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

The Benevolent & Protective Order Of Elks Of The Usa in Old Town, ME, demonstrates a consistent operational pattern with revenues generally covering expenses, though some years show a slight deficit. For instance, in 2023, expenses of $209,608 slightly exceeded revenue of $208,377. The organization's assets have seen a gradual decline over the past decade, from $603,701 in 2013 to $437,790 in 2023, while liabilities have also decreased, indicating some financial restructuring or asset utilization. The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer leadership and efficient use of funds for its stated mission, enhancing its transparency and public trust. Given the NTEE code Y40Z, which typically covers fraternal societies, the financial data suggests a focus on member activities and community engagement rather than large-scale programmatic spending. The absence of officer compensation across all reported years is a significant positive for spending efficiency. While specific program spending details are not provided in the summary data, the overall financial health appears stable, albeit with a trend of decreasing assets. The organization's ability to operate without paid executive leadership suggests a strong volunteer base and commitment to its mission.