Nonprofit · EIN 81-0854265
VERY IMPORTANT PROJECTS FUND
Also known as RAMA CHAKAKI
Tax-exempt · DOVER, DE 19901
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $388,813 | $390,708 | -$1,895 | $80,149 | $592 | $79,557 |
| December 31, 2024 | 990-EZ | $180,956 | $182,043 | -$1,087 | $84,916 | $152 | $84,764 |
| December 31, 2023 | 990 | $211,252 | $200,053 | $11,199 | $85,852 | $2,161 | $83,691 |
| December 31, 2021 | 990 | $297,198 | $285,320 | $11,878 | $123,844 | $2,161 | $121,683 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $4,494
- Program service revenue
- $384,319
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $5,225
- Program services (functional)
- $379,986
- Management and general (functional)
- $8,971
- Fundraising (functional)
- $1,751
Balance sheet and other
- Total assets, start of year
- $84,916
- Total assets, end of year
- $80,149
- Total liabilities, end of year
- $592
- Net assets, end of year
- $79,557
- Net assets without donor restrictions
- $79,557
- Gross receipts
- $388,813
- Employees
- 0
- State of legal domicile
- DE
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RAMA CHAKAKI | Executive Dir. Trustee or director | 28 | $0 |
| RASHA AJALYAQEEN | Director Trustee or director | 3 | $0 |
| MAI BARAZI | Director Trustee or director | 3 | $0 |
990-EZ for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RAMA CHAKAKI | Executive Dir. | 28 | $0 |
| RASHA AJALYAQEEN | Director | 3 | $0 |
| MAI BARAZI | Director | 3 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RAMA CHAKAKI | Executive Dir. Trustee or director | 28 | $0 |
| RASHA AJALYAQEEN | Director Trustee or director | 3 | $0 |
| MAI BARAZI | Director Trustee or director | 3 | $0 |
990 for the year ended December 31, 2021: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RAMA CHAKAKI | Executive Dir. Trustee or director | 28 | $0 |
| RASHA AJALYAQEEN | Director Trustee or director | 3 | $0 |
| MAI BARAZI | Director Trustee or director | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 8 THE GREEN STE B, DOVER, DE 19901-3618
- Principal officer (990 for 2025)
- RAMA CHAKAKI, 8 THE GREEN STE B, DOVER, DE 19901
- Signed the 990
- RAMA CHAKAKI, Executive Director
- Phone
- (650) 733-4847
- Website
- www.vip.fund
- Return prepared by
- NEXUS SQUARE LLC
Mission
YOUTH DEVELOPMENT & EDUCATIONAL SUPPORT
Program accomplishments
- EDSEEDCROWDFUNDING SOCIAL NETWORK CONNECTING STUDENTS WITH DONORS AND MENTORS WHO SUPPORT THEIR HIGHER EDUCATION AND JOURNEYExpenses $379,986
- GRANTS/DONATIONS TO EDUCATION BASED ORGANIZATIONS PROVIDING SERVICES TO REFUGEES
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 81-0854265
- 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
- 2016
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O01)
- Assets (IRS master file)
- $80,149
- Income (IRS master file)
- $388,813
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $388,813 | $390,708 | $80,149 | XML |
| 990-EZ | December 2024 | $180,956 | $182,043 | $84,916 | XML |
| 990 | December 2023 | $211,252 | $200,053 | $85,852 | XML |
| 990 | December 2022 | $219,092 | $268,283 | $74,653 | IRS |
| 990 | December 2021 | $297,198 | $285,320 | $123,844 | XML |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 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 81-0854265).
Questions about VERY IMPORTANT PROJECTS FUND
- What is the EIN of VERY IMPORTANT PROJECTS FUND?
- The employer identification number (EIN) of VERY IMPORTANT PROJECTS FUND is 81-0854265.
- Is VERY IMPORTANT PROJECTS FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
- Are donations to VERY IMPORTANT PROJECTS FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VERY IMPORTANT PROJECTS 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 VERY IMPORTANT PROJECTS FUND due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VERY IMPORTANT PROJECTS FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of VERY IMPORTANT PROJECTS FUND?
- The 990 for the year ended December 31, 2025 names RAMA CHAKAKI.
- Who are the officers and directors of VERY IMPORTANT PROJECTS FUND?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does VERY IMPORTANT PROJECTS FUND have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $388,813, expenses of $390,708 and total assets of $80,149 at year end.
Other nonprofits in DOVER
- SOCIAL AWAKENING EIN 92-0388814 · last filed 990-N for 2025
- INTERDENOMINATIONAL MINISTERIAL ALLIANCE OF DOVER & VICINITY INC EIN 52-2018343 · last filed 990 for 2025
- DELAWARE FFA FOUNDATION EIN 90-0065316 · last filed 990-EZ for 2025
- AMERICAN YOUTH CIRCUS ORGANIZATION EIN 91-2148358 · last filed 990-EZ for 2025
- MAGIC TLC INC EIN 39-2422169 · last filed 990-EZ for 2025
- EQUAL A GLOBAL HUMAN INITIATIVE INC EIN 88-4234353 · last filed 990-N for 2025
- BLACK SEED SCHOLARSHIP EIN 87-2875037 · last filed 990-N for 2024
- STUDENT VOICE CORPORATION EIN 46-2636244 · last filed 990-EZ for 2025