Overview
What is Bulgaria Innovation Hub Inc?
Bulgaria Innovation Hub Inc is a nonprofit organization situated in Lafayette, California. Committed to driving innovation, growth, and human development, they achieve this through knowledge exchange and fostering cross-cultural collaboration between the entrepreneurial communities in Bulgaria and the United States. By providing educational programs, they empower entrepreneurs in Bulgaria and the South Eastern European region, aiming to increase social and economic impact. The organization has successfully completed two accelerator programs, one virtual and one hybrid, benefiting 10 companies and over 40 entrepreneurs. Additionally, Bulgaria Innovation Hub has expanded its global mentor network, recruiting more than 45 new mentors with extensive entrepreneurial and domain expertise. The result of these efforts has led to the creation of approximately 300 new jobs in Bulgaria, South Eastern Europe, and the United States combined. Through hosting educational and networking events in both Bulgaria and the US, they strengthen cross-cultural collaboration between the two regions' entrepreneurial ecosystems.
Official website here: www.bghub.io
Is Bulgaria Innovation Hub Inc legitimate?
Bulgaria Innovation Hub Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bulgaria Innovation Hub Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $172,464
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.bghub.io
What is the mission statement of Bulgaria Innovation Hub Inc?
Bulgaria Innovation Hub Inc's mission is centered around fostering knowledge exchange and stimulating cross-cultural collaboration between entrepreneurial communities in Bulgaria and the United States. Their primary objective is to provide educational programs to entrepreneurs in Bulgaria and the Southeastern European region. This aim is to increase social and economic impact, drive innovation, encourage growth, and promote human development.
Official website here: www.bghub.io
Who is the CEO of Bulgaria Innovation Hub Inc?
Pavlina Yanakieva is the Executive Director of Bulgaria Innovation Hub Inc.
Official website here: www.bghub.io
What is the revenue of Bulgaria Innovation Hub Inc?
Bulgaria Innovation Hub Inc's revenue in 2022 was $150,662.
Official website here: www.bghub.io
Who are the executives of Bulgaria Innovation Hub Inc and what are their salaries?
The average compensation at Bulgaria Innovation Hub Inc during 2022 was $172,464. There is 1 employee and 45 volunteers at Bulgaria Innovation Hub Inc.
Here are 4 key members and their salaries:
- Compensation: $172,466
- Related: $0
- Other: $25,820
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.bghub.io
Where can I find the form 990 for Bulgaria Innovation Hub Inc?
Bulgaria Innovation Hub Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bghub.io
Learn more at the official website: www.bghub.io
Mission Statement of Bulgaria Innovation Hub Inc
Bulgaria Innovation Hub Inc, with a focus on driving innovation, growth, and human development, strives to foster knowledge exchange and stimulate cross-cultural collaboration between entrepreneurial communities in Bulgaria and the United States. The organization's mission is centered around providing educational programs to entrepreneurs within Bulgaria and the Southeastern European region. By doing so, Bulgaria Innovation Hub Inc aims to increase social and economic impact, drive innovation, and promote growth, ultimately contributing to human development. The organization's mission is to bridge the gap between these communities, fostering a collaborative environment that leverages shared knowledge and experiences to propel innovation and growth.
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Impact
October, 2024
Bulgaria Innovation Hub Inc has made significant strides in driving innovation, growth, and human development through its targeted efforts in knowledge exchange and cross-cultural collaboration. By completing two accelerator programs—one virtual and one hybrid—this initiative has provided vital entrepreneurial and business education to 10 companies and over 40 entrepreneurs.
The impact is tangible, contributing to the creation of around 300 new jobs in Bulgaria, Southeastern Europe, and the United States combined. Furthermore, the Hub has expanded its global mentor network, successfully recruiting more than 45 new mentors who bring extensive entrepreneurial and domain expertise.
Additionally, by hosting educational and networking events in both Bulgaria and the US, Bulgaria Innovation Hub Inc has facilitated knowledge exchange that strengthens the ties between the entrepreneurial ecosystems of these regions. This collaborative atmosphere not only enhances the skills of local entrepreneurs but also enriches the community, fostering a vibrant environment for innovation and economic growth.
This information is meant to be a general summary of Bulgaria Innovation Hub Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $34,726
- Gross Receipts: $150,662
Assets and Liabilities:
- Total Assets: $44,474
- Total Liabilities: $58,883
- Net Assets: -$14,409
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SERVICE REVENUE
Revenue
$34,726
Organization Details
Founding Year
2019
Phone
(650) 576-3951Principal Officer
Pavlina Yanakieva
Main Address
639 LAIRD LN, LAFAYETTE, CA, 94549
Website
www.bghub.ioNTEE Category
Code: S41 - Community improvement
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