Amherst Area Foundation INC

Tax-deductible

Amherst, WI501(c)(3)Human ServicesEIN 39-1567718Revenue $911K in FY2024

On file with the IRSlettiejensencenter.org487 N Main St, 54406-9103 · Amherst, WITax-exempt since Mar 1988Publicly supported — 509(a)(2)

This page gets seen. Tell your story. Claim this org.

To provide a building and facilities to all members of the community and to provide a community information publication.

501(c)(3) charity; gifts are tax-deductible.
95¢ of each $1 spent went to programs.
$49K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 4
filings with a surplus
Average surplus $145K a year · 35% of revenue · last 4 filings
Fine: a surplus in 3 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$49K
to officers and key staff · 14% of spending
Top officer’s pay lower than 63% of similar orgs
Looks good: pay to officers and key staff is 14% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
7 mo
of spending, in cash
Looks good: 7.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $72K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$7K
0.5% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 14 voting members
Concern: none of 14 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$911K
+180% vs prior year
Spent
$357K
To programs
95%
Net assets
$1.5M
By yearFY2020–FY2024
Revenue
$911K
FY2024▲ +180%
Tap a bar for its year
Revenue by fiscal year
FY2020$159K
FY2022$276K
FY2023$325K
FY2024$911K
Expenses
$357K
FY2024▲ +21%
Tap a bar for its year
Expenses by fiscal year
FY2020$203K
FY2022$236K
FY2023$295K
FY2024$357K
Net assets
$1.5M
FY2024▲ +65%
Tap a bar for its year
Net assets by fiscal year
FY2020$721K
FY2022$829K
FY2023$891K
FY2024$1.5M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 1988.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $340K Management & general 4% · $15K Fundraising 0% · $2K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

15 people listed on the 990; $49K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Di
$49,440Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Brent Frankenhoff’s $49K as Executive Di is at the 37th percentile of top reported officer pay among 2168 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2020
Brent Frankenhoff$49,440$30,345

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Amherst Area Foundation INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers community building and facilities, plus publishes local information.

Questions for Amherst Area Foundation INC

Tap to ask. Amherst Area Foundation INC sees how many people are interested.

Your first name shows with your question. Amherst Area Foundation INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

2 programs · $309K · in their own filed words · FY2024
01

To provide a building and facilities to all members of amherst and the surrounding communities.

$245Kprogram expense
02

To provide a community information publication "our community spirit".

$64Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$72K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$911K
Ln 12
Gifts and grantsLn 1h$668K
Fees for servicesLn 2g$147K
Other incomeLn 4–11$49K
Money outPt IX
$357K
Ln 25
Programscol B$340K
Managementcol C$15K
Fundraisingcol D$2K
Owns and owesPt X
$1.5M
net assets · Ln 32
Cash and savingsLn 1–2$219K
Total assetsLn 16$1.5M
LiabilitiesLn 26$7K
PeoplePt VI, VII
15
listed · VII A
PaidVII A1
Voting boardVI 1a14
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$668K
Fees for servicesLn 2g$147K
Investment incomeLn 3$48K
Other incomeLn 4–11$49K
Total revenueLn 12$911K
Assets in detailPt X, end of year
CashLn 1−$1
SavingsLn 2$219K
Cash and savings togetherLn 1–2$219K
InvestmentsLn 11–13$456K
Land, buildings, equipmentLn 10c$564K
Total assetsLn 16$1.5M
LiabilitiesLn 26$7K
Net assetsLn 32$1.5M
OperationsPt I, VI
EmployeesI 55
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$29K$219K
InvestmentsLn 11–13$610K$456K
Land, buildings, equipmentLn 10c$245K$564K
Total assetsLn 16$898K$1.5M
LiabilitiesLn 26$7K$7K
Net assetsLn 32$891K$1.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$49K$48K$989$494
Other salaries and wagesLn 7$73K$71K$1K$727
Payroll taxesLn 10$9K$9K$185$92
Accounting feesLn 11c$2K$2K$16
Other fees for servicesLn 11g$1K$660$340
Office expensesLn 13$72K$72K
Information technologyLn 14$3K$3K
OccupancyLn 16$25K$20K$4K$292
Depreciation, depletion and amortizationLn 22$32K$32K
InsuranceLn 23$14K$9K$5K
Other expenses (24a–d)Ln 24$73K$73K
All other expensesLn 24e$4K$3K$563
Total functional expensesLn 25$357K$340K$15K$2K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $911K$357K$554K$1.5M 990 PDF
FY2023 $325K$295K$30K$891K 990 PDF
FY2022 $276K$236K$40K$829K 990 PDF
FY2021 Not on file
FY2020 $159K$203K−$44K$721K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $911,476 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $112,679$667,662
I-9 Program service revenuePrior year $108,335$147,091
I-10 Investment incomePrior year $32,937$47,786
I-11 Other revenuePrior year $71,129$48,937
I-12 Total revenuePrior year $325,080$911,476
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $105,182$131,377
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $190,018$225,941
I-18 Total expensesPrior year $295,200$357,318
I-19 Revenue less expensesPrior year $29,880$554,158
Part VI · Governance 0 of 14 board members independent, 3 to look at
VI-1a Voting members of the governing body14
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $911,476 across 7 lines filed
Lines not itemized here account for $153 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$667,662
VIII-1h Total contributions, gifts and grants$667,662
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Excluded from tax $147,091$147,091
VIII-3 Investment incomeRelated to mission $47,786$47,786
VIII-8 Net income from fundraising eventsExcluded from tax $12,594$12,594
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $36,190$36,190
VIII-12 Total revenueRelated to mission $84,129 · Excluded from tax $159,685$911,476
Part IX · Statement of functional expenses $357,318 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $47,957 · Management $989 · Fundraising $494$49,440
IX-7 Other salaries and wagesPrograms $70,511 · Management $1,454 · Fundraising $727$72,692
IX-10 Payroll taxesPrograms $8,968 · Management $185 · Fundraising $92$9,245
IX-11c Accounting feesPrograms $2,434 · Management $16$2,450
IX-11g Other fees for servicesPrograms $660 · Management $340$1,000
IX-13 Office expensesPrograms $72,068$72,068
IX-14 Information technologyManagement $3,212$3,212
IX-16 OccupancyPrograms $20,306 · Management $4,082 · Fundraising $292$24,680
IX-22 Depreciation, depletion and amortizationPrograms $31,676$31,676
IX-23 InsurancePrograms $9,259 · Management $4,561$13,820
IX-24 Other expenses (24a–d)Programs $73,008$73,008
IX-24e All other expensesPrograms $3,464 · Management $563$4,027
IX-25 Total functional expensesPrograms $340,311 · Management $15,402 · Fundraising $1,605$357,318
Part X · Balance sheet $1,474,527 assets, 12 lines filed
X-1 Cash, non-interest-bearing−$1
X-2 Savings and temporary cash investmentsStart of year $28,717$218,582
X-3 Pledges and grants receivable$231,873
X-4 Accounts receivableStart of year $11,405$3,047
X-8 Inventories for sale or useStart of year $1,300$1,144
X-10c Land, buildings and equipment, netStart of year $244,973$563,954
X-11 Publicly traded securitiesStart of year $609,655$455,928
X-16 Total assetsStart of year $898,119$1,474,527
X-25 Other liabilitiesStart of year $6,945$7,441
X-26 Total liabilitiesStart of year $6,945$7,441
X-32 Total net assets or fund balancesStart of year $891,174$1,467,086
X-33 Total liabilities and net assetsStart of year $898,119$1,474,527
Part XI · Reconciliation of net assets $1,467,086 net assets at year end
XI-1 Total revenue$911,476
XI-2 Total expenses$357,318
XI-3 Revenue less expenses$554,158
XI-4 Net assets at start of year$891,174
XI-5 Net unrealized gains (losses) on investments$20,045
XI-8 Prior period adjustments$10,963
XI-9 Other changes in net assets−$9,254
XI-10 Net assets at end of year$1,467,086

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.