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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

  1. Planted St. Roch Community Church in New Orleans' Eighth Ward.
  2. Graduated second class of 23 students, 6 of whom received Division I football scholarships.
  3. 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
  1. Renovate at least 5 homes in New Orleans' Ninth Ward
  2. Build Independent Living Program to help graduating students transition to adult life, including college, trade school and jobs.
  3. 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)

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  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
 

 

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