Civic Intelligence

Cortney'S Place

EIN 42-1745079 • 501(c)3 • Scottsdale, AZ

Pub. 78 Eligible

Profile

Corntey's place is a family-founded program established to provide what all parents desire for their children: a safe, stimulating and enjoyable community day program for adults with intellectual and developmental disabilities that offers a one-of-a-kind experience for the participating student and families.

7000 East Shea Blvd Ste 1430Scottsdale, AZ 85254

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

70th percentile

0.25x

Higher debt load relative to assets than 70% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

72nd percentile

0.29x

Higher debt load relative to revenue than 72% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

56th percentile

7.3%

Higher net margin than 56% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

84th percentile

29%

Faster asset growth than 84% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

41st percentile

2.6%

Faster revenue growth than 41% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$1,385,323

Down $73,830 (-5.1%) from 2023

Liabilities

Up

$397,228

Up $33,449 (+9.2%) from 2023

Net Assets

Down

$988,095

Down $107,279 (-9.8%) from 2023

Revenue

Up

$1,389,350

Up $134,355 (+11%) from 2023

Expenses

Up

$1,496,629

Up $332,642 (+29%) from 2023

Net Income

Down

-$107,279

Down $198,287 (-218%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2012: $425,575Liabilities 2012: $226,863Net Assets 2012: $198,7122012Assets 2013: $467,131Liabilities 2013: $181,471Net Assets 2013: $285,6602013Assets 2014: $566,700Liabilities 2014: $133,349Net Assets 2014: $433,3512014Assets 2015: $708,231Liabilities 2015: $128,020Net Assets 2015: $580,2112015Assets 2016: $844,552Liabilities 2016: $58,553Net Assets 2016: $785,9992016Assets 2017: $938,978Liabilities 2017: $16,343Net Assets 2017: $922,6352017Assets 2018: $1,086,125Liabilities 2018: $99,658Net Assets 2018: $986,4672018Assets 2019: $1,124,994Liabilities 2019: $96,968Net Assets 2019: $1,028,0262019Assets 2020: $922,926Liabilities 2020: $231,241Net Assets 2020: $691,6852020Assets 2021: $921,304Liabilities 2021: $185,271Net Assets 2021: $736,0332021Assets 2022: $1,135,071Liabilities 2022: $130,705Net Assets 2022: $1,004,3662022Assets 2023: $1,459,153Liabilities 2023: $363,779Net Assets 2023: $1,095,3742023Assets 2024: $1,385,323Liabilities 2024: $397,228Net Assets 2024: $988,0952024

Highlighted filing

2024

Assets$1,385,323
Liabilities$397,228
Net Assets$988,095

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2012: $243,8432012Revenue 2013: $358,883Expenses 2013: $271,935Net Income 2013: $86,9482013Revenue 2014: $410,064Expenses 2014: $262,373Net Income 2014: $147,6912014Revenue 2015: $431,085Expenses 2015: $294,225Net Income 2015: $136,8602015Revenue 2016: $639,590Expenses 2016: $433,802Net Income 2016: $205,7882016Revenue 2017: $665,277Expenses 2017: $528,641Net Income 2017: $136,6362017Revenue 2018: $580,941Expenses 2018: $517,109Net Income 2018: $63,8322018Revenue 2019: $933,337Expenses 2019: $891,778Net Income 2019: $41,5592019Revenue 2020: $943,048Expenses 2020: $1,279,389Net Income 2020: -$336,3412020Revenue 2021: $1,053,367Expenses 2021: $1,009,019Net Income 2021: $44,3482021Revenue 2022: $1,223,105Expenses 2022: $954,772Net Income 2022: $268,3332022Revenue 2023: $1,254,995Expenses 2023: $1,163,987Net Income 2023: $91,0082023Revenue 2024: $1,389,350Expenses 2024: $1,496,629Net Income 2024: -$107,2792024

Highlighted filing

2024

Revenue$1,389,350
Expenses$1,496,629
Net Income-$107,279

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 15, 2025
Return Version
2023v6.0
Gross Receipts
$1,399,212
Mission and Program Overview

Mission

Corntey's place is a family-founded program established to provide what all parents desire for their children: a safe, stimulating and enjoyable community day program for adults with intellectual and developmental disabilities that offers a one-of-a-kind experience for the participating student and families.

Program established to provide what all parents desire for their children: a safe, stimulating and enjoyable community day program for adults with intellectual and developmental disabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$355,806$579,057▲ $223,251
Cash and Non-Interest-Bearing Accounts$756,661$428,121▼ $328,540
Accounts Receivable$69,793$124,051▲ $54,258
Prepaid Expenses and Deferred Charges$6,804$16,494▲ $9,690
Pledges and Grants Receivable$76$959▲ $883
Total Assets$1,459,153$1,385,323▼ $73,830
Other Assets Total$270,013$236,641▼ $33,372
Liabilities
Other Liabilities$279,786$250,852▼ $28,934
Accounts Payable and Accrued Expenses$73,659$146,376▲ $72,717
Mortgage Notes Payable Secured by Investment Property$10,334--
Total Liabilities$363,779$397,228▲ $33,449
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,077,455$964,387▼ $113,068
Net Assets With Donor Restrictions$17,919$23,708▲ $5,789
Total Net Assets Fund Balance$1,095,374$988,095▼ $107,279
Total Liabilities and Net Assets / Fund Balance$1,459,153$1,385,323▼ $73,830

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$295,113$259,364$554,477
Equipment$283,944$242,329$526,273
Other Assets Org$236,641--
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Chasidy GrayExecutive Director Former$113,602$9,104$122,706

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,312,763
Program Service Revenue
$36,401
Investment Income
$3,670
Other Revenue
$36,516
All Other Contributions
$364,724
Change in Net Assets
$-107,279
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$952,439
Other Expenses$493,902
Grants and Similar Amounts Paid$50,288
Total Fundraising Expense$16,227
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$579,747$119,895-$699,642
Occupancy$188,665$28,329-$216,994
Current Officers, Directors, Trustees, and Key Employees-$122,706-$122,706
Other Employee Benefits$55,512$12,272-$67,784
Depreciation Depletion$64,991--$64,991
Payroll Taxes$38,986$23,321-$62,307
Grants to Domestic Orgs$50,288--$50,288
Travel$29,875$2,234$39$32,148
Insurance$26,450$4,138-$30,588
Office Expenses$11,741$6,219$9,071$27,031
Fees for Services Accounting$6,249$13,921-$20,170
Fees for Services Other$14,885-$2,835$17,720
Other Expenses$1,660-$4,172$5,832
Interest$244--$244
Total Functional Expenses$1,147,367$333,035$16,227$1,496,629
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Cortneys HomeSte Scottsdale, AZ-Residential Facilities$50,288
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$46,378
Fundraising Direct Expenses$9,862
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Spring Event-$-46,378$9,862$-56,240
Total Events-$-46,378$9,862$-56,240
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liabilities$250,852
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

Board officer and organizations founder, cindy carpenter, and board officer andco-founder, jim carpenter, are related as defined by the irs definition of relative.

Form 990 governing body review Part VI line 11

The ceo of the organization distributes a pdf copy of the 990 return to all board members for review and comment prior to being filed. At the first meeting of the board following the filing of the 990 with the irs, the complete form 990 is presented to the board by the organizations lead officers with repsonsibility over the form 990s review. Thereafter questions are taken and the form, its preparation, and its public relation impact is discussed.

Conflict of interest policy compliance Part VI line 12C

At each board and committee meeting, if there is a discussion of selecting or engaging a vendor or service provider, all in attendance are asked to recuse themselves from this discussion if there could be a perceived conflict. Annually the organization reviews and discusses the conflict of interest policy and requests that each board member list and acknowledge any known conflicts.

CEO executive director top management comp Part VI line 15A

The board of directors reviews the compensation for the chief executive officer by comparing their compensation to the compensation of individuals in like positions in comparable orgainizations using forms 990, compensation studies and other available data. The board of directors then approves any changes in compensation based on this information. The organization has no other paid officers or employees meeting the definition of a key employee.

Governing documents etc available to public Part VI line 19

The organization will provide in a timely manner, copies of all governing documentsincluding its conflict of interest policies and financial statements when requuestedin writing or in person.

Filing and Contact Details

Filer

Filer Name
Cortneys Place
EIN
42-1745079
Address
7000 EAST SHEA BLVD STE 1430, SCOTTSDALE, AZ 85254

Signing Officer

Name
Donnette Hermes
Title
Chief Executive
Phone
4804195852
Signed
2025-05-15
Discuss with paid preparer
Yes

Organization Details

Formed
2007
Legal Domicile
Az
Voting Board Members
9
Independent Board Members
9
Employees
55
Volunteers
13

Preparer

Firm
Snyder & Brown Cpas Pllc
Address
3933 S MCCLINTOCK DRIVE SUITE 505, Tempe, AZ 85282
Preparer
Robert Snyder
Phone
4803397114
Supplemental Narrative

Financial Statement Notes

Footnote for uncertain tax position under FIN 48 (Part X)

Management believes that it has appropriate support for any income tax positions taken, and, assuch, does not have any uncertain tax positions that are material to the financial statements.

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IRS990/Desc0THE PROGRAM PROVIDED BY CORTNEYS PLACE SERVES 34 ADULT STUDENTS WITH SEVERE DISABILITIES. THESE AMAZING INDIVIDUALS WILL CONTINUE TO GROW THROUGH EDUCATIONAL, PHYSICAL, COGNITIVE, AND PERSONAL DEVELOPMENT THROUGH THE PROJECTS PROVIDED. MUSIC THERAPY - ON A WEEKLY BASIS, INDIVIDUALS ENJOY LISTENING, SINGING AND PLAYING MUSICAL INSTRUMENTS. HYDRO-THERAPY/AQUATIC THERAPY - WEEKLY, THE STUDENTS VISIT A POOL AND WORK ONE-ON-ONE WITH A HYDRO-THERAPIST. PET THERAPY - SPECIALLY TRAINED DOGS VISIT THE PROGRAM EACH WEEK TO WORK WITH INDIVIDUALS WHO LIKE TO INTERACT WITH PETS. PHYSICAL ACTIVITY - SEVERAL TIMES EACH WEEK PARTICIPANTS TAKE PART IN EXERCISE ACTIVITIES TO PROMOTE FITNESS. ART THERAPY - ART IS A SPECIAL WAY TO COMMUNICATE FOR THOSE IN OUR CARE. ART SESSIONS - DEVELOP AN INDIVIDUALS UNIQUE ABILITIES AND ALLOW THEM A WAY TO EXPRESS THEMSELVES. COMMUNITY-BASED OUTINGS - OUR PROGRAM IS COMMUNITY FOCUSED AND WE PROVIDE DAILY OPPORTUNITIES FOR INDIVIDUALS AND EXPLORE THE WORLD AROUND US.DAILY LIVING SKILLS - EACH DAY INDIVIDUALS HAVE THE OPPORTUNITY TO PARTICIPATE IN LIFE SKILL DEVELOPMENT SUCH AS HOME MAINTENANCE, PERSONAL CARE AND HYGIENE, SAFETY AWARENESS, MONEY MANAGEMENT SKILLS AND MORE. SNOEZELEN ROOM - OUR SNOEZELEN ROOM IS FILLED WITH SIGHTS, SOUNDS, TEXTURES AND AROMAS USED TO STIMULATE, CALM OR ENERGIZE. SMART BOARDS - OUR SMART BOARDS ARE TOUCH SENSITIVE SCREENS CONNECTED TO A COMPUTER.
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Right of Use Assets - Operating
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LEASE LIABILITIES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY INCOME TAX POSITIONS TAKEN, AND, ASSUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Footnote for uncertain tax position under FIN 48 (Part X)
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0RESIDENTIAL FACILITIES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CORTNEYS HOME
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt09820 E THOMPSON PEAK PKWY
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Ste Scottsdale
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR FORMER
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD OFFICER AND ORGANIZATIONS FOUNDER, CINDY CARPENTER, AND BOARD OFFICER ANDCO-FOUNDER, JIM CARPENTER, ARE RELATED AS DEFINED BY THE IRS DEFINITION OF RELATIVE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CEO OF THE ORGANIZATION DISTRIBUTES A PDF COPY OF THE 990 RETURN TO ALL BOARD MEMBERS FOR REVIEW AND COMMENT PRIOR TO BEING FILED. AT THE FIRST MEETING OF THE BOARD FOLLOWING THE FILING OF THE 990 WITH THE IRS, THE COMPLETE FORM 990 IS PRESENTED TO THE BOARD BY THE ORGANIZATIONS LEAD OFFICERS WITH REPSONSIBILITY OVER THE FORM 990S REVIEW. THEREAFTER QUESTIONS ARE TAKEN AND THE FORM, ITS PREPARATION, AND ITS PUBLIC RELATION IMPACT IS DISCUSSED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AT EACH BOARD AND COMMITTEE MEETING, IF THERE IS A DISCUSSION OF SELECTING OR ENGAGING A VENDOR OR SERVICE PROVIDER, ALL IN ATTENDANCE ARE ASKED TO RECUSE THEMSELVES FROM THIS DISCUSSION IF THERE COULD BE A PERCEIVED CONFLICT. ANNUALLY THE ORGANIZATION REVIEWS AND DISCUSSES THE CONFLICT OF INTEREST POLICY AND REQUESTS THAT EACH BOARD MEMBER LIST AND ACKNOWLEDGE ANY KNOWN CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS REVIEWS THE COMPENSATION FOR THE CHIEF EXECUTIVE OFFICER BY COMPARING THEIR COMPENSATION TO THE COMPENSATION OF INDIVIDUALS IN LIKE POSITIONS IN COMPARABLE ORGAINIZATIONS USING FORMS 990, COMPENSATION STUDIES AND OTHER AVAILABLE DATA. THE BOARD OF DIRECTORS THEN APPROVES ANY CHANGES IN COMPENSATION BASED ON THIS INFORMATION. THE ORGANIZATION HAS NO OTHER PAID OFFICERS OR EMPLOYEES MEETING THE DEFINITION OF A KEY EMPLOYEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION WILL PROVIDE IN A TIMELY MANNER, COPIES OF ALL GOVERNING DOCUMENTSINCLUDING ITS CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS WHEN REQUUESTEDIN WRITING OR IN PERSON.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Governing documents etc available to public Part VI line 19
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