Civic Intelligence

Vermont Elks Charities Inc.

990 • Fiscal year 2016 • EIN 23-7216424

Apr 01, 2015 to Mar 31, 2016 • Filed on Aug 19, 2016

1 Andersen AvenueBarre, VT 05641

(802) 461-5276

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

47th percentile

0.08x

Higher debt load relative to assets than 47% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

66th percentile

0.25x

Higher debt load relative to revenue than 66% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

45th percentile

0.8%

Higher net margin than 45% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

41st percentile

$36,900

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 8.8% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

33rd percentile

-2.3%

Faster asset growth than 33% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2016

Revenue Growth

53rd percentile

3.7%

Faster revenue growth than 53% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2016

Assets

Down

$1,276,019

Down $61,566 (-4.6%) from 2014

Net Assets

Up

$1,170,398

Up $53,564 (+4.8%) from 2014

Liabilities

Down

$105,621

Down $115,130 (-52%) from 2014

Revenue

Up

$419,197

Up $29,490 (+7.6%) from 2014

Expenses

Up

$415,851

Up $24,372 (+6.2%) from 2014

Net Income

Up

$3,346

Up $5,118 (+289%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2013: $1,344,331Liabilities 2013: $225,725Net Assets 2013: $1,118,6062013Assets 2014: $1,337,585Liabilities 2014: $220,751Net Assets 2014: $1,116,8342014Assets 2016: $1,276,019Liabilities 2016: $105,621Net Assets 2016: $1,170,3982016Assets 2017: $1,450,200Liabilities 2017: $121,116Net Assets 2017: $1,329,0842017Assets 2018: $1,511,096Liabilities 2018: $90,289Net Assets 2018: $1,420,8072018Assets 2020: $1,629,225Liabilities 2020: $81,950Net Assets 2020: $1,547,2752020Assets 2021: $1,864,701Liabilities 2021: $40,675Net Assets 2021: $1,824,0262021Assets 2022: $2,123,504Liabilities 2022: $147,709Net Assets 2022: $1,975,7952022Assets 2023: $1,967,817Liabilities 2023: $36,971Net Assets 2023: $1,930,8462023Assets 2025: $2,235,789Liabilities 2025: $77,735Net Assets 2025: $2,158,0542025

Highlighted filing

2016

Assets$1,276,019
Liabilities$105,621
Net Assets$1,170,398

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KExpenses 2013: $348,4402013Revenue 2014: $389,707Expenses 2014: $391,479Net Income 2014: -$1,7722014Revenue 2016: $419,197Expenses 2016: $415,851Net Income 2016: $3,3462016Revenue 2017: $624,989Expenses 2017: $471,148Net Income 2017: $153,8412017Revenue 2018: $518,273Expenses 2018: $443,266Net Income 2018: $75,0072018Revenue 2020: $524,283Expenses 2020: $452,940Net Income 2020: $71,3432020Revenue 2021: $281,066Expenses 2021: $179,022Net Income 2021: $102,0442021Revenue 2022: $336,947Expenses 2022: $180,933Net Income 2022: $156,0142022Revenue 2023: $403,231Expenses 2023: $433,367Net Income 2023: -$30,1362023Revenue 2025: $639,893Expenses 2025: $569,821Net Income 2025: $70,0722025

Highlighted filing

2016

Revenue$419,197
Expenses$415,851
Net Income$3,346
Jump To
Filing Snapshot
Filing Period
Apr 1, 2015 to Mar 31, 2016
Signed
Aug 19, 2016
Return Version
2015v2.1
Gross Receipts
$433,946
Mission and Program Overview

Mission

To operate a summer camp for people with disabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$862,652$858,772▼ $3,880
Cash and Non-Interest-Bearing Accounts$250,721$225,855▼ $24,866
Savings and Temporary Cash Investments$173,588$173,881▲ $293
Prepaid Expenses and Deferred Charges-$13,276-
Total Assets$1,291,296$1,276,019▼ $15,277
Other Assets Total$4,335$4,235▼ $100
Liabilities
Mortgage Notes Payable Secured by Investment Property$108,570$96,171▼ $12,399
Deferred Revenue$14,770$9,110▼ $5,660
Accounts Payable and Accrued Expenses-$281-
Other Liabilities$904$59▼ $845
Total Liabilities$124,244$105,621▼ $18,623
Net Assets / Fund Balance
Unrestricted Net Assets$1,136,901$1,140,247▲ $3,346
Permanently Rstr Net Assets$30,151$30,151→ $0
Total Net Assets Fund Balance$1,167,052$1,170,398▲ $3,346
Total Liabilities and Net Assets / Fund Balance$1,291,296$1,276,019▼ $15,277

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$596,609$709,398$1,306,007
Other Land Buildings$198,913$52,694$251,607
Equipment$20,750$31,469$52,219
Land$42,500-$42,500
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Carolyn RavennaCamp DirectoFT$36,900$36,900
Carol SylviaSecretaryPT$2,500$2,500
Tammi HoldenTreasurer-$2,500$2,500

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$169,880
Program Service Revenue
$196,443
Investment Income
$350
Other Revenue
$52,524
All Other Contributions
$169,880
Change in Net Assets
$3,346
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$220,122
Salaries, Compensation, and Employee Benefits$177,654
Grants and Similar Amounts Paid$18,075
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$127,952--$127,952
Depreciation Depletion$54,224--$54,224
Current Officers, Directors, Trustees, and Key Employees$41,900--$41,900
Occupancy$38,015--$38,015
All Other Expenses$21,937--$21,937
Insurance$20,135--$20,135
Grants to Domestic Individuals$18,075--$18,075
Payroll Taxes$7,802--$7,802
Other Expenses$7,050--$7,050
Office Expenses$6,878--$6,878
Fees for Services Accounting$3,822--$3,822
Interest$1,625--$1,625
Travel$1,463--$1,463
Advertising$1,039--$1,039
Total Functional Expenses$415,851$0$0$415,851
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$66,160
Fundraising Direct Expenses$14,749
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Calendar Sales$37,580$37,580$6,798$30,782
Raffle$15,089$15,089$7,951$7,138
Total Events$63,289$63,289$14,749$48,540
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Liabilities$59
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

The trustees of vt elks association, inc. Appoint the members.

Form 990, Page 6, Part VI, Line 7B

The trustees of vt elks association, inc. Approve the budget.

Form 990, Page 6, Part VI, Line 11B

A copy of the 990 is reviewed by the treasurer before it is filed.

Form 990, Page 6, Part VI, Line 15A

Compensation for officers/emplyees are determined when the budget is done each year.

Form 990, Page 6, Part VI, Line 15B

Compensation for officers/employees are determined when the budget is done each year.

Form 990, Page 6, Part VI, Line 19

All governing documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Vermont Elks Charities Inc
EIN
23-7216424
Phone
8024615276
Address
1 ANDERSEN AVENUE, BARRE, VT 05641

Signing Officer

Name
Tammi Holden
Title
Treasurer
Phone
8023345093
Signed
2016-08-19

Organization Details

Principal Officer
Tammi Holden
Voting Board Members
22
Independent Board Members
22
Employees
47
Volunteers
100

Preparer

Firm
KITTELL BRANAGAN & SARGENT CPA'S
Address
154 N MAIN ST, ST ALBANS, VT 05478
Preparer
Dana Kittell CPA
Phone
8025249531
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

To provide scholarships to individuals who are advancing to higher education.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0CAMP DIRECTO
IRS990/Form990PartVIISectionAGrp/TitleTxt1SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT EL
IRS990/Form990PartVIISectionAGrp/TitleTxt51ST VICE PRE
IRS990/Form990PartVIISectionAGrp/TitleTxt62ND VICE PRE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TILER
IRS990/Form990PartVIISectionAGrp/TitleTxt8ESQUIRE
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHAPLAIN
IRS990/Form990PartVIISectionAGrp/TitleTxt10TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt11TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt12TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt16TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt17TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt18TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt19TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt20TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt21TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt22TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingDirectExpensesAmt014749
IRS990/FundraisingGrossIncomeAmt066160
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt022
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt018075
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt018075
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0433946
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt022
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt020135
IRS990/InsuranceGrp/TotalAmt020135
IRS990/InterestGrp/ProgramServicesAmt01625
IRS990/InterestGrp/TotalAmt01625
IRS990/InvestmentIncomeGrp/ExclusionAmt0350
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0350
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt01
IRS990/LandBldgEquipAccumDeprecAmt0793561
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0862652
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0858772
IRS990/LandBldgEquipCostOrOtherBssAmt01652333
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO OPERATE A SUMMER CAMP FOR PEOPLE WITH DISABILITIES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0108570
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt096171
IRS990/NetAssetsOrFundBalancesBOYAmt01167052
IRS990/NetAssetsOrFundBalancesEOYAmt01170398
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt051411
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt051411
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt038015
IRS990/OccupancyGrp/TotalAmt038015
IRS990/OfficeExpensesGrp/ProgramServicesAmt06878
IRS990/OfficeExpensesGrp/TotalAmt06878
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04335
IRS990/OtherAssetsTotalGrp/EOYAmt04235
IRS990/OtherExpensesGrp/Desc0FOOD
IRS990/OtherExpensesGrp/Desc1RECRUITING FEES
IRS990/OtherExpensesGrp/Desc2SOCCER SHOOT
IRS990/OtherExpensesGrp/Desc3RECREATIONAL SUPPLIES
IRS990/OtherExpensesGrp/ProgramServicesAmt030719
IRS990/OtherExpensesGrp/ProgramServicesAmt126153
IRS990/OtherExpensesGrp/ProgramServicesAmt27062
IRS990/OtherExpensesGrp/ProgramServicesAmt37050
IRS990/OtherExpensesGrp/TotalAmt030719
IRS990/OtherExpensesGrp/TotalAmt126153
IRS990/OtherExpensesGrp/TotalAmt27062
IRS990/OtherExpensesGrp/TotalAmt37050
IRS990/OtherLiabilitiesGrp/BOYAmt0904
IRS990/OtherLiabilitiesGrp/EOYAmt059
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01113
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01113
IRS990/OtherRevenueTotalAmt01113
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0127952
IRS990/OtherSalariesAndWagesGrp/TotalAmt0127952
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt07802
IRS990/PayrollTaxesGrp/TotalAmt07802
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt030151
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt030151
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt013276
IRS990/PrincipalOfficerNm0TAMMI HOLDEN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0CAMP FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0196443
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0196443
IRS990/ProgSrvcAccomActy2Grp/Desc0CONDUCT DRUG AWARENESS PROGRAMS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01155
IRS990/ProgSrvcAccomActy3Grp/Desc0CONDUCT VT HOOP SHOOT FREE THROW CONTEST AND SOCCER SHOOT FOR BOY AND GIRLS 7-13 AS PART OF A NATIONAL CONTEST SPONSORED BY BENEVELANT AND PROTECTIVE ORDER OF ELKS AS YOUTH ACTIVITIES. APPROXIMATLEY 4,500 CHILDREN PARTICIPATE.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt09893
IRS990/ProgSrvcAccomActyOtherGrp/Desc0TO PROVIDE SCHOLARSHIPS TO INDIVIDUALS WHO ARE ADVANCING TO HIGHER EDUCATION.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt018075
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt018075
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0169720
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt017000
IRS990/PYInvestmentIncomeAmt0224
IRS990/PYOtherExpensesAmt0193124
IRS990/PYOtherRevenueAmt034353
IRS990/PYProgramServiceRevenueAmt0173484
IRS990/PYRevenuesLessExpensesAmt0-27020
IRS990/PYSalariesCompEmpBnftPaidAmt0194677
IRS990/PYTotalExpensesAmt0404801
IRS990/PYTotalRevenueAmt0377781
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt03346
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0197556
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0173588
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0173881
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS 7,087
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0169880
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0169720
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0173654
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0157417
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0185506
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0856177
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0350
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0224
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01058
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0633
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01858
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt04123
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0196443
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0173484
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0156497
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0176558
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0143132
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0846114
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0350
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0224
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01058
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0633
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01858
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt04123
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000

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