Bulgarian Education Center Co
- Assets
- $46.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Nantucket, MA
- Founding
- 10/2015
- Data as of
- 12/2020
- 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 12/2020, Bulgarian Education Center Co generated $47.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $39.8k during the year ending 12/2020. While expenses have increased by 9.2% per year over the past 6 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
2020
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 President | 5 | $0 | |
Zhaneta Avramova Secretary | 5 | $0 | |
Gergana Neikova Vice President | 5 | $0 | |
Ralitsa Mitrakieva Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,471 |
| Total Program Service Revenue | $11,475 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,921 |
| Other Revenue | $0 |
| Total Revenue | $47,867 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $25,320 |
| Professional fees and other payments to independent contractors | $1,891 |
| Occupancy, rent, utilities, and maintenance | $2,100 |
| Printing, publications, postage, and shipping | $104 |
| Other expenses | $10,372 |
| Total expenses | $39,787 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $42,129 |
| Other assets | $0 |
| Total assets | $46,517 |
| Total liabilities | $1,625 |
| Net assets or fund balances | $44,892 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Bulgarian Education Center Co has recieved totaling $12,500.
| Awarding Organization | Amount |
|---|---|
Community Foundation For Nantucket Nantucket, MA PURPOSE: EDUCATION | $8,000 |
Nantucket Golf Club Foundation Inc Siasconset, MA PURPOSE: SUPPORT | $4,500 |
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|---|---|---|
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Unbounded Learning Inc New York, NY | $10,202,052 | $11,682,333 |
Great Oaks Foundation Inc New York, NY | $2,451,527 | $9,169,233 |
The New York Opportunity Network Inc New York, NY | $9,128,852 | $11,413,843 |
Mdyhs Inc Brooklyn, NY | $134,976 | $6,680,548 |
East Harlem Tutorial Program Inc New York, NY | $86,316,213 | $22,073,171 |
Big Picture Company Inc Providence, RI | $7,837,485 | $8,551,370 |
Icivics Inc Cambridge, MA | $22,668,891 | $21,117,538 |
Coleridge Initiative Incorporated New York, NY | $7,309,753 | $10,132,934 |
Citizen Schools Inc Boston, MA | $5,221,320 | $8,840,523 |
Older Adults Technology Services Inc Brooklyn, NY | $4,283,577 | $6,770,707 |
Brooklyn Waldorf School Brooklyn, NY | $12,262,010 | $7,427,776 |