Drg Foundation
- Assets
- $89.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Harlingen, TX
- Founding
- 10/2015
- Data as of
- 12/2021
- EIN
- 47-1419184
Organization Overview
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.
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Board, Officers & Key Employees
| 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 |
Financial Statements
| 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 |
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