The Dragonfly Foundation

Nonprofit profile at a glance

EIN
273183929
IRS 990 coverage
2011–2024
Forms available
Form 990 2024, Form 990-EZ 2015, Form 990-N 2016
Location
Cincinnati, OH, USA
Phone
5134946474
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Support N.E.C.

Official website

Reported finances

Revenue
$1,807,021
Expenses
$1,552,440
Assets
$4,534,813
Liabilities
$723,343

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

Leadership & pay

21 people listed

Executive titles in this filing

  • CHRISTINE NEITZKE (EXECUTIVE DIRECTOR)

Highest reported compensation

  • LYNETTE ROSATI (SENIOR VP OF FINANCE AND BUSINESS OPERATIONS): $117,661 total reported compensation
  • CHRISTINE NEITZKE (EXECUTIVE DIRECTOR): $115,668 total reported compensation
  • MEGAN JACKSON (EMPLOYEE): $100,380 total reported compensation

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

Overview

Mission

See schedule othe dragonfly foundation supports families of pediatric cancer patients by; building a network that connects dragonfly families to each other and the community, providing programs to enhance quality of life, enhancing programs in partner with children's hospitals, partnering on psychosocial research with cincinnati children's hospital medical center.

What it reported doing in 2024

Hospital programs: the dragonfly foundation's hospital programs provide programs to the hospitals which enhance quality of life and enhance programs in partnering children's hospitals. These programs include: a)beads of courage which allow patients to mark the milestones of cancer treatment with a tangible manifestation of their experience through beads they receive for each milestone they accomplish during treatment.b)care bags which are care packages that make hospital stays more comfortable and provide resources and education upon admission to the oncology and bone marrow units.see schedule o for continuationc)i'm still me which is a program to support patients and families before, during and after hair loss and other physical changes that occur during cancer treatment.d)hospital support to take care of hospital staff who take care of these patients each day.e)technology which allows patients and families access to technology during cancer treatment.

Operating model

Revenue model
Donor-supported. 97% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 74% for direct work, and 26% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 71
  • Transparency & Controls: 94
  • Accountability: 87
  • Sustainability: 59
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 69.7%; rating input score 70
  • Program expense ratio: 81%; rating input score 81
  • Fundraising efficiency: $14.94 raised per $1 spent on fundraising; rating input score 50; 50th 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: 100%; rating input score 100; 76th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 94.4%; rating input score 94; 25th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 14.1%; rating input score 68; 68th percentile among comparable filings
  • Total-asset coverage ratio: 2.92; rating input score 74; 74th percentile among comparable filings
  • Liabilities to assets ratio: 0.16; rating input score 35; 35th percentile among comparable filings
  • Officer compensation ratio: 21.5%; rating input score 13; 13th percentile among comparable filings

Growth

  • Program expense growth: -0.6% per year; rating input score 0; 16th percentile among comparable filings
  • Revenue growth: 5.9% per year; rating input score 100; 48th percentile among comparable filings
  • Asset growth: 19.4% per year; rating input score 100; 81st percentile among comparable filings

Details

  • Where the money goes: 69.7% of revenue deployed · 81% of spending went to programs
  • Governance: 17 of 18 board members independent · 7 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $1.3M in reported program spending
  • Leadership: top reported pay $118K · 21 people listed
  • Consistency: 34 of 34 current checks pass
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 14 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

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

  • Review — Financial Efficiency: Fundraising efficiency scored 50/100.
  • High — Growth: Program expense growth scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Sustainability: Officer compensation ratio scored 13/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 35/100.