Drg Foundation is located in Harlingen, TX. The organization was established in 2015. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Drg Foundation 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, Drg Foundation generated $1.0 in total revenue. All expenses for the organization totaled $6.7k during the year ending 12/2021.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION'S EXEMPT PURPOSE:1ST ACCOMPLISHMENT IS TO PROVIDE SCHOLARSHIPS TO DESERVING HIGH SCHOOL SENIOR STUDENTS AND/OR FIRST YEAR COLLEGE/UNIVERSITY STUDENTS THAT ATTENDED DR.RUBEN GALLEGOS ELEMENTARY SCHOOL OR OTHER DESERVING HIGH SCHOOL SENIOR STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Norma Linda Gallegos Flores Chairperson | 1 | $0 | |
Ruben Gallegos Jr Vice-Chairman | 1 | $0 | |
Delma Gallegos Secretary | 1 | $0 | |
Jesse Gallegos Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $1 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $1 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $2,650 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $0 |
Total expenses | $6,650 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $89,764 |
Other assets | $0 |
Total assets | $89,764 |
Total liabilities | $0 |
Net assets or fund balances | $89,764 |