Daystar U. S.

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 2/19/2021. To update the information in this column, please email: info@ministrywatch.com


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: Alan Cooke

Chairman: William Boulware

Board size: 15

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 rating843 of 91396 of 105
Fund acquisition rating766 of 91587 of 105
Resource allocation rating741 of 91589 of 105
Asset utilization rating656 of 91377 of 105

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
6%11%18%21%17%14%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%11%17%20%16%14%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
98%98%96%92%95%95%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
5%11%17%16%14%15%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
2%2%4%8%5%5%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
83%76%65%70%73%71%
Spending ratio Spending ratio =
Total expenses /
Total revenue
98%98%99%122%116%90%
Program output ratio Program output ratio =
Program services /
Total revenue
81%75%65%85%85%64%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
2%2%1%-22%-16%10%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
4%1%0%-12%-11%6%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
10%13%17%14%13%14%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.330.710.530.670.750.52
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.291.151.141.201.211.34
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.020.820.600.800.900.69
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
17.62139.2651.9568.0210.0213.80
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.050.010.020.010.100.07
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
5.2414.5419.4614.7612.0216.10
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
8%1%2%1%8%5%
Debt ratio Debt ratio =
Debt /
Total assets
0%0%0%0%0%0%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
65%139%186%148%123%183%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$454,107$615,923$481,143$653,732$768,857
Receivables, inventories, prepaids$220,165$100,691$165,105$306,115$139,372
Short-term investments$827,746$797,051$768,521$700,948$677,518
Other current assets$0$0$0$0$0
Total current assets$1,502,018$1,513,665$1,414,769$1,660,795$1,585,747
Long-term investments$215,319$214,308$282,152$339,287$532,634
Fixed assets$5,550$1,671$2,405$1,541$1,501
Other long-term assets$0$0$0$0$0
Total long-term assets$220,869$215,979$284,557$340,828$534,135
Total assets$1,722,887$1,729,644$1,699,326$2,001,623$2,119,882
 
Liabilities20202019201820172016
Payables and accrued expenses$10,786$29,135$20,799$165,755$114,887
Other current liabilities$0$0$0$0$0
Total current liabilities$10,786$29,135$20,799$165,755$114,887
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$10,786$29,135$20,799$165,755$114,887
 
Net assets20202019201820172016
Without donor restrictions$240,751$353,894$296,465$272,404$232,071
With donor restrictions$1,471,350$1,346,615$1,382,062$1,563,464$1,772,924
Net assets$1,712,101$1,700,509$1,678,527$1,835,868$2,004,995
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$1,228,322$885,061$853,568$1,221,350$1,152,087
Program service revenue$17$15$249$85$200
Membership dues$0$0$0$0$0
Investment income$24,108$37,607$76,966$64,975$64,250
Other revenue$0$0$0$0$0
Total other revenue$24,125$37,622$77,215$65,060$64,450
Total revenue$1,252,447$922,683$930,783$1,286,410$1,216,537
 
Expenses20202019201820172016
Program services$936,528$599,467$791,677$1,093,289$779,287
Management and general$157,417$156,001$159,067$191,665$151,744
Fundraising$137,122$159,767$182,570$207,371$165,297
Total expenses$1,231,067$915,235$1,133,314$1,492,325$1,096,328
 
Change in net assets20202019201820172016
Surplus (deficit)$21,380$7,448($202,531)($205,915)$120,209
Other changes in net assets$0$0$0$0$0
Total change in net assets$21,380$7,448($202,531)($205,915)$120,209

Compensation

NameTitleCompensation
Mr Alan P CookeExecutive Director$76,096

Compensation data as of: 6/30/2020


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 2/19/2021. To update the information below, please email: info@ministrywatch.com


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