Civic Intelligence

Friendship Place

990 • Fiscal year 2018 • EIN 52-1925494

Oct 01, 2017 to Sep 30, 2018 • Filed on Jun 05, 2019

Organization Profilewww.friendshipplace.org

View Organization Page

4713 Wisconsin Ave NWWashington, DC 20016

(202) 364-1419

Siviq Scores

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

Liabilities / Assets

54th percentile

0.25x

Higher debt load relative to assets than 54% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Liabilities / Revenue

25th percentile

0.08x

Higher debt load relative to revenue than 25% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Net Margin

37th percentile

0.2%

Higher net margin than 37% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Top Officer Pay

60th percentile

$206,212

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2018

Asset Growth

7th percentile

-13%

Faster asset growth than 7% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Revenue Growth

22nd percentile

-7.1%

Faster revenue growth than 22% of similar nonprofits.

2018 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets54th percentile

Assets

Down

$3,667,699

Down $525,144 (-13%) from 2017

Net Assets

Up

$2,748,075

Up $20,390 (+0.7%) from 2017

Liabilities

Down

$919,624

Down $545,534 (-37%) from 2017

Revenue And Expenses
Liabilities / Revenue25th percentileNet Margin37th percentile

Revenue

Down

$11,078,330

Down $847,013 (-7.1%) from 2017

Expenses

Up

$11,057,940

Up $63,949 (+0.6%) from 2017

Net Income

Down

$20,390

Down $910,962 (-98%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth7th percentile

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

$15M$10M$5.0M$0Assets 2011: $1,636,217Liabilities 2011: $471,824Net Assets 2011: $1,164,3932011Assets 2012: $1,690,515Liabilities 2012: $486,682Net Assets 2012: $1,203,8332012Assets 2013: $1,889,434Liabilities 2013: $550,719Net Assets 2013: $1,338,7152013Assets 2014: $2,101,057Liabilities 2014: $723,799Net Assets 2014: $1,377,2582014Assets 2015: $2,595,604Liabilities 2015: $1,155,444Net Assets 2015: $1,440,1602015Assets 2016: $3,758,535Liabilities 2016: $1,962,202Net Assets 2016: $1,796,3332016Assets 2017: $4,192,843Liabilities 2017: $1,465,158Net Assets 2017: $2,727,6852017Assets 2018: $3,667,699Liabilities 2018: $919,624Net Assets 2018: $2,748,0752018Assets 2019: $3,895,146Liabilities 2019: $1,168,735Net Assets 2019: $2,726,4112019Assets 2020: $5,852,824Liabilities 2020: $1,622,854Net Assets 2020: $4,229,9702020Assets 2021: $9,467,594Liabilities 2021: $1,241,728Net Assets 2021: $8,225,8662021Assets 2022: $9,181,144Liabilities 2022: $960,250Net Assets 2022: $8,220,8942022Assets 2023: $10,041,623Liabilities 2023: $2,681,394Net Assets 2023: $7,360,2292023Assets 2024: $10,586,639Liabilities 2024: $2,231,305Net Assets 2024: $8,355,3342024

Highlighted filing

2018

Assets$3,667,699
Liabilities$919,624
Net Assets$2,748,075
Open 2018 Filing

Operations Trend

Revenue Growth22nd percentile

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

$30M$20M$10M$0-$10MExpenses 2011: $2,753,1682011Expenses 2012: $2,956,1062012Expenses 2013: $4,117,2012013Revenue 2014: $5,710,629Expenses 2014: $5,672,086Net Income 2014: $38,5432014Revenue 2015: $8,048,009Expenses 2015: $7,985,107Net Income 2015: $62,9022015Revenue 2016: $10,212,826Expenses 2016: $9,856,653Net Income 2016: $356,1732016Revenue 2017: $11,925,343Expenses 2017: $10,993,991Net Income 2017: $931,3522017Revenue 2018: $11,078,330Expenses 2018: $11,057,940Net Income 2018: $20,3902018Revenue 2019: $10,221,509Expenses 2019: $10,243,173Net Income 2019: -$21,6642019Revenue 2020: $14,548,106Expenses 2020: $13,044,547Net Income 2020: $1,503,5592020Revenue 2021: $20,756,314Expenses 2021: $16,760,418Net Income 2021: $3,995,8962021Revenue 2022: $17,744,686Expenses 2022: $17,749,658Net Income 2022: -$4,9722022Revenue 2023: $20,745,776Expenses 2023: $21,636,609Net Income 2023: -$890,8332023Revenue 2024: $23,946,777Expenses 2024: $23,043,913Net Income 2024: $902,8642024

Highlighted filing

2018

Revenue$11,078,330
Expenses$11,057,940
Net Income$20,390
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Jun 5, 2019
Return Version
2017v2.3
Gross Receipts
$11,078,330
Mission and Program Overview

Mission

Friendship Place is a leader in the Washington, DC, metro area in developing solutions to homelessness that have measurable results and a lasting impact. Friendship Place's mission is to empower people who are experiencing or at risk of homelessness to attain stable housing and rebuild their lives. Friendship Place helped 5,443 and 5,430 people in the years ended September 30, 2025 and 2024, respectively, with comprehensive, wraparound services that included street outreach, drop-in, free medical and psychiatric services, job placement, case management, transitional shelter, rapid rehousing, homelessness prevention, permanent supportive housing, and specialized services for families, youth, and veterans.

Friendship Place is a leader in the Washington, DC, metro area in developing solutions to homelessness that have measurable results and a lasting impact. The Organization's mission is to empower people who are experiencing or at risk of homelessness to attain stable housing and rebuild their lives. Friendship Place helped more than 3,500 people in the year ended September 30, 2018 with comprehensive, wraparound services that included street outreach, drop-in, free medical and psychiatric services, job placement, case management, transitional shelter, rapid rehousing, homelessness prevention, permanent supportive housing, and specialized services for families, youth, and veterans.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$773,312$1,132,970▲ $359,658
Pledges and Grants Receivable$1,173,696$914,619▼ $259,077
Accounts Receivable$1,542,016$829,832▼ $712,184
Land, Buildings, and Equipment, Net$511,686$465,849▼ $45,837
Cash and Non-Interest-Bearing Accounts$133,083$123,274▼ $9,809
Prepaid Expenses and Deferred Charges$26,323$65,337▲ $39,014
Total Assets$4,192,843$3,667,699▼ $525,144
Other Assets Total$32,727$135,818▲ $103,091
Liabilities
Accounts Payable and Accrued Expenses$543,901$514,958▼ $28,943
Deferred Revenue$253,263--
Mortgage Notes Payable Secured by Investment Property$506,814$223,849▼ $282,965
Escrow Account Liability$111,785$107,173▼ $4,612
Other Liabilities$49,395$73,644▲ $24,249
Total Liabilities$1,465,158$919,624▼ $545,534
Net Assets / Fund Balance
Unrestricted Net Assets$1,238,427$1,608,358▲ $369,931
Temporarily Rstr Net Assets$1,489,258$1,139,717▼ $349,541
Total Net Assets Fund Balance$2,727,685$2,748,075▲ $20,390
Total Liabilities and Net Assets / Fund Balance$4,192,843$3,667,699▼ $525,144

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$323,096$193,936$517,032
Buildings$43,959$336,943$380,902
Land$95,225-$95,225
Other Land Buildings$2,488$91,412$93,900
Equipment$1,081$72,358$73,439
Compensation and Service Providers
Top Officer Pay60th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jean-Michel GiraudPresident and CEOFT$191,558$14,654$206,212
Dan FishkinVice-PresidentFT$138,008$8,981$146,989

Board Members and Trustees

NameTitle
Mitchell G FultonChair
Monte MonashVice-Chair
Ainsley MacLeanDirector
Ann MichelDirector
Anne MillarDirector
Anne MorrisonDirector
Betty BoyleDirector
Chuck HerrickDirector
David CohenDirector
David DirksDirector
David E DeSantisDirector
Elaine JoostDirector
Eugene TillmanDirector
Garret SernDirector
George ForbesDirector
Harold SimsDirector
Joel FischmanDirector
Kate BelinskiDirector
Lynne TagDirector
Marjorie Dick StuartDirector
Matt SimeonDirector
Maura PolicelliDirector
Michael DurstDirector
Michele Salters WilliamsDirector
Nan RomanDirector
Nichole Francis ReynoldsDirector
Rosalie BerkDirector
Sally CraigDirector
Shehnaz SpencerDirector
Shelley GilbertDirector
Sue Ellen CliffordDirector
Suzanne WalkerDirector
Ted HirtDirector
Bruce GrimesSecretary
Rodney HillSecretary
John ForlinesTreasurer
Scott KragieTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,711,500
Program Service Revenue
$7,345,175
Investment Income
$11,963
Other Revenue
$9,692
All Other Contributions
$3,661,448
Change in Net Assets
$20,390

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded12$65,506Fair Market Value (FMV)
Total Noncash Contributions12$65,506-

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,078,330
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$11,078,330
Total Revenue per Form 990
$11,078,330
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,509,340
Other Expenses$4,548,600
Total Fundraising Expense$837,352
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,992,839$639,387$424,987$5,057,213
Other Employee Benefits$437,825$72,867$32,151$542,843
Occupancy$393,140$74,851$51,776$519,767
Payroll Taxes$341,532$47,887$36,062$425,481
Office Expenses$239,853$48,483$104,247$392,583
Fees for Services Other$150,958$135,456$104,409$390,823
Current Officers, Directors, Trustees, and Key Employees$290,409$46,504$30,910$367,823
Travel$206,539$38,370$4,563$249,472
Pension Plan Contributions$81,401$22,306$12,273$115,980
Conferences and Meetings$20,490$12,010$29,122$61,622
Depreciation Depletion$40,828$12,588-$53,416
Insurance-$48,387-$48,387
Fees for Services Accounting$20$30,900-$30,920
Interest$12,937$678-$13,615
Other Expenses$1,450$673$6,852$2,123
Total Functional Expenses$8,982,862$1,237,726$837,352$11,057,940

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$11,057,940
Total Expenses per Audited Statements$11,057,940
Total Expenses per Form 990$11,057,940
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
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred rent$59,229
Capital lease obligation$14,415
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
Yes
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 990 is sent to the full Board each year for review prior to being signed by the Executive Director and filed with the IRS.”

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

“The organization requests all Board members to update the signed conflict of interest policy at the annual meeting and all new members are given one to sign.”

Form 990, Part VI, Section B, line 15

“The organization's Board has a standing compensation committee that is charged with determining the compensation of the President and the Senior Financial Officer each year. The President's compensation was reviewed in September - October 2017, when the Compensation Committee reviewed the PNP (Professionals for Non Profits) group study, "2016-2017 Nonprofit Salaries, Staffing & Trends Survey Findings for Greater Washington, DC Area," for leaders of organizations with operating budgets of $5.1 million to $10 million a year. The Committee also reviewed Form 990's for similar organizations.”

Form 990, Part VI, Section C, line 19

“The organization makes its documents available for public inspection upon written request.”

Filing and Contact Details

Filer

Filer Name
Friendship Place
EIN
52-1925494
Phone
2023641419
Address
4713 Wisconsin Ave NW, Washington, DC 20016

Signing Officer

Name
Jean-Michel Giraud
Title
President and CEO
Phone
2023641419
Signed
2019-06-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jean-Michel Giraud
Formed
1995
Legal Domicile
Dc
Voting Board Members
22
Independent Board Members
22
Employees
168
Volunteers
400

Preparer

Firm
Rogers & Company PLLC
Address
8300 Boone Boulevard Suite 600, Vienna, VA 22182
Preparer
Jie Chen CPA
Phone
7038930300
Supplemental Narrative

Financial Statement Notes

Part IV, Line 2B:

“These are amounts held as deposits for the occupants of the Irving Street apartments.”

Part X, Line 2:

“Friendship Place is exempt from payment of taxes on income other than net unrelated business income under Section 501(c)(3) of the IRC. For the years ended September 30, 2018 and 2017, there was no unrelated business income and, accordingly, no federal or state income taxes have been recorded. Contributions to Friendship Place are deductible as provided in IRC Section 170(b)(1)(A)(vi). Management has evaluated Friendship Place's tax positions and concluded that the financial statements do not include any uncertain tax positions.”

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IRS990/Form990PartVIISectionAGrp/PersonNm0Mitchell G Fulton
IRS990/Form990PartVIISectionAGrp/PersonNm1Monte Monash
IRS990/Form990PartVIISectionAGrp/PersonNm2John Forlines
IRS990/Form990PartVIISectionAGrp/PersonNm3Bruce Grimes
IRS990/Form990PartVIISectionAGrp/PersonNm4Nichole Francis Reynolds
IRS990/Form990PartVIISectionAGrp/PersonNm5George Forbes
IRS990/Form990PartVIISectionAGrp/PersonNm6Michael Durst
IRS990/Form990PartVIISectionAGrp/PersonNm7Joel Fischman
IRS990/Form990PartVIISectionAGrp/PersonNm8David E DeSantis
IRS990/Form990PartVIISectionAGrp/PersonNm9Sally Craig
IRS990/Form990PartVIISectionAGrp/PersonNm10David Cohen
IRS990/Form990PartVIISectionAGrp/PersonNm11Ainsley MacLean
IRS990/Form990PartVIISectionAGrp/PersonNm12Sue Ellen Clifford
IRS990/Form990PartVIISectionAGrp/PersonNm13Betty Boyle
IRS990/Form990PartVIISectionAGrp/PersonNm14Kate Belinski
IRS990/Form990PartVIISectionAGrp/PersonNm15Rosalie Berk
IRS990/Form990PartVIISectionAGrp/PersonNm16Rodney Hill
IRS990/Form990PartVIISectionAGrp/PersonNm17Shelley Gilbert
IRS990/Form990PartVIISectionAGrp/PersonNm18Chuck Herrick
IRS990/Form990PartVIISectionAGrp/PersonNm19Ted Hirt
IRS990/Form990PartVIISectionAGrp/PersonNm20Elaine Joost
IRS990/Form990PartVIISectionAGrp/PersonNm21Scott Kragie
IRS990/Form990PartVIISectionAGrp/PersonNm22Ann Michel
IRS990/Form990PartVIISectionAGrp/PersonNm23Anne Millar
IRS990/Form990PartVIISectionAGrp/PersonNm24Anne Morrison
IRS990/Form990PartVIISectionAGrp/PersonNm25Nan Roman
IRS990/Form990PartVIISectionAGrp/PersonNm26Garret Sern
IRS990/Form990PartVIISectionAGrp/PersonNm27Matt Simeon
IRS990/Form990PartVIISectionAGrp/PersonNm28Harold Sims
IRS990/Form990PartVIISectionAGrp/PersonNm29Shehnaz Spencer
IRS990/Form990PartVIISectionAGrp/PersonNm30Marjorie Dick Stuart
IRS990/Form990PartVIISectionAGrp/PersonNm31Lynne Tag
IRS990/Form990PartVIISectionAGrp/PersonNm32Eugene Tillman
IRS990/Form990PartVIISectionAGrp/PersonNm33Suzanne Walker
IRS990/Form990PartVIISectionAGrp/PersonNm34David Dirks
IRS990/Form990PartVIISectionAGrp/PersonNm35Maura Policelli
IRS990/Form990PartVIISectionAGrp/PersonNm36Michele Salters Williams
IRS990/Form990PartVIISectionAGrp/PersonNm37Dan Fishkin
IRS990/Form990PartVIISectionAGrp/PersonNm38Jean-Michel Giraud
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice-Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20Director
IRS990/Form990PartVIISectionAGrp/TitleTxt21Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt22Director
IRS990/Form990PartVIISectionAGrp/TitleTxt23Director
IRS990/Form990PartVIISectionAGrp/TitleTxt24Director
IRS990/Form990PartVIISectionAGrp/TitleTxt25Director
IRS990/Form990PartVIISectionAGrp/TitleTxt26Director
IRS990/Form990PartVIISectionAGrp/TitleTxt27Director
IRS990/Form990PartVIISectionAGrp/TitleTxt28Director
IRS990/Form990PartVIISectionAGrp/TitleTxt29Director
IRS990/Form990PartVIISectionAGrp/TitleTxt30Director
IRS990/Form990PartVIISectionAGrp/TitleTxt31Director
IRS990/Form990PartVIISectionAGrp/TitleTxt32Director
IRS990/Form990PartVIISectionAGrp/TitleTxt33Director
IRS990/Form990PartVIISectionAGrp/TitleTxt34Director
IRS990/Form990PartVIISectionAGrp/TitleTxt35Director
IRS990/Form990PartVIISectionAGrp/TitleTxt36Director
IRS990/Form990PartVIISectionAGrp/TitleTxt37Vice-President
IRS990/Form990PartVIISectionAGrp/TitleTxt38President and CEO
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IRS990/GrantsToOrganizationsInd00
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Document Assets

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,667,699
Liabilities
$919,624
Net assets
$2,748,075
Revenue
$11,078,330
Expenses
$11,057,940
Net income
$20,390
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$10.6$2.23$8.36$23.9$23.0$0.90
2023Detailed filing. Detailed filing data is available for this year.$10.0$2.68$7.36$20.7$21.6$0.89
2022Detailed filing. Detailed filing data is available for this year.$9.18$0.96$8.22$17.7$17.7$0.00
2021Detailed filing. Detailed filing data is available for this year.$9.47$1.24$8.23$20.8$16.8$4.00
2020Detailed filing. Detailed filing data is available for this year.$5.85$1.62$4.23$14.5$13.0$1.50
2019Detailed filing. Detailed filing data is available for this year.$3.90$1.17$2.73$10.2$10.2$0.02
2018Detailed filing. Detailed filing data is available for this year.$3.67$0.92$2.75$11.1$11.1$0.02
2017Detailed filing. Detailed filing data is available for this year.$4.19$1.47$2.73$11.9$11.0$0.93
2016Detailed filing. Detailed filing data is available for this year.$3.76$1.96$1.80$10.2$9.86$0.36
2015Detailed filing. Detailed filing data is available for this year.$2.60$1.16$1.44$8.05$7.99$0.06
2014Detailed filing. Detailed filing data is available for this year.$2.10$0.72$1.38$5.71$5.67$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.89$0.55$1.34$4.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.69$0.49$1.20$2.96
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.64$0.47$1.16$2.75