Dragon Master Foundation
- Assets
- $295.2k
- Revenue
- $399.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Winter Garden, FL
- Founding
- 08/2014
- Data as of
- 12/2023
- EIN
- 46-2847688
Organization Overview
Dragon Master Foundation, operating under the name Dragon Master Initiative, is located in Winter Garden, FL. The organization was established in 2014. According to its NTEE Classification (E60) the organization is classified as: Health Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dragon Master Initiative 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 12/2023, Dragon Master Initiative generated $399.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 29.7% each year . All expenses for the organization totaled $302.3k during the year ending 12/2023. While expenses have increased by 22.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Dragon Master Initiative has awarded 13 individual grants totaling $471,163. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
DRAGON MASTER FOUNDATION'S SIGNIFICANT ACTIVITIES INCLUDE RESEARCH AND AWARENESS, FACILITATING DEVELOPMENT OF OPEN DATA RESOURCE TOOLS, AND TO IMPROVE THE QUALITY OF LIFE FOR PATIENTS AND THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AWARENESS AND RESEARCH ACTIVITIES ARE VITAL TO OUR ORGANIZATION. WE WERE ABLE TO GIVE GRANTS OF 114,755 TO RESEARCH EFFORTS THAT FOCUS ON SHARED AND OPEN ACCESS. WE FUNDED TRAVEL TO MEETINGS WHERE WE ACTIVELY PARTICIPATED IN MEETINGS WITH RESEARCHERS, GOVERNMENT OFFICALS AND THE BRAIN CANCER AND CHILDHOOD CANCER COMMUNITIES. OUR BOARD MEMBERS AND VOLUNTEERS HELD AND PARTICIPATED IN FUNDRAISERS WHERE WE ANSWERED QUESTIONS ABOUT OUR MISSION AND THE NEED FOR RESEARCH FOR BRAIN CANCER, CHILDHOOD CANCER AND OTHER RARE CANCER AND DISEASES.
WE SEEK TO EXPEDITE RESEARCH, DEVELOPMENT, AND TREATMENTS AS WELL AS TO IMPROVE THE QUALITY OF LIFE FOR PATIENTS AND THEIR FAMILIES.
PROVIDED ASSISTANCE TO FAMILIES OF CANCER PATIENTS WHO NEEDED TO TRAVEL FOR SPECIALIZED CARE AND/OR CLINICAL TRIALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leah Burgess Director | Trustee | 5.1 | $0 |
Michael Guevara Director | Trustee | 3.7 | $0 |
Richard Haddock Director | Trustee | 8.6 | $0 |
Peter White Director | Trustee | 1.5 | $0 |
Amanda Haddock President | Officer | 38.8 | $0 |
David Herrmann VP & Treasur | Officer | 2.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $18,915 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $82,694 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $101,609 |
| Total Program Service Revenue | $0 |
| Investment income | $4,827 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $292,765 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $180 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $399,381 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $114,755 |
| Grants and other assistance to domestic individuals. | $7,374 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $3,047 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,930 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,965 |
| Advertising and promotion | $69,202 |
| Office expenses | $2,409 |
| Information technology | $41,572 |
| Royalties | $0 |
| Occupancy | $5,000 |
| Travel | $44,619 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $329 |
| Insurance | $3,070 |
| All other expenses | $0 |
| Total functional expenses | $302,272 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $295,035 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $165 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $295,200 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $295,200 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $295,200 |
Grants Awarded
Over the last fiscal year, Dragon Master Foundation has awarded $114,755 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CHOP FOUNDATION PURPOSE: ONCOLOGY RESEARCH | $105,755 |
NEEV KOLTE & BRAVE RONIL FOUNDATION | | | $9,000 |