Housing & Shelter
(L20)
IRS Verified
DX Registered
990 on File
MAPLEWOOD HOUSING FOR THE VISUALLY IMPAIRED
Financial strength (30%)
95/100
Reliability (20%)
55/100
Effectiveness (25%)
100/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
Mission Statement
The mission of Friedman Place is to provide housing and supportive services to adults who are blind or visually impaired. Friedman Place emphasizes resident self-determination, independence, and interaction within the community. Friedman Place strives to be a primary force among professional organizations serving adults with visual disabilities.
Financial Overview — FY 2025
$5.7M
Total Revenue
$5.5M
Total Expenses
$7.1M
Net Assets
73
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
81.1%
Fundraising Efficiency
N/A
Operating Reserve
15.54x
Liability-to-Asset
4.1%
Revenue Diversification
85.2%
Executive Compensation
$289K
Compared with Peers
FY 2025
Compared with 1,101 similar organizations
(United States, Housing & Shelter, $1M–$10M in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
81.1% | 86.6% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
12.9% | 10.4% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
6.0% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
15.5 mo | 13.6 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
4.1% | 30.2% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
85.2% | 88.1% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
14.0% | 6.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
4.4% | 5.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
4.2% | 4.4% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $5.7M | $5.5M | $7.1M | 81.1% | 73 |
| 2024 | $5.0M | $5.2M | $6.5M | 80.9% | 85 |
| 2023 | $5.7M | $5.2M | $6.2M | 80.9% | 86 |
| 2022 | $5.4M | $4.9M | $5.4M | 80.5% | 81 |
| 2021 | $5.6M | $4.1M | N/A | — | 84 |
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