Bachus & Schanker Cares Foundation
- Assets
- $74.0k
- Revenue
- $187.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Denver, CO
- Founding
- 07/2009
- Data as of
- 12/2022
- EIN
- 26-4030641
Organization Overview
Bachus & Schanker Cares Foundation is located in Denver, CO. The organization was established in 2009. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bachus & Schanker Cares Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Bachus & Schanker Cares Foundation generated $187.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 24.4% each year . All expenses for the organization totaled $116.7k during the year ending 12/2022. While expenses have increased by 0.3% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Bachus & Schanker Cares Foundation has awarded 55 individual grants totaling $356,846. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darin L Schanker Chairman Of Board Of Direc | 10 | $0 | |
J Kyle Bachus President/treasurer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $187,715 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $187,715 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $1,231 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,724 |
| Printing and publications | $0 |
| Other expenses | $7,277 |
| Total operating and administrative expenses | $11,125 |
| Contributions, gifts, grants paid | $105,548 |
| Total expenses and disbursements | $116,673 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $74,020 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $74,020 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Bachus & Schanker Cares Foundation has awarded $105,548 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
COLORADO BAR FOUNDATION PURPOSE: SPONSORSHIP | $2,500 |
BROTHERS REDEVELOPMENT PURPOSE: SPONSORSHIP | $1,250 |
3 HOPEFUL HEARTS PURPOSE: SPONSORSHIP | $800 |
KRISTI VISOCKY MEMORIAL FOUNDATION PURPOSE: SPONSORSHIP | $900 |
CLAYTON EARLY LEARNING PURPOSE: SPONSORSHIP | $1,250 |
DENVER POLICE OFFICERS FOUNDATION PURPOSE: SPONSORSHIP | $1,500 |