BBB Wise Giving Report for
Silver Star Families of America

BBB Wise Giving Report issued October 2011
BBB Wise Giving Report expires October 2013


This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: Silver Star Families of America
Address: 525 Cave Hollow Road
  Clever, MO 65631
Phone: 417-743-2508
Web Address: www.silverstarfamilies.org
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BBB Wise Giving Alliance Comments

Year, State Incorporated: 2005, Missouri
Affiliates: None
Stated Purpose: "to remember, honor and assist the wounded, ill, injured and dying of our Armed Forces from all wars."

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Evaluation Conclusions

               

Silver Star Families of America (SSFA) meets the 20 Standards for Charity Accountability.
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Programs

               

The organization issues a Silver Star Service Banner and certificate to every wounded and ill Soldier that meets qualifications, and requests one. SSFA is a Veterans Administration Volunteer Services board member. SSFA reports that it supports a least 50 V.A. hospitals across the country with care packages. Its hospice program provides Prayer Blankets to Veterans palliative care and has a game, food, card and letter writing team program.

For the year ended December 31, 2010, SSFA's program expenses were:

  
Program services 21,176
Total Program Expenses: $21,176
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Governance

               

Chief Executive : Steve Newton, President
Compensation*:
 $0

Chair of the Board: Steve Newton
Chair's Profession / Business Affiliation: President, Silver Star Families of America

Board Size: 6

Paid Staff Size: 0

*The organization reports that it has no paid staff.
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Fund Raising

               

Method(s) Used:

Special events, grant proposals, planned giving, Internet appeals, and membership appeals.
Fund raising costs were 18% of related contributions. (Related contributions, which totaled $22,813, are donations received as a result of fund raising activities.)
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Tax Status

               

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

               

The following information is based on SSFA's audited financial statements for the year ended December 31, 2010.

Source of Funds  
Grant revenue 9,000
Contributions 8,853
In-kind contributions 3,781
Flag sponsorship 1,993
Fundraising events 1,179
Sales of store items (net) 117
Interest income 17
Total Income $24,940


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Uses of Funds as a % of Total Expenses

Programs: 72%  Fund Raising: 14%  Administrative: 14% 

Total income   $24,940
  Program expenses $21,176
  Fund raising expenses 4,189
  Administrative expenses 4,251
 
Total expenses   $29,616
Expenses in Excess of Income   (4,676)
Beginning net assets   23,529
Ending net assets   18,853
Total liabilities  
Total assets   $18,853

Note: According to audited financial statements for the year ended December 31, 2010, SSFA received $3,781 of in-kind contributions, including materials, supplies and equipment ($2,181) and rent ($1,600).

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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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