Dragon Scholarship Fund Inc

Nonprofit profile at a glance

EIN
821182439
IRS 990-EZ coverage
2021–2024
Forms available
Form 990-EZ 2024
Location
Johnston, IA, USA
Phone
5157825221
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Scholarships, Student Financial Aid Services, Awards

Official website

Reported finances

Revenue
$127,823
Expenses
$96,107
Assets
$367,814

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • BRENDA FABER (PRESIDENT)
  • SORAYA MILLER (VICE PRESIDENT)

People named in this filing

  • BRENDA FABER (PRESIDENT)
  • SORAYA MILLER (VICE PRESIDENT)
  • PAM DEACON (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Dragon Scholarship Funds primary purpose is to provide scholarships for graduating Johnston High School seniors desiring to continue their education.

What it reported doing in 2024

We provide scholarships to Johnston Community School District graduating high school seniors in support of college tuition, room and board. In 2024, we distributed 92,624 to 208 graduating seniors.

Operating model

Revenue model
Donor-supported. 82% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 82
  • Sustainability: 72
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 85.3%; rating input score 85
  • Program expense ratio: 96.4%; rating input score 96

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 24.8%; rating input score 79; 79th percentile among comparable filings
  • Total-asset coverage ratio: 3.83; rating input score 93; 93rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: -3% per year; rating input score 0; 22nd percentile among comparable filings
  • Revenue growth: 16.9% per year; rating input score 100; 80th percentile among comparable filings
  • Asset growth: 9% per year; rating input score 100; 58th percentile among comparable filings

Details

  • Where the money goes: 85.3% of revenue deployed · 96.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $93K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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 — Growth: Program expense growth scored 0/100.