Bulgarian-American Cultural Educational Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 64,484 | 64,837 | −353 | 8.6 | — |
| 2020 | 51,622 | 61,974 | −10,352 | 7.0 | — |
| 2021 | 59,459 | 49,371 | 10,088 | 11.3 | — |
| 2022 | 57,688 | 69,926 | −12,238 | 5.8 | — |
| 2023 | 61,238 | 67,983 | −6,745 | 4.8 | — |
In its most recent public year (2023), this organization spent $6,745 more than it brought in. Its reserves stood at about 4.8 months of spending, down from 8.6 in 2019.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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