Is Blue Star Salute Foundation Inc Legit?

Blue Star Salute Foundation Inc demonstrates consistent financial health with a positive net asset position and no reported liabilities across all available filings. The organization's revenue has fluctuated, with a high of $102,407 in 2017 and a low of $57,273 in 2020, but generally shows a trend of increasing assets, reaching $193,594 in 2023. The organization consistently reports 0% officer compensation, indicating a volunteer-driven leadership, which is a strong positive for donor confidence and efficiency. While specific program spending details are not provided in the summary data, the absence of officer compensation suggests a high proportion of expenses likely go directly to mission-related activities. The consistent filing of IRS Form 990s over 11 periods indicates good transparency practices. The organization's assets have shown significant growth, nearly doubling from $95,317 in 2014 to $193,594 in 2023, demonstrating sound financial management and accumulation of resources. Expenses have generally remained below or close to revenue, preventing significant deficits. For example, in 2023, revenue was $85,967 against expenses of $56,339, resulting in a surplus. This consistent financial prudence, coupled with no reported liabilities, paints a picture of a stable and well-managed small nonprofit.