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Asmba Star Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 263180510 ✦ Goodlettsville, TN ✦ Designated as a 501(c)(3)

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Overview

What is Asmba Star Foundation Inc?

The Asmba Star Foundation Inc, situated in Goodlettsville, Tennessee, is a nonprofit organization that focuses on uplifting the lives of military service members, veterans, and their families. They achieve this mission by awarding grants to other charitable organizations, specifically those that provide assistance in areas such as educational aid, recreational or therapeutic activities, free legal counseling, service dogs, housing, and numerous other support services. By contributing to these needs, the Asmba Star Foundation aims to improve the overall quality of life for these individuals who may be wounded, addicted, homeless, or at risk of becoming so, as well as those who are unemployed, underemployed, transitioning, or underserved. The organization's primary goal is to heal and support our nation's heroes and their loved ones.


Official website here: www.asmbastarfoundation.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 100%, Four-Star out of Four Star Rating

The Asmba Star Foundation Inc has achieved an impressive 100% rating from Charity Navigator, indicating exceptional accountability and financial health. This score reflects a commitment to transparency, as evidenced by their independent board and clear policies on conflicts of interest, whistleblower protection, and document retention. Their program expense ratio is notably high at 96.72%, suggesting that the vast majority of their funds go directly to their programs.

User feedback on platforms like Great Nonprofits showcases a mix of opinions. Many clients and partners praise the foundation for its dedication to supporting veterans and military families, highlighting the significant impact of their grants on various nonprofit programs. Reviews often commend their responsiveness and the tangible benefits provided to those in need, such as educational support and assistance for wounded veterans.

However, there are some criticisms, particularly regarding the lack of military representation within the staff, which has led to at least one low rating. Despite this, the overall sentiment remains overwhelmingly positive, with numerous testimonials emphasizing the foundation's strong commitment to its mission and the communities it serves.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

What do the Facebook reviews say about Asmba Star Foundation Inc?

100% of 10 reviewers on Facebook recommend the ASMBA Star Foundation Inc. Here is a summary of their reviews:

Many people express a strong admiration for the foundation, highlighting the dedication and compassion shown towards military personnel and their families. The commitment to serving this community is clearly appreciated, and reviewers feel honored to be associated with the organization.

Overall, the sentiment is overwhelmingly positive, reflecting that the nonprofit not only meets expectations but also resonates deeply with those involved in its mission. Supporters encourage the foundation to continue its admirable work.


This AI summary has been generated from reviews found on Facebook.

Is Asmba Star Foundation Inc legitimate?

Asmba Star Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Asmba Star Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.asmbastarfoundation.com

What is the mission statement of Asmba Star Foundation Inc?

The Asmba Star Foundation Inc's mission is centered around enhancing the quality of life for military service members, veterans, and their families. The organization is committed to addressing unmet financial, educational, employment, and medical needs that are not covered by the U.S. government. To achieve this, the foundation grants funds to charities focusing on assisting wounded, addicted, homeless, or at-risk veterans, as well as those who are unemployed or underemployed. The foundation's support extends to educational assistance, recreational or therapeutic healing activities, free legal or benefits counseling, service dogs for wounded veterans, and housing for homeless veterans, among other initiatives.


Official website here: www.asmbastarfoundation.com

Who is the CEO of Asmba Star Foundation Inc?

Brice N Smith is the Chair of Asmba Star Foundation Inc.


Official website here: www.asmbastarfoundation.com

What is the revenue of Asmba Star Foundation Inc?

Asmba Star Foundation Inc's revenue in 2023 was $184,464.


Official website here: www.asmbastarfoundation.com

Who are the executives of Asmba Star Foundation Inc and what are their salaries?

There 12 volunteers at Asmba Star Foundation Inc.


Here are 9 key members and their salaries:


Frank Bumstead (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Tonneslan (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Armistead Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Breast (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Favero (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Kubiet (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitsi Lindsay (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brice N Smith Non-Voting (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl A Stone Non-Voting (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.asmbastarfoundation.com

Where can I find the form 990 for Asmba Star Foundation Inc?

Asmba Star Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.asmbastarfoundation.com

Learn more at the official website: www.asmbastarfoundation.com

Mission Statement of Asmba Star Foundation Inc

The Asmba Star Foundation Inc is committed to enhancing the quality of life for military service members, veterans, and their families. This nonprofit organization is dedicated to addressing unmet financial, educational, employment, and medical needs that are not covered by the U.S. government. To achieve this mission, the foundation awards grants to various military charities that focus on providing assistance to wounded, addicted, homeless, or at-risk for becoming homeless, unemployed or underemployed, transitioning, and underserved military, veterans, and their families.

The Asmba Star Foundation Inc plays a crucial role in supporting charities that aim to heal our nation's heroes and their loved ones. They provide aid in various areas, such as educational assistance, recreational or therapeutic healing activities, free legal or benefits counseling, service dogs for wounded or disabled veterans, housing for homeless veterans, and numerous other forms of assistance. By contributing to these charities, the Asmba Star Foundation Inc is making a significant impact on the lives of military service members, veterans, and their families, helping them to overcome challenges and improve their overall well-being.

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Impact




October, 2024

Asmba Star Foundation Inc significantly enhances the quality of life for military service members, veterans, and their families by addressing critical gaps in support that the government may not fully cover. Through its grants to various military charities, the foundation plays a vital role in assisting those who are wounded, homeless, or at risk of homelessness, as well as those struggling with unemployment or addiction.

The foundation’s impact is multifaceted, focusing on crucial areas such as educational assistance, recreational and therapeutic activities, and essential legal or benefits counseling. It also aids in providing service dogs for disabled veterans and housing solutions for homeless individuals, fostering a sense of community and support among those who have served.

By facilitating retreats, after-school programs, and summer enrichment activities for children of service members, the foundation not only supports veterans but also helps nurture the well-being of their families. This comprehensive approach ensures that the needs of underserved military personnel and their dependents are met, contributing to their healing and resilience in the face of challenges. Through these efforts, Asmba Star Foundation Inc is transforming lives and making a profound difference in the lives of our nation’s heroes.




This information is meant to be a general summary of Asmba Star Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$184,464 (2023)
Expenses
$188,495 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $42,452
  • Gross Receipts: $884,950

Assets and Liabilities:

  • Total Assets: $2,069,928
  • Total Liabilities: $22,820
  • Net Assets: $2,047,108

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Organization Details

Founding Year

2008

Principal Officer

Brice N Smith

Main Address

1000 NORTHCHASE DR 220, GOODLETTSVILLE, TN, 37072

NTEE Category

Code: W30 - Public benefit

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