identification number (EIN) of SAKENA FUND is 38-3288402.
Is SAKENA FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to SAKENA FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SAKENA FUND file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SAKENA FUND due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SAKENA FUND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SAKENA FUND?
The 990 for the year ended December 31, 2024 names SAKENA YACOOBI.
Who are the officers and directors of SAKENA FUND?
The 990 for the year ended December 31, 2024 lists 7 people; 1 received compensation from the organization, the highest $127,000 (SAKENA YACOOBI, PRES AND TRE).
How much revenue does SAKENA FUND have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,800,804, expenses of $1,200,016 and total assets of $5,217,568 at year end.

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