AI Transparency Report
The Benevolent & Protective Order Of Elks Of The Usa, Red Bank, NJ, demonstrates a consistent operational pattern with revenues generally exceeding or closely matching expenses in recent years. For instance, in the 202403 period, revenue was $310,946 against expenses of $307,636, indicating a slight surplus. The organization's assets have shown growth, increasing from $227,460 in 202203 to $294,643 in 202403, suggesting a stable financial position. Liabilities have also seen an increase, from $25,190 in 202203 to $60,292 in 202403, which warrants monitoring but does not appear to be disproportionate to asset growth.
Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to provide a precise assessment. However, the consistent operational surpluses in recent periods (e.g., $3,310 in 202403 and $28,770 in 202303) suggest effective management of overall expenditures relative to income. The organization reports 0% officer compensation across all available filings, which is a strong indicator of volunteer leadership and potentially lower administrative overhead, contributing positively to spending efficiency.
In terms of transparency, the organization has a robust filing history with 13 IRS 990 filings, demonstrating a commitment to public disclosure. The consistent reporting of 0% officer compensation is a key transparency point. However, the lack of a specified NTEE code makes it difficult to benchmark its activities against similar organizations, and without a detailed functional expense breakdown, a full assessment of program spending versus other costs is not possible from the provided data.