Colorado Elks Association Charities Inc

Nonprofit profile at a glance

EIN
841243937
IRS 990 coverage
2017–2024
Forms available
Form 990 2024
Location
Berthoud, CO, USA
Phone
3034683490
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Animal Husbandry

Official website

Reported finances

Revenue
$536,484
Expenses
$418,651
Assets
$1,929,588
Liabilities
$1,146,672

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • ALLEN LENORT (PAST PRESIDENT)
  • ELVINO CRUZ (PRESIDENT)
  • DENNIS MORGAN (1ST VICE PRESIDENT)
  • TERRY GABOR (2ND VICE PRESIDENT)
  • WILLIAM GORDON (3RD VICE PRESIDENT)

Highest reported compensation

  • JOHN W HUTSON (SECRETARY): $3,600 total reported compensation
  • FRANK SOMMER (TREASURER): $3,600 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To dispense funds received from the clem & evelyn audin fund, the dr. Nuckoll's scholarship fund, the elks national foundation of the b.p.o. Elks and member donations for charity and education.

What it reported doing in 2024

Scholarships for students at universities, colleges, technical schools. Each scholarship was sent directly to the college for the recipients.total expenses: $41,250 (47 recipients)disaster relief - total expenses - $48,625activities and functions to aid veterans - total expenses - $31,303drug & alcohol awareness committee - total expenses - $25,890community projects - total expenses - $11,301hoop shoot & soccer shoots - total expenses - $19,643catch it calf and little britches rodeo - total expenses - $10,313

Operating model

Revenue model
Affiliate-supported. 66% of the money available for current operations came from contributions from related organizations.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 90
  • Accountability: 74
  • Sustainability: 63
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 79.5%; rating input score 80
  • Program expense ratio: 96.4%; rating input score 96
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 22%; rating input score 78; 78th percentile among comparable filings
  • Total-asset coverage ratio: 4.61; rating input score 83; 83rd percentile among comparable filings
  • Liabilities to assets ratio: 0.59; rating input score 13; 13th percentile among comparable filings
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: 5.7% per year; rating input score 100; 45th percentile among comparable filings
  • Revenue growth: 7.9% per year; rating input score 100; 58th percentile among comparable filings
  • Asset growth: 10.5% per year; rating input score 100; 60th percentile among comparable filings

Details

  • Where the money goes: 79.5% of revenue deployed · 96.4% of spending went to programs
  • Governance: 13 of 13 board members independent · 3 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $404K in reported program spending
  • Leadership: top reported pay $4K · 13 people listed
  • Consistency: 14 of 14 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 8 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • High — Sustainability: Liabilities to assets ratio scored 13/100.