Dragonfly Development Resources Inc
- Assets
- $103.9k
- Revenue
- $55.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Cumberland, RI
- Founding
- 12/2001
- Data as of
- 12/2021
- EIN
- 04-3556913
Organization Overview
Dragonfly Development Resources Inc is located in Cumberland, RI. The organization was established in 2001. According to its NTEE Classification (T19) the organization is classified as: Support N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dragonfly Development Resources Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Dragonfly Development Resources Inc generated $55.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (19.0%) each year. All expenses for the organization totaled $55.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (18.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Henry Sinclair Sherrill Director | 0 | $0 | |
David Z Beecher Board | 0 | $0 | |
Jeffrey Wilder Earles Board | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $55,000 |
| Interest on Savings | $22 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $55,022 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $158 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,710 |
| Total operating and administrative expenses | $55,278 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $55,278 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,832 |
| Savings and temporary cash investments | $100,022 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $103,854 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Dragonfly Development Resources Inc has recieved totaling $40,000.
| Awarding Organization | Amount |
|---|---|
The John C Griswold Family Foundation Wilmington, DE PURPOSE: EXPENDITURE RESPONSIBILITY GRANT | $40,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Edward And Mary Lord Foundation North Franklin, CT | $19,072,145 | $1,295,529 |
Social Capital Fund Providence, RI | $4,168,322 | $544,096 |
Soldier On Development & Management Company Inc Pittsfield, MA | $435,591 | $411,238 |
Community Foundations Service Corporation Sheffield, MA | $560,216 | $478,044 |
Reader To Reader Inc Amherst, MA | $590,992 | $273,971 |
Marthas Vineyard Donors Collaborative Inc Edgartown, MA | $229,430 | $250,575 |
Martin Luther King Jr Breakfast Committee Inc Roxbury Crossing, MA | $57,398 | $138,088 |
Indigo Support Corporation Dorchester, MA | $13,923,338 | $447,404 |
Cat Rescue Fund Inc Salem, MA | $9,213 | $0 |
Dragonfly Development Resources Inc Cumberland, RI | $103,854 | $55,022 |
Civic Investments Inc Boston, MA | $402,395 | $0 |
Johnny Yee Foundation Springfield, MA | $781 | $0 |