Civic Intelligence

Bryant Industrial Development Corp

EIN 35-1947497 • 501(c)6 • Portland, IN

Profile

To enhance job opportunities in the bryant community. To promote economic development in bryant, indiana.

118 S Meridian St Ste BPortland, IN 47371

n/A

Siviq Scores

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

Liabilities / Assets

49th percentile

0.00x

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

501(c)6 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

50th percentile

0.00x

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

501(c)6 • <$500k nonprofits • Source year 2024

Net Margin

99th percentile

87%

Higher net margin than 99% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2024

Asset Growth

30th percentile

-13%

Faster asset growth than 30% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2022 to 2024

Revenue Growth

10th percentile

-51%

Faster revenue growth than 10% of similar nonprofits.

501(c)6 • <$500k nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets49th percentile

Assets

Up

$295,909

Up $7,009 (+2.4%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$295,909

Up $7,009 (+2.4%) from 2023

Operations
Liabilities / Revenue50th percentileNet Margin99th percentile

Revenue

Up

$8,062

Up $86,808 (+110%) from 2023

Expenses

Down

$1,053

Down $9,608 (-90%) from 2023

Net Income

Up

$7,009

Up $96,416 (+108%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth30th percentile

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

$600K$400K$200K$0Assets 2020: $414,079Liabilities 2020: $80,162Net Assets 2020: $333,9172020Assets 2021: $405,788Liabilities 2021: $48,726Net Assets 2021: $357,0622021Assets 2022: $395,115Liabilities 2022: $16,808Net Assets 2022: $378,3072022Assets 2023: $288,900Liabilities 2023: $0Net Assets 2023: $288,9002023Assets 2024: $295,909Liabilities 2024: $0Net Assets 2024: $295,9092024

Highlighted filing

2024

Assets$295,909
Liabilities$0
Net Assets$295,909
Open 2024 Filing

Operations Trend

Revenue Growth10th percentile

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

$50K$0-$50K-$100KRevenue 2020: $33,696Expenses 2020: $15,753Net Income 2020: $17,9432020Revenue 2021: $34,278Expenses 2021: $11,133Net Income 2021: $23,1452021Revenue 2022: $33,084Expenses 2022: $11,840Net Income 2022: $21,2442022Revenue 2023: -$78,746Expenses 2023: $10,661Net Income 2023: -$89,4072023Revenue 2024: $8,062Expenses 2024: $1,053Net Income 2024: $7,0092024

Highlighted filing

2024

Revenue$8,062
Expenses$1,053
Net Income$7,009
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$295,909
Liabilities
$0
Net assets
$295,909
Revenue
$8,062
Expenses
$1,053
Net income
$7,009
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.96$0.00$2.96$0.08$0.01$0.07
2023Detailed filing. Detailed filing data is available for this year.$2.89$0.00$2.89$0.79$0.11$0.89
2022Detailed filing. Detailed filing data is available for this year.$3.95$0.17$3.78$0.33$0.12$0.21
2021Detailed filing. Detailed filing data is available for this year.$4.06$0.49$3.57$0.34$0.11$0.23
2020Detailed filing. Detailed filing data is available for this year.$4.14$0.80$3.34$0.34$0.16$0.18
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 16, 2025
Return Version
2024v5.1
Gross Receipts
$8,062
Mission and Program Overview

Mission

To enhance job opportunities in the bryant community. To promote economic development in bryant, indiana.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$155,816$174,467▲ $18,651
Savings and Temporary Cash Investments$77,252$81,216▲ $3,964
Other Notes and Loans Receivable, Net$54,512$38,906▼ $15,606
Land, Buildings, and Equipment, Net$1,320$1,320→ $0
Total Assets$288,900$295,909▲ $7,009
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$288,900$295,909▲ $7,009
Total Net Assets Fund Balance$288,900$295,909▲ $7,009
Total Liabilities and Net Assets / Fund Balance$288,900$295,909▲ $7,009

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,320-$1,320
Compensation and Service Providers
Top Officer Pay79th percentile

Board Members and Trustees

NameTitle
John GlassfordPresident
Faron ParrDirector
Jeanne HouchinsDirector
Scott SchoenleinDirector
Travis RichardsSec/treas
Revenue and Support

Revenue Composition

Contributions and Grants
$3,204
Program Service Revenue
$0
Investment Income
$4,858
Other Revenue
$0
Change in Net Assets
$7,009
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,053
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
Fees for Services Accounting$700--$700
Fees for Services Legal$200--$200
Other Expenses$21--$21
Total Functional Expenses$1,053$0$0$1,053
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
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Form 990 is available upon request before filing”

Form 990, Part VI, Section B, Line 12C

“Discussed annually at board meetings”

Form 990, Part VI, Section C, Line 19

“Documents are made available to the public upon request.”

Form 990, Part VII Contact Addresses for Officers, Directors, Etc

“Faron parr - 401 n. Meridian street, bryant, in 47326. John glassford - po box 24, bryant, in 47326. Travis richards - 118 s. Meridian street, ste b, portland, in 47371.”

Filing and Contact Details

Filer

Filer Name
Bryant Industrial Development Corp
EIN
35-1947497
Phone
2607269311
Address
118 S MERIDIAN ST STE B, PORTLAND, IN 47371

Signing Officer

Name
John Glassford
Title
President
Phone
2609976964
Signed
2025-06-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Glassford
Formed
2003
Legal Domicile
In
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Bollenbacher and Associates LLC
Address
915 N MERIDIAN STREET, PORTLAND, IN 47371
Preparer
Makayla M Schlosser CPA
Phone
2607264207
Raw XML Appendix301 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FARON PARR - 401 N. MERIDIAN STREET, BRYANT, IN 47326. JOHN GLASSFORD - PO BOX 24, BRYANT, IN 47326. TRAVIS RICHARDS - 118 S. MERIDIAN STREET, STE B, PORTLAND, IN 47371.
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