2024-04-10T14:54:20-05:00 2023-06-30 873707167 CBIZ MARKS PANETH LLC 685 THIRD AVENUE NEW YORK NY 10017 990 2022-07-01 261841386 DREAM CHARTER SCHOOL DREA 2127221608 1991 SECOND AVENUE NEW YORK NY 10029 EVE COLAVITO CO-CHIEF EXECUTIVE 2127221608 2024-04-04 1 EVE COLAVITO 999009999 0 MAGDALENA CZERNIAWSKI P00535099 2125038800 2024-04-04 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z EVE COLAVITO 1991 SECOND AVENUE NEW YORK NY 10029 42205725 0 X WWW.WEAREDREAM.ORG X 2008 NY 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. 6 6 368 282 0 0 9943438 12995481 23735119 29020547 12776 138110 9966 51587 33701299 42205725 0 0 0 0 18534093 21425461 0 0 888881 15248192 23661867 33782285 45087328 -80986 -2881603 9734616 187346139 689523 181228333 9045093 6117806 X 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. 0 0 36110782 29072134 ELEMENTARY SCHOOL: ELEMENTARY SCHOOLS 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 EVERY 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.MIDDLE SCHOOL: OUR MIDDLE SCHOOLS SERVE SCHOLARS IN GRADES 6-8. IN FALL 2021, DREAM OPENED ITS NEWEST MIDDLE SCHOOL IN THE MOTT HAVEN SECTION OF THE BRONX. 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 TWO 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 THROUGHOUT THE YEAR AND AVOID SUMMER LEARNING LOSS. HIGH SCHOOL: DREAM CHARTER HIGH SCHOOL PREPARES STUDENTS TO GRADUATE COLLEGE-READY, WITH STRONG SKILLS IN READING, WRITING, AND SPEAKING. WE SERVE APPROXIMATELY 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. 36110782 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 33 0 1 368 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X LYDIA TOMMY DIRECTOR OF FINANCE 2127221608 1991 SECOND AVENUE NEW YORK NY 10029 X ASHISH DOSHI CHAIRMAN 1.00 X X 0 0 0 DON SAWYER III TRUSTEE 1.00 X 0 0 0 JONATHAN E SCHMERIN TREASURER 1.00 X X 0 0 0 JONATHAN GYURKO SECRETARY (OUTGOING) 1.00 X X 0 0 0 MICHELE JOERG VICE CHAIR & SECRETARY 1.00 X X 0 0 0 PETER DANEKER TRUSTEE 1.00 X 0 0 0 VIK SAWHNEY TRUSTEE 1.00 X 0 0 0 JAMES DICOSMO CONTRACTED MANAGING DIR. OF FINANCE 1.00 X 0 0 0 RICHARD BERLIN CONTRACTED EXEC. DIR. 1.00 X 0 0 0 BRANDON TAYLOR DIRECTOR OF CURRICULUM & I 40.00 X 125725 0 13872 ELIZABETH SOLAIMANIAN MIDDLE SCHOOL PRINCIPAL 40.00 X 160298 0 17462 JAMIE PLATZER MOTT HAVEN PRINCIPAL 40.00 X 149418 0 16036 JENNIFER KHAN MOTT HAVEN ELEMENTARY SCHOOL 40.00 X 135320 0 17788 JOSEPH COLARUSSO DIRECTOR OF OPERATIONS 40.00 X 112871 0 4617 683632 0 69775 10 0 1 0 RED RABBIT 1751 PARK AVENUE NEW YORK NY 10035 SCHOOL FOOD SERVICE 800607 1 9969453 3026028 12995481 TUITION REVENUE 611600 29020547 29020547 29020547 138110 138110 OTHER REVENUE 900099 51587 51587 51587 42205725 29072134 0 138110 X 17603333 16018876 1584457 182688 165685 17003 2128504 1930407 198097 1510936 1370315 140621 5036990 1983702 2595295 457993 13411 13411 6595235 3682152 2482195 430888 250391 250391 728894 650501 78393 1507 1345 162 9059721 8439265 620456 5379 4895 484 163033 123889 39144 OTHER STUDENT EXPENSES 669306 669306 CLASSROOM SUPPLIES 521095 521095 PROFESSIONAL DEV. 251686 228896 22790 PROGRAM FOOD & EVENTS 233883 233883 131336 86570 44766 45087328 36110782 8087665 888881 7740899 6794052 1516279 1230495 248500 224583 2135499 573419 21132 1562080 2439941 207806 175094988 9734616 187346139 154372 761254 535151 180467079 689523 181228333 X 8547054 6019767 498039 98039 9045093 6117806 9734616 187346139 -2881603 -45684 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 30145 30145 2105354 573419 1531935 1562080 RESTRICTED CASH 175000 SCHOLARSHIPS 4306 SECURITY DEPOSIT 28500 OPERATING LEASE RIGHT-OF-USE ASSET 174887182 175094988 DUE TO INSTITUTIONAL PARTNER 748839 PROGR. RELATED INV. PAYABLE 200000 LEASE LIABILITY 179518240 180467079 X 44253621 -45684 2093580 2047896 42205725 0 42205725 47180908 2093580 2093580 45087328 0 45087328 PART X, LINE 2: THE SCHOOL BELIEVES IT HAD NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2023 AND 2022, IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, "INCOME TAXES," WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY UNCERTAIN TAX POSITIONS. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE SCHOOL HAS A NONDISCRIMINATORY POLICY THAT IS PUBLICIZED IN RECRUITMENT LITERATURE, FLYERS IN PUBLIC PLACES, AS WELL AS PRINT AND ELECTRONIC MEDIA. A COPY OF THE POLICY IS MADE AVAILABLE UPON REQUEST. SCHEDULE E, PART I, LINE 6 THE SCHOOL RECEIVES TUITION FROM THE NEW YORK CITY DEPARTMENT OF EDUCATION. 0 0 0 0 0 0 0 1 0 ELIZABETH SOLAIMANIAN MIDDLE SCHOOL PRINCIPAL 140798 0 10000 0 9500 0 5637 0 11825 0 177760 0 0 0 JAMIE PLATZER MOTT HAVEN PRINCIPAL 139418 0 10000 0 0 0 4211 0 11825 0 165454 0 0 0 JENNIFER KHAN MOTT HAVEN ELEMENTARY SCHOOL 125320 0 10000 0 0 0 5085 0 12703 0 153108 0 0 0 PART I, LINE 7 THE BONUS WAS APPROVED BY THE CO-CEO'S IN COLLABORATION WITH THE CHIEF OPERATING OFFICER. SCHEDULE J, PART II: ELIZABETH SOLAIMANIAN RECEIVED A STIPEND AND IT IS REPORTED IN COLUMN B(III). FORM 990, PART VI, SECTION A, LINE 3 DREAM CHARTER SCHOOL HAS AN INSTITUTIONAL PARTNERSHIP AGREEMENT WITH THE HARLEM RBI, INC. AS PART OF THE CONTRACTED MANAGEMENT AGREEMENT HARLEM RBI PROVIDES EXECUTIVE MANAGEMENT AND BACK OFFICE SERVICES. THE FORMER CHAIRMAN OF DREAM CHARTER SCHOOL, RICHARD BERLIN, IS THE EXECUTIVE DIRECTOR OF HARLEM RBI. EXPENSES UNDER THIS AGREEMENT AMOUNTED TO $5,036,990 DURING THE YEAR ENDED JUNE 30, 2023. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT. THE AUDIT/FINANCE COMMITTEE REVIEWED AND PROVIDED EDITS TO THE TAX PREPARER. AFTER THIS PROCESS WAS PERFORMED, THE FORM 990 WAS SENT TO THE FULL BOARD OF DIRECTORS PRIOR TO BEING FILED WITH THE IRS. THE COMPLETE, FINAL 990 WAS PROVIDED TO THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S BOARD HAS ADOPTED A CONFLICT OF INTEREST POLICY THAT COVERS ALL DIRECTORS, AND OFFICERS. UNDER THIS POLICY, PRIOR TO INITIAL ELECTION, APPOINTMENT OR HIRING OF ANY DIRECTOR, OFFICER OR KEY EMPLOYEE, AND ANNUALLY THEREAFTER, THE SECRETARY SHALL CAUSE TO BE DISTRIBUTED TO EACH SUCH PERSON A COPY OF THE POLICY TOGETHER WITH A WRITTEN DISCLOSURE STATEMENT. THE DISCLOSURE STATEMENT SHALL REQUIRE CONFIRMATION THAT SUCH PERSON HAS READ THE POLICY AND AGREES TO BE BOUND BY IT, AND IDENTIFY ANY POTENTIAL COVERED ARRANGEMENTS. EACH SUCH PERSON SHALL COMPLETE, SIGN AND SUBMIT SUCH DISCLOSURE STATEMENT PROMPTLY AND SHALL UPDATE HIS OR HER DISCLOSURE STATEMENT AS NECESSARY TO KEEP IT ACCURATE DURING THE COURSE OF THE FOLLOWING YEAR. THE CHAIR OF THE AUDIT COMMITTEE AND THE BOARD CHAIR WILL REVIEW ALL POTENTIAL COVERED ARRANGEMENTS FOR DETERMINATION OF WHETHER A CONFLICT EXISTS. THE AUDIT COMMITTEE (OR THE BOARD IN CERTAIN CIRCUMSTANCES), IS RESPONSIBLE FOR THE REVIEW AND APPROVAL OF SUCH TRANSACTIONS. PERSONS WITH A CONFLICT MUST REFRAIN FROM PARTICIPATING IN, BEING PHYSICALLY PRESENT DURING, OR ATTEMPTING TO INFLUENCE, THE CONSIDERATION OR DETERMINATION BY THE AUDIT COMMITTEE OR BOARD OF COVERED ARRANGEMENT. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST AND ARE MADE AVAILABLE ON THE ORGANIZATION'S WEBSITE. FORM 990, PART IX, LINE 11G CONSULTING & PROFESSIONAL: PROGRAM SERVICE EXPENSES 1,628,664. MANAGEMENT AND GENERAL EXPENSES 40,500. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,669,164. CONTRACTUAL SERVICES: PROGRAM SERVICE EXPENSES 1,866,298. MANAGEMENT AND GENERAL EXPENSES 2,441,695. FUNDRAISING EXPENSES 430,888. TOTAL EXPENSES 4,738,881. INSTRUCTORS AND TUTORS: PROGRAM SERVICE EXPENSES 187,190. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 187,190. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.