THE DOWNTOWN AMHERST FOUNDATION INC

EIN: 843052133 501(c)(3) Community Improvement

AMHERST, MA

Total Revenue
$374,771
Total Expenses
$494,007
Total Assets
$769,678
Net Assets
$763,052
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
MA
Principal Officer
GABRIELLE GOULD
Phone
4132303020
Tax Period
2024-07-01 to 2025-06-30

THE DOWNTOWN AMHERST FOUNDATION INC, founded in 2019, is a small nonprofit in the Community Improvement sector that reported $375K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $494K exceeded revenue, resulting in a 32% operating deficit.

Mission

BUILDING AND CREATING CULTURE, BEAUTY AND PROGRAMMING IN DOWNTOWN AMHERST TO ENSURE A THRIVING, BEAUTIFUL AND DIVERSE CULTURAL COLLEGE COMMUNITY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $94,476
Program Service Revenue $279,531
Investment Income $764
Other Revenue $0
TOTAL REVENUE $374,771

Expense Breakdown

Grants Paid $0
Salaries & Benefits $163,135
Fundraising Expenses $4,157
Program Expenses $481,694
Other Expenses $330,872
TOTAL EXPENSES $494,007

Year-over-Year Comparison

2024 2023 Change
Revenue $374,771 $503,156 -0.3%
Expenses $494,007 $454,242 +0.1%
Net Income $-119,236 $48,914 -3.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
15
Volunteers
13

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GABRIELLE GOULD PRESIDENT 2.00
Officer Director
$0 $0 $0
ANTONIOS MAROULIS PRESIDENT EMERITUS 2.00
Officer Director
$0 $0 $0
JOHN KUHN VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
SUSAN BAIN BELLAK TREASURER 2.00
Officer Director
$0 $0 $0
CLARE BERTRAND SECRETARY 1.00
Officer Director
$0 $0 $0
YASMIN EISENHAUER DIRECTOR 1.00
Director
$0 $0 $0
AMY GATES DIRECTOR 1.00
Director
$0 $0 $0
JON NIEDZIELSKI DIRECTOR 1.00
Director
$0 $0 $0
SHARON POVINELLI DIRECTOR 1.00
Director
$0 $0 $0
MELISSA GIRAUD DIRECTOR 1.00
Director
$0 $0 $0
IRVIN RHODES DIRECTOR 1.00
Director
$0 $0 $0
JOHN SNYDER DIRECTOR 1.00
Director
$0 $0 $0
JIM OLSON DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $374,771 $494,007 $769,678 $-119,236
2024 No data No data No data No data
2023 $658,104 $543,067 $839,467 $115,037
2022 $876,040 $274,310 $722,172 $601,730
2020 $318,303 $273,424 $55,482 $44,879
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