Benevolent & Protective Order Of Elks Of The Usa is located in Palo Alto, CA. The organization was established in 1951. According to its NTEE Classification (Y40) the organization is classified as: Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 03/2024, Benevolent & Protective Order Of Elks Of The USA employed 32 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Benevolent & Protective Order Of Elks Of The USA is a 501(c)(8) and as such, is described as a "Fraternal Beneficiary Society and/or Association" by the IRS.
For the year ending 03/2024, Benevolent & Protective Order Of Elks Of The USA generated $745.7k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $1.2m during the year ending 03/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Benevolent & Protective Order Of Elks Of The USA has awarded 22 individual grants totaling $343,951. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
A FRATERNAL ORGANIZATION ORGANIZED UNDER THE LODGE SYSTEM TO CULTIVATE FELLOWSHIP AMONG ITS MEMBERS AND TO SERVE THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTIONS, SCHOLARSHIPS AND GRANTS AWARDED TO QUALIFYING INDIVIDUALS AND CHARITABLE ORGANIZATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Matson Trustee | Trustee | 12 | $0 |
Phillip Tomac Loyal Knight | Trustee | 4 | $0 |
Lyla Phelps Secretary | OfficerTrustee | 8 | $0 |
Grant Lindholm Treasurer | OfficerTrustee | 8 | $0 |
John Harrington Board Chair | OfficerTrustee | 8 | $0 |
Charles Cullen Trustee | Trustee | 8 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $26,997 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $26,997 |
Total Program Service Revenue | $543,904 |
Investment income | $176,447 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $162,057 |
Net Gain/Loss on Asset Sales | -$1,777 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$161,978 |
Miscellaneous Revenue | $0 |
Total Revenue | $745,650 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $38,218 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $294,309 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $33,885 |
Payroll taxes | $25,463 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $42,765 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $46,531 |
Fees for services: Other | $186,270 |
Advertising and promotion | $0 |
Office expenses | $41,900 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $397,049 |
Insurance | $39,620 |
All other expenses | -$371,643 |
Total functional expenses | $1,220,308 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $254,576 |
Savings and temporary cash investments | $560,388 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $28,002 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $24,745 |
Prepaid expenses and deferred charges | $81,045 |
Net Land, buildings, and equipment | $13,796,472 |
Investments—publicly traded securities | $8,069,293 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1 |
Total assets | $22,814,522 |
Accounts payable and accrued expenses | $137,368 |
Grants payable | $0 |
Deferred revenue | $551,500 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $50,558 |
Total liabilities | $739,426 |
Net assets without donor restrictions | $22,075,096 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $22,814,522 |
Over the last fiscal year, Benevolent & Protective Order Of Elks Of The Usa has awarded $33,218 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
OTHER COMMUNITY GRANTS PURPOSE: CHARITABLE CONTRIBUTIONS | $9,229 |
CALIF-HAWAII ELKS ASSOCIATION PURPOSE: CHARITABLE CONTRIBUTION | $23,989 |