American Research Center in Bulgaria Inc
Nonprofit profile at a glance
- EIN
- 473141019
- IRS 990-EZ coverage
- 2015–2024
- Forms available
- Form 990 2022, Form 990-EZ 2024
- Location
- Herndon, VA, USA
- Phone
- 6072799668
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Research Institutes and/or Public Policy Analysis
Reported finances
- Revenue
- $45,017
- Expenses
- $44,778
- Assets
- $247
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- NORA DIMITROVA CLINTON (PRESIDENT)
People named in this filing
- NORA DIMITROVA CLINTON (PRESIDENT)
- KEVIN MICHAEL CLINTON (VICE PRESIDE)
- ANDREY KOVATCHEV (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose of the american research center in bulgaria, inc. (arcb) is to provide support to: (1) the american research center in sofia, a non-profit foundation organized, registered, and operating under the laws of bulgaria; (2) support american scholars and academic researchers in the field of the humanities and social sciences in bulgaria; (3) facilitate collaboration and cooperation between scholars from north america, bulgaria, and countries from southeastern europe (including romania, greece, albania, kosovo, macedonia, serbia and montenegro, and turkey).
What it reported doing in 2024
During 2024, the american research center in bulgaria, inc. (arcb) continued to fulfill its mission. Arcb sponsored projects and events in the united states and provided grants to its partner organization in bulgaria, the american research center in sofia foundation (arcs) as well as the bulgarian studies association. The following text is a brief description of arcbs significant accomplishments: support to the arcs academic program, library, and other activities arcb provided grants to arcs in support of its various programs and activities, notably: hosting international scholars and students at its facilities in sofia and providing them with the logistical support necessary to conduct their research in bulgaria; maintaining and enhancing its unique library collection, freely available to the public; continuing its cooperation with cultural and academic institutions: o in the united states, the arcb officers and directors had a highly productive year, including numerous trips and events. In march, arcb co- founders drs. Nora and kevin clinton received a donation of archival materials from the voice of america pertaining to the cold war and were treated to an engaging vip tour of the voa building. The arcb directors and officers conducted multiple in-person and virtual meetings throughout 2024 with arcb friends and guests (notably, philip dimitrov, antonina duridanova, andrew bernstein, beatrice tolidjian, christo marinov, michael gloukhov, dobrinka droumeva, christopher wright, boyko antonov, pete kristofferson, and many other arcb supporters). O in bulgaria, arcs and arcb co-sponsored various cultural events, including a lecture in june by the arcb president dr. Nora clinton on the historic origins of campus anti-semitism today and how to disarm it. The lecture was delivered in the prestigious grand salon of the bulgarian academy of sciences and co-sponsored by the shalom organization of the jews in bulgaria.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 74% for direct work, and 26% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 100
- Sustainability: 30
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 82.7%; rating input score 83
- Program expense ratio: 83.2%; rating input score 83
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 0.5%; rating input score 47; 47th percentile among comparable filings
- Total-asset coverage ratio: 0.01; rating input score 5; 5th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -12.5% per year; rating input score 0; 24th percentile among comparable filings
- Revenue growth: -14.4% per year; rating input score 0; 19th percentile among comparable filings
- Asset growth: -24.6% per year; rating input score 0; 8th percentile among comparable filings
Details
- Where the money goes: 82.7% of revenue deployed · 83.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $37K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 8 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 5/100.
- Moderate — Sustainability: Operating margin scored 47/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.