Massachusetts Elks Charitable Tr FY2023 filing

Tax-deductible

Auburn, MA501(c)(3)Foundations & GrantmakersEIN 04-3244615Revenue $338K in FY2023

On file with the IRSmasselks.org10 Lorna Dr, 01501-1214 · Auburn, MATax-exempt since Jun 1995Publicly supported charity — 170(b)(1)(A)(vi)

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To provide educational scholarships, youth activities, and other programs to the youth.

501(c)(3) charity; gifts are tax-deductible.
99¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $30K a year · 8% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
99%
of spending
Looks good: 99% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
12 mo
of spending, in cash
Looks good: 12.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $374K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$338K
+3% vs prior year
Spent
$337K
To programs
99%
Net assets
$546K
By yearFY2021–FY2025
Revenue
$338K
FY2023▲ +3%
Tap a bar for its year
Revenue by fiscal year
FY2021$349K
FY2022$328K
FY2023$338K
FY2024$444K
FY2025$368K
Expenses
$337K
FY2023▲ +18%
Tap a bar for its year
Expenses by fiscal year
FY2021$307K
FY2022$286K
FY2023$337K
FY2024$343K
FY2025$406K
Net assets
$546K
FY2023+0.2%
Tap a bar for its year
Net assets by fiscal year
FY2021$503K
FY2022$545K
FY2023$546K
FY2024$648K
FY2025$610K

From the FY2023 Form 990 (year ending May 2023) · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1995.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

99 cents of each dollar spent went to programs.

Program services 99% · $334K Management & general 1% · $3K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

7 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Massachusetts Elks Charitable Tr executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers scholarships, youth activities, and programs to support young people's development.

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Provided by the organization

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3 programs · $228K · in their own filed words · FY2022
01

Ma Elks Scholarship Fund

Grant for Educational Scholarships to individual students.

$150Kprogram expense
02

Educational Scholarships for students planning to attend college.

$56Kprogram expense
03

Vocational Scholarships for students attending vocational schools.

$22Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$374K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$338K
Ln 12
Gifts and grantsLn 1h$337K
Investment incomeLn 3$975
Money outPt IX
$337K
Ln 25
Programscol B$334K
Managementcol C$3K
Owns and owesPt X
$546K
net assets · Ln 32
Cash and savingsLn 1–2$346K
Total assetsLn 16$546K
LiabilitiesLn 26$0
PeoplePt VI, VII
7
listed · VII A
PaidVII A0
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$337K
Investment incomeLn 3$975
Total revenueLn 12$338K
Assets in detailPt X, end of year
CashLn 1$301K
SavingsLn 2$46K
Cash and savings togetherLn 1–2$346K
InvestmentsLn 11–13$200K
Total assetsLn 16$546K
LiabilitiesLn 26$0
Net assetsLn 32$546K
OperationsPt I, VI
EmployeesI 50
VolunteersI 67
Fiscal year endsHeaderMay
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$345K$346K
InvestmentsLn 11–13$200K$200K
Total assetsLn 16$545K$546K
LiabilitiesLn 26$0$0
Net assetsLn 32$545K$546K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$255K$255K
Grants to domestic individualsLn 2$78K$78K
Accounting feesLn 11c$3K$0$3K$0
Office expensesLn 13$675$0$675$0
Other expenses (24a–d)Ln 24$499$463$36$0
Total functional expensesLn 25$337K$334K$3K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $368K$406K−$38K$610K 990 PDF
FY2024 $444K$343K$102K$648K 990 PDF
FY2023 Viewing $338K$337K$1K$546K 990 PDF
FY2022 $328K$286K$42K$545K 990 PDF
FY2021 $349K$307K$42K$503K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $338,080 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $326,885$337,105
I-9 Program service revenue$0
I-10 Investment incomePrior year $1,497$975
I-11 Other revenue$0
I-12 Total revenuePrior year $328,382$338,080
I-13 Grants and similar amounts paidPrior year $282,513$333,055
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $3,587$3,924
I-18 Total expensesPrior year $286,100$336,979
I-19 Revenue less expensesPrior year $42,282$1,101
Part VI · Governance 7 of 7 board members independent, 3 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $338,080 across 4 lines filed
VIII-1f All other contributions, gifts and grants$337,105
VIII-1h Total contributions, gifts and grants$337,105
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $0$975
VIII-12 Total revenueRelated to mission $975 · Unrelated business $0 · Excluded from tax $0$338,080
Part IX · Statement of functional expenses $336,979 across 5 lines filed
IX-1 Grants to domestic organizationsPrograms $255,055$255,055
IX-2 Grants to domestic individualsPrograms $78,000$78,000
IX-11c Accounting feesPrograms $0 · Management $2,750 · Fundraising $0$2,750
IX-13 Office expensesPrograms $0 · Management $675 · Fundraising $0$675
IX-24 Other expenses (24a–d)Programs $463 · Management $36 · Fundraising $0$499
IX-25 Total functional expensesPrograms $333,518 · Management $3,461 · Fundraising $0$336,979
Part X · Balance sheet $546,423 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $299,442$300,534
X-2 Savings and temporary cash investmentsStart of year $45,880$45,889
X-9 Prepaid expenses and deferred chargesStart of year $0$0
X-12 Other securitiesStart of year $200,000$200,000
X-16 Total assetsStart of year $545,322$546,423
X-17 Accounts payable and accrued expensesStart of year $0$0
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $398,930$378,431
X-28 Net assets with donor restrictionsStart of year $146,392$167,992
X-32 Total net assets or fund balancesStart of year $545,322$546,423
X-33 Total liabilities and net assetsStart of year $545,322$546,423
Part XI · Reconciliation of net assets $546,423 net assets at year end
XI-1 Total revenue$338,080
XI-2 Total expenses$336,979
XI-3 Revenue less expenses$1,101
XI-4 Net assets at start of year$545,322
XI-10 Net assets at end of year$546,423

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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