BPOE #622 ANNAPOLIS ELKS LODGE

EIN: 520303570

EDGEWATER, MD

Total Revenue
$517,849
Total Expenses
$489,501
Total Assets
$2,868,610
Net Assets
$2,737,917
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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
1988
Legal Domicile
MD
Principal Officer
MARY BETH ANNE CHIPKEVICH
Phone
4105730201
Tax Period
2024-04-01 to 2025-03-31

BPOE #622 ANNAPOLIS ELKS LODGE, founded in 1988, is a small nonprofit that reported $518K in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $490K left a modest 5% surplus.

Mission

THE LODGE IS A FRATERNAL ORGANIZATION WHICH OPERATES A FACILITY FOR THE USE OF ITS MEMBERS AND GUEST AND IS TAX EXEMPT

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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 $115,113
Program Service Revenue $13,620
Investment Income $12,450
Other Revenue $376,666
TOTAL REVENUE $517,849

Expense Breakdown

Grants Paid $0
Salaries & Benefits $136,153
Fundraising Expenses $0
Other Expenses $353,348
TOTAL EXPENSES $489,501

Year-over-Year Comparison

2024 2023 Change
Revenue $517,849 $435,351 +0.2%
Expenses $489,501 $447,091 +0.1%
Net Income $28,348 $-11,740 -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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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
13
Independent Members
13
Employees
14
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
8
$18,000
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK WALP TRUSTEE (CHAIRMAN) 3.00
Director
$0 $0 $0
WAYNE BAYLY TRUSTEE 3.00
Director
$0 $0 $0
GRADY BANISTER TRUSTEE 3.00
Director
$0 $0 $0
FRANK JONES TRUSTEE 3.00
Director
$0 $0 $0
JIM WHALEN TRUSTEE 3.00
Director
$0 $0 $0
JOANNIE COLEMAN-CASEY EXALTED RULER 10.00
Officer
$0 $0 $0
MARY BETH A CHIPKEVICH TREASURER 15.00
Officer
$9,000 $0 $9,000
KIM GRIMSLEY SECRETARY 15.00
Officer
$9,000 $0 $9,000
DANA FORNEY LEADING KNIGHT 3.00
Officer
$0 $0 $0
CLIFF KUHN LECTURING KNIGHT 3.00
Officer
$0 $0 $0
WILLIAM GRIMSLEY LOYAL KNIGHT 3.00
Officer
$0 $0 $0
ROBERT SCHELIN ESQUIRE 3.00
Officer
$0 $0 $0
TARELL SPRIGGS HOUSE COMMITTEE CHAIRMAN 3.00
Officer
$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 $517,849 $489,501 $2,868,610 $28,348
2024 $435,351 $447,091 $2,863,203 $-11,740
2023 $303,105 $375,674 $2,880,473 $-72,569
2022 $276,335 $339,662 $2,971,655 $-63,327
2021 $114,763 $245,271 $2,903,879 $-130,508
2020 $278,930 $271,448 $3,066,648 $7,482
2019 $194,766 $283,316 $3,169,507 $-88,550
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