Overview
What is Dreams For Kids?
Dreams For Kids Dba Gce Lab School is a Chicago-based nonprofit institution located at 9 W Washington Street 4th Floor, Illinois 60602. Their primary focus is on providing a comprehensive four-year high school program centered around experimental and project-based learning. The student body is intentionally diverse, reflecting Chicago's socioeconomic and cultural landscape, and offers a pay-what-you-can-afford tuition structure. The school aims to help students realize their full potential and prepare for a future-ready workforce, with 86% of graduates going on to earn college degrees. Currently, the school has 70 students and plans to expand to 170 over the next five years. The organization's workforce consists of 19 individuals who are committed to amplifying student achievement and fostering an inclusive learning environment.
Official website here: www.gcelabschool.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star Rating from Charity Navigator.
Dreams For Kids Dba Gce Lab School has achieved a commendable Three-Star rating, reflecting strong performance in the area of Accountability & Finance. The organization excels in maintaining an independent board with 100% independent members, showcasing a commitment to governance and oversight. Additionally, the charity's program expense ratio is impressive at 83.61%, indicating that a significant portion of their funding is directed towards programs rather than administrative costs.
Despite these strengths, there are areas for improvement, notably the absence of a whistleblower policy, which could enhance the organization's transparency and accountability practices. The financial statements are well-managed with no reported issues regarding material diversion of assets. However, the liabilities to assets ratio at 55.83% may warrant closer examination to ensure long-term financial stability.
Overall, while Dreams For Kids Dba Gce Lab School demonstrates a solid foundation in governance and financial management, addressing the identified limitations could further strengthen their operational integrity and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Dreams For Kids legitimate?
Dreams For Kids is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dreams For Kids 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: $968,143
For more financial information, click here
Official website here: www.gcelabschool.org
What is the mission statement of Dreams For Kids?
Dreams For Kids Dba Gce Lab School's mission is centered around providing every child with the opportunity to reach their full potential. They achieved this by promoting experimental, project-based learning as a solution to amplify student achievement and prepare a diverse, future-ready workforce. The school aims to create a socioeconomically and culturally diverse student body, with a pay-what-you-can-afford tuition structure, ensuring that financial circumstances do not hinder a child's success. The school has seen significant achievements, with 84% of students receiving tuition support and 100% of graduates believing they will make a positive impact on the world. Enrollment is set to increase from 70 to 170 students over the next five years, and the school's success is evident in its graduates, with 86% of Gce graduates going on to earn a college degree, significantly higher than the 27% of CPS high school graduates.
Official website here: www.gcelabschool.org
Who is the CEO of Dreams For Kids?
Sheryl Cur is the President of Dreams For Kids.
Official website here: www.gcelabschool.org
What is the revenue of Dreams For Kids?
Dreams For Kids's revenue in 2022 was $3,880,872.
Official website here: www.gcelabschool.org
Who are the executives of Dreams For Kids and what are their salaries?
The average compensation at Dreams For Kids during 2022 was $50,955. There are 19 employees and 14 volunteers at Dreams For Kids.
Here are 15 key members and their salaries:
- Compensation: $100,250
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.gcelabschool.org
Where can I find the form 990 for Dreams For Kids?
Dreams For Kids's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.gcelabschool.org
Learn more at the official website: www.gcelabschool.org
Mission Statement of Dreams For Kids
Dreams For Kids Dba Gce Lab School is committed to providing every child with the opportunity to reach their full potential. They achieve this by advocating for experimental, project-based learning as a solution to amplifying student achievement and preparing a future-ready, inclusive workforce. The organization operates an immersive four-year high school program, with a student body intentionally designed to reflect Chicago's socioeconomic and cultural diversity. This is achieved through a pay-what-you-can-afford tuition structure, ensuring that financial circumstances do not hinder a child's education. The program is highly successful, with 84% of students receiving tuition support and 100% of graduates believing they will make a positive impact on the world. The school's effectiveness is evident in its graduation rates, with 86% of Gce graduates going on to obtain a college degree, significantly higher than the 27% of CPS high school graduates. The school is expanding its enrollment from 70 to 170 students over the next five years.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Dreams For Kids Dba Gce Lab School's impact is evident in their commitment to providing every child with the opportunity to realize their full potential. Through their innovative approach to education, focusing on experimental, project-based learning, they are amplifying student achievement and preparing an inclusive, future-ready workforce.
Specifically, Gce Lab School offers an immersive 4-year high school program designed to mirror Chicago's socioeconomic and cultural diversity, with a pay-what-you-can-afford tuition structure. This approach ensures that 84% of students receive tuition support, enabling them to access quality education regardless of their financial situation. The impact of this support is significant, with 100% of graduates from Gce Lab School believing they will make a difference in the world.
The school's success is further demonstrated by the outcomes of its graduates. While 86% of Gce Lab School graduates go on to receive a college degree, only 27% of Chicago Public Schools high school graduates achieve the same, highlighting the powerful impact of Gce Lab School's educational model. This success challenges the notion that one's zip code should determine their level of achievement, emphasizing the importance of providing equal opportunities for all students.
Overall, Dreams For Kids Dba Gce Lab School's impact is profound, as they are not only shaping the lives of individual students but also contributing to the development of a more inclusive and successful future workforce. Their dedication to experimental, project-based learning is creating positive change in education and empowering students to reach their full potential.
This information is meant to be a general summary of Dreams For Kids. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $4,101
- Program Service Revenue: $550,934
- Gross Receipts: $3,880,872
Assets and Liabilities:
- Total Assets: $8,029,349
- Total Liabilities: $3,753,246
- Net Assets: $4,276,103
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AUX. SERVICES - EXEMPT
Revenue
$18,447
TUITIONS AND FEES
Revenue
$532,487
Organization Details
Founding Year
2011
Phone
(312) 925-3357Principal Officer
Sheryl Cur
Main Address
9 W WASHINGTON STREET 4TH FLOOR, CHICAGO, IL, 60602
Website
www.gcelabschool.orgNTEE Category
Code: B82 - Education
If you are a representative of Dreams For Kids and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.