Civic Intelligence

Amherst Downtown & Betterment Association

990EZ • Fiscal year 2018 • EIN 34-1965294

Jan 01, 2018 to Dec 31, 2018 • Filed on May 16, 2019

255 Park AvenueAmherst, OH 44001

(440) 984-6709

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.05x

Higher debt load relative to assets than 73% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

83rd percentile

0.10x

Higher debt load relative to revenue than 83% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

76th percentile

20%

Higher net margin than 76% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

90th percentile

$42,996

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 37.4% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

64th percentile

11%

Faster asset growth than 64% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

63rd percentile

10%

Faster revenue growth than 63% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Up

$254,603

Up $25,029 (+11%) from 2017

Net Assets

Up

$242,857

Up $23,581 (+11%) from 2017

Liabilities

Up

$11,746

Up $1,448 (+14%) from 2017

Revenue

Up

$115,047

Up $10,525 (+10%) from 2017

Expenses

Down

$91,463

Down $5,711 (-5.9%) from 2017

Net Income

Up

$23,584

Up $16,236 (+221%) from 2017

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $151,309Liabilities 2011: $7,323Net Assets 2011: $143,9862011Assets 2012: $145,818Liabilities 2012: $6,227Net Assets 2012: $139,5912012Assets 2013: $160,692Liabilities 2013: $8,101Net Assets 2013: $152,5912013Assets 2014: $172,428Liabilities 2014: $6,800Net Assets 2014: $165,6282014Assets 2015: $201,224Liabilities 2015: $10,929Net Assets 2015: $190,2952015Assets 2016: $216,995Liabilities 2016: $4,842Net Assets 2016: $212,1532016Assets 2017: $229,574Liabilities 2017: $10,298Net Assets 2017: $219,2762017Assets 2018: $254,603Liabilities 2018: $11,746Net Assets 2018: $242,8572018Assets 2019: $264,376Liabilities 2019: $17,269Net Assets 2019: $247,1072019Assets 2020: $281,134Liabilities 2020: $8,250Net Assets 2020: $272,8842020Assets 2021: $283,945Liabilities 2021: $9,864Net Assets 2021: $274,0812021Assets 2022: $310,369Liabilities 2022: $12,319Net Assets 2022: $298,0502022Assets 2023: $363,564Liabilities 2023: $18,911Net Assets 2023: $344,6532023Assets 2024: $397,353Liabilities 2024: $9,482Net Assets 2024: $387,8712024

Highlighted filing

2018

Assets$254,603
Liabilities$11,746
Net Assets$242,857

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2011: $98,576Expenses 2011: $75,396Net Income 2011: $23,1802011Revenue 2012: $74,757Expenses 2012: $79,152Net Income 2012: -$4,3952012Revenue 2013: $98,260Expenses 2013: $85,260Net Income 2013: $13,0002013Revenue 2014: $99,875Expenses 2014: $86,915Net Income 2014: $12,9602014Revenue 2015: $117,017Expenses 2015: $92,322Net Income 2015: $24,6952015Revenue 2016: $117,497Expenses 2016: $95,888Net Income 2016: $21,6092016Revenue 2017: $104,522Expenses 2017: $97,174Net Income 2017: $7,3482017Revenue 2018: $115,047Expenses 2018: $91,463Net Income 2018: $23,5842018Revenue 2019: $99,901Expenses 2019: $95,647Net Income 2019: $4,2542019Revenue 2020: $121,761Expenses 2020: $108,785Net Income 2020: $12,9762020Revenue 2021: $105,572Expenses 2021: $115,165Net Income 2021: -$9,5932021Revenue 2022: $134,939Expenses 2022: $110,970Net Income 2022: $23,9692022Revenue 2023: $167,039Expenses 2023: $120,436Net Income 2023: $46,6032023Revenue 2024: $168,511Expenses 2024: $121,605Net Income 2024: $46,9062024

Highlighted filing

2018

Revenue$115,047
Expenses$91,463
Net Income$23,584
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 16, 2019
Return Version
2018v3.1
Gross Receipts
$138,316
Mission and Program Overview

Mission

Our mission is to promote and maintain an historic and economically vital downtown that is attractive and accessible to people of all ages.

Program Services

DescriptionGrantsExpenses
DANCING ON MAIN STREET, MIRACLE ON MAIN STREET, HEART OF THE CITY, TASTE OF AMHERST WINE & BREW AND WINE & CHOCOLATE WALK ARE FUNDRAISING EVENTS HELD ANNUALLY TO PROMOTE COMMUNITY DEVELOPMENT AND RAISE FUNDS TO SUPPORT MAIN STREET AMHERST.-$15,964
DANCING ON MAIN STREET, MIRACLE ON MAIN STREET, HEART OF THE CITY, TASTE OF AMHERST WINE & BREW AND WINE & CHOCOLATE WALK ARE FUNDRAISING EVENTS HELD ANNUALLY TO PROMOTE COMMUNITY DEVELOPMENT AND RAISE FUNDS TO SUPPORT MAIN STREET AMHERST.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
TERESA L GILLESEx DirectorFT$42,996-$42,996
JOHN DUNNTreasurer-$0--
JONI POLIPromotional-$0--
MIKE CIUBusiness Enh-$0--
DENISE MCCARTYPresident-$0--
TOM ANDERSONVice Preside-$0--
ERIN LINKOperations-$0--
BOBBY VAUGHNSpecial Proj-$0--
PAT FARNSWORTHDesign-$0--
DONNA TEMPLETONSecretary-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dancing on Main$39,023$39,023$6,346$32,677
Miscellaneous E$11,470$11,470$1,273$10,197
Total Events$80,563$80,563$23,269$57,294
Filing and Contact Details

Filer

Filer Name
Amherst Downtown & Betterment
EIN
34-1965294
Phone
4409846709
Address
255 PARK AVENUE, AMHERST, OH 44001

Signing Officer

Name
John Dunn
Title
Treasurer
Phone
4409846709
Signed
2019-05-16
Discuss with paid preparer
Yes

Preparer

Firm
Furrer & Associates Inc
Address
28045 CLEMENS RD STE B, WESTLAKE, OH 44145-1139
Preparer
Sandra J Gump CPA
Phone
4408997116
Supplemental Narrative

Additional Explanations

Form 990-ez, Page 1, Item C

Main street amherst, inc.

Form 990-ez, Part I, Line 8

Building rental 1,005 rebate program 678 miscellaneous income 7 total 1,690

Form 990-ez, Part I, Line 16

Expenses advertising 3,619 bank charges 390 travel 578 dues & membership fees 3,339 office supplies 3,016 telephone 1,753 subscriptions 1,002 equipment rental 1,340 board hospitality 612 insurance 1,236 postage and delivery 796 website 225 miscellaneous 22 auto expenses 87 payroll service fees 97 unrealized losses 1,282 non-investment depreciation 1,014 total 20,408

Form 990-ez, Part II, Line 24

Accounts receivable 40 590 31,663 37,288 less accumulated depreciation 13,750 14,903 beneficial int. Comm. Found. Endow. 22,013 20,530 total 39,966 43,505

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 4,377 5,114 deferred revenue 0 800 accrued ira 2,500 2,500 accrued federal & fica taxes 1,748 1,136 accrued payroll 990 1,483 city withholding 407 418 state withholding 279 295

Form 990-ez, Part III

Our mission is to promote and maintain an historic and economically vital downtown that is attractive and accessible to people of all ages.

Form 990-ez, Part III, Line 28

Dancing on main street, miracle on main street, heart of the city, taste of amherst wine & brew and wine & chocolate walk are fundraising events held annually to promote community development and raise funds to support main street amherst.

Form 990-ez, Part III, Line 31

Dancing on main street, miracle on main street, heart of the city, taste of amherst wine & brew and wine & chocolate walk are fundraising events held annually to promote community development and raise funds to support main street amherst.

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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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1DANCING ON MAIN STREET, MIRACLE ON MAIN STREET, HEART OF THE CITY, TASTE OF AMHERST WINE & BREW AND WINE & CHOCOLATE WALK ARE FUNDRAISING EVENTS HELD ANNUALLY TO PROMOTE COMMUNITY DEVELOPMENT AND RAISE FUNDS TO SUPPORT MAIN STREET AMHERST.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MAIN STREET AMHERST, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BUILDING RENTAL 1,005 REBATE PROGRAM 678 MISCELLANEOUS INCOME 7 TOTAL 1,690
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXPENSES ADVERTISING 3,619 BANK CHARGES 390 TRAVEL 578 DUES & MEMBERSHIP FEES 3,339 OFFICE SUPPLIES 3,016 TELEPHONE 1,753 SUBSCRIPTIONS 1,002 EQUIPMENT RENTAL 1,340 BOARD HOSPITALITY 612 INSURANCE 1,236 POSTAGE AND DELIVERY 796 WEBSITE 225 MISCELLANEOUS 22 AUTO EXPENSES 87 PAYROLL SERVICE FEES 97 UNREALIZED LOSSES 1,282 NON-INVESTMENT DEPRECIATION 1,014 TOTAL 20,408
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS RECEIVABLE 40 590 31,663 37,288 LESS ACCUMULATED DEPRECIATION 13,750 14,903 BENEFICIAL INT. COMM. FOUND. ENDOW. 22,013 20,530 TOTAL 39,966 43,505
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACCOUNTS PAYABLE AND ACCRUED EXPENSES 4,377 5,114 DEFERRED REVENUE 0 800 ACCRUED IRA 2,500 2,500 ACCRUED FEDERAL & FICA TAXES 1,748 1,136 ACCRUED PAYROLL 990 1,483 CITY WITHHOLDING 407 418 STATE WITHHOLDING 279 295
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5OUR MISSION IS TO PROMOTE AND MAINTAIN AN HISTORIC AND ECONOMICALLY VITAL DOWNTOWN THAT IS ATTRACTIVE AND ACCESSIBLE TO PEOPLE OF ALL AGES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DANCING ON MAIN STREET, MIRACLE ON MAIN STREET, HEART OF THE CITY, TASTE OF AMHERST WINE & BREW AND WINE & CHOCOLATE WALK ARE FUNDRAISING EVENTS HELD ANNUALLY TO PROMOTE COMMUNITY DEVELOPMENT AND RAISE FUNDS TO SUPPORT MAIN STREET AMHERST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DANCING ON MAIN STREET, MIRACLE ON MAIN STREET, HEART OF THE CITY, TASTE OF AMHERST WINE & BREW AND WINE & CHOCOLATE WALK ARE FUNDRAISING EVENTS HELD ANNUALLY TO PROMOTE COMMUNITY DEVELOPMENT AND RAISE FUNDS TO SUPPORT MAIN STREET AMHERST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PAGE 1, ITEM C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02019-02-21 02:37:17Z
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0441451139
ReturnHeader/PreparerPersonGrp/PhoneNum04408997116
ReturnHeader/PreparerPersonGrp/PreparationDt02019-06-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SANDRA J GUMP CPA
ReturnHeader/ReturnTs02019-06-10T07:40:54-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.97$0.09$3.88$1.69$1.22$0.47
2023Detailed filing. Detailed filing data is available for this year.$3.64$0.19$3.45$1.67$1.20$0.47
2022Detailed filing. Detailed filing data is available for this year.$3.10$0.12$2.98$1.35$1.11$0.24
2021Detailed filing. Detailed filing data is available for this year.$2.84$0.10$2.74$1.06$1.15$0.10
2020Detailed filing. Detailed filing data is available for this year.$2.81$0.08$2.73$1.22$1.09$0.13
2019Detailed filing. Detailed filing data is available for this year.$2.64$0.17$2.47$1.00$0.96$0.04
2018Detailed filing. Detailed filing data is available for this year.$2.55$0.12$2.43$1.15$0.91$0.24
2017Detailed filing. Detailed filing data is available for this year.$2.30$0.10$2.19$1.05$0.97$0.07
2016Detailed filing. Detailed filing data is available for this year.$2.17$0.05$2.12$1.17$0.96$0.22
2015Detailed filing. Detailed filing data is available for this year.$2.01$0.11$1.90$1.17$0.92$0.25
2014Detailed filing. Detailed filing data is available for this year.$1.72$0.07$1.66$1.00$0.87$0.13
2013Detailed filing. Detailed filing data is available for this year.$1.61$0.08$1.53$0.98$0.85$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.46$0.06$1.40$0.75$0.79$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.51$0.07$1.44$0.99$0.75$0.23