BULGARIAN TRADITIONS

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

PETER GEORGIEV

Phone

8479623140

Tax Period

2025-01-01 to 2025-12-31

BULGARIAN TRADITIONS, founded in 2018, is a small nonprofit in the Arts, Culture & Humanities sector that reported $157K in total revenue in fiscal year 2025. Expenses of $179K exceeded revenue, resulting in a 14% operating deficit.

Mission

BULGARIAN CULTURAL PRESERVATION AND EDUCATION IN THE LOCAL BULGARIAN COMMUNITY. ORGANIZING ART AND VARIOUS CULTURAL EXHIBITIONS. ORGANIZING FOLK DANCE FESTIVALS.

Program Service Accomplishments

Program 1

Expenses: $178,875 Revenue: $156,574

BULGARIAN CULTURAL PRESERVATION AND EDUCATION IN THE LOCAL BULGARIAN COMMUNITY. ORGANIZING ART AND VARIOUS CULTURAL EXHIBITIONS. ORGANIZING FOLK DANCE FESTIVALS.

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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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $37,032

Program Service Revenue $91,575

Investment Income $2

Other Revenue $27,965

TOTAL REVENUE $156,574

Expense Breakdown

Grants Paid $201

Salaries & Benefits $31,965

Fundraising Expenses $0

Program Expenses $178,875

Other Expenses $146,709

TOTAL EXPENSES $178,875

Year-over-Year Comparison

	2025	2024	Change
Revenue	$156,574	N/A	N/A
Expenses	$178,875	N/A	N/A
Net Income	$-22,301	N/A	N/A

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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETER GEORGIEV	PRESIDENT	15.00	Officer	$0	$0	$0
RADOSTINA MILADINOVA	TREASURER	5.00	Key Emp	$0	$0	$0
ANNA ILIEVA	SECRETARY	5.00	Key Emp	$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	$156,574	$178,875	$147,681	$-22,301
2024	$162,669	$151,095	$162,048	$11,574
2023	$133,331	$119,243	$153,714	$14,088
2022	$125,428	$94,132	$137,088	$31,296