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Bachman Memorial Home Inc

Bachman Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 620524534 ✦ Cleveland, TN ✦ Designated as a 501(c)(3)

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Overview

What is Bachman Memorial Home Inc?

Bachman Memorial Home Inc, also known as the Bachman Foundation, is a nonprofit organization situated in Cleveland, Tennessee. Their primary mission is to support students in East Tennessee who learn differently by offering scholarships. These scholarships aim to alleviate the rising costs associated with individualized education, which can be provided through public, private, or vocational schools. The Bachman Foundation, with a small team of dedicated individuals, strives to make quality education more accessible for those who require specialized learning methods.


Official website here: www.bachmanfoundation.org

Is Bachman Memorial Home Inc legitimate?

Bachman Memorial Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bachman Memorial Home 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $55,768

For more financial information, click here


Official website here: www.bachmanfoundation.org

What is the mission statement of Bachman Memorial Home Inc?

Bachman Memorial Home Inc, through its foundation, aims to support students in East Tennessee who learn differently. Recognizing the rising costs associated with individualized education, the organization provides scholarships for these students, enabling them to attend public, private, and vocational schools. By offering financial assistance, Bachman Memorial Home Inc empowers these learners to access quality education, thereby enhancing their chances of overcoming learning challenges and achieving their academic goals. The foundation's mission is a testament to its commitment to promoting equality and opportunities in education for all students, regardless of their learning abilities.


Official website here: www.bachmanfoundation.org

Who is the CEO of Bachman Memorial Home Inc?

Mark Frizzell is the Trustee of Bachman Memorial Home Inc.


Official website here: www.bachmanfoundation.org

What is the revenue of Bachman Memorial Home Inc?

Bachman Memorial Home Inc's revenue in 2023 was $217,718.


Official website here: www.bachmanfoundation.org

Who are the executives of Bachman Memorial Home Inc and what are their salaries?

The average compensation at Bachman Memorial Home Inc during 2023 was $55,768. There is 1 employee at Bachman Memorial Home Inc.


Here are 8 key members and their salaries:


Nate Durham (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Gregory (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Con Knox Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Mcfall (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Mcpeak (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Sikes (Vice Chairma)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Weller (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Frizzell (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bachmanfoundation.org

Where can I find the form 990 for Bachman Memorial Home Inc?

Bachman Memorial Home Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.bachmanfoundation.org

Learn more at the official website: www.bachmanfoundation.org

Mission Statement of Bachman Memorial Home Inc

Bachman Memorial Home Inc, a nonprofit organization, is dedicated to assisting students in East Tennessee who learn differently. Recognizing the escalating costs associated with individualized education in both public, private, and vocational schools, Bachman Memorial Home provides scholarships to help alleviate this financial burden. By offering these scholarships, the foundation aims to empower these students, enabling them to access the education necessary for their growth and development.

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Impact




October, 2024

Bachman Memorial Home Inc significantly impacts the educational landscape in East Tennessee by empowering students who learn differently. By offering scholarships, the organization alleviates the financial burden associated with individualized education, making it more accessible for students who require tailored learning approaches. This support extends to various educational settings, including public, private, and vocational schools, ensuring that diverse learning needs are met.

Through its efforts, Bachman Memorial Home Inc not only enhances the educational experiences of these students but also fosters greater inclusivity within the community. By investing in the unique potential of each child, the organization plays a crucial role in promoting educational equity and enhancing the overall quality of education in the region. The positive ripple effects of this support can lead to increased opportunities for students, setting them on paths toward academic and personal success.




This information is meant to be a general summary of Bachman Memorial Home 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.

Revenue
$217,718 (2023)
Expenses
$223,151 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $148,065
  • Gross Receipts: $353,732

Assets and Liabilities:

  • Total Assets: $5,568,641
  • Total Liabilities: $630
  • Net Assets: $5,568,011

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Organization Details

Principal Officer

Mark Frizzell

Main Address

1510 STUART RD NE SUITE 108B, CLEVELAND, TN, 37312

NTEE Category

Code: P730 - Human services

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