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Passes our checks

Blue and Gold Loyalty Foundation

EIN 82-1864023 · Greensboro, NC

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthWeak43 out of 100GovernanceFair64 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

To develop the A&T band students by supporting programs that provide community outreach through music opportunities. We cultivate and empower band members through financial support for educational endeavors, musical development, and mentorship.

Income
$285,754
Spending
$307,928
Spent on programs
99%
Reserves
0.9 months of spending
Largest source of income
fees for its services, 53%
Employees
0
Volunteers
200

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Weak: 43 out of 100. Higher than 11% of charities in its peer group (education, $250k to $1m).

  • Reserves

    4 of 35

    Spendable reserves would cover 0.9 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    4 of 15

    Spending exceeded income by 8% of income.

  • Income trend

    0 of 15

    Income fell 33% on the year before.

  • Spending floor

    15 of 15

    99% of spending went to programs and raising each dollar of donations cost 1 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 64 out of 100. Higher than 42% of charities in its peer group (education, $250k to $1m).

  • Independent board

    0 of 25

    2 of 2 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $183,443 spent. Provided critical financial cultivation and empowerment to university band members by awarding academic and merit-based scholarships alongside direct emergency and supplemental aid. The organization assisted students as requested and needed with essential living and academic expenses, including tuition, housing/rent, food, and other general student needs. By directly offsetting these tuition, housing, and fundamental educational fees, the program ensured that talented musicians could overcome financial barriers to pursue their higher education degrees while maintaining their rigorous musical training commitments within the university band ensembles.
  2. $91,722 spent. Supported the Department of University Bands through the procurement of essential educational equipment, field supplies, performance wear/uniforms, instructional sheet music, musical software, video editing software, and the hiring of professional clinicians. These resources provided the vital infrastructure required for the bands operational success, safe travel to performances, and modern academic instruction, enhancing the holistic training environment for all participating band student-athletes and musicians.
  3. $30,574 spent. The foundation directly enhanced the bands training environment by bringing in elite professional clinicians and guest performers to mentor and perform alongside our students. Through these unique engagements, musicians in the Blue and Gold Marching Machine (BGMM) and the Aggie Rhythm and Blues Revue stage band received critical masterclass training and advanced technical coaching. Partnering with active industry professionals provided invaluable performance exposure, ensuring our student musicians receive a premier musical education.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since October 2017.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.