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Nonprofit · EIN 88-3424647

VOLIA FUND

Tax-exempt · SPOKANE, WA 99201

Financials

$831K$831K2023$1.4M$1.3M2024
Revenue Expenses · by fiscal year end
Financials of VOLIA FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
July 31, 2025990$1,444,718$1,330,266$114,452$130,236$0$130,236
July 31, 2024990$830,545$830,817-$272$15,784$0$15,784
Financial details: 990 for the year ended July 31, 2025

Revenue

Contributions, gifts and grants
$1,444,718
Program service revenue
$0
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
Legal fees
$284
Accounting fees
$8,547
Program services (functional)
$1,304,230
Management and general (functional)
$13,691
Fundraising (functional)
$12,345

Balance sheet and other

Total assets, start of year
$15,784
Total assets, end of year
$130,236
Total liabilities, end of year
$0
Net assets, end of year
$130,236
Net assets without donor restrictions
$130,236
Gross receipts
$1,444,718
Employees
0
Volunteers
26

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 July 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Tetiana NovokhatskaPresident
Trustee or director, Officer
10$0
Anastasia StepanovaBoard Member
Trustee or director
3$0
Yuliia MatvieievaBoard Member
Trustee or director
3$0
Alex BalkanTreasurer
Trustee or director, Officer
5$0
Natalia DutkoSecretary
Trustee or director, Officer
5$0
990 for the year ended July 31, 2024: 6 people
NameTitleHours / weekCompensation
Tetiana NovokhatskaPresident
Trustee or director, Officer
10$0
Anastasia StepanovaBoard Member
Trustee or director
3$0
Yukuia MatvieievaBoard Member
Trustee or director
3$0
Alyona OwensBoard Member
Trustee or director
3$0
Alex BalkanTreasurer
Trustee or director, Officer
5$0
Arsen KostenkoSecretary
Trustee or director, Officer
5$0

Address and contacts

Address (IRS master file)
100 N HOWARD ST SUITE W, SPOKANE, WA 99201-0508
In care of
% OLENA OWENS
Mailing address (990-N for 2022)
100 Howard st W suite, Spokane WA 99201
Principal officer (990 for 2024)
Alex Balkan, 100 N Howard St Suite W, Spokane, WA 99201
Signed the 990
Alex Balkan, Chairman
Phone
(425) 503-1183
Return prepared by
Goldenthal & Suss Consulting PC

Mission

Our mission is to provide a partnership platform fostering deep tech projects in defense, research, manufacturing, and education fields that protect and boost well-being in Ukraine.

990 for the year ended July 31, 2025

Program accomplishments

  • Humanitarian Aid including drone detection systems, evacuation, medical aid, power supply, communications, prosthetics and medical technology, and wearable.
    Expenses $1,167,325
  • Research and development.
    Expenses $129,405
  • Education and Training for defenders, children, and veterans.
    Expenses $7,500

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 July, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025July 31, 2026December 15, 2026Not due yet
2024July 31, 2025December 15, 2025990 on file
2023July 31, 2024December 16, 2024990 on file

IRS record

EIN
88-3424647
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
2023
Accounting year ends
July
Files
Form 990 or 990-EZ
Assets (IRS master file)
$130,236
Income (IRS master file)
$1,444,718

Filing history

FormYear endedRevenueExpensesAssetsReturn
990July 2025$1,444,718$1,330,266$130,236XML
990July 2024$830,545$830,817$15,784XML
990-N for 2022July 31, 2023≤ $50,000 receipts––e-Postcard

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 88-3424647).

Questions about VOLIA FUND

What is the EIN of VOLIA FUND?
The employer identification number (EIN) of VOLIA FUND is 88-3424647.
Is VOLIA FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to VOLIA FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VOLIA 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 VOLIA FUND due?
The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did VOLIA FUND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended July 2025.
Who is the principal officer of VOLIA FUND?
The 990 for the year ended July 31, 2025 names Alex Balkan.
Who are the officers and directors of VOLIA FUND?
The 990 for the year ended July 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does VOLIA FUND have?
On its 990 for the year ended July 31, 2025 it reported revenue of $1,444,718, expenses of $1,330,266 and total assets of $130,236 at year end.

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