Friends Association for Children
1004 Saint John Street
Richmond VA 23220
Mission Statement The mission of Friends Association for Children is to help children and their families achieve their potential and become productive citizens.
CEO/Executive Director Mr. J. David Young
Board Chair Scott Schmidt
Board Chair Company Affiliation Capital One
Contact Information
Address 1004 Saint John Street
Richmond, VA 23220
Telephone 804 644-2357
Fax 804 644-0509
History and Background
Year of Incorporation 1871
Financial Summary
Revenue vs Expense Bar Graph - All Years
Expense Breakdown Bar Chart - All Years
Projected Revenue $2,137,362.00
Projected Expenses $2,137,362.00
Mission The mission of Friends Association for Children is to help children and their families achieve their potential and become productive citizens.

GoalsAcheived 2010-2011

  • Over 1,000 children and their families served in licensed child care, pre-school education, school-readiness, health education and music and performing arts programs
  • 90 school-aged children from the Gilpin Neighborhood participated in after school programming with homework help, access to computers, mentoring, tutoring, games, activities such as dance, karate, music, acting, social skills, healthy lifestyle choices
  • Participated with Art 180 and the Visual Arts Center of Richmond to facilitate “A Space Of Her Own” (SOHO), a mentoring and social skills development program for 15 girls, aged 13–15, from the Gilpin Neighborhood
  • Participated with organizations like Smart Beginnings, Bridging Richmond, the Richmond Promise Neighborhood, and the Grade Level Alliance, to help push forward improved access to high quality early childhood development programs for the community

ProposedGoals 2013-2014

  • Maintain high level childcare program quality improvement rating system
  • Participate in SOHO and Camp Diva
  • Continue to prepare children to succeed in school and in life, and surround them and their families with the support they need to become strong
Fund Development
Higher public profile

Friends Association for Children has served the Richmond community for over 140 years. Originally founded to serve children orphaned after the Civil War, FRIENDS has adapted to meet the changing needs of children and families. Today, FRIENDS operates two childcare and family services centers in the Richmond area: one in Jackson Ward, and one in Church Hill.  In addition to its core programs of childcare, youth enrichment and family support services, FRIENDS offers health education, music and performing arts education. These additional services, plus the high quality of its core programs, sets FRIENDS apart from other nonprofit and for-profit organizations. 

CEO Statement
FRIENDS is not just an daycare center, we are a quality early education program.  We have social workers who partner with our classroom staff and with our families to make sure that problems can be addressed quickly and effectively.  This way the whole family has the resources they need to succeed.
Board Chair Statement
FRIENDS' enrollment is the highest it has been in several years.  Our teachers continue to pursue more education and training.  Our feedback from our families and the social services community are very positive.  Our students are solidly hitting their educational benchmarks.  Our main challenge is to build a robust fund development program to support the delivery of superior programming to the greater Richmond area's most economically disadvantaged families.
Areas of Service
Areas Served
Metro Richmond
Chesterfield County
Hanover County
Henrico County
Charles City County
Goochland County
Richmond, City
Board Chair
Board Chair Scott Schmidt
Company Affiliation Capital One
Term Oct 2017 to Sept 2018
Board of Directors
Board Members
James V. Duty CPA, CFPThe Roseline Group, LLC
Michael L. Jones Core Consulting
Stan A. Maupin AccelRVA, LLC
Cherry Peters SunTrust Bank
Scott Schmidt Capital One
Jill T. Williams KPMG, LLC
Board Demographics - Ethnicity
African American/Black 2
Asian American/Pacific Islander 0
Caucasian 6
Hispanic/Latino 0
Native American/American Indian 0
Board Demographics - Gender
Male 6
Female 2
Board Term Lengths 3
Board Term Limits 2
Written Board Selection Criteria? Yes
Written Conflict of Interest Policy? Yes
Percentage Making Monetary Contributions 100
Percentage Making In-Kind Contributions 25
Number of Full Board Meetings Annually 6
Standing Committees
Board Governance
Communications / Promotion / Publicity / Public Relations
Development / Fund Development / Fund Raising / Grant Writing / Major Gifts
Human Resources / Personnel
Program / Program Planning
Other Boards
The tables below contain information about other groups that advise this nonprofit on operations and projects.
FRIENDS is one of the oldest historically black social services organizations in Central Virginia.  We are working to build a strong fund raising board without "gentrifying" the membership, and strive to have a board that is balanced in all ways, including age, race, gender, etc.
Executive Director
Executive Director Mr. J. David Young
Mr. Young joined FRIENDS following a career leading successful United Way Campaigns in Richmond (VA) and Columbus (OH).  He brings over 25 years of non-profit management and leadership experience, including work with the American Heart Assn., Richmond City Schools, Boys & Girls Clubs, Franklin County Employment Services Programs to name a few.
Former CEOs
Mrs. Greta B Peters June 2011 - Sept 2012
John C. Purnell Jr.Apr 1970 - Feb 2011
Senior Staff
Cheryl Assaid Administrative Associate
Bernadette L. Mitchell Director of Accounting Services
Serenia T. Remley Director of Program Operations
Ninette Tompkins
Steven Traverso Director of Development
Full Time Staff 41
Part Time Staff 11
Volunteers 125
Contractors 0
Organization has a Fundraising Plan? Yes
Organization has a Strategic Plan? Under Development
Years Strategic Plan Considers 5
Date Strategic Plan Adopted Oct 2008
Management Succession Plan? No
Organization Policy and Procedures Yes
Nondiscrimination Policy Yes
Whistleblower Policy Yes
Document Destruction Policy Yes
Directors and Officers Insurance Policy Yes
At FRIENDS,  we recognize the strength in partnerships and collaborations.  We work closely with VCU, Smart Beginnings, the public school systems of Richmond & surround counties, Communities in Schools, The Public Library System, EXCELL, ChildSavers and United Way of Greater Richmond & Petersburg.

FRIENDS offers a  curriculum-based, early education and school readiness service for infant, toddler and preschool children.

Description FRIENDS offers after school and summer programs, which help youth, six-to-18, thrive and achieve.
Description FRIENDS provides coordinated child, youth and family services, which help consumers expand their capacity and skill for achievement.
Description FRIENDS offers children and adults creative learning opportunities in music and the performing arts, designed to promote literacy, academic achievement and positive social skills.
Description FRIENDS teaches preschool children the value of good nutrition and health and wellness practices.
Fiscal Year
Projected Revenue $2,137,362.00
Projected Expenses $2,137,362.00
Endowment Value $128,000.00
Spending Policy Income Only
Form 990s
IRS Letter of Exemption
Detailed Financials
Revenue SourcesHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available) and revenue sources may not sum to total based on reconciliation differences. Revenue from foundations and corporations may include individual contributions when not itemized separately.
Fiscal Year201620152014
Foundation and
Corporation Contributions
Government Contributions$342,473$336,635$221,517
Individual Contributions$396,738$179,625$777,671
Investment Income, Net of Losses$573$819--
Membership Dues------
Special Events------
Revenue In-Kind$75,000$75,000$75,000
Expense Allocation
Fiscal Year201620152014
Program Expense$1,719,436$1,681,952$1,622,920
Administration Expense$170,357$198,559$200,649
Fundraising Expense$109,489$151,704$113,627
Payments to Affiliates------
Total Revenue/Total Expenses0.980.991.02
Program Expense/Total Expenses86%83%84%
Fundraising Expense/Contributed Revenue9%12%9%
Assets and Liabilities
Fiscal Year201620152014
Total Assets$2,923,694$3,031,895$3,131,028
Current Assets$574,246$632,802$649,903
Long-Term Liabilities$477,348$510,868$539,973
Current Liabilities$223,862$255,688$299,425
Total Net Assets$2,222,485$2,265,339$2,291,630
Short Term Solvency
Fiscal Year201620152014
Current Ratio: Current Assets/Current Liabilities2.572.472.17
Long Term Solvency
Fiscal Year201620152014
Long-Term Liabilities/Total Assets16%17%17%
Capital Campaign
Currently in a Capital Campaign? Anticipated In 3 Years
Campaign Purpose The Board of Trustees has approved the campaign, the start date is yet to be decided
Capital Campaign Anticipated in Next 5 Years? Yes
State Charitable Solicitaions Permit
Solicitations Permit
Solicitations Permit Application 5/2017View
Foundation Comments
  • Financial information provided from audited financial statements.
  • Audited financial statements represent the consolidated financial position of Friends Association for Children and its affiliates.
  • Revenue from "Foundations and Corporations" also includes support from individuals.