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Dream Schools Inc

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

EIN: 204657268 ✦ Pittsburgh, PA ✦ Designated as a 501(c)(3)

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Overview

What is Dream Schools Inc?

Dream Schools Inc is a nonprofit organization situated in Pittsburgh, Pennsylvania, specifically at 700 Newport Drive, 15234. Their primary mission is to offer rental and various occupational services to non-profit charter schools and organizations. By providing a suitable space for these educational institutions, they contribute to the ongoing education and development of students and communities. Their main activity involves leasing out school buildings to non-profit charter schools, thereby supporting the growth and success of these educational entities.

What are the reviews and ratings of this charity?

Rating from Charity Navigator: One-Star out of Four Stars (54%)

Dream Schools Inc has received a One-Star rating from Charity Navigator, indicating concerns about its overall accountability and financial health. While the organization scores well in governance aspects, such as having a majority independent board and well-managed policies, it struggles significantly with financial metrics, particularly its program expense ratio, which is reported at 0.00%.

The strengths of Dream Schools Inc lie in its governance structure and adherence to policies aimed at promoting transparency and accountability. The organization has a fully independent board and maintains strong policies regarding conflict of interest and whistleblower protections. These are positive indicators of its commitment to ethical practices and responsible management.

However, the major limitations reflected in the rating are its poor financial performance, especially the liabilities to assets ratio and the lack of program expense allocation. This raises questions about the organization’s effectiveness in utilizing funds for its intended mission, which is critical for operational sustainability and donor trust.


This AI summary has been generated from information found on Charity Navigator.

Is Dream Schools Inc legitimate?

Dream Schools Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dream Schools Inc 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

What is the mission statement of Dream Schools Inc?

Dream Schools Inc is committed to providing essential services to non-profit charter schools and organizations. Their primary mission is to offer rental and other occupational facilities, aiming to support the educational endeavors of these institutions. By offering a school building for rental, Dream Schools Inc contributes to the availability of learning spaces for these non-profit entities, thereby promoting educational opportunities.

Who is the CEO of Dream Schools Inc?

Omer Dogru is the President of Dream Schools Inc.

What is the revenue of Dream Schools Inc?

Dream Schools Inc's revenue in 2022 was $786,968.

Who are the executives of Dream Schools Inc and what are their salaries?


Here are 4 key members and their salaries:


Yasin Kucak (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Omer Dogru (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sait Onal (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Halil Cinar (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Dream Schools Inc?

Dream Schools Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Dream Schools Inc

Dream Schools Inc, as a non-profit organization, is dedicated to providing essential rental and occupational services to various charter schools and organizations. Its mission is centered around offering a suitable environment for these educational institutions to thrive and carry out their educational objectives. By providing a school building for rent, Dream Schools Inc plays a crucial role in enabling these non-profit entities to fulfill their educational mission without the burden of securing and maintaining physical infrastructure. This support allows these organizations to focus more on their core objectives, such as teaching and learning, thereby contributing positively to their communities.

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Impact




October, 2024

Dream Schools Inc significantly enhances the educational landscape by offering essential rental and occupational support services to nonprofit charter schools and organizations. By providing access to school buildings and other vital resources, it enables these institutions to focus on their core mission of delivering quality education without the burden of logistical challenges. Located in Pittsburgh, Pennsylvania, Dream Schools Inc plays a critical role in fostering an environment where charter schools can thrive, ultimately benefiting students and the broader community by promoting educational accessibility and innovation. This impact resonates through improved learning conditions, expanded educational opportunities, and sustained support for diverse educational initiatives.




This information is meant to be a general summary of Dream Schools Inc. 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
$786,968 (2022)
Expenses
$12,000 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $399,203
  • Gross Receipts: $1,354,556

Assets and Liabilities:

  • Total Assets: $10,201,973
  • Total Liabilities: $4,812,683
  • Net Assets: $5,389,290

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Organization Details

Founding Year

2007

Principal Officer

Omer Dogru

Main Address

700 NEWPORT DRIVE, PITTSBURGH, PA, 15234

NTEE Category

Code: B60 - Education

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