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 Vulnerability Assessment (Tuckman-Chang)

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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.

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Trantor Score

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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Liquidity & Cash Position

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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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