America For Bulgaria Foundation
America For Bulgaria Foundation maintains substantial assets and reports zero executive compensation amidst volatile revenue.
EIN: 208076166 · Homer Glen, IL · NTEE: Q32 · Updated: 2026-03-28
Is America For Bulgaria Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
America For Bulgaria Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About America For Bulgaria Foundation
America For Bulgaria Foundation (EIN: 208076166) is a nonprofit organization based in Homer Glen, IL, classified under NTEE code Q32. The organization reported total revenue of $146.6M and total assets of $501.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of America For Bulgaria Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates America For Bulgaria Foundation with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, America For Bulgaria Foundation allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all ten available IRS 990 filings, indicating a strong commitment to directing funds towards its mission and a high degree of financial efficiency in this area.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of America For Bulgaria Foundation's IRS 990 filings:
- Highly volatile revenue streams, making future income less predictable.
Strengths
The following positive indicators were identified for America For Bulgaria Foundation:
- 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.
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) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does America For Bulgaria Foundation spend its money?
America For Bulgaria Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to America For Bulgaria Foundation tax-deductible?
America For Bulgaria Foundation is registered as a tax-exempt nonprofit (EIN: 208076166). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is America For Bulgaria Foundation financially stable?
Yes, with current assets of $501,001,329 and a history of maintaining a strong asset base despite revenue fluctuations, the foundation appears very financially stable.
How does the organization manage executive compensation?
America For Bulgaria Foundation reports 0% officer compensation in all available filings, indicating that no salaries are paid to its officers, which is a strong positive for efficiency and transparency.
What is the trend in the organization's revenue?
Revenue has been highly volatile, with a peak of $445,269,681 in 2020, followed by $146,629,363 in the latest period, and much lower figures in other years, suggesting reliance on large, infrequent funding events or investment gains.
Does the foundation spend efficiently?
Yes, expenses are generally well-managed relative to revenue, as seen in 2020 where expenses were $25,850,238 against $445,269,681 in revenue, allowing for significant asset growth.
Filing History
IRS 990 filing history for America For Bulgaria Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2010–2020), America For Bulgaria Foundation's revenue has grown by 2388.7%, moving from $17.9M to $445.3M. Total assets increased by 24.2% over the same period, from $389.4M to $483.6M. Total functional expenses rose by 25.4%, from $20.6M to $25.9M. In its most recent filing year (2020), America For Bulgaria Foundation reported a surplus of $419.4M, with revenue exceeding expenses. The organization holds $14.3M in liabilities against $483.6M in assets (debt-to-asset ratio: 3.0%), resulting in net assets of $469.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2020 | $445.3M | $25.9M | $483.6M | $14.3M | — | — |
| 2018 | $26.8M | $23.3M | $387.6M | $6.6M | — | View 990 |
| 2017 | $16.6M | $18.9M | $436.3M | $8.9M | — | View 990 |
| 2016 | $2.9M | $22.0M | $401.3M | $10.2M | — | View 990 |
| 2015 | $19.2M | $16.5M | $391.8M | $9.4M | — | View 990 |
| 2014 | $66.6M | $35.8M | $412.8M | $14.7M | — | View 990 |
| 2013 | $30.9M | $22.0M | $410.1M | $9.7M | — | View 990 |
| 2012 | $4.7M | $29.1M | $384.4M | $14.1M | — | View 990 |
| 2011 | $13.7M | $23.1M | $370.1M | $12.6M | — | View 990 |
| 2010 | $17.9M | $20.6M | $389.4M | $11.1M | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $445.3M, expenses of $25.9M, and assets of $483.6M (revenue +1564.0% year-over-year).
- 2018: Revenue of $26.8M, expenses of $23.3M, and assets of $387.6M (revenue +61.6% year-over-year).
- 2017: Revenue of $16.6M, expenses of $18.9M, and assets of $436.3M (revenue +477.8% year-over-year).
- 2016: Revenue of $2.9M, expenses of $22.0M, and assets of $401.3M (revenue -85.1% year-over-year).
- 2015: Revenue of $19.2M, expenses of $16.5M, and assets of $391.8M (revenue -71.2% year-over-year).
- 2014: Revenue of $66.6M, expenses of $35.8M, and assets of $412.8M (revenue +115.3% year-over-year).
- 2013: Revenue of $30.9M, expenses of $22.0M, and assets of $410.1M (revenue +552.5% year-over-year).
- 2012: Revenue of $4.7M, expenses of $29.1M, and assets of $384.4M (revenue -65.4% year-over-year).
- 2011: Revenue of $13.7M, expenses of $23.1M, and assets of $370.1M (revenue -23.3% year-over-year).
- 2010: Revenue of $17.9M, expenses of $20.6M, and assets of $389.4M.
Data Sources and Methodology
This transparency report for America For Bulgaria Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.