Civic Intelligence

Bryan Area Foundation Inc

990 • Fiscal year 2016 • EIN 23-7041310

Jul 01, 2015 to Jun 30, 2016 • Filed on Oct 14, 2016

PO Box 651Bryan, OH 43506

(419) 633-1156

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

14th percentile

0.01x

Higher debt load relative to assets than 14% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Liabilities / Revenue

28th percentile

0.10x

Higher debt load relative to revenue than 28% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Net Margin

91st percentile

48%

Higher net margin than 91% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Top Officer Pay

33rd percentile

$129,982

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 5.3% of source-year revenue.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2016

Asset Growth

56th percentile

3.3%

Faster asset growth than 56% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Revenue Growth

92nd percentile

67%

Faster revenue growth than 92% of similar nonprofits.

2016 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2015 to 2016

Assets

Up

$23,527,985

Up $744,534 (+3.3%) from 2015

Net Assets

Up

$23,283,061

Up $712,309 (+3.2%) from 2015

Liabilities

Up

$244,924

Up $32,225 (+15%) from 2015

Revenue

Up

$2,451,908

Up $983,020 (+67%) from 2015

Expenses

Up

$1,277,435

Up $244,715 (+24%) from 2015

Net Income

Up

$1,174,473

Up $738,305 (+169%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2015: $22,783,451Liabilities 2015: $212,699Net Assets 2015: $22,570,7522015Assets 2016: $23,527,985Liabilities 2016: $244,924Net Assets 2016: $23,283,0612016Assets 2017: $25,876,856Liabilities 2017: $284,281Net Assets 2017: $25,592,5752017Assets 2018: $27,286,198Liabilities 2018: $324,291Net Assets 2018: $26,961,9072018Assets 2019: $27,501,673Liabilities 2019: $353,885Net Assets 2019: $27,147,7882019Assets 2020: $29,126,657Liabilities 2020: $592,867Net Assets 2020: $28,533,7902020Assets 2021: $38,628,031Liabilities 2021: $645,686Net Assets 2021: $37,982,3452021Assets 2022: $34,753,260Liabilities 2022: $1,234,359Net Assets 2022: $33,518,9012022Assets 2023: $38,665,936Liabilities 2023: $1,347,960Net Assets 2023: $37,317,9762023Assets 2024: $42,136,398Liabilities 2024: $775,623Net Assets 2024: $41,360,7752024Assets 2025: $46,869,884Liabilities 2025: $929,457Net Assets 2025: $45,940,4272025

Highlighted filing

2016

Assets$23,527,985
Liabilities$244,924
Net Assets$23,283,061

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2015: $1,468,888Expenses 2015: $1,032,720Net Income 2015: $436,1682015Revenue 2016: $2,451,908Expenses 2016: $1,277,435Net Income 2016: $1,174,4732016Revenue 2017: $1,069,598Expenses 2017: $900,244Net Income 2017: $169,3542017Revenue 2018: $1,317,361Expenses 2018: $1,113,141Net Income 2018: $204,2202018Revenue 2019: $1,598,696Expenses 2019: $1,359,438Net Income 2019: $239,2582019Revenue 2020: $3,645,840Expenses 2020: $1,391,752Net Income 2020: $2,254,0882020Revenue 2021: $2,798,068Expenses 2021: $1,243,114Net Income 2021: $1,554,9542021Revenue 2022: $2,029,616Expenses 2022: $1,618,120Net Income 2022: $411,4962022Revenue 2023: $2,603,258Expenses 2023: $1,786,610Net Income 2023: $816,6482023Revenue 2024: $1,524,563Expenses 2024: $1,588,183Net Income 2024: -$63,6202024Revenue 2025: $2,354,110Expenses 2025: $1,728,823Net Income 2025: $625,2872025

Highlighted filing

2016

Revenue$2,451,908
Expenses$1,277,435
Net Income$1,174,473
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Oct 14, 2016
Return Version
2015v2.1
Gross Receipts
$4,892,864
Mission and Program Overview

Mission

To support charitable organizations in the williams county, ohio area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$21,058,982$21,884,968▲ $825,986
Savings and Temporary Cash Investments$839,434$717,276▼ $122,158
Land, Buildings, and Equipment, Net$7,137$5,110▼ $2,027
Total Assets$22,783,451$23,527,985▲ $744,534
Other Assets Total$877,898$920,631▲ $42,733
Liabilities
Accounts Payable and Accrued Expenses$212,699$244,924▲ $32,225
Total Liabilities$212,699$244,924▲ $32,225
Net Assets / Fund Balance
Permanently Rstr Net Assets$19,045,941$20,803,391▲ $1,757,450
Temporarily Rstr Net Assets$1,970,667$1,505,109▼ $465,558
Unrestricted Net Assets$1,554,144$974,561▼ $579,583
Total Net Assets Fund Balance$22,570,752$23,283,061▲ $712,309
Total Liabilities and Net Assets / Fund Balance$22,783,451$23,527,985▲ $744,534

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,110$20,917$26,027
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jack E BracePresident/ceFT$106,175$23,807$129,982

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,819,122
Program Service Revenue
$0
Investment Income
$632,786
Other Revenue
$0
All Other Contributions
$1,819,122
Change in Net Assets
$1,174,473

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,451,908
Revenue Not Reported on Form 990
$-504,897
Total Revenue per Audited Statements
$1,947,011
Total Revenue per Form 990
$2,451,908
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$908,004
Other Expenses$185,179
Salaries, Compensation, and Employee Benefits$184,252
Total Fundraising Expense$97,790
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$742,604--$742,604
Grants to Domestic Individuals$165,400--$165,400
Fees for Service Investment Mgmnt Fees$34,630$40,710$33,219$108,559
Current Officers, Directors, Trustees, and Key Employees$26,394$52,788$26,394$105,576
Other Salaries and Wages$9,107$18,216$9,108$36,431
Other Employee Benefits$15,870$7,935$7,935$31,740
Occupancy$5,309$7,557$4,289$17,155
Payroll Taxes$2,626$5,253$2,626$10,505
Office Expenses$3,940$2,222$2,724$8,886
Fees for Services Accounting-$7,525-$7,525
Conferences and Meetings$1,242$2,159$1,133$4,534
Advertising$932-$2,796$3,728
Insurance-$2,650-$2,650
Depreciation Depletion-$2,027-$2,027
All Other Expenses$1,064$434$277$1,775
Other Expenses$324$650$325$1,299
Travel$271$271$543$1,085
Payments to Affiliates-$1,034-$1,034
Total Functional Expenses$1,024,343$155,302$97,790$1,277,435

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,277,435
Expenses per Audited Statements$1,234,702
Total Expenses per Audited Statements$1,234,702
Expenses Not Reported on Financial Statements$42,733
Other Expense Adjustments$42,733
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Williams County YmcaBryan, OH3Operating$509,352
Williams County Humane SocietyBryan, OH3Operating$20,436
Williams County Agricultural SocMontpelier, OHGovOperating$20,000
Wesley United Methodist ChurchBryan, OH3Support$19,933
First Presbyterian ChurchBryan, OH3Operating$12,547
Bryan City SchoolsBryan, OH3Support$10,912
United Way of Williams CountyBryan, OH3Operating$10,380
Path School for AutismBryan, OH3Operating$9,503
Four County Career CenterArchbold, OHGovOperating$7,536
City of Bryan Parks and RecreationBryan, OHGovOperating$7,036
Dare Foam ArcheryBryan, OHGovOperating$7,000
Christian & Missionary Alliance ChuBryan, OH3Operating$6,823
Williams Co Public LibraryBryan, OH3Edgerton Branch$6,522
Williams County 4-hBryan, OH3Support$5,157
Bryan Development CorporationBryan, OH3Operating$5,092
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

A draft copy of form 990 was provided to the audit committee for a complete review. After the committee's review, the return was finalized and filed with the internal revenue service.

Form 990, Page 6, Part VI, Line 12C

Each member, trustee, and staff member is requested annually to provide, to the president of the foundation, a list of affiliations, offices and directorships he or she holds in charitable and business organizations as well as to identify his or her place of employment or principal business activity. When the foundation is considering a grant to, or the procurement of services from, an entity in which a foundation member is affiliated (an officer, board member, director or employee), the member shall declare their affiliation and refrain from voting on the matter. This procedure also applies to committees of the foundation.

Form 990, Page 6, Part VI, Line 15A

The process for determining compensation of the ceo/president includes an annual analysis of compensation for ceo/president of other nonprofit organizations with comparable net assets. This analysis is lead by an executive committee.

Form 990, Page 6, Part VI, Line 15B

At 6/30/15 there were no other officers or key employees of the organization that received compensation. However, if there were other officers or key employees recieving compensation the process would include using comparative data from other nonprofits of similar size, lead by an executive committee.

Form 990, Page 6, Part VI, Line 19

It is the policy of the bryan area foundation to make available to the general public a copy of the bryan area foundation annual financial statement review, the organization's governing documents and the annual irs form 990 filing. These documents shall be available during normal business hours at the foundation's office and at other times by appointment. A copy of the public information will be provided at a nominal charge to anyone so desiring provided that reasonable time is allowed for reproduction. The organization will also cooperate with guidestar.org in making a copy of form 990 available via the internet.

Filing and Contact Details

Filer

Filer Name
Bryan Area Foundation Inc
EIN
23-7041310
Phone
4196331156
Address
PO BOX 651, BRYAN, OH 43506

Signing Officer

Name
Jack E Brace
Title
President/CEO
Phone
4196331156
Signed
2016-10-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jack E Brace
Formed
1969
Legal Domicile
Oh
Voting Board Members
14
Independent Board Members
14
Employees
3
Volunteers
51

Preparer

Firm
Shultz Huber & Associates Inc
Address
126 E HIGH ST, BRYAN, OH 43506-1701
Preparer
Tyson L Stuckey CPA
Phone
4196368000
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Other program expense used to support charitable organizations in the williams county, ohio area.

Form 990, Part XI, Line 9

Increase in cash surrender value - life ins (program svc) 42,733 total 42,733

Financial Statement Notes

Schedule D, Page 4, Part XII, Line 4B

Increase in cash surrender value - life ins (program svc) 42,733

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IRS990/LandBldgEquipAccumDeprecAmt020917
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt05110
IRS990/LandBldgEquipCostOrOtherBssAmt026027
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IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt02440956
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IRS990/MissionDesc0TO SUPPORT CHARITABLE ORGANIZATIONS IN THE WILLIAMS COUNTY, OHIO AREA.
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IRS990/OfficeExpensesGrp/FundraisingAmt02724
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IRS990/OfficeExpensesGrp/TotalAmt08886
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0877898
IRS990/OtherAssetsTotalGrp/EOYAmt0920631
IRS990/OtherChangesInNetAssetsAmt042733
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt07935
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt015870
IRS990/OtherEmployeeBenefitsGrp/TotalAmt031740
IRS990/OtherExpensesGrp/Desc0FIMS EXPENSE
IRS990/OtherExpensesGrp/Desc1INSURANCE - LIFE
IRS990/OtherExpensesGrp/Desc2SPECIAL EVENTS EXPENSES
IRS990/OtherExpensesGrp/Desc3DUES
IRS990/OtherExpensesGrp/FundraisingAmt03871
IRS990/OtherExpensesGrp/FundraisingAmt12550
IRS990/OtherExpensesGrp/FundraisingAmt2325
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IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt020803391
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JACK E BRACE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0THE ORGANIZATION AWARDS GRANTS TO NUMEROUS NON-PROFITS MOSTLY IN THE WILLIAMS COUNTY AREA. SPECIFICALLY, GRANTS ARE FROM ENDOWMENT FUNDS SET UP ON BEHALF OF AREA SCHOOLS, CHURCHES, SOCIAL SERVICE AGENCIES, ANIMAL SHELTERS, YOUTH PROGRAMS AND LOCAL UNITED WAY.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0713004
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0675504
IRS990/ProgSrvcAccomActyOtherGrp/Desc0OTHER PROGRAM EXPENSE USED TO SUPPORT CHARITABLE ORGANIZATIONS IN THE WILLIAMS COUNTY, OHIO AREA.
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04649319
IRS990ScheduleA/TotalSupportAmt06635585
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
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IRS990ScheduleD/DonorAdvisedFundsContriAmt0145499
IRS990ScheduleD/DonorAdvisedFundsGrantsAmt0101871
IRS990ScheduleD/DonorAdvisedFundsHeldCnt067
IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt05374012
IRS990ScheduleD/EquipmentGrp/BookValueAmt05110
IRS990ScheduleD/EquipmentGrp/DepreciationAmt020917
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt026027
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt042733
IRS990ScheduleD/ExpensesSubtotalAmt01234702
IRS990ScheduleD/FundsAndOtherAccountsContriAmt01673623
IRS990ScheduleD/FundsAndOtherAccountsGrantsAmt0806133
IRS990ScheduleD/FundsAndOtherAccountsHeldCnt0275
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IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-504897
IRS990ScheduleD/OtherExpensesNotIncludedAmt042733
IRS990ScheduleD/RevenueNotReportedAmt0-504897
IRS990ScheduleD/RevenueSubtotalAmt02451908
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INCREASE IN CASH SURRENDER VALUE - LIFE INS (PROGRAM SVC) 42,733
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05110
IRS990ScheduleD/TotalExpensesPerForm990Amt01277435
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IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01947011
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt2500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt33500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt420650
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt52500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt62500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt71500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt82500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt91000
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt112500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt123000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt134500
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt141500

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