Daystar Life Center Inc
- Assets
- $4.8m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 7
- Location
- St Petersburg, FL
- Founding
- 02/1995
- Data as of
- 08/2021
- EIN
- 65-0523539
Organization Overview
Daystar Life Center Inc is located in St Petersburg, FL. The organization was established in 1995. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 08/2021, Daystar Life Center Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Daystar Life Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2021, Daystar Life Center Inc generated $1.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $1.8m during the year ending 08/2021. While expenses have increased by 7.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES CRITICAL SUPPORT SERVICES FOR LOW-INCOME FAMILIES, ELDERLY AND DISABLED TO PROMOTE STABILITY, SELF-RELIANCE & DIGNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH DONATIONS AND VOLUNTEERS DAYSTAR DISTRIBUTED 38,990 BAGS OF FOOD TO HUNGRY INDIVIDUALS AND FAMILIES. THESE BAGS INCLUDED FRESH FRUITS AND VEGETABLES, MEATS, DAIRY PRODUCTS, CANNED GOODS, AND BAKERY ITEMS FOR NUTRITIOUS AND SUSTAINABLE MEALS. DAYSTAR CONTINUES TO PARTNER WITH NEIGHBORLY CARE NETWORK TO PROVIDE SUPPLEMENTAL FOOD TO LOW-INCOME SENIORS PARTICIPATING AT SEVERAL CONGREGATE DINING SITES AROUND PINELLAS COUNTY. 6,522 INDIVIDUALS RECEIVED PERSONAL HYGIENE ITEMS TO INCLUDE SOAP, SHAMPOO, RAZORS, TOOTHPASTE, TOILET PAPER, DIAPERS, SOCKS, UNDERWEAR, AND LAUNDRY DETERGENT TO MAINTAIN THEIR DIGNITY AND HEALTH.
DAYSTAR HELPED 2,512 HOUSEHOLDS AVOID EVICTIONS AND REMAIN SAFELY IN THEIR HOMES THROUGH ASSISTANCE WITH PAST DUE RENT/MORTGAGE, ELECTRIC BILLS, WATER BILLS, AND NATURAL GAS BILLS. CLIENTS SERVED BY DAYSTAR ARE ON A FIXED INCOME AND/OR RECEIVE BELOW LIVABLE WAGES. ANY EMERGENCY OR SPIKE IN UTILITY USAGE CAN CREATE AN INABILITY TO PAY CRUCIAL BILLS. MANY LANDLORDS WILL EVICT TENANTS IF THEY DO NOT HAVE UTILITY SERVICE.
8,505 ARTICLES OF CLOTHING AND HOUSEHOLD GOODS WERE DISTRIBUTED TO CLIENTS FOR JOB INTERVIEWS, PROTECTION IN INCLEMENT WEATHER, TO ATTEND CHURCH AND FUNERALS, OR TO REPLACE CLOTHING THAT HAS BEEN LOST, DAMAGED OR NO LONGER FITS. DAYSTAR VOLUNTEERS ASSISTED 1,299 INDIVIDUALS IN OBTAINING VITAL DOCUMENTS SUCH AS THEIR FLORIDA IDENTIFICATION AND/OR BIRTH CERTIFICATES. THESE VITAL DOCUMENTS ARE REQUIRED FOR EMPLOYMENT, PERSONAL BANKING, DISABILITY BENEFITS, ACCESSING SHELTERS AND UTILIZING SOCIAL SERVICES. VOLUNTEERS WORK WITH CLIENTS TO ENSURE THEY HAVE CORRECTLY COMPLETED THEIR BIRTH CERTIFICATE FORMS, MAKE COPIES OF THEIR REQUIRED BACK-UP DOCUMENTATION, RESEARCH ALTERNATIVE DOCUMENTS IF ESSENTIAL ONES WERE LOST; WRITE LETTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jane Trocheck Walker Executive Di | Officer | 50 | $71,187 |
Jay K Ghosh President | OfficerTrustee | 15 | $0 |
Deacon Michael Menchen Vice Preside | OfficerTrustee | 3 | $0 |
Dr Christine Larsen Recording Se | OfficerTrustee | 3 | $0 |
Dr Jacquelyn Dawson Correspondin | OfficerTrustee | 3 | $0 |
Judy Wilson Treasurer | OfficerTrustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $150,458 |
| Related organizations | $0 |
| Government grants | $116,581 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,438,908 |
| Noncash contributions included in lines 1a–1f | $609,787 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,705,947 |
| Total Program Service Revenue | $0 |
| Investment income | $23,914 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $60,930 |
| Net Income from Fundraising Events | -$1,889 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,790,664 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,184,586 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $259,169 |
| Pension plan accruals and contributions | $18,426 |
| Other employee benefits | $46,069 |
| Payroll taxes | $18,797 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $30,246 |
| Advertising and promotion | $0 |
| Office expenses | $19,351 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $55,422 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $101,532 |
| Insurance | $12,620 |
| All other expenses | $1,843 |
| Total functional expenses | $1,771,669 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $51,224 |
| Savings and temporary cash investments | $625,489 |
| Pledges and grants receivable | $44,155 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,963 |
| Net Land, buildings, and equipment | $2,943,861 |
| Investments—publicly traded securities | $259,244 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $892,589 |
| Total assets | $4,818,525 |
| Accounts payable and accrued expenses | $82,174 |
| Grants payable | $0 |
| Deferred revenue | $7,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $89,174 |
| Net assets without donor restrictions | $4,663,008 |
| Net assets with donor restrictions | $66,343 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,818,525 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that Daystar Life Center Inc has recieved totaling $344,914.
| Awarding Organization | Amount |
|---|---|
Pinellas Community Foundation Clearwater, FL PURPOSE: GENERAL SUPPORT | $106,200 |
Milkey Family Foundation Inc St Pete Beach, FL PURPOSE: CHARITY | $100,000 |
United Way Suncoast Inc Tampa, FL PURPOSE: ALLOCATIONS, DESIGNATIONS, DISASTER RELIEF RESPONSE, GRANTS & PROGRAM IMPACT FUNDING | $41,300 |
Arthur Family Foundation Gulfport, FL PURPOSE: CHARITABLE | $25,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $25,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $10,000 |
Endowment Analysis
| Beg. Balance | $635,209 |
| Earnings | $165,822 |
| Admin Expense | $8,442 |
| Net Contributions | $100,000 |
| Ending Balance | $892,589 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Montgomery Community Action Committee Montgomery, AL | $13,253,001 | $19,355,950 |
Society Of St Vincent De Paul South Pinellas Inc St Petersburg, FL | $20,224,703 | $21,064,190 |
Community Service Programs Of West Alabama Inc Tuscaloosa, AL | $11,169,657 | $19,088,639 |
Catholic Charities Bureau Jacksonville, FL | $12,649,665 | $19,074,889 |
St Johns County Welfare Federation St Augustine, FL | $11,404,486 | $15,403,737 |
Coastal Georgia Area Community Action Authority Inc Brunswick, GA | $8,853,505 | $18,530,212 |
Changing Homelessness Inc Jacksonville, FL | $1,897,568 | $14,269,486 |
University Of Alabama Ophthalmology Services Foundation Birmingham, AL | $3,172,403 | $13,818,197 |
Hope Villages Of America Inc Clearwater, FL | $6,400,993 | $13,661,683 |
U S Space & Rocket Center Education Foundation Huntsville, AL | $18,280,145 | $26,134,184 |
Community Action Program Inc Pensacola, FL | $1,817,125 | $12,881,444 |
Automotive Aftermarket Association Southeast Health Fund Montgomery, AL | $888,375 | $12,395,120 |