High liabilities relative to assets, such as $269,472 in liabilities against $351,049 in assets in 2023, could indicate financial strain or significant debt.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes it difficult to fully assess spending efficiency.
Strengths
Consistent financial reporting with 13 filings, demonstrating transparency and compliance.
No reported officer compensation across all filings, indicating a strong commitment to directing resources to the mission.
Revenues generally exceed or closely match expenses, suggesting responsible financial management and avoiding significant deficits.
Assets have shown growth over the decade, from $288,009 in 2014 to $351,049 in 2023.
Spending Breakdown
How Daystar Baptist Missions Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Daystar Baptist Missions Inc
Is Daystar Baptist Missions Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Daystar Baptist Missions Inc (EIN: 161630121) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Daystar Baptist Missions Inc a good charity to donate to?
Daystar Baptist Missions Inc has a Mission Score of 85/100. Revenue: $2.3M. Assets: $458K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Daystar Baptist Missions Inc?
The Employer Identification Number (EIN) for Daystar Baptist Missions Inc is 161630121. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Daystar Baptist Missions Inc spend its money?
Daystar Baptist Missions Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Daystar Baptist Missions Inc's tax-exempt status?
You can verify Daystar Baptist Missions Inc's tax-exempt status using EIN 161630121 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Daystar Baptist Missions Inc demonstrates consistent financial activity, with revenues and expenses generally tracking closely over the past decade. For the latest reported period (202312), the organization reported revenues of $1,656,166 against expenses of $1,635,901, indicating a lean operational margin. The organization's assets have shown growth, increasing from $288,009 in 2014 to $351,049 in 2023, though liabilities have also remained a significant portion of assets. The consistent reporting of 0% officer compensation across all available filings suggests a volunteer-led or very low-overhead leadership structure, which can be a positive indicator of resource allocation directly to mission-related activities.
However, without a detailed breakdown of expenses into program, administrative, and fundraising categories within the provided data, it's challenging to fully assess spending efficiency. The close proximity of revenues and expenses year-over-year, often resulting in small surpluses or deficits, suggests a tight budget management approach. While this can indicate efficiency, it also leaves little room for building substantial reserves or investing in significant growth initiatives. The organization's transparency regarding executive compensation is excellent, with no reported officer compensation.
Overall, Daystar Baptist Missions Inc appears to be a financially stable organization operating with a conservative budget. Its consistent filing history and the absence of officer compensation are strong points for transparency and resource dedication. A more granular view of expense allocation would further clarify its spending efficiency and program focus.