Dragonfly Development Resources Inc

CUMBERLAND, RI EIN: 04-3556913

Dragonfly Development Resources Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CUMBERLAND, RI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $110K in total assets. In 2024, it made $45K in qualifying distributions. Net investment income was $2K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$110K

+5.7% YoY

Revenue

$52K

+4.9% YoY

Qualifying Distributions

$45K

-6.3% YoY

Expenses

$46K

-7.1% YoY

Under IRS private-foundation payout rules, Dragonfly Development Resources Inc reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.

About Dragonfly Development Resources Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

Ready to take the next step with Dragonfly Development Resources Inc?

Assess fit for your org Draft an LOI Find open RFPs

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$109,899	$103,955	$103,948
Revenue	$51,937	$49,492	$55,520
Expenses	$45,993	$49,485	$55,426
Qualifying Distributions	$45,000	$48,000	$51,500
Net Investment Income	$1,937	$1,984	$520
Distributable Amount	$5,313	$5,092	$5,110

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

0 grants across all recorded years

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
HENRY SINCLAIR SHERRILL	DIRECTOR	—	—
DAVID Z BEECHER	BOARD	—	—
JEFFREY WILDER EARLES	BOARD	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Dragonfly Development Resources Inc?

Dragonfly Development Resources Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CUMBERLAND, RI. It holds $110K in total assets as of 2024.

How large is Dragonfly Development Resources Inc?

As of 2024, Dragonfly Development Resources Inc holds $110K in total assets with $52K in annual revenue.

How much is Dragonfly Development Resources Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Dragonfly Development Resources Inc reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Dragonfly Development Resources Inc's EIN?

Dragonfly Development Resources Inc's EIN (Employer Identification Number) is 04-3556913. IRS Form 990 filing data is available on this page for 2020–2024.