Friendship Place

EIN: 521925494 501(c)(3) Housing & Shelter

Washington, DC

Total Revenue
$24,331,754
Total Expenses
$24,498,556
Total Assets
$10,586,474
Net Assets
$8,213,965
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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
DC
Principal Officer
Jean-Michel Giraud
Phone
2023641419
Tax Period
2024-10-01 to 2025-09-30

Friendship Place, founded in 1995, is a mid-sized nonprofit in the Housing & Shelter sector that reported $24.3M in total revenue in fiscal year 2024.

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.

Program Service Accomplishments

Program 1
Expenses: $8,390,256 Revenue: $8,297,136

Veterans ServicesVeterans First: Provides short-term, intensive case management and rental assistance to help homeless veterans and their families get back into housing quickly and to prevent...

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Veterans ServicesVeterans First: Provides short-term, intensive case management and rental assistance to help homeless veterans and their families get back into housing quickly and to prevent homelessness for veteran households at risk of eviction. The program targets extremely low-income households (less than 30% of the Area Median Income) and serves the District of Columbia and eight surrounding counties in Maryland and Virginia. During the year ended September 30, 2025, 4,549 households were served (encompassing 1,012 total family members) through all services; of those who exited the program during the year, 92% graduated to stable permanent housing.

Program 2
Expenses: $6,084,369 Revenue: $7,104,322

Permanent Supportive Housing (PSH)Friendship Place is a leading DC provider of Permanent Supportive Housing (PSH) for highly vulnerable, chronically homeless individuals and families. The PSH...

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Permanent Supportive Housing (PSH)Friendship Place is a leading DC provider of Permanent Supportive Housing (PSH) for highly vulnerable, chronically homeless individuals and families. The PSH programs are based on a low-barrier, Housing First service model and include scattered-site apartments and an apartment building for 40 men. Case managers help participants transition directly from homelessness into housing, and then provide long-term support to address the full range of their needs and empower them to achieve personal goals for recovery, wellness, self-sufficiency, and integration into the community. During the year ended September 30, 2025, 76 PSH families and 72 PSH individuals were newly housed. PSH housing programs ended the fiscal year with a housing retention rate of 93%.

Program 3
Expenses: $4,131,853 Revenue: $4,256,513

Short Term Family FacilityThe short-term family housing facility was opened in April 2020 as part of the District's efforts to end homelessness among families. With the capacity to serve up to 50...

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Short Term Family FacilityThe short-term family housing facility was opened in April 2020 as part of the District's efforts to end homelessness among families. With the capacity to serve up to 50 families at a time, The Brooks is designed to address the needs of resident families with wrap-around supportive services, clinical supports, child programming, and housing-solutions with a goal of moving families from shelter to stable housing within 90 days of entry. During the year ended September 30, 2025, 165 families were served (encompassing 538 total persons), and 88 households exited (53% to stable housing and 62% of families exited in less than 90 days).The Aston, a new Bridge Housing program, officially opened in November 2024 with capacity to serve over 100 individuals at a given time. Between November 2024 and September 30, 2025, 165 individuals were served at The Aston.

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,727,019
Program Service Revenue $20,347,331
Investment Income $254,883
Other Revenue $2,521
TOTAL REVENUE $24,331,754

Expense Breakdown

Grants Paid $0
Salaries & Benefits $14,442,963
Fundraising Expenses $1,349,633
Program Expenses $21,262,470
Other Expenses $10,055,593
TOTAL EXPENSES $24,498,556

Year-over-Year Comparison

2024 2023 Change
Revenue $24,331,754 $23,946,777 +0.0%
Expenses $24,498,556 $23,043,913 +0.1%
Net Income $-166,802 $902,864 -1.2%
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
27
Independent Members
27
Employees
233
Volunteers
323

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
7
$498,340
Total Directors
32
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David Dirks Chair 4.00
Officer Director
$0 $0 $0
Matthew DelNero Vice Chair 4.00
Officer Director
$0 $0 $0
Robert Adler Treasurer 4.00
Officer Director
$0 $0 $0
Tashmia Bryant Secretary 4.00
Officer Director
$0 $0 $0
Michele Williams Chair Emeritus 4.00
Officer Director
$0 $0 $0
Justine Blaney Board Member 2.00
Director
$0 $0 $0
Jamie Butler Board Member 2.00
Director
$0 $0 $0
Helen Charles Board Member 2.00
Director
$0 $0 $0
Henry Davis Board Member 2.00
Director
$0 $0 $0
Anne DeLeon Board Member 2.00
Director
$0 $0 $0
Marilyn Dickenson Board Member 2.00
Director
$0 $0 $0
Rori Knight Durham Board Member 2.00
Director
$0 $0 $0
Susan Feinberg Board Member 2.00
Director
$0 $0 $0
Mikaela Ferrill Board Member 2.00
Director
$0 $0 $0
Deborah Grieser Board Member 2.00
Director
$0 $0 $0
Mandy Warfield Granger Board Member 2.00
Director
$0 $0 $0
Minna Scherlinder Morse Board Member 2.00
Director
$0 $0 $0
Barbara Ormond Board Member 2.00
Director
$0 $0 $0
Susan Price Board Member 2.00
Director
$0 $0 $0
Milad Said Board Member 2.00
Director
$0 $0 $0
Ray Shiu Board Member 2.00
Director
$0 $0 $0
Harold Sims Board Member 2.00
Director
$0 $0 $0
Brenda Small Board Member 2.00
Director
$0 $0 $0
LaToya Thomas Board Member 2.00
Director
$0 $0 $0
Albert Townsend Board Member 2.00
Director
$0 $0 $0
Timothy Underwood Board Member 2.00
Director
$0 $0 $0
Will Yetvin Board Member 2.00
Director
$0 $0 $0
Mitch Fulton Board Member 2.00
Director
$0 $0 $0
Richard Callaghan Board Member 2.00
Director
$0 $0 $0
Ann Michel Board Member 2.00
Director
$0 $0 $0
Maura Policelli Board Member 2.00
Director
$0 $0 $0
Nan Roman Board Member 2.00
Director
$0 $0 $0
Jean-Michel Giraud President/CEO 40.00
Officer
$281,995 $21,874 $303,869
Cornelia Kent VP Admin/CFO 40.00
Officer
$185,078 $9,393 $194,471
Chris Rutledge Vice President - External Affairs 40.00
Highest
$175,808 $9,000 $184,808
Shauna Figueroa Vice President - Housing Services 40.00
Highest
$142,771 $18,521 $161,292
Jean-Louis Ikambana Vice President - Corporate Affairs 40.00
Highest
$133,562 $36,835 $170,397
Chris Koerner Director of Lead Gifts 40.00
Highest
$119,525 $7,047 $126,572
Jonathan Whitted Vice President - Regional Programs 40.00
Highest
$114,911 $24,238 $139,149
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
2025 $24,331,754 $24,498,556 $10,586,474 $-166,802
2024 $23,946,777 $23,043,913 $10,586,639 $902,864
2023 $20,745,776 $21,636,609 $10,041,623 $-890,833
2022 $17,744,686 $17,749,658 $9,181,144 $-4,972
2021 $20,756,314 $16,760,418 $9,467,594 $3,995,896
2020 $14,548,106 $13,044,547 $5,852,824 $1,503,559
2019 $10,221,509 $10,243,173 $3,895,146 $-21,664
2018 $11,078,330 $11,057,940 $3,667,699 $20,390
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