Public Charity

American Foundation for Bulgaria Inc

American Foundation for Bulgaria Inc is a nonprofit organization categorized as Public Charity based in BOSTON, MA. Its most recent IRS filing (2024) reports revenue of $697K, expenses of $752K, total assets of $1.8M. Imperigo tracks 7 reported grant relationships connected to this organization totaling approximately $94K.

EIN: 200361839 BOSTON, MA Educational Services NTEE: B90 Latest filing: 2024
Total Revenue$697K
Total Expenses$752K
Total Assets$1.8M
Grant Records7
Funding Total$94K
Filing Years2019–2024

Mission

Promote a broader understanding of Bulgaria by Americans.

Where $100 goes at American Foundation for Bulgaria Inc

How American Foundation for Bulgaria Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$94 Programs the work itself
$6 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $94 for programs

$47
To sponsor and organize conferences, seminars in the field of sciences, arts and culture as well as facilitate exchange between Bulgaria and the USA in the above
50% of program spending
$47
To sponsor reseach and educational and cultural projects in both Bulgaria and the USA
About 50% (cost not reported)
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Director Alexey Hristov
Director Elena Poptodorova
Director Kathleen T Bailey
Director Peter Boyvalenkov
Director Svetoslav Ovcharov
Executive Director Theodore Vassilev

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$59,432 4 grants
Unspecified
$35,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $697K $752K $1.8M
2023 $726K $793K $1.9M
2022 $555K $642K $1.9M
2020 $527K $591K $2.1M
2019 $637K $829K $2.2M

Between 2019 and 2024, reported annual revenue grew from $637K to $697K (+9%), with total assets most recently reported at $1.8M.

Interactive year-over-year charts and full filing details available with membership.

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