Reston Association EIN 54-6060435 Form 990 (PDF) Claim this org

Reston Association FY2020 filing

Not yet claimed Claim this org →

Maintains and operates community open spaces, pools, courts, and recreational facilities for over 60,000 members. For fiscal year 2020 it reported $19.2M in revenue, $15.9M in expenses, and $34.3M in net assets.Pt I

Founded
1964
Type
Membership association · Nonprofit
Location
Reston, VA
Website
www.reston.org
Filings
6 on file (2019–2020)
Revenue
$19.2MFY2020
Expenses
$15.9M
Net assets
$34.3M
People
16
Filings
6
Updates
0
More identity details & actions ⌄
EIN  54-6060435 Membership association Reston, VA Founded 1964
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
Compare with another nonprofit →
Figures match the IRS filing checked 8/9/26 · see original: IRS
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Reston Association claims this page.

Know this organization? Claim it to add your story

Size
$10–100M
What they do
Maintains and operates community open spaces, pools, courts, and recreational facilities for over 60,000 members.
Leadership
Harry P Lynch · CEO · $237K
Money in and out
$19.2M revenue, $15.9M expenses
Bottom line
+17% operating surplus
Membership & operating revenue · FY2020
Total revenue
$19.2M
Pt VIII · Ln 12
Total expenses
$15.9M
Pt IX · Ln 25
Net assets
$34.3M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $3.2M
Where spending went · Part IX cols B–D
Program services $0.59 Management & general $0.41
Operating surplus
+17%
revenue over expenses
Earned revenue
90%
of revenue from program services & dues
Payroll share
63%
of spending is salaries & benefits

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$19.2M
FY2020▲ +3%
Expenses
$15.9M
FY2020▼ -8%
Total assets
$39.6M
FY2020▲ +11%
Total liabilities
$5.3M
FY2020▲ +21%
Total revenue
$19.2M
Pt VIII · Ln 12
Total expenses
$15.9M
Pt IX · Ln 25
Net assets
$34.3M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$3.2M
Total assetsPt X · Ln 16$39.6M
Program-expense ratioPt IX · col B59%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

2 program services account for $9.4M of program spending, described in the organization's own filed words · FY2020.
01

Successfully operated and managed numerous outdoor recreation facilities and provided improvements to many to increase their use. Implemented new strategies for open space management including aquatic plant management and parcel inspections. Responded to multiple storm events requiring emergency services.

$9.4Mprogram expense
02

Provided a wide variety of age-appropriate recreation programs to increase resident enjoyment of the community as well as provided healthful leisure time activities. Completed renovation plans for an old pool and renovating ball fields for increased resident use.

Pt IX · col B

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CReston Association
EINHdr · item D54-6060435
Principal addressHdr · item CReston, VA
WebsiteHdr · item Jwww.reston.org
Year of formationHdr · item L1964
State of legal domicileHdr · item MVA
Exempt statusHdr · item I501(c)(4) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFNov 1970

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$236,597Pt VII · Sec A
$165,909Pt VII · Sec A
In House Legal Counsel
$142,142Pt VII · Sec A
Dir. of Human Resources
$132,532Pt VII · Sec A
Dir. of Communications
$129,921Pt VII · Sec A
Dir. of Maintenance & Nat Res
$127,217Pt VII · Sec A
Dir. of Recreation & Envir. Ed
$124,111Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020FY2019
Michael Cummins$274,737$240,418
Harry P Lynch$161,250$236,597$188,393
Larry Butler$206,446
Lawrence Butler$180,721$165,909$142,969
Peter Lusk$175,683$78,315
Cameron Adams$168,956$158,594
Anthony Champ$158,785$156,084$136,850$142,142$128,659
Cameron Adams$152,019

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Reston Association executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Program service revenue$17.2M · 90%
Contributions & grants$1.3M · 7%
Investment income$530K · 3%
Program service revenue90%$17.2M
Contributions & grants7%$1.3M
Investment income3%$530K
Other revenue$66K
Total revenueLn 12$19.2M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.59 Management & general $0.41
Program services59%$9.4M
Management & general41%$6.6M
Total functional expensesLn 25$15.9M

Balance Sheet

Part X · end of year
CashLn 1$7.1M
Total assetsLn 16$39.6M
Total liabilitiesLn 26$5.3M
Total net assetsLn 32$34.3M
Months of cash on handcomputed5.4

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $12.7M · Operating expenses/yr $15.9M
9.5 months
Where the money goes
Program services
Program services $9.4M · Total expenses $15.9M
59%
Management & General
Management & general $6.6M · Total expenses $15.9M
41%
Fundraising
Fundraising $0 · Total expenses $15.9M
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $725K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $1.3M · Total revenue $19.2M
7%
Government reliance
Government grants — · Total revenue $19.2M
Earned-income share
Program service revenue $17.2M · Total revenue $19.2M
90%
Investment reliance
Investment income $530K · Total revenue $19.2M
+3%
Program self-sufficiency
Program service revenue $17.2M · Total expenses $15.9M
108%
Growth & trend
Revenue growth (YoY)
This year $19.2M · Prior year $18.5M
+3%
Net-asset trend (YoY)
End of year $34.3M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $19.2M · Expenses $15.9M
+17%
Liabilities-to-Assets
Total liabilities — · Total assets $39.6M
Net-asset ratio
Net assets $34.3M · Total assets $39.6M
87%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $5.5M · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $39.6M
14%
People & payroll
Highest Reported Total Compensation
Individual Harry P Lynch · Reported title CEO · Highest reported compensation $237K · Total expenses $15.9M
1%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $10.0M · Total expenses $15.9M
63%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 59%
Overhead ratio 41%
Fundraising cost ratio 0%
Revenue growth 3%
Investment management fee ratio 0.07%
Legal fee ratio 1%
Accounting fee ratio 0.4%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 3 grants · $30K · 2019–2019
Unitemized GrantFY2019$25,926
Unitemized GrantFY2019$2,687
Unitemized GrantFY2019$1,189

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$22.2M revenue · ⤓ 990 PDF
FY2023$22.1M revenue · ⤓ 990 PDF
FY2022$20.7M revenue · ⤓ 990 PDF
FY2021$19.9M revenue · ⤓ 990 PDF
FY2020$19.2M revenue · viewing · ⤓ 990 PDF
FY2019$18.5M revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.