Civic Intelligence

First Place Az

990 • Fiscal year 2016 • EIN 46-1722227

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 20, 2017

717 E MARYLAND AVE Room 110Phoenix, AZ 85014

(602) 733-6525

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

47th percentile

0.15x

Higher debt load relative to assets than 47% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

62nd percentile

0.33x

Higher debt load relative to revenue than 62% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

95th percentile

69%

Higher net margin than 95% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

25th percentile

$60,339

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

90th percentile

35%

Faster asset growth than 90% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

75th percentile

16%

Faster revenue growth than 75% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Up

$7,726,430

Up $2,005,594 (+35%) from 2015

Net Assets

Up

$6,581,194

Up $2,404,684 (+58%) from 2015

Liabilities

Down

$1,145,236

Down $399,090 (-26%) from 2015

Revenue

Up

$3,500,760

Up $470,244 (+16%) from 2015

Expenses

Up

$1,071,244

Up $421,993 (+65%) from 2015

Net Income

Up

$2,429,516

Up $48,251 (+2.0%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2012: $1Liabilities 2012: $02012Assets 2013: $1Liabilities 2013: $02013Assets 2014: $3,204,975Liabilities 2014: $1,409,730Net Assets 2014: $1,795,2452014Assets 2015: $5,720,836Liabilities 2015: $1,544,326Net Assets 2015: $4,176,5102015Assets 2016: $7,726,430Liabilities 2016: $1,145,236Net Assets 2016: $6,581,1942016Assets 2017: $11,307,314Liabilities 2017: $2,698,621Net Assets 2017: $8,608,6932017Assets 2018: $16,689,541Liabilities 2018: $9,348,850Net Assets 2018: $7,340,6912018Assets 2019: $15,244,794Liabilities 2019: $8,030,313Net Assets 2019: $7,214,4812019Assets 2020: $13,630,138Liabilities 2020: $6,810,412Net Assets 2020: $6,819,7262020Assets 2021: $15,321,199Liabilities 2021: $5,557,308Net Assets 2021: $9,763,8912021Assets 2022: $16,660,325Liabilities 2022: $5,575,357Net Assets 2022: $11,084,9682022Assets 2023: $18,385,795Liabilities 2023: $5,607,196Net Assets 2023: $12,778,5992023Assets 2024: $18,583,142Liabilities 2024: $4,609,454Net Assets 2024: $13,973,6882024

Highlighted filing

2016

Assets$7,726,430
Liabilities$1,145,236
Net Assets$6,581,194

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2012: $0Expenses 2012: $0Net Income 2012: $02012Revenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $1,922,435Expenses 2014: $226,420Net Income 2014: $1,696,0152014Revenue 2015: $3,030,516Expenses 2015: $649,251Net Income 2015: $2,381,2652015Revenue 2016: $3,500,760Expenses 2016: $1,071,244Net Income 2016: $2,429,5162016Revenue 2017: $3,734,769Expenses 2017: $1,625,710Net Income 2017: $2,109,0592017Revenue 2018: $2,860,597Expenses 2018: $3,996,139Net Income 2018: -$1,135,5422018Revenue 2019: $4,577,325Expenses 2019: $4,671,268Net Income 2019: -$93,9432019Revenue 2020: $3,993,624Expenses 2020: $4,381,058Net Income 2020: -$387,4342020Revenue 2021: $7,150,509Expenses 2021: $4,206,344Net Income 2021: $2,944,1652021Revenue 2022: $6,135,757Expenses 2022: $4,654,398Net Income 2022: $1,481,3592022Revenue 2023: $6,565,633Expenses 2023: $5,101,687Net Income 2023: $1,463,9462023Revenue 2024: $7,063,755Expenses 2024: $6,098,885Net Income 2024: $964,8702024

Highlighted filing

2016

Revenue$3,500,760
Expenses$1,071,244
Net Income$2,429,516
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 20, 2017
Return Version
2016v3.0
Gross Receipts
$3,656,584
Mission and Program Overview

Mission

First place sets the standard for developing communities that integrate adults with autism and other special abilities into the fabric of society through housing, healthcare, education, employment, supportive systems, and culture.

Sets the standard for developing communities that integrate adults with autism and special abilities into the fabric of society through housing, healthcare, education, employment, supportive systems, culture.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$2,116,921$2,730,548▲ $613,627
Land, Buildings, and Equipment, Net$2,158,011$2,498,029▲ $340,018
Cash and Non-Interest-Bearing Accounts$1,430,450$2,454,587▲ $1,024,137
Prepaid Expenses and Deferred Charges$13,084$37,604▲ $24,520
Accounts Receivable$1,470$4,462▲ $2,992
Total Assets$5,720,836$7,726,430▲ $2,005,594
Other Assets Total$900$1,200▲ $300
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,400,000$1,000,000▼ $400,000
Accounts Payable and Accrued Expenses$144,326$139,592▼ $4,734
Deferred Revenue-$5,644-
Total Liabilities$1,544,326$1,145,236▼ $399,090
Net Assets / Fund Balance
Temporarily Rstr Net Assets$2,662,737$3,663,584▲ $1,000,847
Unrestricted Net Assets$1,513,773$2,917,610▲ $1,403,837
Total Net Assets Fund Balance$4,176,510$6,581,194▲ $2,404,684
Total Liabilities and Net Assets / Fund Balance$5,720,836$7,726,430▲ $2,005,594

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,504,580-$1,504,580
Buildings$984,650-$984,650
Equipment$8,799$29,137$37,936

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$2,662,737$1,544,589-$543,742$3,663,584
2015$1,637,762$1,238,391-$213,416$2,662,737
2014-$1,650,000-$12,238$1,637,762
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Denise ResnikFounder, President CEOFT$60,339$60,339
Joe CooperCFO COOFT$8,631$8,631

Board Members and Trustees

NameTitle
Sara DialChair
Nancy WhiteVice Chair
Michael SklarVice Chair 1/1/16-11/22/16
Rob LeinbachDirector
Tess BurlesonDirector
Bo CalbertSecretary
Jack HenryTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Southwest Autism Research & Resource CtrTraining At Academy300 NO 18TH ST, Phoenix, AZ 85006-4103$118,736
Revenue and Support

Revenue Composition

Contributions and Grants
$3,019,722
Program Service Revenue
$476,596
Investment Income
$4,442
Other Revenue
$0
All Other Contributions
$3,019,722
Change in Net Assets
$2,429,516

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded9$155,523Average value high and low
Total Noncash Contributions9$155,523-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,475,928
Revenue Not Reported on Financial Statements
$24,832
Revenue Not Reported on Form 990
$243,784
Other Revenue Adjustments
$24,832
Total Revenue per Audited Statements
$3,719,712
Total Revenue per Form 990
$3,500,760
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$770,070
Salaries, Compensation, and Employee Benefits$286,174
Total Fundraising Expense$24,798
Grants and Similar Amounts Paid$15,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$171,521$53,149-$224,670
Other Salaries and Wages$179,824$29,773-$209,597
Occupancy$76,666--$76,666
Current Officers, Directors, Trustees, and Key Employees$24,829$26,641$17,500$68,970
Fees for Services Accounting-$48,970-$48,970
Fees for Services Legal-$25,271-$25,271
Travel$18,994$4,342-$23,336
Grants to Domestic Individuals$15,000--$15,000
Depreciation Depletion$12,645--$12,645
Insurance-$11,578-$11,578
Office Expenses$8,072$3,482-$11,554
Payroll Taxes$5,630$1,521$456$7,607
Information Technology$1,869$3,867-$5,736
Other Expenses$310,468$5,105$6,842$5,105
Advertising-$2,212-$2,212
Conferences and Meetings$594--$594
Total Functional Expenses$826,112$220,334$24,798$1,071,244

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,315,028
Expenses per Audited Statements$1,071,244
Total Expenses per Form 990$1,071,244
Expenses Not Reported on Form 990$243,784
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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

Form 990, Part VI, Section B, Line 11B

The treasurer 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 responsibility over the form 990s review thereafter, questions are taken and the form, its preparation, and its public relation impact is discussed.

Form 990, Part VI, Section B, 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.

Form 990, Part VI, Section B, Line 15

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

Form 990, Part VI, Section C, Line 18 19

The organization will provide in a timely manner, copies of all tax returns, governing documents including its conflict of interest policies, and financial statements when requested in writing or in person.

Form 990, Part VII, Section A, Line 3 9

The organization utilizes the services of an employee leasing firm. The amounts reflected as compensation and salaries throughout the return are the amounts paid to the employee leasing firm for the gross wages for these individuals. Per irs instructions, these employees are treated as being employees of the organization although there are not any w2s filed by the organization. The number of employees of 6 is listed in form 990, part i, line 5, while form 990, part v, line 2a for the number of w2s issued is zero.

Filing and Contact Details

Filer

Filer Name
First Place Az
EIN
46-1722227
Phone
6027336525
Address
717 E MARYLAND AVE Room 110, PHOENIX, AZ 85014

Signing Officer

Name
Joe Cooper
Title
Chief Financial Officer
Signed
2017-10-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Denise Resnik
Formed
2012
Legal Domicile
Az
Voting Board Members
7
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Sechler CPA Pc
Address
921 E ORANGE DRIVE, PHOENIX, AZ 85014
Preparer
Carolyn S Sechler
Phone
6022302700
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4A

The first place transition academy four four-bedroom suites for young adults with autism, modeled after the celebrated taft transition to independent living program which has saved the state of california hundreds of millions of dollars. 3 the first place leadership institute representing a faculty of luminaries from across the country, focused on pressing concerns that open doors to more housing and independent living options for individuals with special needs. Five centers within the leadership institute facilitate the critical work and impact of first place and include centers for training/education, real estate, research, expression, and public policy.

Form 990, Part III, Line 4B

Pbs newshour produced two nationally broadcasted segments that showcase the important work underway in phoenix, representing two of their most popular stories of 2016 and generating interest from around the world. Fpaz currently produces a 34-course curriculum for first place transition academy students, focused on life-skills development, career readiness, and interpersonal skills. Courses now taught at gateway community college in phoenix will be available this fall to other special learners at gateway. Fpaz is developing a 360 health wellness curriculum. Through our collaboration with autism speaks and the autistic global initiative, asu now offers an online curriculum to train direct-support service providers the lack of trained providers is a major impediment to creating more housing and community-life options.

Form 990, Part III, Line 4C

In addition, the leadership institute made significant progress in the development of a curriculum package for the transition program with the intent of being able to license this curriculum to interested parties later in 2018. There is significant interest in partnering to expand this important program in other locations across the us and potentially internationally working with fsl and other affordable housing developers on creating new properties similar to our beta site, opening the door to more housing options. 2 center for research underway on a national institutes of health grant in collaboration with sarrc, focused on results from the first place transition academy. Engaged in meetings and active discussions with asu and aj drexel about research and data collection opportunities that position first place and its collaborating partners very well for social impact bonds and other grants. 3 center for education, training employment first place is currently producing a 32-course curriculum for first place transition academy students, focused on life-skills development, career readiness, and interpersonal skills. Courses are now being taught at gateway community college in phoenix and will be available this fall to other special learners at gateway. First place is also developing a 360 health wellness curriculum. Through our collaboration with autism speaks and the autistic global initiative, asu is now offering an online curriculum to train direct-support service providers the lack of trained providers is a major impediment to creating more housing and community-life options. 4 center for expression a young leaders summit is being organized for fall 2016, involving the faculty and students of asus walter cronkite school of journalism and mass communication who will help young leaders with autism tell their stories and advocate for themselves, as well as promote awareness of the issue through social and traditional media. 5 center for public policy in response to a request from congress, the u.s. Government accountability office hosted two panels in washington, d.c. Focused on the challenges of transitioning adolescents and adults with autism. Four first place leaders served on these panels. Two also served on the arizona asd autism spectrum disorder advisory committee, which submitted its report to arizona governor doug ducey.

Form 990, Part IX, Line 11G

Operating partners for the academy, payroll services, security services, and other contract services

Form 990, Part XI, Line 9

Discounts on long-term pledges disallowed for tax except for actual write-off of uncollectible pledges

Financial Statement Notes

XI 4B

Discounts on long-term pledges disallowed for tax except for actual write-off of uncollectible pledges

X 2

The organization follows the income tax standard for uncertain tax positions. The organization does not currently include an income tax provision in the financial statements management monitors the reporting of uncertain tax positions, which could result in recording an income tax provision in the future.

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