GREENSBORO LODGE NO 602 BPOE

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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

1912

Legal Domicile

Principal Officer

KEVIN BLACK

Phone

3362885100

Tax Period

2024-04-01 to 2025-03-31

GREENSBORO LODGE NO 602 BPOE, founded in 1912, is a small nonprofit that reported $683K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

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 ITS MEMBERS; TO QUICKEN THE SPIRIT OF AMERICAN PATRIOTISM; TO CULTIVATE GOOD FELLOWSHIP; TO PERPETUATE ITSELF AS A FRATERNAL ORGANIZATION, AND TO PROVIDE FOR ITS GOVERNMENT, THE BENEVOLENT AND PROTECTIVE ORDER OF ELKS OF THE UNITED STATES OF AMERICA WILL SERVE THE PEOPLE AND COMMUNITIES THROUGH BENEVOLENT PROGRAMS, DEMONSTRATING THAT ELKS CARE AND ELKS SHARE.

Program Service Accomplishments

Program 1

Expenses: $653,732

ELKS CREATE AND PARTICIPATE IN MANY PROGRAMS TO BETTER THEIR COMMUNITIES AND DEMONSTRATE THAT ELKS CARE AND ELKS SHARE. SOME OF THEIR LARGEST PROGRAMS INCLUDE YOUTH ACTIVITIES, VETERANS PROGRAMS, AND SCHOLARSHIPS. THE YOUTH PROGRAMS INCLUDE THE HOOP SHOOT, AMERICANISM ESSAY CONTEST, ANTLERS YOUTH GROUP AND VARIOUS OTHER YOUTH-ORIENTED ACTIVITIES. THE VETERANS PROGRAMS INCLUDE VARIOUS VISITS AND ACTIVITIES TO SUPPORT THE VETERANS WHO HAVE FOUGHT FOR OUR NATION, THE SERVANT CENTER AND THE VETERANS HISTORY PROJECT. THE SCHOLARSHIP PROGRAM PROVIDES SCHOLARSHIPS TO CERTAIN HIGH SCHOOL SENIORS GOING TO COLLEGE.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $355,686

Program Service Revenue $0

Investment Income $2,196

Other Revenue $325,576

TOTAL REVENUE $683,458

Expense Breakdown

Grants Paid $51,178

Salaries & Benefits $20,329

Fundraising Expenses $0

Program Expenses $653,732

Other Expenses $603,906

TOTAL EXPENSES $675,413

Year-over-Year Comparison

	2024	2023	Change
Revenue	$683,458	$592,124	+0.2%
Expenses	$675,413	$669,677	+0.0%
Net Income	$8,045	$-77,553	-1.1%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RONALD DICKSON	CHAIRMAN TRUSTEE	20.00	Officer Director	$0	$0	$0
STEVE CLARKE	TREASURER	20.00	Officer Director	$0	$0	$0
MARTYE BRANDENBURG	EST LECTURING KNIGHT	20.00	Officer Director	$0	$0	$0
STEVEN BARROW	TRUSTEE	5.00	Director	$0	$0	$0
KEVIN BLACK	EXALTED RULER	20.00	Officer Director	$0	$0	$0
DENNIS DOWLING	ESTEEMED LEADING KNIGHT	20.00	Officer Director	$0	$0	$0
DONNIE PREVO	ESTEEMED LOYAL KNIGHT	20.00	Officer Director	$0	$0	$0
JERRY PETERS	TRUSTEE	5.00	Director	$0	$0	$0
DAVID DEAN	TRUSTEE	5.00	Director	$0	$0	$0
LARRY SHAVER	TRUSTEE	5.00	Director	$0	$0	$0
DICKSON LANE	ESQUIRE	5.00	Officer	$0	$0	$0
JACQUE YUNKER	TILER	5.00	Officer	$0	$0	$0
KATHY WILSON	CHAPLAIN	5.00	Officer	$0	$0	$0
CLAUDE DE RUSHIA	INNER GUARD	5.00	Officer	$0	$0	$0
BILL CASSELL	PRESIDING JUDGE	5.00	Officer	$0	$0	$0
JONI PARK	SECRETARY	5.00	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
2026	No data	No data	No data	No data
2025	$683,458	$675,413	$1,695,194	$8,045
2024	$592,124	$669,677	$1,124,264	$-77,553
2023	$607,669	$718,305	$1,286,501	$-110,636
2022	$764,326	$652,764	$1,470,722	$111,562
2021	$555,420	$504,163	$1,396,437	$51,257