Dartmouth Dragon Foundation Inc
- Assets
- $270.1k
- Revenue
- $297.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Hanover, NH
- Founding
- 10/2018
- Data as of
- 12/2023
- EIN
- 82-2783783
Organization Overview
Dartmouth Dragon Foundation Inc is located in Hanover, NH. The organization was established in 2018. 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. Dartmouth Dragon Foundation 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 12/2023, Dartmouth Dragon Foundation Inc generated $297.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $211.4k during the year ending 12/2023. While expenses have increased by 23.4% per year over the past 5 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESERVE AND CARRY ON THE EDUCATIONAL AND CHARITABLE TRADITIONS AND CEREMONIES OF THE DRAGON SENIOR SOCIETY ORGANIZATION WHICH, SINCE ITS FOUNDING IN 1898, HAS PROMOTED THE IDEALS OF ACADEMIC EXCELLENCE, COMMUNITY SERVICE, LEADERSHIP, HIGH MORAL PURPOSE, AND RESPECT FOR THE TRADITIONS OF THE COLLEGE; AND TO TRAIN AND EDUCATE SELECTED UNDERGRADUATE MEMBERS OF DARTMOUTH COLLEGE TO BECOME PROSPECTIVE LEADERS OF THE COLLEGE, LOCAL,NATIONAL, AND GLOBAL COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION IN 2023, THE FOUNDATION ORGANIZED AND FULLY UNDERWROTE TWO PRIMARY EDUCATIONAL PROGRAMS. THE FIRST PROGRAM IS AN ANNUAL DAY OF CAREER PANELS AND NETWORKING OPPORTUNITIES FOR UNDERGRADUATES IN BOSTON. THE UNDERGRADUATES ARE EXPOSED TO INSIGHTS AND ADVICE FROM INDUSTRY EXPERTS THROUGH BOTH ROUND-TABLE PANELIST DISCUSSIONS AND OPEN-FORMAT Q&A. DIRECTLY FOLLOWING THE PANEL DISCUSSIONS, THE FOUNDATION ORGANIZES AND UNDERWRITES A NETWORKING EVENT TO PROVIDE THE UNDERGRADUATE STUDENTS WITH THE OPPORTUNITY TO PRACTICE THEIR NETWORKING SKILLS WITH LOCAL ALUMNI. THE FOUNDATION ALSO PLANS AND UNDERWRITES AN ANNUAL EDUCATIONAL WEBINAR SERIES PROVIDING ADDITIONAL UNDERGRADUATE EDUCATIONAL PROGRAMMING AS WELL AS CONTINUING EDUCATION OPPORTUNITIES FOR DARTMOUTH ALUMNI. IN ADDITION TO THE TWO FORMAL EDUCATIONAL PROGRAMS, THE FOUNDATION PROVIDES INFORMAL MENTORING OPPORTUNITIES TO THE UNDERGRADUATE STUDENTS THROUGH ONGOING ALUMNI OUTREACH AND HOSTING ALUMNI VISITS TO THE DRAGON BUILDING. THE FOUNDATION ALSO MAKES THE DRAGON FACILITY AVAILABLE TO THE UNDERGRADUATE MEMBERS, WHO TYPICALLY MAKE EXTENSIVE USE OF THE BUILDING. THE FOUNDATION MAINTAINS THE FACILITY'S WIRELESS AND HIGH SPEED CONNECTIVITY TO ENSURE THE STRONGEST SUPPORT OF UNDERGRADUATE LEARNING ACTIVITIES. UNDERGRADUATES MAKE USE OF THE DRAGON BUILDING'S STUDY AND MEETING SPACES THROUGH PEER-DRIVEN LEARNING ACTIVITIES INCLUDING INFORMAL ACADEMIC DISCOURSE, FULFILLMENT OF GROUP LEADERSHIP ROLES, GROUP GOAL SETTING AND PLANNING, COMMUNITY SERVICE PLANNING, AND BASIC FINANCIAL MANAGEMENT ACTIVITIES.
COMMUNITY SERVICE THE UNDERGRADUATE MEMBERS ARE REQUIRED TO ORGANIZE AND PARTICIPATE IN AT LEAST ONE COMMUNITY SERVICE ACTIVITY ANNUALLY. IN 2023 THE UNDERGRADUATE MEMBERS UNDERTOOK TWO PROGRAMS. THE FIRST PROJECT CONSISTED OF OUTDOOR SPRING CLEAN-UP AND MEAL PREPARATION FOR A LOCAL NON-PROFIT THAT PROVIDES TEMPORARY SHELTER AND EDUCATIONAL PROGRAMMING FOR HOMELESS FAMILIES AND ADULTS AS WELL AS FOOD SUPPORT. THE FOUNDATION PROVIDED THE SAME NON-PROFIT ORGANIZATION WITH A CHARITABLE DONATION. THE SECOND COMMUNITY SERVICE PROJECT THE UNDERGRADUATE MEMBERS PARTICIPATED IN WAS A RACE TO RAISE MONEY FOR THE CHILDREN'S HOSPITAL AT DARTMOUTH. A TEAM OF UNDERGRADUATES RAISED MORE THAN 4,500 TO SUPPORT THE CAUSE, AND THE FOUNDATION MADE A CHARITABLE DONATION TO SUPPORT THE UNDERGRADUATES' PROJECT. FINALLY, THE FOUNDATION MADE A CHARITABLE DONATION TO A FUND, WHICH SUPPORTS RESEARCH FOCUSED ON BOTH THE TREATMENT OF AND CURE FOR KIDNEY CANCER, AT THE DANA-FARBER CANCER INSTITUTE.
HISTORICAL PRESERVATION THE FOUNDATION IS COMMITTED TO PRESERVING THE 125-YEAR HISTORY AND HISTORICAL ARCHITECTURE OF THE DARTMOUTH DRAGON SENIOR SOCIETY ON OBSERVATORY ROAD IN HANOVER, NH. IN 2023 THE FOUNDATION UNDERWROTE COSTS ASSOCIATED WITH MAINTAINING AND PRESERVING THE HISTORICAL PHYSICAL STRUCTURE. THE DRAGON BUILDING ALSO SERVES AS A REPOSITORY FOR BOTH DRAGON SENIOR SOCIETY AND DARTMOUTH COLLEGE-RELATED HISTORICAL DOCUMENTS AND MEMORABILIA.
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 |
|---|---|---|---|
Shafika Khayatt - Term Ended 6223 Exec Directo | Officer | 1 | $96,000 |
Trevor Byrne Director | Trustee | 0.5 | $0 |
Jake Headrick Director Ex | Trustee | 0.5 | $0 |
Alex Hughes Director Ex | Trustee | 0.5 | $0 |
Hugh Jessiman Director | Trustee | 0.5 | $0 |
Brad Crevier Secretary | Officer | 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 | $295,504 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $295,504 |
| Total Program Service Revenue | $0 |
| Investment income | $1,719 |
| 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 | $297,223 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,007 |
| 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 | $4,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $98,356 |
| Advertising and promotion | $4,652 |
| Office expenses | $7,404 |
| Information technology | $9,532 |
| Royalties | $0 |
| Occupancy | $48,331 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $35,595 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,587 |
| All other expenses | $12 |
| Total functional expenses | $211,376 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $48,113 |
| Savings and temporary cash investments | $222,008 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $270,121 |
| 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 | $0 |
| 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 | $270,121 |
| Total liabilities and net assets/fund balances | $270,121 |