Overview
What is Tri-Star Alliance Inc?
Tri-Star Alliance Inc, based in New Albany, Indiana, is a nonprofit organization primarily focused on facilitating financial assistance for family childcare providers. Through their participation in the Child and Adult Care Food Program (CACFP) overseen by the Indiana Department of Education's Division of School and Community Nutrition Program, they provide funds for meal reimbursement, operational expenses such as staff, supplies, and travel. As a pass-through entity, Tri-Star Alliance Inc plays a crucial role in ensuring that in-home daycare providers can sustain their operations while providing nutritious meals for the children in their care. With a modest workforce of three individuals, they continue to make a significant impact in their community.
Official website here: www.tri-staralliance.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 77%, Three-Star out of Four Star rating. This rating reflects a strong performance in the area of Accountability & Finance, earning a score of 77%. The rating is derived exclusively from this category, indicating that the organization maintains a solid financial structure and is accountable in its operations.
Tri-Star Alliance Inc demonstrates a high level of governance, with 100% of its board members being independent, which enhances its credibility and operational integrity. The charity has effectively minimized risks associated with asset diversion and has a robust program expense ratio of 99.26%, indicating that the vast majority of its expenditures are directed towards its programs.
However, there is a notable limitation regarding the absence of a whistleblower policy, which may raise concerns about transparency and accountability in reporting unethical behavior. While the organization shows strong financial management and governance, addressing this gap could further enhance its operational effectiveness and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Tri-Star Alliance Inc legitimate?
Tri-Star Alliance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tri-Star Alliance 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: $65,958
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.tri-staralliance.com
What is the mission statement of Tri-Star Alliance Inc?
Tri-Star Alliance Inc, as a not-for-profit entity, serves as an intermediary for in-home daycare providers to receive federal reimbursement for meals they serve. Its primary mission is to facilitate the participation of the Indiana Department of Education's Division of School and Community Nutrition Program in the CACFP (Child and Adult Care Food Program). By acting as a pass-through entity, Tri-Star Alliance Inc provides financial assistance for food costs, enabling these daycare providers to maintain affordable meal options for the children under their care. Additionally, the organization provides funds for operational expenses, such as staff salaries, supplies, and travel expenses, ensuring the smooth functioning of these in-home daycare providers.
Official website here: www.tri-staralliance.com
Who is the CEO of Tri-Star Alliance Inc?
James L Miller is the Asst Director of Tri-Star Alliance Inc.
Official website here: www.tri-staralliance.com
What is the revenue of Tri-Star Alliance Inc?
Tri-Star Alliance Inc's revenue in 2022 was $828,768.
Official website here: www.tri-staralliance.com
Who are the executives of Tri-Star Alliance Inc and what are their salaries?
The average compensation at Tri-Star Alliance Inc during 2022 was $21,986. There are 3 employees at Tri-Star Alliance Inc.
Here are 2 key members and their salaries:
- Compensation: $38,365
- Related: $0
- Other: $0
- Compensation: $12,976
- Related: $0
- Other: $0
Official website here: www.tri-staralliance.com
Where can I find the form 990 for Tri-Star Alliance Inc?
Tri-Star Alliance Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tri-staralliance.com
Learn more at the official website: www.tri-staralliance.com
Mission Statement of Tri-Star Alliance Inc
Tri-Star Alliance Inc, a not-for-profit corporation, serves as a crucial intermediary in the CACFP (Child and Adult Care Food Program) managed by Indiana's Department of Education's Division of School and Community Nutrition Program. Its primary mission is to facilitate the receipt of federal reimbursement for meals served in family child care homes. By acting as a pass-through entity, Tri-Star Alliance Inc enables these providers to cover their food costs, thereby ensuring that nutritious meals are continuously provided to the young minds under their care. In addition to these food cost reimbursements, the organization also provides funds for operational expenses, such as staff salaries, supplies, and travel, thereby enabling these family child care homes to operate smoothly and effectively.
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Impact
October, 2024
Tri-Star Alliance Inc plays a vital role in supporting family child care homes in Indiana by facilitating access to essential funds through the Child and Adult Care Food Program (CACFP). By acting as a pass-through entity, Tri-Star Alliance ensures that in-home daycare providers receive timely food cost reimbursements, which are critical for maintaining the quality and nutritional standards of meals served to children.
This organization’s efforts not only help alleviate financial burdens on caregivers but also enhance the overall wellbeing and development of children in these care settings. By providing resources for operations, staff, supplies, and travel, Tri-Star Alliance empowers daycare providers to focus on creating a nurturing environment without the stress of managing food-related expenses.
In doing so, Tri-Star Alliance Inc significantly improves access to nutritious meals for young children across New Albany and beyond, fostering healthier dietary habits and supporting the larger mission of community nutrition in the region.
This information is meant to be a general summary of Tri-Star Alliance 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $828,768
Assets and Liabilities:
- Total Assets: $2,783
- Total Liabilities: $0
- Net Assets: $2,783
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Organization Details
Founding Year
2002
Phone
(812) 952-2333Principal Officer
James L Miller
Main Address
PO Box 498, New Albany, IN, 471510498
Website
www.tri-staralliance.comNTEE Category
Code: P30 - Human services
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