Nonprofit · EIN 46-4377912
AMERICAN DREAM CHARTER SCHOOL
Tax-exempt · BRONX, NY 10454
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $16,005,144 | $16,450,008 | -$444,864 | $37,666,530 | $32,485,482 | $5,181,048 |
| June 30, 2024 | 990 | $16,574,740 | $17,985,166 | -$1,410,426 | $38,696,600 | $33,075,431 | $5,621,169 |
| June 30, 2023 | 990 | $16,567,275 | $15,752,482 | $814,793 | $40,543,818 | $33,523,139 | $7,020,679 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,623,196
- of which government grants
- $2,362,266
- Program service revenue
- $13,019,150
- Investment income
- $308,185
- Other revenue
- $54,613
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $277,122
- Other salaries and wages
- $9,540,488
- Salaries, compensation and benefits (total)
- $11,637,847
- Professional fundraising fees
- $0
- Legal fees
- $58,942
- Accounting fees
- $247,881
- Occupancy
- $2,038,612
- Depreciation
- $177,014
- Program services (functional)
- $12,973,179
- Management and general (functional)
- $3,476,829
Balance sheet and other
- Total assets, start of year
- $38,696,600
- Total assets, end of year
- $37,666,530
- Total liabilities, end of year
- $32,485,482
- Net assets, end of year
- $5,181,048
- Land, buildings and equipment
- $294,185
- Publicly traded securities
- $2,008,696
- Net assets without donor restrictions
- $5,181,048
- Gross receipts
- $16,005,144
- Employees
- 137
- Volunteers
- 5
- Year formed
- 2013
- 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 |
|---|---|---|---|---|
| MELISSA MELKONIAN | PRINCIPAL Officer | 40 | $277,122 | $9,251 |
| NICHOLAS GALLAGHER | CHIEF OF STAFF Highest-paid employee | 40 | $206,316 | $17,439 |
| BEATRIZ BANUELOS | MIDDLE SCHOOL DIREC. Highest-paid employee | 40 | $201,252 | $15,268 |
| JESUS A GARCIA | HIGH SCHOOL DIRECTOR Highest-paid employee | 40 | $186,540 | $9,191 |
| ALEXIS ISRAEL MORALES | HIGH SCHOOL SCIENCE Highest-paid employee | 40 | $156,856 | $20,064 |
| GISSELLE ROBINSON | ASSISTANT PRINCIPAL Highest-paid employee | 40 | $156,091 | $4,099 |
| LUZ M ROJAS | CHAIRMAN Trustee or director, Officer | 10 | $0 | $0 |
| ZULEIKA MARTINEZ | SECRETARY Trustee or director, Officer | 10 | $0 | $0 |
| ROSELIN ESPINAL | TREASURER Trustee or director, Officer | 10 | $0 | $0 |
| ANGELO CABRERA | BOARD MEMBER Trustee or director | 10 | $0 | $0 |
| PATRICIA SIMON | BOARD MEMBER Trustee or director | 10 | $0 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MELISSA MELKONIAN | PRINCIPAL Officer | 40 | $263,160 | $8,678 |
| NICHOLAS GALLAGHER | CHIEF OF STA Highest-paid employee | 40 | $190,500 | $23,056 |
| BEATRIZ BANUELOS | MIDDLE SCHOO Highest-paid employee | 40 | $191,289 | $14,383 |
| JESUS A GARCIA | HIGH SCHOOL Highest-paid employee | 40 | $172,586 | $8,559 |
| GREGORIO MIRANDA | HIGH SCHOOL Highest-paid employee | 40 | $150,325 | $30,525 |
| LUZ M ROJAS | CHAIRMAN Trustee or director, Officer | 10 | $0 | $0 |
| ZULEIKA MARTINEZ | SECRETARY Trustee or director, Officer | 10 | $0 | $0 |
| ROSELIN ESPINAL | TREASURER Trustee or director, Officer | 10 | $0 | $0 |
| ANGELO CABRERA | BOARD MEMBER Trustee or director | 10 | $0 | $0 |
| PATRICIA SIMON | BOARD MEMBER Trustee or director | 10 | $0 | $0 |
990 for the year ended June 30, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MELISSA MELKONIAN | PRINCIPAL Officer | 40 | $240,185 | $7,883 |
| NICHOLAS GALLAGHER | CHIEF OF STA Highest-paid employee | 40 | $170,987 | $21,612 |
| BEATRIZ BANUELOS | MIDDLE SCHOO Highest-paid employee | 40 | $173,633 | $13,445 |
| GREGORIO MIRANDA | HIGH SCHOOL Highest-paid employee | – | $137,490 | $28,575 |
| EDDIE JIMENEZ | MIDDLE SCHOO Highest-paid employee | 40 | $146,044 | $12,391 |
| GISSELLE ROBINSON | SPED TEACHER Highest-paid employee | 40 | $147,884 | $4,565 |
| LUZ M ROJAS | CHAIRMAN Trustee or director, Officer | 10 | $0 | $0 |
| ZULEIKA MARTINEZ | SECRETARY Trustee or director, Officer | 10 | $0 | $0 |
| ROSELIN ESPINAL | TREASURER Trustee or director, Officer | 10 | $0 | $0 |
| ANGELO CABRERA | BOARD MEMBER Trustee or director | 10 | $0 | $0 |
| PATRICIA SIMON | BOARD MEMBER Trustee or director | 10 | $0 | $0 |
| TERESA HERNANDEZ | BOARD MEMBER Trustee or director | 10 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 403 CONCORD AVE, BRONX, NY 10454-1631
- In care of
- % MELISSA MELKONIAN
- Principal officer (990 for 2024)
- MELISSA MELKONIAN, 403 CONCORD AVENUE, BRONX, NY 10454
- Signed the 990
- MELISSA MELKONIAN, PRINCIPAL
- Phone
- (718) 585-3071
- Return prepared by
- LIPSKY GOODKIN & CO PC
Mission
THE AMERICAN DREAM SCHOOL'S MISSION IS TO DEVELOP ACADEMIC EXCELLENCE IN BOTH SPANISH AND ENGLISH, PREPARING STUDENTS IN GRADES 6-12 TO EXCEL IN COLLEGE.
Program accomplishments
- THE 2024-25 SCHOOL YEAR MARKED OUR ELEVENTH YEAR OF OPERATION. DURING THIS YEAR, WE SERVED THE FOLLOWING GRADES AND STUDENT POPULATIONS: 6TH GRADE: 88 STUDENTS 7TH GRADE: 87 STUDENTS 8TH GRADE: 88 STUDENTS 9TH GRADE: 96 STUDENTS 10TH GRADE: 97 STUDENTS 11TH GRADE: 80 STUDENTS 12TH GRADE: 65 STUDENTS OUR MISSION CONTINUES TO GUIDE EVERY ASPECT OF OUR WORK AS WE STRIVE TO DEVELOP ACADEMIC EXCELLENCE IN BOTH SPANISH AND ENGLISH, PREPARING OUR MIDDLE AND HIGH SCHOOL STUDENTS TO EXCEL IN COLLEGE. DURING THE 2024-25 SCHOOL YEAR, WE CONTINUED TO FOCUS ON RECRUITING AND RETAINING A HIGHLY QUALIFIED TEACHING STAFF, FURTHER IMPROVING STUDENT LEARNING OUTCOMES, AND FOSTERING A SUPPORTIVE AND INCLUSIVE SCHOOL ENVIRONMENT. WE OPERATED A THRIVING AFTER-SCHOOL PROGRAM, OFFERING STUDENTS A VARIETY OF ACADEMIC SUPPORT AND ENRICHMENT ACTIVITIES, SPORTS, SCIENCE OLYMPIAD, AND GIRLS ON THE RUN, AMONG OTHERS. WE ALSO PROVIDED OPPORTUNITIES FOR PARENT ENGAGEMENT, CONTINUING AFTER-SCHOOL PARENT WORKSHOPS AND HOSTING MONTHLY "CAFECITO CON LA DIRECTORA" MEETINGS TO STRENGTHEN OUR SCHOOL COMMUNITY AND ENSURE OPEN COMMUNICATION. THROUGHOUT THE 2024-25 SCHOOL YEAR, WE REMAINED COMMITTED TO PROVIDING EXCEPTIONAL INSTRUCTION, EMOTIONAL SUPPORT, AND FAMILY ENGAGEMENT. OUR HIGH SCHOOL GRADUATED ITS FIFTH SENIOR CLASS, THE MAJORITY OF EARNED THE NEW YORK STATE SEAL OF BILITERACY AND WHOM WERE ACCEPTED TO A COMMUNITY COLLEGE OR UNIVERSITY. THIS ACCOMPLISHMENT REFLECTS THE HARD WORK OF OUR STUDENTS, FAMILIES, AND STAFF. AS IN PREVIOUS YEARS, OUR MIDDLE SCHOOL CAMPUS COULD NOT ACCOMMODATE THE ADDITIONAL HIGH SCHOOL GRADES. CONSEQUENTLY, ADCS CONTINUES TO OPERATE AS A SPLIT-CAMPUS SCHOOL, WITH MIDDLE SCHOOL GRADES CO-LOCATED IN A NYC DOE BUILDING AND HIGH SCHOOL GRADES HOUSED IN PRIVATE, RENTED SPACE. THIS ARRANGEMENT ENSURES THAT WE CAN MEET THE NEEDS OF OUR STUDENTS WHILE CONTINUING TO DELIVER ON OUR MISSION.Expenses $12,973,179 · revenue $13,019,150
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
- 46-4377912
- 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
- 2014
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B29)
- Assets (IRS master file)
- $37,666,530
- Income (IRS master file)
- $16,005,144
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $16,005,144 | $16,450,008 | $37,666,530 | XML |
| 990 | June 2024 | $16,574,740 | $17,985,166 | $38,696,600 | XML |
| 990 | June 2023 | $16,567,275 | $15,752,482 | $40,543,818 | XML |
| 990 | June 2022 | $14,334,867 | $14,120,226 | $8,589,010 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 46-4377912).
Questions about AMERICAN DREAM CHARTER SCHOOL
- What is the EIN of AMERICAN DREAM CHARTER SCHOOL?
- The employer identification number (EIN) of AMERICAN DREAM CHARTER SCHOOL is 46-4377912.
- Is AMERICAN DREAM CHARTER SCHOOL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to AMERICAN DREAM CHARTER SCHOOL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AMERICAN 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 AMERICAN 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 AMERICAN 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 AMERICAN DREAM CHARTER SCHOOL?
- The 990 for the year ended June 30, 2025 names MELISSA MELKONIAN.
- Who are the officers and directors of AMERICAN DREAM CHARTER SCHOOL?
- The 990 for the year ended June 30, 2025 lists 11 people; 6 received compensation from the organization, the highest $277,122 (MELISSA MELKONIAN, PRINCIPAL).
- How much revenue does AMERICAN DREAM CHARTER SCHOOL have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $16,005,144, expenses of $16,450,008 and total assets of $37,666,530 at year end.
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