Overview
What is Project For Public Spaces Inc?
Project for Public Spaces Inc is a non-profit organization based in Brooklyn, New York, with a workforce of 12 individuals. Their mission revolves around enhancing communities by creating and sustaining public spaces. In 2022, they continued their Community Placemaking Grants Initiative, backed by General Motors and the Walton Family Foundation. This program offers financial and technical assistance, as well as capacity-building opportunities, to non-profits improving public spaces across the United States. Additionally, Project for Public Spaces provided placemaking technical assistance to public space management organizations in various locations, including Buffalo, New York; San Antonio, Texas; and Chickasaw, Oklahoma, and offered an online training course, "Making It Happen," to over 170 participants. Overall, Project for Public Spaces is dedicated to helping people develop and maintain public spaces that foster stronger, more connected communities.
Official website here: www.pps.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
Project For Public Spaces Inc has achieved an impressive 97% rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization boasts a fully independent board, ensuring that governance decisions are made without conflicts of interest. Additionally, it maintains robust financial oversight with no material diversions of assets, demonstrating a commitment to ethical stewardship of its resources.
The organization excels in its program expense ratio, dedicating over 71% of its funds directly to its mission-related activities. This indicates a strong focus on effective program delivery rather than excessive overhead or fundraising costs. Furthermore, its fundraising efficiency ratio of $0.08 showcases its ability to raise funds with minimal expenditure on fundraising efforts, which is a positive sign for donors.
While the financial indicators are strong, the working capital ratio at 0.58 years suggests that the organization may have limited liquidity in the short term. However, the overall financial health and governance practices indicate a well-managed nonprofit that is effectively fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Project For Public Spaces Inc legitimate?
Project For Public Spaces Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Project For Public Spaces Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $265,462
Professional Fundraising Fees: $25,000
Other Salaries and Wages: $667,840
For more financial information, click here
Official website here: www.pps.org
What is the mission statement of Project For Public Spaces Inc?
Project for Public Spaces Inc is a non-profit organization dedicated to helping people create and sustain public spaces that foster stronger communities. Their mission is to empower individuals to shape and improve the public spaces they use daily through partnerships, training, convening, and research. In 2022, they built upon their decades of experience by continuing the Community Placemaking Grants Initiative, providing financial and technical assistance, as well as capacity building opportunities, to placemaking non-profits improving access to public spaces across the United States. With support from General Motors and the Walton Family Foundation, this initiative aims to enhance public spaces nationwide. Furthermore, Project for Public Spaces offered placemaking technical assistance to public space management organizations in various locations, such as Buffalo, NY, San Antonio, Texas, and Chickasaw, Oklahoma, and provided an online training course titled 'Making It Happen' to over 170 participants.
Official website here: www.pps.org
Who is the CEO of Project For Public Spaces Inc?
Kelly Verel is the Board Chair of Project For Public Spaces Inc.
Official website here: www.pps.org
What is the revenue of Project For Public Spaces Inc?
Project For Public Spaces Inc's revenue in 2022 was $2,778,853.
Official website here: www.pps.org
Who are the executives of Project For Public Spaces Inc and what are their salaries?
The average compensation at Project For Public Spaces Inc during 2022 was $77,775. There are 12 employees and 6 volunteers at Project For Public Spaces Inc.
Here are 8 key members and their salaries:
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- Compensation: $114,423
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- Compensation: $124,039
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- Other: $27,000
Official website here: www.pps.org
Where can I find the form 990 for Project For Public Spaces Inc?
Project For Public Spaces Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pps.org
Learn more at the official website: www.pps.org
Mission Statement of Project For Public Spaces Inc
Project for Public Spaces Inc, a non-profit organization, is dedicated to helping people create and sustain public spaces that foster stronger communities. Their mission is centered around improving everyday public spaces through partnerships, training, convening, and research. They strive to provide everyone with the opportunity to shape their local spaces, making them more inviting and inclusive.
In 2022, the organization continued its decades-long work by partnering with foundations and corporate social responsibility programs. This partnership led to the Community Placemaking Grants Initiative, which aims to provide financial and technical assistance, as well as capacity building opportunities, to placemaking non-profits improving access to public spaces across the United States. With support from General Motors and the Walton Family Foundation, this initiative has made a significant impact on community spaces nationwide.
Furthermore, Project for Public Spaces offered placemaking technical assistance to public space management organizations in various locations such as Buffalo, NY, San Antonio, Texas, and Chickasaw, Oklahoma. They also provided an online training course titled "Making It Happen," which was attended by over 170 participants, helping to equip them with the skills and knowledge needed to create impactful public spaces.
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Impact
June, 2024
Project For Public Spaces Inc's impact includes empowering communities to shape and enhance the public spaces they utilize daily through partnerships, training, convening, and research. In 2022, the organization furthered its work with foundations and corporate social responsibility programs by launching the Community Placemaking Grants Initiative, supported by General Motors and the Walton Family Foundation. This initiative provides financial assistance, technical support, and capacity-building opportunities to placemaking projects across the United States, improving access to public spaces. Furthermore, Project For Public Spaces offered technical assistance to public space management organizations in various North American cities and conducted an online placemaking training course, engaging over 170 participants. Through its efforts, the organization contributes to the creation of vibrant and inclusive public spaces that foster stronger communities.
This information is meant to be a general summary of Project For Public Spaces Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $101
- Program Service Revenue: $808,294
- Gross Receipts: $2,778,853
Assets and Liabilities:
- Total Assets: $1,628,214
- Total Liabilities: $94,805
- Net Assets: $1,533,409
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONSULTING SERVICES
Revenue
$532,973
REIMBURSEMENTS
Revenue
$120,786
EVENTS
Revenue
$117,409
SPONSORSHIP
Revenue
$32,500
SPEAKING ENGAGMENTS
Revenue
$4,626
Organization Details
Founding Year
1975
Phone
(212) 620-5660Principal Officer
Kelly Verel
Main Address
49 5TH AVE 1025, BROOKLYN, NY, 11217
Website
www.pps.orgNTEE Category
Code: C015 - Environment
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