The Alchemists
The Alchemists reports zero revenue and expenses in its latest filing, with minimal assets.
EIN: 10681629 · Henniker, NH · NTEE: A65 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Program Spending | 100% |
| Net Assets | $1 |
| Transparency Score | 50/100 |
Is The Alchemists Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Alchemists directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Alchemists
The Alchemists (EIN: 10681629) is a nonprofit organization based in Henniker, NH, classified under NTEE code A65. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Alchemists's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Alchemists is a micro nonprofit that has been operating for 23 years, with 3 years of IRS 990 filings on record (2014–2016).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -100.0% | -100.0% | +0.0% |
| 2015 | +43.1% | +43.1% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Alchemists with a Mission Score of 50 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, The Alchemists allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, indicating no salaries paid to officers, which is typical for very small or volunteer-run organizations.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of The Alchemists's IRS 990 filings:
- Zero revenue and expenses in the latest filing (201612) raises questions about current activity.
- Consistently minimal assets ($1) across all filings suggests no financial growth or reserves.
- Exact matching of revenue and expenses in prior years (2014-2015) could indicate a pass-through entity or very limited financial management.
Strengths
The following positive indicators were identified for The Alchemists:
- Consistent filing of IRS 990 forms demonstrates basic compliance.
- No reported officer compensation, indicating a volunteer-driven model or very low overhead for leadership.
Frequently Asked Questions about The Alchemists
Is The Alchemists a legitimate charity?
Based on AI analysis of IRS 990 filings, The Alchemists (EIN: 10681629) some concerns. Mission Score: 50/100. 3 red flags identified, 2 strengths noted.
How does The Alchemists spend its money?
The Alchemists directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Alchemists tax-deductible?
The Alchemists is registered as a tax-exempt nonprofit (EIN: 10681629). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does The Alchemists compare to similar nonprofits?
With a transparency score of 50/100 (Fair), The Alchemists is near average for NTEE category A65 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Alchemists located?
The Alchemists is headquartered in Henniker, New Hampshire and files with the IRS under EIN 10681629. It is classified under NTEE code A65.
How many years of IRS 990 filings does The Alchemists have?
The Alchemists has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
What is the current operational status of The Alchemists given $0 revenue and expenses in 2016?
The latest filing suggests the organization may be inactive or operating on an entirely volunteer basis without financial transactions reported on the 990.
How does The Alchemists fund its activities if it reports $0 revenue?
Based on the 201612 filing, there were no reported activities requiring funding. In prior years (2014-2015), revenue exactly matched expenses, suggesting a direct pass-through model or very tight budgeting.
Why are assets consistently reported as only $1?
The consistent reporting of $1 in assets indicates the organization does not hold significant financial reserves or property, which is unusual for an active nonprofit and suggests a very limited operational scope.
Filing History
IRS 990 filing history for The Alchemists showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2014–2016), The Alchemists's revenue has declined by 100%, moving from $18K to $0. Total assets increased by 0% over the same period, from $1 to $1. Total functional expenses fell by 100%, from $18K to $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $0 | $0 | $1 | $0 | — | View 990 |
| 2015 | $26K | $26K | $1 | $0 | — | View 990 |
| 2014 | $18K | $18K | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $0, expenses of $0, and assets of $1 (revenue -100.0% year-over-year).
- 2015: Revenue of $26K, expenses of $26K, and assets of $1 (revenue +43.1% year-over-year).
- 2014: Revenue of $18K, expenses of $18K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Alchemists:
Data Sources and Methodology
This transparency report for The Alchemists is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.