Build Our Park

What it reported doing in 2025

During the reporting year, the organization made meaningful strides toward bringing its vision of a public park to life. It was a year of thoughtful progress establishing key groundwork, building relationships, and preparing for whats ahead. A strong focus was placed on project planning, increasing public awareness, and ensuring readiness to meet regulatory requirements. Along the way, we connected with the community in intentional and engaging ways, helping people understand the vision and inviting them to be part of it. This growing awareness built genuine support and momentum. At the same time, the organization took important steps behind the scenes, working closely with relevant governing bodies to navigate the application and approval processes essential to advancing the project. These combined efforts created the conditions needed to begin public fundraising later in the year. Looking ahead, Downtown Harrisonburg Park also began exploring practical and sustainable approaches to site construction, including potential public-private partnership models (PPEA), to help ensure the parks future is both effective and enduring.

Financial Efficiency

• Mission deployment rate: Limited
• Program expense ratio: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
• Major donor itemization: Limited

Sustainability

• Operating margin: 92.4%; rating input score 99; 99th percentile among comparable filings
• Total-asset coverage ratio: 69.76; rating input score 99; 99th percentile among comparable filings
• Liabilities to assets ratio: Limited
• Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

• Program expense growth: Limited
• Revenue growth: 120.4% per year; rating input score 100; 99th percentile among comparable filings
• Asset growth: 19.1% per year; rating input score 100; 83rd percentile among comparable filings