THE BERKELEY ALEMBIC FOUNDATION

EIN: 873386461 501(c)(3) Education

Berkeley, CA

Total Revenue
$743,095
Total Expenses
$695,862
Total Assets
$294,503
Net Assets
$294,503
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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
CA
Principal Officer
Kathryn Devaney
Tax Period
2024-01-01 to 2024-12-31

THE BERKELEY ALEMBIC FOUNDATION, founded in 2021, is a small nonprofit in the Education sector that reported $743K in total revenue in fiscal year 2024. Revenue surged 76% from the prior year, signaling strong growth momentum. Expenses of $696K left a modest 6% surplus.

Mission

The Alembic is a nonprofit bodymind center committed to experiments in transformation.

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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 $382,763
Program Service Revenue $310,303
Investment Income $122
Other Revenue $49,907
TOTAL REVENUE $743,095

Expense Breakdown

Grants Paid $0
Salaries & Benefits $327,226
Fundraising Expenses $7,359
Program Expenses $536,619
Other Expenses $368,636
TOTAL EXPENSES $695,862

Year-over-Year Comparison

2024 2023 Change
Revenue $743,095 $423,274 +0.8%
Expenses $695,862 $493,452 +0.4%
Net Income $47,233 $-70,178 -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

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Governance

Voting Members
3
Independent Members
3
Employees
4
Volunteers
97

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
$111,356
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kathryn Devaney Vice President 5.00
Officer
$111,356 $0 $111,356
Michael Taft President 5.00
Officer
$0 $0 $0
Erik Davis Secretary 5.00
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
2024 $743,095 $695,862 $294,503 $47,233
2023 $440,058 $510,235 $247,270 $-70,177
2022 $611,111 $319,173 $317,446 $291,938
2022 $611,111 $319,173 $317,446 $291,938
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