FRIENDSHIP SHELTER INC (EIN 330219404) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1987

Legal Domicile

Principal Officer

DAWN PRICE

Phone

9494946928

Tax Period

2023-01-01 to 2023-12-31

FRIENDSHIP SHELTER INC, founded in 1987, is a mid-sized nonprofit in the Housing & Shelter sector that reported $12.8M in total revenue in fiscal year 2023. Revenue surged 39% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.5M, a strong 19% operating margin.

Mission

FRIENDSHIP SHELTER HELPS HOMELESS ADULTS ACHIEVE SELF-SUFFICIENCY AND BECOME MORE PRODUCTIVE MEMBERS OF THE COMMUNITY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $12,359,917

Program Service Revenue $418,884

Investment Income $42,488

Other Revenue $-2,111

TOTAL REVENUE $12,819,178

Expense Breakdown

Grants Paid $742,015

Salaries & Benefits $5,856,037

Fundraising Expenses $269,130

Program Expenses $9,121,386

Other Expenses $3,733,644

TOTAL EXPENSES $10,331,696

Year-over-Year Comparison

	2023	2022	Change
Revenue	$12,819,178	$9,204,937	+0.4%
Expenses	$10,331,696	$9,513,813	+0.1%
Net Income	$2,487,482	$-308,876	-9.1%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

156

Volunteers

820

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$259,577

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WENDY AIRD	PRESIDENT	1.00	Officer Director	$0	$0	$0
MICHAEL GAMERL	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
THOMAS SALINGER	SECRETARY	1.00	Officer Director	$0	$0	$0
DOUG ANDERSON	TREASURER	1.00	Officer Director	$0	$0	$0
DR GARY JENKINS	DIRECTOR	1.00	Director	$0	$0	$0
KETTA BROWN	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTY CORNWALL	DIRECTOR	1.00	Director	$0	$0	$0
MARK DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
CAMERON JALBERT	DIRECTOR	1.00	Director	$0	$0	$0
VINCE JENKINS	DIRECTOR	1.00	Director	$0	$0	$0
BARBARA MCMURRAY	DIRECTOR	1.00	Director	$0	$0	$0
EDSON MCCLELLAN	DIRECTOR	1.00	Director	$0	$0	$0
SHARON SOBEL	DIRECTOR	1.00	Director	$0	$0	$0
MARISA ROBBINS	DIRECTOR	1.00	Director	$0	$0	$0
ANDREA SHELLY	DIRECTOR	1.00	Director	$0	$0	$0
CINDY SHOPOFF	DIRECTOR	1.00	Director	$0	$0	$0
LEA STONE	DIRECTOR	1.00	Director	$0	$0	$0
JOSH WOLFF	DIRECTOR	1.00	Director	$0	$0	$0
DAWN PRICE	EXECUTIVE DIRECTOR	40.00	Officer	$134,732	$0	$134,732
RICK SCOTT	CHIEF OPERATING OFFICER	40.00	Officer	$114,403	$10,442	$124,845

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$12,819,178	$10,331,696	$8,707,109	$2,487,482
2022	$9,204,937	$9,513,813	$5,583,839	$-308,876
2021	$9,794,943	$8,718,516	$4,524,422	$1,076,427
2020	$6,364,049	$6,601,605	$3,520,070	$-237,556
2019	$5,180,005	$5,122,545	$3,882,245	$57,460
2018	$4,442,760	$4,411,600	$3,557,790	$31,160

FRIENDSHIP SHELTER INC