Is Benevolent & Protective Order Of Elks Of The Usa Legit?

The Benevolent & Protective Order Of Elks Of The Usa in Houlton, ME, demonstrates a consistent financial pattern over the past decade, with revenues generally exceeding expenses, leading to a steady growth in assets. For instance, in 202203, revenue was $270,148 against expenses of $206,510, contributing to asset growth. However, the most recent filing (202303) shows a slight deficit, with expenses ($147,434) exceeding revenue ($136,794), which warrants monitoring if it becomes a trend. The organization's assets have grown from $299,620 in 201403 to $524,507 in 202303, indicating long-term financial stability. Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the consistent reporting of 0% officer compensation across all filings suggests a volunteer-driven leadership, which can contribute to lower administrative overhead. The organization's transparency is good in terms of consistent IRS 990 filings, but the lack of detailed expense categories limits a deeper analysis of how funds are allocated. The absence of officer compensation is a positive indicator for donor confidence regarding executive pay. Overall, the organization appears to be financially stable with a history of asset growth, though the recent deficit in 202303 is a minor concern. The lack of officer compensation is a significant strength, indicating efficient use of funds at the leadership level. Improved transparency regarding the breakdown of expenses would further enhance the assessment of spending efficiency.