MARSHALL COUNTY ELKS LODGE INC NO 2707

EIN: 611094309

BENTON, KY

Total Revenue
$705,119
Total Expenses
$685,453
Total Assets
$777,627
Net Assets
$675,962
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
KY
Principal Officer
DONNY LEONARD
Phone
2705595818
Tax Period
2024-04-01 to 2025-03-31

MARSHALL COUNTY ELKS LODGE INC NO 2707, founded in 1990, is a small nonprofit that reported $705K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

TO INCLUCATE 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 THE ELKS OF THE UNITED STATES OF AMERICA WILL SERVE THE PEOPLE AND OMMUNITIES THROUGH BENEVOLENT PROGRAMS, DEMONSTRATING THE ELKS CARE AND ELKS SHARE.

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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 $105,377
Program Service Revenue $404,263
Investment Income $17,435
Other Revenue $178,044
TOTAL REVENUE $705,119

Expense Breakdown

Grants Paid $169,847
Salaries & Benefits $101,847
Fundraising Expenses $0
Other Expenses $413,759
TOTAL EXPENSES $685,453

Year-over-Year Comparison

2024 2023 Change
Revenue $705,119 $637,081 +0.1%
Expenses $685,453 $553,642 +0.2%
Net Income $19,666 $83,439 -0.8%
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

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
13
Volunteers
100

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
6
$10,800
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TERI NIMMO TREASURER 10.00
Officer
$5,400 $0 $5,400
LORI TRAVIS SECRETARY 5.00
Officer
$5,400 $0 $5,400
DORA CARLSON TRUSTEE 2.00
Director
$0 $0 $0
SHAWN HOWARD TRUSTEE 2.00
Director
$0 $0 $0
JEFF NIMMO TRUSTEE 2.00
Director
$0 $0 $0
BOBBY CHILDRESS LEADING KNIG 5.00
Officer
$0 $0 $0
BRENDA ENGLISH LOYAL KNIGHT 5.00
Officer
$0 $0 $0
DONNY LEONARD EXALTED RULE 10.00
Officer
$0 $0 $0
JAY RILEY LECTURING KN 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
2025 $705,119 $685,453 $777,627 $19,666
2024 $637,081 $553,642 $824,682 $83,439
2023 $545,252 $528,639 $708,030 $16,613
2022 $556,661 $523,364 $724,924 $33,297
2021 $419,333 $372,824 $596,610 $46,509
2020 $492,160 $493,099 $494,941 $-939
2019 $529,886 $501,134 $518,909 $28,752
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