Civic Intelligence

Bulgarian Education Center Co

990EZ • Fiscal year 2016 • EIN 47-3221061

Jan 01, 2016 to Dec 31, 2016 • Filed on Mar 03, 2017

Organization Profilebgackschool.com
9 Waydale Ave Apt ANantucket, MA 02554

(508) 901-1360

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

74th percentile

0.07x

Higher debt load relative to assets than 74% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

72nd percentile

0.03x

Higher debt load relative to revenue than 72% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

65th percentile

11%

Higher net margin than 65% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

76th percentile

$2,990

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 14.7% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

83rd percentile

44%

Faster asset growth than 83% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

16th percentile

-32%

Faster revenue growth than 16% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets74th percentile

Assets

Up

$9,165

Up $2,817 (+44%) from 2015

Net Assets

Up

$8,565

Up $2,217 (+35%) from 2015

Liabilities

$600

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue72nd percentileNet Margin65th percentile

Revenue

Down

$20,395

Down $9,413 (-32%) from 2015

Expenses

Down

$18,178

Down $5,282 (-23%) from 2015

Net Income

Down

$2,217

Down $4,131 (-65%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth83rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100K$50K$0Assets 2015: $6,348Net Assets 2015: $6,3482015Assets 2016: $9,165Liabilities 2016: $600Net Assets 2016: $8,5652016Assets 2017: $13,334Net Assets 2017: $13,3342017Assets 2018: $27,974Liabilities 2018: $130Net Assets 2018: $27,8442018Assets 2019: $36,812Net Assets 2019: $36,8122019Assets 2020: $46,517Liabilities 2020: $1,625Net Assets 2020: $44,8922020Assets 2021: $62,738Liabilities 2021: $1,640Net Assets 2021: $61,0982021Assets 2022: $78,898Liabilities 2022: $1,528Net Assets 2022: $77,3702022Assets 2023: $72,942Liabilities 2023: $107Net Assets 2023: $72,8352023Assets 2024: $96,611Net Assets 2024: $96,6112024

Highlighted filing

2016

Assets$9,165
Liabilities$600
Net Assets$8,565
Open 2016 Filing

Operations Trend

Revenue Growth16th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KRevenue 2015: $29,808Expenses 2015: $23,460Net Income 2015: $6,3482015Revenue 2016: $20,395Expenses 2016: $18,178Net Income 2016: $2,2172016Revenue 2017: $32,470Expenses 2017: $27,701Net Income 2017: $4,7692017Revenue 2018: $49,269Expenses 2018: $34,759Net Income 2018: $14,5102018Revenue 2019: $52,006Expenses 2019: $43,038Net Income 2019: $8,9682019Revenue 2020: $47,867Expenses 2020: $39,787Net Income 2020: $8,0802020Revenue 2021: $58,735Expenses 2021: $42,529Net Income 2021: $16,2062021Revenue 2022: $71,070Expenses 2022: $54,798Net Income 2022: $16,2722022Revenue 2023: $62,791Expenses 2023: $67,326Net Income 2023: -$4,5352023Revenue 2024: $85,955Expenses 2024: $62,179Net Income 2024: $23,7762024

Highlighted filing

2016

Revenue$20,395
Expenses$18,178
Net Income$2,217
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Mar 3, 2017
Return Version
2016v3.0
Gross Receipts
$20,395
Mission and Program Overview

Mission

Raising funds and donations to generate monies to engage in the education of children. The monies raised after the operating costs will be dedicated to an exempt charity under the internal revenue code section 501 (c)(3)and also in accordance with massachusetts general law under the jurisdiction of the massachusetts courts.

Program Services

DescriptionGrantsExpenses
The Organization provides Saturday afternoon classes for total of 30 weeks which start September of each year.$17,802-
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lora NikolovaClerkPT$2,990-$2,990
Gergana NeikovaTreasurerPT$1,495-$1,495
Virginia KostadinovaPresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Bulgarian Education Center Co
EIN
47-3221061
Phone
5089011360
Address
9 Waydale Ave Apt A, Nantucket, MA 02554

Signing Officer

Name
Virginia Kostadinova
Title
President
Signed
2017-03-03
Discuss with paid preparer
Yes

Preparer

Firm
Conley & Wood PC
Address
939 Washington Street, South Easton, MA 02375
Preparer
Mark R Conley CPA
Phone
5082384444
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $2856”

Other Expenses.1007

“Conferences, Conventions, and Meetings $257”

Other Expenses.1012

“Insurance $875”

Total Liabilities.1

“Accounts payable - Beginning $0 Accounts payable - Ending $600”

Raw XML Appendix140 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Virginia Kostadinova
IRS990EZ/BooksInCareOfDetail/PhoneNum05089011360
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt09 Waydale Ave Apt A
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Nantucket
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002554
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt06348
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt09165
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt04250
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt02217
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01540
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt06348
IRS990EZ/Form990TotalAssetsGrp/EOYAmt09165
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt020395
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt06348
IRS990EZ/NetAssetsOrFundBalancesEOYAmt08565
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt06348
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt08565
IRS990EZ/OccupancyRentUtltsAndMaintAmt02400
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt11495
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt22990
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Virginia Kostadinova
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Gergana Neikova
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Lora Nikolova
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Clerk
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt03988
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0RAISING FUNDS AND DONATIONS TO GENERATE MONIES TO ENGAGE IN THE EDUCATION OF CHILDREN. THE MONIES RAISED AFTER THE OPERATING COSTS WILL BE DEDICATED TO AN EXEMPT CHARITY UNDER THE INTERNAL REVENUE CODE SECTION 501 (C)(3)AND ALSO IN ACCORDANCE WITH MASSACHUSETTS GENERAL LAW UNDER THE JURISDICTION OF THE MASSACHUSETTS COURTS.
IRS990EZ/ProgramServiceRevenueAmt016145
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The Organization provides Saturday afternoon classes for total of 30 weeks which start September of each year.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt017802
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt010250
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0600
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt018178
IRS990EZ/TotalProgramServiceExpensesAmt017802
IRS990EZ/TotalRevenueAmt020395
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0http://bgackschool.com/
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt02601
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt011942
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt014543
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt016145
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt014035
IRS990ScheduleA/OtherIncome509Grp/TotalAmt030180
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt014543
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02601
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt011942
IRS990ScheduleA/Total509Grp/TotalAmt014543
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt018746
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt025977
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt044723
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $2856
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Conferences, Conventions, and Meetings $257
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $875
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Accounts payable - Beginning $0 Accounts payable - Ending $600
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1007
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Total Liabilities.1
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Virginia Kostadinova
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-03-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Bulgarian Education Center Co
ReturnHeader/Filer/BusinessNameControlTxt0BULG
ReturnHeader/Filer/EIN0473221061
ReturnHeader/Filer/PhoneNum05089011360
ReturnHeader/Filer/USAddress/AddressLine1Txt09 Waydale Ave Apt A
ReturnHeader/Filer/USAddress/CityNm0Nantucket
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002554
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Conley & Wood PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0939 Washington Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0South Easton
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002375
ReturnHeader/PreparerPersonGrp/PhoneNum05082384444
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Mark R Conley CPA
ReturnHeader/ReturnTs02017-03-03T09:37:08-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,165
Liabilities
$600
Net assets
$8,565
Revenue
$20,395
Expenses
$18,178
Net income
$2,217
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$96.6$96.6$86.0$62.2$23.8
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$72.9$0.11$72.8$62.8$67.3$4.54
2022Detailed filing. Detailed filing data is available for this year.$78.9$1.53$77.4$71.1$54.8$16.3
2021Detailed filing. Detailed filing data is available for this year.$62.7$1.64$61.1$58.7$42.5$16.2
2020Detailed filing. Detailed filing data is available for this year.$46.5$1.63$44.9$47.9$39.8$8.08
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$36.8$36.8$52.0$43.0$8.97
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.0$0.13$27.8$49.3$34.8$14.5
2017Detailed filing. Detailed filing data is available for this year.$13.3$13.3$32.5$27.7$4.77
2016Detailed filing. Detailed filing data is available for this year.$9.17$0.60$8.57$20.4$18.2$2.22
2015Detailed filing. Detailed filing data is available for this year.$6.35$6.35$29.8$23.5$6.35