Nonprofit · EIN 47-3221061
BULGARIAN EDUCATION CENTER CO
Tax-exempt · NANTUCKET, MA 02554
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $77,515 | $85,398 | -$7,883 | $88,728 | – | $88,728 |
| December 31, 2024 | 990-EZ | $85,955 | $62,179 | $23,776 | $96,611 | – | $96,611 |
| December 31, 2023 | 990-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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Zhaneta Avramova | Director | 5 | $20,600 |
| Virginia Kostadinova | Director | 5 | $14,060 |
| Gergana Neikova | Director | 5 | $14,060 |
990-EZ for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Virginia Kostadinova | Director | 5 | $11,550 |
| Gergana Neikova | Director | 5 | $11,550 |
| Zhaneta Avramova | Director | 5 | $5,000 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Virginia Kostadinova | Director | 5 | $10,000 |
| Gergana Neikova | Director | 5 | $10,000 |
| Zhaneta Avramova | Director | 5 | $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
- Website
- http://bgackschool.com/
- 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.
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $77,515 | $85,398 | $88,728 | XML |
| 990-EZ | December 2024 | $85,955 | $62,179 | $96,611 | XML |
| 990-EZ | December 2023 | $62,791 | $67,326 | $72,942 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 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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