To assist urban adolescents to develop a sense of purpose in life and to thrive as members of a family, school and community.

501(c)(3) charity; gifts are tax-deductible.
51¢ of each $1 spent went to programs.
$127K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2026 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2026
latest Form 990
Looks good: the latest return is for FY2026, this tax year; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average deficit $12K a year · 3% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
51%
of spending
Worth a look: 51% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$127K
to officers and key staff · 43% of spending
Concern: pay to officers and key staff is 43% of spending; over 30%.
Pt VII · Sec A
2 mo
of spending, in cash
Fine: 2.2 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
10
named funders · $238K
Looks good: 10 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$919
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$309K
-23% vs prior year
Spent
$297K
To programs
51%
Net assets
$55K
By yearFY2021–FY2026
Revenue
$309K
FY2026▼ -23%
Tap a bar for its year
Revenue by fiscal year
FY2021$173K
FY2022$186K
FY2023$613K
FY2024$399K
FY2025$400K
FY2026$309K
Expenses
$297K
FY2026▼ -20%
Tap a bar for its year
Expenses by fiscal year
FY2021$229K
FY2022$217K
FY2023$592K
FY2024$443K
FY2025$372K
FY2026$297K
Net assets
$55K
FY2026▲ +28%
Tap a bar for its year
Net assets by fiscal year
FY2021$49K
FY2022$37K
FY2023$58K
FY2024$14K
FY2025$43K
FY2026$55K

From the FY2026 Form 990 (year ending June 2026) · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2026. IRS ruling in Nov 2003.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

51 cents of each dollar spent went to programs.

Program services 51% · $152K Management & general 49% · $145K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

8 people listed on the 990; $127K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2025); the FY2026 filing did not itemize Part VII
Executive Di
$127,232Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Chairperson
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A

Kwame Scruggs’s $127K as Executive Di is at the 95th percentile of top reported officer pay among 2167 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2026FY2025FY2024FY2023FY2022FY2021
Kwame Scruggs$127,232$175,832$245,270$180,591$91,092$102,183

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Alchemy INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Helps urban teens find purpose and thrive in family, school, and community.

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Provided by the organization

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3 programs · $152K · in their own filed words · FY2025
01

Aps in school male program is an alchemy mentoring group which meets during the school day throughout each academic year, for 22-25 weeks, in akron public school (aps) school buildings. Through the telling, discussion, and interpretation of assigned ancient mythological tales told to the beat of a djembe drum and with students seated in…

$111Kprogram expense
02

Nyc silberman project these workshops were focused on the principles, techniques, and applications of the alchemy method. Through the telling of myths and the discussions that follow, participants gained a deeper understanding of self and experience how the use of age-old narratives can lead to profound personal growth and healing.

$29Kprogram expense
03

Gja alchemy provided monthly in-school sessions from october 2025 to may 2026 for 8TH grade male youth at george jackson academy in the east village which is located at 104 ST. Marks place.

$12Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 10 funders →

By the numbers

The FY2026 990, line by line.

1The main four
Money inPt VIII
$309K
Ln 12
Gifts and grantsLn 1h$309K
Money outPt IX
$297K
Ln 25
Programscol B$152K
Managementcol C$145K
Owns and owesPt X
$55K
net assets · Ln 32
Cash and savingsLn 1–2$56K
Total assetsLn 16$56K
LiabilitiesLn 26$919
PeoplePt VI, VII
8
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$309K
Total revenueLn 12$309K
Assets in detailPt X, end of year
CashLn 1$56K
Cash and savings togetherLn 1–2$56K
Total assetsLn 16$56K
LiabilitiesLn 26$919
Net assetsLn 32$55K
OperationsPt I, VI
EmployeesI 51
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY26End FY26
Cash and savingsLn 1–2$89K$56K
Total assetsLn 16$89K$56K
LiabilitiesLn 26$46K$919
Net assetsLn 32$43K$55K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$127K$64K$64K
Other employee benefitsLn 9$13K$13K
Payroll taxesLn 10$9K$9K
Accounting feesLn 11c$10K$10K
Other fees for servicesLn 11g$3K$3K
Advertising and promotionLn 12$5K$5K
OccupancyLn 16$7K$7K
TravelLn 17$34K$34K
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$88K$84K$4K
Total functional expensesLn 25$297K$152K$145K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2026 Latest Viewing $309K$297K$12K$55K 990 PDF
FY2025 $400K$372K$28K$43K 990 PDF
FY2024 $399K$443K−$44K$14K 990 PDF
FY2023 $613K$592K$21K$58K 990 PDF
FY2022 $186K$217K−$32K$37K 990 PDF
FY2021 $173K$229K−$55K$49K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2026 990 (6 parts)
Part I · Summary $309,176 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $400,371$309,176
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $400,371$309,176
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $173,681$148,658
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $198,273$148,704
I-18 Total expensesPrior year $371,954$297,362
I-19 Revenue less expensesPrior year $28,417$11,814
Part VI · Governance 7 of 7 board members independent, 4 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $309,176 across 3 lines filed
VIII-1f All other contributions, gifts and grants$309,176
VIII-1h Total contributions, gifts and grants$309,176
VIII-12 Total revenue$309,176
Part IX · Statement of functional expenses $297,362 across 10 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $63,675 · Management $63,557$127,232
IX-9 Other employee benefitsManagement $12,509$12,509
IX-10 Payroll taxesManagement $8,917$8,917
IX-11c Accounting feesManagement $10,216$10,216
IX-11g Other fees for servicesManagement $3,028$3,028
IX-12 Advertising and promotionPrograms $5,219$5,219
IX-16 OccupancyManagement $7,345$7,345
IX-17 TravelManagement $34,275$34,275
IX-23 InsuranceManagement $1,072$1,072
IX-24 Other expenses (24a–d)Programs $83,548 · Management $4,001$87,549
IX-25 Total functional expensesPrograms $152,442 · Management $144,920 · Fundraising $0$297,362
Part X · Balance sheet $55,629 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $89,264$55,629
X-16 Total assetsStart of year $89,264$55,629
X-25 Other liabilitiesStart of year $46,368$919
X-26 Total liabilitiesStart of year $46,368$919
X-27 Net assets without donor restrictionsStart of year $42,896$54,710
X-32 Total net assets or fund balancesStart of year $42,896$54,710
X-33 Total liabilities and net assetsStart of year $89,264$55,629
Part XI · Reconciliation of net assets $54,710 net assets at year end
XI-1 Total revenue$309,176
XI-2 Total expenses$297,362
XI-3 Revenue less expenses$11,814
XI-4 Net assets at start of year$42,896
XI-10 Net assets at end of year$54,710

Form 990 e-file (XML) FY2026 from the IRS · Classification, formation year and address from the IRS Business Master File

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