AI Transparency Report
The Benevolent & Protective Order Of Elks Of The Usa demonstrates consistent financial growth over the past decade, with revenue increasing from $139,482 in 2011 to $1,280,839 in 2024. The organization consistently maintains a healthy asset base, reaching $4,231,687 in 2024, significantly exceeding its liabilities. This indicates strong financial stability and capacity. The organization's expenses have also grown, but generally at a slower pace than revenue, leading to positive net assets. For instance, in 2024, revenue was $1,280,839 against expenses of $849,506, showing a surplus.
Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to provide a precise efficiency ratio. However, the consistent surplus suggests that the organization is managing its overall expenditures effectively relative to its income. The absence of reported officer compensation across all available filings indicates a potential reliance on volunteer leadership or that compensation falls below reporting thresholds, which can be a positive sign for donor confidence regarding executive pay.
Transparency is generally good given the availability of multiple years of IRS 990 filings. The consistent reporting of zero officer compensation is a notable point for transparency. However, a more detailed breakdown of functional expenses (program, administrative, fundraising) within the 990s would further enhance transparency and allow for a more granular assessment of spending efficiency.