Civic Intelligence

Amherst Downtown & Betterment Association

990EZ • Fiscal year 2019 • EIN 34-1965294

Jan 01, 2019 to Dec 31, 2019 • Filed on Jun 10, 2020

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

76th percentile

0.07x

Higher debt load relative to assets than 76% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

87th percentile

0.17x

Higher debt load relative to revenue than 87% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

52nd percentile

4.3%

Higher net margin than 52% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

91st percentile

$43,585

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 43.6% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

53rd percentile

3.8%

Faster asset growth than 53% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

30th percentile

-13%

Faster revenue growth than 30% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$264,376

Up $9,773 (+3.8%) from 2018

Net Assets

Up

$247,107

Up $4,250 (+1.8%) from 2018

Liabilities

Up

$17,269

Up $5,523 (+47%) from 2018

Revenue

Down

$99,901

Down $15,146 (-13%) from 2018

Expenses

Up

$95,647

Up $4,184 (+4.6%) from 2018

Net Income

Down

$4,254

Down $19,330 (-82%) from 2018

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

2019

Assets$264,376
Liabilities$17,269
Net Assets$247,107

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

2019

Revenue$99,901
Expenses$95,647
Net Income$4,254
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jun 10, 2020
Return Version
2019v5.0
Gross Receipts
$119,787
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.-$19,675
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$43,585-$43,585
JOHN DUNNTreasurer-$0--
JONI POLIPromotional-$0--
MIKE CIUPresident-$0--
DENISE MCCARTYVice Preside-$0--
DONNA TEMPLETONSecretary-$0--
GINNI MURPHYOperations-$0--
MICAH JUDYBusiness Enh-$0--
TERRI KIEDROWSKIDesign-$0--
KEVIN DELONGSpecial Proj-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Basket Bingo$15,800$15,800$2,005$13,795
Miracle on Main$14,235$14,235$1,386$12,849
Total Events$58,332$58,332$19,886$38,446
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
2020-06-10
Discuss with paid preparer
Yes

Preparer

Firm
Furrer & Associates Inc
Address
28045 CLEMENS RD STE B, WESTLAKE, OH 44145-1139
Preparer
Stephen J Furrer 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 1,055 rebate program 667 total 1,722

Form 990-ez, Part I, Line 16

Expenses advertising 3,274 bank charges 401 travel 5,987 dues & membership fees 2,311 office supplies 3,382 telephone 1,551 seminars 1,265 subscriptions 689 equipment rental 1,414 board hospitality 2,054 insurance 1,376 postage and delivery 515 website 341 miscellaneous 527 auto expenses 550 payroll service fees 94 software 10 non-investment depreciation 1,282 total 27,023

Form 990-ez, Part II, Line 24

Accounts receivable 590 1,250 37,288 42,472 less accumulated depreciation 14,903 16,184 beneficial int. Comm. Found. Endow. 20,530 23,930 total 43,505 51,468

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 5,118 9,393 deferred revenue 800 0 accrued ira 2,500 2,500 accrued federal & fica taxes 1,136 4,098 accrued payroll 1,483 549 city withholding 418 426 state withholding 295 303

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 Appendix227 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/ExplanationTxt0MAIN STREET AMHERST, INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BUILDING RENTAL 1,055 REBATE PROGRAM 667 TOTAL 1,722
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXPENSES ADVERTISING 3,274 BANK CHARGES 401 TRAVEL 5,987 DUES & MEMBERSHIP FEES 2,311 OFFICE SUPPLIES 3,382 TELEPHONE 1,551 SEMINARS 1,265 SUBSCRIPTIONS 689 EQUIPMENT RENTAL 1,414 BOARD HOSPITALITY 2,054 INSURANCE 1,376 POSTAGE AND DELIVERY 515 WEBSITE 341 MISCELLANEOUS 527 AUTO EXPENSES 550 PAYROLL SERVICE FEES 94 SOFTWARE 10 NON-INVESTMENT DEPRECIATION 1,282 TOTAL 27,023
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTS RECEIVABLE 590 1,250 37,288 42,472 LESS ACCUMULATED DEPRECIATION 14,903 16,184 BENEFICIAL INT. COMM. FOUND. ENDOW. 20,530 23,930 TOTAL 43,505 51,468
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACCOUNTS PAYABLE AND ACCRUED EXPENSES 5,118 9,393 DEFERRED REVENUE 800 0 ACCRUED IRA 2,500 2,500 ACCRUED FEDERAL & FICA TAXES 1,136 4,098 ACCRUED PAYROLL 1,483 549 CITY WITHHOLDING 418 426 STATE WITHHOLDING 295 303
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/BuildTS02021-01-29 14:40:06Z
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ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0B55B6DB035A23A30EF96AABBC52E46C0A6C25F8A
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt070.60.152.26
ReturnHeader/FilingSecurityInformation/IPDt02020-06-29
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm008:29:57
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0161657233
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FURRER & ASSOCIATES INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt028045 CLEMENS RD STE B
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WESTLAKE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0441451139
ReturnHeader/PreparerPersonGrp/PhoneNum04408997116
ReturnHeader/PreparerPersonGrp/PreparationDt02020-06-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEPHEN J FURRER CPA
ReturnHeader/ReturnTs02020-06-29T08:29:57-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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