Benevolent and Protective Order of Elks

EIN: 220764380

Bridgewater, NJ

Total Revenue
$1,743,484
Total Expenses
$1,564,531
Total Assets
$3,055,562
Net Assets
$2,786,963
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Phone
9087224634
Tax Period
2024-04-01 to 2025-03-31

Benevolent and Protective Order of Elks is a community nonprofit that reported $1.7M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $1.6M left a modest 10% surplus.

Mission

THE LODGE IS ORGANIZED AS A CLUB FOR CHARITABLE, CIVIC, AND FRATERNAL PURPOSES. THE ORGANIZATION'S FRATERNAL BENEFIT INCLUDES A CLUB FOR MEMBERS TO SOCIALIZE IN AND ARRANGE OTHER RECREATIONAL ACTIVITIES. THE CHARITABLE ACTIVITIES PROVIDE SUPPORT AND SUBSIDY TO THE HANDICAPPED CHILDREN'S PROGRAMS RUN AT IT FACILITIES AND TO VARIOUS FAMILIES AND INDIVIDUALS DEALING WITH CHILDREN OR LOVED ONES WITH SEVERE HANDICAPS OR MEDICAL ISSUES. THE LODGE'S CIVIC ACTIVITIES HELP PROMOTE COMMUNITY PROGRAMS FOR THE BENEFIT OF THE COMMUNITY AT LARGE.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $143,207
Program Service Revenue $79,772
Investment Income $66,146
Other Revenue $1,454,359
TOTAL REVENUE $1,743,484

Expense Breakdown

Grants Paid $23,535
Salaries & Benefits $521,102
Fundraising Expenses $0
Other Expenses $1,019,894
TOTAL EXPENSES $1,564,531

Year-over-Year Comparison

2024 2023 Change
Revenue $1,743,484 $1,530,418 +0.1%
Expenses $1,564,531 $1,360,632 +0.1%
Net Income $178,953 $169,786 +0.1%
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

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Governance

Voting Members
8
Independent Members
8
Employees
44
Volunteers
50

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
5
$40,008
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jenny Sargent Banquet Manager 60.00
$100,606 $0 $100,606
Wallace Ferreira Secretary 20.00
Officer
$20,004 $0 $20,004
Morton Lazarus Treasurer 20.00
Officer
$20,004 $0 $20,004
Adelina Bogan-Pelican Frmr Exalt Rule 10.00
Officer Director
$0 $0 $0
Joseph Keating Trustee 10.00
Director
$0 $0 $0
Carmen Rotella Trustee 10.00
Director
$0 $0 $0
Jim Daley Trustee 10.00
Director
$0 $0 $0
Brian Brennan Chairman 10.00
Officer Director
$0 $0 $0
John Hegedus Trustee 10.00
Director
$0 $0 $0
Connor Grade Exalted Ruler 10.00
Officer Director
$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 $1,743,484 $1,564,531 $3,055,562 $178,953
2024 $1,530,418 $1,360,632 $2,797,662 $169,786
2023 $1,451,480 $1,356,955 $2,717,863 $94,525
2022 $1,033,749 $942,454 $2,559,461 $91,295
2021 $339,816 $740,235 $2,421,438 $-400,419
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