MADISON LODGE BPOE NO 524-GENERAL

EIN: 350173463

MADISON, IN

Total Revenue
$82,146
Total Expenses
$114,628
Total Assets
$116,096
Net Assets
$104,555
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Principal Officer
JASON HANCOCK
Phone
8122652466
Tax Period
2024-04-01 to 2025-03-31

MADISON LODGE BPOE NO 524-GENERAL is a micro nonprofit that reported $82K in total revenue in fiscal year 2024. Expenses of $115K exceeded revenue, resulting in a 40% operating deficit.

Mission

TO INCULCATE THE PRINCIPLES OF CHARITY, JUSTICE, BROTHERLY LOVE AND FIDELITY; TO RECOGNIZE A BELIEF IN GOD; TO PROMOTE THE WELFARE AND ENHANCE THE HAPPINESS OF IT'S MEMBERS; TO QUICKEN THE SPIRIT OF AMERICAN PATRIOTISM; TO CULTIVATE GOOD FELLOWSHIP; TO PERPETUATE ITSELF AS A FRATERNAL ORGANZATION, AND TO PROVIDE FOR ITS GOVERNMENT, THE BENEVOLENT AND PROTECTIVE ORDER OF THE ELKS OF THE UNITED STATES OF AMERICA WILL SERVE THE PEOPLE AND COMMUNITIES THROUGH BENEVOLENT PROGRAMS, DEMONSTRATING THAT ELKS CARE AND ELKS SHARE.

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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 $28,833
Program Service Revenue $23,868
Investment Income $2,682
Other Revenue $26,763
TOTAL REVENUE $82,146

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $114,628
TOTAL EXPENSES $114,628

Year-over-Year Comparison

2024 2023 Change
Revenue $82,146 $85,113 0.0%
Expenses $114,628 $96,533 +0.2%
Net Income $-32,482 $-11,420 +1.8%
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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
N/A
Employees
N/A
Volunteers
11

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
10
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JASON HANCOCK EXALTED RULE 30.00
Officer
$0 $0 $0
TRACY MORRIS SECRETARY 10.00
Officer
$0 $0 $0
KIM SWENSON TREASURER 20.00
Officer
$0 $0 $0
SUSAN JOHNSON LEADING KNIG 20.00
Officer
$0 $0 $0
ROBERT ROUSE LOYAL KNIGHT 5.00
Officer
$0 $0 $0
PATRIC GUY LECTURING KN 5.00
Officer
$0 $0 $0
DAVID HERTZ TRUSTEE N/A
Officer Director
$0 $0 $0
ANTHONY NOVELLO TRUSTEE N/A
Officer Director
$0 $0 $0
CINDY QUICK TRUSTEE 2.00
Officer Director
$0 $0 $0
DEBORAH CIGANOVICH HEAD TRUSTEE 5.00
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 $82,146 $114,628 $116,096 $-32,482
2024 $85,113 $96,533 $145,950 $-11,420
2023 $84,304 $89,593 $161,628 $-5,289
2022 $112,866 $85,313 $174,494 $27,553
2021 $55,634 $72,252 $131,090 $-16,618
2020 $73,220 $110,398 $148,125 $-37,178
2019 $90,400 $142,344 $213,430 $-51,944
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