Blue Star Salute Foundation Inc

Blue Star Salute Foundation Inc consistently operates with no executive compensation and growing assets.

EIN: 20763282 · Chelsea, AL · NTEE: A84 · Updated: 2026-03-28

$56KRevenue

$209KAssets

90/100Mission Score (Excellent)

A84

About Blue Star Salute Foundation Inc

Blue Star Salute Foundation Inc (EIN: 20763282) is a nonprofit organization based in Chelsea, AL, classified under NTEE code A84. The organization reported total revenue of $56K and total assets of $209K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Blue Star Salute Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

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.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Blue Star Salute Foundation Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 5%
programs: 90%
fundraising: 5%

According to IRS 990 filings, Blue Star Salute Foundation Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported at 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly efficient for a nonprofit of its size.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for Blue Star Salute Foundation Inc:

Consistent 0% officer compensation, indicating volunteer leadership and high efficiency.
No reported liabilities across all 11 filings, demonstrating strong financial management.
Consistent growth in net assets, from $95,317 in 2014 to $193,594 in 2023.
Regular and consistent filing of IRS Form 990s, indicating good transparency.
Expenses consistently managed within or close to revenue, preventing significant deficits.

Frequently Asked Questions about Blue Star Salute Foundation Inc

Is Blue Star Salute Foundation Inc a good charity?

Based on the provided financial data, Blue Star Salute Foundation Inc appears to be a well-managed and efficient charity. It consistently reports 0% officer compensation, has no liabilities, and has shown consistent asset growth, indicating financial stability and a strong commitment to its mission without high overhead.

How has Blue Star Salute Foundation Inc's financial health changed over time?

The organization's financial health has improved significantly over time. Assets have nearly doubled from $95,317 in 2014 to $193,594 in 2023, and it has consistently maintained zero liabilities. While revenue fluctuates, expenses are generally well-managed within revenue, leading to asset accumulation.

What is the trend in Blue Star Salute Foundation Inc's revenue and expenses?

Revenue has fluctuated, with peaks in 2017 ($102,407) and 2021 ($101,588), and lows in 2020 ($57,273). Expenses have generally followed revenue trends but have been consistently managed to allow for asset growth, with 2023 showing revenue of $85,967 against expenses of $56,339.

Filing History

IRS 990 filing history for Blue Star Salute Foundation Inc showing financial trends over 11 years of public records:

Over 11 years of IRS 990 filings (2013–2023), Blue Star Salute Foundation Inc's revenue has grown by 9.6%, moving from $78K to $86K. Total assets increased by 112% over the same period, from $91K to $194K. Total functional expenses fell by 13.4%, from $65K to $56K. In its most recent filing year (2023), Blue Star Salute Foundation Inc reported a surplus of $30K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$86K	$56K	$194K	$0	—	View 990
2022	$76K	$58K	$164K	$0	—	View 990
2021	$102K	$53K	$146K	$0	—	View 990
2020	$57K	$60K	$98K	$0	—	—
2019	$70K	$71K	$99K	$0	—	View 990
2018	$62K	$63K	$100K	$0	—	View 990
2017	$102K	$95K	$101K	$0	—	View 990
2016	$88K	$95K	$94K	$0	—	View 990
2015	$80K	$75K	$100K	$0	—	View 990
2014	$64K	$60K	$95K	$0	—	View 990
2013	$78K	$65K	$91K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $86K, expenses of $56K, and assets of $194K (revenue +12.9% year-over-year).
2022: Revenue of $76K, expenses of $58K, and assets of $164K (revenue -25.1% year-over-year).
2021: Revenue of $102K, expenses of $53K, and assets of $146K (revenue +77.4% year-over-year).
2020: Revenue of $57K, expenses of $60K, and assets of $98K (revenue -18.6% year-over-year).
2019: Revenue of $70K, expenses of $71K, and assets of $99K (revenue +14.0% year-over-year).
2018: Revenue of $62K, expenses of $63K, and assets of $100K (revenue -39.7% year-over-year).
2017: Revenue of $102K, expenses of $95K, and assets of $101K (revenue +16.0% year-over-year).
2016: Revenue of $88K, expenses of $95K, and assets of $94K (revenue +10.9% year-over-year).
2015: Revenue of $80K, expenses of $75K, and assets of $100K (revenue +24.9% year-over-year).
2014: Revenue of $64K, expenses of $60K, and assets of $95K (revenue -18.8% year-over-year).
2013: Revenue of $78K, expenses of $65K, and assets of $91K.

Data Sources and Methodology

This transparency report for Blue Star Salute Foundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.