American University In Bulgaria
American University In Bulgaria consistently operates at a deficit despite substantial assets.
EIN: 10466768 · Washington, DC · NTEE: Q300 · Updated: 2026-03-28
Is American University In Bulgaria Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American University In Bulgaria directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American University In Bulgaria
American University In Bulgaria (EIN: 10466768) is a nonprofit organization based in Washington, DC, classified under NTEE code Q300. The organization reported total revenue of $3.4M and total assets of $39.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American University In Bulgaria'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 American University In Bulgaria with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, American University In Bulgaria allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating either a volunteer leadership or compensation handled by a related entity, which is a strong positive for transparency regarding direct officer salaries.
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 American University In Bulgaria's IRS 990 filings:
- Consistent operational deficits (e.g., 202306: $2,819,000 revenue vs. $3,137,000 expenses)
- Significant fluctuations in annual revenue, indicating potential funding instability
- Reliance on asset base to cover ongoing expenses if deficits persist
Strengths
The following positive indicators were identified for American University In Bulgaria:
- Substantial asset base ($39,941,000 currently, consistently above $30 million)
- High transparency regarding executive compensation (0% reported officer compensation)
- Long filing history (12 filings), indicating consistent compliance
Frequently Asked Questions about American University In Bulgaria
Is American University In Bulgaria a legitimate charity?
Based on AI analysis of IRS 990 filings, American University In Bulgaria (EIN: 10466768) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does American University In Bulgaria spend its money?
American University In Bulgaria directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to American University In Bulgaria tax-deductible?
American University In Bulgaria is registered as a tax-exempt nonprofit (EIN: 10466768). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is American University In Bulgaria financially sustainable given its consistent deficits?
The organization has consistently reported expenses exceeding revenue, such as $3,137,000 in expenses vs. $2,819,000 in revenue for 202306. While it possesses significant assets ($39,941,000), this pattern suggests a reliance on reserves or other funding sources to cover operational costs, raising questions about long-term sustainability without a shift in financial strategy.
What is the source of funding that covers the operational deficits?
The provided data does not explicitly detail the source covering the consistent operational deficits. Given the substantial asset base, it's possible the organization is drawing from its endowment or other investment income, but this would require further investigation of the full IRS 990 forms.
Why is officer compensation consistently reported as 0%?
A consistent 0% officer compensation could mean that the organization's leadership is entirely volunteer-based, or that compensation for key executives is paid by a related entity or through a different reporting mechanism not captured in this summary. This is a positive indicator for direct compensation transparency but warrants clarification.
How does the organization manage significant fluctuations in annual revenue?
Revenue has varied significantly, from $1,154,000 in 201906 to $3,725,000 in 201706. Managing such fluctuations while consistently incurring deficits suggests a need for robust financial planning and potentially diversified funding streams to ensure stability.
Filing History
IRS 990 filing history for American University In Bulgaria showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), American University In Bulgaria's revenue has declined by 61.9%, moving from $7.4M to $2.8M. Total assets increased by 14.8% over the same period, from $28.8M to $33.1M. Total functional expenses fell by 18.4%, from $3.8M to $3.1M. In its most recent filing year (2023), American University In Bulgaria reported a deficit of $318K, with expenses exceeding revenue. The organization holds $26K in liabilities against $33.1M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $33.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.8M | $3.1M | $33.1M | $26K | — | — |
| 2022 | $2.3M | $3.3M | $31.4M | $799K | — | View 990 |
| 2020 | $1.6M | $3.4M | $31.0M | $1.6M | — | View 990 |
| 2019 | $1.2M | $2.7M | $31.5M | $2.2M | — | View 990 |
| 2018 | $2.5M | $2.8M | $31.8M | $2.8M | — | View 990 |
| 2017 | $3.7M | $3.8M | $30.9M | $6.7M | — | View 990 |
| 2016 | $1.9M | $4.0M | $29.9M | $7.6M | — | View 990 |
| 2015 | $1.7M | $5.0M | $32.3M | $8.4M | — | View 990 |
| 2014 | $3.6M | $5.3M | $35.2M | $9.2M | — | View 990 |
| 2013 | $3.1M | $11.5M | $32.5M | $10.2M | — | View 990 |
| 2012 | $11.8M | $9.0M | $37.3M | $9.3M | — | View 990 |
| 2011 | $7.4M | $3.8M | $28.8M | $3.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.8M, expenses of $3.1M, and assets of $33.1M (revenue +22.8% year-over-year).
- 2022: Revenue of $2.3M, expenses of $3.3M, and assets of $31.4M (revenue +39.8% year-over-year).
- 2020: Revenue of $1.6M, expenses of $3.4M, and assets of $31.0M (revenue +42.3% year-over-year).
- 2019: Revenue of $1.2M, expenses of $2.7M, and assets of $31.5M (revenue -54.6% year-over-year).
- 2018: Revenue of $2.5M, expenses of $2.8M, and assets of $31.8M (revenue -31.8% year-over-year).
- 2017: Revenue of $3.7M, expenses of $3.8M, and assets of $30.9M (revenue +97.5% year-over-year).
- 2016: Revenue of $1.9M, expenses of $4.0M, and assets of $29.9M (revenue +9.1% year-over-year).
- 2015: Revenue of $1.7M, expenses of $5.0M, and assets of $32.3M (revenue -52.7% year-over-year).
- 2014: Revenue of $3.6M, expenses of $5.3M, and assets of $35.2M (revenue +19.0% year-over-year).
- 2013: Revenue of $3.1M, expenses of $11.5M, and assets of $32.5M (revenue -73.9% year-over-year).
- 2012: Revenue of $11.8M, expenses of $9.0M, and assets of $37.3M (revenue +59.2% year-over-year).
- 2011: Revenue of $7.4M, expenses of $3.8M, and assets of $28.8M.
Data Sources and Methodology
This transparency report for American University In Bulgaria 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.