BEducationEIN: 046050451· Ruling Year: 1942

Massachusetts Elks Scholarship Inc

Lynnfield, Massachusetts

A-Health Score
78A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

💰
$1.2M
Total Revenue
📊
$504K
Total Expenses
🏦
$11.8M
Net Assets
📋
$2K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+23.6%
Year-over-year change (2023 → 2024)
Net Margin
+57.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
23.49
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2024$1,195,94324%$503,66410%$11,830,74511%
2023$967,5717%$456,0207%$10,634,5863%
2022$1,043,53455%$491,14712%$10,963,3539%
2021$2,319,070203%$560,42912%$12,056,68317%
2020$765,97396%$640,2398%$10,298,1971%
2019$391,30850%$592,8327%$10,172,3592%
2018$780,209247%$634,65338%$10,375,1054%
2016$224,90954%$461,02810%$9,943,1312%
2015$490,71724%$510,8133%$10,178,318
2014$643,44626%$496,455$10,199,0181%
2013$869,728179%$498,6805%$10,052,7594%
2012$311,512$475,743$9,681,500

Frequently Asked Questions

What does Massachusetts Elks Scholarship Inc do?

Massachusetts Elks Scholarship Inc is a education nonprofit organization based in Massachusetts. It is classified under NTEE code B82Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Massachusetts Elks Scholarship Inc financially healthy?

Based on our 9-metric Financial Health Score model, Massachusetts Elks Scholarship Inc has a score of 78/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Massachusetts Elks Scholarship Inc generate?

Massachusetts Elks Scholarship Inc reports $613K in annual revenue and holds $12.3M in total assets, based on IRS filings.

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