ASMBA STAR FOUNDATION: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: ASMBA STAR FOUNDATION (EIN 26-3180510)
Tax period: 2023-04-01 to 2024-03-31
Filed: 2024-10-21
IRS object ID: 202432959349301778
Schema version: 2023v5.1
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-10-21T14:20:07-07:00	ReturnTs
Tax Period End	2024-03-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	834386546	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Diana Landa CPA	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1382 Moonlight Trl	AddressLine1Txt
City	Brentwood	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	37027	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2023-04-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	263180510	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ASMBA STAR FOUNDATION INC	BusinessNameLine1Txt
Business Name Line2	DBA OVERWATCH ALLIANCE	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	ASMB	BusinessNameControlTxt
Phone	6158510800	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1000 NORTHCHASE DR 220	AddressLine1Txt
City	GOODLETTSVILLE	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	37072	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	BRICE N SMITH	PersonNm
Person Title	President	PersonTitleTxt
Signature	2024-10-21	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (true)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Diana Landa	PreparerPersonNm
PTIN	P00546366	PTIN
Phone	6154800499	PhoneNum
Self Employed	Yes (X)	SelfEmployedInd

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2024-10-15 13:58:12Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	BRICE N SMITH	PrincipalOfficerNm
Gross Receipts	$618,509	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.ASMBASTARFOUNDATION.COM	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2008	FormationYr
Legal Domicile State	TN	LegalDomicileStateCd
Activity Or Mission	TO IMPROVE THE QUALITY OF LIFE FOR ALL MILITARY SERVICE MEMBERS, VETERANS, AND THEIR FAMILIES.	ActivityOrMissionDesc
Voting Members Governing Body	7	VotingMembersGoverningBodyCnt
Voting Members Independent	7	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Volunteers	14	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
PY Contributions Grants	$142,012	PYContributionsGrantsAmt
CY Contributions Grants	$187,900	CYContributionsGrantsAmt
CY Program Service Revenue	$0	CYProgramServiceRevenueAmt
PY Investment Income	$42,452	PYInvestmentIncomeAmt
CY Investment Income	$106,375	CYInvestmentIncomeAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$184,464	PYTotalRevenueAmt
CY Total Revenue	$294,275	CYTotalRevenueAmt
PY Grants And Similar Paid	$170,100	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$118,000	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid	$0	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$18,395	PYOtherExpensesAmt
CY Other Expenses	$20,000	CYOtherExpensesAmt
PY Total Expenses	$188,495	PYTotalExpensesAmt
CY Total Expenses	$138,000	CYTotalExpensesAmt
PY Revenues Less Expenses	-$4,031	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$156,275	CYRevenuesLessExpensesAmt
Total Assets BOY	$2,069,928	TotalAssetsBOYAmt
Total Assets EOY	$2,415,045	TotalAssetsEOYAmt
Total Liabilities BOY	$22,820	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$15,302	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$2,047,108	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$2,399,743	NetAssetsOrFundBalancesEOYAmt
Mission	THE FOUNDATION IS DEDICATED TO IMPROVING THE QUALITY OF LIFE FOR ALL MILITARY SERVICE MEMBERS, VETERANS, AND THEIR FAMILIES BY CONTRIBUTING TO THOSE FINANCIAL, EDUCATIONAL, EMPLOYMENT AND MEDICAL NEEDS UNMET BY THE U.S. GOVERNMENT.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$131,450	ExpenseAmt
Grant	$118,000	GrantAmt
Revenue	$45,246	RevenueAmt
Desc	THE ASMBA STAR FOUNDATION AWARDS GRANTS TO OTHER MILITARY CHARITIES WHO ARE FOCUSED ON PROVIDING ASSISTANCE TO OUR NATION'S WOUNDED, ADDICTED, HOMELESS OR AT-RISK FOR BECOMING HOMELESS, UNEMPLOYED OR UNDEREMPLOYED, TRANSITIONING, AND UNDERSERVED MILITARY, VETERANS AND THEIR FAMILIES. WE HELP CHARITIES HEAL OUR NATION'S HEROES AND THEIR LOVED ONES BY PROVIDING SUPPORT IN THE AREAS OF EDUCATIONAL ASSISTANCE, RECREATIONAL OR THERAPEUTIC HEALING ACTIVITIES (INCLUDING RETREATS, AFTER-SCHOOL OR SUMMER ENRICHMENT ACTIVITIES FOR CHILDREN), FREE LEGAL OR BENEFITS COUNSELING, SERVICE DOGS TO WOUNDED/DISABLED VETERANS, HOUSING FOR HOMELESS VETERANS, AND SO MUCH MORE.	Desc
Total Program Service Expenses	$131,450	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	false	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	false	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (true)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (true)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (true)	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	false	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	0	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	0	EmployeeCnt
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	false	QuidProQuoContributionsInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Form8282 Filed	0	Form8282FiledCnt
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Form8899 Filedind	false	Form8899Filedind
Form1098 C Filed	false	Form1098CFiledInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	7	GoverningBodyVotingMembersCnt
Independent Voting Member	7	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	false	CompensationProcessCEOInd
Compensation Process Other	false	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	TN	StatesWhereCopyOfReturnIsFldCd
Own Website	Yes (X)	OwnWebsiteInd
Other Website	Yes (X)	OtherWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	BRICE N SMITH	PersonNm
Phone	6158510800	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1000 NORTHCHASE DR STE 220	AddressLine1Txt
City	GOODLETTSVILLE	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	37072	ZIPCd

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
FRANK BUMSTEAD
CHAIR	2.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
DENNIS TONNESLAN
VICE CHAIR	2.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
BILL ARMISTEAD III
Director	2.00	0.00	Yes (X)		$0	$0	$0
JERRY BREAST
Director	2.00	0.00	Yes (X)		$0	$0	$0
SUSAN FAVERO
Director	2.00	0.00	Yes (X)		$0	$0	$0
DEBRA KUBIET
Director	2.00	0.00	Yes (X)		$0	$0	$0
MITSI LINDSAY
Director	2.00	0.00	Yes (X)		$0	$0	$0
BRICE N SMITH NON-VOTING
President	4.00	0.00		Yes (X)	$0	$0	$0
CHERYL A STONE NON-VOTING
Secretary	4.00	0.00		Yes (X)	$0	$0	$0

Field	Value	IRS element (for citing)
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	false	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$187,900	AllOtherContributionsAmt
Total Contributions	$187,900	TotalContributionsAmt
Total Program Service Revenue	$0	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$45,246	TotalRevenueColumnAmt
Exclusion	$45,246	ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$385,363	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$324,234	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$61,129	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$61,129	TotalRevenueColumnAmt
Exclusion	$61,129	ExclusionAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Net Income From Gaming NetIncomeFromGamingGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$0	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$294,275	TotalRevenueColumnAmt
Exclusion	$106,375	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$118,000	TotalAmt
Program Services	$118,000	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$1,250	TotalAmt
Management And General	$1,250	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$5,300	TotalAmt
Management And General	$5,300	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$10,840	TotalAmt
Program Services	$10,840	ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$1,182	TotalAmt
Program Services	$1,182	ProgramServicesAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$1,373	TotalAmt
Program Services	$1,373	ProgramServicesAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt
FILING FEES	$30	$30
MISCELLANEOUS	$25	$25

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$138,000	TotalAmt
Program Services	$131,450	ProgramServicesAmt
Management And General	$6,550	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$324,475	BOYAmt
EOY	$2,100	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$37,439	BOYAmt
EOY	$429,375	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$1,767	BOYAmt
EOY	$728	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$155	BOYAmt
EOY	$46	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$3,679	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$3,679	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$1,706,092	BOYAmt
EOY	$1,982,796	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$2,069,928	BOYAmt
EOY	$2,415,045	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$22,820	BOYAmt
EOY	$15,302	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$22,820	BOYAmt
EOY	$15,302	EOYAmt

Field	Value	IRS element (for citing)
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

Field	Value	IRS element (for citing)
BOY	$2,047,108	BOYAmt
EOY	$2,399,743	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$2,047,108	BOYAmt
EOY	$2,399,743	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$2,069,928	BOYAmt
EOY	$2,415,045	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$156,275	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$196,360	NetUnrlzdGainsLossesInvstAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consol And Sep Basis Fincl Stmt	Yes (X)	ConsolAndSepBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (true)	AuditCommitteeInd
Federal Grant Audit Required	false	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$143,845	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$140,883	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$224,469	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$142,012	CurrentTaxYearMinus1YearAmt
Current Tax Year	$187,900	CurrentTaxYearAmt
Total	$839,109	TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$143,845	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$140,883	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$224,469	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$142,012	CurrentTaxYearMinus1YearAmt
Current Tax Year	$187,900	CurrentTaxYearAmt
Total	$839,109	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$610,577	SubstantialContributorsTotAmt
Public Support Total170	$228,532	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$27,262	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$25,525	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$25,171	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$35,961	CurrentTaxYearMinus1YearAmt
Current Tax Year	$45,246	CurrentTaxYearAmt
Total	$159,165	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$998,274	TotalSupportAmt
Public Support CY170	0.22890	PublicSupportCY170Pct
Public Support PY170	0.23690	PublicSupportPY170Pct
Ten Pct Facts Crcmstncs Test CY	Yes (X)	TenPctFactsCrcmstncsTestCYInd
Facts And Circumstances Test	Prior Year Facts and Circumstances: ASMBA Star Foundation, Inc. (Foundation) meets the facts and circumstances test set forth under Section 1.170A-9(f)(3) of the Treasury Regulations (the Facts and Circumstances Public Support Test) and, as a result, continues to be properly classified as a publicly-supported public charity described in Section 170(b)(1)(A)(vi) of the Code. Section 1.170A-9(f)(3) of the Treasury Regulations provides that an organization will satisfy the Facts and Circumstances Public Support Test if (i) the total amount of governmental and public support normally received by an organization equals at least 10% of the total support normally received by such organization, (ii) the organization is organized and operated as to attract new and additional public support on a continuous basis, and (iii) the organization is in the nature of an organization that is publicly supported taking into account all pertinent facts and circumstances, including the factors listed in Treas. Reg. Section 1.170A-9(f)(3)(iii)(A) through (E).The Foundation satisfies the first prong of the Facts and Circumstances Public Support Test because its public support percentage for the fiscal year ending March 31, 2024 is 22.89%, which is well over the 10% threshold. In addition, the Foundations public support percentage for the other years in the reporting period are substantially above the 10% threshold. The Foundations public support percentage for those other years in the reporting period are 23.69 for the fiscal year ending March 31, 2023, 26.5% for the fiscal year ending March 31, 2022, 25.32% for the fiscal year ending March 31, 2021, and 31.71% for the fiscal year ending March 31, 2020.The Foundation also satisfies the second prong of the Facts and Circumstances Public Support Test because it has been operated to attract new and additional public support on a continuous basis during the years included in the reporting period by maintaining continuous and bona fide programs for solicitation of funds from the general public and governmental sources. Specifically, the Foundation has conducted the following solicitation activities during the years included in the reporting period:Qualified for and participated in the Combined Federal Campaign (CFC), a program which allows current Federal employees and retirees, including members of the Armed Services, to designate payments to qualified charitable organizations via payroll withholding. Participation in the CFC gives the Foundation the ability to reach all Federal employees regardless of duty station or their current state of residence;Participated in purchase affinity programs;Participated in Salute to Veterans radiothon; Direct solicitation to those in the Middle Tennessee community known to have an interest in supporting the military;Encouraged Board members to contribute to the Foundation;Encouraged Board members to contact their friends and associates to contribute to the Foundation;Maintained a website, www.Overwatchalliance.org, which provides information and activities about the Foundation; andAttracted career military retirees who have demonstrated a willingness to continually support our military and their families with their service on the Board and with their financial contributions.With respect to the third and final prong of the Facts and Circumstances Public Support Test, there is little to no room for doubt the Foundation is an organization that is in the nature of an organization that is publicly supported taking into account all pertinent facts and circumstances, including the factors listed in Treas. Reg. Section 1.170A-9(f)(3)(iii)(A) through (E) (no one of which is determinative and not all of which have to be satisfied to meet the Facts and Circumstances Public Support Test). These enumerated factors in the Treasury Regulations are as follows: A. Percentage of Financial Support. Section 1.170A-9(f)(3)(iii)(A) of the Treasury Regulations provide that [t]he higher the percentage of support above the 10 percent requirement from public or governmental sources, the lesser will be the burden of establishing the publicly supported nature of the organization through other factors while the lower the percentage, the greater will be the burden. As outlined earlier in this explanation, the Foundations public support percentage is well over the 10% threshold in each of the five years included in the reporting period. B. Sources of Support. Under this factor, the fact that an organization meets the ten percent (10%) support requirement through support from governmental units or directly or indirectly from a representative number of persons, rather than receiving almost all of its support from the members of a single family is to be taken into consideration in determining whether an organization is publicly supported. As demonstrated by the Foundations public support percentage set forth above, the Foundation receives a significant portion of its support from a representative number of persons. In addition, the deemed non-public support received by the Foundation that exceeds 2% from the five years included in the reporting period is primarily derived from a connected organization named Armed Services Mutual Benefit Association (ASMBA). The Foundation believes that it is taking a conservative position in deeming the support received from ASMBA to be non-public support. ASMBA is a member-based organization that provides its members with a variety of low-cost benefit programs and financial security in the form of life insurance and survivor benefit coverages, which are not otherwise readily available at reasonable rates or without limiting clauses, such as war, to members of the Armed Services due to their occupation and the inherent risks involved in such occupation. ASMBA has a large and diverse membership and could be seen as representing its membership in making donations to the Foundation. C. Representative Governing Body. The fact that an organization has a governing body that represents the broad interests of the public, rather than the personal and private interests of a limited number of donors is to be taken into account in determining whether an organization is publicly supported.The Foundation has a representative governing body. All of the members of the Foundations Board of Directors and Board of Advisors have all served in the military and are knowledgeable about military life and life after military service. The members of the Board of Directors include high-ranking commissioned career retirees, career non-commissioned officers (NCO) retirees, and those who served in the military only 2-3 years. Following their military service, many of the members of the Board had enduring professional careers, with those careers including a lawyer, a financial advisor, a registered nurse, a real estate broker, and a former national account manager at the Internal Revenue Service. The Foundations Board members presently reside in four (4) different states, and no members of the Board are related.D. Availability of Public Facilities or Services. Providing facilities or services directly to the general public on a continuing basis is evidence that an organization is publicly supported. The Foundations mission is to improve the quality of life for all Military Service Members, Veterans, and their families. The Foundation primarily conducts this mission by providing grants to smaller Section 501(c)(3) organizations that are focused on providing assistance to our Nations wounded, addicted, homeless, at-risk, unemployed or underemployed, transitioning, and underserved military, veterans and their families. The Foundations support of these initiatives enables support to get directly to some of the most deserving members of our Nations general public, Military Service Members, Veterans, and their families. E. Additional Factors Pertinent to Membership Organizations. These factors do not have applicability to the Foundation as it is not a membership organization. As illustrated by the foregoing explanation, the Foundation clearly meets and satisfies all three prongs of the Facts and Circumstances Public Support Test and, as a result, continues to be properly classified as a publicly-supported public charity described in Section 170(b)(1)(A)(vi) of the Code.	FactsAndCircumstancesTestTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$3,679	OtherCostOrOtherBasisAmt
Depreciation	$3,679	DepreciationAmt

Field	Value	IRS element (for citing)
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$479,795	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$196,360	NetUnrealizedGainsInvstAmt
Revenue Not Reported	$196,360	RevenueNotReportedAmt
Revenue Subtotal	$283,435	RevenueSubtotalAmt
Investment Expenses Not Incld	$10,840	InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt	$10,840	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$294,275	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$127,160	TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal	$127,160	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$10,840	InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt	$10,840	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$138,000	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Part X : FIN48 Footnote	FormAndLineReferenceDesc
Explanation	ASMBA STAR FOUNDATION INC IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(3), AND, ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS. MANAGEMENT IS NOT AWARE OF ANY COURSE OF ACTION OR SERIES OF EVENTS THAT HAVE OCCURRED THAT MIGHT ADVERSELY AFFECT THE TAX EXEMPT STATUS OF THE ORGANIZATION. ASMBA STAR FOUNDATION FILES A FEDERAL TAX RETURN FORM 990. UNDER GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP), AN UNCERTAIN TAX POSITION IS RECOGNIZED AS A BENEFIT ONLY IF IT IS "MORE LIKELY THAN NOT" THAT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE "MORE LIKELY THAN NOT" TEST, NO TAX BENEFIT IS RECORDED. ASMBA STAR FOUNDATION HAD NO MATERIAL UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANACIAL STATEMENTS.AS OF MARCH 31, 2024 AND 2023, ASMBA STAR FOUNDATION HAS ACCRUED NO INTEREST AND NO PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. IT IS THE ASSOCIATION'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE. ASMBA STAR FOUNDATION FILES U.S. FEDERAL INFORMATION TAX RETURNS. THE RETURNS ARE GENERALLY OPEN TO AUDIT UNDER THE STATUTES OF LIMITATIONS FOR THREE YEARS FOLLOWING THE LATER OF THE INTITIAL DUE DATE OF THE RETURN OR THE DATE FILED.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part VI, Section B, Line 11b	THE 990 IS REVIEWED BY MANAGEMENT AND THE AUDIT COMMITTEE. IT IS THEN DISTRIBUTED TO THE BOARD PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
Form 990, Part VI, Section B, Line 12c	EACH MEMBER IS ASKED PRIOR TO EACH MEETING IF THEY HAVE A CONFLICT OF INTEREST. IF SO, THEY WITHDRAW TO HAVE A VOTE REGARDING THE GRANT.
Form 990, Part VI, Section C, Line 19	THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC BY REQUEST.
Form 990, Part XII, Line 2c	NO CHANGE FROM PRIOR YEARS.