Alabama Elks Association Inc
EIN: 721372825 · Kellyton, AL · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $143K |
| Total Expenses | $140K |
| Net Assets | $276K |
Is Alabama Elks Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Alabama Elks Association Inc
Alabama Elks Association Inc (EIN: 721372825) is a nonprofit organization based in Kellyton, AL, classified under NTEE code P20. The organization reported total revenue of $143K and total assets of $314K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alabama Elks Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alabama Elks Association Inc is a small nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of -7.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $154K |
| Total Expenses | $140K |
| Surplus / Deficit | +$14K |
| Total Assets | $293K |
| Total Liabilities | $17K |
| Net Assets | $276K |
| Operating Margin | 9.2% |
| Debt-to-Asset Ratio | 5.8% |
| Months of Reserves | 25.1 months |
Financial Health Grade: A
In 2023, Alabama Elks Association Inc reported a surplus of $14K with revenue exceeding expenses, holds 25.1 months of operating reserves (strong position), has a debt-to-asset ratio of 5.8% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Alabama Elks Association Inc's revenue has declined at a compound annual growth rate (CAGR) of -7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.1% | +12.7% | +7.7% |
| 2022 | +17.7% | +44.3% | +15.2% |
| 2021 | -34.2% | -43.9% | +23.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Alabama Elks Association Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Alabama Elks Association Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $14K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.8%.
Frequently Asked Questions about Alabama Elks Association Inc
Is Alabama Elks Association Inc a legitimate charity?
Alabama Elks Association Inc (EIN: 721372825) is a registered tax-exempt nonprofit based in Alabama. It has 4 years of IRS 990 filings on record. Total revenue: $143K. No red flags identified. Financial health grade: A.
How does Alabama Elks Association Inc spend its money?
Alabama Elks Association Inc reported $143K in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Alabama Elks Association Inc tax-deductible?
Alabama Elks Association Inc is registered as a tax-exempt nonprofit (EIN: 721372825). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Alabama Elks Association Inc located?
Alabama Elks Association Inc is headquartered in Kellyton, Alabama and files with the IRS under EIN 721372825. It is classified under NTEE code P20.
How many years of IRS 990 filings does Alabama Elks Association Inc have?
Alabama Elks Association Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $143K in total revenue.
Filing History
IRS 990 filing history for Alabama Elks Association Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Alabama Elks Association Inc's revenue has declined by 20.9%, moving from $195K to $154K. Total assets increased by 52.6% over the same period, from $192K to $293K. Total functional expenses fell by 8.7%, from $153K to $140K. In its most recent filing year (2023), Alabama Elks Association Inc reported a surplus of $14K, with revenue exceeding expenses. The organization holds $17K in liabilities against $293K in assets (debt-to-asset ratio: 5.8%), resulting in net assets of $276K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $154K | $140K | $293K | $17K | — | View 990 |
| 2022 | $151K | $124K | $272K | $16K | — | View 990 |
| 2021 | $128K | $86K | $236K | $7K | — | — |
| 2020 | $195K | $153K | $192K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $154K, expenses of $140K, and assets of $293K (revenue +2.1% year-over-year).
- 2022: Revenue of $151K, expenses of $124K, and assets of $272K (revenue +17.7% year-over-year).
- 2021: Revenue of $128K, expenses of $86K, and assets of $236K (revenue -34.2% year-over-year).
- 2020: Revenue of $195K, expenses of $153K, and assets of $192K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alabama Elks Association Inc:
Data Sources and Methodology
This transparency report for Alabama Elks Association Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.