In addition to producing its own original programs such as Joni Table Talk and Ministry Now and broadcasting Christian movies on Saturdays, Daystar Television Network relies on 69 programming partners to fill its weekly broadcast schedule.
We were curious: How many of Daystar’s programming partners provide financial information to donors?
The following spreadsheet reveals which programming partners file an IRS Form 990 which discloses total revenue, total expenses, and compensation of officers. Unlike other non-profits, churches, synagogues and mosques are exempt from the requirement to file a Form 990.
One-third (23) of Daystar’s programming partners provide a Form 990, which was more than we expected.
The spreadsheet also reveals if a programming partner is a member of the Evangelical Council for Financial Accountability (ECFA). Members of this organization provide financial information which is disclosed on the ECFA website.
Most of Daystar’s programming partners are non-profit organizations, but there are exceptions. For-profit film companies not included in the spreadsheet provide Christian movies and a couple of companies produce children’s programs which also air on Saturdays.
We also report if a programming partner owns private aircraft. Operating a ministry-owned jet can be very expensive. There are fuel costs, annual maintenance requirements, hangar fees, insurance and pilot salaries to pay and frequently the ministries owning jets fail to disclose travel costs to their donors.
In the Notes column we provide basic information about the programmers and sometimes point out red flags for why donors should be cautious to financially support a ministry. One of those red flags we are searching for is property holdings that serve little ministry purpose. For example, John Hagee’s ministry owns more than 4,300 acres (6.7 square miles) of land in Kinney County, Texas.