Dragonfly Wings Foundation
- Assets
- $1.8m
- Revenue
- $511.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Springfield, MO
- Founding
- Data as of
- 12/2022
- EIN
- 47-5590284
Organization Overview
Dragonfly Wings Foundation is located in Springfield, MO. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Dragonfly Wings 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 12/2022, Dragonfly Wings Foundation generated $511.5k in total revenue. All expenses for the organization totaled $148.7k during the year ending 12/2022.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE RURAL SCHOOL EDUCATORS WITH RESOURCES AND SUPPORT, REDUCING THE INHERENT ECONOMIC HARDSHIP OF BUDGETARY CONSTRAINTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION CONDUCTS VARIOUS ACTIVITIES TO BENEFIT TEACHERS AND EDUCATIONAL INITIATIVES. 1.TEACHER HOUSING PROGRAM: TEACHERS ARE ELIGIBLE FOR LOW-COST, MONTHLY HOUSING FOR UP TO THREE CONTRACT YEARS. THE FIRST HOUSE WAS MADEE AVAILABLE IN 2022, WITH A FOUR-PLEX PLANNED IN 2023. IF THEY HAVE SAVED REQUIRED AMOUNT OF MONEY DURING THESE THREE YEARS, AND ARE IN A CONTRACT TO REMAIN A TEACHER IN DENT COUNTY, OUR FOUNDATION WILL PROVIDE THE TEACHER WITH A LOW DOWN PAYMENT, LOWER INTEREST RATE LOAN SO THEY CAN PURCHASE A HOME OF THEIR OWN WITHIN OUR COMMUNITY. 2.FLEMINGS ON 4TH: FLEMINGS, OUR BRICK AND MORTAR LOCATION, WILL FEATURE: A SODA FOUNTAIN OPERATED BY THE FUTURE BUSINESS LEADERS OF AMERICA (FBLA); SEASONAL EVENTS; WEEKLY SPECIALS; COMMUNITY PROJECTS; RETAIL ITEMS AND AUCTIONS. ALL PROCEEDS, ABOVE OPERATING COSTS, WILL BENEFIT TEACHERS AND EDUCATIONAL INITIATIVES IN DENT COUNTY. TEACHERS WHO VOLUNTEER WILL ALSO RECEIVE CREDITS FOR EACH HOUR WORKED TO OFFSET THE OUT OF POCKET EXPENSES THEY SPEND IN THEIR CLASSROOM AND FOR THEIR STUDENTS. 3.THE ORGANIZATION BELIEVES THAT PULLING TOGETHER AS A COMMUNITY IS THE ONLY WAY THE GOALS OF THE ORGANIZATION CAN HAPPEN. EXECUTION OF THE ORGANIZATIONS IDEAS IS NOT POSSIBLE WITHOUT TEAMWORK AND COMMUNITY WIDE SUPPORT. DURING THE YEAR, THE ORGANIZATION IDENTIFIED SEVERAL OTHER UNAFFILIATED ORGANIZATIONS TO SUPPORT WITH CASH AND NONCASH GRANTS IN ORDER TO ACHIEVE ITS MISSION.
FUNDING AND ONGOING SUPPORT OF THE SALEM R-80 CONSTRUCTION TRADES PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Hester Managing Mem | OfficerTrustee | 0.5 | $0 |
James Hester Secretary | OfficerTrustee | 0.5 | $0 |
Joyce Bradley Board Member | Trustee | 0.5 | $0 |
Ella Faye Little Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $507,700 |
| Noncash contributions included in lines 1a–1f | $4,800 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $507,700 |
| Total Program Service Revenue | $1,750 |
| Investment income | $1,962 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $511,512 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $89,511 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,775 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,181 |
| Advertising and promotion | $0 |
| Office expenses | $61 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $19,283 |
| Travel | $1,954 |
| 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 | $18,451 |
| Insurance | $0 |
| All other expenses | $1,450 |
| Total functional expenses | $148,666 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,531,792 |
| 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 | $4,638 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $170,253 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $104,626 |
| Total assets | $1,811,309 |
| Accounts payable and accrued expenses | -$3,581 |
| 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 | $554 |
| Total liabilities | -$3,027 |
| Net assets without donor restrictions | $1,814,336 |
| 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 | $1,811,309 |
Grants Awarded
Over the last fiscal year, Dragonfly Wings Foundation has awarded $86,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ENCOMPASS ACADEMY PURPOSE: STUDENT SUPPORT | $50,000 |
MISSOURI CYBERSECURITY CENTER PURPOSE: COMMUNITY SUPPORT | $6,000 |
SALEM R-80 SCHOOL DISTRICT PURPOSE: CONST TRADE PROGRAM | $30,000 |