Friendship Plaza I Inc is a 501(c)(3) organization based in Marion, Ohio, registered in 1999, with $345,396 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$345K
▲ 16.7% vs prior year
Housing median: $408K
Expenses (FY2024)
$329K
Net assets
-$1.5M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Friendship Plaza I Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Friendship Plaza I Inc: 0 mo reserves · +5% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Friendship Plaza I Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Friendship Plaza I Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $248K (FY2013) to $345K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
4.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$949K
Total liabilities
$2.4M
Net assets
-$1.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $345,396▲16.7% | $328,758▼12.7% | -$1,487,786▲1.1% | $949,063▲8.3% | 990 |
| 2023 | $296,095▲4.6% | $376,746▲22.1% | -$1,504,424▼5.7% | $876,049▼1.3% | 990 |
| 2022 | $283,058▲5.8% | $308,580▲2.9% | -$1,423,773▼1.8% | $887,755▼2.4% | 990 |
| 2021 | $267,519▲8.5% | $299,923▼7.0% | -$1,398,251▼2.4% | $909,938▼3.1% | 990 |
| 2020 | $246,512▼0.7% | $322,340▲3.2% | -$1,365,853▼5.9% | $938,938▼7.9% | 990 |
| 2019 | $248,213▼2.3% | $312,360 | -$1,290,025▼5.2% | $1,019,257▼4.7% | 990 |
| 2018 | $253,978▼0.8% | $312,344▲1.3% | -$1,225,878▼5.0% | $1,070,038▼6.1% | 990 |
| 2017 | $256,081▲8.2% | $308,223▼3.7% | -$1,167,512▼4.7% | $1,139,668▼3.3% | 990 |
| 2016 | $236,567▼4.4% | $320,169▲1.5% | -$1,115,370▼8.1% | $1,178,649▼6.5% | 990 |
| 2015 | $247,567▲0.4% | $315,395▼5.0% | -$1,031,768▼7.0% | $1,261,103▼6.0% | 990 |
| 2014 | $246,599▼0.5% | $332,078▲3.0% | -$963,940▼9.7% | $1,341,478▼4.8% | 990 |
| 2013 | $247,893 | $322,560▲0.2% | -$878,461▼9.3% | $1,409,191▼4.9% | 990 |
| 2012 | — | $321,990▲19.0% | -$803,794▼9.6% | $1,482,286▼5.3% | 990 |
| 2011 | — | $270,592▲2.2% | -$733,385▼4.1% | $1,565,387▼1.8% | 990 |
| 2010 | — | $264,866 | -$704,742 | $1,593,620 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Friendship Plaza I Inc (EIN 31-1635371) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.