Hristo Botev Academy Inc
- Assets
- $59.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Deale, MD
- Founding
- 05/2016
- Data as of
- 08/2022
- EIN
- 47-2121274
Organization Overview
Hristo Botev Academy Inc is located in Deale, MD. The organization was established in 2016. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hristo Botev Academy Inc 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 08/2022, Hristo Botev Academy Inc generated $70.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $55.6k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (15.9%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
EDUCATIONAL PURPOSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Boyko Antonov Chairman | 20 | $0 | |
Boyka Popova Admin Director | 16 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,891 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $43,344 |
| Total Revenue | $70,235 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $49,575 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,020 |
| Total expenses | $55,595 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43,258 |
| Other assets | $0 |
| Total assets | $59,565 |
| Total liabilities | $120,749 |
| Net assets or fund balances | -$61,184 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hristo Botev Academy Inc has recieved totaling $78.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $78 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Clay Center For The Arts & Sciences Of West Virginia Inc Charleston, WV | $104,991,627 | $9,740,232 |
Coalition To Salute Americas Heroes Foundation Leesburg, VA | $3,573,595 | $8,478,376 |
African American Cultural Center Pittsburgh, PA | $15,275,830 | $8,128,417 |
Baltimore Office Of Promotion And The Arts Baltimore, MD | $2,768,148 | $4,464,806 |
Boris Lurie Art Foundation Wilmington, DE | $0 | $786,286 |
One Common Unity Inc Washington, DC | $667,542 | $2,484,423 |
Sitar Arts Center Washington, DC | $12,189,332 | $3,951,154 |
Multicultural Community Family Services Inc Upper Darby, PA | $617,484 | $2,120,656 |
Rivers Of Steel Heritage Corporation Homestead, PA | $6,978,664 | $2,016,584 |
National Council For The Traditional Arts Silver Spring, MD | $1,116,811 | $2,051,101 |
Mkm Foundation Wilmington, DE | $21,658,841 | $3,029,423 |
Goggle Works Reading, PA | $20,413,986 | $12,124,675 |