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DRG FOUNDATION

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Tax-exempt status may be revoked

DRG FOUNDATION

EIN 47-1419184 · Scholarships & Student Financial Aid (B82)

What they do

ORGANIZATIONS MISSION or MOST SIGNIFICANT ACTIVITIES: to PROVIDE SCHOLARSHIPS to DESERVING FIRST YEAR COLLEGE/UNIVERSITY STUDENTS THAT ATTENDED DR. RUBEN GALLEGOS ELEMENTARY SCHOOL AND/OR OTHER DESERVING HIGH SCHOOL SENIOR STUDENTS;THE ORGANIZATION WILL ALSO MAKE DISTRIBUTIONS to OTHER ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(c)(3) of THE INTERNAL REVENUE CODE, or THE CORRESPONDING SECTION of ANY FUTURE FEDERAL TAX CODE.

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This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2021The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders4 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

400,000.00%of revenue went to mission work60.2% of expenses · Program services
$665,000.00spent for every $100 of revenueSpending was higher than revenue this year.
$13.50in assets for every $1 spent this yearSome assets cannot be spent right away.

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Worth asking: Expenses exceeded revenue by $6,649 this year. Ask whether that was planned or caused by a one-time event.

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Money

Financial picture

Tax year 2021

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1
Mission workProgram services$4,000400,000.00% of revenue60.2% of expenses
ManagementOffice and general costs0.00% of revenue0.0% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$6,650665,000.00% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2021CurrentExpense mix: 60.2% mission · 0.0% management · 0.0% fundraisingTotal expenses: 665,000.00% of revenue
2020Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 89.99% of revenue
2019Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 82.98% of revenue
2018Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 2,360.69% of revenue

Money in and money out

Revenue$1
Expenses$6,650
Annual shortfall $6,649 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$4,000 · 60.2% of expenses
See all reported dollar amounts
Revenue$1
Expenses$6,650
Assets$89,764
Mission work (program services)$4,000
People

Leadership and board

Tax year 2021

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (4)

DELMA GALLEGOSSECRETARY

JESSE GALLEGOSTREASURER

NORMA LINDA GALLEGOS FLORESCHAIRPERSON

RUBEN GALLEGOS JRVICE-CHAIRMAN

About this charity

Recognized since
October 2015
Location
P O BOX 531118, HARLINGEN, TX 78553
County
Cameron
In care of
JESSE GALLEGOS
Primary officer
JESSE GALLEGOS, Treasurer

How to reach them

Filing and classification

Latest tax year
2021
Tax period began
January 1, 2021
Return type
990EZ
Tax preparer
HAYNIE & COMPANY
NTEE classification
Scholarships & Student Financial Aid (B82)
IRS tax category
Scholarships & Student Financial Aid
Revocation date
May 15, 2025

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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