Daystar U. S.

Summary

Daystar U.S., Inc. ("Daystar") raises funds to support Daystar University, a Christian liberal arts university in Nairobi, Kenya. Daystar provides a broad-based, biblically oriented approach to training men and women for more effective service in church and society without the culturally disruptive and prohibitive cost of overseas training. Daystar's origins go back to 1967 when Dr. Donald K. Smith, an American, and S.E.M. Pheko, an African, founded Daystar Communications to evaluate various media used in communicating the message of Christ; to analyze the target audience of such messages; and, to design and develop more effective communication strategies for reaching such audiences. This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).


Contact information

Mailing address:
5701 Normandale Rd
Suite #323
Edina, MN 55424-2400

Website: www.daystarus.org

Phone: (952) 928-2550

Email: Daystar@daystarus.org


Organization details

EIN: 953732280

CEO/President: Dr. Dennis Morrow

Chairman: Mr. Ronald Tschetter

Board size: 19

Founder: Dr. Donald K. Smith & S.E.M. Pheko

Year founded: 1982

Tax deductible: Yes

Fiscal year end: 06/30

Member of ECFA: Yes

Member of ECFA since: 1989


Purpose

Daystar U.S., Inc. ("Daystar") raises funds to support Daystar University, a Christian liberal arts university in Nairobi, Kenya. Daystar provides a broad-based, biblically oriented approach to training men and women for more effective service in church and society without the culturally disruptive and prohibitive cost of overseas training. Daystar's origins go back to 1967 when Dr. Donald K. Smith, an American, and S.E.M. Pheko, an African, founded Daystar Communications to evaluate various media used in communicating the message of Christ; to analyze the target audience of such messages; and, to design and develop more effective communication strategies for reaching such audiences.

This organization is a nonprofit. Contributions to it are fully tax deductible to the extent allowed by law. It is a member of the Evangelical Council for Financial Accountability (ECFA).


Mission statement

Daystar's Mission Statement is:

Daystar has a two-fold mission:
- First, to help church and missionary organizations increase their effectiveness in communicating Christ to the culturally diverse societies of Africa.
-Second, to provide a university-level educational center where Christians throughout Africa can earn accredited degrees and be equipped as men and women of integrity.


Statement of faith

Transparency grade

A

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating714 of 72591 of 94
Fund acquisition rating699 of 72690 of 94
Resource allocation rating692 of 72691 of 94
Asset utilization rating553 of 72573 of 94

Financial ratios

Funding ratiosSector median20192018201720162015
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%18%21%17%14%9%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%17%20%16%14%9%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%96%92%95%95%96%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%17%16%14%15%13%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%4%8%5%5%4%
 
Operating ratiosSector median20192018201720162015
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%65%70%73%71%70%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%99%122%116%90%67%
Program output ratio Program output ratio =
Program services /
Total revenue
82%65%85%85%64%47%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%1%-22%-16%10%33%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%0%-12%-11%6%26%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%17%14%13%14%17%
 
Investing ratiosSector median20192018201720162015
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.460.530.670.750.520.47
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.351.141.201.211.341.29
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.190.600.800.900.690.60
 
Liquidity ratiosSector median20192018201720162015
Current ratio Current ratio =
Total current assets /
Total current liabilities
14.9751.9568.0210.0213.807.41
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.060.020.010.100.070.13
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.0119.4614.7612.0216.1017.17
 
Solvency ratiosSector median20192018201720162015
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%2%1%8%5%10%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
63%186%148%123%183%191%

Financials

Balance sheet
 
Assets20192018201720162015
Cash$615,923$481,143$653,732$768,857$784,579
Receivables, inventories, prepaids$100,691$165,105$306,115$139,372$188,791
Short-term investments$797,051$768,521$700,948$677,518$683,688
Other current assets$0$0$0$0$0
Total current assets$1,513,665$1,414,769$1,660,795$1,585,747$1,657,058
Long-term investments$214,308$282,152$339,287$532,634$476,337
Fixed assets$1,671$2,405$1,541$1,501$2,434
Other long-term assets$0$0$0$0$0
Total long-term assets$215,979$284,557$340,828$534,135$478,771
Total assets$1,729,644$1,699,326$2,001,623$2,119,882$2,135,829
 
Liabilities20192018201720162015
Payables and accrued expenses$29,135$20,799$165,755$114,887$223,487
Other current liabilities$0$0$0$0$0
Total current liabilities$29,135$20,799$165,755$114,887$223,487
Debt$0$0$0$0$0
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$0$0$0$0$0
Total liabilities$29,135$20,799$165,755$114,887$223,487
 
Net assets20192018201720162015
Unrestricted$353,894$296,465$272,404$232,071$193,192
Temporarily restricted$695,697$755,144$962,658$1,195,649$1,175,086
Permanently restricted$650,918$626,918$600,806$577,275$544,064
Net assets$1,700,509$1,678,527$1,835,868$2,004,995$1,912,342
 
Revenues and expenses
 
Revenue20192018201720162015
Total contributions$885,061$853,568$1,221,350$1,152,087$1,440,971
Program service revenue$15$249$85$200$72
Membership dues$0$0$0$0$0
Investment income$37,607$76,966$64,975$64,250$59,026
Other revenue$0$0$0$0$0
Total other revenue$37,622$77,215$65,060$64,450$59,098
Total revenue$922,683$930,783$1,286,410$1,216,537$1,500,069
 
Expenses20192018201720162015
Program services$599,467$791,677$1,093,289$779,287$701,383
Management and general$156,001$159,067$191,665$151,744$169,979
Fundraising$159,767$182,570$207,371$165,297$130,306
Total expenses$915,235$1,133,314$1,492,325$1,096,328$1,001,668
 
Change in net assets20192018201720162015
Surplus (deficit)$7,448($202,531)($205,915)$120,209$498,401
Other changes in net assets$0$0$0$0$0
Total change in net assets$7,448($202,531)($205,915)$120,209$498,401

Compensation

NameTitleCompensation
Mr Alan P CookeExecutive Director$77,730

Compensation data as of: 6/30/2019


Response from ministry

No response has been provided by this ministry.


History

Daystar's origins go back to 1967 when Dr. Donald K. Smith, an American, and S.E.M. Pheko, an African, founded Daystar Communications to evaluate various media used in communicating the message of Christ; to analyze the target audience of such messages; and, to design and develop more effective communcaiton strategies for reaching such audiences.

In 1971 Daystar began short-term training programs to assist church leaders in developing cross-cultural communication strategies. In 1976, Daystar added a two-year diploma program; in 1978, a Master of Arts degree; and in 1984, a Bachelor of Arts degree.

The student body of Daystar is growing as new programs and courses are added. Over the past years more than 4,000 students, from more than 50 different countries and numerous denominations, have participated in Daystar's programs.


Program accomplishments


Needs