BENEVOLENT & PROTECTIVE ORDER OF ELKS MADISONVILLE LODGE NO 738

EIN: 610398025

MADISONVILLE, KY

Total Revenue
$584,045
Total Expenses
$224,177
Total Assets
$616,094
Net Assets
$584,109
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
KY
Principal Officer
SONDA BONE
Phone
2708213702
Tax Period
2024-04-01 to 2025-03-31

BENEVOLENT & PROTECTIVE ORDER OF ELKS MADISONVILLE LODGE NO 738, founded in 1988, is a small nonprofit that reported $584K in total revenue in fiscal year 2024. Revenue surged 266% from the prior year, signaling strong growth momentum. The organization ran a surplus of $360K, a strong 62% operating margin.

Mission

THE ORGANIZATION'S PRIMARY MISSION IS TO FACILITATE A FRATERNAL ENVIRONMENT FOR ITS MEMBERS, AS WELL AS TO CONTRIBUTE TO THE BETTERMENT OF INDIVIDUALS AND THE COMMUNITY THROUGH CHARITABLE ACTIVITIES.

Program Service Accomplishments

Program 1
Expenses: $209,970

PROGRAM SERVICE EXPENSES WERE COMPRISED OF CONTRIBUTIONS TO SUPPORT VARIOUS LOCAL CHARITABLE PROGRAMS. GRANTS WERE ALLOCATED TO HELP PROMOTE DRUG AWARENESS, SHOP WITH A COP, PROJECT GRADUATION, YOUTH...

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PROGRAM SERVICE EXPENSES WERE COMPRISED OF CONTRIBUTIONS TO SUPPORT VARIOUS LOCAL CHARITABLE PROGRAMS. GRANTS WERE ALLOCATED TO HELP PROMOTE DRUG AWARENESS, SHOP WITH A COP, PROJECT GRADUATION, YOUTH ATHLETICS, KIDS WITH CANCER & VARIOUS OTHER LOCAL YOUTH ASSISTANCE PROGRAMS. OTHER EXPENSES INCURRED WERE OPERATIONAL COSTS OF THE ENTITY & ITS FACILITIES, WHICH ENABLED THE PROMOTION OF ITS CHARITABLE GOALS.

Program 2
Expenses: $11,055

FOOD BASKETS WERE PROVIDED TO NUMEROUS NON-MEMBER INDIVIDUALS, MOST WITH FAMILIES, FOR THE CHRISTMAS HOLIDAY. ELIGIBLE RECIPIENTS' NAMES WERE SUBMITTED BY MEMBERS FOR APPROVAL PRIOR TO PURCHASE &...

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FOOD BASKETS WERE PROVIDED TO NUMEROUS NON-MEMBER INDIVIDUALS, MOST WITH FAMILIES, FOR THE CHRISTMAS HOLIDAY. ELIGIBLE RECIPIENTS' NAMES WERE SUBMITTED BY MEMBERS FOR APPROVAL PRIOR TO PURCHASE & DELIVERY TO RECIPIENTS.

Program 3
Expenses: $3,152

MEALS WERE PROVIDED TO INVIVIDUALS EXPERIENCING FOOD INSECURITY IN THE LOCAL AREA. A MEAL IS PREPARED BY VOLUNTEERS ON THE 4TH SATURDAY OF EACH MONTH. THIS INITIATIVE IS KNOW AS FEED THE HUNGRY AND...

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MEALS WERE PROVIDED TO INVIVIDUALS EXPERIENCING FOOD INSECURITY IN THE LOCAL AREA. A MEAL IS PREPARED BY VOLUNTEERS ON THE 4TH SATURDAY OF EACH MONTH. THIS INITIATIVE IS KNOW AS FEED THE HUNGRY AND CURRENTLY FEEDS AN ESTIMATED 300 INDIVIDUALS PER EVENT.

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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 $0
Program Service Revenue $76,028
Investment Income $165,916
Other Revenue $342,101
TOTAL REVENUE $584,045

Expense Breakdown

Grants Paid $43,017
Salaries & Benefits $78,601
Fundraising Expenses $0
Program Expenses $224,177
Other Expenses $102,559
TOTAL EXPENSES $224,177

Year-over-Year Comparison

2024 2023 Change
Revenue $584,045 $159,621 +2.7%
Expenses $224,177 $183,580 +0.2%
Net Income $359,868 $-23,959 -16.0%
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
10
Volunteers
105

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
5
$11,280
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HEATHER NICHOLS SECRETARY 10.00
Officer
$4,800 $0 $4,800
BARBARA DUVALL TREASURER 20.00
Officer
$3,240 $0 $3,240
LAYNE SMITH TREASURER 20.00
Officer
$3,240 $0 $3,240
MIKE LEWIS TRUSTEE 2.00
Director
$0 $0 $0
RANDY ORTEN TRUSTEE 2.00
Director
$0 $0 $0
ERIK STOKES TRUSTEE 2.00
Director
$0 $0 $0
TERRI FLETCHER LOYAL KNIGHT 2.00
Director
$0 $0 $0
TERSEA SISK LECTURING KNIGH 2.00
Director
$0 $0 $0
JAMES BONE TRUSTEE 2.00
Director
$0 $0 $0
LEROY PHELPS TRUSTEE 2.00
Director
$0 $0 $0
SONDA BONE EXALTED RULER 18.00
Officer
$0 $0 $0
KAYTLEN DAME LEADING KNIGHT 2.00
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 $584,045 $224,177 $616,094 $359,868
2024 $159,621 $183,580 $243,526 $-23,959
2023 $173,397 $156,949 $243,120 $16,448
2022 $139,751 $135,304 $240,720 $4,447
2021 $93,795 $111,396 $238,523 $-17,601
2020 $142,143 $161,792 $207,854 $-19,649
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