Benevolent & Protective Order of Elks 1608 (EIN 237213396) - 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

1960

Legal Domicile

Principal Officer

Fred Wasserman

Phone

7603261608

Tax Period

2024-04-01 to 2025-03-31

Benevolent & Protective Order of Elks 1608, founded in 1960, is a small nonprofit that reported $181K in total revenue in fiscal year 2024. Revenue surged 36% from the prior year, signaling strong growth momentum.

Mission

NEEDLES ELKS LODGE IS A FRATERNAL ORGANIZATION WHICH PROVIDES ACTIVITES TO ITS MEMBERS AND GUESTS. ALLOWING THE ORGANIZATION TO PROVIDE FUNDS FOR LOCAL YOUTH SCHOLARSHIPS AND THE OTHER COMMUNITY CHARITIES

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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 $9,500

Program Service Revenue $72,964

Investment Income $1,507

Other Revenue $97,321

TOTAL REVENUE $181,292

Expense Breakdown

Grants Paid $0

Salaries & Benefits $11,700

Fundraising Expenses $0

Other Expenses $172,939

TOTAL EXPENSES $184,639

Year-over-Year Comparison

	2024	2023	Change
Revenue	$181,292	$133,020	+0.4%
Expenses	$184,639	$132,122	+0.4%
Net Income	$-3,347	$898	-4.7%

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

N/A

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

$11,700

Total Directors

$11,700

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Adela Owensby	Secretary	3.00	Officer Director	$6,000	$0	$6,000
Fred Wasserman	Treasurer	5.00	Officer Director	$5,700	$0	$5,700
Barbara Earle	Esquire	0.00	Director	$0	$0	$0
Frank Anderson	Trustee	0.00	Director	$0	$0	$0
Michael Cummins	Leading Knight	0.00	Director	$0	$0	$0
Nancy Larkin	Chaplan	0.00	Director	$0	$0	$0
Gale Brodbeck	Trustee	0.00	Director	$0	$0	$0
Mike Thornton	Chairman	0.00	Director	$0	$0	$0
Jon McNeil	LecturingKnight	0.00	Director	$0	$0	$0
Brian Dooley	Exhaulted Ruler	0.00	Director	$0	$0	$0
Guy Pabst	Loyal Knight	0.00	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	$181,292	$184,639	$368,460	$-3,347
2024	$133,020	$132,122	$368,364	$898
2019	$35,223	$91,422	$332,549	$-56,199

Benevolent & Protective Order of Elks 1608