Civic Intelligence

Very Important Projects Fund

990EZ • Fiscal year 2020 • EIN 81-0854265

Jan 01, 2020 to Dec 31, 2020 • Filed on Jul 14, 2021

8 The Green Ste BDover, DE 19901

(650) 733-4847

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

81st percentile

0.24x

Higher debt load relative to assets than 81% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

86th percentile

0.29x

Higher debt load relative to revenue than 86% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

73rd percentile

24%

Higher net margin than 73% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

84th percentile

66%

Faster asset growth than 84% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

89th percentile

54%

Faster revenue growth than 89% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$143,566

Up $57,181 (+66%) from 2019

Net Assets

Up

$109,805

Up $27,581 (+34%) from 2019

Liabilities

Up

$33,761

Up $29,600 (+711%) from 2019

Revenue

Up

$116,041

Up $40,464 (+54%) from 2019

Expenses

Up

$88,460

Up $13,570 (+18%) from 2019

Net Income

Up

$27,581

Up $26,894 (+3915%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150K$100K$50K$0Assets 2016: $60,194Liabilities 2016: $8,0002016Assets 2017: $67,282Liabilities 2017: $4,161Net Assets 2017: $63,1212017Assets 2018: $85,698Liabilities 2018: $4,161Net Assets 2018: $81,5372018Assets 2019: $86,385Liabilities 2019: $4,161Net Assets 2019: $82,2242019Assets 2020: $143,566Liabilities 2020: $33,761Net Assets 2020: $109,8052020Assets 2021: $123,844Liabilities 2021: $2,161Net Assets 2021: $121,6832021Assets 2022: $74,653Liabilities 2022: $2,161Net Assets 2022: $72,4922022Assets 2023: $85,852Liabilities 2023: $2,161Net Assets 2023: $83,6912023Assets 2024: $84,916Liabilities 2024: $152Net Assets 2024: $84,7642024

Highlighted filing

2020

Assets$143,566
Liabilities$33,761
Net Assets$109,805

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2016: $101,686Expenses 2016: $41,492Net Income 2016: $60,1942016Revenue 2017: $128,367Expenses 2017: $125,181Net Income 2017: $3,1862017Revenue 2018: $152,086Expenses 2018: $133,670Net Income 2018: $18,4162018Revenue 2019: $75,577Expenses 2019: $74,890Net Income 2019: $6872019Revenue 2020: $116,041Expenses 2020: $88,460Net Income 2020: $27,5812020Revenue 2021: $297,198Expenses 2021: $285,320Net Income 2021: $11,8782021Revenue 2022: $219,092Expenses 2022: $268,283Net Income 2022: -$49,1912022Revenue 2023: $211,252Expenses 2023: $200,053Net Income 2023: $11,1992023Revenue 2024: $180,956Expenses 2024: $182,043Net Income 2024: -$1,0872024

Highlighted filing

2020

Revenue$116,041
Expenses$88,460
Net Income$27,581
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jul 14, 2021
Return Version
2020v4.0
Gross Receipts
$116,041
Mission and Program Overview

Mission

Youth development & educational support

Program Services

DescriptionGrantsExpenses
EDSEEDCROWDFUNDING SOCIAL NETWORK CONNECTING STUDENTS WITH DONORS AND MENTORS WHO SUPPORT THEIR HIGHER EDUCATION AND JOURNEY$54,773-
GRANTS/DONATIONS TO EDUCATION BASED ORGANIZATIONS PROVIDING SERVICES TO REFUGEES--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
RAMA CHAKAKIExecutive DirectorPT$0--
RASHA AJALYAQEENDirector-$0--
MAI BARAZIDirector-$0--
Filing and Contact Details

Filer

Filer Name
Very Important Projects Fund
EIN
81-0854265
Phone
6507334847
Address
8 THE GREEN STE B, DOVER, DE 19901

Signing Officer

Name
Rama Chakaki
Title
Executive Director
Signed
2021-07-14
Discuss with paid preparer
Yes

Preparer

Firm
Nexus Square LLC
Address
60 POINTE DR STE 102, Brea, CA 92821
Preparer
Mohamed Youssef
Phone
5629219300
Supplemental Narrative

Additional Explanations

Other Expenses.1010

Amortization $2600

Other Expenses.1

Edseed project turquoise $21577

Other Expenses.2

Edseed general students $19373

Other Expenses.3

Maps teachers ed & wellbeing $10000

Other Expenses.4

EDSEED BARAZI FUND $9023

Other Expenses.5

FELLOWSHIP/IT $8000

Other Expenses.6

Fellowship/program mgr $7700

Other Expenses.7

Edseed ammar al-shami fund $3800

Other Expenses.8

MARKETING $2463

Other Expenses.9

Edseed abdullatif chakaki fund $2100

Other Expenses.10

FUNDRAISING $1978

Other Expenses.11

BAREEQ EDUCATION $1667

Other Expenses.12

Edseed faris eid fund $1000

Other Expenses.13

VOXVISIO $945

Other Expenses.14

LICENSE & PERMITS $556

Other Expenses.15

Processing fees - stripe $459

Other Expenses.16

IT $357

Other Expenses.17

Bank service charges $277

Other Expenses.18

WEBSITE $174

Other Expenses.19

FRAUD RECOVERY $-8848

Other Assets.1005

Accounts Receivable - Beginning $3934 Accounts Receivable - Ending $0

Other Assets.1012

Intangible Assets - Beginning $6067 Intangible Assets - Ending $3467

Total Liabilities.1

DUE TO RELATED PARTIES - Beginning $4161 DUE TO RELATED PARTIES - Ending $1661

Total Liabilities.2

SBA LOAN PAYABLE - Beginning $0 SBA LOAN PAYABLE - Ending $32100

Raw XML Appendix206 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Amortization $2600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EDSEED PROJECT TURQUOISE $21577
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EDSEED GENERAL STUDENTS $19373
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MAPS TEACHERS ED & WELLBEING $10000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EDSEED BARAZI FUND $9023
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FELLOWSHIP/IT $8000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6FELLOWSHIP/PROGRAM MGR $7700
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7EDSEED AMMAR AL-SHAMI FUND $3800
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13VOXVISIO $945
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14LICENSE & PERMITS $556
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15PROCESSING FEES - STRIPE $459
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16IT $357
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17BANK SERVICE CHARGES $277
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18WEBSITE $174
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19FRAUD RECOVERY $-8848
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20Accounts Receivable - Beginning $3934 Accounts Receivable - Ending $0
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.4
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ReturnHeader/ReturnTs02021-07-14T11:08:05-07:00
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ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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