Civic Intelligence

Bulgarian Education Center Co

990EZ • Fiscal year 2019 • EIN 47-3221061

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 27, 2020

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

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

73rd percentile

17%

Higher net margin than 73% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

79th percentile

$6,254

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 12.0% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

78th percentile

32%

Faster asset growth than 78% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

57th percentile

5.6%

Faster revenue growth than 57% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$36,812

Up $8,838 (+32%) from 2018

Net Assets

Up

$36,812

Up $8,968 (+32%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin73rd percentile

Revenue

Up

$52,006

Up $2,737 (+5.6%) from 2018

Expenses

Up

$43,038

Up $8,279 (+24%) from 2018

Net Income

Down

$8,968

Down $5,542 (-38%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth78th 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

2019

Assets$36,812
Liabilities-
Net Assets$36,812
Open 2019 Filing

Operations Trend

Revenue Growth57th 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

2019

Revenue$52,006
Expenses$43,038
Net Income$8,968
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 27, 2020
Return Version
2019v5.0
Gross Receipts
$53,504
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.$40,000-
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Gergana NeikovaVice PresidentPT$6,254-$6,254
Virginia KostadinovaPresidentPT$6,000-$6,000
Zhaneta AvramovaSecretaryPT$5,987-$5,987
Ralitsa MitrakievaTreasurerPT$5,600-$5,600
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
2020-10-27
Discuss with paid preparer
Yes

Preparer

Firm
Conley & Wood Pc
Address
50 OLIVER ST STE W2, NORTH EASTON, MA 02356-1467
Preparer
Mark Conley
Phone
5082384444
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $1775”

Other Expenses.1005

“Travel $5826”

Other Expenses.1012

“Insurance $717”

Other Expenses.1

“Books $2261”

Other Expenses.2

“Utilities $530”

Other Expenses.3

“Supplies $493”

Other Expenses.4

“Small equipment $371”

Other Expenses.5

“Conferences $255”

Other Expenses.6

“Other business expenses $85”

Other Assets.1005

“Accounts Receivable - Beginning $4435 Accounts Receivable - Ending $8119”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $130 Accounts Payable and Accrued Expenses - Ending $0”

Raw XML Appendix174 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/BOYAmt023539
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt028693
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt032069
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt08968
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01588
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt027974
IRS990EZ/Form990TotalAssetsGrp/EOYAmt036812
IRS990EZ/FundraisingGrossIncomeAmt05255
IRS990EZ/GrossReceiptsAmt053504
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt027844
IRS990EZ/NetAssetsOrFundBalancesEOYAmt036812
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt027844
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt036812
IRS990EZ/OccupancyRentUtltsAndMaintAmt02600
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt35.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt06000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt16254
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt25600
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt35987
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Virginia Kostadinova
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Gergana Neikova
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Ralitsa Mitrakieva
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Zhaneta Avramova
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt04435
IRS990EZ/OtherAssetsTotalDetail/EOYAmt08119
IRS990EZ/OtherExpensesTotalAmt012313
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/PrintingPublicationsPostageAmt026
IRS990EZ/ProgramServiceRevenueAmt016180
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The Organization provides Saturday afternoon classes for total of 30 weeks which start September of each year.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt040000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt026511
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt01498
IRS990EZ/SpecialEventsNetIncomeLossAmt03757
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0130
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt043038
IRS990EZ/TotalProgramServiceExpensesAmt040000
IRS990EZ/TotalRevenueAmt052006
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0http://bgackschool.com/
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt032069
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt026907
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt011055
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt02601
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt011942
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt084574
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt016180
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt020021
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt016700
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt016145
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt014035
IRS990ScheduleA/OtherIncome509Grp/TotalAmt083081
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.50450
IRS990ScheduleA/PublicSupportTotal509Amt084574
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt032069
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt026907
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt011055
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02601
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt011942
IRS990ScheduleA/Total509Grp/TotalAmt084574
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt048249
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt046928
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt027755
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt018746
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt025977
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0167655
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $1775
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Travel $5826
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $717
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Books $2261
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Utilities $530
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Supplies $493
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Small equipment $371
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Conferences $255
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Other business expenses $85
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Accounts Receivable - Beginning $4435 Accounts Receivable - Ending $8119
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Accounts Payable and Accrued Expenses - Beginning $130 Accounts Payable and Accrued Expenses - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Assets.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Total Liabilities.1001
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Virginia Kostadinova
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-10-27
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/PreparerFirmEIN0043401628
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CONLEY & WOOD PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt050 OLIVER ST STE W2
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NORTH EASTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0023561467
ReturnHeader/PreparerPersonGrp/PhoneNum05082384444
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Mark Conley
ReturnHeader/ReturnTs02020-10-27T10:00:07-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$36,812
Liabilities
-
Net assets
$36,812
Revenue
$52,006
Expenses
$43,038
Net income
$8,968
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
2019Detailed filing. Detailed filing data is available for this year.$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
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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