PUBLIC RECREATION UNLIMITED INC

EIN: 237088131 501(c)(3) Environment

SALINAS, CA

Total Revenue
$312,748
Total Expenses
$262,572
Total Assets
$357,847
Net Assets
$-101,717
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
CA
Principal Officer
WARREN WAYLAND
Phone
8318099853
Tax Period
2023-07-01 to 2024-06-30

PUBLIC RECREATION UNLIMITED INC, founded in 1970, is a small nonprofit in the Environment sector that reported $313K in total revenue in fiscal year 2023. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $50K, a strong 16% operating margin.

Mission

TO RAISE FUNDS FROM THE PUBLIC IN ORDER TO PLACE NEEDED IMPROVEMENTS ON PROPERTY DEVOTED TO RECREATIONAL PURPOSES.

Program Service Accomplishments

Program 1
Expenses: $244,127 Revenue: $118,100

TO CONTINUE TO RAISE MONEY IN ORDER TO PAY OFF THE LOANS RELATED TO THE CONSTRUCTION OF THE FOOTBALL/SOCCER STADIUM AND BUILD A NEW PERIMETER FENCE AROUND SALINAS SPORTS COMPLEX.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $216,315
Program Service Revenue $118,100
Investment Income $11,498
Other Revenue $-33,165
TOTAL REVENUE $312,748

Expense Breakdown

Grants Paid $189,818
Salaries & Benefits $6,500
Fundraising Expenses $0
Program Expenses $244,127
Other Expenses $66,254
TOTAL EXPENSES $262,572

Year-over-Year Comparison

2023 2022 Change
Revenue $312,748 $220,031 +0.4%
Expenses $262,572 $201,006 +0.3%
Net Income $50,176 $19,025 +1.6%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
8
Employees
N/A
Volunteers
8

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$6,500
Total Directors
9
$6,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WARREN WAYLAND PRESIDENT 0.29
Officer Director
$0 $0 $0
CRAIG ANDRUS VICE PRESIDENT 0.04
Officer Director
$0 $0 $0
JAIME NOLAN TREASURER 0.23
Officer Director
$6,500 $0 $6,500
GREG CHILTON SECRETARY 0.06
Officer Director
$0 $0 $0
BENNY JEFFERSON DIRECTOR 0.04
Director
$0 $0 $0
BRENT EASTMAN DIRECTOR 0.04
Director
$0 $0 $0
DARYL WHITCHER DIRECTOR 0.04
Director
$0 $0 $0
JIM SLATEN DIRECTOR 0.06
Director
$0 $0 $0
SUSAN MERRILL DIRECTOR 0.04
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $312,748 $262,572 $357,847 $50,176
2023 $220,031 $201,006 $369,499 $19,025
2022 $372,380 $144,077 $378,466 $228,303
2021 $117,517 $578,866 $237,995 $-461,349
2020 $311,669 $113,169 $765,344 $198,500
2019 $328,508 $203,899 $629,276 $124,609
2018 $541,421 $182,790 $540,543 $358,631
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