2024-11-15T16:43:40-07:00 2023-12-31 262176601 EASY OFFICE DBA JITASA 1120 S RACKHAM WAY SUITE 300 MERIDIAN ID 83642 990 2023-01-01 833952884 BULGARIA INNOVATION HUB INC BULG 6505763951 639 LAIRD LN LAFAYETTE CA 94549 PAVLINA YANAKIEVA EXECUTIVE DIRECTOR 2024-11-15 1 1 JEREMY CORK P01544850 2082874777 2024-11-15 2023 2024-10-15 13:58:12Z PAVALINA YANAKIEVA 639 LAIRD LN LAFAYETTE CA 94549 267003 0 X WWW.BGHUB.IO X 2019 CA DRIVING INNOVATION, GROWTH, AND HUMAN DEVELOPMENT THROUGH KNOWLEDGE EXCHANGE AND CROSS-CULTURAL COLLABORATION. 4 3 1 25 0 0 115936 212312 34726 54691 0 0 0 0 150662 267003 150662 0 0 0 0 183919 210115 0 46750 77601 104159 438378 288078 -287716 -21075 44474 24301 58883 59785 -14409 -35484 DRIVING INNOVATION, GROWTH, AND HUMAN DEVELOPMENT THROUGH KNOWLEDGE EXCHANGE AND CROSS-CULTURAL COLLABORATION. 0 0 81442 0 54691 BULGARIA INNOVATION HUB-ACCELERATOR PROGRAM - OVER THE PAST YEAR, BIH HAS SUCCESSFULLY COMPLETED TWO ACCELERATOR PROGRAMS-ONE IN THE SPRING OF 2023, AND ONE IN THE FALL, BOTH HELD IN A HYBRID FORMAT, VIRTUAL (VIA ZOOM) AND IN-PERSON IN SAN FRANCISCO FOR THE LAST WEEK OF THE PROGRAM. THE PROGRAM PROVIDED ENTREPRENEURIAL AND BUSINESS EDUCATION TO 10 COMPANIES AND OVER 40 ENTREPRENEURS. THE PROGRAM'S IMPACT CONTRIBUTED TO THE CREATION OF 300+ NEW JOBS ACROSS BULGARIA, SOUTHEASTERN EUROPE, AND THE UNITED STATES. WE EXPANDED OUR GLOBAL MENTOR NETWORK BY RECRUITING MORE THAN 45 NEW MENTORS, EACH BRINGING EXTENSIVE ENTREPRENEURIAL AND INDUSTRY EXPERTISE TO SUPPORT FOUNDERS. ADDITIONALLY, BIH HOSTED EDUCATIONAL AND NETWORKING EVENTS IN BOTH BULGARIA AND THE US, FOSTERING KNOWLEDGE EXCHANGE AND STRENGTHENING CROSS-CULTURAL COLLABORATION BETWEEN THE US AND SOUTHEASTERN EUROPEAN ENTREPRENEURIAL ECOSYSTEMS. THE PROGRAM CONTINUES TO BRIDGE THE KNOWLEDGE AND NETWORK GAP BETWEEN BULGARIA, CEE AND SILICON VALLEY, POSITIONING THE REGION AS A PROMISING TECHNOLOGY AND INNOVATION HUB FOR US INVESTORS AND PARTNERS. 122162 0 0 OUTREACH AND EDUCATION - BIH ORGANIZATION'S CORE PROGRAM PROVIDES IMPACTFUL EDUCATION AND OUTREACH TO EMPOWER HIGH-IMPACT ENTREPRENEURS TO BECOME GLOBAL LEADERS WHO CREATE SOCIAL AND ECONOMIC IMPACT IN BULGARIA, CEE, AND BEYOND. EDUCATIONAL ACTIVITIES INCLUDE WORKSHOPS, TRAINING SESSIONS, AND EVENTS TO BUILD ESSENTIAL SKILLS, WITH EXPENSES COVERING VENUE RENTAL, CATERING, MATERIALS, AND VIDEO PRODUCTION FOR PROGRAM CURRICULUM. THESE RESOURCES CREATE ACCESSIBLE LEARNING OPPORTUNITIES FOR OUR PARTICIPANTS. OUR OUTREACH STRATEGY LEVERAGES SOCIAL MEDIA, NEWSLETTERS, AND CONTENT MANAGEMENT PARTNERSHIPS TO EXPAND OUR REACH AND ENGAGE OUR COMMUNITY. COLLABORATIONS LIKE RECURSIVE SUPPORT CONSISTENT COMMUNICATION AND BROADER IMPACT. THESE OUTREACH AND EDUCATION INITIATIVES ARE CRUCIAL IN FULFILLING OUR MISSION AND DRIVING POSITIVE OUTCOMES IN OUR COMMUNITY. 0 0 0 203604 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 6 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 CA X X PAVLINA YANAKIEVA 6505763951 639 LAIRD LN LAFAYETTE CA 94549 PAVLINA YANAKIEVA EXECUTIVE DIRECTOR 40 X X 151350 0 0 BOGOMIL BALKANSKY PRESIDENT 3 X X 0 0 0 VASSIL TERZIEV SECRETARY 3 X X 0 0 0 IVAN DIMOV TREASURER 3 X X 0 0 0 151350 0 0 1 0 1 0 0 0 0 0 0 1000 211312 0 212312 PROGRAM SERVICE FEES 611430 54691 54691 0 0 0 0 0 0 54691 0 0 0 0 0 0 267003 54691 0 0 150000 112500 7500 30000 20458 20458 13461 10096 673 2692 11245 11245 12290 12290 3724 2714 285 725 402 183 219 1362 1091 135 136 21214 18032 3182 21131 14951 6180 1453 1453 627 627 6054 5146 303 605 PROGRAM EXPENSES 17728 17728 0 0 DUES AND SUBSCRIPTIONS 5894 705 2178 3011 BANK CHARGES AND PROCESSING FEES 1035 0 1035 0 288078 203604 37724 46750 44474 21023 380 3525 627 2898 44474 24301 3176 56609 58883 58883 59785 X -14409 -74330 0 38846 -14409 -35484 44474 24301 -21075 0 0 0 0 0 X 0 0 0 X 140150 50000 248633 115936 212312 767031 67975 71000 34726 54691 228392 140150 117975 319633 150662 267003 995423 83650 5000 15000 49972 153622 41500 50000 53166 47419 192085 125150 55000 53166 62419 49972 345707 649716 140150 117975 319633 150662 267003 995423 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 0 3525 627 2898 0 0 0 0 2898 Europe (including Iceland and Greenland) 1 Program Services CONSULTANCY SERVICES 20458 0 1 20458 0 0 0 0 0 0 X X X 0 0 0 0 0 0 0 0 0 PAVLINA YANAKIEVA EXECUTIVE DIRECTOR 150000 0 0 0 1350 0 0 0 0 0 151350 0 0 0 Form 990, Part VI, Section B, Line 11b THE PROCESS IS A DRAFT OF THE TAX RETURN IS PREPARED AND REVIEWED BY THE EXECUTIVE DIRECTOR, CORPORATE ATTORNEY AND TAX PREPARER. THE TAX RETURNS ARE THEN PROVIDED TO THE BOARD. Form 990, Part VI, Section B, Line 12c THE ORGANIZATION REGULARLY MONITORED AND ENFORCED COMPLIANCE WITH ITS POLICIES THROUGH A STRUCTURED REVIEW PROCESS, ENSURING THAT THEY WERE CONSISTENTLY UPHELD THROUGHOUT THE YEAR. Form 990, Part VI, Section B, Line 15 DURING THE ANNUAL REVIEW OF THE EXECUTIVE DIRECTOR PERFORMANCE, THE TREASURER CONSIDERS COMPENSATION FROM OTHER NON-PROFIT ORGANIZATIONS AND RECOMMENDS THE ANNUAL SALARY AND BENEFITS TO THE BOARD. THE BOARD THEN REVIEWS THE TREASURERS RECOMMENDATIONS AND MAKES ITS DECISION. Form 990, Part VI, Section C, Line 19 THE ORGANIZATION PROVIDES COMPLETE COPIES OF THE FORMS UPON REQUEST. FORM 990S CAN BE ACCESSED VIA IRS.GOV AND GUIDESTAR.ORG.