Civic Intelligence

First Place Az

990 • Fiscal year 2017 • EIN 46-1722227

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 13, 2018

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

53rd percentile

0.24x

Higher debt load relative to assets than 53% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

74th percentile

0.72x

Higher debt load relative to revenue than 74% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

92nd percentile

56%

Higher net margin than 92% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

34th percentile

$132,000

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 3.5% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

93rd percentile

46%

Faster asset growth than 93% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

56th percentile

6.7%

Faster revenue growth than 56% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Up

$11,307,314

Up $3,580,884 (+46%) from 2016

Net Assets

Up

$8,608,693

Up $2,027,499 (+31%) from 2016

Liabilities

Up

$2,698,621

Up $1,553,385 (+136%) from 2016

Revenue

Up

$3,734,769

Up $234,009 (+6.7%) from 2016

Expenses

Up

$1,625,710

Up $554,466 (+52%) from 2016

Net Income

Down

$2,109,059

Down $320,457 (-13%) from 2016

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

2017

Assets$11,307,314
Liabilities$2,698,621
Net Assets$8,608,693

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

2017

Revenue$3,734,769
Expenses$1,625,710
Net Income$2,109,059
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 13, 2018
Return Version
2017v2.3
Gross Receipts
$3,734,769
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$2,730,548$1,683,546▼ $1,047,002
Cash and Non-Interest-Bearing Accounts$2,454,587$1,630,234▼ $824,353
Land, Buildings, and Equipment, Net$1,513,379$1,556,379▲ $43,000
Prepaid Expenses and Deferred Charges$37,604$102,595▲ $64,991
Accounts Receivable$4,462$10,550▲ $6,088
Total Assets$7,726,430$11,307,314▲ $3,580,884
Other Assets Total$985,850$6,324,010▲ $5,338,160
Liabilities
Accounts Payable and Accrued Expenses$139,592$1,398,621▲ $1,259,029
Mortgage Notes Payable Secured by Investment Property$1,000,000$1,300,000▲ $300,000
Deferred Revenue$5,644--
Total Liabilities$1,145,236$2,698,621▲ $1,553,385
Net Assets / Fund Balance
Unrestricted Net Assets$2,917,610$7,060,097▲ $4,142,487
Temporarily Rstr Net Assets$3,663,584$1,548,596▼ $2,114,988
Total Net Assets Fund Balance$6,581,194$8,608,693▲ $2,027,499
Total Liabilities and Net Assets / Fund Balance$7,726,430$11,307,314▲ $3,580,884

Asset Categories

AssetBook ValueDepreciationBasis
Land$1,504,855-$1,504,855
Equipment$51,524$44,624$96,148
Other Assets Org$6,077,961--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$3,663,584$2,236,000-$4,350,988$1,548,596
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 TimeBaseOtherTotal
Joe CooperCFO COOFT$125,269$6,731$132,000
Denise ResnikFounder, President CEOFT$125,008-$125,008

Board Members and Trustees

NameTitle
Sara DialChair
Nancy WhiteVice Chair
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$517,273
Revenue and Support

Revenue Composition

Contributions and Grants
$3,104,959
Program Service Revenue
$628,715
Investment Income
$1,095
Other Revenue
$0
All Other Contributions
$3,104,959
Change in Net Assets
$2,109,059

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
Cars and Other Vehicles1$56,141Comparable Sales
Total Noncash Contributions1$56,141-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,722,565
Revenue Not Reported on Financial Statements
$12,204
Revenue Not Reported on Form 990
$195,083
Other Revenue Adjustments
$12,204
Total Revenue per Audited Statements
$3,917,648
Total Revenue per Form 990
$3,734,769
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,073,111
Salaries, Compensation, and Employee Benefits$552,599
Total Fundraising Expense$68,992
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$328,398$47,087$21,563$397,048
Other Salaries and Wages$187,744$107,847-$295,591
Current Officers, Directors, Trustees, and Key Employees$92,523$117,056$47,429$257,008
Occupancy$83,330$6,946-$90,276
Fees for Services Accounting-$59,979-$59,979
Travel$29,489$8,767-$38,256
Office Expenses$9,192$21,599-$30,791
Insurance-$22,556-$22,556
Depreciation Depletion$8,938$6,550-$15,488
Information Technology$2,320$9,549-$11,869
Fees for Services Legal$3,116$7,716-$10,832
Other Expenses$5,157$3,328-$8,485
Advertising$185$2,040-$2,225
Interest-$55-$55
Conferences and Meetings-$12-$12
Total Functional Expenses$1,131,440$425,278$68,992$1,625,710

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,890,149
Expenses per Audited Statements$1,625,710
Total Expenses per Form 990$1,625,710
Expenses Not Reported on Form 990$264,439
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
Yes
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 19

The organization will provide in a timely manner, 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 38

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. Payroll taxes are also not reported as they are the responsibilty of the leasing company.

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
Chuck Heimerdinger
Title
Interim CFO
Signed
2018-11-13
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 Morgan Cpas Pllc
Address
2418 W BARROW DRIVE, CHANDLER, AZ 85224
Preparer
Kristina Morgan CPA
Phone
6022302700
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

Program Service Expenses 0, Grants and allocations 0, Revenue 0 FIRST PLACE TRANSITION ACADEMY - LAUNCHED NEARLY THREE YEARS AGO, ENROLLMENT IN THE TRANSITION ACADEMY HAS STEADILY INCREASED. SOPHOMORES IN THE PROGRAM WILL BE GRADUATING IN MAY 2018. IN 2018, FRESHMEN WILL LIVE AT FIRST PLACE-PHOENIX AND SOPHOMORES, AT 29 PALMS OUR INITIAL BETA SITE, AN AFFORDABLE HOUSING PROPERTY CO-LOCATING SENIORS WITH TRANSITION ACADEMY RESIDENTS. TRANSITION ACADEMY PARTICIPANTS MATRICULATE THROUGH THEIR COURSEWORK, APPLYING WHAT THEY LEARN IN THEIR APARTMENTS - ALSO KNOWN AS INDEPENDENT LIVING CLASSROOMS - AND THE COMMUNITY AT LARGE. THE LEARN4INDEPENDENCE CURRICULUM FOR FRESHMEN AND SOPHOMORES CONTINUES TO BE TAUGHT ON THE CAMPUS OF PHOENIXS GATEWAY COMMUNITY COLLEGE - A REMARKABLE, SUPPORTIVE PARTNER SUCCESSFULLY INTEGRATING OUR TRANSITION ACADEMY PARTICIPANTS WITH THE BROADER STUDENT POPULATION.

Form 990, Part III, Line 4D

Program Service Expenses 0, Grants and allocations 0, Revenue 0 FIRST PLACE GLOBAL LEADERSHIP INSTITUTE - THE GLOBAL LEADERSHIP INSTITUTE HAS MADE STEADY GAINS TOWARD TRAINING SUPPORT PROVIDERS AND CREATING NEW EMPLOYMENT OPPORTUNITIES FOR PROGRAM PARTICIPANTS. EACH OF THE GLOBAL LEADERSHIP INSTITUTES FIVE CENTERS IS FOCUSED ON SHORT- AND LONG-TERM PROJECTS AND SPECIFIC INITIATIVES -

Form 990, Part III, Line 4D

Program Service Expenses 0, Grants and allocations 0, Revenue 0 1 MARICOPA COUNTY IDA CENTER FOR EDUCATION, TRAINING EMPLOYMENT - LICENSING OF THE FIRST PLACE AZ LEARN4INDEPENDENCE CURRICULUM, COMPRISING 32 SEMESTER-LENGTH COURSES 17 WEEKS EACH, IS A VALUABLE, SOUGHT-AFTER CURRICULUM AND SERVES AS VALUABLE CONTENT FOR THE FIRST PLACE TRANSITION ACADEMY

Form 990, Part III, Line 4D

Program Service Expenses 0, Grants and allocations 0, Revenue 0 2 CENTER FOR REAL ESTATE COMMUNITY DEVELOPMENT - THIS CENTER HOSTS SEMI-ANNUAL SYMPOSIA FOR LEADERS FROM AROUND THE WORLD EAGER TO LEARN MORE ABOUT FIRST PLACE AND SARRC - AND HOW PHOENIX HAS BECOME THE MOST AUTISM-FRIENDLY CITY IN THE WORLD

Form 990, Part III, Line 4D

Program Service Expenses 0, Grants and allocations 0, Revenue 0 3 COLONEL HARLAND SANDERS CENTER FOR APPLIED RESEARCH - THIS CENTER IS COLLECTING DATA ON OUTCOMES FOR THE TRANSITION ACADEMY AND WILL BE INVOLVED IN OTHER INITIATIVES INCLUDING QUALITY OF LIFE SURVEYS FOR ALL FIRST PLACE PARTICIPANTS AND FUTURE RESIDENTS

Form 990, Part III, Line 4D

Program Service Expenses 0, Grants and allocations 0, Revenue 0 4 MULZET CENTER FOR EXPRESSION - THIS CENTER IS FOCUSED ON COMMUNICATING LESSONS LEARNED ABOUT FIRST PLACE-PHOENIX, INCLUDING THE COMPLEXITIES OF TRANSITIONING FROM ADOLESCENCE TO ADULTHOOD. OUR WORK HAS CAPTURED THE ATTENTION OF PBS NEWSHOUR AND VARIOUS OTHER NATIONAL AND LOCAL MEDIA OUTLETS. FILMING FOR THE DOCUMENTARY ON THE HISTORY OF AUTISM BY JOURNALISTS AND PULITZER PRIZE FINALISTS CAREN ZUCKER AND JOHN DONVAN ALSO CONTINUES IN PHOENIX AND ACROSS THE COUNTRY

Form 990, Part III, Line 4D

Program Service Expenses 0, Grants and allocations 0, Revenue 0 AND 5 CENTER FOR PUBLIC POLICY - THIS CENTER WILL EMPOWER FUTURE POLICIES SUPPORTING GREATER INNOVATION, ENABLING MORE INDIVIDUALS AND FAMILIES TO COMBINE PUBLIC AND PRIVATE FUNDING FOR NEW RESIDENTIAL MODELS LIKE FIRST PLACE.

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 and allowance for uncollectible pledges are not reflected as expenses for tax purposes as they relate to unconditional promises to donate to the organization - 87,204

Financial Statement Notes

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.

XI 2D

Scholarship expenses are truly reductions of program services fees and are therefore netted against income for tax purposes - 30,000.

XI 4B

Discounts on long-term pledges not reflected for tax purposes as they relate to unconditional promises to donate to the organization in the current period - 12,204.

XII 2D

Allowance for uncollectible pledges are not reflected for tax purposes as they relate to unconditional promises to donate to the organization and are not bad debt until realized - 75,000 scholarship expenses are truly reductions of program services fees and are therefore netted against income for tax purposes - 30,000. Total 105,000.

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IRS990/MissionDesc0FIRST 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.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE 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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