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Nonprofit · EIN 47-3221061

BULGARIAN EDUCATION CENTER CO

Tax-exempt · NANTUCKET, MA 02554

Financials

$63K$67K2023$86K$62K2024$78K$85K2025
Revenue Expenses · by fiscal year end
Financials of BULGARIAN EDUCATION CENTER CO by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$77,515$85,398-$7,883$88,728–$88,728
December 31, 2024990-EZ$85,955$62,179$23,776$96,611–$96,611
December 31, 2023990-EZ$62,791$67,326-$4,535$72,942$107$72,835
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$33,637
Program service revenue
$29,239
Net income from fundraising events
$14,639

Expenses

Compensation of officers, directors and key employees
$48,720
Salaries, compensation and benefits (total)
$58,164
Professional fees and payments to contractors
$3,000
Other expenses
$24,234
Program services (functional)
$81,735

Balance sheet and other

Total assets, start of year
$96,611
Total assets, end of year
$88,728
Total liabilities, end of year
–
Net assets, end of year
$88,728
Cash, savings and investments
$88,710
Gross receipts
$77,515

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-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Zhaneta AvramovaDirector5$20,600
Virginia KostadinovaDirector5$14,060
Gergana NeikovaDirector5$14,060
990-EZ for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
Virginia KostadinovaDirector5$11,550
Gergana NeikovaDirector5$11,550
Zhaneta AvramovaDirector5$5,000
990-EZ for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
Virginia KostadinovaDirector5$10,000
Gergana NeikovaDirector5$10,000
Zhaneta AvramovaDirector5$10,000

Address and contacts

Address (IRS master file)
9 WAYDALE RD APT A, NANTUCKET, MA 02554-4183
In care of
% VIRGINIA KOSTADINOVA
Signed the 990-EZ
Virginia Kostadinova, President
Phone
(508) 901-1360
Return prepared by
CONLEY & WOOD PC

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.

990-EZ for the year ended December 31, 2025

Program accomplishments

  • The Organization provides Saturday afternoon classes for total of 30 weeks which start September of each year.
    Expenses $81,735 · grants $21,833

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
47-3221061
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B90)
Assets (IRS master file)
$88,728
Income (IRS master file)
$77,515

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$77,515$85,398$88,728XML
990-EZDecember 2024$85,955$62,179$96,611XML
990-EZDecember 2023$62,791$67,326$72,942XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2018–––IRS

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 47-3221061).

Questions about BULGARIAN EDUCATION CENTER CO

What is the EIN of BULGARIAN EDUCATION CENTER CO?
The employer identification number (EIN) of BULGARIAN EDUCATION CENTER CO is 47-3221061.
Is BULGARIAN EDUCATION CENTER CO tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to BULGARIAN EDUCATION CENTER CO tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BULGARIAN EDUCATION CENTER CO 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 BULGARIAN EDUCATION CENTER CO due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BULGARIAN EDUCATION CENTER CO last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of BULGARIAN EDUCATION CENTER CO?
The 990-EZ for the year ended December 31, 2025 lists 3 people; 3 received compensation from the organization, the highest $20,600 (Zhaneta Avramova, Director).
How much revenue does BULGARIAN EDUCATION CENTER CO have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $77,515, expenses of $85,398 and total assets of $88,728 at year end.

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