Totals
- Total revenue
- $16,567,275
- Total expenses
- $15,752,482
- Contributions and grants received
- $4,299,738
- Grants paid
- $0
- Program service revenue
- $12,039,203
- Investment income
- $161,806
- Other revenue
- $66,528
- Total assets, end of year
- $40,543,818
- Total liabilities, end of year
- $33,523,139
- Net assets or fund balances, end of year
- $7,020,679
- Program services expenses (Part IX)
- $12,924,356
- Management and general expenses
- $2,798,217
- Fundraising expenses
- $29,909
- Program service expenses (Part III)
- $12,924,356
Program services were 82.0% 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)
$3,908,313
-
1f · All other contributions, gifts and grants
$391,425
-
2a · Program service revenue: RESIDENT STUDENT ENROLLMENT
total $12,039,203 · related or exempt $12,039,203
-
3 · Investment income
total $161,806 · excluded $161,806
-
11a · Other revenue: OTHER REVENUE
total $66,528 · excluded $66,528
-
11e · Other revenue, total
$66,528
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $240,185 · program services $120,593 · management and general $119,592
-
7 · Other salaries and wages
total $8,722,106 · program services $7,226,819 · management and general $1,483,011 · fundraising $12,276
-
8 · Pension plan contributions
total $132,029 · program services $108,239 · management and general $23,790
-
9 · Other employee benefits
total $676,888 · program services $554,922 · management and general $121,966
-
10 · Payroll taxes
total $832,429 · program services $682,437 · management and general $146,309 · fundraising $3,683
-
11b · Fees: legal
total $17,173 · management and general $17,173
-
11c · Fees: accounting
total $217,000 · management and general $217,000
-
11g · Fees: other
total $372,948 · program services $324,017 · management and general $34,981 · fundraising $13,950
-
12 · Advertising and promotion
total $121,447 · program services $121,447
-
13 · Office expenses
total $600,839 · program services $492,576 · management and general $108,263
-
16 · Occupancy
total $2,061,052 · program services $1,689,679 · management and general $371,373
-
22 · Depreciation, depletion and amortization
total $281,847 · program services $231,062 · management and general $50,785
-
23 · Insurance
total $106,268 · program services $87,120 · management and general $19,148
-
24a · Other expenses: STUDENT SERVICES
total $677,498 · program services $677,498
-
24b · Other expenses: STUDENT & STAFF REC. FEES
total $260,461 · program services $219,292 · management and general $41,169
-
24c · Other expenses: BOARD & STAFF DEVELOPMENT
total $197,515 · program services $176,513 · management and general $21,002
-
24d · Other expenses: REPAIRS & MAINTENANCE
total $105,847 · program services $86,775 · management and general $19,072
-
24e · All other expenses
total $128,950 · program services $125,367 · management and general $3,583
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $4,162,877 · end of year $588,347
-
2 · Savings and temporary cash investments
beginning of year $2,938,442 · end of year $717,078
-
3 · Pledges and grants receivable
beginning of year $549,249 · end of year $1,829,486
-
9 · Prepaid expenses and deferred charges
beginning of year $43,175 · end of year $40,349
-
10a · Land, buildings and equipment: cost or other basis
$1,911,376
-
10b · Land, buildings and equipment: accumulated depreciation
$1,393,279
-
10c · Land, buildings and equipment, net
beginning of year $570,439 · end of year $518,097
-
11 · Investments: publicly traded securities
end of year $5,788,930
-
15 · Other assets
beginning of year $324,828 · end of year $31,061,531
-
17 · Accounts payable and accrued expenses
beginning of year $1,187,311 · end of year $1,260,798
-
25 · Other liabilities
beginning of year $1,195,813 · end of year $32,262,341
-
27 · Net assets without donor restrictions
beginning of year $6,205,886 · end of year $7,020,679
Mission and programs · 2022
Mission
THE AMERICAN DREAM SCHOOL'S MISSION IS TO DEVELOP ACADEMIC EXCELLENCE IN BOTH SPANISH AND ENGLISH, PREPARING STUDENTS IN GRADES 6-12 TO EXCEL IN COLLEGE.
-
THE 2022-23 SCHOOL YEAR WAS OUR NINTH YEAR OF OPERATION. DURING THIS YEAR, WE SERVED 6TH GRADE WITH 85 STUDENTS, 7TH GRADE WITH 89 STUDENTS, 8TH GRADE WITH 81 STUDENTS, 9TH GRADE WITH 94 STUDENTS, 10TH GRADE WITH 84 STUDENTS, 11TH GRADE WITH 77 STUDENTS, AND 12TH GRADE WITH 74 STUDENTS. OUR MISSION HAS ALWAYS BEEN CENTRAL TO OUR FOCUS AS WE DEVELOP ACADEMIC EXCELLENCE IN BOTH SPANISH AND ENGLISH, PREPARING OUR MIDDLE AND HIGH SCHOOL STUDENTS TO EXCEL IN COLLEGE. IN THE SCHOOL YEAR 2022-23 WE CONTINUED TO CONCENTRATE ON CULTIVATING A HIGHLY QUALIFIED TEACHING STAFF, IMPROVING OUR STUDENT LEARNING OUTCOMES AND FINE-TUNING A SUPPORTIVE SCHOOL ENVIRONMENT. WE CONTINUED TO OPERATE A SUCCESSFUL AFTER-SCHOOL PROGRAM. OUR AFTER-SCHOOL PROGRAM INCLUDED HOMEWORK HELP, SPORTS, SCIENCE OLYMPIAD, GIRLS ON THE RUN TO NAME A FEW. WE CONTINUED OFFERING AFTER SCHOOL PARENT WORKSHOPS AND BUILDING A STRONG COMMUNITY THROUGH REGULAR MONTHLY MEETINGS WITH PARENTS AND THE PRINCIPAL CALLED "CAFECITO CON DA DIRECTORA." DURING THE 2022-23 WE CONTINUED TO PROVIDE EXCEPTIONAL INSTRUCTION, EMOTIONAL SUPPORT, AND FAMILY SUPPORT. ADCS GRADUATED OUR THIRD CLASS ALMOST ALL OF WHOM HAD BEEN ACCEPTED AT A COMMUNITY COLLEGE OR UNIVERSITY. AS PREVIOUSLY INDICATED, OUR MIDDLE SCHOOL CAMPUS COULD NOT ACCOMMODATE THE ADDITIONAL HIGH SCHOOL GRADES. AS A RESULT, ADS IS A SPLIT CAMPUS SCHOOL WITH MIDDLE SCHOOL GRADES CO-LOCATED IN A NYC DOE BUILDING AND HIGH SCHOOL GRADES LOCATED IN PRIVATE, RENTED SPACE.
Expenses $12,924,356
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Luz M RojasLUZ M ROJAS
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 10
-
Zuleika MartinezZULEIKA MARTINEZ
SECRETARY
- Total calculated
- $0
- Hours/week
- 10
-
Roselin EspinalROSELIN ESPINAL
TREASURER
- Total calculated
- $0
- Hours/week
- 10
-
Angelo CabreraANGELO CABRERA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Patricia SimonPATRICIA SIMON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Teresa HernandezTERESA HERNANDEZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 10
-
Melissa MelkonianMELISSA MELKONIAN
PRINCIPAL
- Total calculated
- $248,068
- From this org
- $240,185
- From related orgs
- $0
- Other
- $7,883
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $240,185
- Bonus
- not reported
- Other
- not reported
- Deferred
- $7,883
- Nontaxable benefits
- not reported
- Filer's total
- $248,068
-
Nicholas GallagherNICHOLAS GALLAGHER
CHIEF OF STA
- Total calculated
- $192,599
- From this org
- $170,987
- From related orgs
- $0
- Other
- $21,612
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $170,987
- Bonus
- not reported
- Other
- not reported
- Deferred
- $21,612
- Nontaxable benefits
- not reported
- Filer's total
- $192,599
-
Beatriz BanuelosBEATRIZ BANUELOS
MIDDLE SCHOO
- Total calculated
- $187,078
- From this org
- $173,633
- From related orgs
- $0
- Other
- $13,445
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $173,633
- Bonus
- not reported
- Other
- not reported
- Deferred
- $13,445
- Nontaxable benefits
- not reported
- Filer's total
- $187,078
-
Gisselle RobinsonGISSELLE ROBINSON
SPED TEACHER
- Total calculated
- $152,449
- From this org
- $147,884
- From related orgs
- $0
- Other
- $4,565
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $147,884
- Bonus
- not reported
- Other
- not reported
- Deferred
- $4,565
- Nontaxable benefits
- not reported
- Filer's total
- $152,449
-
Eddie JimenezEDDIE JIMENEZ
MIDDLE SCHOO
- Total calculated
- $158,435
- From this org
- $146,044
- From related orgs
- $0
- Other
- $12,391
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $146,044
- Bonus
- not reported
- Other
- not reported
- Deferred
- $12,391
- Nontaxable benefits
- not reported
- Filer's total
- $158,435
-
Gregorio MirandaGREGORIO MIRANDA
HIGH SCHOOL
- Total calculated
- $166,065
- From this org
- $137,490
- From related orgs
- $0
- Other
- $28,575
Schedule J breakdown matched by us
- Base
- $137,490
- Bonus
- not reported
- Other
- not reported
- Deferred
- $28,575
- Nontaxable benefits
- not reported
- Filer's total
- $166,065
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
None.
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
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
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
- 2022
- Filed
- 7 February 2024
- IRS schema version
- 2022v5.0
- Source object
- 202400419349300705
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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