Dragonfly Wings Foundation

Nonprofit profile at a glance

EIN
475590284
IRS 990 coverage
2021–2024
Forms available
Form 990 2024, Form 990-EZ 2020
Location
Springfield, MO, USA
Phone
7035863234
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Educational Services and Schools - Other

Reported finances

Revenue
$121,907
Expenses
$185,050
Assets
$1,734,048
Liabilities
$4,257

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

Leadership & pay

3 people listed

People named in this filing

  • LISA HESTER (MANAGING MEM)
  • JAMES HESTER (SECRETARY)
  • JOYCE BRADLEY (BOARD MEMBER)

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

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

Overview

Mission

To provide rural school educators with resources and support, reducing the inherent economic hardship of budgetary constraints. See schedule o for additional information.

What it reported doing in 2024

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.

Operating model

Revenue model
Donor-supported. 62% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 68% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 94
  • Accountability: 31
  • Sustainability: 43
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 70.7%; rating input score 71
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 33.3%; rating input score 33; 15th percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • 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: -51.8%; rating input score 5; 5th percentile among comparable filings
  • Total-asset coverage ratio: 9.37; rating input score 89; 89th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 53; 53rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: 1.5% per year; rating input score 100; 37th percentile among comparable filings
  • Revenue growth: -27.7% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: 25.7% per year; rating input score 100; 89th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 70.7% of spending went to programs
  • Governance: 1 of 3 board members independent · 2 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $131K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 25 of 25 current checks pass
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • 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.

  • Moderate — Accountability: Independent voting board scored 33/100.
  • High — Accountability: Governance controls: 4 of 6 not reported.
  • High — Sustainability: Operating margin scored 5/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Liabilities to assets ratio scored 53/100.