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    <Timestamp>2013-10-10T13:31:21-07:00</Timestamp>
    <TaxPeriodEndDate>2013-06-30</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>BICE &amp; ASSOCIATES CPA'S</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>4515 HARDING ROAD SUITE 103</AddressLine1>
        <City>NASHVILLE</City>
        <State>TN</State>
        <ZIPCode>37205</ZIPCode>
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    </PreparerFirm>
    <ReturnType>990EZ</ReturnType>
    <TaxPeriodBeginDate>2012-07-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>300137302</EIN>
      <Name>
        <BusinessNameLine1>FRIENDSHIP HOMES INC</BusinessNameLine1>
      </Name>
      <NameControl>FRIE</NameControl>
      <Phone>6156422466</Phone>
      <USAddress>
        <AddressLine1>2508 BLAIR BLVD</AddressLine1>
        <City>NASHVILLE</City>
        <State>TN</State>
        <ZIPCode>372124808</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>WALLACE CARTWRIGHT</Name>
      <Title>PRESIDENT</Title>
      <Phone>6156422466</Phone>
      <DateSigned>2013-10-02</DateSigned>
    </Officer>
    <Preparer>
      <Name>RONALD H BICE JR</Name>
    </Preparer>
    <TaxYear>2012</TaxYear>
    <BuildTS>2016-02-25 16:41:14Z</BuildTS>
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      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <ScheduleBNotRequired>X</ScheduleBNotRequired>
      <WebSite>N/A</WebSite>
      <Organization501c3 referenceDocumentId="00000002" referenceDocumentName="IRS990ScheduleA">X</Organization501c3>
      <GrossReceipts>77229</GrossReceipts>
      <InfoInScheduleOPartI>X</InfoInScheduleOPartI>
      <ContributionsGiftsGrantsEtc>0</ContributionsGiftsGrantsEtc>
      <ProgramServiceRevenue>0</ProgramServiceRevenue>
      <MembershipDues>0</MembershipDues>
      <InvestmentIncome>0</InvestmentIncome>
      <CostOtherBasisAndSalesExpenses>0</CostOtherBasisAndSalesExpenses>
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      <LandAndBuildings>
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      <NetAssetsOrFundBalances>
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        <EOY>-81730</EOY>
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      <PrimaryExemptPurpose>TO PROVIDE HOUSING TO DISABLED AND LOW INCOME INDIVIDUALS</PrimaryExemptPurpose>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>THE ORGANIZATION OWNS 6 HOUSES THAT SERVE 24 TO 36 DISABLED, HANDICAPPED AND LOW INCOME INDIVIDUALS.</DescriptionProgramServiceAccom>
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      <TotalProgramServiceExpenses>38335</TotalProgramServiceExpenses>
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        <PersonName>WALLACE CARTWRIGHT</PersonName>
        <Title>PRESIDENT</Title>
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      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>WILLIAM BASS</PersonName>
        <Title>SECRETARY</Title>
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      <ProhibitedTaxShelterTrans>false</ProhibitedTaxShelterTrans>
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        <NamePerson>WALLACE CARTWRIGHT</NamePerson>
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          <AddressLine1>2508 BLAIR BLVD</AddressLine1>
          <City>NASHVILLE</City>
          <State>TN</State>
          <ZIPCode>37212</ZIPCode>
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        <TelephoneNumber>6156422466</TelephoneNumber>
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      <ForeignFinancialAccount>false</ForeignFinancialAccount>
      <ForeignOffice>false</ForeignOffice>
      <MaintainAnyDonorAdvisedFunds>false</MaintainAnyDonorAdvisedFunds>
      <DoesOrgHaveHospital>false</DoesOrgHaveHospital>
      <TanningServicesProvided>false</TanningServicesProvided>
      <RelatedOrgControlledEntity>false</RelatedOrgControlledEntity>
      <TransactionWithControlEntity>false</TransactionWithControlEntity>
      <EngagePoliticalCmpgnActivities>false</EngagePoliticalCmpgnActivities>
      <EngageInLobbyingActivities>false</EngageInLobbyingActivities>
      <OperatingSchool>false</OperatingSchool>
      <TrnsfrsExemptNonCharRelatedOrg>false</TrnsfrsExemptNonCharRelatedOrg>
      <PartVIOfCompOfHighestPaidEmpl>NONE</PartVIOfCompOfHighestPaidEmpl>
      <PartVIAHghstPaidCntrctProfSer>NONE</PartVIAHghstPaidCntrctProfSer>
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      <PublicSupportTotal170>0</PublicSupportTotal170>
      <GrossInvestmentIncome170>
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      <PublicSupportPertcentage170>0</PublicSupportPertcentage170>
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        <CurrentTaxYearMinus3Years>10400</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>9422</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>4414</CurrentTaxYearMinus1Year>
        <Total>41612</Total>
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      <GrossReceiptsFromAdmissions>
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        <CurrentTaxYearMinus3Years>40533</CurrentTaxYearMinus3Years>
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        <CurrentTaxYear>77229</CurrentTaxYear>
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      <InvestmentIncomePercentage>0</InvestmentIncomePercentage>
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      <ThirtyThreePercntTestsCY509>X</ThirtyThreePercntTestsCY509>
      <FactsAndCircumstancesTest>OTHER ADDL INFO: PART III, LINE 12- OTHER INCOME- GAIN ON SALE OF RESIDENCE; $38,894;</FactsAndCircumstancesTest>
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        <NamePerson>WALLACE CARTWRIGHT</NamePerson>
        <RelationshipWithOrganization>OFFICER</RelationshipWithOrganization>
        <PurposeOfLoan>WORKING CAPITAL</PurposeOfLoan>
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        <OriginalPrincipalAmount>63697</OriginalPrincipalAmount>
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        <WrittenAgreement>true</WrittenAgreement>
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        <NamePerson>WILLIAM BASS</NamePerson>
        <RelationshipWithOrganization>OFFICER</RelationshipWithOrganization>
        <PurposeOfLoan>WORKING CAPITALE</PurposeOfLoan>
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        <BalanceDue>63507</BalanceDue>
        <Default>false</Default>
        <ApprovedByBoard>true</ApprovedByBoard>
        <WrittenAgreement>true</WrittenAgreement>
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      <TotalBalanceDue>127204</TotalBalanceDue>
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      <GeneralExplanation>
        <Identifier>Pt V, Line 35b</Identifier>
        <Explanation>ALL INCOME WAS DERIVED FROM ORGANIZATIONS CHARITABLE PURPOSE.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990EZ, Part I, Line 8</Identifier>
        <Explanation>SEE SCHEDULE O 77229.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990EZ, Part I, Line 16</Identifier>
        <Explanation>SEE SCHEDULE O 44569.</Explanation>
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