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

The Benevolent & Protective Order Of Elks Of The Usa, Pt Pleas Bch, NJ, demonstrates consistent financial activity, with revenues generally exceeding expenses in recent years, leading to a steady growth in assets. For instance, in the 202403 period, revenue was $341,785 against expenses of $266,253, contributing to an asset base of $410,003. The organization has maintained a healthy financial position, with assets consistently higher than liabilities, indicating good solvency. Liabilities in 202403 were $101,882, significantly less than assets. The organization's financial health appears stable, with a positive trend in revenue and asset accumulation over the past several years. There is no reported officer compensation, which suggests a volunteer-driven leadership structure, potentially maximizing funds available for programs. This lack of reported compensation also contributes to a high degree of transparency regarding how funds are allocated, as a significant portion is not diverted to executive salaries. Given the NTEE code Y41, which typically relates to fraternal organizations, the financial data suggests a well-managed entity that is effectively sustaining its operations and growing its financial reserves. The consistent filing of IRS 990 forms over 13 periods further indicates a commitment to transparency and regulatory compliance.