Dartmouth Dragon Foundation Inc

Nonprofit profile at a glance

EIN
822783783
IRS 990 coverage
2023–2025
Forms available
Form 990 2025, Form 990-EZ 2022, Form 990-N 2018
Location
Hanover, NH, USA
Phone
6034431977
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Official website

Reported finances

Revenue
$547,699
Expenses
$215,141
Assets
$1,301,294
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

10 people listed

Highest reported compensation

  • SHAFIKA KHAYATT (EXEC DIRECTO): $95,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

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.

What it reported doing in 2025

Education in 2025, the foundation organized and fully underwrote two primary educational programs. The first program is a day-long program of career panels and networking opportunities which serves 35-50 undergraduates annually. The foundation also plans and underwrites an annual educational webinar series, which reaches more than 1,500 dartmouth alumni and their families and approximately 60 undergraduates annually. In addition to the two formal educational programs, the foundation provides informal mentoring opportunities to the undergraduate students through the hosting of alumni visits. The foundation also makes the dragon facility available, free of charge, to the undergraduate members (approximately 60 students annually), who make extensive use of the building's meeting and study 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. The foundation maintains the facility's wireless high-speed connectivity to ensure the strongest support of undergraduate learning activities.

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 98% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 46
  • Transparency & Controls: 92
  • Accountability: 88
  • Sustainability: 80
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 28.8%; rating input score 29
  • Program expense ratio: 70.9%; rating input score 71
  • Fundraising efficiency: $18.2 raised per $1 spent on fundraising; rating input score 53; 53rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 5 of 8 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Limited
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 60.7%; rating input score 93; 93rd percentile among comparable filings
  • Total-asset coverage ratio: 6.05; rating input score 87; 87th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 88; 88th percentile among comparable filings
  • Officer compensation ratio: 44.2%; rating input score 3; 3rd percentile among comparable filings

Growth

  • Program expense growth: 13.9% per year; rating input score 100; 69th percentile among comparable filings
  • Revenue growth: 30.1% per year; rating input score 100; 90th percentile among comparable filings
  • Asset growth: 41.1% per year; rating input score 100; 93rd percentile among comparable filings

Details

  • Where the money goes: 28.8% of revenue deployed · 70.9% of spending went to programs
  • Governance: 8 of 8 board members independent · 5 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $153K in reported program spending
  • Leadership: top reported pay $95K · 10 people listed
  • Consistency: 23 of 23 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 3 filing years from 2023 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 29/100.
  • Review — Financial Efficiency: Fundraising efficiency scored 53/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Officer compensation ratio scored 3/100.