Ocala Elks Association INC

Tax-deductible

Ocala, FL501(c)(8)EIN 59-0913231Revenue $675K in FY2025

On file with the IRSelks.org/lodges702 Ne 25th Ave, 34470-6318 · Ocala, FLTax-exempt since Oct 1951

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The Elks lodge provides a facility to its members for dining and entertainment purposes. The facility is also used for meetings and social events for its members.

501(c)(8) charity; gifts are tax-deductible.
71¢ of each $1 spent went to programs.
Run by 75 volunteers and 20 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(8)
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
5 of 6
filings with a surplus
Average surplus $79K a year · 11% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
71%
of spending
Fine: 71% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$17K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 3.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$90K
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$675K
+2% vs prior year
Spent
$596K
To programs
71%
Net assets
$1.7M
By yearFY2020–FY2025
Revenue
$675K
FY2025▲ +2%
Tap a bar for its year
Revenue by fiscal year
FY2020$866K
FY2021$597K
FY2022$650K
FY2023$992K
FY2024$665K
FY2025$675K
Expenses
$596K
FY2025▼ -4%
Tap a bar for its year
Expenses by fiscal year
FY2020$942K
FY2021$554K
FY2022$597K
FY2023$667K
FY2024$618K
FY2025$596K
Net assets
$1.7M
FY2025▲ +4%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.2M
FY2021$1.3M
FY2022$1.3M
FY2023$1.6M
FY2024$1.7M
FY2025$1.7M

From the FY2025 Form 990 (year ending March 2025) · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1951.

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

Where the money goes

71 cents of each dollar spent went to programs.

Program services 71% · $425K Management & general 26% · $154K Fundraising 3% · $17K

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

11 people listed on the 990; $17K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Secretary
$8,961Pt VII · Sec A
Treasurer
$7,662Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
Exalted Rule
$0Pt VII · Sec A
Loyal Knight
$0Pt VII · Sec A

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Bobbi Kassick$8,961—————
Charles Gilmore—————$8,925
Sarah Graf—$8,500$8,827$8,500$4,381—
Connie Davis$7,662$5,261————
Wayne Curtis—————$7,560
Barbara Shepard——$7,477$7,200$6,369—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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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 15aYes

Programs and updates

Offers members a place for dining, entertainment, meetings, and social events.

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Provided by the organization

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1 program · $425K · in their own filed words · FY2024
01

A private fraternal club for the exclusive use of the membership, providing an area for membership to socialize, build friendships and gather with people who share similar interests.

$425Kprogram expense

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$675K
Ln 12
Fees for servicesLn 2g$315K
Gifts and grantsLn 1h$196K
Other incomeLn 4–11$134K
Money outPt IX
$596K
Ln 25
Programscol B$425K
Managementcol C$154K
Fundraisingcol D$17K
Owns and owesPt X
$1.7M
net assets · Ln 32
Cash and savingsLn 1–2$184K
Total assetsLn 16$1.8M
LiabilitiesLn 26$90K
PeoplePt VI, VII
11
listed · VII A
PaidVII A2
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$196K
Fees for servicesLn 2g$315K
Investment incomeLn 3$30K
Other incomeLn 4–11$134K
Total revenueLn 12$675K
Assets in detailPt X, end of year
CashLn 1$184K
Cash and savings togetherLn 1–2$184K
InvestmentsLn 11–13$607K
Land, buildings, equipmentLn 10c$1.0M
Other assetsLn 15$998
Total assetsLn 16$1.8M
LiabilitiesLn 26$90K
Net assetsLn 32$1.7M
OperationsPt I, VI
EmployeesI 520
VolunteersI 675
Fiscal year endsHeaderMarch
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$148K$184K
InvestmentsLn 11–13$651K$607K
Land, buildings, equipmentLn 10c$927K$1.0M
Total assetsLn 16$1.7M$1.8M
LiabilitiesLn 26$88K$90K
Net assetsLn 32$1.7M$1.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$125K$92K$32K
Payroll taxesLn 10$17K$13K$4K
Accounting feesLn 11c$10K$6K$4K
Office expensesLn 13$50K$9K$41K
Information technologyLn 14$6K$6K
OccupancyLn 16$119K$69K$50K
Depreciation, depletion and amortizationLn 22$47K$47K
InsuranceLn 23$16K$11K$5K
Other expenses (24a–d)Ln 24$189K$178K$11K
All other expensesLn 24e$17K$17K
Total functional expensesLn 25$596K$425K$154K$17K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $675K$596K$79K$1.7M 990 PDF
FY2024 $665K$618K$47K$1.7M 990 PDF
FY2023 $992K$667K$325K$1.6M 990 PDF
FY2022 $650K$597K$53K$1.3M 990 PDF
FY2021 $597K$554K$43K$1.3M 990 PDF
FY2020 $866K$942K−$76K$1.2M 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 FY2025 990 (6 parts)
Part I · Summary $675,033 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $179,843$195,670
I-9 Program service revenuePrior year $312,587$314,793
I-10 Investment incomePrior year $26,512$30,354
I-11 Other revenuePrior year $145,706$134,216
I-12 Total revenuePrior year $664,648$675,033
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $166,263$141,742
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $451,543$454,332
I-18 Total expensesPrior year $617,806$596,074
I-19 Revenue less expensesPrior year $46,842$78,959
Part VI · Governance 11 of 11 board members independent, no flags
VI-1a Voting members of the governing body11
VI-1b Independent voting members11
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $675,033 across 7 lines filed
VIII-1b Membership dues$120,982
VIII-1f All other contributions, gifts and grants$74,688
VIII-1h Total contributions, gifts and grants$195,670
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $107,602 · Excluded from tax $207,191$314,793
VIII-3 Investment incomeExcluded from tax $30,354$30,354
VIII-6 Net rental income or lossExcluded from tax $134,216$134,216
VIII-12 Total revenueUnrelated business $107,602 · Excluded from tax $371,761$675,033
Part IX · Statement of functional expenses $596,074 across 10 lines filed
IX-7 Other salaries and wagesPrograms $92,310 · Management $32,488$124,798
IX-10 Payroll taxesPrograms $12,504 · Management $4,440$16,944
IX-11c Accounting feesPrograms $6,086 · Management $4,165$10,251
IX-13 Office expensesPrograms $9,444 · Management $40,638$50,082
IX-14 Information technologyManagement $5,910$5,910
IX-16 OccupancyPrograms $69,122 · Management $49,694$118,816
IX-22 Depreciation, depletion and amortizationPrograms $47,491$47,491
IX-23 InsurancePrograms $10,580 · Management $5,269$15,849
IX-24 Other expenses (24a–d)Programs $177,716 · Management $11,059$188,775
IX-24e All other expensesFundraising $17,158$17,158
IX-25 Total functional expensesPrograms $425,253 · Management $153,663 · Fundraising $17,158$596,074
Part X · Balance sheet $1,810,619 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $147,621$183,908
X-4 Accounts receivableStart of year $1,550$800
X-8 Inventories for sale or useStart of year $11,207$14,040
X-10c Land, buildings and equipment, netStart of year $927,292$1,003,648
X-11 Publicly traded securitiesStart of year $651,312$607,225
X-15 Other assetsStart of year $998$998
X-16 Total assetsStart of year $1,739,980$1,810,619
X-17 Accounts payable and accrued expensesStart of year $19,104$23,754
X-19 Deferred revenueStart of year $69,089$66,403
X-26 Total liabilitiesStart of year $88,193$90,157
X-27 Net assets without donor restrictionsStart of year $1,644,998$1,707,565
X-28 Net assets with donor restrictionsStart of year $6,789$12,897
X-32 Total net assets or fund balancesStart of year $1,651,787$1,720,462
X-33 Total liabilities and net assetsStart of year $1,739,980$1,810,619
Part XI · Reconciliation of net assets $1,720,462 net assets at year end
XI-1 Total revenue$675,033
XI-2 Total expenses$596,074
XI-3 Revenue less expenses$78,959
XI-4 Net assets at start of year$1,651,787
XI-5 Net unrealized gains (losses) on investments−$10,283
XI-9 Other changes in net assets−$1
XI-10 Net assets at end of year$1,720,462

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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