Little Bulgarian School In Chicago
EIN: 273040834 · Des Plaines, IL · NTEE: B20
| Metric | Value |
|---|---|
| Total Revenue | $942K |
| Total Expenses | $748K |
| Net Assets | $917K |
Is Little Bulgarian School In Chicago Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Little Bulgarian School In Chicago
Little Bulgarian School In Chicago (EIN: 273040834) is a nonprofit organization based in Des Plaines, IL, classified under NTEE code B20. The organization reported total revenue of $942K and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Little Bulgarian School In Chicago's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Little Bulgarian School In Chicago is a small nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 15.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $837K |
| Total Expenses | $748K |
| Surplus / Deficit | +$89K |
| Total Assets | $2.3M |
| Total Liabilities | $1.3M |
| Net Assets | $917K |
| Operating Margin | 10.7% |
| Debt-to-Asset Ratio | 59.4% |
| Months of Reserves | 36.3 months |
Financial Health Grade: A
In 2023, Little Bulgarian School In Chicago reported a surplus of $89K with revenue exceeding expenses, holds 36.3 months of operating reserves (strong position), has a debt-to-asset ratio of 59.4% (high leverage).
Financial Trends
Over 11 years of filings (2013–2023), Little Bulgarian School In Chicago's revenue has grown at a compound annual growth rate (CAGR) of 15.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.4% | +7.5% | +8.6% |
| 2022 | -5.0% | +25.2% | -1.4% |
| 2021 | +30.5% | +6.6% | +8.8% |
| 2020 | -20.5% | -20.7% | +10.8% |
| 2019 | +30.6% | +72.2% | +225.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Little Bulgarian School In Chicago 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 Little Bulgarian School In Chicago 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 surplus of $89K, with revenue exceeding expenses.
- Debt-to-asset ratio: 59.4%.
Frequently Asked Questions about Little Bulgarian School In Chicago
Is Little Bulgarian School In Chicago a legitimate charity?
Little Bulgarian School In Chicago (EIN: 273040834) is a registered tax-exempt nonprofit based in Illinois. It has 11 years of IRS 990 filings on record. Total revenue: $942K. No red flags identified. Financial health grade: A.
How does Little Bulgarian School In Chicago spend its money?
Little Bulgarian School In Chicago reported $942K in total revenue in IRS 990 filings. 11 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Little Bulgarian School In Chicago tax-deductible?
Little Bulgarian School In Chicago is registered as a tax-exempt nonprofit (EIN: 273040834). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Little Bulgarian School In Chicago located?
Little Bulgarian School In Chicago is headquartered in Des Plaines, Illinois and files with the IRS under EIN 273040834. It is classified under NTEE code B20.
How many years of IRS 990 filings does Little Bulgarian School In Chicago have?
Little Bulgarian School In Chicago has 11 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 $942K in total revenue.
Filing History
IRS 990 filing history for Little Bulgarian School In Chicago showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Little Bulgarian School In Chicago's revenue has grown by 333.6%, moving from $193K to $837K. Total assets increased by 2822.6% over the same period, from $77K to $2.3M. Total functional expenses rose by 386.8%, from $154K to $748K. In its most recent filing year (2023), Little Bulgarian School In Chicago reported a surplus of $89K, with revenue exceeding expenses. The organization holds $1.3M in liabilities against $2.3M in assets (debt-to-asset ratio: 59.4%), resulting in net assets of $917K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $837K | $748K | $2.3M | $1.3M | — | — |
| 2022 | $696K | $695K | $2.1M | $1.3M | — | — |
| 2021 | $732K | $555K | $2.1M | $1.3M | — | View 990 |
| 2020 | $561K | $521K | $1.9M | $1.3M | — | — |
| 2019 | $706K | $657K | $1.7M | $1.2M | — | View 990 |
| 2018 | $541K | $382K | $537K | $795 | — | View 990 |
| 2017 | $488K | $344K | $377K | $0 | — | View 990 |
| 2016 | $371K | $280K | $234K | $0 | — | View 990 |
| 2015 | $286K | $251K | $143K | $0 | — | View 990 |
| 2014 | $263K | $232K | $108K | $0 | — | View 990 |
| 2013 | $193K | $154K | $77K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $837K, expenses of $748K, and assets of $2.3M (revenue +20.4% year-over-year).
- 2022: Revenue of $696K, expenses of $695K, and assets of $2.1M (revenue -5.0% year-over-year).
- 2021: Revenue of $732K, expenses of $555K, and assets of $2.1M (revenue +30.5% year-over-year).
- 2020: Revenue of $561K, expenses of $521K, and assets of $1.9M (revenue -20.5% year-over-year).
- 2019: Revenue of $706K, expenses of $657K, and assets of $1.7M (revenue +30.6% year-over-year).
- 2018: Revenue of $541K, expenses of $382K, and assets of $537K (revenue +10.8% year-over-year).
- 2017: Revenue of $488K, expenses of $344K, and assets of $377K (revenue +31.4% year-over-year).
- 2016: Revenue of $371K, expenses of $280K, and assets of $234K (revenue +29.7% year-over-year).
- 2015: Revenue of $286K, expenses of $251K, and assets of $143K (revenue +8.8% year-over-year).
- 2014: Revenue of $263K, expenses of $232K, and assets of $108K (revenue +36.2% year-over-year).
- 2013: Revenue of $193K, expenses of $154K, and assets of $77K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Little Bulgarian School In Chicago:
Data Sources and Methodology
This transparency report for Little Bulgarian School In Chicago 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.