Totals
- Total revenue
- $53,134,454
- Total expenses
- $53,531,063
- Contributions and grants received
- $14,190,960
- Grants paid
- $0
- Program service revenue
- $38,130,404
- Investment income
- $372,416
- Other revenue
- $440,674
- Total assets, end of year
- $193,224,269
- Total liabilities, end of year
- $187,429,792
- Net assets or fund balances, end of year
- $5,794,477
- Program services expenses (Part IX)
- $43,033,261
- Management and general expenses
- $9,517,920
- Fundraising expenses
- $979,882
- Program service expenses (Part III)
- $43,033,261
Program services were 80.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$12,033,570
-
1f · All other contributions, gifts and grants
$2,157,390
-
2a · Program service revenue: TUITION REVENUE
total $38,130,404 · related or exempt $38,130,404
-
3 · Investment income
total $372,416 · excluded $372,416
-
11a · Other revenue: OTHER REVENUE
total $379,669 · related or exempt $379,669
-
11b · Other revenue: INSURANCE REIMBURSEMENT
total $57,700 · related or exempt $57,700
-
11c · Other revenue: SCHOOL FOODS RECEIPTS
total $3,305 · related or exempt $3,305
-
11e · Other revenue, total
$440,674
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $21,324,025 · program services $18,565,539 · management and general $2,758,486
-
8 · Pension plan contributions
total $166,495 · program services $144,273 · management and general $22,222
-
9 · Other employee benefits
total $2,456,844 · program services $2,128,925 · management and general $327,919
-
10 · Payroll taxes
total $1,832,901 · program services $1,588,261 · management and general $244,640
-
11a · Fees: management
total $5,552,663 · program services $1,900,727 · management and general $3,104,145 · fundraising $547,791
-
11b · Fees: legal
total $15,184 · management and general $15,184
-
11g · Fees: other
total $5,585,046 · program services $2,650,370 · management and general $2,502,585 · fundraising $432,091
-
12 · Advertising and promotion
total $293,593 · management and general $293,593
-
13 · Office expenses
total $733,410 · program services $638,145 · management and general $95,265
-
14 · Information technology
total $1,243 · program services $1,082 · management and general $161
-
16 · Occupancy
total $11,562,113 · program services $11,562,113
-
22 · Depreciation, depletion and amortization
total $227,985 · program services $207,466 · management and general $20,519
-
23 · Insurance
total $183,709 · program services $158,725 · management and general $24,984
-
24a · Other expenses: OTHER STUDENT EXPENSES
total $1,200,569 · program services $1,200,569
-
24b · Other expenses: PROGRAM FOOD & EVENTS
total $976,053 · program services $976,053
-
24c · Other expenses: CLASSROOM SUPPLIES
total $897,184 · program services $897,184
-
24d · Other expenses: PROFESSIONAL DEV.
total $359,314 · program services $318,681 · management and general $40,633
-
24e · All other expenses
total $162,732 · program services $95,148 · management and general $67,584
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $6,794,052 · end of year $5,843,455
-
3 · Pledges and grants receivable
beginning of year $1,230,495 · end of year $2,833,814
-
9 · Prepaid expenses and deferred charges
beginning of year $224,583 · end of year $371,302
-
10a · Land, buildings and equipment: cost or other basis
$5,212,577
-
10b · Land, buildings and equipment: accumulated depreciation
$801,404
-
10c · Land, buildings and equipment, net
beginning of year $1,562,080 · end of year $4,411,173
-
11 · Investments: publicly traded securities
beginning of year $2,439,941 · end of year $7,391,318
-
15 · Other assets
beginning of year $175,094,988 · end of year $172,373,207
-
17 · Accounts payable and accrued expenses
beginning of year $761,254 · end of year $932,781
-
25 · Other liabilities
beginning of year $180,467,079 · end of year $186,497,011
-
27 · Net assets without donor restrictions
beginning of year $6,019,767 · end of year $5,462,462
-
28 · Net assets with donor restrictions
beginning of year $98,039 · end of year $332,015
Mission and programs · 2023
Mission
DREAM PROVIDES YOUTH WITH OPPORTUNITIES TO PLAY, LEARN, AND GROW. OUR MISSION IS TO LEVEL THE FIELD BY EMPOWERING ALL CHILDREN TO RECOGNIZE THEIR POTENTIAL AND REALIZE THEIR DREAMS.
Activities or mission (Part I)
DREAM PREPARES STUDENTS FOR HIGH-PERFORMING HIGH SCHOOLS, COLLEGES AND BEYOND THROUGH A RIGOROUS ACADEMIC PROGRAM THAT DEVELOPS CRITICAL THINKERS WHO DEMONSTRATE A LOVE OF LEARNING, STRONG CHARACTER, & A COMMITMENT TO WELLNESS & ACTIVE CITIZENSHIP.
-
PROGRAM A: ELEMENTARY SCHOOL: FOUNDED IN 2008, DREAM CHARTER SCHOOL IS A MODEL LEARNING COMMUNITY WITH HIGH EXPECTATIONS, A STRONG CULTURE OF CARE, AND A VISION OF STUDENT SUCCESS AND EXCELLENCE. WE ACHIEVE OUR MISSION THROUGH A SUPPORTIVE, INCLUSIVE, AND RIGOROUS APPROACH. ELEMENTARY SCHOLARS IN GRADES K-5 RECEIVE EXTENSIVE SUPPORT WITH TWO TEACHERS IN THE CLASSROOM SO THAT SCHOLARS AT ALL LEVELS ARE ABLE TO LEARN AND THRIVE IN A POSITIVE ENVIRONMENT. OUR ELEMENTARY SCHOOL CURRICULUM RANGES FROM LITERACY AND MATH TO THE ARTS AND PHYSICAL EDUCATION. SCHOLARS ALSO HAVE ACCESS TO DREAM'S AWARD-WINNING AFTER-SCHOOL PROGRAM CALLED "REAL KIDS," WHICH EMPHASIZES LITERACY.PROGRAM B: MIDDLE SCHOOL: OUR MIDDLE SCHOOLS SERVE SCHOLARS IN GRADES 6-8. USING A WHOLE CHILD APPROACH AND CONSTRUCTIVIST CURRICULUM, OUR MIDDLE SCHOOLS PREPARE STUDENTS FOR HIGH PERFORMING HIGH SCHOOLS. SCHOLARS STUDY THE FUNDAMENTALS OF MATH, SCIENCE, SOCIAL STUDIES, ENGLISH LANGUAGE ARTS, AND PHYSICAL EDUCATION. SCHOLARS ALSO PARTICIPATE IN ELECTIVES: ART AND MUSIC. OUR MIDDLE SCHOOL OFFERS A VARIETY OF ACADEMIC AND EXTRACURRICULAR OPPORTUNITIES. MIDDLE SCHOOL SCHOLARS ARE ABLE TO PARTICIPATE IN DREAMBUILDERS, AN OPTIONAL AFTER-SCHOOL ENRICHMENT PROGRAM WHICH INVOLVES ACADEMIC SUPPORT, TEAM BUILDING ACTIVITIES, SERVICE-LEARNING PROJECTS, AND HEALTH AND WELLNESS ACTIVITIES. DREAM OPERATES ON AN EXTENDED DAY MODEL TO ENSURE STUDENTS HAVE ENOUGH OPPORTUNITIES TO GROW. WE ALSO HAVE A LONGER YEAR, ENABLING MIDDLE SCHOOL STUDENTS TO ATTEND A HIGH-QUALITY SUMMER PROGRAM, SUCH AS DREAM'S SUMMER PROGRAM, SO THAT KIDS CONTINUE TO SUCCEED THROUGHTOUT THE YEAR AND AVOID SUMMER LEARNING LOSS.PROGRAM C: HIGH SCHOOL: DREAM CHARTER HIGH SCHOOL PREPARES STUDENTS TO GRADUATE COLLEGE-READY, WITH STRONG SKILLS IN READING, WRITING, AND SPEAKING. WE SERVE OVER 400 SCHOLARS IN GRADES 9-12. THE HIGH SCHOOL CURRICULUM PREPARES STUDENTS FOR COLLEGE AND BEYOND BY DEVELOPING CRITICAL LITERACY SKILLS NEEDED FOR THEIR SUCCESS AS PROFESSIONALS AND AS AGENTS OF SOCIAL CHANGE. THROUGHOUT THEIR TIME AT DREAM, STUDENTS ASSEMBLE A PORTFOLIO OF COLLEGE-LEVEL PERFORMANCE ASSESSMENTS. THIS PORTFOLIO IS REPRESENTATIVE OF STUDENTS' ABILITY TO LEARN, APPLY, AND REFLECT ACROSS ALL DISCIPLINES. IN ADDITION TO ACADEMICS, DREAM CHARTER HIGH SCHOOL STUDENTS CAN PARTICIPATE IN AFTER-SCHOOL ACTIVITIES AND SPORTS SUCH AS DEBATE CLUB, BASKETBALL, AND STUDENT GOVERNMENT.
Expenses $43,033,261 · Revenue $38,571,078
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
ADAM MILLER
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
ASHISH DOSHI
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
DON SAWYER III
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
JONATHAN E SCHMERIN
TREASURER (OUTGOING)
- Total calculated
- $0
- Hours/week
- 1
-
MICHELE JOERG
VICE CHAIR & SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
PETER DANEKER
TRUSTEE (OUTGOING)
- Total calculated
- $0
- Hours/week
- 1
-
VICKI ZUBOVIC
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
VIK SAWHNEY
TRUSTEE (OUTGOING)
- Total calculated
- $0
- Hours/week
- 1
-
ZAINAB ALI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
JAMES DICOSMO
CONTRACTED MANAGING DIR. OF FINANCE
- Total calculated
- $0
- Hours/week
- 1
-
RICHARD BERLIN
CONTRACTED EXEC. DIR.
- Total calculated
- $0
- Hours/week
- 1
-
BRANDON TAYLOR
HIGH SCHOOL PRIN.
- Total calculated
- $149,936
- From this org
- $134,883
- From related orgs
- $0
- Other
- $15,053
- Hours/week
- 40
-
JAMIE PLATZER
MOTT HAVEN ELEMENTARY SCHOOL PRIN.
- Total calculated
- $155,820
- From this org
- $132,337
- From related orgs
- $0
- Other
- $23,483
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $132,337
- Bonus
- $0
- Other
- $0
- Deferred
- $4,116
- Nontaxable benefits
- $19,367
- Filer's total
- $155,820
-
JENNIFER KHAN
MOTT HAVEN MIDDLE SCHOOL PRIN.
- Total calculated
- $158,664
- From this org
- $139,099
- From related orgs
- $0
- Other
- $19,565
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $139,099
- Bonus
- $0
- Other
- $0
- Deferred
- $5,665
- Nontaxable benefits
- $13,900
- Filer's total
- $158,664
-
ALISON SCHLOSS
EAST HARLEM MIDDLE SCHOOL PRIN.
- Total calculated
- $158,029
- From this org
- $127,467
- From related orgs
- $0
- Other
- $30,562
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $117,467
- Bonus
- $10,000
- Other
- $0
- Deferred
- $4,936
- Nontaxable benefits
- $25,626
- Filer's total
- $158,029
-
SHANNEL RICHARDSON
HIGHBRIDGE ELEMENTARY SCHOOL PRIN.
- Total calculated
- $153,536
- From this org
- $131,733
- From related orgs
- $0
- Other
- $21,803
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $131,733
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $21,803
- Filer's total
- $153,536
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 7 · Other non-fixed payments
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 7
- THE BONUS REPORTED IN PART II, COLUMN B(II) WAS APPROVED BY THE CO-CEO'S IN COLLABORATION WITH THE CHIEF OPERATING OFFICER.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 19 March 2025
- IRS schema version
- 2023v6.0
- Source object
- 202510809349300301
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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