BACHMAN MEMORIAL HOME INC (EIN 620524534) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

MARK FRIZZELL

Phone

4235591020

Tax Period

2023-07-01 to 2024-06-30

BACHMAN MEMORIAL HOME INC is a community nonprofit in the Human Services sector that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 511% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 80% operating margin.

Mission

THE BACHMAN FOUNDATION PROVIDES STUDENTS IN EAST TENNESSEE WHO LEARN DIFFERENTLY WITH SCHOLARSHIPS TO HELP OFFSET THE RISING COSTS ASSOCIATED WITH INDIVIDUALIZED EDUCATION THROUGH PUBLIC, PRIVATE, AND VOCATIONAL SCHOOLS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,056,531

Program Service Revenue $0

Investment Income $274,244

Other Revenue $0

TOTAL REVENUE $1,330,775

Expense Breakdown

Grants Paid $0

Salaries & Benefits $63,267

Fundraising Expenses $6,363

Program Expenses $147,018

Other Expenses $201,606

TOTAL EXPENSES $264,873

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,330,775	$217,718	+5.1%
Expenses	$264,873	$223,151	+0.2%
Net Income	$1,065,902	$-5,433	-197.2%

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

Employees

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
NATE DURHAM	TRUSTEE	N/A	Director	$0	$0	$0
JEFF GREGORY	CHAIRMAN	N/A	Director	$0	$0	$0
GEORGE CON KNOX JR	TRUSTEE	N/A	Director	$0	$0	$0
ALEX MCFALL	TRUSTEE	N/A	Director	$0	$0	$0
ROBERT MCPEAK	SECRETARY	N/A	Director	$0	$0	$0
MIKE SIKES	VICE CHAIRMA	N/A	Director	$0	$0	$0
KEN WELLER	TREASURER	N/A	Director	$0	$0	$0
MARK FRIZZELL	EXECUTIVE DI	N/A	Officer	$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	No data	No data	No data	No data
2024	$1,330,775	$264,873	$6,658,564	$1,065,902
2023	$217,718	$223,151	$5,568,641	$-5,433
2022	$295,609	$253,843	$5,561,916	$41,766
2021	$199,656	$188,177	$6,171,234	$11,479
2020	$147,606	$232,407	$5,703,382	$-84,801
2019	$429,897	$219,911	$5,788,498	$209,986
2018	$301,179	$627,663	$5,576,986	$-326,484

BACHMAN MEMORIAL HOME INC