2024-11-26T16:34:42-06:00 2024-06-30 411647057 MAHONEY ULBRICH CHRISTIANSEN & RUSS PA 10 RIVER PARK PLAZA SUITE 800 SAINT PAUL MN 55107 990 2023-07-01 953732280 DAYSTAR US INC DAYS 9529282550 8011 34TH AVENUE SOUTH C50 BLOOMINGTON MN 55425 ALAN COOKE EXECUTIVE DIRECTOR 9529282550 2024-11-26 1 0 TONYA J SHELDON P01270696 6512276695 2024-11-11 2023 2024-10-15 13:58:12Z ALAN COOKE 8011 34TH AVENUE SOUTH C50 BLOOMINGTON MN 55425 1163221 0 X WWW.DAYSTARUS.ORG X 1982 CA TO ADVANCE THE EDUCATION OF CHRISTIAN SERVANT LEADERS TO TRANSFORM AFRICA. 13 13 5 49 0 0 1332523 898111 73 311 63291 264799 0 0 1395887 1163221 1057221 246435 0 0 307491 342451 0 0 140020 234343 171596 1599055 760482 -203168 402739 2488860 2951736 55490 39605 2433370 2912131 TO ADVANCE THE EDUCATION OF CHRISTIAN SERVANT LEADERS TO TRANSFORM AFRICA. 0 0 246135 246135 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. 35900 300 DAYSTAR UNIVERSITY - LOAN PROGRAM: TO PROVIDE LOANS TO STUDENTS. 153419 311 SUPPORT FOR PROGRAMS DESIGNED TO PROVIDE CHRISTIAN MINISTRIES TRAINING FOR THOSE ALREADY IN CAREER FIELDS AND FOR PROGRAMS TO PROVIDE ADDITIONAL FACULTY RESOURCES. 435454 1 1 0 0 0 0 0 0 0 1 1 0 1 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 1 5 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA MN X NANCY DECAMP 9529282550 8011 34TH AVENUE SOUTH C50 BLOOMINGTON MN 55425 MR WILLIAM BOULWARE CHAIR 1.00 X X 0 0 0 MR STEVE O'NEIL VICE CHAIR 1.00 X X 0 0 0 MR IAN WANGA TREASURER 1.00 X X 0 0 0 DR SHAMILLA AMULEGA DIRECTOR 1.00 X 0 0 0 DR DAVID BRANDT DIRECTOR 1.00 X 0 0 0 MR JACK EUGSTER DIRECTOR 1.00 X 0 0 0 DR DEBRA HARLESS DIRECTOR 1.00 X 0 0 0 DR JAY BARNES DIRECTOR 1.00 X 0 0 0 MR RANDY JOHNSON DIRECTOR 1.00 X 0 0 0 DR ELOISE-MARIE LOEFFLER DIRECTOR 1.00 X 0 0 0 DR GARRY MORGAN DIRECTOR 1.00 X 0 0 0 DR JANET SOMMERS DIRECTOR 1.00 X 0 0 0 MR RON TSCHETTER DIRECTOR 1.00 X 0 0 0 MR ALAN P COOKE EXECUTIVE DIRECTOR 40.00 X 73288 0 18863 73288 0 18863 0 0 0 0 0 282973 615138 898111 MISCELLANEOUS INCOME 990999 311 311 311 264799 264799 1163221 311 0 264799 246435 246435 93940 18788 28182 46970 192150 81451 74834 35865 9195 4040 3665 1490 26992 12480 11212 3300 20174 7293 7410 5471 11039 8279 2760 7937 7937 3423 856 856 1711 11331 408 611 10312 33472 9070 9471 14931 20655 6831 9684 4140 17337 5201 2601 9535 5900 5900 2328 768 1397 163 3518 1269 1285 964 MISSIONARY SUPPORT 35600 35600 EQUIPMENT RENTAL AND RE 16506 4964 9589 1953 MISCELLANEOUS 2067 1612 455 CONFERENCE AND EDUCATIO 483 483 760482 435454 185008 140020 327174 573055 489753 230723 263835 109665 15569 13872 25402 20165 5940 5237 939783 1220590 393196 769151 53610 29443 2488860 2951736 16784 25111 38706 14494 55490 39605 X 489445 564308 1943925 2347823 2433370 2912131 2488860 2951736 402739 76022 0 X X 0 1 X 1 0 X 1228322 1092936 1926150 1332523 898111 6478042 1228322 1092936 1926150 1332523 898111 6478042 1858410 4619632 24108 53561 32054 63291 264799 437813 6915855 771 0.66800 0.67030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 939783 31204 241666 7937 1220590 954879 12500 -45510 59977 13129 939783 1046010 18100 -99615 9616 954879 808496 41488 202789 6763 1046010 793875 3732 17344 6455 808496 0 0 25402 20165 5237 5237 INVESTED FUNDS HELD AT DAYSTAR UNIVERSITY 769151 F 769151 LEASE LIABILITY 14494 14494 X 1231306 76022 76022 1155284 7937 7937 1163221 752545 0 752545 7937 7937 760482 PART V, LINE 4: ANY NET GAINS OF INTEREST AND DIVIDENDS FOR SCHOLARSHIPS ARE DESIGNATED AS FUNDS AVAILABLE FOR DISBURSEMENT FOR SCHOLARSHIPS FOR DAYSTAR UNIVERSITY. THE DAYSTAR U.S. BOARD, AT ITS SPRING BOARD MEETINGS, USUALLY VOTES TO DISTRIBUTE 50% OF THOSE FUNDS AVAILABLE FOR DISBURSEMENT, AND THEY ARE THEN DISBURSED EARLY INTO THE NEXT FISCAL YEAR. BY DISTRIBUTING LESS THAN 100%, USUALLY 50%, THE ENDOWMENT FUND ASSETS, IN THEORY, SHOULD CONTINUE TO INCREASE ANNUALLY, THEREBY INCREASING AVAILABLE FUNDS FOR DISBURSEMENT YEAR AFTER YEAR. PART X, LINE 2: FEDERAL AND STATE TAX AUTHORITIES GENERALLY HAVE THE RIGHT TO EXAMINE THE CURRENT AND PRIOR THREE YEARS RETURNS. DAYSTAR IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. 0 SUB-SAHARAN AFRICA GRANTS TO RECIPIENTS LOCATED IN THE REGION SCHOLARSHIP, MISSIONARY, LOANS, AND CAPITAL EXPANSION SUPPORT. 246435 0 0 0 0 0 0 246435 0 246435 SUB-SAHARAN AFRICA SCHOLARSHIPS AND LOANS 246435 WIRE TRANSFER 0 1 0 0 0 0 0 0 0 PART I, LINE 2: DAYSTAR ASKS THE GRANTEE FOR BUDGETS AND ACCOUNT BALANCES FOR INDIVIDUAL SCHOLARSHIP FUNDS TO INSURE APPROPRIATE USE OF FUNDS. THEY ASK THE GRANTEE TO SUPPLY RECEIPTS AND ACCOUNTING SUMMARIES FOR CAPITAL CONSTRUCTION PROJECTS AND FUNDS. AND THEY ASK FOR VERIFIABLE STATISTICS AND ENROLLMENT NUMBERS FOR SPECIAL PROJECTS AND CMT COURSES. PART I, LINE 3: DAYSTAR RECEIVES SUMMARY BANK STATEMENTS OF THE GRANTEE TO VERIFY DEPOSITS AND WITHDRAWALS OF THE MONEY THAT IS WIRED TO THE GRANTEE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED AND REVIEWED BY AN INDEPENDENT CERTIFIED PUBLIC ACCOUNTING FIRM AND IS PRESENTED TO THE ORGANIZATION'S MANAGEMENT FOR REVIEW PRIOR TO COMPLETION. A FINAL COPY OF THE FORM 990, AS FILED WITH THE IRS, IS MADE AVAILABLE TO THE ENTIRE BOARD BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANNUALLY ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD, COMPRISED OF INDEPENDENT INDIVIDUALS, REVIEWS AND APPROVES COMPENSATION BASED ON REASONABLE AND COMPARABLE MARKETPLACE COMPENSATION DATA. THESE DELIBERATIONS ARE NOTED IN THE CORPORATE MINUTES. FORM 990, PART VI, SECTION C, LINE 18 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PAGE 12, PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR.