Quick charity verification for American Foundation For Bulgaria Inc (EIN: 200361839)
Verdict: American Foundation For Bulgaria Inc appears trustworthy
85/100Mission Score
$888KRevenue
$1.8MAssets
2Red Flags
3Strengths
Red Flags
Consistent deficit spending (expenses exceeding revenue) in most recent years, e.g., $793,089 expenses vs. $725,854 revenue in 2023.
Declining net assets over the past several years, from $2,506,847 in 2015 to $1,870,325 in 2023.
Strengths
Zero reported officer compensation across all filings, indicating volunteer leadership and high efficiency in executive costs.
Consistent filing of IRS 990 forms, demonstrating strong transparency.
Maintains a substantial asset base ($1,816,066 latest reported) despite recent deficits.
Spending Breakdown
How American Foundation For Bulgaria Inc 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 American Foundation For Bulgaria Inc
Is American Foundation For Bulgaria Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, American Foundation For Bulgaria Inc (EIN: 200361839) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is American Foundation For Bulgaria Inc a good charity to donate to?
American Foundation For Bulgaria Inc has a Mission Score of 85/100. Revenue: $888K. Assets: $1.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for American Foundation For Bulgaria Inc?
The Employer Identification Number (EIN) for American Foundation For Bulgaria Inc is 200361839. 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 American Foundation For Bulgaria Inc spend its money?
American Foundation For Bulgaria Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify American Foundation For Bulgaria Inc's tax-exempt status?
You can verify American Foundation For Bulgaria Inc's tax-exempt status using EIN 200361839 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
The American Foundation For Bulgaria Inc. demonstrates consistent financial transparency through its regular IRS 990 filings, with 14 filings available. The organization has consistently reported zero officer compensation across all available filings, which is a strong indicator of volunteer leadership and a commitment to directing funds towards its mission. However, the organization has experienced a trend of expenses exceeding revenue in most recent years, such as in 2023 where expenses were $793,089 against revenues of $725,854, and in 2022 with expenses of $642,063 against revenues of $554,771. This consistent deficit spending has led to a gradual decline in net assets, from $2,506,847 in 2015 to $1,870,325 in 2023. While the organization maintains a healthy asset base relative to its annual expenses, this trend warrants monitoring to ensure long-term financial sustainability. The absence of reported officer compensation suggests high spending efficiency in leadership costs, but a detailed breakdown of program, administrative, and fundraising expenses would provide a clearer picture of overall spending efficiency.