Civic Intelligence

Friendship Place

990 • Fiscal year 2021 • EIN 52-1925494

Oct 01, 2020 to Sep 30, 2021 • Filed on May 04, 2022

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

45th percentile

0.13x

Higher debt load relative to assets than 45% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

22nd percentile

0.06x

Higher debt load relative to revenue than 22% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

63rd percentile

19%

Higher net margin than 63% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

67th percentile

$227,536

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

92nd percentile

62%

Faster asset growth than 92% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

76th percentile

43%

Faster revenue growth than 76% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets45th percentile

Assets

Up

$9,467,594

Up $3,614,770 (+62%) from 2020

Net Assets

Up

$8,225,866

Up $3,995,896 (+94%) from 2020

Liabilities

Down

$1,241,728

Down $381,126 (-23%) from 2020

Revenue And Expenses
Liabilities / Revenue22nd percentileNet Margin63rd percentile

Revenue

Up

$20,756,314

Up $6,208,208 (+43%) from 2020

Expenses

Up

$16,760,418

Up $3,715,871 (+28%) from 2020

Net Income

Up

$3,995,896

Up $2,492,337 (+166%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth92nd 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

2021

Assets$9,467,594
Liabilities$1,241,728
Net Assets$8,225,866
Open 2021 Filing

Operations Trend

Revenue Growth76th 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

2021

Revenue$20,756,314
Expenses$16,760,418
Net Income$3,995,896
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
May 4, 2022
Return Version
2020v4.2
Gross Receipts
$20,756,314
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. 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 3,468 and 3,432 people in the years ended September 30, 2021 and 2020, 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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$3,017,647$6,090,088▲ $3,072,441
Pledges and Grants Receivable$1,516,856$1,672,975▲ $156,119
Cash and Non-Interest-Bearing Accounts$754,839$1,119,699▲ $364,860
Land, Buildings, and Equipment, Net$363,547$404,275▲ $40,728
Prepaid Expenses and Deferred Charges$86,155$116,387▲ $30,232
Inventories for Sale or Use-$27,200-
Intangible Assets-$12,473-
Accounts Receivable$80,339$530▼ $79,809
Total Assets$5,852,824$9,467,594▲ $3,614,770
Other Assets Total$33,441$23,967▼ $9,474
Liabilities
Accounts Payable and Accrued Expenses$760,210$884,162▲ $123,952
Unsecured Notes Loans Payable$466,207--
Other Liabilities$66,515$226,557▲ $160,042
Mortgage Notes Payable Secured by Investment Property$210,589--
Escrow Account Liability$119,333$131,009▲ $11,676
Total Liabilities$1,622,854$1,241,728▼ $381,126
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,248,744$6,368,477▲ $3,119,733
Net Assets With Donor Restrictions$981,226$1,857,389▲ $876,163
Total Net Assets Fund Balance$4,229,970$8,225,866▲ $3,995,896
Total Liabilities and Net Assets / Fund Balance$5,852,824$9,467,594▲ $3,614,770

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$225,313$249,688$475,001
Buildings$14,658$366,244$380,902
Other Land Buildings$69,079$63,236$132,315
Land$95,225-$95,225
Equipment$0$45,311$45,311
Compensation and Service Providers
Top Officer Pay67th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jean-Michel GiraudPresident and CEOFT$204,128$23,408$227,536
Daniel FishkinVP, Administration & FinanceFT$144,900$14,326$159,226
Christopher RutledgeChief Development OfficerFT$140,282$7,297$147,579
Keri ThomasChief Clinical Services OfficerFT$102,844$13,333$116,177
Catherine MitchellChief Program Officer - The Brooks - Short-Term FaFT$103,824$9,925$113,749
Sean ReadChief Program Officer - Community SolutionsFT$103,036$10,382$113,418
Christine KoernerDirector of Lead GiftsFT$103,564$5,400$108,964

Board Members and Trustees

NameTitle
Mitchell FultonChair
Michele Salters WilliamsVice Chair
Ann MichelDirector
Anne MorrisonDirector
Brenda SmallDirector
Clarissa PetersonDirector
David DirksDirector
Debra Fried LevinDirector
Ellen CliffordDirector
Eugene TillmanDirector
Garret SernDirector
Harold SimsDirector
Helen CharlesDirector
Jamie ButlerDirector
Joel FischmanDirector
Lynn SachsDirector
Marilyn DickensonDirector
Maura PolicelliDirector
Nan RomanDirector
Ray ShiuDirector
Shelly GilbertDirector
Waldon AdamsDirector
Bruce GrimesSecretary
John ForlinesTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
BolanaCleaning Services at the Brooks4922 Nannie Helen Burroughs Ave SE, Washington, DC 20019$244,105
Watkins Security AgencySecurity Services at the Brooks3939 Benning Road NE, Washington, DC 20019$227,068
Henry's Soul CafeFood service at the Brooks2125 Alabama Ave SE, Washington, DC 20020$219,938
Corbett ConstructionRenovation work at Welcome Center2810 Dorr Avenue, Fairfax, VA 22031$103,190
Revenue and Support

Revenue Composition

Contributions and Grants
$5,783,724
Program Service Revenue
$14,913,584
Investment Income
$14,946
Other Revenue
$44,060
All Other Contributions
$5,306,673
Change in Net Assets
$3,995,896

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 Traded11$2,575,198Fair Market Value (FMV)
Other Non Cash Contri Table3$27,000-
Other Non Cash Contri Table1$200-
Total Noncash Contributions15$2,602,398-

Audited Revenue Reconciliation

Revenue per Audited Statements
$20,756,314
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$20,756,314
Total Revenue per Form 990
$20,756,314
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$9,465,981
Other Expenses$7,294,437
Total Fundraising Expense$828,159
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$6,130,509$907,135$460,455$7,498,099
Fees for Services Other$1,016,552$148,105$105,456$1,270,113
Other Employee Benefits$631,839$85,074$33,817$750,730
Payroll Taxes$568,355$81,160$41,578$691,093
Occupancy$535,401$96,621$7,118$639,140
Office Expenses$322,185$73,882$111,797$507,864
Current Officers, Directors, Trustees, and Key Employees$319,165$48,341$24,985$392,491
Pension Plan Contributions$95,240$22,873$15,455$133,568
Insurance-$73,494-$73,494
Fees for Services Accounting-$39,946-$39,946
Depreciation Depletion$1,303$28,351-$29,654
Conferences and Meetings$5,434$1,385$19,835$26,654
Travel$12,777$285$3,031$16,093
Other Expenses$747$2,476$4,333$7,556
Interest$968--$968
Total Functional Expenses$14,307,777$1,624,482$828,159$16,760,418

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$16,760,418
Total Expenses per Audited Statements$16,760,418
Total Expenses per Form 990$16,760,418
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
Refundable advances$205,193
Deferred rent$21,364
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 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
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 President/CEO 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 2019, when the Compensation Committee reviewed the officer salary history, the Guidestar Manual for Determining Executive Compensation, and executive compensations 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
2022-05-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jean-Michel Giraud
Formed
1995
Legal Domicile
Dc
Voting Board Members
24
Independent Board Members
24
Employees
168
Volunteers
247

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, 2021 and 2020, 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 Fulton
IRS990/Form990PartVIISectionAGrp/PersonNm1Michele Salters Williams
IRS990/Form990PartVIISectionAGrp/PersonNm2John Forlines
IRS990/Form990PartVIISectionAGrp/PersonNm3Bruce Grimes
IRS990/Form990PartVIISectionAGrp/PersonNm4Ann Michel
IRS990/Form990PartVIISectionAGrp/PersonNm5Jamie Butler
IRS990/Form990PartVIISectionAGrp/PersonNm6Helen Charles
IRS990/Form990PartVIISectionAGrp/PersonNm7Clarissa Peterson
IRS990/Form990PartVIISectionAGrp/PersonNm8Maura Policelli
IRS990/Form990PartVIISectionAGrp/PersonNm9Marilyn Dickenson
IRS990/Form990PartVIISectionAGrp/PersonNm10David Dirks
IRS990/Form990PartVIISectionAGrp/PersonNm11Joel Fischman
IRS990/Form990PartVIISectionAGrp/PersonNm12Debra Fried Levin
IRS990/Form990PartVIISectionAGrp/PersonNm13Anne Morrison
IRS990/Form990PartVIISectionAGrp/PersonNm14Nan Roman
IRS990/Form990PartVIISectionAGrp/PersonNm15Lynn Sachs
IRS990/Form990PartVIISectionAGrp/PersonNm16Waldon Adams
IRS990/Form990PartVIISectionAGrp/PersonNm17Ray Shiu
IRS990/Form990PartVIISectionAGrp/PersonNm18Ellen Clifford
IRS990/Form990PartVIISectionAGrp/PersonNm19Brenda Small
IRS990/Form990PartVIISectionAGrp/PersonNm20Shelly Gilbert
IRS990/Form990PartVIISectionAGrp/PersonNm21Eugene Tillman
IRS990/Form990PartVIISectionAGrp/PersonNm22Garret Sern
IRS990/Form990PartVIISectionAGrp/PersonNm23Harold Sims
IRS990/Form990PartVIISectionAGrp/PersonNm24Jean-Michel Giraud
IRS990/Form990PartVIISectionAGrp/PersonNm25Daniel Fishkin
IRS990/Form990PartVIISectionAGrp/PersonNm26Catherine Mitchell
IRS990/Form990PartVIISectionAGrp/PersonNm27Christine Koerner
IRS990/Form990PartVIISectionAGrp/PersonNm28Keri Thomas
IRS990/Form990PartVIISectionAGrp/PersonNm29Sean Read
IRS990/Form990PartVIISectionAGrp/PersonNm30Christopher Rutledge
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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/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20Director
IRS990/Form990PartVIISectionAGrp/TitleTxt21Director
IRS990/Form990PartVIISectionAGrp/TitleTxt22Director
IRS990/Form990PartVIISectionAGrp/TitleTxt23Director
IRS990/Form990PartVIISectionAGrp/TitleTxt24President and CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt25VP, Administration & Finance
IRS990/Form990PartVIISectionAGrp/TitleTxt26Chief Program Officer - The Brooks - Short-Term Fa
IRS990/Form990PartVIISectionAGrp/TitleTxt27Director of Lead Gifts
IRS990/Form990PartVIISectionAGrp/TitleTxt28Chief Clinical Services Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt29Chief Program Officer - Community Solutions
IRS990/Form990PartVIISectionAGrp/TitleTxt30Chief Development Officer
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IRS990/MissionDesc0Friendship 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 3,468 and 3,432 people in the years ended September 30, 2021 and 2020, 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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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IRS990/OccupancyGrp/ManagementAndGeneralAmt096621
IRS990/OccupancyGrp/ProgramServicesAmt0535401
IRS990/OccupancyGrp/TotalAmt0639140
IRS990/OfficeExpensesGrp/FundraisingAmt0111797
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt073882

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$9,467,594
Liabilities
$1,241,728
Net assets
$8,225,866
Revenue
$20,756,314
Expenses
$16,760,418
Net income
$3,995,896
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