FRIENDSHIP SHELTER INC

EIN: 330219404 501(c)(3) Housing & Shelter

LAGUNA BEACH, CA

Total Revenue
$12,819,178
Total Expenses
$10,331,696
Total Assets
$8,707,109
Net Assets
$4,247,125
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
CA
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.

Program Service Accomplishments

Program 1
Expenses: $7,068,847 Revenue: $202,884

HOUSING: FRIENDSHIP SHELTER'S HOUSING PROGRAM IS ITS NEWEST AND FASTEST GROWING PROGRAM, AND IS INTENDED FOR CLIENTS WHO ARE CHRONICALLY HOMELESS WITH A PHYSICAL OR MENTAL HEALTH CONDITION. THIS...

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HOUSING: FRIENDSHIP SHELTER'S HOUSING PROGRAM IS ITS NEWEST AND FASTEST GROWING PROGRAM, AND IS INTENDED FOR CLIENTS WHO ARE CHRONICALLY HOMELESS WITH A PHYSICAL OR MENTAL HEALTH CONDITION. THIS PROGRAM FOLLOWS THE HOUSING FIRST APPROACH WITH CLIENTS HOUSED IN SCATTERED-SITE AND DESIGNATED-SITE APARTMENTS. ALL CLIENTS HAVE ACCESS TO ONGOING SUPPORTIVE SERVICES FROM FRIENDSHIP SHELTER STAFF TO ENSURE THEY REMAIN SAFELY AND STABLY HOUSED. THERE ARE CURRENTLY 190 FORMERLY HOMELESS INDIVIDUALS IN OUR HOUSING PROGRAM THROUGHOUT SOUTH ORANGE COUNTY.

Program 2
Expenses: $1,624,788 Revenue: $216,000

SHELTER: LOCATED ON SOUTH COAST HIGHWAY IN LAGUNA BEACH, THE BRIDGE HOUSING PROGRAM WORKS WITH HOMELESS ADULTS TO SECURE HOUSING AND EMPLOYMENT OR OTHER INCOME. AT THIS HOUSING FOCUSED SHELTER, ALL...

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SHELTER: LOCATED ON SOUTH COAST HIGHWAY IN LAGUNA BEACH, THE BRIDGE HOUSING PROGRAM WORKS WITH HOMELESS ADULTS TO SECURE HOUSING AND EMPLOYMENT OR OTHER INCOME. AT THIS HOUSING FOCUSED SHELTER, ALL CLIENTS RECEIVE MEALS AND AN ARRAY OF SUPPORT SERVICES. WE EMPHASIZE ONGOING CASE MANAGEMENT AND SUPPORT CLIENTS THROUGH A MULTILAYERED APPROACH WITH THE GOAL OF SECURING PERMANENT HOUSING, INCOME, AND INCREASED SELF-SUFFICIENCY. ADDITIONALLY, WE PROVIDE ASSISTANCE FOR HOMELESS INDIVIDUALS WHO HAVE OBTAINED A HOUSING VOUCHER FROM THE COUNTY OF ORANGE. AND, LOCATED ON LAGUNA CANYON ROAD NEAR THE ENTRANCE TO LAGUNA BEACH, FRIENDSHIP SHELTER OPERATES THE CITY OF LAGUNA BEACH'S ASL EMERGENCY SHELTER. THERE WE PROVIDE SHELTER, MEALS, SHOWERS, LAUNDRY, AND SUPPORT SERVICES TO CONNECT GUESTS TO HOUSING AND COMMUNITY RESOURCES.

Program 3
Expenses: $427,751

OUTREACH: FRIENDSHIP SHELTER'S OUTREACH PROGRAM STARTED IN 2017 AND HASSINCE GROWN TO INCLUDE A FULL-TIME TEAM AND IS FUNDED BY GENEROUSPRIVATE DONORS AND THE CITY OF LAGUNA BEACH. FRIENDSHIP...

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OUTREACH: FRIENDSHIP SHELTER'S OUTREACH PROGRAM STARTED IN 2017 AND HASSINCE GROWN TO INCLUDE A FULL-TIME TEAM AND IS FUNDED BY GENEROUSPRIVATE DONORS AND THE CITY OF LAGUNA BEACH. FRIENDSHIP SHELTEROUTREACH WORKERS QUITE LITERALLY MEET PEOPLE WHERE THEY ARE, EITHER ATTHE BEACH, ON THE STREET, OR SOMEWHERE IN BETWEEN. OUR GOAL IS TOASSESS EACH PERSON WE MEET AND CONNECT THEM TO WHAT THEY NEED: SHELTER,PHYSICAL AND MENTAL HEALTH CARE, SOCIAL SERVICES, AND WHENEVERPOSSIBLE, APPROPRIATE PERMANENT HOUSING.

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

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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
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Governance

Voting Members
18
Independent Members
18
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
6
$259,577
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
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
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