PURE ALCHEMY ASSOCIATION

EIN: 861831079 501(c)(3) Education

NAPERVILLE, IL

Total Revenue
N/A
Total Expenses
$4,375
Total Assets
$126
Net Assets
$126
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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
2021
Legal Domicile
IL
Principal Officer
MARQUELL OLIVER
Phone
6309228600
Tax Period
2022-01-01 to 2022-12-31

PURE ALCHEMY ASSOCIATION, founded in 2021, is a micro nonprofit in the Education sector that reported $5K in total revenue in fiscal year 2021.

Mission

PURE ALCHEMY IS FOCUSED ON BUILDING COMMUNITIES THAT ARE CULTURALLY RESPONSIVE TO BUILD POSITIVE SOCIAL CHANGE, BY ALIGNING EDUCATION TO CONTINUALLY EVOLVE AND REMAIN RELEVANT TO THE REAL WORLD BY DEVELOPING TODAY'S STUDENTS TO EMERGE AS TOMORROW'S LEADERS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $4,300
Other Expenses $4,375
TOTAL EXPENSES $4,375

Year-over-Year Comparison

2022 2021 Change
Revenue N/A $4,501 -1.0%
Expenses $4,375 N/A N/A
Net Income N/A $4,501 N/A
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HARPREET CHAWLA TREASURER 2.00
Officer
$0 $0 $0
TIFFANY MORRISON SECRETARY 2.00
Officer
$0 $0 $0
MARQUELL OLIVER CHAIRMAN 12.00
Officer
$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
2022 No data $4,375 $126 No data
2021 $4,501 No data $4,501 No data
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