Civic Intelligence

Bulgarian Educational and Cultural Centeraleko Ko

EIN 46-2647486 • 501(c)3 • Chicago, IL

Profile

Providing schooling and cultural activities related to bulgarian language and culture

5421 N East River RdChicago, IL 60656
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

14th percentile

-54%

Higher net margin than 14% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

81st percentile

$896

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 16.9% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

18th percentile

-58%

Faster asset growth than 18% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

11th percentile

-74%

Faster revenue growth than 11% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$489

Down $669 (-58%) from 2014

Liabilities

Down

$0

Down $920 (-100%) from 2014

Net Assets

Up

$489

Up $251 (+105%) from 2014

Revenue

Down

$5,315

Down $15,125 (-74%) from 2014

Expenses

Down

$8,189

Down $13,196 (-62%) from 2014

Net Income

Down

-$2,874

Down $1,929 (-204%) from 2014

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5K$1.0K$500$0Assets 2014: $1,158Liabilities 2014: $920Net Assets 2014: $2382014Assets 2015: $489Liabilities 2015: $0Net Assets 2015: $4892015

Highlighted filing

2015

Assets$489
Liabilities$0
Net Assets$489

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30K$20K$10K$0-$10KRevenue 2014: $20,440Expenses 2014: $21,385Net Income 2014: -$9452014Revenue 2015: $5,315Expenses 2015: $8,189Net Income 2015: -$2,8742015

Highlighted filing

2015

Revenue$5,315
Expenses$8,189
Net Income-$2,874

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Apr 27, 2016
Return Version
2015v2.1
Gross Receipts
$5,315
Mission and Program Overview

Mission

Providing schooling and cultural activities related to bulgarian language and culture

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$489-
Rtn Earn Endowment Incm Other Fnds-$489-
Total Assets$0$489▲ $489
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$489▲ $489
Total Liabilities and Net Assets / Fund Balance$0$489▲ $489
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Rumyana KolevaTeacherPT$896$896
Elena LipkovaTeacherPT$875$875

Board Members and Trustees

NameTitle
Radoslav KirilovPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$5,315
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-2,874
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,653
Salaries, Compensation, and Employee Benefits$2,536
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$4,415--$4,415
Current Officers, Directors, Trustees, and Key Employees$2,536--$2,536
Insurance$694--$694
Fees for Services Accounting$285--$285
Office Expenses$229--$229
Other Expenses$20--$20
Total Functional Expenses$8,189$0$0$8,189
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

Presented to board of directors

Conflict of interest policy compliance Part VI line 12C

REGULAR REVIEW

CEO executive director top management comp Part VI line 15A

Review and approval by a governing body and conflict of interest regarding compensation arangements at issue

Other officer or key employee compensation Part VI line 15B

Review and approval by a governing body and conflict of interest regarding compensation arangements at issue

Governing documents etc available to public Part VI line 19

Presented at anyone request

Filing and Contact Details

Filer

Filer Name
Bulgarian Educational and Cultural Centeraleko Ko
EIN
46-2647486
Address
5421 N EAST RIVER RD, Chicago, IL 60656

Signing Officer

Name
Radoslav Kirilov
Title
President
Phone
7739346810
Signed
2016-04-27
Discuss with paid preparer
Yes

Organization Details

Formed
2013
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
0
Employees
0

Preparer

Firm
Savina Tzankova CPA
Address
4112 Scott St, Schiller Park, IL 60176
Preparer
Savina Tzankova
Phone
8476603061
Raw XML Appendix263 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02013
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt05315
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
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IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt0694
IRS990/InsuranceGrp/TotalAmt0694
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd0false
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IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt04415
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IRS990/OfficeExpensesGrp/ProgramServicesAmt0229
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IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0LICENCE
IRS990/OtherExpensesGrp/Desc1BANK FEES
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IRS990/OtherExpensesGrp/ProgramServicesAmt120
IRS990/OtherExpensesGrp/TotalAmt010
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IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
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IRS990/PriorPeriodAdjustmentsAmt03363
IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05315
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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-2874
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IRS990/RevenueAmt06519
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ReturnHeader/BuildTS02016-09-27 15:27:22Z
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ReturnHeader/Filer/BusinessNameControlTxt0BULG
ReturnHeader/Filer/EIN0462647486
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ReturnHeader/Filer/USAddress/ZIPCd060656
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ReturnHeader/PreparerPersonGrp/PreparationDt02016-04-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SAVINA TZANKOVA
ReturnHeader/ReturnTs02016-04-27T18:46:05-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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