Dragonfly Wings Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 475590284 ✦ Springfield, MO ✦ Designated as a 501(c)(3)

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Overview

What is Dragonfly Wings Foundation?

The Dragonfly Wings Foundation, located in Springfield, Missouri, is a nonprofit organization that supports teachers and educational initiatives. Their primary goal is to alleviate the economic hardships faced by rural school educators due to budgetary constraints. The foundation achieves this by offering various programs. One such program is the Teacher Housing Program, which provides low-cost housing for qualified teachers for up to three contract years. If the teachers meet certain conditions, the foundation assists them with a down payment and lower-interest rate loan to purchase a home in the community. Another initiative is Flemings on 4th, a brick-and-mortar location that features a soda fountain operated by the Future Business Leaders of America (FBLA), seasonal events, weekly specials, community projects, retail items, and auctions. The proceeds from these activities benefit teachers and educational initiatives in Dent County. Furthermore, teachers who volunteer at Flemings receive credits to offset their out-of-pocket expenses. The foundation strongly believes in community support and teamwork, recognizing that achieving its goals is dependent on these elements. In addition to its own programs, the Dragonfly Wings Foundation provides cash and noncash grants to other unrelated organizations to help them achieve their missions.


Official website here: www.dflyw.org

Is Dragonfly Wings Foundation legitimate?

Dragonfly Wings Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dragonfly Wings Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.dflyw.org

What is the mission statement of Dragonfly Wings Foundation?

The Dragonfly Wings Foundation's mission is focused on supporting rural school educators, aiming to alleviate the financial hardships resulting from budgetary constraints. The organization achieves this by providing resources and assistance to teachers. One of its initiatives is a teacher housing program, offering affordable housing options for three contract years, with the possibility of a low down payment and lower interest rate loan for teachers who meet certain conditions. The foundation also operates Flemings on 4th, a community space that generates funds for teacher and educational initiatives. Additionally, the organization encourages community involvement and teamwork to achieve its goals, providing support to other organizations through cash and non-cash grants.


Official website here: www.dflyw.org

Who is the CEO of Dragonfly Wings Foundation?

Lisa Hester is the Managing Mem of Dragonfly Wings Foundation.


Official website here: www.dflyw.org

What is the revenue of Dragonfly Wings Foundation?

Dragonfly Wings Foundation's revenue in 2022 was $511,512.


Official website here: www.dflyw.org

Who are the executives of Dragonfly Wings Foundation and what are their salaries?

There 4 volunteers at Dragonfly Wings Foundation.


Here are 4 key members and their salaries:


Lisa Hester (Managing Mem)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Hester (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joyce Bradley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ella Faye Little (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.dflyw.org

Where can I find the form 990 for Dragonfly Wings Foundation?

Dragonfly Wings Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.dflyw.org

Learn more at the official website: www.dflyw.org

Mission Statement of Dragonfly Wings Foundation

The Dragonfly Wings Foundation is committed to providing rural school educators with the resources and support they need, alleviating the inherent economic hardship often associated with budgetary constraints. The organization's mission is twofold: firstly, it offers a Teacher Housing Program, providing eligible teachers with low-cost housing for up to three contract years. This program includes the provision of a first house in 2022, with plans for a four-plex in 2023. If teachers meet certain savings and contract requirements, the foundation offers them assistance with a low down payment and lower interest rate loan to purchase a home within the community.

Secondly, the foundation operates Flemings on 4th, a brick and mortar location that features various community initiatives. These include a soda fountain run by the Future Business Leaders of America (FBLA), seasonal events, weekly specials, and community projects. The revenue generated from these activities, exceeding operating costs, is donated to support teachers and educational initiatives in the area. Additionally, teachers who volunteer receive credits to offset their out-of-pocket expenses in the classroom and for their students.

The Dragonfly Wings Foundation believes that community cooperation is essential for achieving its goals. It collaborates with other organizations, providing them with cash and non-cash grants, to collectively make a significant impact on the education sector. The organization's activities are driven by a strong sense of teamwork and community support, ensuring that rural school educators have the resources they need to thrive.

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Impact




July, 2024

Dragonfly Wings Foundation's impact is primarily focused on providing support and resources to rural school educators, aiming to alleviate the economic challenges associated with budgetary constraints. Through initiatives such as the Teacher Housing Program, providing low-cost housing and assistance with home ownership, and projects like Fleming's on 4th, which generate proceeds to benefit educators and educational initiatives, the organization is actively working to make a difference in Dent County. Additionally, by emphasizing the importance of community involvement and support, Dragonfly Wings Foundation extends its impact beyond its direct programs by also providing grants to other organizations aligned with its mission.




This information is meant to be a general summary of Dragonfly Wings Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$511,512 (2022)
Expenses
$148,666 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,962
  • Program Service Revenue: $1,750
  • Gross Receipts: $511,512

Assets and Liabilities:

  • Total Assets: $1,811,309
  • Total Liabilities: -$3,027
  • Net Assets: $1,814,336

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$1,750

Organization Details

Founding Year

2020

Principal Officer

Lisa Hester

Main Address

2312 E BRIAR ST, SPRINGFIELD, MO, 65804

NTEE Category

Code: B90 - Education

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