Bosniak American Advisory Council For Bosnia And Herzegovina Inc
Bosniak American Advisory Council faces financial instability with recent expenses exceeding revenue and minimal assets.
EIN: 204662259 · Washington, DC · NTEE: A23 · Updated: 2026-03-28
Is Bosniak American Advisory Council For Bosnia And Herzegovina Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bosniak American Advisory Council For Bosnia And Herzegovina Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bosniak American Advisory Council For Bosnia And Herzegovina Inc
Bosniak American Advisory Council For Bosnia And Herzegovina Inc (EIN: 204662259) is a nonprofit organization based in Washington, DC, classified under NTEE code A23. The organization reported total revenue of $25K and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bosniak American Advisory Council For Bosnia And Herzegovina Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bosniak American Advisory Council For Bosnia And Herzegovina Inc is a micro nonprofit that has been operating for 2 years, with 10 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 12.3%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $83K |
| Total Expenses | $105K |
| Surplus / Deficit | $-21,542 |
| Total Assets | $34K |
| Net Assets | $34K |
| Operating Margin | -25.9% |
| Months of Reserves | 3.9 months |
Financial Health Grade: B
In 2021, Bosniak American Advisory Council For Bosnia And Herzegovina Inc reported a deficit of $22K with expenses exceeding revenue, holds 3.9 months of operating reserves (adequate).
Financial Trends
Over 10 years of filings (2011–2021), Bosniak American Advisory Council For Bosnia And Herzegovina Inc's revenue has grown at a compound annual growth rate (CAGR) of 12.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +96.0% | -19.3% | -38.9% |
| 2020 | -85.0% | -16.3% | -61.2% |
| 2019 | +72.9% | -9.8% | +847.4% |
| 2018 | +17.2% | +30.8% | -35.4% |
| 2017 | +151.6% | +79.2% | +54.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2024 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bosniak American Advisory Council For Bosnia And Herzegovina Inc with a Mission Score of 60 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: 80%
- fundraising: 5%
According to IRS 990 filings, Bosniak American Advisory Council For Bosnia And Herzegovina Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $22K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based or compensated through other means not classified as officer compensation, which is a positive for resource allocation.
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 Bosniak American Advisory Council For Bosnia And Herzegovina Inc's IRS 990 filings:
- Inconsistent financial performance with frequent deficits (e.g., 2020, 2021, 2018, 2016, 2014, 2011) where expenses exceeded revenue.
- Dramatic decline in assets from $142,698 in 2019 to $1 in the latest period, indicating potential financial distress or significant asset liquidation.
- Latest reported revenue of $24,698 is significantly lower than historical averages, raising concerns about current funding streams.
Strengths
The following positive indicators were identified for Bosniak American Advisory Council For Bosnia And Herzegovina Inc:
- Consistent filing of IRS Form 990s, demonstrating transparency in financial reporting.
- 0% officer compensation across all reported periods, suggesting a volunteer-driven leadership and efficient use of funds at the executive level.
- Ability to generate significant revenue in some years (e.g., $282,564 in 2019), indicating potential for strong fundraising when opportunities arise.
Frequently Asked Questions about Bosniak American Advisory Council For Bosnia And Herzegovina Inc
Is Bosniak American Advisory Council For Bosnia And Herzegovina Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bosniak American Advisory Council For Bosnia And Herzegovina Inc (EIN: 204662259) some concerns. Mission Score: 60/100. 3 red flags identified, 3 strengths noted.
How does Bosniak American Advisory Council For Bosnia And Herzegovina Inc spend its money?
Bosniak American Advisory Council For Bosnia And Herzegovina Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bosniak American Advisory Council For Bosnia And Herzegovina Inc tax-deductible?
Bosniak American Advisory Council For Bosnia And Herzegovina Inc is registered as a tax-exempt nonprofit (EIN: 204662259). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does the organization sustain operations when expenses frequently exceed revenue, as seen in 2020 and 2021?
The organization likely relies on accumulated reserves from more profitable years (e.g., 2019 where revenue significantly exceeded expenses) or receives non-cash contributions not fully reflected in the revenue figures provided, or it may be drawing down on its assets, which is consistent with the asset decline.
What caused the significant drop in assets from $142,698 in 2019 to $1 in the latest reported period?
This drastic reduction in assets could be due to significant expenditures, investment losses, or the transfer of assets to another entity. Without further detail from the full 990 forms, the exact reason remains unclear but warrants investigation.
Given the 0% officer compensation, how are the organization's leadership and operational roles filled?
The consistent 0% officer compensation suggests that the organization is heavily reliant on volunteer efforts for its leadership and operational functions, or that compensation is structured in a way that is not reported as officer compensation on the 990 form.
What specific programs does the organization run, and how are funds allocated to them?
The provided data does not detail specific programs or a granular breakdown of expenses. A full IRS 990 would be needed to understand the allocation of funds to program services versus administrative or fundraising costs.
Filing History
IRS 990 filing history for Bosniak American Advisory Council For Bosnia And Herzegovina Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2021), Bosniak American Advisory Council For Bosnia And Herzegovina Inc's revenue has grown by 218.2%, moving from $26K to $83K. Total assets increased by 13.6% over the same period, from $30K to $34K. Total functional expenses rose by 80.7%, from $58K to $105K. In its most recent filing year (2021), Bosniak American Advisory Council For Bosnia And Herzegovina Inc reported a deficit of $22K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $83K | $105K | $34K | $0 | — | — |
| 2020 | $42K | $130K | $55K | $0 | — | — |
| 2019 | $283K | $155K | $143K | $0 | — | — |
| 2018 | $163K | $172K | $15K | $0 | — | View 990 |
| 2017 | $140K | $131K | $23K | $0 | — | View 990 |
| 2016 | $55K | $73K | $15K | $0 | — | View 990 |
| 2015 | $84K | $72K | $33K | $0 | — | View 990 |
| 2014 | $47K | $70K | $16K | $0 | — | View 990 |
| 2013 | $91K | $64K | $39K | $0 | — | View 990 |
| 2011 | $26K | $58K | $30K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $83K, expenses of $105K, and assets of $34K (revenue +96.0% year-over-year).
- 2020: Revenue of $42K, expenses of $130K, and assets of $55K (revenue -85.0% year-over-year).
- 2019: Revenue of $283K, expenses of $155K, and assets of $143K (revenue +72.9% year-over-year).
- 2018: Revenue of $163K, expenses of $172K, and assets of $15K (revenue +17.2% year-over-year).
- 2017: Revenue of $140K, expenses of $131K, and assets of $23K (revenue +151.6% year-over-year).
- 2016: Revenue of $55K, expenses of $73K, and assets of $15K (revenue -34.0% year-over-year).
- 2015: Revenue of $84K, expenses of $72K, and assets of $33K (revenue +78.2% year-over-year).
- 2014: Revenue of $47K, expenses of $70K, and assets of $16K (revenue -48.0% year-over-year).
- 2013: Revenue of $91K, expenses of $64K, and assets of $39K (revenue +246.9% year-over-year).
- 2011: Revenue of $26K, expenses of $58K, and assets of $30K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bosniak American Advisory Council For Bosnia And Herzegovina Inc:
Data Sources and Methodology
This transparency report for Bosniak American Advisory Council For Bosnia And Herzegovina Inc 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.