Dragonfly Development Resources Inc
- Assets
- $104.0k
- Revenue
- $49.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Cumberland, RI
- Founding
- 12/2001
- Data as of
- 12/2023
- EIN
- 04-3556913
Organization Overview
Dragonfly Development Resources Inc is located in Cumberland, RI. The organization was established in 2001. According to its NTEE Classification (T19) the organization is classified as: Support N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dragonfly Development Resources 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, Dragonfly Development Resources Inc generated $49.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (16.1%) each year. All expenses for the organization totaled $49.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (15.4%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Henry Sinclair Sherrill Director | 0 | $0 | |
David Z Beecher Board | 0 | $0 | |
Jeffrey Wilder Earles Board | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $47,508 |
| Interest on Savings | $1,984 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $49,492 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $695 |
| Total operating and administrative expenses | $49,485 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $49,485 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,429 |
| Savings and temporary cash investments | $102,526 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $103,955 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Social Capital Fund Providence, RI | $1,945,598 | $984,814 |
Edward And Mary Lord Foundation North Franklin, CT | $18,498,530 | $725,895 |
Indigo Support Corporation Dorchester, MA | $13,134,162 | $596,539 |
Soldier On Development & Management Company Inc Pittsfield, MA | $435,591 | $411,238 |
Reader To Reader Inc Amherst, MA | $518,528 | $213,490 |
Marthas Vineyard Donors Collaborative Inc Edgartown, MA | $276,889 | $230,349 |
Martin Luther King Jr Breakfast Committee Inc Roxbury Crossing, MA | $57,398 | $138,088 |
Cat Rescue Fund Inc Salem, MA | $9,213 | $0 |
Dragonfly Development Resources Inc Cumberland, RI | $103,955 | $49,492 |
Community Foundations Service Corporation Sheffield, MA | $614,122 | $81,215 |
Civic Investments Inc Boston, MA | $414,825 | $0 |
Johnny Yee Foundation Springfield, MA | $746 | $0 |