AI Transparency Report
The Benevolent & Protective Order Of Elks Of The Usa (EIN: 220909574) demonstrates consistent financial growth over the past decade, with revenue increasing from $103,772 in 2015 to $162,968 in 2024, and assets growing from $387,826 to $517,865 in the same period. This indicates a stable financial position and an ability to build reserves. The organization consistently reports zero officer compensation, which suggests a volunteer-driven leadership structure, enhancing its spending efficiency by directing more funds towards its mission rather than executive salaries.
However, without detailed expense breakdowns beyond total expenses, it's challenging to fully assess spending efficiency in terms of program, administrative, and fundraising costs. The organization's liabilities have seen an increase, from $2,943 in 2015 to $43,633 in 2024, which, while still a small fraction of assets, warrants monitoring. The lack of a specific NTEE code also makes it difficult to benchmark its financial performance against similar organizations.
Overall, the organization appears financially healthy with a positive trend in revenue and assets. Its transparency is good regarding executive compensation, but a more detailed breakdown of expenses would provide greater insight into its operational efficiency and program impact. The consistent positive net income in most recent years (e.g., $4,008 in 2024, $29,066 in 2023) further supports its financial stability.