AI Transparency Report
The Benevolent & Protective Order Of Elks Of The Usa (Galloway, NJ) demonstrates a consistent operational pattern over the past decade, with revenues generally exceeding expenses in most years, contributing to a gradual increase in assets. For instance, in 2021, revenue was $93,009 against expenses of $76,440, and in 2020, revenue was $100,365 against expenses of $88,576. However, the most recent filings for 2023 and 2024 show expenses exceeding revenue, with 2024 reporting $132,377 in expenses against $122,226 in revenue, and 2023 showing $107,056 in expenses against $72,485 in revenue. This recent trend of operating at a deficit warrants closer examination.
The organization's financial health appears stable with assets consistently higher than liabilities, indicating a solid equity position. For example, in 2024, assets were $581,808 compared to liabilities of $405,357. The consistent reporting of 0% officer compensation across all available filings suggests a volunteer-driven leadership structure, which can be a positive indicator of efficiency and dedication to mission. However, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency and program focus. The NTEE code being unknown also limits a clear understanding of its specific charitable focus.