AI Transparency Report
The Benevolent & Protective Order Of Elks Of The Usa (Wells, ME) appears to be a very small, local chapter with limited financial activity. Over the past decade, its annual revenue has fluctuated between approximately $19,000 and $57,000, with expenses generally tracking closely. For instance, in 2021, the organization reported $25,019 in revenue against $28,050 in expenses, indicating a slight deficit. Assets have remained modest, peaking at $16,765 in 2018, and liabilities have varied, sometimes exceeding assets, as seen in 2014 ($5,312 assets vs. $18,075 liabilities). This financial profile suggests a grassroots operation, likely relying on local membership dues and small-scale fundraising.
Given the data, the organization's spending efficiency is difficult to fully assess without a detailed functional expense breakdown, which is not provided in the summary data. However, the consistent reporting of 0% officer compensation across all available filings indicates a volunteer-driven leadership, which is a positive sign for minimizing administrative overhead. The organization's transparency is good in terms of filing its IRS Form 990s consistently, with nine filings available. The lack of significant revenue or assets suggests it operates on a very lean budget, typical for small fraternal organizations.
Overall, the financial health appears stable for its size, though it often operates close to its break-even point or with minor deficits. The absence of paid executive compensation is a strong indicator of efficient use of funds for its stated purpose, even if the specific program spending details are not granularly available. The organization's consistent filing history demonstrates a commitment to regulatory compliance and transparency.