Bulgarian American Society Inc
EIN: 521754819 · Arlington, VA · NTEE: P20Z
| Metric | Value |
|---|---|
| Total Revenue | $177K |
| Total Expenses | $208K |
| Net Assets | $42K |
Is Bulgarian American Society Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bulgarian American Society Inc
Bulgarian American Society Inc (EIN: 521754819) is a nonprofit organization based in Arlington, VA, classified under NTEE code P20Z. The organization reported total revenue of $177K and total assets of $31K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bulgarian American Society Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bulgarian American Society Inc is a small nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $166K |
| Total Expenses | $208K |
| Surplus / Deficit | $-42,178 |
| Total Assets | $42K |
| Net Assets | $42K |
| Operating Margin | -25.4% |
| Months of Reserves | 2.4 months |
Financial Health Grade: C
In 2023, Bulgarian American Society Inc reported a deficit of $42K with expenses exceeding revenue, holds 2.4 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Bulgarian American Society Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.8% | +25.1% | -50.0% |
| 2022 | +2.0% | +8.6% | +64.5% |
| 2021 | +23.8% | -2.3% | +473.6% |
| 2020 | +6.7% | -4.0% | +14.9% |
| 2019 | +13.4% | +18.4% | -66.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bulgarian American Society Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bulgarian American Society Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $42K, with expenses exceeding revenue.
Frequently Asked Questions about Bulgarian American Society Inc
Is Bulgarian American Society Inc a legitimate charity?
Bulgarian American Society Inc (EIN: 521754819) is a registered tax-exempt nonprofit based in Virginia. It has 13 years of IRS 990 filings on record. Total revenue: $177K. No red flags identified. Financial health grade: C.
How does Bulgarian American Society Inc spend its money?
Bulgarian American Society Inc reported $177K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Bulgarian American Society Inc tax-deductible?
Bulgarian American Society Inc is registered as a tax-exempt nonprofit (EIN: 521754819). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bulgarian American Society Inc located?
Bulgarian American Society Inc is headquartered in Arlington, Virginia and files with the IRS under EIN 521754819. It is classified under NTEE code P20Z.
How many years of IRS 990 filings does Bulgarian American Society Inc have?
Bulgarian American Society Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $177K in total revenue.
Filing History
IRS 990 filing history for Bulgarian American Society Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bulgarian American Society Inc's revenue has grown by 57%, moving from $106K to $166K. Total assets increased by 347.2% over the same period, from $9K to $42K. Total functional expenses rose by 53.3%, from $136K to $208K. In its most recent filing year (2023), Bulgarian American Society Inc reported a deficit of $42K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $166K | $208K | $42K | $0 | — | View 990 |
| 2022 | $199K | $166K | $84K | $0 | — | View 990 |
| 2021 | $195K | $153K | $51K | $0 | — | View 990 |
| 2020 | $158K | $157K | $9K | $0 | — | — |
| 2019 | $148K | $163K | $8K | $0 | — | View 990 |
| 2018 | $130K | $138K | $23K | $0 | — | View 990 |
| 2017 | $137K | $130K | $30K | $0 | — | View 990 |
| 2016 | $131K | $142K | $23K | $0 | — | View 990 |
| 2015 | $142K | $136K | $34K | $0 | — | View 990 |
| 2014 | $134K | $135K | $29K | $0 | — | View 990 |
| 2013 | $130K | $124K | $30K | $0 | — | View 990 |
| 2012 | $128K | $112K | $24K | $0 | — | View 990 |
| 2011 | $106K | $136K | $9K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $166K, expenses of $208K, and assets of $42K (revenue -16.8% year-over-year).
- 2022: Revenue of $199K, expenses of $166K, and assets of $84K (revenue +2.0% year-over-year).
- 2021: Revenue of $195K, expenses of $153K, and assets of $51K (revenue +23.8% year-over-year).
- 2020: Revenue of $158K, expenses of $157K, and assets of $9K (revenue +6.7% year-over-year).
- 2019: Revenue of $148K, expenses of $163K, and assets of $8K (revenue +13.4% year-over-year).
- 2018: Revenue of $130K, expenses of $138K, and assets of $23K (revenue -5.1% year-over-year).
- 2017: Revenue of $137K, expenses of $130K, and assets of $30K (revenue +4.6% year-over-year).
- 2016: Revenue of $131K, expenses of $142K, and assets of $23K (revenue -7.4% year-over-year).
- 2015: Revenue of $142K, expenses of $136K, and assets of $34K (revenue +5.9% year-over-year).
- 2014: Revenue of $134K, expenses of $135K, and assets of $29K (revenue +2.8% year-over-year).
- 2013: Revenue of $130K, expenses of $124K, and assets of $30K (revenue +1.6% year-over-year).
- 2012: Revenue of $128K, expenses of $112K, and assets of $24K (revenue +21.4% year-over-year).
- 2011: Revenue of $106K, expenses of $136K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bulgarian American Society Inc:
Data Sources and Methodology
This transparency report for Bulgarian American Society 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.