Rep. Frank J. Mrvan (D-IN)
House · Democrat (most recent term) · IN-1 · in Congress 2021–present · Bioguide ID M001214
Party history: D 2021–present. Source: term data in unitedstates/congress-legislators (CC0); party shown is as recorded per term there.
Estimated net worth (from public disclosures)
| Estimate | Report year | Low | Mid | High |
|---|---|---|---|---|
| (a) Estimated net worth before entering office (report year 2021, the member's first year in office) | 2021 | −$376,995 | −$125,998 | $124,999 |
| (b) Latest net worth estimate | 2025 | −$1,293,992 | −$701,998 | −$110,004 |
| (c) Estimated gain / loss, nominal dollars, 2021 → 2025 (4 years spanned) | 2021–2025 | −$1,418,991 | −$576,000 | +$266,991 |
Gain Low = latest Low − earliest High; Gain High = latest High − earliest Low (widest possible spread); Mid = latest Mid − earliest Mid.
Reliability flags (net worth): none for these two endpoints. Included in the recommended dollar-gain ranking.
Net worth by report year (mid; Low–High)
| Report year | Assets (mid) | Liabilities (mid) | Net worth mid | Low … High | Status / flags |
|---|---|---|---|---|---|
| 2021 | $274,002 | $400,000 | −$125,998 | −$376,995 … $124,999 | computed |
| 2022 | $199,002 | $420,001 | −$220,999 | −$461,996 … $19,998 | computed |
| 2023 | $199,002 | $387,500 | −$188,498 | −$411,996 … $34,999 | computed |
| 2024 | $199,002 | $550,001 | −$350,999 | −$646,996 … −$55,002 | computed |
| 2025 | $398,004 | $1,100,002 | −$701,998 | −$1,293,992 … −$110,004 | computed |
- What this is: Net worth = Schedule A assets (each value range at its midpoint; low–high range shown) minus Schedule D liabilities (midpoints / ranges). Low = assets at range floors minus liabilities at range ceilings; Mid = midpoints; High = assets at ceilings minus liabilities at floors. Low and High are outer bounds of the reported ranges, not likely outcomes.
- What it excludes / understates: exact values (only ranges are reported); a personal residence is not reported as an asset (although a mortgage on it may be listed as a liability, which then lowers the estimate); retirement and federal accounts (e.g. Thrift Savings Plan, defined-benefit pensions) are only partly or not reported; assets of excepted/blind trusts, cash held below reporting thresholds, vehicles, household goods and most spouse/dependent items exempt from reporting are not included; liabilities on a personal residence, revolving credit under thresholds and loans to family may be omitted by filers.
- Open-ended top ranges (e.g. “Over $50,000,000”) are counted at their lower bound and flagged, so such values are understated.
- The change is a change in estimated net worth in nominal dollars (no inflation adjustment). It includes salary, gifts, inheritances, business income and re-valuation as well as investment results, and it is subject to range-bracket noise; it is not an investment return and implies nothing about conduct.
2023 +0%
Reliability flags: few years (4); 1 year(s) driven by income/one position/range artefact.
Sensitivity band for the average (all ranges at floor vs. all at ceiling, same holdings both years): +19.2% to +18.6%. This band is narrow because it moves both years together; the true uncertainty is larger — see the per-year “strict envelope” column and the limitations.
Estimated year-over-year change
Bars: midpoint estimate; whisker: same-position floor/ceiling band. Axis clipped to −100%…+150%. Years with insufficient traceable holdings are omitted.
| Year (t−1 → t) | Opening value (mid) | Closing value (mid) | Income (mid) | Buys (mid) | Sales (mid) | Est. gain | Same-position band | Strict envelope | Traced coverage | Status / flags |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021→2022 | $199,002 | $199,002 | $2,452 | $0 | $0 | +1.2% | +1.2% … +1.3% | -96% … +98% | 73% | counted |
| 2022→2023 | $191,002 | $191,002 | $100 | $0 | $0 | +0.1% | +0.0% … +0.1% | -93% … +93% | 96% | counted |
| 2023→2024 | $199,002 | $199,002 | $701 | $0 | $0 | +0.4% | +0.2% … +0.4% | -96% … +97% | 100% | counted |
| 2024→2025 | $191,002 | $374,002 | $100 | $0 | $0 | +95.9% | +94.7% … +99.0% | -40% … +232% | 96% | counted; single position drives the result (range jump) |
Filings used
Each annual-report year uses one filing (most recently filed version among originals/amendments whose Schedule A row count is ≥ 40% of the largest). Electronic (text) PDFs are parsed. Scanned/image-only filings are OCR-read and used only if they pass the explicit validation gates described in the project README (value/income coverage, two-engine agreement, exact bracket snapping, page completeness, year-to-year position continuity); such years are labelled OCR-derived below. Scanned filings that fail validation are listed as “insufficient data – scanned”.
| Report year | Doc ID | Type | Filed | Schedule A rows | Rows with unparsed value | Source (official filing) / SHA-256 |
|---|---|---|---|---|---|---|
| 2021 | 10047400 | House annual | 5/4/2022 | 6 | 0 | 10047400.pdfee87498beaae7da729471a8560f1c4b212fa231d3489d751f62f6601f1d59d63 |
| 2022 | 10053149 | House annual | 5/9/2023 | 5 | 0 | 10053149.pdf40f172ba9489113a1f71e21e2404d27cbe2a92fae9f1e7150b4a95c511306707 |
| 2023 | 10060749 | House annual | 5/13/2024 | 4 | 0 | 10060749.pdfee9e6f4ded2b68d731b52ded274f984f3cab3656fc6d38d1599c6d87b9d3c873 |
| 2024 | 10068679 | House annual | 5/14/2025 | 4 | 0 | 10068679.pdf1352473be9b54e63e98c708f773a8474f012c1820bd7a5a97ae412eb46dec670 |
| 2025 | 10078141 | House annual | 6/14/2026 | 8 | 0 | 10078141.pdfa6efa244f14f147e0c63ced74fb8744f5a3aca7d7c4e6bee4d0936ab1abe6db5 |
Largest movers 2022→2023
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| 529 College [5P] | JT | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Peoples Bank [BA] | JT | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Spouse 401k [PE] | SP | held | $100,001 - $250,000 | $100,001 - $250,000 | $0 | $0 |
Largest movers 2023→2024
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Spouse 401k [PE] | SP | held | $100,001 - $250,000 | $100,001 - $250,000 | $0 | $0 |
| 529 College [5P] | JT | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Peoples Bank [BA] | JT | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| First Midwest Savings [BA] Indiana PERF [DB] | JT | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
Largest movers 2024→2025
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Spouse 401k [PE] | SP | held | $100,001 - $250,000 | $100,001 - $250,000; $100,001 - $250,000 | $0 | $0 |
| 529 College [5P] | JT | held | $1,001 - $15,000 | $1,001 - $15,000; $1,001 - $15,000 | $0 | $0 |
| Peoples Bank [BA] | JT | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
Method (summary)
- Schedule A asset rows are read from each annual report; the dollar range for each row is converted to its midpoint. Open-ended top ranges (“Over $50,000,000”) are excluded from the traced set and counted as a coverage loss.
- Positions are matched year to year by owner code (self/SP/DC/JT) + normalised asset name. A position that appears only in year t is included only if Schedule B shows a purchase of it in year t (opening value 0); a position that disappears is included only if Schedule B shows a sale (closing value 0). Otherwise it is excluded as unexplained.
- Estimated gain = (closing − opening + reported income − purchases + sale proceeds) ÷ opening, all at midpoints, for the traced positions. “Capital gains” income is not added again (it is already in value change and sale proceeds).
- A year counts only if traced opening value ≥ $50,000 and traced coverage ≥ 60% of the opening midpoint. A member is ranked only with ≥ 3 such years (exactly 2 = “limited data”, shown but unranked). Average = geometric mean of (1+yearly estimate).
Limitations
- Ranges are wide (up to a factor of 5 or more, and up to $50M+ open-ended); a holding can move between ranges without any real change in value, and stay in a range while moving materially. Yearly estimates are therefore noisy; the “strict envelope” shows the mathematical worst/best case and is typically wider than ±100%.
- Purchases and sales are only disclosed as ranges and only for transactions over $1,000; partial sales, dividend reinvestment, spousal/dependent accounts and retirement-plan funds are reported inconsistently. Excepted/blind trusts, personal residences and certain pensions are not reported at all.
- Filers sometimes change how they list assets (e.g. listing a brokerage account vs. its individual holdings), which can make positions untraceable across years; these are excluded rather than guessed.
- Asset values in an annual report are as of Dec 31 of the reporting year; the report year t−1→t covers that calendar year. Late or amended filings are used when filed; extensions can delay them.
- The text of these reports is machine-parsed from PDFs; parse errors are possible. Every number links back to the cited filing. This is not investment advice.
- Use of these filings is restricted by 5 U.S.C. § 105(c) (no unlawful, commercial or credit-rating purpose, and none for solicitation of money).
Generated 2026-10-01 by an automated pipeline. Data: Office of the Clerk, U.S. House of Representatives (disclosures-clerk.house.gov); member roster: unitedstates/congress-legislators (CC0).