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

Financial efficiency ratings

Sector: Foreign Missions

CategoryRatingOverall rankSector rank
Overall efficiency rating408 of 43077 of 78
Fund acquisition rating411 of 43075 of 78
Resource allocation rating397 of 43076 of 78
Asset utilization rating283 of 43051 of 78

Financial ratios

Funding ratiosMedian % for
all ministries in
MW database
20182017201620152014
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%21%17%14%9%10%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%20%16%14%9%10%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
95%92%95%95%96%97%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%16%14%15%13%14%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
5%8%5%5%4%3%
 
Operating ratiosMedian % for
all ministries in
MW database
20182017201620152014
Program expense ratio Program expense ratio =
Program services /
Total expenses
82%70%73%71%70%71%
Spending ratio Spending ratio =
Total expenses /
Total revenue
99%122%116%90%67%74%
Program output ratio Program output ratio =
Program services /
Total revenue
81%85%85%64%47%53%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
1%-22%-16%10%33%26%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
3%-12%-11%6%26%21%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%14%13%14%17%15%
 
Investing ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.320.670.750.520.470.53
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.531.201.211.341.291.00
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.530.800.900.690.600.53
 
Liquidity ratiosMedian measure
for all ministries
in MW database
20182017201620152014
Current ratio Current ratio =
Total current assets /
Total current liabilities
9.1068.0210.0213.807.417.11
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.100.010.100.070.130.14
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
4.0614.7612.0216.1017.1719.33
 
Solvency ratiosMedian % for
all ministries in
MW database
20182017201620152014
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
10%1%8%5%10%14%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
64%148%123%183%191%161%

Financials

Balance sheet
 
Assets20182017201620152014
Cash$481,143$653,732$768,857$784,579$905,770
Receivables, inventories, prepaids$165,105$306,115$139,372$188,791$37,101
Short-term investments$768,521$700,948$677,518$683,688$756,039
Other current assets$0$0$0$0$0
Total current assets$1,414,769$1,660,795$1,585,747$1,657,058$1,698,910
Long-term investments$282,152$339,287$532,634$476,337$0
Fixed assets$2,405$1,541$1,501$2,434$2,181
Other long-term assets$0$0$0$0$0
Total long-term assets$284,557$340,828$534,135$478,771$2,181
Total assets$1,699,326$2,001,623$2,119,882$2,135,829$1,701,091
 
Liabilities20182017201620152014
Payables and accrued expenses$20,799$165,755$114,887$223,487$238,910
Other current liabilities$0$0$0$0$0
Total current liabilities$20,799$165,755$114,887$223,487$238,910
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$20,799$165,755$114,887$223,487$238,910
 
Net assets20182017201620152014
Unrestricted$296,465$272,404$232,071$193,192$98,170
Temporarily restricted$755,144$962,658$1,195,649$1,175,086$845,029
Permanently restricted$626,918$600,806$577,275$544,064$518,982
Net assets$1,678,527$1,835,868$2,004,995$1,912,342$1,462,181
 
Revenues and expenses
 
Revenue20182017201620152014
Total contributions$853,568$1,221,350$1,152,087$1,440,971$1,189,240
Program service revenue$249$85$200$72$1,883
Membership dues$0$0$0$0$0
Investment income$76,966$64,975$64,250$59,026$29,022
Other revenue$0$0$0$0$0
Total other revenue$77,215$65,060$64,450$59,098$30,905
Total revenue$930,783$1,286,410$1,216,537$1,500,069$1,220,145
 
Expenses20182017201620152014
Program services$791,677$1,093,289$779,287$701,383$642,327
Management and general$159,067$191,665$151,744$169,979$140,092
Fundraising$182,570$207,371$165,297$130,306$124,066
Total expenses$1,133,314$1,492,325$1,096,328$1,001,668$906,485
 
Change in net assets20182017201620152014
Surplus (deficit)($202,531)($205,915)$120,209$498,401$313,660
Other changes in net assets$0$0$0$0$0
Total change in net assets($202,531)($205,915)$120,209$498,401$313,660

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