Overview
What is Public Recreation Unlimited Inc?
Public Recreation Unlimited Inc, based in Salinas, California, is a nonprofit organization with a mission to enhance recreational facilities. Specifically, they aim to raise funds from the public to finance improvements on properties designated for recreational purposes. A notable project of theirs is the ongoing effort to pay off loans related to the construction of a football/soccer stadium. By doing so, they aim to contribute to the local community's recreational activities and facilities.
Official website here: www.publicrecunlimited.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 61%, earning a Two-Star out of Four Star rating.
Public Recreation Unlimited Inc has received a Two-Star rating from Charity Navigator, indicating some areas of strength but also significant concerns in accountability and finance. The organization has a strong independent board, scoring full points for both the majority of independent board members and board size. However, critical policies such as conflict of interest and whistleblower protections are missing, which raises concerns about governance.
The organization demonstrates a commendable program expense ratio of 93.74%, indicating that a significant portion of its funds goes directly to its programs. This is a positive sign for its operational focus on fulfilling its mission. However, the liabilities to assets ratio is quite concerning at 141.10%, suggesting potential financial instability and risk.
Additionally, the lack of transparency reflected in missing policies and the absence of tax forms on the nonprofit's website detracts from its overall accountability. These limitations highlight the need for improvement in governance practices to foster donor trust and ensure long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Public Recreation Unlimited Inc legitimate?
Public Recreation Unlimited Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Public Recreation Unlimited 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.publicrecunlimited.com
What is the mission statement of Public Recreation Unlimited Inc?
Public Recreation Unlimited Inc is an organization that aims to enhance recreational facilities by raising funds from the public. Specifically, their mission is to invest these funds in necessary improvements on properties dedicated to recreational purposes. Currently, a significant portion of their efforts is focused on paying off loans related to the construction of a football/soccer stadium.
Official website here: www.publicrecunlimited.com
Who is the CEO of Public Recreation Unlimited Inc?
Warren Wayland is the Board Member of Public Recreation Unlimited Inc.
Official website here: www.publicrecunlimited.com
What is the revenue of Public Recreation Unlimited Inc?
Public Recreation Unlimited Inc's revenue in 2022 was $372,380.
Official website here: www.publicrecunlimited.com
Who are the executives of Public Recreation Unlimited Inc and what are their salaries?
There 8 volunteers at Public Recreation Unlimited Inc.
Here are 9 key members and their salaries:
- Compensation: $3,000
- Related: $0
- Other: $0
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- Other: $0
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- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.publicrecunlimited.com
Where can I find the form 990 for Public Recreation Unlimited Inc?
Public Recreation Unlimited Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.publicrecunlimited.com
Learn more at the official website: www.publicrecunlimited.com
Mission Statement of Public Recreation Unlimited Inc
Public Recreation Unlimited Inc, a nonprofit organization, is dedicated to raising funds from the public for a noble cause. Its mission is to invest in property dedicated to recreational purposes, aiming to make necessary improvements that enhance the quality of recreational facilities. The organization's ultimate goal is to create an environment that fosters enjoyment and community engagement through improved recreational spaces.
At present, Public Recreation Unlimited Inc is focused on paying off loans related to the construction of a football/soccer stadium. This endeavor is a testament to the organization's commitment to seeing its projects through to completion, ensuring that the improved recreational spaces are accessible to the public. By securing funding from the community, Public Recreation Unlimited Inc is able to bring its vision to life and contribute to the betterment of recreational facilities for all.
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Impact
June, 2024
Public Recreation Unlimited Inc's impact is evident in its efforts to raise funds from the public to make necessary improvements on recreational properties, particularly the construction of a football/soccer stadium in Salinas, CA. By engaging the community in fundraising activities, this organization has been able to enhance recreational facilities and provide opportunities for sports enthusiasts to enjoy modern and well-maintained spaces. Additionally, their focus on environmental sustainability, as indicated by the "Environment" tag, shows a commitment to creating recreational spaces that are also eco-friendly. Overall, Public Recreation Unlimited Inc is making a tangible difference in improving recreational facilities and promoting community engagement in Salinas.
This information is meant to be a general summary of Public Recreation Unlimited 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: $82
- Program Service Revenue: $111,350
- Gross Receipts: $373,112
Assets and Liabilities:
- Total Assets: $378,466
- Total Liabilities: $549,384
- Net Assets: -$170,918
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$111,350
Organization Details
Founding Year
1970
Phone
(831) 809-9853Principal Officer
Warren Wayland
Main Address
PO BOX 2562, SALINAS, CA, 93902
Website
www.publicrecunlimited.comNTEE Category
Code: C600 - Environment
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