No red flags identified.
AI Transparency Report
The Benevolent & Protective Order Of Elks Of The Usa in Millinocket, ME, demonstrates a fluctuating but generally positive financial trajectory over the past decade. While revenue and expenses have varied, the organization reported a significant increase in revenue to $504,687 in 2024, alongside controlled expenses of $204,147, leading to a substantial surplus. This indicates improved financial health and operational efficiency in the most recent period. The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer-driven leadership and efficient use of funds, contributing positively to its transparency and public trust.
Asset growth has been notable, increasing from $443,820 in 2020 to $796,667 in 2024, while liabilities have remained relatively low and stable, suggesting sound financial management and a healthy balance sheet. The consistent filing of IRS 990 forms over 14 periods demonstrates a commitment to transparency. The lack of reported officer compensation further reinforces a focus on mission over individual gain, which is a key aspect of financial health for a nonprofit.