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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education Read Foundation Dba Memphis School of Excellence

Read Foundation Dba Memphis School of Excellence

Fiscal year ending 2023. Filed on May 15, 2024.

4450 S Mendenhall Rd
Memphis, Tennessee 38141

Read Foundation Dba Memphis School of Excellence (EIN: 94-3487601) has filed an IRS Form 990 between fiscal years 2017 and 2023. In its fiscal year 2023 IRS Form 990 filing, Read Foundation Dba Memphis School of Excellence, a 501(c)(3) charitable organization, reported compensation for 3 out of 251 total employees. Among the employees shown here, the average compensation is $118,321. The highest compensated employee at Read Foundation Dba Memphis School of Excellence is Samuel Beyhan with fiscal year 2023 compensation of $122,463. Read Foundation Dba Memphis School of Excellence changed its name from Read Foundation in 2023.

Revenue, expenses, and employee compensation

Revenue

$20,141,897

Expenses

$19,484,677

Employee compensation

$11,986,993
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Samuel Beyhan
Executive Director
$122,463
$118,834 No related comp$3,629
Mugire Ayci
Assistant Director
$114,179
$111,132 No related comp$3,047
Muhammet Turkay
EXEC Director-O
$0

Benchmark Employee Compensation

Non-Employee Board Members

Dr Cem Akkus
Board Member
Dr David C Akdemir
Board Member
Dr Ismail Fidan
Secretary
Dr Richard E Potts
President
Patty Farmer
Treasurer
Veda V T Cherry
Vice President

Contractors

Memphis Industrial Tt LLC
General Serrvices
$810,193
Horizon of Memphis Inc
Janitorial
$717,023
Durham School Services
Transportation
$552,968
B&B Specialty Contractors
General Contractor
$456,023
Montgomery Maintenance LLC
Facilities Maintenance
$100,057

Mission Statement

TO PROVIDE A SAFE AND COLLABORATIVE ENVIRONMENT WHICH WILL CULTIVATE THE ACADEMIC AND SOCIAL DEVELOPMENT OF ITS STUDENTS BY EMPHASIZING MATH, SCIENCE, AND TECHNOLOGY FOR THE PURPOSE OF STUDENTS SETTING AND MEETING HIGHER EDUCATION GOALS.

Revisions to this organization profile

May 15, 2024:
2023 Read Foundation Dba Memphis School of Excellence 990 filed
May 10, 2023:
2022 Read Foundation Dba Memphis School of Excellence 990 filed
November 2, 2022:
Amended (originally filed December 18, 2020)2020 Read Foundation Dba Memphis School of Excellence 990 filed

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