Liabilities / Assets
65th percentile
Higher debt load relative to assets than 65% of similar nonprofits.
Alchemy Initiative Inc
990EZ • Fiscal year 2016 • EIN 27-0399304
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.02x
Liabilities / Revenue
62nd percentile
Higher debt load relative to revenue than 62% of similar nonprofits.
Net Margin
88th percentile
Higher net margin than 88% of similar nonprofits.
Top Officer Pay
86th percentile
Higher top officer pay than 86% of similar nonprofits.
Top officer pay equals 28.0% of source-year revenue.
Asset Growth
97th percentile
Faster asset growth than 97% of similar nonprofits.
Revenue Growth
89th percentile
Faster revenue growth than 89% of similar nonprofits.
Balance Sheet
Assets
Up$49,670
Up $39,876 (+407%) from 2015
Net Assets
Up$48,821
Up $39,027 (+398%) from 2015
Liabilities
$849
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
Up$99,906
Up $40,663 (+69%) from 2015
Expenses
Down$60,879
Down $13,300 (-18%) from 2015
Net Income
Up$39,027
Up $53,963 (+361%) from 2015
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2016 to Dec 31, 2016
- Signed
- Nov 15, 2017
- Return Version
- 2016v3.0
- Gross Receipts
- $99,906
Mission and Program Overview
Mission
Alchemy initiative is an urban model of sustainability and community in the heart of downtown pittsfield. To provide knowledge and activities related to food, farming, and urban beautification as well as to serve as an educational resource for the community.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| EDUCATION AND ACTIVITIES RELATED TO FOOD, FARMING, AND URBAN BEAUTIFICATION. THE ORGANIZATION MANAGES A FARMERS MARKET AND PROVIDES PROGRAMS TO ENSURE FOOD ACCESS TO THE COMMUNITY. THE ORGANIZATION ALSO RUNS AN AGRICULTURAL BASED YOUTH DEVELOPMENT PROGRAM. BEING AN EDUCATIONAL RESOURCE FOR THE COMMUNITY IS THE PRIMARY FOCUS OF ALCHEMY INITIATIVE'S VISION. | - | $45,030 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JESSICA VECCHIA | Exec Directo | FT | $28,000 | - | $28,000 |
| ALISON BLOCK | Director | - | $1,000 | - | $1,000 |
| ALISON BASDEKIS | Director | - | $0 | - | - |
| SANDRA THOMAS | Treasurer | - | $0 | - | - |
| MACKENZIE GREER | President | - | $0 | - | - |
| REGINA BURGIO | Clerk | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Alchemy Initiative Inc
- EIN
- 27-0399304
- Phone
- 4132369600
- Address
- PO BOX 1805, PITTSFIELD, MA 01202
Signing Officer
- Name
- Jessica Vecchia
- Title
- Exec Director
- Phone
- 4132369600
- Signed
- 2017-11-15
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Fenton Quinn Pc
- Address
- PO BOX 1819, PITTSFIELD, MA 01202-1819
- Preparer
- Sheri L Quinn CPA
- Phone
- 4134437366
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses marketing 3,106 office expense 1,243 insurance 1,927 licenses and permits 40 supplies 794 other program expenses 3,885 event entertainment 2,269 dues and subscriptions 565 credit card fees 275 event catering 115 total 14,219”
Form 990-ez, Part II, Line 24
“Accounts receivable 0 1,000 total 0 1,000”
Form 990-ez, Part II, Line 26
“DEFERRED REVENUE 0 849”
Form 990-ez, Part III
“Alchemy initiative is an urban model of sustainability and community in the heart of downtown pittsfield. To provide knowledge and activities related to food, farming, and urban beautification as well as to serve as an educational resource for the community.”
Form 990-ez, Part III, Line 28
“Education and activities related to food, farming, and urban beautification. The organization manages a farmers market and provides programs to ensure food access to the community. The organization also runs an agricultural based youth development program. Being an educational resource for the community is the primary focus of alchemy initiative's vision.”
Raw XML Appendix158 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | JESSICA VECCHIA |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5083303954 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 101 CUMMINGS AVE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | PITTSFIELD |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | MA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 01201 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 9794 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 48670 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 7494 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 39027 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1825 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 9794 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 49670 |
| IRS990EZ/GrossReceiptsAmt | 0 | 99906 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 9794 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 48821 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 9794 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 48821 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 3588 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 5 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 28000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 5 | 1000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JESSICA VECCHIA |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | ALISON BASDEKIS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | SANDRA THOMAS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | MACKENZIE GREER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | REGINA BURGIO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 5 | ALISON BLOCK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | EXEC DIRECTO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | DIRECTOR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | CLERK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 1000 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 14219 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | ALCHEMY INITIATIVE IS AN URBAN MODEL OF SUSTAINABILITY AND COMMUNITY IN THE HEART OF DOWNTOWN PITTSFIELD. TO PROVIDE KNOWLEDGE AND ACTIVITIES RELATED TO FOOD, FARMING, AND URBAN BEAUTIFICATION AS WELL AS TO SERVE AS AN EDUCATIONAL RESOURCE FOR THE COMMUNITY. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 150 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 92412 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | EDUCATION AND ACTIVITIES RELATED TO FOOD, FARMING, AND URBAN BEAUTIFICATION. THE ORGANIZATION MANAGES A FARMERS MARKET AND PROVIDES PROGRAMS TO ENSURE FOOD ACCESS TO THE COMMUNITY. THE ORGANIZATION ALSO RUNS AN AGRICULTURAL BASED YOUTH DEVELOPMENT PROGRAM. BEING AN EDUCATIONAL RESOURCE FOR THE COMMUNITY IS THE PRIMARY FOCUS OF ALCHEMY INITIATIVE'S VISION. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 45030 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 41097 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | MA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 849 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 60879 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 45030 |
| IRS990EZ/TotalRevenueAmt | 0 | 99906 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.ALCHEMYINITIATIVE.ORG |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 7494 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 2500 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 8500 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 300 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 5025 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 23819 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt | 0 | 92412 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt | 0 | 56743 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt | 0 | 54811 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 26054 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 23012 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 253032 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 276851 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 99906 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 59243 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 63311 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 26354 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 28037 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 276851 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 99906 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 59243 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 63311 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 26354 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 28037 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 276851 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES MARKETING 3,106 OFFICE EXPENSE 1,243 INSURANCE 1,927 LICENSES AND PERMITS 40 SUPPLIES 794 OTHER PROGRAM EXPENSES 3,885 EVENT ENTERTAINMENT 2,269 DUES AND SUBSCRIPTIONS 565 CREDIT CARD FEES 275 EVENT CATERING 115 TOTAL 14,219 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACCOUNTS RECEIVABLE 0 1,000 TOTAL 0 1,000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DEFERRED REVENUE 0 849 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ALCHEMY INITIATIVE IS AN URBAN MODEL OF SUSTAINABILITY AND COMMUNITY IN THE HEART OF DOWNTOWN PITTSFIELD. TO PROVIDE KNOWLEDGE AND ACTIVITIES RELATED TO FOOD, FARMING, AND URBAN BEAUTIFICATION AS WELL AS TO SERVE AS AN EDUCATIONAL RESOURCE FOR THE COMMUNITY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | EDUCATION AND ACTIVITIES RELATED TO FOOD, FARMING, AND URBAN BEAUTIFICATION. THE ORGANIZATION MANAGES A FARMERS MARKET AND PROVIDES PROGRAMS TO ENSURE FOOD ACCESS TO THE COMMUNITY. THE ORGANIZATION ALSO RUNS AN AGRICULTURAL BASED YOUTH DEVELOPMENT PROGRAM. BEING AN EDUCATIONAL RESOURCE FOR THE COMMUNITY IS THE PRIMARY FOCUS OF ALCHEMY INITIATIVE'S VISION. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 28 |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JESSICA VECCHIA |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXEC DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4132369600 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-11-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ALCHEMY INITIATIVE INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ALCH |
| ReturnHeader/Filer/EIN | 0 | 270399304 |
| ReturnHeader/Filer/PhoneNum | 0 | 4132369600 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | PO BOX 1805 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | PITTSFIELD |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | MA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 01202 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 9429B8D2C7E21305F6BA5EB7C0507676B67F360E |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 04540AF9D16E9EEFDA1FA023D0C5A2BCFD1AF6E3 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 042832237 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | FENTON QUINN PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | PO BOX 1819 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | PITTSFIELD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | MA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 012021819 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4134437366 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2017-11-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | SHERI L QUINN CPA |
| ReturnHeader/ReturnTs | 0 | 2017-11-15T11:51:08-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-12-31 |
| ReturnHeader/TaxYr | 0 | 2016 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $49,670
- Liabilities
- $849
- Net assets
- $48,821
- Revenue
- $99,906
- Expenses
- $60,879
- Net income
- $39,027