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

The Benevolent & Protective Order Of Elks Of The Usa, Bordentown, NJ, demonstrates consistent financial activity with revenues generally exceeding expenses, contributing to a steady growth in assets. For instance, in the 202403 period, revenue was $580,347 against expenses of $535,556, resulting in a surplus. The organization's assets have grown from $738,500 in 201603 to $995,947 in 202403, indicating sound financial management and accumulation of resources. Liabilities have remained manageable relative to assets, with the latest filing showing $148,182 in liabilities against nearly $1 million in assets. Spending efficiency appears reasonable, though specific program spending details are not provided in the summary data. However, the consistent surplus suggests that the organization is not overspending. A notable aspect of this organization's financial structure is the reported 0% officer compensation across all available filings, which is highly unusual for an organization of this size and suggests either a fully volunteer-led executive team or that compensation is reported under different categories not captured in the 'Officer Comp' field. This lack of reported executive compensation, while potentially positive for resource allocation, could also raise questions about the completeness of compensation disclosure if executives are indeed compensated through other means. Overall, the organization appears financially stable with growing assets and controlled expenses. The absence of reported officer compensation is a significant factor in its financial profile, potentially indicating a high degree of volunteerism or a need for more detailed compensation transparency.