BENEVOLENT AND PROTECTIVE ORDER OF ELKS NO 351

EIN: 540604449

STAUNTON, VA

Total Revenue
$504,567
Total Expenses
$502,709
Total Assets
$692,829
Net Assets
$652,960
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Financial Trends

Organization Details

Formation Year
1950
Legal Domicile
VA
Principal Officer
CHARLES E ARCHER
Phone
5402803942
Tax Period
2024-04-01 to 2025-03-31

BENEVOLENT AND PROTECTIVE ORDER OF ELKS NO 351, founded in 1950, is a small nonprofit that reported $372K in total revenue in fiscal year 2018. Revenue surged 23% from the prior year, signaling strong growth momentum. The organization ran a surplus of $95K, a strong 25% operating margin.

Mission

TO INCULCATE THE PRINCIPLES OF CHARITY, JUSTICE, BROTHERLY LOVE AND FIDELITY; TO RECOGNIZE A BELIEF IN GOD; TO PROMOTE WELFARE AND ENHANCE THE HAPPINESS OF ITS MEMEBERS; TO QUICKEN THE SPIRIT OF AMERICAN PATRIOTISM; TO SERVE THE COMMUNITY.

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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 $47,285
Program Service Revenue $269,483
Investment Income $71
Other Revenue $187,728
TOTAL REVENUE $504,567

Expense Breakdown

Grants Paid $0
Salaries & Benefits $141,882
Fundraising Expenses $0
Other Expenses $360,827
TOTAL EXPENSES $502,709

Year-over-Year Comparison

2024 2023 Change
Revenue $504,567 $479,698 +0.1%
Expenses $502,709 $488,039 +0.0%
Net Income $1,858 $-8,341 -1.2%
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
5
Independent Members
5
Employees
7
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
$7,095
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLES E ARCHER Secretary 15.00
Officer
$7,095 $0 $7,095
T DENISE COTTER Trustee 0.00
Director
$0 $0 $0
RONALD B GARBER Trustee 0.00
Director
$0 $0 $0
CHARLOTTE F FITZGERALD Trustee 0.00
Director
$0 $0 $0
VONDA L LACEY CHAPLAIN 0.00
Director
$0 $0 $0
JEFFERY O WAGNER INNER GUARD 0.00
Director
$0 $0 $0
W RADER DOD II EXALTED RULER 0.00
Officer
$0 $0 $0
MICHAEL LAFFERTY LEADING KNIGHT 0.00
Officer
$0 $0 $0
ODONNELL E ECKERT JR LOYAL KNIGHT 0.00
Officer
$0 $0 $0
TERESA G WHITESELL Treasurer 1.00
Officer
$0 $0 $0
BARTON GIBSON LCTRNG KNIGHT 0.00
Officer
$0 $0 $0
T ERIC COBB Trustee 0.00
Officer
$0 $0 $0
BECKY T KELLY Trustee 0.00
Officer
$0 $0 $0
JOSEPH A MADER TILER 0.00
Officer
$0 $0 $0
EDGAR JONES III ESQUIRE 0.00
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 $504,567 $502,709 $692,829 $1,858
2024 $479,698 $488,039 $660,101 $-8,341
2023 $479,103 $449,795 $674,651 $29,308
2022 $412,906 $381,699 $651,641 $31,207
2021 $229,057 $257,965 $609,256 $-28,908
2020 $250,436 $264,533 $634,084 $-14,097
2019 $372,350 $277,528 $757,564 $94,822
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