Alchemy Community Therapy Center (EIN 842480193) - 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

2019

Legal Domicile

Principal Officer

Gregory Kearns

Phone

5109290222

Tax Period

2023-09-01 to 2024-08-31

Alchemy Community Therapy Center, founded in 2019, is a small nonprofit in the Diseases & Disorders sector that reported $761K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

Alchemy Community Therapy Center provides high-quality training, accesible psychedelic therapy, and innovative research, fostering effective and culturally-responsible mental health treatment for underserved communities.

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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 (2023)

Revenue Breakdown

Contributions & Grants $11,169

Program Service Revenue $740,543

Investment Income $0

Other Revenue $9,300

TOTAL REVENUE $761,012

Expense Breakdown

Grants Paid $0

Salaries & Benefits $576,011

Fundraising Expenses $13,247

Program Expenses $702,686

Other Expenses $213,698

TOTAL EXPENSES $789,709

Year-over-Year Comparison

	2023	2022	Change
Revenue	$761,012	$667,909	+0.1%
Expenses	$789,709	$823,660	0.0%
Net Income	$-28,697	$-155,751	-0.8%

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

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

$88,861

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Deidra Somerville	Executive Dir.	40.00	Officer	$88,861	$0	$88,861
Gregory Kearns	Chairman	2.00	Officer Director	$0	$0	$0
Jesse Hudson	Secretary	0.10	Officer Director	$0	$0	$0
Mark Grant	Treasurer	2.00	Officer Director	$0	$0	$0
Charlie Bathgate	Director	0.10	Director	$0	$0	$0
Hannah McClane	Director	0.10	Director	$0	$0	$0
Rae St Amault	Director	0.10	Director	$0	$0	$0
Barine Majewska	Director	0.10	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
2024	$761,012	$789,709	$140,848	$-28,697
2023	$667,909	$823,660	$272,819	$-155,751
2022	$704,887	$845,056	$268,267	$-140,169
2021	$826,637	$493,606	$472,340	$333,031
2020	$142,662	$108,469	$48,404	$34,193

Alchemy Community Therapy Center