TY 2021 Form 990 Schedule O

efile Public Visual Render ObjectId: 202311289349304286 - Submission: 2023-05-08 TIN: 82-5408579

SCHEDULE O
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
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Attach to Form 990 or 990-EZ.
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Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2021

Open to Public
Inspection

Name of the organization

URBAN ALCHEMY

Employer identification number

82-5408579

Return Reference	Explanation
FORM 990, PART VI, SECTION A, LINE 8B	THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES AUTHORIZED TO ACT ON BEHALF OF THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION B, LINE 11B	THE BOARD OF DIRECTORS ARE PROVIDED A COMPLETE COPY OF FORM 990 FOR REVIEW BEFORE FILING. FORM 990 IS SENT VIA DOCUSIGN FOR ACKNOWLEDGMENT OF RECEIPT.
FORM 990, PART VI, SECTION B, LINE 12C	EACH DIRECTOR AND OFFICER SHALL ANNUALLY SIGN AN ACKNOWLEDGMENT STATEMENT THAT AFFIRMS THE DIRECTOR OR OFFICER RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, READ AND UNDERSTANDS THE POLICY, AGREES TO COMPLY WITH THE POLICY, AND UNDERSTANDS TO ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH THE ORGANIZATION'S TAX-EXEMPT PURPOSE. THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. IF ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST OCCURS, AN INTERESTED PERSON MUST DISCLOSE ALL MATERIALS FACTS TO THE GOVERNING BOARD TO CONSIDER THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIALS FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, THE INTERESTED PERSON SHALL LEAVE THE GOVERNING BODY MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. IF THE GOVERNING BOARD HAS A REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND ALLOW THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD DETERMINES THE MEMBER HAS FAILED TO DISCLOSE A CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION.
FORM 990, PART VI, SECTION B, LINE 15	THE BOARD OF DIRECTORS SHALL REVIEW AND APPROVE THE COMPENSATION OF THE CHIEF EXECUTIVE OFFICER, CHIEF OPERATING OFFICER, AND CHIEF FINANCIAL OFFICER THROUGH THE USE OF COMPARABLE DATA FOR SIMILAR POSITIONS AT SIMILAR ORGANIZATIONS AND ENSURES CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING FOR DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION AGREEMENT.
FORM 990, PART VI, SECTION C, LINE 19	THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XI, LINE 9:	FINANCIAL STATEMENTS WERE RESTATED DUE TO TIMING OF CONTRIBUTION REVENUE. 452,365.

Return Reference

Explanation

FORM 990, PART VI, SECTION A, LINE 8B

THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES AUTHORIZED TO ACT ON BEHALF OF THE BOARD OF DIRECTORS.

FORM 990, PART VI, SECTION B, LINE 11B

THE BOARD OF DIRECTORS ARE PROVIDED A COMPLETE COPY OF FORM 990 FOR REVIEW BEFORE FILING. FORM 990 IS SENT VIA DOCUSIGN FOR ACKNOWLEDGMENT OF RECEIPT.

FORM 990, PART VI, SECTION B, LINE 12C

EACH DIRECTOR AND OFFICER SHALL ANNUALLY SIGN AN ACKNOWLEDGMENT STATEMENT THAT AFFIRMS THE DIRECTOR OR OFFICER RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, READ AND UNDERSTANDS THE POLICY, AGREES TO COMPLY WITH THE POLICY, AND UNDERSTANDS TO ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH THE ORGANIZATION'S TAX-EXEMPT PURPOSE. THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. IF ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST OCCURS, AN INTERESTED PERSON MUST DISCLOSE ALL MATERIALS FACTS TO THE GOVERNING BOARD TO CONSIDER THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIALS FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, THE INTERESTED PERSON SHALL LEAVE THE GOVERNING BODY MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. IF THE GOVERNING BOARD HAS A REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND ALLOW THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD DETERMINES THE MEMBER HAS FAILED TO DISCLOSE A CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION.

FORM 990, PART VI, SECTION B, LINE 15

THE BOARD OF DIRECTORS SHALL REVIEW AND APPROVE THE COMPENSATION OF THE CHIEF EXECUTIVE OFFICER, CHIEF OPERATING OFFICER, AND CHIEF FINANCIAL OFFICER THROUGH THE USE OF COMPARABLE DATA FOR SIMILAR POSITIONS AT SIMILAR ORGANIZATIONS AND ENSURES CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING FOR DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION AGREEMENT.

FORM 990, PART VI, SECTION C, LINE 19

THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.

FORM 990, PART XI, LINE 9:

FINANCIAL STATEMENTS WERE RESTATED DUE TO TIMING OF CONTRIBUTION REVENUE. 452,365.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990) 2021

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