Civic Intelligence

Bernice Industrial Dev Corp

EIN 23-7028324 • 501(c)6 • Bernice, LA

Profile

ECONOMIC DEVELOPMENT

PO Box 633Bernice, LA 71222
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

25th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

26th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Net Margin

99th percentile

80%

Higher net margin than 99% of similar nonprofits.

501(c)6 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)6 • $500k-$1M nonprofits • Source year 2013

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Balance Sheet
Liabilities / Assets25th percentile

Assets

Up

$632,866

Up $191,892 (+44%) from 2017

Liabilities

Down

$0

Down $451 (-100%) from 2017

Net Assets

Up

$632,866

Up $192,343 (+44%) from 2017

Operations
Liabilities / Revenue26th percentileNet Margin99th percentile

Revenue

Up

$64,307

Up $52,796 (+459%) from 2017

Expenses

Up

$12,990

Up $5,695 (+78%) from 2017

Net Income

Up

$51,317

Up $47,101 (+1117%) from 2017

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2013: $440,260Liabilities 2013: $52,879Net Assets 2013: $387,3812013Assets 2014: $389,319Net Assets 2014: $389,3192014Assets 2015: $135,750Net Assets 2015: $425,7502015Assets 2016: $436,307Net Assets 2016: $436,3072016Assets 2017: $440,974Liabilities 2017: $451Net Assets 2017: $440,5232017Assets 2024: $632,866Liabilities 2024: $0Net Assets 2024: $632,8662024

Highlighted filing

2024

Assets$632,866
Liabilities$0
Net Assets$632,866
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2013: $113,736Expenses 2013: $55,052Net Income 2013: $58,6842013Revenue 2014: $7,497Expenses 2014: $9,649Net Income 2014: -$2,1522014Revenue 2015: $39,166Expenses 2015: $2,735Net Income 2015: $36,4312015Revenue 2016: $13,180Expenses 2016: $2,623Net Income 2016: $10,5572016Revenue 2017: $11,511Expenses 2017: $7,295Net Income 2017: $4,2162017Revenue 2024: $64,307Expenses 2024: $12,990Net Income 2024: $51,3172024

Highlighted filing

2024

Revenue$64,307
Expenses$12,990
Net Income$51,317
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$632,866
Liabilities
$0
Net assets
$632,866
Revenue
$64,307
Expenses
$12,990
Net income
$51,317
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.33$0.00$6.33$0.64$0.13$0.51
2017Detailed filing. Detailed filing data is available for this year.$4.41$0.00$4.41$0.12$0.07$0.04
2016Detailed filing. Detailed filing data is available for this year.$4.36$4.36$0.13$0.03$0.11
2015Detailed filing. Detailed filing data is available for this year.$1.36$4.26$0.39$0.03$0.36
2014Detailed filing. Detailed filing data is available for this year.$3.89$3.89$0.07$0.10$0.02
2013Detailed filing. Detailed filing data is available for this year.$4.40$0.53$3.87$1.14$0.55$0.59
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 15, 2025
Return Version
2024v5.0
Gross Receipts
$264,307
Mission and Program Overview

Mission

ECONOMIC DEVELOPMENT

Bernice industrial development, inc was incorporated for the purpose of promoting development in bernice, la.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$357,110$397,033▲ $39,923
Land, Buildings, and Equipment, Net$211,847$211,847→ $0
Cash and Non-Interest-Bearing Accounts$12,592$23,986▲ $11,394
Total Assets$581,549$632,866▲ $51,317
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$581,549$632,866▲ $51,317
Total Net Assets Fund Balance$581,549$632,866▲ $51,317
Total Liabilities and Net Assets / Fund Balance$581,549$632,866▲ $51,317

Asset Categories

AssetBook ValueDepreciationBasis
Land$211,847-$211,847
Compensation and Service Providers
Top Officer Pay72nd percentile

Board Members and Trustees

NameTitle
Minor PattonPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$220
Program Service Revenue
$0
Investment Income
$64,087
Other Revenue
$0
Change in Net Assets
$51,317
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$12,990
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses---$10,910
Advertising---$1,182
Insurance---$758
Fees for Services Accounting---$90
Conferences and Meetings---$50
Total Functional Expenses$0$0$0$12,990
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

“MEMBERS”

Form 990, Page 6, Part VI, Line 7B

“Election of members and their rights members shall be added at the direction of the board of directors and as determined in accordance with the by-laws of the corporation.”

Form 990, Page 6, Part VI, Line 11B

“Organization's process to review form 990 copies of 990 provided to all directors.”

Form 990, Page 6, Part VI, Line 19

“Governing documents disclosure explanation available at bidco's office anytime upon request.”

Filing and Contact Details

Filer

Filer Name
Bernice Industrial Development Corp
EIN
23-7028324
Phone
3182435556
Address
PO BOX 633, BERNICE, LA 71222

Signing Officer

Name
Minor Patton
Title
President
Phone
3182435556
Signed
2025-10-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Minor Patton
Formed
1963
Legal Domicile
La
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
TAYLOR & WILKES CPA'S
Address
610 E BOUNDRY ST, FARMERVILLE, LA 71241-2333
Preparer
Joel G Taylor CPA
Phone
3183682209
Raw XML Appendix216 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/BooksInCareOfDetail/PhoneNum03182435556
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IRS990/CYOtherRevenueAmt00
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IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01963
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IRS990/GainOrLossGrp/SecuritiesAmt039165
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0239165
IRS990/GrossReceiptsAmt0264307
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt07
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/TotalAmt0758
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt024922
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt024922
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0211847
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IRS990/LandBldgEquipCostOrOtherBssAmt0211847
IRS990/LegalDomicileStateCd0LA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0200000
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt0220
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
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IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0581549
IRS990/NetAssetsOrFundBalancesEOYAmt0632866
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IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0581549
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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0TAXES
IRS990/OtherExpensesGrp/TotalAmt010910
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MINOR PATTON
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/ReconcilationRevenueExpnssAmt051317
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0357110
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0397033
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0211847
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0211847
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0211847
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ELECTION OF MEMBERS AND THEIR RIGHTS MEMBERS SHALL BE ADDED AT THE DIRECTION OF THE BOARD OF DIRECTORS AND AS DETERMINED IN ACCORDANCE WITH THE BY-LAWS OF THE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ORGANIZATION'S PROCESS TO REVIEW FORM 990 COPIES OF 990 PROVIDED TO ALL DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS DISCLOSURE EXPLANATION AVAILABLE AT BIDCO'S OFFICE ANYTIME UPON REQUEST.
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IRS990/SchoolOperatingInd0false
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-15
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ReturnHeader/Filer/BusinessNameControlTxt0BERN
ReturnHeader/Filer/EIN0237028324
ReturnHeader/Filer/PhoneNum03182435556
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ReturnHeader/PreparerPersonGrp/PhoneNum03183682209
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOEL G TAYLOR CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-10-16T14:58:42-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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