Bulgarian Education Center Co
- Assets
- $78.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Nantucket, MA
- Founding
- 10/2015
- Data as of
- 12/2022
- EIN
- 47-3221061
Organization Overview
Bulgarian Education Center Co is located in Nantucket, MA. The organization was established in 2015. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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 Education Center Co 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 12/2022, Bulgarian Education Center Co generated $71.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $54.8k during the year ending 12/2022. While expenses have increased by 11.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
THE ORGANIZATION PROVIDES SATURDAY AFTERNOON CLASSES FOR TOTAL OF 30 WEEKS WHICH START SEPTEMBER OF EACH YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Virginia Kostadinova Director | 5 | $8,600 | |
Gergana Neikova Director | 5 | $8,600 | |
Polya B Dimov Director | 5 | $1,650 | |
Zhaneta Avramova Director | 5 | $8,600 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,448 |
| Total Program Service Revenue | $25,095 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,527 |
| Other Revenue | $0 |
| Total Revenue | $71,070 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $35,459 |
| Professional fees and other payments to independent contractors | $883 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,456 |
| Total expenses | $54,798 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $72,630 |
| Other assets | $0 |
| Total assets | $78,898 |
| Total liabilities | $1,528 |
| Net assets or fund balances | $77,370 |