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Dream Charter School

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

EIN: 261841386 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Dream Charter School?

Dream Charter School is a New York-based educational nonprofit with a mission to prepare students for high-performing high schools and beyond. Founded in 2008, the school caters to scholars in elementary, middle, and high school levels. Dream Charter School offers a supportive and inclusive learning environment with a rigorous approach. Elementary school scholars in grades K-5 receive extensive support with two teachers per classroom, while middle school students in grades 6-8 study the fundamentals of various subjects and participate in after-school programs. High school students are prepared for college-readiness with a curriculum focusing on critical literacy skills. Dream operates on an extended day model and a longer year to ensure students receive ample opportunities to learn and grow. The school serves approximately 718 students in total, with a team of 318 employees dedicated to fostering their potential and helping them realize their dreams.


Official website here: www.wearedream.org

What are the reviews and ratings of this charity?

Charity Navigator rates Dream Charter School with an 81% score, earning it a Three-Star out of Four Star rating. This indicates a solid level of accountability and financial health, critical for donor confidence. The organization excels in governance, with a fully independent board and strong financial oversight mechanisms in place, ensuring transparency and integrity in its operations.

User feedback highlights the commitment of the leadership and staff to student success, particularly within the East Harlem community. A board member expressed pride in the school's dedication to engaging families and fostering an environment where children can achieve their dreams. This community-oriented approach is a significant strength, showcasing a focus on both educational quality and family involvement.

While the ratings and reviews are mostly positive, there may still be room for improvement in areas not directly covered by the data, such as broader community engagement or academic performance outcomes. Overall, Dream Charter School appears to maintain a strong operational foundation while actively working to inspire and support its students.


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

Is Dream Charter School legitimate?

Dream Charter School is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dream Charter School 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: $15,281,757

For more financial information, click here


Official website here: www.wearedream.org

What is the mission statement of Dream Charter School?

Dream Charter School aims to prepare students for high-performing high schools, colleges, and beyond by providing a rigorous academic program that fosters critical thinking and a love for learning. The school empowers all children to recognize their potential and achieve their dreams. Through a supportive, inclusive, and rigorous approach, Dream Charter School achieves its mission, enabling scholars to thrive in a positive learning environment. The curriculum covers various subjects, including literacy, math, arts, and physical education. The school offers after-school programs and extracurricular activities to enhance students' learning experiences. Dream operates on an extended day model and longer year to ensure students have ample opportunities to grow. The high school prepares students for college readiness by developing essential critical literacy skills and assembling a portfolio of college-level performance assessments.


Official website here: www.wearedream.org

Who is the CEO of Dream Charter School?

Eve Colavito is the Chairman of Dream Charter School.


Official website here: www.wearedream.org

What is the revenue of Dream Charter School?

Dream Charter School's revenue in 2022 was $33,701,299.


Official website here: www.wearedream.org

Who are the executives of Dream Charter School and what are their salaries?

The average compensation at Dream Charter School during 2022 was $48,056. There are 318 employees and 118 volunteers at Dream Charter School.


Here are 13 key members and their salaries:


Ashish Doshi (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan E Schmerin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Gyurko (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michele Joerg (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Daneker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vik Sawhney (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Dicosmo (Managing Dir. Of Finance & Adm.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Berlin (Contracted Exec. Dir.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brandon Taylor (Director Of Curriculum & I)
  • Compensation: $113,328
  • Related: $0
  • Other: $12,488
Elizabeth Solaimanian Dodge (Middle School Principal)
  • Compensation: $130,262
  • Related: $0
  • Other: $16,526
Jamie Platzer (Mott Haven Principal)
  • Compensation: $130,262
  • Related: $0
  • Other: $15,217
Jared Francis (High School Principal)
  • Compensation: $159,328
  • Related: $0
  • Other: $10,148
Joseph Colarusso (Director Of Operations)
  • Compensation: $108,911
  • Related: $0
  • Other: $4,331


Official website here: www.wearedream.org

Where can I find the form 990 for Dream Charter School?

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


Official website here: www.wearedream.org

Learn more at the official website: www.wearedream.org

Mission Statement of Dream Charter School

Dream Charter School, a vibrant learning community, is dedicated to empowering students and preparing them for high-performing high schools, colleges, and beyond. With a strong academic program that fosters critical thinking and a love for learning, Dream aims to level the playing field for all children, enabling them to recognize their potential and realize their dreams.

The elementary school division at Dream Charter School, founded in 2008, offers a supportive, inclusive, and rigorous approach to education. Classrooms are staffed with two teachers, ensuring individual attention to scholars at all levels. The curriculum ranges from literacy and math to the arts and physical education. Scholars also benefit from Dream's award-winning after-school program, Real Kids, which emphasizes literacy development.

In middle school, Dream Charter School continues its commitment to academic excellence and personal growth. Scholars in grades 6-8 engage in a whole child approach and constructivist curriculum designed to prepare them for high-performing high schools. Middle schoolers study the fundamentals of math, science, social studies, English language arts, and physical education. They also participate in electives such as art and music. The middle school offers a variety of academic and extracurricular opportunities, including Dreambuilders, an after-school enrichment program that provides academic support, team-building activities, service-learning projects, and health and wellness activities. With an extended day model and a longer year, Dream ensures that students have enough opportunities to grow and maintain their academic progress throughout the year.

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Impact




October, 2024

Dream Charter School has a profound impact on student development and community engagement. By preparing students for high-performing high schools, colleges, and beyond, the school cultivates critical thinkers who possess a love of learning, strong character, and a commitment to wellness and active citizenship.

Founded in 2008, Dream Charter School operates as a model learning community with high expectations and a strong culture of care. The school's rigorous academic program is designed to support scholars from kindergarten through high school, ensuring that every student thrives in a positive environment. With two teachers in every elementary classroom, scholars receive tailored support that meets their diverse learning needs, covering a broad curriculum that includes literacy, math, arts, and physical education.

In middle school, Dream employs a whole-child approach that emphasizes not only academic fundamentals but also personal growth through electives in art and music, as well as after-school enrichment programs. This extended day model and longer academic year, including summer programs, are vital in preventing learning loss and fostering continuous development.

At the high school level, Dream Charter High School focuses on preparing students to be college-ready, equipping them with essential literacy skills and the ability to articulate their thoughts effectively. Students build a robust portfolio of performance assessments, showcasing their competencies across disciplines.

Overall, Dream Charter School empowers youth to recognize their potential, providing them with opportunities to play, learn, and grow, ultimately helping them realize their dreams in a supportive and inclusive environment.




This information is meant to be a general summary of Dream Charter School. 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
$33,701,299 (2022)
Expenses
$33,782,285 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $12,776
  • Program Service Revenue: $23,735,119
  • Gross Receipts: $33,701,299

Assets and Liabilities:

  • Total Assets: $9,734,616
  • Total Liabilities: $689,523
  • Net Assets: $9,045,093

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION REVENUE

Revenue

$23,735,119

Organization Details

Founding Year

2008

Principal Officer

Eve Colavito

Main Address

1991 SECOND AVENUE, NEW YORK, NY, 10029

NTEE Category

Code: B29 - Education

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