Bryant Foundation Inc

Bryant Foundation Inc. maintains stable assets with fluctuating revenues and no reported officer compensation.

EIN: 201593639 · Owensboro, KY · NTEE: T20 · Updated: 2026-03-28

$90KRevenue
$614KAssets
85/100Mission Score (Excellent)
T20
Bryant Foundation Inc Financial Summary
MetricValue
Total Revenue$90K
Total Expenses$40K
Program Spending85%
Net Assets$577K
Transparency Score85/100

Is Bryant Foundation Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Bryant Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Bryant Foundation Inc

Bryant Foundation Inc (EIN: 201593639) is a nonprofit organization based in Owensboro, KY, classified under NTEE code T20. The organization reported total revenue of $90K and total assets of $614K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bryant Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

22Years Operating
MicroSize Classification
10Years of Filings
MixedRevenue Trajectory

Bryant Foundation Inc is a micro nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.2%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$28K
Total Expenses$40K
Surplus / Deficit$-12,334
Total Assets$587K
Total Liabilities$10K
Net Assets$577K
Operating Margin-44.1%
Debt-to-Asset Ratio1.7%
Months of Reserves174.9 months

Financial Health Grade: B

In 2023, Bryant Foundation Inc reported a deficit of $12K with expenses exceeding revenue, holds 174.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.7% (very low leverage).

Financial Trends

Over 10 years of filings (2011–2023), Bryant Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.2%.

YearRevenue ChangeExpense ChangeAsset Change
2023-21.2%-7.9%-0.9%
2022-54.6%-34.6%-8.8%
2021-42.3%-22.5%+2.1%
2020+116.9%+61.6%+1.0%
2019-57.4%-8.4%-9.7%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2004

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Bryant Foundation Inc. demonstrates consistent financial activity over the past decade, with revenues fluctuating but generally maintaining a stable asset base around $600,000. The organization's latest reported revenue is $90,244, with total assets at $614,415. A notable aspect of its financial management is the consistent reporting of 0% officer compensation across all available filings, indicating a volunteer-led or very lean executive structure, which can be a positive sign for donor confidence regarding administrative overhead. However, the foundation has experienced periods where expenses exceeded revenue, such as in 2023 ($40,295 expenses vs. $27,961 revenue) and 2022 ($43,749 expenses vs. $35,497 revenue), suggesting reliance on prior year surpluses or investment income to cover operational costs. While this isn't inherently negative for an endowed foundation, sustained deficits could impact long-term financial stability. The relatively low liabilities across all periods, such as $10,222 in 2023, indicate responsible debt management. Given the NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations), the organization's primary function is likely grantmaking. Without detailed expense breakdowns beyond total expenses, it's challenging to precisely assess spending efficiency in terms of program delivery versus administrative costs. However, the absence of officer compensation suggests a strong commitment to minimizing overhead at the leadership level, which is a key indicator of transparency and efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Bryant Foundation Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Bryant Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$28KTotal Revenue
$40KTotal Expenses
$587KTotal Assets
$10KTotal Liabilities
$577KNet Assets
  • The organization reported a deficit of $12K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 1.7%.

Executive Compensation Analysis

Executive compensation is consistently reported at 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for minimizing administrative costs.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Bryant Foundation Inc's IRS 990 filings:

  • Expenses exceeded revenue in recent periods (e.g., 2023 and 2022), potentially indicating reliance on reserves or investment income to cover operations.

Strengths

The following positive indicators were identified for Bryant Foundation Inc:

  • Consistent 0% officer compensation, indicating very low executive overhead.
  • Stable asset base (around $600,000) over a decade, suggesting good financial stewardship.
  • Low liabilities across all reporting periods, demonstrating responsible debt management.

Frequently Asked Questions about Bryant Foundation Inc

Is Bryant Foundation Inc a legitimate charity?

Bryant Foundation Inc (EIN: 201593639) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $90K. 1 red flag identified. 3 strengths noted. Financial health grade: B.

How does Bryant Foundation Inc spend its money?

Bryant Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Bryant Foundation Inc tax-deductible?

Bryant Foundation Inc is registered as a tax-exempt nonprofit (EIN: 201593639). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Bryant Foundation Inc's spending goes to programs?

Bryant Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Bryant Foundation Inc compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Bryant Foundation Inc is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Bryant Foundation Inc located?

Bryant Foundation Inc is headquartered in Owensboro, Kentucky and files with the IRS under EIN 201593639. It is classified under NTEE code T20.

How many years of IRS 990 filings does Bryant Foundation Inc have?

Bryant Foundation Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $90K in total revenue.

Is Bryant Foundation Inc. financially stable?

The foundation appears financially stable, maintaining a consistent asset base around $600,000 despite fluctuating revenues. While expenses have exceeded revenue in recent years (e.g., 2023 expenses $40,295 vs. revenue $27,961), its low liabilities and substantial assets suggest it can absorb these short-term deficits.

How does Bryant Foundation Inc. manage its administrative costs?

The organization demonstrates excellent control over administrative costs, notably reporting 0% officer compensation in all available filings. This suggests a highly efficient, likely volunteer-driven, leadership structure.

What is the trend in Bryant Foundation Inc.'s revenue?

Revenue for Bryant Foundation Inc. has fluctuated significantly over the years, ranging from a low of $27,961 in 2023 to a high of $146,797 in 2015. There isn't a clear upward or downward trend, but rather variability year-to-year.

Filing History

IRS 990 filing history for Bryant Foundation Inc showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Bryant Foundation Inc's revenue has declined by 13.9%, moving from $32K to $28K. Total assets increased by 0.7% over the same period, from $583K to $587K. Total functional expenses fell by 31.9%, from $59K to $40K. In its most recent filing year (2023), Bryant Foundation Inc reported a deficit of $12K, with expenses exceeding revenue. The organization holds $10K in liabilities against $587K in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $577K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $28K $40K $587K $10K
2022 $35K $44K $593K $3K View 990
2021 $78K $67K $650K $4K View 990
2020 $136K $86K $636K $2K
2019 $62K $53K $630K $750 View 990
2015 $147K $58K $697K $650 View 990
2014 $59K $45K $608K $650 View 990
2013 $40K $57K $595K $650 View 990
2012 $85K $57K $611K $650 View 990
2011 $32K $59K $583K $1K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $28K, expenses of $40K, and assets of $587K (revenue -21.2% year-over-year).
  • 2022: Revenue of $35K, expenses of $44K, and assets of $593K (revenue -54.6% year-over-year).
  • 2021: Revenue of $78K, expenses of $67K, and assets of $650K (revenue -42.3% year-over-year).
  • 2020: Revenue of $136K, expenses of $86K, and assets of $636K (revenue +116.9% year-over-year).
  • 2019: Revenue of $62K, expenses of $53K, and assets of $630K (revenue -57.4% year-over-year).
  • 2015: Revenue of $147K, expenses of $58K, and assets of $697K (revenue +148.7% year-over-year).
  • 2014: Revenue of $59K, expenses of $45K, and assets of $608K (revenue +46.0% year-over-year).
  • 2013: Revenue of $40K, expenses of $57K, and assets of $595K (revenue -52.5% year-over-year).
  • 2012: Revenue of $85K, expenses of $57K, and assets of $611K (revenue +162.3% year-over-year).
  • 2011: Revenue of $32K, expenses of $59K, and assets of $583K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Bryant Foundation Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Bryant Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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