Benevolent and Protective Order of Elks Richmond

EIN: 540138693

Glen Allen, VA

Total Revenue
$176,381
Total Expenses
$195,386
Total Assets
$3,762,454
Net Assets
$3,739,457
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1905
Legal Domicile
VA
Principal Officer
Brenda Homes
Tax Period
2024-04-01 to 2025-03-31

Benevolent and Protective Order of Elks Richmond, founded in 1905, is a small nonprofit that reported $134K in total revenue in fiscal year 2018. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $31K, a strong 23% operating margin.

Mission

The lodge is a fraternal organization operating under a lodge system and its primary purposes are charitable and fraternal. The lodge provides benefits exclusively to members and bon fide guests.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $14,128
Program Service Revenue $51,560
Investment Income $96,059
Other Revenue $14,634
TOTAL REVENUE $176,381

Expense Breakdown

Grants Paid $0
Salaries & Benefits $12,638
Fundraising Expenses $0
Program Expenses $97,269
Other Expenses $182,748
TOTAL EXPENSES $195,386

Year-over-Year Comparison

2024 2023 Change
Revenue $176,381 $107,261 +0.6%
Expenses $195,386 $117,442 +0.7%
Net Income $-19,005 $-10,181 +0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
13
Employees
2
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
10
$9,600
Total Directors
7
$0
Key Employees
1
$7,200
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Faye Willard Secretary 030.00
Officer Key Emp
$7,200 $0 $7,200
Margi Wright Treasurer 008.00
Officer
$2,400 $0 $2,400
Brenda Holmes Director 010.00
Officer Director
$0 $0 $0
Matt Gorman Leading Knight 010.00
Officer Director
$0 $0 $0
Roxanne Lockett Loyal Knight 010.00
Officer Director
$0 $0 $0
Leslie Darlington Lecturing Knight 010.00
Officer Director
$0 $0 $0
Joanne White Trustee 010.00
Director
$0 $0 $0
Steve Clifton Trustee 010.00
Director
$0 $0 $0
Barry Thompson Trustee 010.00
Director
$0 $0 $0
Grady Orr Esquire 010.00
Officer
$0 $0 $0
Dee Hunter Chaplain 010.00
Officer
$0 $0 $0
Robin Stanley Inner Guard 010.00
Officer
$0 $0 $0
Ed Travers Tiler 010.00
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 $176,381 $195,386 $3,762,454 $-19,005
2024 $107,261 $117,442 $3,778,108 $-10,181
2023 $136,361 $126,073 $3,789,033 $10,288
2022 $115,334 $141,268 $3,778,782 $-25,934
2021 $690,946 $122,555 $3,806,204 $568,391
2020 $2,972,308 $92,646 $3,236,309 $2,879,662
2019 $133,685 $102,302 $356,858 $31,383
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