AMERICAN UNIVERSITY IN BULGARIA

EIN: 010466768 501(c)(3) International Affairs

Houston, TX

Total Revenue
$33,062,000
Total Expenses
$3,914,000
Total Assets
$76,617,000
Net Assets
$76,548,000
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
ME
Principal Officer
Jay Daniel Mininger
Phone
3163051256
Tax Period
2024-07-01 to 2025-06-30

AMERICAN UNIVERSITY IN BULGARIA, founded in 1991, is a mid-sized nonprofit in the International Affairs sector that reported $33.1M in total revenue in fiscal year 2024. Revenue surged 861% from the prior year, signaling strong growth momentum. The organization ran a surplus of $29.1M, a strong 88% operating margin.

Mission

The mission of the American University in Bulgaria is to educate democratic citizens for leadership, service, and personal and professional success.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $32,248,000
Program Service Revenue $675,000
Investment Income $139,000
Other Revenue $0
TOTAL REVENUE $33,062,000

Expense Breakdown

Grants Paid $1,179,000
Salaries & Benefits $1,715,000
Fundraising Expenses $335,000
Program Expenses $2,821,000
Other Expenses $1,020,000
TOTAL EXPENSES $3,914,000

Year-over-Year Comparison

2024 2023 Change
Revenue $33,062,000 $3,439,000 +8.6%
Expenses $3,914,000 $3,775,000 +0.0%
Net Income $29,148,000 $-336,000 -87.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
17
Independent Members
17
Employees
21
Volunteers
17

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$714,940
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Margaret Mary Ensign President 39
Officer
$366,667 $4,159 $370,826
Susan Johnson Senior VP of Development 39
Officer
$181,900 $4,756 $186,656
Jay Daniel Mininger Provost, Interim President 39
Officer
$146,451 $11,007 $157,458
Michael Marvin Chair (until February 2025) 1
Director
$0 $0 $0
Christopher Potts Chair (since February 2025) 1
Director
$0 $0 $0
Victoria Entwistle Deputy Chair 1
Director
$0 $0 $0
Angela Rodel Trustee 1
Director
$0 $0 $0
Richard Van Horne Trustee 1
Director
$0 $0 $0
Jenik Radon Trustee 1
Director
$0 $0 $0
Kim Sawyer Trustee 1
Director
$0 $0 $0
Julian Milev Trustee 1
Director
$0 $0 $0
Dimitar Tsotsorkov Trustee 1
Director
$0 $0 $0
Kathryn Loosemore Trustee 1
Director
$0 $0 $0
David Cleave Trustee 1
Director
$0 $0 $0
Ralitza Nikolaeva Trustee 1
Director
$0 $0 $0
Svetoslav Georgiev Trustee 1
Director
$0 $0 $0
Elvin Guri Trustee 1
Director
$0 $0 $0
Dobrin Staikov Trustee 1
Director
$0 $0 $0
Svetozar Georgiev Trustee 1
Director
$0 $0 $0
Valya Nadova Trustee 1
Director
$0 $0 $0
Petya Stoycheva Trustee 1
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $33,062,000 $3,914,000 $76,617,000 $29,148,000
2024 $3,439,000 $3,775,000 $39,941,000 $-336,000
2023 $2,819,000 $3,137,000 $33,098,000 $-318,000
2022 $2,296,000 $3,288,000 $31,431,000 $-992,000
2021 $1,165,000 $3,353,000 $36,127,000 $-2,188,000
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