Alchemy Community Therapy Center

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 842480193 ✦ Oakland, CA ✦ Designated as a 501(c)(3)

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Overview

What is Alchemy Community Therapy Center?

Alchemy Community Therapy Center, located in Oakland, California, is a nonprofit organization dedicated to delivering exceptional training, accessible psychedelic therapy, and groundbreaking research. Their mission is to promote culturally-sensitive mental health treatment for underserved communities, striving for effective solutions. The center boasts a team of 32 dedicated professionals and is committed to providing high-quality services, enriching lives and contributing to the broader mental health landscape.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92%, Four-Star out of Four Star rating

Alchemy Community Therapy Center has achieved a strong 92% rating, reflecting its commitment to accountability and finance. The organization received its Four-Star rating based on a robust beacon score that emphasizes financial health. With a fiscal year ending in 2023, the charity has maintained a remarkable level of transparency and governance.

The organization boasts a fully independent board, with all nine members adhering to best practices in governance. Key financial indicators, such as a 50.49% liabilities to assets ratio and an impressive 77.09% program expense ratio, demonstrate effective allocation of resources towards its mission. Furthermore, the presence of comprehensive policies, including conflict of interest and whistleblower protections, showcases a strong ethical framework guiding its operations.

While the charity excels in financial accountability, the review does not provide specific insights into the impact of its programs or any challenges faced. Nonetheless, the high scores across various metrics indicate a well-managed organization that prioritizes transparency and responsible stewardship of resources.


This AI summary has been generated from information found on Charity Navigator.

Is Alchemy Community Therapy Center legitimate?

Alchemy Community Therapy Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alchemy Community Therapy Center submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $87,198
Professional Fundraising Fees: $0
Other Salaries and Wages: $439,611

For more financial information, click here

What is the mission statement of Alchemy Community Therapy Center?

Alchemy Community Therapy Center's mission is centered around providing top-notch training, accessible psychedelic therapy, and innovative research. Their primary goal is to foster effective and culturally-sensitive mental health treatment for communities that are often overlooked. By doing so, they aim to advance the field of mental health care, ensuring that it is accessible and responsive to the diverse needs of the population. The center's activities also include conducting research to innovate mental health treatments and therapies, thereby contributing to the overall improvement in mental health care.

Who is the CEO of Alchemy Community Therapy Center?

Mark Grant is the Treasurer of Alchemy Community Therapy Center.

What is the revenue of Alchemy Community Therapy Center?

Alchemy Community Therapy Center's revenue in 2022 was $704,887.

Who are the executives of Alchemy Community Therapy Center and what are their salaries?

The average compensation at Alchemy Community Therapy Center during 2022 was $16,463. There are 32 employees and 7 volunteers at Alchemy Community Therapy Center.


Here are 10 key members and their salaries:


Dr Genesee Herzberg (Executive Dir.)
  • Compensation: $54,788
  • Related: $0
  • Other: $0
Irina Alexander (Director)
  • Compensation: $37,251
  • Related: $0
  • Other: $0
Kat Conour (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Bathgate (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Grant (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Kearns (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ismael Ali (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jesse Hudson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Sylver Quevedo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deidra Somerville (Executive Dir.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Alchemy Community Therapy Center?

Alchemy Community Therapy Center's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Alchemy Community Therapy Center

Alchemy Community Therapy Center is committed to delivering top-notch training, accessible psychedelic therapy, and groundbreaking research. Their mission is to promote effective and culturally sensitive mental health treatment for underserved communities. By leveraging these resources, they strive to foster a responsible and impactful approach to mental health care. The center's activities are geared towards providing high-quality services that cater to the unique needs of underserved populations, ensuring that everyone has access to the mental health support they require.

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Impact




July, 2024

Alchemy Community Therapy Center's impact is significant in providing high-quality training, accessible psychedelic therapy, and innovative research to foster effective and culturally-responsible mental health treatment for underserved communities in Oakland, CA. Their dedication to improving mental health services for marginalized groups is evident in their commitment to providing cutting-edge therapies and training programs aimed at addressing the disease of mental health issues.




This information is meant to be a general summary of Alchemy Community Therapy Center. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$704,887 (2022)
Expenses
$845,056 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $302,562
  • Gross Receipts: $704,887

Assets and Liabilities:

  • Total Assets: $268,267
  • Total Liabilities: $27,456
  • Net Assets: $240,811

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

client fees

Revenue

$302,562

Organization Details

Founding Year

2019

Principal Officer

Mark Grant

Main Address

444 34th Street, Oakland, CA, 94609

NTEE Category

Code: G99 - Disease

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