Cortneys Place

Nonprofit profile at a glance

EIN
421745079
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Scottsdale, AZ, USA
Phone
4804195852
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Human Service Organizations

Official website

Reported finances

Revenue
$1,979,634
Expenses
$1,878,145
Assets
$1,278,310
Liabilities
$188,726

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • CHASIDY GRAY (FORMER EXECUTIVE DIRECTOR)
  • SARAH LEVIN (EXECUTIVE DIRECTOR)

Highest reported compensation

  • CHASIDY GRAY (FORMER EXECUTIVE DIRECTOR): $122,706 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

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

What it reported doing in 2024

The program provided by cortneys place serves 60 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.

Operating model

Revenue model
Grant-funded. 83% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 87
  • Accountability: 83
  • Sustainability: 43
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76.7%; rating input score 77
  • Program expense ratio: 80.7%; rating input score 81
  • Fundraising efficiency: $97.09 raised per $1 spent on fundraising; rating input score 86; 86th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.1%; rating input score 94; 25th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 88.2%; rating input score 88; 22nd percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 5.1%; rating input score 50; 50th percentile among comparable filings
  • Total-asset coverage ratio: 0.68; rating input score 31; 31st percentile among comparable filings
  • Liabilities to assets ratio: 0.15; rating input score 36; 36th percentile among comparable filings
  • Officer compensation ratio: 6.5%; rating input score 49; 49th percentile among comparable filings

Growth

  • Program expense growth: 17.1% per year; rating input score 100; 79th percentile among comparable filings
  • Revenue growth: 12.2% per year; rating input score 100; 73rd percentile among comparable filings
  • Asset growth: 7.1% per year; rating input score 100; 48th percentile among comparable filings

Details

  • Where the money goes: 76.7% of revenue deployed · 80.7% of spending went to programs
  • Governance: 15 of 17 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $1.5M in reported program spending
  • Leadership: top reported pay $123K · 9 people listed
  • Consistency: 27 of 28 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 12 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Review — Sustainability: Operating margin scored 50/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 31/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Moderate — Sustainability: Liabilities to assets ratio scored 36/100.
  • Moderate — Sustainability: Officer compensation ratio scored 49/100.