Daystar US INC

Tax-deductible

Bloomington, MN501(c)(3)EIN 95-3732280

To advance the education of christian servant leaders to transform africa.

501(c)(3) charity; gifts are tax-deductible.
57¢ of each $1 spent went to programs.
Run by 48 volunteers and 5 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
Is it a real charity?
501(c)(3)
not on the IRS revocation list
IRS BMF · Auto-Revocation List
Are gifts tax-deductible?
Yes
Donations are tax-deductible
IRS Pub. 78 · IRS BMF
Is it filing on time?
FY2024
latest Form 990
IRS e-file · Filing history
Is it financially stable?
3 of 4
years in the black
Pt I · Ln 19 · 4 filings
How much reaches the programs?
57%
of spending
Pt IX · Ln 25 · col B
What are leaders paid?
$73K
to officers and key staff · 10% of spending
Pt VII · Sec A
Do they have reserves?
13 mo
of spending, in cash
Pt X · Ln 1–2 · Pt I · Ln 18
Who is supporting them already?
1
named funder · $15K
Funders’ Sch. I, 990-PF
Do they carry debt?
$40K
liabilities
Pt X · Ln 26
Who oversees it?
13
independent of 13 voting board members
Pt VI · Ln 1a–1b
Revenue
$1.2M
-17% vs prior year
Spent
$760K
To programs
57%
Net assets
$2.9M
By yearFY2021–FY2024
Revenue
$1.2M
FY2024▼ -17%
Revenue by fiscal year
FY2021$1.1M
FY2022$2.0M
FY2023$1.4M
FY2024$1.2M
Expenses
$760K
FY2024▼ -52%
Expenses by fiscal year
FY2021$893K
FY2022$1.3M
FY2023$1.6M
FY2024$760K
Net assets
$2.9M
FY2024▲ +20%
Net assets by fiscal year
FY2021$2.1M
FY2022$2.6M
FY2023$2.4M
FY2024$2.9M

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

Give Claim

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Last filed FY2024 — 3 yrs ago
Legal name (IRS)Hdr · item CDaystar US INC
EINHdr · item D95-3732280
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJan 1987
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CBloomington, MN
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jwww.daystarus.org

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.57 Management & general $0.24 Fundraising $0.18
Program services57%$435K
Management & general24%$185K
Fundraising18%$140K
Total functional expensesLn 25$760K

Financial health

Is it on solid ground?

Program efficiency
57%
of spending reaches programs▼ -26% vs prior filing year
Operating runway
31.9mo
months of highly liquid reserves at operating expense rate▲ +142% vs prior filing year
Surplus margin
+35%
revenue over expenses, this year▲ +338% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Total assets
$3.0M
FY2024▲ +19%
Total assets by fiscal year
FY2021$2.2M
FY2022$2.7M
FY2023$2.5M
FY2024$3.0M
Total liabilities
$40K
FY2024▼ -29%
Total liabilities by fiscal year
FY2021$36K
FY2022$16K
FY2023$55K
FY2024$40K
Revenue less expensesPt I · Ln 19$403K
Total assetsPt X · Ln 16$3.0M
Program-expense ratioPt IX · col B57%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413

Balance Sheet

Part X · end of year
CashLn 1$804K
Total assetsLn 16$3.0M
Total liabilitiesLn 26$40K
Total net assetsLn 32$2.9M
Months of cash on handcomputed12.7

Statement of Revenue

Part VIII
Contributions & grants$898K · 77%
Investment income$265K · 23%
Contributions & grants77%$898K
Investment income23%$265K
Program service revenue$311
Total revenueLn 12$1.2M

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.0M · Operating expenses/yr $760K
31.9 months
Where the money goes
Program services
Program services $435K · Total expenses $760K
57%
Management & General
Management & general $185K · Total expenses $760K
24%
Fundraising
Fundraising $140K · Total expenses $760K
18%
Cost to raise $1
Fundraising expense (3-yr avg) $140K · Solicited contributions (3-yr avg) $1.4M
$0.10 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $898K · Total revenue $1.2M
77%
Government reliance
Government grants — · Total revenue $1.2M
—
Earned-income share
Program service revenue $311 · Total revenue $1.2M
0.03%
Investment reliance
Investment income $265K · Total revenue $1.2M
+23%
Program self-sufficiency
Program service revenue $311 · Total expenses $760K
0.04%
Growth & trend
Revenue growth (YoY)
This year $1.2M · Prior year $1.4M
-17%
Net-asset trend (YoY)
End of year $2.9M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.2M · Expenses $760K
+35%
Liabilities-to-Assets
Total liabilities — · Total assets $3.0M
—
Net-asset ratio
Net assets $2.9M · Total assets $3.0M
99%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $1.2M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $3.0M
41%
People & payroll
Highest Reported Total Compensation
Individual Mr Alan P Cooke · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $73K · Total expenses $760K
10%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $342K · Total expenses $760K
45%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 57%——
Overhead ratio 24%——
Fundraising cost ratio 16%——
Revenue growth -17%——
Investment management fee ratio 0.3%——
Accounting fee ratio 1%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$73,288Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021
Mr Alan P Cooke$73,288$69,333$65,000$65,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Governance & Policies

Part VI
  • 13Voting board membersPt VI · Ln 1a
  • 13Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13Yes
  • Document retention policyPt VI · Ln 14Yes
  • Top official’s pay independently reviewedPt VI · Ln 15aYes
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Educates Christian servant leaders to transform Africa.

Provided by the organization

This section is blank until Daystar US INC claims this page.

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Mission & Programs · Part III

Where the work happens

3 program services account for $435K of program spending, described in the organization's own filed words · FY2023.
01

Daystar University

Scholarship support: daystar U.S. Raises funds for scholarships and provides administrative services and guidance to assist and facilitate a process to help qualified, but financially needy students to achieve a college education at daystar university in nairobi, kenya.

$246Kprogram expense
02

Support for programs designed to provide christian ministries training for those already in career fields and for programs to provide additional faculty resources.

$153Kprogram expense
03

Daystar University

Loan program: to provide loans to students.

$36Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$15K

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 Latest Viewing $1.2M$760K-17% 990 PDF
FY2023 $1.4M$1.6M-29% 990 PDF
FY2022 $2.0M$1.3M+71% 990 PDF
FY2021 $1.1M$893K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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