Civic Intelligence

Friendship House North Two Inc

EIN 35-1974061 • 501(c)3 • West Lafayette, IN

Profile

To provide elderly persons and handicapped persons with housing facilities and services specially designed to meet their physical, social and psychological needs and to promote their health, security, happiness and usefulness in longer living. The charges for such facilities and services are to be predicated upon the provision, maintenance and operations thereof on a non-profit basis.

1008 Cumberland AvenueWest Lafayette, IN 47906

www.fhcindiana.com

Siviq Scores

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

Liabilities / Assets

98th percentile

2.25x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

98th percentile

7.91x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

6th percentile

-51%

Higher net margin than 6% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

21st percentile

-6.5%

Faster asset growth than 21% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

55th percentile

10%

Faster revenue growth than 55% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$1,407,731

Down $97,522 (-6.5%) from 2023

Liabilities

Up

$3,173,943

Up $106,227 (+3.5%) from 2023

Net Assets

Down

-$1,766,212

Down $203,749 (-13%) from 2023

Operations
Liabilities / Revenue98th percentileNet Margin6th percentile

Revenue

Up

$401,180

Up $36,474 (+10%) from 2023

Expenses

Up

$604,929

Up $100,567 (+20%) from 2023

Net Income

Down

-$203,749

Down $64,093 (-46%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth21st percentile

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

$4.0M$2.0M$0-$2.0MAssets 2016: $2,137,061Liabilities 2016: $3,018,399Net Assets 2016: -$881,3382016Assets 2017: $2,040,999Liabilities 2017: $3,015,644Net Assets 2017: -$974,6452017Assets 2018: $1,981,800Liabilities 2018: $3,032,826Net Assets 2018: -$1,051,0262018Assets 2019: $1,894,878Liabilities 2019: $3,017,921Net Assets 2019: -$1,123,0432019Assets 2020: $1,794,848Liabilities 2020: $3,017,463Net Assets 2020: -$1,222,6152020Assets 2021: $1,720,053Liabilities 2021: $3,031,445Net Assets 2021: -$1,311,3922021Assets 2022: $1,571,161Liabilities 2022: $2,993,968Net Assets 2022: -$1,422,8072022Assets 2023: $1,505,253Liabilities 2023: $3,067,716Net Assets 2023: -$1,562,4632023Assets 2024: $1,407,731Liabilities 2024: $3,173,943Net Assets 2024: -$1,766,2122024

Highlighted filing

2024

Assets$1,407,731
Liabilities$3,173,943
Net Assets-$1,766,212
Open 2024 Filing

Operations Trend

Revenue Growth55th percentile

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

$1.0M$500K$0-$500KRevenue 2016: $310,789Expenses 2016: $366,503Net Income 2016: -$55,7142016Revenue 2017: $306,745Expenses 2017: $400,052Net Income 2017: -$93,3072017Revenue 2018: $325,550Expenses 2018: $401,933Net Income 2018: -$76,3832018Revenue 2019: $339,210Expenses 2019: $411,227Net Income 2019: -$72,0172019Revenue 2020: $340,679Expenses 2020: $440,251Net Income 2020: -$99,5722020Revenue 2021: $348,556Expenses 2021: $437,333Net Income 2021: -$88,7772021Revenue 2022: $353,332Expenses 2022: $464,747Net Income 2022: -$111,4152022Revenue 2023: $364,706Expenses 2023: $504,362Net Income 2023: -$139,6562023Revenue 2024: $401,180Expenses 2024: $604,929Net Income 2024: -$203,7492024

Highlighted filing

2024

Revenue$401,180
Expenses$604,929
Net Income-$203,749
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,407,731
Liabilities
$3,173,943
Net assets
-$1,766,212
Revenue
$401,180
Expenses
$604,929
Net income
-$203,749
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.41$3.17$1.77$0.40$0.60$0.20
2023Detailed filing. Detailed filing data is available for this year.$1.51$3.07$1.56$0.36$0.50$0.14
2022Detailed filing. Detailed filing data is available for this year.$1.57$2.99$1.42$0.35$0.46$0.11
2021Detailed filing. Detailed filing data is available for this year.$1.72$3.03$1.31$0.35$0.44$0.09
2020Detailed filing. Detailed filing data is available for this year.$1.79$3.02$1.22$0.34$0.44$0.10
2019Detailed filing. Detailed filing data is available for this year.$1.89$3.02$1.12$0.34$0.41$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.98$3.03$1.05$0.33$0.40$0.08
2017Detailed filing. Detailed filing data is available for this year.$2.04$3.02$0.97$0.31$0.40$0.09
2016Detailed filing. Detailed filing data is available for this year.$2.14$3.02$0.88$0.31$0.37$0.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Dec 4, 2024
Return Version
2023v5.1
Gross Receipts
$401,180
Mission and Program Overview

Mission

To provide elderly persons and handicapped persons with housing facilities and services specially designed to meet their physical, social and psychological needs and to promote their health, security, happiness and usefulness in longer living. The charges for such facilities and services are to be predicated upon the provision, maintenance and operations thereof on a non-profit basis.

Affordable housing - see part iii line 1 for mission statement

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,349,788$1,276,089▼ $73,699
Cash and Non-Interest-Bearing Accounts$16,465$0▼ $16,465
Accounts Receivable$2,079$1,570▼ $509
Total Assets$1,505,253$1,407,731▼ $97,522
Other Assets Total$136,921$130,072▼ $6,849
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,961,795$2,961,795→ $0
Accounts Payable and Accrued Expenses$81,073$182,442▲ $101,369
Other Liabilities$24,791$29,426▲ $4,635
Deferred Revenue$57$280▲ $223
Total Liabilities$3,067,716$3,173,943▲ $106,227
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,562,463$-1,766,212▼ $203,749
Total Net Assets Fund Balance$-1,562,463$-1,766,212▼ $203,749
Total Liabilities and Net Assets / Fund Balance$1,505,253$1,407,731▼ $97,522

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,109,596$2,114,790$3,224,386
Equipment$39,085$385,875$424,960
Land$127,408-$127,408
Other Assets Org$103,418--
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
Stewart W KlinePresident
Robert GrossVice President
Beverly WallaceBoard Member
Bob WollenburgBoard Member
Brian TitlowBoard Member
Carson HayesBoard Member
Erika SteutermanBoard Member
Jason RamslandBoard Member
Jim RawlingsBoard Member
Kimberly ThomasBoard Member
Matt RiebsomerBoard Member
Rich AdairTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$75,282
Program Service Revenue
$309,840
Investment Income
$4
Other Revenue
$16,054
Change in Net Assets
$-203,749

Audited Revenue Reconciliation

Revenue per Audited Statements
$401,180
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$401,180
Total Revenue per Form 990
$401,180
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$338,949
Salaries, Compensation, and Employee Benefits$265,980
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$120,100$96,225-$216,325
Occupancy$125,947$27,270-$153,217
Depreciation Depletion$99,815--$99,815
Other Employee Benefits$36,396--$36,396
Office Expenses$11,758$19,733-$31,491
Insurance$27,041--$27,041
Fees for Services Management-$16,800-$16,800
Payroll Taxes$13,259--$13,259
Fees for Services Accounting-$10,248-$10,248
Conferences and Meetings-$337-$337
Total Functional Expenses$434,316$170,613$0$604,929

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$604,929
Total Expenses per Audited Statements$604,929
Total Expenses per Form 990$604,929
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Tenant Deposits Held in Trust$26,348
Bank Overdraft$3,078
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 2

“A board member also owns the company which manages the entity.”

Form 990, Part VI, Section A, Line 3

“Friendship house north two, inc has a management agent contract with lenzy hayes, inc for daily operations on a monthly basis, lenzy hayes, inc reports to the board of directors on financial operations and compilance with laws and regulations.”

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

“The treasurer shall review the irs form 990 and shall distribute a copy to the committee members by electronic communications for review and comment within ten (10) days. The treasurer shall provide a summary of any comments from the committee to the accountant within such ten (10)day period.”

Form 990, Part VI, Section B, Line 12C

“On an annual basis, the board of directors reviews and updates the conflict of interest policy with all board members.”

Form 990, Part VI, Section B, Line 15

“As a part of the annual budget procedures, the board of directors evaluates the top management performance and reviews the compensation of other executive director or top managers in tippecanoe county to determine an appropriate compensation packages.”

Form 990, Part VI, Section C, Line 19

“Friendship house north two, inc makes its governing documents, financial statements, tax return and conflict of interest policy available to the public after receipt of request in writing to 1008 cumberland avenue, west lafayette, in 47906.”

Filing and Contact Details

Filer

Filer Name
Friendship House North Two Inc
EIN
35-1974061
Phone
7654639586
Address
1008 CUMBERLAND AVENUE, WEST LAFAYETTE, IN 47906

Signing Officer

Name
Rich Adair
Title
Treasurer
Phone
7654639586
Signed
2024-12-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rich Adair
Formed
1998
Legal Domicile
In
Voting Board Members
12
Independent Board Members
12
Employees
8
Volunteers
0

Preparer

Firm
Cna Tax Professionals Inc
Address
10475 CROSSPOINT BOULEVARD SUITE, 200, INDIANAPOLIS, IN 46256
Preparer
Shawn D Dreiman CPA
Phone
3178413393
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The corporation qualifies as a tax-exempt organization under section 501(c)(3) of the internal revenue code; therefore, no provision for income taxes is recognized in the financial statements. It is exempt from income taxes under the provisions of section 501(a) of the code. In the event the corporation was to lose its tax-exempt status, income tax expense for the tax reporting entity would include federal and state taxes currently payable and deferred taxes arising from temporary differences between income for financial reporting and income tax purposes. No such differences existed as of june 30, 2024 and 2023. The corporation adopted the standard for accounting for uncertainty in income taxes. The entity recognizes a tax benefit only if it is more likely than not the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the more-likely-than-not test, no tax benefit is recorded. Federal and state tax authorities (if applicable) generally have the right to examine and audit the previous three years of tax returns filed.”

Raw XML AppendixShowing 400 of 521 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE ELDERLY PERSONS AND HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS AND USEFULNESS IN LONGER LIVING. THE CHARGES FOR SUCH FACILITIES AND SERVICES ARE TO BE PREDICATED UPON THE PROVISION, MAINTENANCE AND OPERATIONS THEREOF ON A NON-PROFIT BASIS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02961795
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02961795
IRS990/NetAssetsOrFundBalancesBOYAmt0-1562463
IRS990/NetAssetsOrFundBalancesEOYAmt0-1766212
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-1562463
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-1766212
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt027270
IRS990/OccupancyGrp/ProgramServicesAmt0125947
IRS990/OccupancyGrp/TotalAmt0153217
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt019733
IRS990/OfficeExpensesGrp/ProgramServicesAmt011758
IRS990/OfficeExpensesGrp/TotalAmt031491
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0136921
IRS990/OtherAssetsTotalGrp/EOYAmt0130072
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt036396
IRS990/OtherEmployeeBenefitsGrp/TotalAmt036396
IRS990/OtherLiabilitiesGrp/BOYAmt024791
IRS990/OtherLiabilitiesGrp/EOYAmt029426
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1812300
IRS990/OtherRevenueMiscGrp/Desc0MISC REVENUE
IRS990/OtherRevenueMiscGrp/Desc1LAUNDRY & VENDING
IRS990/OtherRevenueMiscGrp/ExclusionAmt09502
IRS990/OtherRevenueMiscGrp/ExclusionAmt16552
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt09502
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt16552
IRS990/OtherRevenueTotalAmt016054
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt096225
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0120100
IRS990/OtherSalariesAndWagesGrp/TotalAmt0216325
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt013259
IRS990/PayrollTaxesGrp/TotalAmt013259
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0RICH ADAIR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANT RENT & CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0309840
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0309840
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0123850
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt05
IRS990/PYOtherExpensesAmt0346434
IRS990/PYOtherRevenueAmt06099
IRS990/PYProgramServiceRevenueAmt0234752
IRS990/PYRevenuesLessExpensesAmt0-139656
IRS990/PYSalariesCompEmpBnftPaidAmt0157928
IRS990/PYTotalExpensesAmt0504362
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0364706
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-203749
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0309840
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt075282
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0123850
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0120990
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0112817
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0108732
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0541671
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt04
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt05
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0398
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0535
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01353
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02295
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0309840
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0234752
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0226339
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0231157
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0226437
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01228525
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt04
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt05
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0398
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0535
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01353
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02295
IRS990ScheduleA/InvestmentIncomeCYPct00.00130
IRS990ScheduleA/InvestmentIncomePYPct00.00210
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt016054
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt06099
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt05605
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt04047
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt04157
IRS990ScheduleA/OtherIncome509Grp/TotalAmt035962
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.97880
IRS990ScheduleA/PublicSupportPY509Pct00.98420
IRS990ScheduleA/PublicSupportTotal509Amt01770196
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0385122
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0358602
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0347329
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0343974
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0335169
IRS990ScheduleA/Total509Grp/TotalAmt01770196
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0401180
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0364706
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0353332
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0348556
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0340679
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01808453
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01109596
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02114790
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03224386
IRS990ScheduleD/EquipmentGrp/BookValueAmt039085
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0385875
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0424960
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0604929
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0127408
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0127408
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt026654
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1103418
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT DEPOSITS HELD IN TRUST
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1REPLACEMENT RESERVE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt026348
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13078
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS HELD IN TRUST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1BANK OVERDRAFT
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0401180
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; THEREFORE, NO PROVISION FOR INCOME TAXES IS RECOGNIZED IN THE FINANCIAL STATEMENTS. IT IS EXEMPT FROM INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(A) OF THE CODE. IN THE EVENT THE CORPORATION WAS TO LOSE ITS TAX-EXEMPT STATUS, INCOME TAX EXPENSE FOR THE TAX REPORTING ENTITY WOULD INCLUDE FEDERAL AND STATE TAXES CURRENTLY PAYABLE AND DEFERRED TAXES ARISING FROM TEMPORARY DIFFERENCES BETWEEN INCOME FOR FINANCIAL REPORTING AND INCOME TAX PURPOSES. NO SUCH DIFFERENCES EXISTED AS OF JUNE 30, 2024 AND 2023. THE CORPORATION ADOPTED THE STANDARD FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE ENTITY RECOGNIZES A TAX BENEFIT ONLY IF IT IS MORE LIKELY THAN NOT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE MORE-LIKELY-THAN-NOT TEST, NO TAX BENEFIT IS RECORDED. FEDERAL AND STATE TAX AUTHORITIES (IF APPLICABLE) GENERALLY HAVE THE RIGHT TO EXAMINE AND AUDIT THE PREVIOUS THREE YEARS OF TAX RETURNS FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01276089
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0130072
IRS990ScheduleD/TotalExpensesPerForm990Amt0604929
IRS990ScheduleD/TotalLiabilityAmt029426
IRS990ScheduleD/TotalRevenuePerForm990Amt0401180
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0401180
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0604929
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A BOARD MEMBER ALSO OWNS THE COMPANY WHICH MANAGES THE ENTITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FRIENDSHIP HOUSE NORTH TWO, INC HAS A MANAGEMENT AGENT CONTRACT WITH LENZY HAYES, INC FOR DAILY OPERATIONS ON A MONTHLY BASIS, LENZY HAYES, INC REPORTS TO THE BOARD OF DIRECTORS ON FINANCIAL OPERATIONS AND COMPILANCE WITH LAWS AND REGULATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE TREASURER SHALL REVIEW THE IRS FORM 990 AND SHALL DISTRIBUTE A COPY TO THE COMMITTEE MEMBERS BY ELECTRONIC COMMUNICATIONS FOR REVIEW AND COMMENT WITHIN TEN (10) DAYS. THE TREASURER SHALL PROVIDE A SUMMARY OF ANY COMMENTS FROM THE COMMITTEE TO THE ACCOUNTANT WITHIN SUCH TEN (10)DAY PERIOD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ON AN ANNUAL BASIS, THE BOARD OF DIRECTORS REVIEWS AND UPDATES THE CONFLICT OF INTEREST POLICY WITH ALL BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4AS A PART OF THE ANNUAL BUDGET PROCEDURES, THE BOARD OF DIRECTORS EVALUATES THE TOP MANAGEMENT PERFORMANCE AND REVIEWS THE COMPENSATION OF OTHER EXECUTIVE DIRECTOR OR TOP MANAGERS IN TIPPECANOE COUNTY TO DETERMINE AN APPROPRIATE COMPENSATION PACKAGES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FRIENDSHIP HOUSE NORTH TWO, INC MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, TAX RETURN AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC AFTER RECEIPT OF REQUEST IN WRITING TO 1008 CUMBERLAND AVENUE, WEST LAFAYETTE, IN 47906.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/EIN0834635830
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/GeneralOrManagingPartnerInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/LegalDomicileStateCd0IN
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt0AFFORDABLE HOUSING
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/RelatedOrganizationName/BusinessNameLine1Txt0FRIENDSHIP HOUSE COMMUNITIES
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/AddressLine1Txt01010 CUMBERLAND AVE
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/USAddress/CityNm0WEST LAFAYETTE

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