Civic Intelligence

Alchemia

990 • Fiscal year 2020 • EIN 68-0420080

Jul 01, 2019 to Jun 30, 2020 • Filed on May 04, 2021

394 Tesconi CourtSanta Rosa, CA 95401

(707) 978-3229

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

79th percentile

0.46x

Higher debt load relative to assets than 79% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

75th percentile

0.45x

Higher debt load relative to revenue than 75% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

53rd percentile

6.8%

Higher net margin than 53% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

77th percentile

$122,327

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 8.4% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

72nd percentile

20%

Faster asset growth than 72% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

38th percentile

-6.0%

Faster revenue growth than 38% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$1,409,110

Up $232,302 (+20%) from 2019

Net Assets

Up

$760,949

Up $99,489 (+15%) from 2019

Liabilities

Up

$648,161

Up $132,813 (+26%) from 2019

Revenue

Down

$1,454,355

Down $92,015 (-6.0%) from 2019

Expenses

Down

$1,354,866

Down $118,177 (-8.0%) from 2019

Net Income

Up

$99,489

Up $26,162 (+36%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2010: $398,545Liabilities 2010: $11,440Net Assets 2010: $387,1052010Assets 2011: $441,140Liabilities 2011: $2,123Net Assets 2011: $439,0172011Assets 2012: $550,101Liabilities 2012: $4,119Net Assets 2012: $545,9822012Assets 2013: $593,175Liabilities 2013: $18,254Net Assets 2013: $574,9212013Assets 2014: $1,140,569Liabilities 2014: $637,819Net Assets 2014: $502,7502014Assets 2015: $1,171,792Liabilities 2015: $642,535Net Assets 2015: $529,2572015Assets 2016: $1,157,335Liabilities 2016: $619,306Net Assets 2016: $538,0292016Assets 2017: $1,188,842Liabilities 2017: $594,374Net Assets 2017: $594,4682017Assets 2018: $1,199,546Liabilities 2018: $611,413Net Assets 2018: $588,1332018Assets 2019: $1,176,808Liabilities 2019: $515,348Net Assets 2019: $661,4602019Assets 2020: $1,409,110Liabilities 2020: $648,161Net Assets 2020: $760,9492020Assets 2021: $1,546,091Liabilities 2021: $610,032Net Assets 2021: $936,0592021Assets 2022: $1,759,409Liabilities 2022: $379,191Net Assets 2022: $1,380,2182022Assets 2023: $1,743,154Liabilities 2023: $220,691Net Assets 2023: $1,522,4632023Assets 2024: $1,458,823Liabilities 2024: $62,138Net Assets 2024: $1,396,6852024

Highlighted filing

2020

Assets$1,409,110
Liabilities$648,161
Net Assets$760,949

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $806,6122010Expenses 2011: $971,3072011Expenses 2012: $1,151,1452012Revenue 2013: $1,179,662Expenses 2013: $1,230,585Net Income 2013: -$50,9232013Revenue 2014: $1,300,853Expenses 2014: $1,358,234Net Income 2014: -$57,3812014Revenue 2015: $677,960Expenses 2015: $666,243Net Income 2015: $11,7172015Revenue 2016: $1,376,818Expenses 2016: $1,368,046Net Income 2016: $8,7722016Revenue 2017: $1,483,165Expenses 2017: $1,426,726Net Income 2017: $56,4392017Revenue 2018: $1,554,866Expenses 2018: $1,561,202Net Income 2018: -$6,3362018Revenue 2019: $1,546,370Expenses 2019: $1,473,043Net Income 2019: $73,3272019Revenue 2020: $1,454,355Expenses 2020: $1,354,866Net Income 2020: $99,4892020Revenue 2021: $1,476,037Expenses 2021: $1,300,927Net Income 2021: $175,1102021Revenue 2022: $1,698,249Expenses 2022: $1,315,568Net Income 2022: $382,6812022Revenue 2023: $1,587,376Expenses 2023: $1,310,608Net Income 2023: $276,7682023Revenue 2024: $1,522,389Expenses 2024: $1,562,490Net Income 2024: -$40,1012024

Highlighted filing

2020

Revenue$1,454,355
Expenses$1,354,866
Net Income$99,489
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 4, 2021
Return Version
2019v5.0
Gross Receipts
$1,460,648
Mission and Program Overview

Mission

Alchemia provides arts programming for adults with developmental disabilities who identify as artists or who are passionate about deepening their artistic, social, and communication skills through the expressive arts. Alchemia is committed to providing a physically, socially, and artistically nourishing environment where participants can develop and sustain strong interpersonal relationships, pursue individual creative goals, and explore their unique dreams.

Alchemia nurtures the creative expression of individuals with disabilities as a vehicle for personal growth, achievement and community integration.continued on schedule o

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$915,596$900,131▼ $15,465
Cash and Non-Interest-Bearing Accounts$120,510$356,403▲ $235,893
Accounts Receivable$123,618$119,765▼ $3,853
Prepaid Expenses and Deferred Charges$17,084$32,811▲ $15,727
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,176,808$1,409,110▲ $232,302
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$450,493$401,860▼ $48,633
Unsecured Notes Loans Payable-$182,100-
Accounts Payable and Accrued Expenses$64,855$64,201▼ $654
Total Liabilities$515,348$648,161▲ $132,813
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$661,460$754,419▲ $92,959
Net Assets With Donor Restrictions-$6,530-
Total Net Assets Fund Balance$661,460$760,949▲ $99,489
Total Liabilities and Net Assets / Fund Balance$1,176,808$1,409,110▲ $232,302

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$643,729$118,074$761,803
Land$235,001-$235,001
Other Land Buildings$21,401$115,239$136,640
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Elizabeth ClaryExecutive DirectorFT$122,308$19$122,327
Mary LesterFinance Mgr.PT$24,496$84$24,580

Board Members and Trustees

NameTitle
Phil JonckheerPresident
Emily ParkerDirector
Michael CheneyDirector
Gail YeagerSecretary
Ian SmithTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$35,758
Program Service Revenue
$1,408,598
Investment Income
$0
Other Revenue
$9,999
All Other Contributions
$35,758
Change in Net Assets
$99,489

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,454,355
Total Revenue per Audited Statements
$1,454,355
Total Revenue per Form 990
$1,454,355
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$947,515
Other Expenses$407,351
Total Fundraising Expense$33,673
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$648,932$32,251$4,420$685,603
Occupancy$152,975$704-$153,679
Current Officers, Directors, Trustees, and Key Employees$12,231$115,543$24,462$152,236
Payroll Taxes$57,162$11,309$2,272$70,743
Other Employee Benefits$29,262$8,340$1,331$38,933
Depreciation Depletion$30,327$883-$31,210
All Other Expenses$21,415$9,425-$30,840
Other Expenses$25,034$1,363$1,188$26,397
Insurance$18,046$3,609-$21,655
Fees for Services Accounting-$12,813-$12,813
Office Expenses$9,629$1,607-$11,236
Fees for Services Other$4,688$3,550-$8,238
Travel$2,177$4,715-$6,892
Fees for Services Legal$2,480--$2,480
Advertising$685$122-$807
Total Functional Expenses$1,106,834$214,359$33,673$1,354,866

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,354,866
Total Expenses per Audited Statements$1,354,866
Total Expenses per Form 990$1,354,866
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The Auditor will prepare the annual Return for Organization Exempt from Income Tax - IRS Form 990. The Finance Manager will review it first and then pass it on to the Executive Director for review and approval. The Executive Director will send it to the whole Board of Directors for review. The Finance Manager will then insure the tax return is filed with the Internal Revenue Service by the annual deadline.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Officers, directors, and key employees must disclose any interests, as soon as they are identified, that could result in a conflict. Should such a matter arise, the person with the conflict would recuse him/herself from any discussion or vote on the matter.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The Executive Committee of the Alchemia Board of Directors shall annually evaluate the Executive Director on his/her performance, and ask for his/her input on matters of performance and compensation. The Executive Committee will obtain research and information to make a recommendation to the full board for the compensation (salary and benefits) of the Executive Director (and other highly compensated employees or consultants) based on a review of comparability data.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Documents available upon request.

Filing and Contact Details

Filer

Filer Name
Alchemia
EIN
68-0420080
Phone
7079783229
Address
394 TESCONI COURT, SANTA ROSA, CA 95401

Signing Officer

Name
Elizabeth Clary
Title
Executive Director
Signed
2021-05-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elizabeth Clary
Formed
1998
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
38
Volunteers
20

Preparer

Firm
Doran & Associates
Address
55 MITCHELL BOULEVARD STE 3, SAN RAFAEL, CA 94903
Preparer
Lisa Doran CPA
Phone
4154911130
Supplemental Narrative

Additional Explanations

Mission

Continued from pages 1 and 2 founded in 1998, alchemia provides a socially andartistically nourishing environment in which artists develop and sustain stronginterpersonal relationships, realize individual creative goals, and pursue theirunique dreams.

Program Service Accomplishments

Continued from page 2in march 2020, transitioned to a fully-remote service delivery platform, offering over 120 hours per week of arts engagement to artists served, expanding the organization's capacity to meet individual needs, exceeding funder and artist expectations.

Financial Statement Notes

Part X : FIN48 Footnote

ASC 740-10, Accounting for Uncertainty in Income Taxes - The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires the Corporation to report information regarding its exposure to various tax positions taken by the Corporation. The Corporation has determined whether any tax positions have met the recognition threshold and has measured the Corporations exposure to those tax positions. Management believes that the Corporation has adequately addressed all relevant tax positions and that there are no unrecorded tax liabilities. Federal and state tax authorities generally have the right to examine and audit the previous three years of tax returns filed (four years for California). Any interest or penalties assessed to the Corporation are recorded in operating expenses. No interest or penalties from federal or state tax authorities were recorded in the accompanying financial statements.

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IRS990/MissionDesc0ALCHEMIA NURTURES THE CREATIVE EXPRESSION OF INDIVIDUALS WITH DISABILITIES AS A VEHICLE FOR PERSONAL GROWTH, ACHIEVEMENT AND COMMUNITY INTEGRATION.CONTINUED ON SCHEDULE O
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IRS990/OtherExpensesGrp/Desc2REPAIR AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc3FINANCIAL FEES
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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/RevenueAmt01408649
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt033
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01405
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01888
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt06785
IRS990ScheduleA/OtherIncome170Grp/TotalAmt011308
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0234665
IRS990ScheduleA/TotalSupportAmt0246006
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0761803
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IRS990ScheduleD/LandGrp/BookValueAmt0235001
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0235001
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt021401
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0115239
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0136640
IRS990ScheduleD/RevenueSubtotalAmt01454355
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ASC 740-10, Accounting for Uncertainty in Income Taxes - The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires the Corporation to report information regarding its exposure to various tax positions taken by the Corporation. The Corporation has determined whether any tax positions have met the recognition threshold and has measured the Corporations exposure to those tax positions. Management believes that the Corporation has adequately addressed all relevant tax positions and that there are no unrecorded tax liabilities. Federal and state tax authorities generally have the right to examine and audit the previous three years of tax returns filed (four years for California). Any interest or penalties assessed to the Corporation are recorded in operating expenses. No interest or penalties from federal or state tax authorities were recorded in the accompanying financial statements.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0900131
IRS990ScheduleD/TotalExpensesPerForm990Amt01354866
IRS990ScheduleD/TotalRevenuePerForm990Amt01454355
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Auditor will prepare the annual Return for Organization Exempt from Income Tax - IRS Form 990. The Finance Manager will review it first and then pass it on to the Executive Director for review and approval. The Executive Director will send it to the whole Board of Directors for review. The Finance Manager will then insure the tax return is filed with the Internal Revenue Service by the annual deadline.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICERS, DIRECTORS, AND KEY EMPLOYEES MUST DISCLOSE ANY INTERESTS, AS SOON AS THEY ARE IDENTIFIED, THAT COULD RESULT IN A CONFLICT. SHOULD SUCH A MATTER ARISE, THE PERSON WITH THE CONFLICT WOULD RECUSE HIM/HERSELF FROM ANY DISCUSSION OR VOTE ON THE MATTER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Executive Committee of the Alchemia Board of Directors shall annually evaluate the Executive Director on his/her performance, and ask for his/her input on matters of performance and compensation. The Executive Committee will obtain research and information to make a recommendation to the full board for the compensation (salary and benefits) of the Executive Director (and other highly compensated employees or consultants) based on a review of comparability data.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONTINUED FROM PAGES 1 AND 2 FOUNDED IN 1998, ALCHEMIA PROVIDES A SOCIALLY ANDARTISTICALLY NOURISHING ENVIRONMENT IN WHICH ARTISTS DEVELOP AND SUSTAIN STRONGINTERPERSONAL RELATIONSHIPS, REALIZE INDIVIDUAL CREATIVE GOALS, AND PURSUE THEIRUNIQUE DREAMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONTINUED FROM PAGE 2IN MARCH 2020, TRANSITIONED TO A FULLY-REMOTE SERVICE DELIVERY PLATFORM, OFFERING OVER 120 HOURS PER WEEK OF ARTS ENGAGEMENT TO ARTISTS SERVED, EXPANDING THE ORGANIZATION'S CAPACITY TO MEET INDIVIDUAL NEEDS, EXCEEDING FUNDER AND ARTIST EXPECTATIONS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5PROGRAM SERVICE ACCOMPLISHMENTS
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IRS990/TotalEmployeeCnt038

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.46$0.06$1.40$1.52$1.56$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.74$0.22$1.52$1.59$1.31$0.28
2022Detailed filing. Detailed filing data is available for this year.$1.76$0.38$1.38$1.70$1.32$0.38
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.55$0.61$0.94$1.48$1.30$0.18
2020Detailed filing. Detailed filing data is available for this year.$1.41$0.65$0.76$1.45$1.35$0.10
2019Detailed filing. Detailed filing data is available for this year.$1.18$0.52$0.66$1.55$1.47$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.20$0.61$0.59$1.55$1.56$0.01
2017Detailed filing. Detailed filing data is available for this year.$1.19$0.59$0.59$1.48$1.43$0.06
2016Detailed filing. Detailed filing data is available for this year.$1.16$0.62$0.54$1.38$1.37$0.01
2015Summary only. Only limited summary data is available for this year.$1.17$0.64$0.53$0.68$0.67$0.01
2014Detailed filing. Detailed filing data is available for this year.$1.14$0.64$0.50$1.30$1.36$0.06
2013Detailed filing. Detailed filing data is available for this year.$0.59$0.02$0.57$1.18$1.23$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.00$0.55$1.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.44$0.00$0.44$0.97
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.01$0.39$0.81