Is Fraternal Order Of Eagles Legit?

The Fraternal Order Of Eagles in Gardiner, ME, demonstrates consistent financial activity, with revenues and expenses generally in the range of $170,000 to $270,000 over the past decade. The organization's assets have remained relatively stable, hovering around $550,000 to $760,000, indicating a steady operational base. In the most recent filing (202305), the organization reported expenses exceeding revenue by $11,645 ($228,843 expenses vs. $217,198 revenue), a slight deficit that warrants monitoring but is not immediately alarming given the overall asset base. The organization consistently reports 0% officer compensation, which suggests a volunteer-driven leadership structure and contributes positively to its spending efficiency by reducing administrative overhead. While the provided data lacks a detailed breakdown of program, administrative, and fundraising expenses, the absence of officer compensation is a strong indicator of efficient use of funds at the leadership level. The organization's liabilities have fluctuated, reaching a high of $212,262 in 202005 and currently standing at $188,070 in 202305, which is manageable relative to its assets of $551,713. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory compliance and financial transparency, allowing for public scrutiny of its financial operations. Overall, the Fraternal Order Of Eagles appears to be a financially stable organization with a long history of operations. Its consistent revenue streams, stable asset base, and lack of paid executive compensation point towards a lean operational model. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a complete assessment of spending efficiency is challenging. The slight deficit in the latest period is a minor concern, but the organization's overall financial health appears sound.