Bulgarian-American Cultural Educational Foundation
- Assets
- $34.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Culver City, CA
- Founding
- 04/2014
- Data as of
- 06/2022
- EIN
- 45-4196629
Organization Overview
Bulgarian-American Cultural Educational Foundation is located in Culver City, CA. The organization was established in 2014. According to its NTEE Classification (B28) the organization is classified as: Special Education, 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. Bulgarian-American Cultural Educational 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 06/2022, Bulgarian-American Cultural Educational Foundation generated $57.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $69.9k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vasil Mihalew Chief Executive Officer | 3 | $0 | |
Zhivka Kostova Director Teacher | 21 | $17,698 | |
Deian Kazachki Secretary | 3 | $0 | |
Lidia Mcclune Chief Financial Officer | 3 | $0 | |
Nikolay Kostov Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,733 |
| Total Program Service Revenue | $15,955 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $57,688 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $46,397 |
| Professional fees and other payments to independent contractors | $1,720 |
| Occupancy, rent, utilities, and maintenance | $10,447 |
| Printing, publications, postage, and shipping | $275 |
| Other expenses | $11,087 |
| Total expenses | $69,926 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,305 |
| Other assets | $0 |
| Total assets | $34,055 |
| Total liabilities | $0 |
| Net assets or fund balances | $34,055 |