ALCHEMY INC (EIN 061653765) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

KWAME SCRUGGS

Phone

3306655920

Tax Period

2024-07-01 to 2025-06-30

ALCHEMY INC, founded in 2003, is a small nonprofit in the Human Services sector that reported $400K in total revenue in fiscal year 2024. Expenses of $372K left a modest 7% surplus.

Mission

TO ASSIST URBAN ADOLESCENTS TO DEVELOP A SENSE OF PURPOSE IN LIFE AND TO THRIVE AS MEMBERS OF A FAMILY, SCHOOL AND 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $400,371

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $400,371

Expense Breakdown

Grants Paid $0

Salaries & Benefits $173,681

Fundraising Expenses $0

Program Expenses $216,372

Other Expenses $198,273

TOTAL EXPENSES $371,954

Year-over-Year Comparison

	2024	2023	Change
Revenue	$400,371	$399,357	+0.0%
Expenses	$371,954	$443,017	-0.2%
Net Income	$28,417	$-43,660	-1.7%

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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

Total Directors

$175,832

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KWAME SCRUGGS	EXECUTIVE DI	50.00	Director	$175,832	$0	$175,832
BRUCE ALEXANDER	TRUSTEE	2.00	Director	$0	$0	$0
MITCH ALLEN	TRUSTEE	2.00	Director	$0	$0	$0
GEOFF AUERBACH	TRUSTEE	2.00	Director	$0	$0	$0
CARLA CHAPMAN	CHAIRPERSON	2.00	Officer Director	$0	$0	$0
BRANDYN COSTA	SECRETARY	2.00	Officer Director	$0	$0	$0
DEBRA DRONE	TREASURER	2.00	Director	$0	$0	$0
DR MICHAEL FORBES	TRUSTEE	2.00	Director	$0	$0	$0
RUSSEL NEAL	TRUSTEE	2.00	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	$400,371	$371,954	$89,264	$28,417
2024	$399,357	$443,017	$51,579	$-43,660
2023	$612,713	$591,656	$60,239	$21,057
2022	$185,731	$217,388	$37,182	$-31,657
2021	$173,332	$228,638	$49,094	$-55,306
2020	$246,566	$232,933	$104,400	$13,633
2019	$280,317	$275,262	$90,767	$5,055

ALCHEMY INC