MILFORD ELKS LODGE NO 1589 INC (EIN 060616681) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1992

Legal Domicile

Principal Officer

KELLY O'HARA

Phone

2038741589

Tax Period

2024-04-01 to 2025-03-31

MILFORD ELKS LODGE NO 1589 INC, founded in 1992, is a small nonprofit that reported $308K in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. The organization ran a surplus of $74K, a strong 24% operating margin.

Mission

The Lodge is a local affiliate Lodge of a National Fraternal Organization of Elks dedicated to helping with local community projects and assisting whenever needed in order to encourage good fellowship.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $100,456

Program Service Revenue $65,240

Investment Income $24

Other Revenue $142,780

TOTAL REVENUE $308,500

Expense Breakdown

Grants Paid $0

Salaries & Benefits $44,475

Fundraising Expenses $0

Other Expenses $189,532

TOTAL EXPENSES $234,007

Year-over-Year Comparison

	2024	2023	Change
Revenue	$308,500	$241,878	+0.3%
Expenses	$234,007	$206,301	+0.1%
Net Income	$74,493	$35,577	+1.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFFREY HALL	TRUSTEE	10.00	Director	$0	$0	$0
DANETTE CONTARAS	TRUSTEE	10.00	Director	$0	$0	$0
JENNIFER PASKIEWICZ	LEADING KNIGHT	1.00	Director	$0	$0	$0
SARAH MUOIO	LECTURING KNIGHT	1.00	Director	$0	$0	$0
JOSEPH LETO	TRUSTEE	1.00	Director	$0	$0	$0
DAVID WILLIAMS	TRUSTEE	10.00	Officer	$0	$0	$0
JOSEPH MAGER III	TRUSTEE	1.00	Officer	$0	$0	$0
JIM GARFIELD	EXALTED RULER	1.00	Officer	$0	$0	$0
MARY GARFIELD	LOYAL KNIGHT	1.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$308,500	$234,007	$340,788	$74,493
2024	$241,878	$206,301	$255,417	$35,577
2023	$221,669	$201,928	$210,018	$19,741
2022	$220,873	$163,707	$195,374	$57,166
2021	$119,822	$116,937	$129,380	$2,885
2020	$170,808	$174,154	$128,634	$-3,346
2019	$154,324	$130,397	$143,392	$23,927
2018	$66,384	$151,939	$141,163	$-85,555

MILFORD ELKS LODGE NO 1589 INC