Form 990 for tax year 2023
Filed by IMPROVED BENEVOLENT & PROTECTIVE ORDER OF ELKS OF THE WORLD.
Totals
- Total revenue
- $1,527,757
- Total expenses
- $1,276,681
- Contributions and grants received
- $1,522,109
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $5,648
- Other revenue
- $0
- Total assets, end of year
- $2,120,320
- Total liabilities, end of year
- $525,718
- Net assets or fund balances, end of year
- $1,594,602
- Program services expenses (Part IX)
- $980,149
- Management and general expenses
- $296,532
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Program services were 76.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$1,522,109
-
3 · Investment income
total $5,648 · unrelated business $0 · excluded $0
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $252,026 · program services $126,013 · management and general $126,013 · fundraising $0
-
7 · Other salaries and wages
total $280,505 · program services $224,404 · management and general $56,101 · fundraising $0
-
8 · Pension plan contributions
total $450 · program services $450 · management and general $0 · fundraising $0
-
10 · Payroll taxes
total $40,739 · program services $32,591 · management and general $8,148 · fundraising $0
-
11b · Fees: legal
total $12,956 · program services $0 · management and general $12,956 · fundraising $0
-
13 · Office expenses
total $139,938 · program services $71,368 · management and general $68,570 · fundraising $0
-
16 · Occupancy
total $98,975 · program services $74,231 · management and general $24,744 · fundraising $0
-
17 · Travel
total $86,465 · program services $86,465 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $123,468 · program services $123,468 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $27,692 · program services $27,692 · management and general $0 · fundraising $0
-
23 · Insurance
total $52,615 · program services $52,615 · management and general $0 · fundraising $0
-
24a · Other expenses: Donations
total $78,360 · program services $78,360 · management and general $0 · fundraising $0
-
24b · Other expenses: Music & Entertainment
total $17,799 · program services $17,799 · management and general $0 · fundraising $0
-
24c · Other expenses: Death Benefits
total $37,950 · program services $37,950 · management and general $0 · fundraising $0
-
24d · Other expenses: Supplies
total $8,747 · program services $8,747 · management and general $0 · fundraising $0
-
24e · All other expenses
total $17,996 · program services $17,996 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,092,284 · end of year $1,184,144
-
2 · Savings and temporary cash investments
beginning of year $186,572 · end of year $260,000
-
8 · Inventories for sale or use
beginning of year $68,664 · end of year $20,499
-
10a · Land, buildings and equipment: cost or other basis
$2,897,676
-
10b · Land, buildings and equipment: accumulated depreciation
$2,241,999
-
10c · Land, buildings and equipment, net
beginning of year $683,369 · end of year $655,677
-
15 · Other assets
beginning of year $48,564
-
24 · Unsecured notes and loans payable
beginning of year $735,927
-
25 · Other liabilities
end of year $525,718
-
27 · Net assets without donor restrictions
beginning of year $1,343,526 · end of year $1,594,602
Mission and programs · 2023
Mission
See Schedule O
-
The Organization works to support its membership base by promoting activities that enhance the welfare of those members. The stated mission of the organization is that the welfare and happiness of its members be promoted and enhanced, the nobleness of soul and goodness of heart be cultivated, and that the spirit if patriotism be enlivened and exalted.
-
N/A
-
N/A
As filed on the 2023 return.
Listed in Part VII
-
Leonard J Polk
President
- Total calculated
- $148,500
- From this org
- $148,500
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Richard Dennis
Secretary
- Total calculated
- $83,325
- From this org
- $83,325
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Calvin Drew Sr
Treasurer
- Total calculated
- $20,200
- From this org
- $20,200
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202423199349313227
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