Lubbock Elks Lodge 1348

EIN: 750780188

Lubbock, TX

Total Revenue
$165,593
Total Expenses
$181,412
Total Assets
$1,795,643
Net Assets
$1,709,686
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1957
Legal Domicile
TX
Principal Officer
Kevin Rains
Phone
8067924821
Tax Period
2024-04-01 to 2025-03-31

Lubbock Elks Lodge 1348, founded in 1957, is a small nonprofit that reported $166K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Net assets of $1.7M represent 124 months of operating reserves.

Mission

To carry on fraternal activities under the Lodge system, the net income of which is used exclusively for benevolent and charitable purposes. This is accomplished through youth activities, drug awareness, youth scholarship, assistance to local charities, veteran programs, Americanism, and support to State Major Project.

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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 $40,989
Program Service Revenue $0
Investment Income $234
Other Revenue $124,370
TOTAL REVENUE $165,593

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $181,412
TOTAL EXPENSES $181,412

Year-over-Year Comparison

2024 2023 Change
Revenue $165,593 $139,970 +0.2%
Expenses $181,412 $210,959 -0.1%
Net Income $-15,819 $-70,989 -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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
11
Employees
17
Volunteers
320

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
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David Villalobos Jr Trustee 1.00
Director
$0 $0 $0
Gindy Rains Trustee 1.00
Director
$0 $0 $0
Steve Russell Trustee 1.00
Director
$0 $0 $0
Roger Nash Trustee 1.00
Director
$0 $0 $0
Joe Mike Foix Trustee 1.00
Director
$0 $0 $0
Kevin Rains Exalted Ruler 10.00
Officer
$0 $0 $0
Staci Foix Leading Knight 1.00
Officer
$0 $0 $0
Lloyd Foo Loyal Knight 1.00
Officer
$0 $0 $0
Rachel Kingston Lecturing Knight 1.00
Officer
$0 $0 $0
Kathy Mullins Secretary 10.00
Officer
$0 $0 $0
Deborah Evans Treasurer 10.00
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 $165,593 $181,412 $1,795,643 $-15,819
2024 $139,970 $210,959 $1,812,873 $-70,989
2023 $140,854 $186,930 $1,979,399 $-46,076
2022 $275,800 $174,198 $1,919,820 $101,602
2021 $119,151 $104,000 $1,769,850 $15,151
2020 $159,397 $156,493 $1,691,171 $2,904
2019 $194,280 $193,650 $1,721,713 $630
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