Benevolent & Protective Order Of Elks Of The USA 860 Twin Cities (EIN 160704501) - 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

1916

Legal Domicile

Principal Officer

Lawrence Denef

Phone

7166955100

Tax Period

2024-04-01 to 2025-03-31

Benevolent & Protective Order Of Elks Of The USA 860 Twin Cities, founded in 1916, is a small nonprofit that reported $191K in total revenue in fiscal year 2024. Revenue surged 43% from the prior year, signaling strong growth momentum. Expenses of $242K exceeded revenue, resulting in a 27% operating deficit.

Mission

COMMUNITY RELATIONS: ELKS INVEST IN THEIR COMMUNITIES THROUGH PROGRAMS THAT HELP CHILDREN GROW UP HEALTHY AND DRUG FREE, BY UNDERTAKING PROJECTS THAT ADDRESS UNMET NEEDS, AND BY HONORING THE SERVICE AND SACRIFICE OF OUR VETERANS.

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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 $12,524

Program Service Revenue $0

Investment Income $75,907

Other Revenue $102,359

TOTAL REVENUE $190,790

Expense Breakdown

Grants Paid $8,501

Salaries & Benefits $78,253

Fundraising Expenses $0

Program Expenses $226,026

Other Expenses $155,559

TOTAL EXPENSES $242,313

Year-over-Year Comparison

	2024	2023	Change
Revenue	$190,790	$133,878	+0.4%
Expenses	$242,313	$195,845	+0.2%
Net Income	$-51,523	$-61,967	-0.2%

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

137

Independent Members

137

Employees

N/A

Volunteers

N/A

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

$4,500

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Richard Watson	Trustee	5.00	Director	$0	$0	$0
Paul Ertel	Trustee	20.00	Director	$0	$0	$0
Robert Starr	Trustee	5.00	Director	$0	$0	$0
John White	Trustee	5.00	Director	$0	$0	$0
Joseph Cassata	Trustee	5.00	Director	$0	$0	$0
William Miles	Exalted Ruler	10.00	Director	$0	$0	$0
Hanni Klinger	Secretary	8.00	Officer	$2,100	$0	$2,100
Lawrence Denef	Treasurer	10.00	Officer	$2,400	$0	$2,400

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	$190,790	$242,313	$2,356,301	$-51,523
2024	$133,878	$195,845	$2,410,841	$-61,967
2023	$30,311	$79,305	$2,472,229	$-48,994
2022	$1,547,256	$66,021	$2,531,809	$1,481,235
2021	$35,652	$54,823	$1,036,580	$-19,171
2020	$90,622	$206,567	$1,056,263	$-115,945

Benevolent & Protective Order Of Elks Of The USA 860 Twin Cities