Quick charity verification for America For Bulgaria Foundation (EIN: 208076166)
Verdict: America For Bulgaria Foundation appears trustworthy
92/100Mission Score
$146.6MRevenue
$501.0MAssets
1Red Flags
4Strengths
Red Flags
Highly volatile revenue streams, making future income less predictable.
Strengths
Substantial and growing asset base ($501,001,329 latest assets).
Consistent reporting of 0% officer compensation, indicating high efficiency and transparency.
Strong financial health with assets significantly exceeding liabilities (e.g., $483,623,906 assets vs. $14,330,589 liabilities in 2020).
Effective expense management, often spending well below revenue in high-income years.
Spending Breakdown
How America For Bulgaria Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about America For Bulgaria Foundation
Is America For Bulgaria Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, America For Bulgaria Foundation (EIN: 208076166) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is America For Bulgaria Foundation a good charity to donate to?
America For Bulgaria Foundation has a Mission Score of 92/100. Revenue: $146.6M. Assets: $501.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for America For Bulgaria Foundation?
The Employer Identification Number (EIN) for America For Bulgaria Foundation is 208076166. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does America For Bulgaria Foundation spend its money?
America For Bulgaria Foundation allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify America For Bulgaria Foundation's tax-exempt status?
You can verify America For Bulgaria Foundation's tax-exempt status using EIN 208076166 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
America For Bulgaria Foundation demonstrates a strong financial position with substantial assets, currently at $501,001,329. The organization has experienced significant fluctuations in revenue, notably a peak of $445,269,681 in 2020, followed by the latest reported revenue of $146,629,363. This volatility suggests reliance on large, infrequent contributions or investment gains rather than consistent operational income. Despite these revenue swings, the foundation consistently maintains a healthy asset base, indicating robust long-term financial stability.
Spending efficiency appears to be strong, with expenses generally well below revenue in high-revenue years, allowing for asset growth. For instance, in 2020, expenses were $25,850,238 against $445,269,681 in revenue. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. This practice is highly commendable and suggests a lean administrative structure or reliance on volunteer leadership for executive roles.
Overall, the foundation exhibits strong financial health, characterized by substantial assets and a history of managing expenses effectively relative to its funding cycles. The zero executive compensation is a notable strength in terms of transparency and efficient use of funds. The primary area for further understanding might be the nature of its revenue streams, given their significant variability, to assess the sustainability of its funding model.