Desire Street Ministries
PO Box 1328 Decatur, GA 30031 http://www.desirestreet.org
Mission and Programs
Mission
Our mission is to encourage and equip leaders to transform impoverished neighborhoods through spiritual and community development.
Programs
Desire Street Ministries serves nearly 100 students at our school (Desire Street Academy), is planting a church in the St. Roch neighborhood of New Orleans, is partnering to renovate and build affordable homes in impoverished areas of New Orleans, and is encouraging and equipping new ministries in other impoverished neighborhoods around the country.
Program / Activities (NTEE Code)
Christian
Leadership Development
Religious Leadership, Youth Development
Results
Accomplishments for Fiscal Year Ending 12/31/2007
- Planted St. Roch Community Church in New Orleans' Eighth Ward.
- Graduated second class of 23 students, 6 of whom received Division I football scholarships.
- Continued redevelopment phase in New Orleans Ninth Ward utilizing staff and volunteers to renovate homes, as well as facilitating other community development efforts.
Objectives for Fiscal Year Beginning 01/01/2008
- Renovate at least 5 homes in New Orleans' Ninth Ward
- Build Independent Living Program to help graduating students transition to adult life, including college, trade school and jobs.
- Transition corporate offices to better position the ministry for future replication works.
Chief Executive Profile
Danny is a 1996 graduate of the University of Florida, where he led the Gator football team to 4 SEC championships, a national championship and won the Heisman Tropy. He played professionally for 7 years before retiring to work for Desire Street Ministries. He is married with three children, and has written a book, "Danny Wuerffel's Tales from the Gator Swamp: Reflections of Faith and Football."
Financial Data
From the organization's FORM 990
Revenue and Expenses: Fiscal Year Ending December 31, 2007
|
Revenue |
|
Expenses |
|
Contributions |
$3,445,928 |
|
Government Grants |
$79,603 |
|
Program Services |
$1,259 |
|
Investments |
$92,089 |
|
Special Events |
$0 |
|
Sales |
$0 |
|
Other |
$30,504 |
|
|
|
Program Services |
$3,441,072 |
|
Administration |
$480,185 |
|
Other |
$548,901 |
|
Total Expenditures |
$4,470,158
|
|
|
Total Revenue |
$3,649,383 |
|
NET GAIN/LOSS |
$(820,775) |
|
|
Balance
Sheet: Fiscal Year Ending December 31, 2007
Notes
The
balance sheet gives a snapshot of the financial health of an organization
at a particular point in time. An organization's total assets should
generally exceed its total liabilities, or it cannot long survive,
but the types of assets and liabilities also must be considered.
For instance, an organization's current assets (cash, receivables,
securities, etc.) should be sufficient to cover its current liabilities
(payables, deferred revenue, current year loan and note payments).
Otherwise, the organization may face solvency problems. On the other
hand, an organization whose cash and equivalents greatly exceed
its current liabilities might not be putting its money to best use.
|
Assets |
Jan 1, 2007 |
Dec 31, 2007 |
Change |
| Cash
& Equivalent |
$2,644,942 |
$1,453,227 |
$(1,191,715) |
| Accounts
Receivable |
$0 |
$0 |
$0 |
| Pledges
& Grants Receivable |
$77,670 |
$66,340 |
$(11,330) |
| Receivables/Other |
$109,039 |
$26,908 |
$(82,131) |
| Inventories
for Sale or Use |
$0 |
$0 |
$0 |
| Investments/Securities |
$71,900 |
$512 |
$(71,388) |
| Investments/Other |
$0 |
$0 |
$0 |
| Fixed
Assets |
$4,739,845 |
$5,258,055 |
$518,210 |
| Other |
$77,170 |
$44,721 |
$(32,449) |
| Total
Assets |
$7,720,566 |
$6,849,763 |
$(870,803) |
| |
|
|
|
|
Liabilities |
Jan 1, 2007 |
Dec 31, 2007 |
Change |
| Accounts
Payable |
$493,844 |
$243,134 |
$(250,710) |
| Grants
Payable |
$0 |
$0 |
$0 |
| Deferred
Revenue |
$0 |
$0 |
$0 |
| Loans
and Notes |
$310,697 |
$511,379 |
$200,682 |
| Tax-Exempt
Bond Liabilities |
$0 |
$0 |
$0 |
| Other |
$0 |
$0 |
$0 |
| Total
Liabilities |
$804,541 |
$754,513 |
$(50,028) |
| |
| FUND BALANCE |
$6,916,025 |
$6,095,250 |
$(820,775) |
|

| |
Basic Information
|
|
|
This organization is required to file an IRS Form 990 or 990-EZ.
|
EIN: |
72-1218825 |
|
Executive:
|
Mr.
Danny
Wuerffel,
Executive Director
|
|
Contact:
|
Mr.
Barry
Snyder,
Development Director
|
|
Phone:
|
(678) 681-3979
|
|
Fax:
|
(678) 681-3978
|
|
E-mail:
|
bsnyder@desirestreet.org
|
Fiscal
Year: |
2008
|
Assets:
|
$5,713,387
|
Income:
|
$3,922,506
|
Year Founded: |
1990 |
|
No. of Board Members:
|
10
|
|
No. of Full Time Employees:
|
21-100
|
|
No. of Part-Time Employees:
|
1-5
|
|
Volunteers:
|
101-500
|
Audited Statements Available to Public:
|
Yes
|
Funding: |
This organization is seeking funds from contributions and grants. These funds will be used for unrestricted operating expenses, special projects and building improvements.
|
Locations Served: |
Southeastern
|
|
|
Board of Directors
|
|
Lem Adams, Vice Chairman
Jim Cole, Chairman
Sandra Corley, Board Member
Jim Frady, Board Member
Mike Higgins, Board Member
Jon Khachaturian, Board Member
John McNeil, Board Member
Richard Ridgway, Board Member
Kent Satterlee, Board Member
Norman Voelkel, Board Member
|
|
| |
|