Friendship Place

Nonprofit profile at a glance

EIN
521925494
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Washington, DC, USA
Phone
2023641419
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Homeless Shelters

Official website

Reported finances

Revenue
$24,331,754
Expenses
$24,498,556
Assets
$10,586,474
Liabilities
$2,372,509

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

39 people listed

Executive titles in this filing

  • Jean-Michel Giraud (President/CEO)
  • Chris Rutledge (Vice President - External Affairs)
  • Shauna Figueroa (Vice President - Housing Services)
  • Jean-Louis Ikambana (Vice President - Corporate Affairs)
  • Jonathan Whitted (Vice President - Regional Programs)

Highest reported compensation

  • Jean-Michel Giraud (President/CEO): $303,869 total reported compensation
  • Cornelia Kent (VP Admin/CFO): $194,471 total reported compensation
  • Chris Rutledge (Vice President - External Affairs): $184,808 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

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.

What it reported doing in 2024

Outreach ServicesEmployment ServicesAimHire: Empowers homeless and at-risk adults to secure stable employment and housing, through individualized, person-centered, wraparound services. The program addresses the needs of people with significant barriers to employment and housing, such as criminal records, histories of substance abuse or mental illness, spotty work histories, and poor credit and rental records. During the year ended September 30, 2025, 108 people were placed into jobs, with an average starting wage of $20.46 per hour.Welcome CenterStreet Outreach: Friendship Place conducts Street Outreach to men and women experiencing homelessness in upper Northwest DC, with a special focus on the hardest-to-serve those who have been on the streets for an extended period of time, who have mental health and/or substance abuse issues, and who are disconnected from DC's continuum of care. During the year ended September 30, 2025, 71 individuals were served.Drop-in: Through Friendship Place's Welcome Center, visitors can help themselves to a cup of coffee, a meal, and free necessities such as toiletries, Metro passes, undergarments, and rain ponchos. Visitors can also use the phone or a computer or do laundry, receive mail, and meet with a case manager to take steps to rebuild their lives. During the year ended September 30, 2025, 1,021 individuals received service, including 174 who received assistance to successfully obtain vital documents.Free Clinic: Anyone who comes through the door of Friendship Place's Welcome Center can get free access to a doctor, nurse, or psychiatrist. There are no insurance or even ID requirements, and same-day appointments are available. Services were scaled during the year due to the availability of practitioners.Access to Housing: Friendship Place's staff can help visitors access housing services anywhere in the District, not just at Friendship Place.Youth ServicesBefore Thirty: Provides individualized, person-centered, and developmentally-informed supportive services and counseling to homeless and at-risk 17- to 29-year-olds. During the year ended September 30, 2025, 113 young people were served. 23 achieved permanent housing, 22 reported progress towards their wellness goals, 45 reported progress towards their employment goals, and 16 reported progress towards their educational goals.Lift & Lift Plus: Provides rental assistance for youth facing housing instability, paired with supportive case management. During the year ended September 30, 2025, 34 Transition Aged Youth (TAY) were served in addition to one (1) head of household over 25 years old with 78% exiting to stable housing, 100% housed within 90 days of intake, and 92% maintaining stable housing.

Operating model

Revenue model
Earned-program. 84% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 74
  • Accountability: 100
  • Sustainability: 29
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 87.7%; rating input score 88
  • Program expense ratio: 86.8%; rating input score 87
  • Fundraising efficiency: $2.76 raised per $1 spent on fundraising; rating input score 10; 10th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -0.7%; rating input score 28; 28th percentile among comparable filings
  • Total-asset coverage ratio: 0.43; rating input score 13; 13th percentile among comparable filings
  • Liabilities to assets ratio: 0.22; rating input score 55; 55th percentile among comparable filings
  • Officer compensation ratio: 5.2%; rating input score 49; 49th percentile among comparable filings

Growth

  • Program expense growth: 11.8% per year; rating input score 100; 77th percentile among comparable filings
  • Revenue growth: 12.8% per year; rating input score 100; 82nd percentile among comparable filings
  • Asset growth: 13.8% per year; rating input score 100; 78th percentile among comparable filings

Details

  • Where the money goes: 87.7% of revenue deployed · 86.8% of spending went to programs
  • Governance: 27 of 27 board members independent · 9 of 9 filing controls reported
  • Programs: 5 filed program accomplishments · $21.3M in reported program spending
  • Leadership: top reported pay $304K · 39 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 4 contractors listed · $1.5M reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Fundraising efficiency scored 10/100.
  • High — Sustainability: Operating margin scored 28/100.
  • High — Sustainability: Total-asset coverage ratio scored 13/100.
  • Moderate — Sustainability: Officer compensation ratio scored 49/100.
  • Review — Sustainability: Liabilities to assets ratio scored 55/100.