INDEPENDENT ORDER OF ODD FELLOWS GRAND LODGE OF OHIO

EIN: 310300255

SPRINGFIELD, OH

Total Revenue
$153,625
Total Expenses
$82,603
Total Assets
$1,576,383
Net Assets
$1,576,383
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1832
Legal Domicile
OH
Principal Officer
KENNETH TURNER
Phone
9373998631
Tax Period
2023-01-01 to 2023-12-31

INDEPENDENT ORDER OF ODD FELLOWS GRAND LODGE OF OHIO, founded in 1832, is a small nonprofit that reported $154K in total revenue in fiscal year 2023. Revenue surged 123% from the prior year, signaling strong growth momentum. The organization ran a surplus of $71K, a strong 46% operating margin.

Mission

THE PURPOSE OF THIS ORGANIZATION IS TO MUTUALLY BENEFIT ITS MEMBERS AND TO EXERCISE SUPERVISION OVER THE SUBORDINATE LODGES OF OHIO; TO HAVE GENERAL MANAGEMENT AND CONTROL OF ALL FUNDS OF THE GRAND LODGE; TO RECEIVE REAL OR PERSONAL PROPERTY BY GIFT, DEVISE, OR OTHERWISE; RECEIVE THE ASSETS OF DEFUNCT LODGES AND DISPOSE OF THE SAME AS MAY BE PROVIDED BY THE RULES AND REGULATIONS OF SAID ORDER; TO LEASE OR OTHERWISE DISPOSE OF, ANY PROPERTY BELONGING TO THE GRAND LODGE, AND TO RECOVER THE FISCAL ASSETS, MONEY, OR SECURITIES OF ANY DEFUNCT LODGE, OR ANY OTHER PROPERTY WHICH MAY, UNDER THE RULES OF THE ORDER, BELONG TO THE GRAND LODGE. THE GRAND LODGE OF THE INDEPENDENT ORDER OF ODD FELLOWS OF OHIO SHALL BE CONTROLLED AND GOVERNED BY THE REPRESENTATIVES ELECTED THERETO IN ACCORDANCE WITH THE LAWS OF THE ORDER, AND DURING THE TIME THAT THE GRAND LODGE IS NOT IN SESSION, IT SHALL BE UNDER THE CONTROL AND MANAGEMENT OF A BOARD OF TRUSTEES, WHICH SHALL BE PROVIDED ACCORDING TO THE METHOD PRES

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $115,542
Investment Income $34,570
Other Revenue $3,513
TOTAL REVENUE $153,625

Expense Breakdown

Grants Paid $0
Salaries & Benefits $32,852
Fundraising Expenses $0
Program Expenses $62,306
Other Expenses $49,751
TOTAL EXPENSES $82,603

Year-over-Year Comparison

2023 2022 Change
Revenue $153,625 $68,746 +1.2%
Expenses $82,603 $98,807 -0.2%
Net Income $71,022 $-30,061 -3.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
1
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
1
$0
Total Directors
7
$30,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PENNY CASTLE GRAND SECRET 35.00
Director
$30,000 $0 $30,000
TERRY ALEXANDER GRAND REPRES 0.25
Officer Director
$0 $0 $0
MARION F OWENS JR PAST GRAND M 0.25
Director
$0 $0 $0
PAUL MCAFEE GRAND TREASU 0.25
Director
$0 $0 $0
ROGER PARSON GRAND WARDEN N/A
Director
$0 $0 $0
C PAUL ROBINSON DEPUTY GRAND 0.25
Director
$0 $0 $0
KENNETH TURNER GRAND MASTER 0.25
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
2024 No data No data No data No data
2023 $153,625 $82,603 $1,576,383 $71,022
2022 $68,746 $98,807 $1,504,985 $-30,061
2021 $120,666 $76,386 $1,534,952 $44,280
2020 $142,791 $196,776 $1,416,725 $-53,985
2019 $145,088 $86,102 $1,044,861 $58,986
2018 $115,990 $95,745 $985,751 $20,245
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