Nonprofit · EIN 26-1841386
DREAM CHARTER SCHOOL
Tax-exempt · NEW YORK, NY 10029
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $67,472,384 | $75,097,137 | -$7,624,753 | $319,180,120 | $321,009,566 | -$1,829,446 |
| June 30, 2024 | 990 | $53,134,454 | $53,531,063 | -$396,609 | $193,224,269 | $187,429,792 | $5,794,477 |
| June 30, 2023 | 990 | $42,205,725 | $45,087,328 | -$2,881,603 | $187,346,139 | $181,228,333 | $6,117,806 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $18,452,045
- of which government grants
- $14,328,268
- Program service revenue
- $48,403,754
- Investment income
- $498,561
- Net gain from sales of assets
- $549
- Other revenue
- $118,024
Expenses
- Grants and similar amounts paid
- $13,612
- Other salaries and wages
- $28,088,054
- Salaries, compensation and benefits (total)
- $34,186,407
- Professional fundraising fees
- $0
- Legal fees
- $340
- Occupancy
- $20,183,098
- Depreciation
- $524,806
- Program services (functional)
- $60,055,857
- Management and general (functional)
- $13,727,348
- Fundraising (functional)
- $1,313,932
Balance sheet and other
- Total assets, start of year
- $193,224,269
- Total assets, end of year
- $319,180,120
- Total liabilities, end of year
- $321,009,566
- Net assets, end of year
- -$1,829,446
- Land, buildings and equipment
- $5,888,278
- Publicly traded securities
- $7,741,992
- Net assets without donor restrictions
- -$3,351,152
- Net assets with donor restrictions
- $1,521,706
- Gross receipts
- $67,671,835
- Employees
- 541
- Volunteers
- 290
- Year formed
- 2008
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LEXIS WHITE | EAST HARLEM ELEMENTARY SCHOOL Highest-paid employee | 40 | $184,685 | $17,238 |
| CORA NEVILLE | HIGHBRIDGE MIDDLE SCHOOL Highest-paid employee | 40 | $166,588 | $19,853 |
| ALISON SCHLOSS | EAST HARLEM MIDDLE SCHOOL Highest-paid employee | 40 | $141,040 | $40,663 |
| JA'KEEL DANIELS | HIGH SCHOOL PRINCIPAL Highest-paid employee | 40 | $155,877 | $14,162 |
| SHANNEL RICHARDSON | HIGHBRIDGE ELEMENTARY SCHOOL Highest-paid employee | 40 | $147,160 | $22,207 |
| ADAM MILLER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ASHISH DOSHI | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| CHARLIE HOWE | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| DON SAWYER III | TRUSTEE Trustee or director | 1 | $0 | $0 |
| EMILY STECHER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LIZ RICH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MICHELE JOERG | VICE CHAIR & SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| VICKI ZUBOVIC | TRUSTEE Trustee or director | 1 | $0 | $0 |
| VILAS KUCHINAD | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ZAINAB ALI | TRUSTEE Trustee or director | 1 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EVE COLAVITO | CONTRACTED CO-CEO Officer | 1 | $0 |
| JAMES DICOSMO | CONTRACTED CFO Officer | 1 | $0 |
| RICHARD BERLIN | CONTRACTED CO-CEO Officer | 1 | $0 |
990 for the year ended June 30, 2024: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JENNIFER KHAN | MOTT HAVEN MIDDLE SCHOOL PRIN. Highest-paid employee | 40 | $139,099 | $19,565 |
| ALISON SCHLOSS | EAST HARLEM MIDDLE SCHOOL PRIN. Highest-paid employee | 40 | $127,467 | $30,562 |
| JAMIE PLATZER | MOTT HAVEN ELEMENTARY SCHOOL PRIN. Highest-paid employee | 40 | $132,337 | $23,483 |
| SHANNEL RICHARDSON | HIGHBRIDGE ELEMENTARY SCHOOL PRIN. Highest-paid employee | 40 | $131,733 | $21,803 |
| BRANDON TAYLOR | HIGH SCHOOL PRIN. Highest-paid employee | 40 | $134,883 | $15,053 |
| ADAM MILLER | TREASURER Trustee or director | 1 | $0 | $0 |
| ASHISH DOSHI | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| DON SAWYER III | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JONATHAN E SCHMERIN | TREASURER (OUTGOING) Trustee or director, Officer | 1 | $0 | $0 |
| MICHELE JOERG | VICE CHAIR & SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| PETER DANEKER | TRUSTEE (OUTGOING) Trustee or director | 1 | $0 | $0 |
| VICKI ZUBOVIC | TRUSTEE Trustee or director | 1 | $0 | $0 |
| VIK SAWHNEY | TRUSTEE (OUTGOING) Trustee or director | 1 | $0 | $0 |
| ZAINAB ALI | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JAMES DICOSMO | CONTRACTED MANAGING DIR. OF FINANCE Officer | 1 | $0 | $0 |
| RICHARD BERLIN | CONTRACTED EXEC. DIR. Officer | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ELIZABETH SOLAIMANIAN | MIDDLE SCHOOL PRINCIPAL Highest-paid employee | 40 | $160,298 | $17,462 |
| JAMIE PLATZER | MOTT HAVEN PRINCIPAL Highest-paid employee | 40 | $149,418 | $16,036 |
| JENNIFER KHAN | MOTT HAVEN ELEMENTARY SCHOOL Highest-paid employee | 40 | $135,320 | $17,788 |
| BRANDON TAYLOR | DIRECTOR OF CURRICULUM & I Highest-paid employee | 40 | $125,725 | $13,872 |
| JOSEPH COLARUSSO | DIRECTOR OF OPERATIONS Highest-paid employee | 40 | $112,871 | $4,617 |
| ASHISH DOSHI | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| DON SAWYER III | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JONATHAN E SCHMERIN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JONATHAN GYURKO | SECRETARY (OUTGOING) Trustee or director, Officer | 1 | $0 | $0 |
| MICHELE JOERG | VICE CHAIR & SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| PETER DANEKER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| VIK SAWHNEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JAMES DICOSMO | CONTRACTED MANAGING DIR. OF FINANCE Officer | 1 | $0 | $0 |
| RICHARD BERLIN | CONTRACTED EXEC. DIR. Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1991 2ND AVE, NEW YORK, NY 10029-6302
- Principal officer (990 for 2024)
- EVE COLAVITO, 1991 SECOND AVENUE, NEW YORK, NY 10029
- Signed the 990
- EVE COLAVITO, CO-CHIEF EXECUTIVE
- Phone
- (212) 722-1608
- Website
- WWW.WEAREDREAM.ORG
- Return prepared by
- CBIZ ADVISORS LLC
Mission
DREAM'S MISSION IS TO ENSURE THAT ALL YOUNG PEOPLE RECOGNIZE THEIR POTENTIAL AND REALIZE THEIR DREAMS. WE LEVEL THE PLAYING FIELD BY INVESTING IN THE WHOLE CHILD FROM EARLY CHILDHOOD TO EARLY ADULTHOOD.
Program accomplishments
- PROGRAM A: ELEMENTARY SCHOOL: FOUNDED IN 2008, DREAM'S UNIQUE GROW THE WHOLE CHILD EDUCATION MODEL IS POWERED BY FOUR DISTINCT, YET INTERCONNECTED, ELEMENTS THAT DRIVE TRANSFORMATIVE CHANGE FOR YOUTH. RIGOROUS ACADEMICS; SOCIAL-EMOTIONAL LEARNING; ATHLETICS, HEALTH, AND WELLNESS; AND FAMILY AND COMMUNITY ENGAGEMENT ARE ALL EQUAL, CRUCIAL PARTS OF THE EVERYDAY AT DREAM. ELEMENTARY SCHOLARS IN GRADES K-5 RECEIVE EXTENSIVE SUPPORT WITH TWO TEACHERS IN THE 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 AND SUMMER PROGRAM CALLED REAL KIDS. PROGRAM B: MIDDLE SCHOOL: DREAM MIDDLE SCHOOLS SERVE SCHOLARS IN GRADES 6-8. 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 A WIDE RANGE OF ACADEMIC AND EXTRACURRICULAR ACTIVITIES SUCH AS SPORTS, ART, MUSIC, DEBATE, CODING, AND MORE. MIDDLE SCHOOL SCHOLARS ALSO 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 AND EXTENDED-YEAR MODEL TO ENSURE STUDENTS HAVE ENOUGH OPPORTUNITIES TO GROW AFTER SCHOOL AND DURING THE SUMMERS.PROGRAM C: HIGH SCHOOL: DREAM CHARTER HIGH SCHOOL PREPARES STUDENTS FOR COLLEGE AND BEYOND BY DEVELOPING CRITICAL LITERACY SKILLS NEEDED FOR THEIR SUCCESS AS PROFESSIONALS AND AS AGENTS OF SOCIAL CHANGE. WE SERVE OVER 400 SCHOLARS IN GRADES 9-12. AT DCHS, STUDENTS HAVE ACCESS TO AP COURSES, ONE-ON-ONE COLLEGE COUNSELING, FREE AFTERSCHOOL ACTIVITIES AND SPORTS SUCH AS DEBATE CLUB, BASKETBALL, AND STUDENT GOVERNMENT, AND SUMMER JOBS. 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 THEIR DEFENSES OF LEARNING, STUDENTS PRESENT AND DEFEND THEIR PORTFOLIO AS A CAPSTONE ACTIVITY AND RITE OF PASSAGE. AS A RESULT, DCHS GRADUATES ARE BOTH HIGHLY SKILLED AND CRITICALLY CONSCIOUS AND EVERY DAY, THEY'RE OUT IN THE WORLD MAKING A DIFFERENCE.Expenses $60,055,857 · grants $13,612 · revenue $48,521,778
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 26-1841386
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2008
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $319,180,120
- Income (IRS master file)
- $67,671,835
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $67,472,384 | $75,097,137 | $319,180,120 | IRS |
| 990 | June 2024 | $53,134,454 | $53,531,063 | $193,224,269 | XML |
| 990 | June 2023 | $42,205,725 | $45,087,328 | $187,346,139 | IRS |
| 990 | June 2022 | $33,701,299 | $33,782,285 | $9,734,616 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-1841386).
Questions about DREAM CHARTER SCHOOL
- What is the EIN of DREAM CHARTER SCHOOL?
- The employer identification number (EIN) of DREAM CHARTER SCHOOL is 26-1841386.
- Is DREAM CHARTER SCHOOL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to DREAM CHARTER SCHOOL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DREAM CHARTER SCHOOL file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of DREAM CHARTER SCHOOL due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DREAM CHARTER SCHOOL last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of DREAM CHARTER SCHOOL?
- The 990 for the year ended June 30, 2025 names EVE COLAVITO.
- Who are the officers and directors of DREAM CHARTER SCHOOL?
- The 990 for the year ended June 30, 2025 lists 18 people; 5 received compensation from the organization, the highest $184,685 (LEXIS WHITE, EAST HARLEM ELEMENTARY SCHOOL).
- How much revenue does DREAM CHARTER SCHOOL have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $67,472,384, expenses of $75,097,137 and total assets of $319,180,120 at year end.
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