2022 Annual Report

ANNUAL REPORT 2022

Vision:

Leading the model community where all can Live, Work, Play and Get Involved™.

Mission:

To preserve and enhance the Reston community through outstanding leadership, service and stewardship of our resources.

Core Values:

Service, Collaboration, Stewardship, Innovation, Leadership

“Let us live, work, play and get involved”

First, I want to thank the 2022-23 RA Board for electing me president of an organization that is future-focused and member-driven. Without a doubt, this has been an exciting year for me. This year, the members of the Board brought a wealth of experience and knowledge to help lead RA into the future.

Our Board Vice President and South Lakes Director Jennifer Jushchuk brought her extensive HR expertise into guiding our recruitment and contract negotiations for the CEO hiring process.

The Board has great expectations and is confident in our CEO selection, “Mac” Cummins and that he will deliver and exceed our expectations. His commitment to the community and Reston is evident in how quickly he has adapted to our Reston way of life.

You will find him at our farmers market, talking to neighbors on the trails and at many member events, ready to answer questions, listen, learn, and deliver for a community he now calls his own.

Our Board Treasurer and At-Large Director Robert Petrine continued to serve as our financial guru and lead us through yet another successful budget process. Director Petrine was key to formulating the Board and Fiscal Committee budget calendar, working closely with staff and our extremely qualified Fiscal Committee.

Sarah Selvaraj-D’Souza RA Board President

Several efforts were adopted this year to increase member participation in the budget process, including a fillable member suggestion form that garnered nearly 50 plus member suggestions. The Board members then prioritized these suggestions and referred them to staff to determine which were most achievable for inclusion in the budget. An example of this was the allocation of the sum of $30,000 to staff to expand the pool season.

Our Board Secretary and Lake Anne/Tall Oaks Director Irwin Flashman took on the mammoth task of a holistic update to our resolutions, several of which had not been updated in years and had conflicting language. This effort is still underway and I’m confident Director Flashman, working with our General Counsel Anthony Champ, will complete this task in the coming year. In addition, he worked diligently to have member emails to the Board and Board President addressed in a timely manner and followed up with staff for their resolution.

Our North Point District Director Laurie Dodd is our resident environmentalist in her role as Board Liaison to Environmental Advisory Committee. She led the Board in its effort to draft and adopt Environmental Resolution 1 which includes Reston’s Biophilic pledge, a commitment to erosion prevention and clean energy.

On the environmental front, our CEO has been working to fill the Director of Environmental Resources & Education position, which was created by the 2021-22 RA Board. We are looking forward to this new Senior Leadership Team member joining the RA family shortly.

Our At-Large Director Glenn Small unfortunately had to cut short his time on the Board due to work commitments. However, he was instrumental in working with the IT Committee on the RA website project, bringing his IT consulting expertise to bear and guiding RA through the RFP process.

Newly appointed At-Large Director Travis Johnson has seamlessly taken on this role with his own IT expertise to continue the good work with the IT Committee, our RA staff and our virtual Chief Information Officer (CIO). I am confident our staff, in collaboration with the IT Committee, future Board Liaisons and the virtual CIO will complete the website project to meet and exceed member expectations.

Our Apartment Owners Representative Director Mike Collins brings his many years of lobbying and political goodwill to help further our Multimodal Advisory Committee’s advocacy work with state and local decision-makers.

QUICK FACT 20

The RA Board conducted more than 20 meetings in 2022

Our At-Large Director John Farrell’s historical knowledge and land use expertise were crucial in guiding the Board to draft the land use resolutions  supporting RA’s assertion that any land use authorization of residential development in the Reston Master Plan area should require those residential units to join RA and provide some portion of any funds proffered for recreational purposes to be paid to RA for the repair, replacement, renovation and expansion of RA’s recreational facilities.

On the topic of land use, the Board worked collectively to draft and adopt the Reston Comprehensive Plan Advocacy Points that were later widely distributed and shared using various RA communication channels including a Reston Today video featuring all Board members. The Board has also tasked staff with drafting RA’s testimony on the plan for future public hearings.

Our Hunters Woods/Dogwood Director Margaret Perry brought a unique perspective as the Board’s only renter member. In addition, as Liaison to Parks & Recreation Advisory Committee, she brought a wealth of knowledge from her personal experiences in youth sports, as well as her professional experience as a registrar for local sports leagues. She has played a critical role in advancing the soon-to-be-released Parks and Recreation Community Survey - working closely with staff, the Parks & Recreation Advisory Committee and the vendor.

The survey will help the Board make critical investment decisions regarding future RA capital dollars, services and facilities.

As Board president this year, we made the board meetings shorter, more efficient and member friendly.

• The uniform RA-branded backdrop on Zoom presented the Board and Staff as clearly identifiable.

• The Board agenda and materials are now made available by noon, the Friday before the board meetings.

• Video presentations for informational agenda items are also made available with the Board packet and played while the Board is in executive session. This allowed for more time to have informed discussions as a Board.

Below are two additional initiatives that I worked on with the Board’s support:

• The Reston ICON Project - A collaboration between RA, Friends of Reston, and Public Art Reston to bring public art to all RA underpasses (currently only 4 out of 25 underpasses have public art) and possibly spillway art like that on Lake Thoreau to all RA lakes. Our amazing partners - Friends of Reston will lead the fundraising efforts, while Public Art Reston will provide the implementation support. Many other community partners have come together to truly make this a ONE Reston vision.

• The Lakes Equity Working Group - A collective of lakefront and non-lakefront residents from diverse economic and cultural backgrounds will come together to review our current lakes access, signage and programs to propose more inclusive and welcoming initiatives for the use and enjoyment of all RA lakes by all RA members, regardless of their proximity to the lakes, income levels, age, ability, etc.

I also take this opportunity to thank our Reston Association staff for the tremendous effort they put in day in and day out to make sure that our members and facilities are well maintained.

I would be remiss if I did not mention our longtime staff member and Chief Operating Officer Larry Butler.

Larry has truly been Mr. RA. He is retiring in June of this year after more than 40- years at RA and we wish him the very best for this next chapter in his life. I am sure it will be filled with camping trips, bike rides, chopping wood and stories around the fire with family and friends.

To my fellow Board members. I thank each one of you for your dedication to the success of the organization and for the tremendous work you put into the proper governance of our organization. I also wish to acknowledge the great contributions of our volunteer committee members. They commit endless hours of volunteer time to support the Board in our decision-making.

Last, but certainly not least, to our members. You have my most sincere appreciation for your continued support of the Reston Association and the pride you demonstrate in being a member of our one-of-a-kind community. You are the source of our strength, the reason we exist, and the most important piece of the RA Family.

Cheers, Sarah Selvaraj-D’Souza President

A New Beginning

Welcome to Reston

As my first several months here in Reston come to a close with this annual report to the community, I wanted to pass along some news, accomplishments, and excitement for the coming summer and year. As I started in late August last year, my family and I have relocated to Reston from the Pacific Northwest and have fallen in love with the community, as well as the character of various neighborhoods and clusters. We routinely ride our bikes on the trails, and enjoy the beauty, nature, and physical surroundings of Reston. I very much enjoy the community building values that Reston is founded upon, including inclusivity, environmental stewardship, and using the land responsibly.

As I’ve evaluated our organization and the community needs in my first several months, we have much to report to the community. Our maintenance crews have done an excellent job in maintaining and enhancing our facilities and trail systems. Our recreation staff have operated and maintained our aquatics, racquet sports, camps, volunteers, Nature Center and a host of other services to an exceptional level. Our Covenants staff have become even more engaged in outreach to help maintain the aesthetic and property values in Reston.

The many other services RA provides help maintain our community values through active participation in many areas, and we look forward to continuing this excellence in our work on your behalf.

This annual report highlights many of RA’s successes during 2022. Some accomplishments will have long-lasting benefits for our members. Our outreach to the community has been enhanced through various communications efforts including enhanced cluster communications and member engagement, an increase in electronic newsletters, safety-related notices and signage, social media announcements and virtual meetings on Zoom. We will also be present in the community at the Lake Anne Farmers Market starting in April, with a booth to provide service, answer questions and provide an opportunity to purchase RA items. We look forward to continued improvements in “coming to” our membership to solicit input.

A significant work item that I I’d like to highlight is the Reston Association Community Survey that is being undertaken this summer, which will help guide the association in the coming years regarding capital investment, facility repair or replacement, and gauge membership interest in the future of our facilities in Reston.

I encourage everyone to take some time and fill out the survey, which will be conducted online, and we’ll have QR codes at many of our facilities for ease of access.

As we come out of the pandemic in full, and begin to regain our lifestyle (s) in a more complete way, we have learned quite a bit about service provision to our membership. Undoubtedly, there are many positive innovations and cost-savings measures from the past few years that will be part of the new norm for the association and the Reston community.

As I think about what Reston “is,” I’m struck by the sense of community and nature of the relationships that are formed and continue, from years long to decades, and now generational. My family and I are proud to be here, and look forward to meeting as many of you as possible out on the trails, in the parks, at community events and gatherings, etc. It is you, the membership, that makes up the heart and soul of what Reston is and our service belongs to you and the community. Please take a look at this report and discover what RA

Mac Cummins CEO, Reston Association

has done to improve operations and make Reston an even better place to Live, Work, Play and Get Involved.

Board of Directors

RA-BODPresident@reston.org

RA-BODTreasurer@reston.org

RA-BODVicePresident@reston.org

At-Large District

RA-ATLDistrict@reston.org

RA-BODSecretary@reston.org

Sarah Selvaraj-D’Souza President At-Large District

Robert T. Petrine Treasurer At-Large District

Travis Johnson

Jennifer Jushchuk Vice President South Lakes District

Irwin Flashman Secretary Lake Anne/Tall Oaks District

RA-ATLDistrict_2@reston.org

RA-NPDistrict@reston.org

RA-HWDWDistrict@reston.org

RA-BODAPTOWNREP@reston.org

John Farrell At-Large

Laurie Dodd North Point District

Mac Cummins, AICP CEO RA-CEO@reston.org

Margaret Perry Hunters Woods/Dogwood District

Mike Collins Apartment Owners Representative

Department Highlights and Related Summaries

QUICK FACT

451

Swim lessons were conducted in 2022

Recreation and Environmental Education

Moving into the post-pandemic period in 2022, The Recreation and Environmental Education Department saw significant member engagement in activities, events and programs. Member participation at RA pools, tennis facilities, camps, community events and the Walker Nature Center returned to normal.

Aquatics

RA opened 13 of 15 pool facilities in 2022 with the Lake Thoreau and Shadowood pools closed for renovations. RA successfully certified 128 new American Red Cross lifeguards with 35 of them taking advantage of RA’s new certification reimbursement program developed to retain lifeguards. In 2022, 71% of RA’s lifeguards returned from the 2021 season.

Participation in RA swim lessons was also up in 2022 with 261 group lessons and 190 private lessons making it possible for RA to exceed its 2022 swim lesson revenue goals. More than 1,500 participants took part in water fitness programs and a new Stand-Up Paddle Board yoga program on Reston’s lakes was launched with 305 participants. For members who enjoy boating, the boat rental fleet was replaced and upgraded on Lake Anne with expanded operating hours aligned with plaza events.

Camps

The Reston Camps program had another very successful year surpassing pre-pandemic enrollment in 2019. Camp enrollment was 2,275 compared to 1,954 children in 2021 and 1,681 in 2019. Thanks to the continued support of the Friends of Reston’s scholarship program, 24 children were able to attend camp this year. Many of RA’s camp staff came back in 2022 making it possible for the association to achieve an 82% retention rate from 2021.

Events

RA offered a wide range of popular annual events and some new ones in 2022. There were 61 events with 8,500 members and non-members in attendance. Highlights included such favorites as the Spring and Fall Yard Sales, Movies in the Park, Dive-in Movies, the Appraisal Roadshow and the always-popular Cookies with Santa. The increased popularity of the Dog Paddle event resulted in the addition of a fifth pool in 2022 to accommodate demand. A new Howl-o-ween event was added this year and bus trips returned after a two-year hiatus due to the Covid-19 pandemic.

93.5%

Summer camp was 93.5% full in 2022

Pickleball

Pickleball continues to grow in popularity as members and non-members of all ages participate in this new and fast-growing sport. Staff continued to expand drop-in play and lessons and the number of tournaments increased from one to three in 2022.

• RA offers four lighted Pickleball courts.

• Drop-in play averages 50 participants per night.

• Tournament activity was up with 269 participants compared to 185 in 2021.

Nature Center

The Walker Nature Center (WNC) provides a variety of educational programs and resources for all ages with the mission of fostering good environmental stewardship in the community. In 2022, the WNC experienced a considerable rebound in participation from the previous two years. In-person programs returned at full capacity including the popular Spring Festival, the 25th anniversary of the Halloween House & Trail and there was record attendance at the Egg-stravaganza and Fairy Festival.

238 Pickleball passes sold in 2022

• There were 230 programs conducted with 6,073 participants compared to 199 programs for 3,862 in 2021.

• The overall reach of the WNC was 14,878 in 2022, a 79% increase compared to 2021. This includes program participants, drop-in visitors at Nature House and private rental attendees. It does not include the thousands of visitors who enjoy the trails and natural amenities.

• Walk-in visitation at Nature House more than tripled compared to previous years with an estimated 4,065 walk-in visitors compared to 1,212 in 2021.

• There was a significant increase in private rental events at the Nature House as indoor gatherings returned. Multi-purpose room rentals increased by 68% while pavilion rentals decreased by 80%, compared to 2021. Overall rentals were for longer periods, indoors and with more guests, increasing revenue, rental income grew from $13,138 in 2021 to $17,844 in 2022.

Photo by: WilliamO’Brien

Walker Nature Center conducted 230 programs

QUICK FACT

$120,000 Volunteers provided almost $120,000 in labor benefits in 2022

Tennis

RA offers 50 outdoor courts including 8 clay and 24 lighted facilities across 14 locations in Reston. Lessons are offered for all ages and abilities from three years through adult and remain popular. In 2022, Junior group lessons had 756 participants, Adult group lessons had 362 participants and 400 private instruction lessons were conducted compared to 469 in 2021. Tennis lessons begin in March and league play begins in April 2023.

Volunteer Reston

The mission of Volunteer Reston is to enhance services and programs offered by RA by matching the varied talents of individuals, corporate teams and groups of all ages, interests and skill levels with a variety of engaging and rewarding community service projects. Almost 1,100 volunteers participated in volunteer opportunities in 2022 compared to 851 in 2021. RA appreciates our volunteers for all their time and talent at more than 70 volunteer projects including environmental projects like Habitat Heroes, Potomac River Watershed Cleanup, Arbor Day, Earth Day, stream monitoring and community cleanup days. Volunteers are also instrumental in supporting RA and Reston community events like Movies in the Park, the Community Yard Sale, the Friends of Reston 5K race,

1,520

Multicultural Festival, Stuff the RA Camp Bus and the Walker Nature Center Halloween House & Trick-or-Treat Trail. When valued at Independent Sector wages, volunteers provided almost $120,000 of service to RA in 2022. This does not include the many hours of volunteer time provided by RA advisory committee members, Design Review Board members, and the RA Board of Directors throughout the year.

Participants in RA tennis lessons

QUICK FACT

Capital Projects

Coming out of the pandemic and facing historic inflation, the RA capital projects department had another busy year in 2022. Material costs continued to climb, and the construction labor market remained bare. Despite those challenges, the capital department was able to complete 73% of all projects and ended the year exactly on budget.

The Lake Thoreau Pool project, the largest project in RA’s history, is underway after suffering some delays with an anticipated completion before the end of 2023. The refurbishment of Shadowood Pool is nearing permit submissions for several site improvements that include improved ADA accessibility, lap swimming, and gas heating for user enjoyment. Site plan submissions on the redevelopment of Hunters Woods Ballfield and Hook Road Park are well underway and will commence in 2023 once approved.

Lastly, two tennis projects to look forward to in 2023 are the Barton Hill Tennis and Glade Tennis renovations that will expand our pickleball offerings and improve the clay court experience for the membership.

Central Services Facility

Reston Association’s Central Services Facility kept Reston looking great throughout 2022. The CSF team successfully maintained Reston’s amenities, grounds, facilities and structures while also finding ways to save the association money through cost-effective initiatives.

The roadways were maintained with excellent quality as RA reduced the frequency of mowing in 2022 to reduce costs. All roadways were edged and gutters were cleaned. CSF also improved and updated the landscaping at many of RA’s recreation amenities and sites.

Here are a few examples of the numerous projects

CSF executed in 2022:

• Removed 400+ dead, hazardous or dying trees from RA property.

• The enhanced lake water management program resulted in no blue-green algae blooms during the 2022 season.

• Staff and volunteer clean up events removed more than 225 pounds of litter from Reston’s lakes and streams.

• Upgraded Dogwood pathway lights to LED.

• CSF made and installed 36 new tennis benches from recycled plastic, saving approximately $20,000 on bench purchases.

• RA switched from using shredded hardwood mulch to using wood chips in all landscape beds, reducing costs and garnering positive member feedback.

• At RA pools and the CSF facility, RA is now using brown dyed mulch which resists fading to gray and looks good year-round.

• A new infield was installed at Browns Chapel field #1 and Browns Chapel field #3 received an improved infield and outfield.

• Watershed staff and dedicated volunteers participated in 20 stream monitoring sessions, identifying 580 macroinvertebrates to better understand the health of Reston’s streams.

In 2023, CSF will continue to stay ahead of invasive species and monitor Reston’s lakes for blue-green algae, increase natives plants in Reston’s stream valleys, continue to upgrade LED lighting when financially feasible, construct and install tennis benches made from recycled plastic and paint at least three underpasses to help VDOT with paint peeling off their underpass property.

Covenants

Covenants staff worked hard to continue to build off our momentum in 2021 by focusing on highlighting for RA members how the department brings value to their assessment dollars and the importance of what we do to serve the membership. Working to improve overall member satisfaction as it relates to all processes within the Covenants Administration department was our key priority in 2022. This year, the Covenants team was able to accomplish the following:

• Conducted 23 cluster and condominium association Show & Tell walking tours, a pinnacle outreach offering in terms of connecting RA Staff with sub-HOA association board members and leadership.

• Held 5 informational Meet & Greet sessions for cluster leaders, some in partnership with Dominion Energy, Charge Up Fairfax (Fairfax County Office of Environmental and Energy Coordination) and Chadwick, Washington, Moriarty, Elmore & Bunn P.C.

• Distributed 6 issues of Cluster Connect newsletter to cluster and condo more than 400 cluster and condominium leaders.

• Processed 984 resale packages, adding more than $275,000 to non-assessment revenue to the annual budget.

• Processed 100+ complaints received by RA members on alleged violations of Reston’s protective covenants.

• Completed targeted outreach to title companies and real estate agents to enhance transparency on the home selling process for RA.

• 287 post-DRB property inspections were completed to ensure projects adhered to the approvals received.

• 1,923 DRB applications were processed. Of those, 93% were approved.

• Proposed revisions to 15 design guidelines to the DRB, which were approved to move forward with next steps.

• 144 unique cluster standard updates were reviewed by the Design Review Board (DRB).

As we begin the second quarter of 2023, Covenants staff is committed to continuing to bring excellent service to RA members and the team is actively working on the following for the remainder of 2023:

• Design and delivery of a public cluster/condo association directory.

• Expansion of outreach to target condominium associations and non-cluster single-family homes.

• Continuing to encourage lower review levels for applications and recommending revisions to design guidelines and resolutions to improve member experience in our design review and enforcement and processes.

• Evaluate existing resale process and implement new outreach programs to continue to educate members on resources available.

• Continuing to collaborate with the communications department in developing more “Covenants FAQ” videos.

1,923

DRB applications were processed and 93% approved

QUICK FACT

Communications

The Communications department’s mission is to educate, engage and inform members about Reston Association’s activities, programs, operations and matters impacting the Association and its membership. Throughout 2022, the Communications staff worked collaboratively with other departments and outside vendors to produce communications and marketing materials for a variety of RA content platforms including digital and print publications, social media, the RA website (www.reston.org), video, as well as fliers, postcards and signage.

On-going digital and print publications include:

• RA News – 50 weekly digital issues were published in 2022 focusing on the association’s news and events. RA News has an average 12-month open rate of 53% with a year-over-year increase of 11%. The average click-through rate is 4% with a 2% bounce rate.

• RA Activities Guide – Produced four quarterly print and digital guides averaging 30-pages per issue promoting RA activities, events and programs.

• Branching Out – Collaborating with the Walker Nature Center staff, produced four quarterly print and digital publications focusing on the Walker Nature Center, environmental and wildlife topics.

• RA Monthly Activities and Events – distributed 12 monthly digital e-blasts to members with WebTrac accounts highlighting Recreation and Environmental Education activities and events. The monthly activities and events e-blast had a 55% open rate in 2022, a click-through rate of 3.5% and a bounce rate of 2.5%.

• Cluster Connect – Partnering with Covenants

Administration, produced and distributed four quarterly e-newsletter to educate and inform Cluster association leaders about various Covenants-related matters and programs. In 2022, Cluster Connect had an average open rate of 65%, a click-through rate of 8.5% and a 10.5% bounce rate.

Throughout 2022, the Communications staff continued to provide operational and technical support for most virtual meetings conducted by the Association. Virtual meetings via the Zoom platform included 11 regular monthly Board of Directors and seven Special Board of Directors meetings, 12 monthly Full Design Review Board, a Budget Public Hearing and Work Sessions, the Election Information Session, Candidates’ Forum, the Annual Members’ Meeting and a Comprehensive Plan Community Information Session.

In 2022, RA continued to utilize social media channels and the RA website to engage and share information with members. Specifically, Facebook, Instagram, Twitter, LinkedIn and the RA website (www.reston.org) were used to educate and inform members about environmental issues, pandemic operational matters, Board and Advisory Committee activities, and to increase member engagement in activities, programs and virtual meetings.

2022 Social Media Results (as of Dec. 31 2022):

Facebook

Total Followers: 8,688

Total Follower Growth: 581 or 11.5%

Total Reach: 849,463

Total Engagement: 58,022

Instagram

Total Followers: 2,547

Total Follower Growth: 235 or 9.22%

LinkedIn

Total Followers: 984

Total Follower Growth: 85 or 9.5%

Total Impressions: 13,376

Total Engagement: 710

Twitter

Total Followers: 4,000

Total Follower Growth: 0

Total Impressions: 144,583

Total Engagement: 5,183

2022 Website Analytics

(as of Dec. 31, 2022):

Total Visits: 253,674

Average Bounce Rate: 69.40%

Total Unique Visits: 174,892

Total Pageviews: 389,741

Top Devices by Visits:

Desktop: 58.50%

Mobile: 41.25%

ASSOCIATION ACTIVITIES GUIDE

QUICK FACT

14,000

More than 14,000 RA News subscribers

Human Resources

In July 2022, RA welcomed its new HR Director, Samara “Sam” Kendrick. Sam brings an extensive background overseeing multidisciplinary human resources operations, people and culture. RA’s HR Director is responsible for providing strategic guidance and leadership for all aspects of the human resources function, including oversight of the full complement of core human capital programs, policies and services.

In 2022, HR spearheaded a negative health care renewal increase of the association’s benefit renewal costs, saving RA thousands of dollars during a time of high inflation. The HR team continues to focus on making RA a “Best Place to Work” despite the challenges of the “Great Resignation,” through the successful attraction, retention and engagement of highly successful candidates.

Information Technology

The Information Technology team has been working with multiple groups within the association and with RA’s IT Committee to plan technology improvements in several key areas:

• In Parks and Recreation, improvements in RecTrac have been identified for implementation in early 2023. These include an improved interface for members to find and sign into programs and events, an analytics tool that will significantly improve the efficiency in developing reports and responding to inquiries relative to program participation, and an online payment system with mobile capabilities for member and program participants to pay for events, food and other program material while at the event using credit cards. This latter one provides RA with an opportunity to increase non-assessment revenue.

Moving into 2023, the HR team will focus on reducing employee turnover, increasing employee satisfaction and continuing to implement employee-focused People & Culture initiatives and Organizational Development programs and policies. Sam and the HR team will continue to provide the best and brightest talent to support all services, programs, and events within the organization and the community to support the needs of RA’s membership.

• All departments will benefit from the new phone system which will replace the current system which is at end-of-life. The new platform is based on Microsoft Teams voice and will also provide an integrated call center for Member Services to better support member inquiries.

• Communications is taking the lead with the IT Committee as requirements are being developed for a new association website.

Friends of Reston

Established in 1999, Friends of Reston for Community Projects, Inc. (Friends), is a not-for-profit 501(c)(3) organization with the mission to support Reston Association in performing charitable, educational, and scientific purposes. In 2022 the Friends continued to fund established programs, assist with innovative initiatives, and grow new partnerships.

Last year the Friends made impactful donations to community programs. Donating nearly $20,000 to the Reston Youth Scholarship and Enrichment fund, the Friends enabled 63 Reston youth with financial need to attend multiple sessions of RA’s popular summer camp, tennis and aquatics programs- tuition free. Friends of Reston is committed to fulfilling the financial needs of Reston youth through these scholarships and considers it a top priority.

In addition to the annual Youth Scholarship and Enrichment campaign, Friends continued fundraisers created in 2021 including the WebTrac Donation Option and Red’s Table Roundup campaign, which ran through the summer of 2022. In October, the second annual Friends of Reston Fall 5k took place at Brown’s Chapel Park with a fantastic turnout of 262 registered runners, raising over $10,000. We look forward to continuing these programs in 2023.

A new initiative in 2022 was the Summer School & Pool pilot program. This partnership between the Friends, Reston Association and Terraset Elementary School provided swim lessons to 50 summer school students from Terraset, as well as transportation and supplies to enable student participation. In 2023 the Friends plan to provide funding for this program and its expansion.

Looking forward, the Friends of Reston are excited to build upon our previous successes. In the coming year, we aim to maintain our current initiatives, create new partnerships and programs and further awareness of the Friends of Reston.

A special thank you to our 2022 corporate sponsors that were integral to our success:

CACI

CDW-G

Rosenthal Automotive

The Wise Investor Group

Northern Virginia Orthodontics

Aslin Beer Company

OneLife

Red’s Table

Robert E Simon, Jr.

Children’s Center

The Busy Blonde’s Real Estate

Wegman’s Celebree School

Chick-Fil-A North Point Village

Card My Yard Fairfax

Foambusters

Herndon-Reston Youth Lacrosse

MSE Productions

New Trail Cycling & Strength

QUICK FACT 50

Friends of Reston funded swim lessons for 50 Terraset Summer School students.

2022 Financial Summary

Revenue and Expenses

• Total revenues increased by $872K versus the 2022 budget and $1.1 million on a year-over-year (YoY) basis.

º Assessments and Fees - +$175K

■ Due primarily to new residential development members added during 2022;

º Recreation - + $285K

■ Due to better than anticipated Camps performance and continuing strong interest in racket sports, particularly pickleball and lessons;

º Central Service Facility - +$671K

■ Due primarily to sale of wetlands and stream mitigation credits

• Expenses continue to run under budget by $837K, but total operating expenses increased by $1.1 million on a year-over-year basis.

º Versus the budget, a majority of the positive variance is lower people costs ($758K) than anticipated. Given the number of senior staff hires made during 2022 and anticipated hires in 2023, this trend will likely be eliminated in 2023.

º On a year-over-year basis, the $1.1 million increase in expenses was driven by:

■ An increase of $239K in people costs (salaries, benefits, and seasonal help);

■ An increase of $362K in a variety of outside professional services including retention of a virtual Chief Information Officer;

■ A $133K increase in insurance premiums; and

■ A $397K increase in other expenses.

Balance Sheet

Cash and Investments

º Cash available to fund operations remains quite strong. Unrestricted cash totaled $7.5 million, an increase of over $982K over December 31, 2021.

º Restricted cash (composed of RRRF and CAARF cash and investments, the CAT Fund, and deferred compensation) totaled $8.0 million. That is $1.0 million lower than at December 31, 2021. This condition is consistent with the poor performance of the capital markets in 2022 on the balances held by RA.

Capital Assets

º Capital assets grew by $1.3 million, net of accumulated depreciation, as assets, both new and replacements, were acquired during 2022.

Right To Use Assets (RUA)

º Reston Association has changed recording of the lease of its corporate headquarters to comply with ASC 842, Accounting for Leases.

■ This accounting pronouncement requires RA to record the present value of its lease obligation over the remaining term of the lease less certain adjustments. In addition, RA has recognized the value of its exclusive use of the space over that same term as an asset.

Total Liabilities

º Except for the lease on the headquarters building, RA has no external long-term debt. The Association’s short-term debt consists of accounts payable and accrued expenses associated with its personnel costs.

º All but 7% of the increase in total liabilities is associated with the accounting for the lease on the headquarters that require the association to amortize its lease liability over the lease’s term that ends on June 30, 2030.

Capital Spending

• At the beginning of 2022, RA had a total of restricted cash and investments of $6.3 million; $5.7 million in RRRF funds and $600K in CAARF funds.

• These restricted funds (only available to replace, repair, renovate or purchase capital assets) were available to complete $6.4 million in capital projects.

• During 2022, a total of $3.1 million was spent with an estimated addition of $3.1 million to be spent in 2023 and beyond to complete those budgeted projects based upon costs known at year-end 2022.

• At year-end 2022, RA has a total of $6.25 million in RRRF and CAARF funds available to complete the budgeted projects as well as to provide for the completion of new projects to be approved in future years.

17,963

RA sold 17,963 Recreation Passes in 2022

2022 Financial Statements (unaudited)