OCEAN SHORES NORTH BEACH BPOE #2581

EIN: 911051201

OCEAN SHORES, WA

Total Revenue
$256,233
Total Expenses
$201,349
Total Assets
$345,239
Net Assets
$255,123
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1951
Legal Domicile
WA
Principal Officer
EDWARD YURCHICK
Phone
3602892581
Tax Period
2024-04-01 to 2025-03-31

OCEAN SHORES NORTH BEACH BPOE #2581, founded in 1951, is a small nonprofit that reported $256K in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $55K, a strong 21% operating margin.

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 PERPETRATE ITSELF AS A FRATERNAL ORGANIZATION, AND TO PROVIDE FOR ITS GOVERNMENT, THE BENEVOLENT AND PROTECTIVE ORDER OF ELKS WILL SERVE THE PEOPLE AND COMMUNITIES THROUGH BENEVOLENT PROGRAMS, DEMONSTRATING THAT 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 $77,234
Program Service Revenue $51,032
Investment Income $726
Other Revenue $127,241
TOTAL REVENUE $256,233

Expense Breakdown

Grants Paid $16,334
Salaries & Benefits $37,673
Fundraising Expenses $0
Program Expenses $201,349
Other Expenses $147,342
TOTAL EXPENSES $201,349

Year-over-Year Comparison

2024 2023 Change
Revenue $256,233 $191,532 +0.3%
Expenses $201,349 $190,481 +0.1%
Net Income $54,884 $1,051 +51.2%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
12
Independent Members
12
Employees
4
Volunteers
450

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
7
$21,600
Total Directors
13
$21,600
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EDWARD YURCHICK EXALTED RULER 5.00
Officer Director
$0 $0 $0
CATHERINE J GARBER LOYAL KNIGHT 10.00
Officer Director
$0 $0 $0
DAVE BUNCH LEADING KNIGHT 10.00
Officer Director
$0 $0 $0
VICKI STORMENT TREASURER 10.00
Officer Director
$10,800 $0 $10,800
DAVID HILL CHAIRMAN 2.00
Director
$0 $0 $0
HERB COLLINS LECTURING KNIGHT 2.00
Officer Director
$0 $0 $0
NELS GORDON TRUSTEE 2.00
Director
$0 $0 $0
DAVID HILL TRUSTEE 2.00
Director
$0 $0 $0
CHUCK SEYLER TRUSTEE 2.00
Director
$0 $0 $0
TERRY HUDSON TRUSTEE 2.00
Director
$0 $0 $0
TERRY SMITH SECRETARY 5.00
Officer Director
$8,100 $0 $8,100
JONNIE BYRD PAST SECRETARY 5.00
Officer Director
$2,700 $0 $2,700
MARK GARBER TRUSTEE 2.00
Director
$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 $256,233 $201,349 $345,239 $54,884
2024 $191,532 $190,481 $348,647 $1,051
2023 $171,419 $162,436 $306,521 $8,983
2023 $171,419 $162,436 $306,521 $8,983
2022 $135,709 $151,232 $274,344 $-15,523
2019 $173,789 $169,266 $280,489 $4,523
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