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Nonprofiteer
← DAYSTAR LIFE INC

Form 990 for tax year 2022

Filed by DAYSTAR LIFE INC.

Totals

Total revenue
$2,195,241
Total expenses
$2,394,200
Contributions and grants received
$2,174,874
Grants paid
$1,649,334
Program service revenue
$0
Investment income
$28,917
Other revenue
-$8,550
Total assets, end of year
$4,373,816
Total liabilities, end of year
$69,062
Net assets or fund balances, end of year
$4,304,754
Program services expenses (Part IX)
$2,167,057
Management and general expenses
$58,585
Fundraising expenses
$168,558
Program service expenses (Part III)
$2,167,057

Program services were 90.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $271,546

  • 1e · Government grants (contributions)

    $178,540

  • 1f · All other contributions, gifts and grants

    $1,724,788

  • 1g · Noncash contributions included above

    $920,294

  • 3 · Investment income

    total $29,378 · excluded $29,378

  • 7a · Gross sales of assets other than inventory

    securities $13,061

  • 7b · Less cost or other basis and sales expenses

    securities $13,522

  • 7c · Gain or loss

    securities -$461

  • 7d · Net gain or loss

    total -$461 · related or exempt -$461

  • 8a · Fundraising events: gross income

    $9,557

  • 8a · Fundraising events: contributions included on line 1c

    $271,546

  • 8b · Fundraising events: direct expenses

    $20,834

  • 8c · Net income from fundraising events

    total -$11,277

  • 11a · Other revenue: OTHER INCOME

    total $2,727 · related or exempt $2,727

  • 11e · Other revenue, total

    $2,727

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $1,649,334 · program services $1,649,334

  • 7 · Other salaries and wages

    total $321,417 · program services $233,629 · management and general $16,754 · fundraising $71,034

  • 8 · Pension plan contributions

    total $26,677 · program services $24,642 · management and general $1,457 · fundraising $578

  • 9 · Other employee benefits

    total $50,105 · program services $33,725 · management and general $3,178 · fundraising $13,202

  • 10 · Payroll taxes

    total $22,265 · program services $16,651 · management and general $1,111 · fundraising $4,503

  • 11c · Fees: accounting

    total $22,308 · management and general $22,308

  • 11g · Fees: other

    total $57,509 · program services $9,738 · management and general $2,174 · fundraising $45,597

  • 12 · Advertising and promotion

    total $1,000 · fundraising $1,000

  • 13 · Office expenses

    total $27,929 · program services $14,286 · management and general $783 · fundraising $12,860

  • 14 · Information technology

    total $8,226 · fundraising $8,226

  • 16 · Occupancy

    total $60,586 · program services $55,681 · management and general $3,020 · fundraising $1,885

  • 22 · Depreciation, depletion and amortization

    total $110,808 · program services $101,943 · management and general $5,541 · fundraising $3,324

  • 23 · Insurance

    total $15,831 · program services $14,564 · management and general $791 · fundraising $476

  • 24a · Other expenses: VEHICLE EXPENSE

    total $7,721 · program services $7,721

  • 24b · Other expenses: STAFF & VOLUNTEER DEVELOP

    total $3,632 · program services $2,386 · management and general $1,091 · fundraising $155

  • 24c · Other expenses: BANK CHARGES

    total $3,615 · management and general $305 · fundraising $3,310

  • 24d · Other expenses: DUES & SUBSCRIPTIONS

    total $3,348 · program services $2,664 · fundraising $684

  • 24e · All other expenses

    total $1,889 · program services $93 · management and general $72 · fundraising $1,724

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $18,230 · end of year $48,681

  • 2 · Savings and temporary cash investments

    beginning of year $586,506 · end of year $95,077

  • 3 · Pledges and grants receivable

    beginning of year $114,325 · end of year $170,633

  • 8 · Inventories for sale or use

    end of year $71,175

  • 9 · Prepaid expenses and deferred charges

    beginning of year $75 · end of year $18,269

  • 10a · Land, buildings and equipment: cost or other basis

    $3,236,659

  • 10b · Land, buildings and equipment: accumulated depreciation

    $474,000

  • 10c · Land, buildings and equipment, net

    beginning of year $2,851,857 · end of year $2,762,659

  • 11 · Investments: publicly traded securities

    beginning of year $193,476 · end of year $401,523

  • 15 · Other assets

    beginning of year $731,778 · end of year $805,799

  • 17 · Accounts payable and accrued expenses

    beginning of year $58,181 · end of year $69,062

  • 19 · Deferred revenue

    beginning of year $2,656

  • 27 · Net assets without donor restrictions

    beginning of year $4,247,813 · end of year $4,011,661

  • 28 · Net assets with donor restrictions

    beginning of year $187,597 · end of year $293,093

Mission and programs · 2022

Mission

WE FIGHT HUNGER, POVERTY, AND HOPELESSNESS BY PROVIDING NECESSITIES OF LIFE TO NEIGHBORS IN NEED. WE ENGAGE, EDUCATE, AND EMPOWER THE COMMUNITY BY PROMOTING THE VALUE OF NUTRITION, GOOD HEALTH AND FINANCIAL LITERACY.

Activities or mission (Part I)

DAYSTAR PROVIDES A SAFETY NET OF BASIC EMERGENCY SERVICES TO INDIVIDUALS, FAMILIES, SENIORS, VETERANS, AND PERSONS EXPERIENCING HOMELESSNESS IN PINELLAS COUNTY, FLORIDA.

  • ADDRESSING FOOD INSECURITY: DAYSTAR'S CLIENT CHOICE HEALTHY PANTRY AND ORGANIC FARM IS OPEN 5 DAYS PER WEEK AND PROVIDES NUTRITIOUS FOOD FOR OVER 26,000 LOW TO MODERATE INCOME PINELLAS COUNTY RESIDENTS, WHICH IS 25% OF THE COUNTY'S FOOD INSECURE HOUSEHOLDS. OUR FARM YIELDS OVER TWO TONS OF PRODUCE ANNUALLY. IN ADDITION TO FOOD, THE PANTRY PROVIDES HIGH-COST BASIC HYGIENE NEEDS TO STRUGGLING FAMILIES SUCH AS CLOTHING, DIAPERS, FEMININE HYGIENE, INCONTINENT PRODUCTS, BODY WASH, LAUNDRY SOAP,AND PET FOOD.

    Expenses $1,396,390 · Grants $1,065,574

  • FINANCIAL STABILITY & HOMELESSNESS PREVENTION: DAYSTAR ADDRESSES FINANCIAL INSTABILITY FOR FAMILIES WHO HAVE EXPERIENCED A RECENT FINANCIAL TRAUMA AND ARE AT RISK OF HOMELESSNESS. OUR PROGRAMS PROVIDE SHORT-TERM GAP SERVICE, SUCH AS RENT AND UTILITY ASSISTANCE WHILE SIMULTANEOUSLY PARTNERING WITH THE HOUSEHOLD MEMBERS TO GUIDE THEM THROUGH FINANCIAL LITERACY AND PERSONALIZED EMPOWERMENT ACTIVITIES THAT WILL HELP THEM CREATE A SAFETY NET AND GIVE THEM THE KNOWLEDGE, TOOLS, AND CONFIDENCE REQUIRED TO ACHIEVE FINANCIAL STABILITY. DAYSTAR HAS ACHIEVED A 63% RE-STABILIZATION SUCCESS RATE,MEANING 5 OUT OF EVERY 8 HOUSEHOLDS HAVE BEEN ABLE TO EXIT FINANCIAL CRISIS MODE WITHIN 12 MONTHS.

    Expenses $749,124 · Grants $571,650

  • FINANCIAL LITERACY & NUTRITION EDUCATION: DAYSTAR PROVIDES ONE-TO-ONE FINANCIAL LITERACY COACHING. 6 OUT OF EVERY 30 PARTICIPATING HOUSEHOLDS ACHIEVE TWO OUT OF THESE THREE MILESTONES: SAVING 500, IMPROVED CREDIT SCORE, AND MAINTAINING A POSITIVE BALANCE SAVINGS ACCOUNT WITHIN 12 MONTHS. OUR KIDS EAT PROGRAM PROVIDES GARDENING EXPERIENCES, NUTRITION CLASSES AND TAKE-HOME MATERIALS TO CHILDREN TO COMBAT POOR NUTRITION OFTEN EXPERIENCED BY THOSE WHO RELY ON FOOD PANTRY SERVICES. OVER 100 LOW-INCOME CHILDREN BENEFIT FROM THIS SERVICE. IN 2023, OUR SEEDLINGS TO NEIGHBORS PROGRAM PROVIDED 65 RESIDENTS LIVING IN A DESIGNATED FOOD DESERT WITH THE EDUCATION, SUPPLIES, AND PEER MENTORSHIP NEEDED TO CREATE THEIR OWN RESIDENITAL MINI FARMS, IMPROVING ACCESS TO FRESH AND HEALTHY FOOD.

    Expenses $21,543 · Grants $12,110

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • HEIDE CORNELL

    EXECUTIVE DI

    Total calculated
    $110,798
    From this org
    $87,932
    From related orgs
    $0
    Other
    $22,866
    Hours/week
    50

  • JAY K GHOSH

    PRESIDENT

    Total calculated
    $0
    Hours/week
    15

  • DEACON MICHAEL MENCHEN

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    3

  • MARY ANNE PUTMAN

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    3

  • THOMAS CAMPHIRE

    TREASURER

    Total calculated
    $0
    Hours/week
    10

  • DR JACQUELYN DAWSON

    SECRETARY

    Total calculated
    $0
    Hours/week
    3

  • FATHER DAMIAN AMANTIA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • CARL BRODY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • PAMELA CADIGAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DR JOHN FOX

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • THOMAS LANG

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • LINDA LERNER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • TOBY MCDUFFIE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • KEVIN MILKEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • GEORGE W MONLUX JR MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SISTER DOLORES O'BRIEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
1 May 2024
IRS schema version
2022v5.0
Source object
202431229349302903

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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