Nonprofit · EIN 46-5192152
NEXT GENERATION BULGARIA FUND
Tax-exempt · MINNEAPOLIS, MN 55432
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $293,430 | $307,388 | -$13,958 | $107,983 | $0 | $107,983 |
| December 31, 2023 | 990-EZ | $113,481 | $81,978 | $31,503 | $121,941 | $0 | $121,941 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $293,430
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $306,968
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $307,388
Balance sheet and other
- Total assets, start of year
- $121,941
- Total assets, end of year
- $107,983
- Total liabilities, end of year
- $0
- Net assets, end of year
- $107,983
- Gross receipts
- $293,430
- Employees
- 0
- Year formed
- 2014
- State of legal domicile
- MN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Sarah Perrine | Chief Executive Officer Officer | 0 | $0 |
| Robert McCarthy | Chief Financial Officer Officer | 0 | $0 |
| Asen Parachkevov | Secretary Officer | 0 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Sarah Perrine | Chief Executive Officer | 1 | $0 |
| Robert McCarthy | Chief Financial Officer | 1 | $0 |
| Asen Parachkevov | Secretary | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 7362 UNIVERSITY AVE NE STE 310 # 5, MINNEAPOLIS, MN 55432-3150
- In care of
- % ROBERT MCCARTHY
- Mailing address (990-N for 2016)
- 64 Summit Ave, Bronxville NY 10708
- Principal officer (990 for 2024)
- Robert McCarthy, 64 Summit ave, Bronxville, NY 10708
- Principal officer (990-N for 2016)
- ROBERT MCCARTHY, 64 Summit Ave, Bronxville NY 10708
- Signed the 990
- ROBERT MCCARTHY, Chief Financial Officer
- Phone
- (917) 364-6197
- Return prepared by
- In Need Solutions LLC
Mission
Grants that support early childhood development, education, and increases in school success rates
Program accomplishments
- Grants to organizations that support early childhood development, education, and increases in school success rates.Expenses $307,388 · grants $306,968 · revenue $293,430
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 46-5192152
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $107,983
- Income (IRS master file)
- $293,430
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $293,430 | $307,388 | $107,983 | XML |
| 990-EZ | December 2023 | $113,481 | $81,978 | $121,941 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-N for 2016 Officer: ROBERT MCCARTHY | December 31, 2016 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 46-5192152).
Questions about NEXT GENERATION BULGARIA FUND
- What is the EIN of NEXT GENERATION BULGARIA FUND?
- The employer identification number (EIN) of NEXT GENERATION BULGARIA FUND is 46-5192152.
- Is NEXT GENERATION BULGARIA FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to NEXT GENERATION BULGARIA FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEXT GENERATION BULGARIA FUND file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NEXT GENERATION BULGARIA FUND due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEXT GENERATION BULGARIA FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of NEXT GENERATION BULGARIA FUND?
- The 990 for the year ended December 31, 2024 names Robert McCarthy.
- Who are the officers and directors of NEXT GENERATION BULGARIA FUND?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does NEXT GENERATION BULGARIA FUND have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $293,430, expenses of $307,388 and total assets of $107,983 at year end.
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