AMERICAN DREAM CHARTER SCHOOL: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- AMERICAN DREAM CHARTER SCHOOL (EIN 46-4377912)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2025-01-18
- IRS object ID
- 202510189349300706
- Schema version
- 2023v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-01-18T09:52:38-05:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | A GARY AARONSON CPA PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 42 WEST 38TH STREET SUITE 1003 | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100180060 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 464377912 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE AMERICAN DREAM CHARTER SCHOOL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | AMER | BusinessNameControlTxt |
| Phone | 7185853071 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 403 CONCORD AVENUE | AddressLine1Txt |
| City | BRONX | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10454 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MELISSA MELKONIAN | PersonNm |
| Person Title | PRINCIPAL | PersonTitleTxt |
| Phone | 7185853071 | PhoneNum |
| Signature | 2025-01-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | A GARY AARONSON | PreparerPersonNm |
| PTIN | P01327657 | PTIN |
| Phone | 2126845770 | PhoneNum |
| Preparation | 2025-01-18 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MELISSA MELKONIAN | PrincipalOfficerNm |
| Gross Receipts | $16,574,740 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.THEAMERICANDREAMSCHOOL.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2013 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or 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. | ActivityOrMissionDesc |
| Voting Members Governing Body | 5 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 5 | VotingMembersIndependentCnt |
| Total Employee | 128 | TotalEmployeeCnt |
| Total Volunteers | 5 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $4,299,738 | PYContributionsGrantsAmt |
| CY Contributions Grants | $4,137,111 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $12,039,203 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $12,111,237 | CYProgramServiceRevenueAmt |
| PY Investment Income | $161,806 | PYInvestmentIncomeAmt |
| CY Investment Income | $260,089 | CYInvestmentIncomeAmt |
| PY Other Revenue | $66,528 | PYOtherRevenueAmt |
| CY Other Revenue | $66,303 | CYOtherRevenueAmt |
| PY Total Revenue | $16,567,275 | PYTotalRevenueAmt |
| CY Total Revenue | $16,574,740 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $10,603,637 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $11,985,587 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $28,185 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $5,148,845 | PYOtherExpensesAmt |
| CY Other Expenses | $5,999,579 | CYOtherExpensesAmt |
| PY Total Expenses | $15,752,482 | PYTotalExpensesAmt |
| CY Total Expenses | $17,985,166 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $814,793 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,410,426 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $40,543,818 | TotalAssetsBOYAmt |
| Total Assets EOY | $38,696,600 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $33,523,139 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $33,075,431 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $7,020,679 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $5,621,169 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| 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. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $14,512,077 | ExpenseAmt |
| Desc | THE 2023-24 SCHOOL YEAR MARKED OUR TENTH YEAR OF OPERATION. DURING THIS YEAR, WE SERVED THE FOLLOWING GRADES AND STUDENT POPULATIONS: 6TH GRADE: 86 STUDENTS 7TH GRADE: 80 STUDENTS 8TH GRADE: 86 STUDENTS 9TH GRADE: 93 STUDENTS 10TH GRADE: 86 STUDENTS 11TH GRADE: 72 STUDENTS 12TH GRADE: 71 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 2023-24 SCHOOL YEAR, WE FOCUSED 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 ENRICHMENT ACTIVITIES, INCLUDING HOMEWORK HELP, SPORTS, SCIENCE OLYMPIAD, AND GIRLS ON THE RUN, AMONG OTHERS. WE ALSO EXPANDED 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 2023-24 SCHOOL YEAR, WE REMAINED COMMITTED TO PROVIDING EXCEPTIONAL INSTRUCTION, EMOTIONAL SUPPORT, AND FAMILY ENGAGEMENT. OUR HIGH SCHOOL GRADUATED ITS FOURTH SENIOR CLASS, THE MAJORITY OF 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. | Desc |
| Total Program Service Expenses | $14,512,077 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 27 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 128 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 5 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 5 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MELISSA MELKONIAN | PersonNm |
| Phone | 7185853071 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 510 E 141ST STREET 4TH FLOOR | AddressLine1Txt |
| City | BRONX | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10454 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| LUZ M ROJAS | |||||||
| CHAIRMAN | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ZULEIKA MARTINEZ | |||||||
| SECRETARY | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ROSELIN ESPINAL | |||||||
| TREASURER | 10.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ANGELO CABRERA | |||||||
| BOARD MEMBER | 10.00 | Yes (X) | $0 | $0 | $0 | ||
| PATRICIA SIMON | |||||||
| BOARD MEMBER | 10.00 | Yes (X) | $0 | $0 | $0 | ||
| MELISSA MELKONIAN | |||||||
| PRINCIPAL | 40.00 | Yes (X) | $263,160 | $0 | $8,678 | ||
| NICHOLAS GALLAGHER | |||||||
| CHIEF OF STA | 40.00 | $190,500 | $0 | $23,056 | Yes (X) | ||
| BEATRIZ BANUELOS | |||||||
| MIDDLE SCHOO | 40.00 | $191,289 | $0 | $14,383 | Yes (X) | ||
| GREGORIO MIRANDA | |||||||
| HIGH SCHOOL | 40.00 | $150,325 | $0 | $30,525 | Yes (X) | ||
| JESUS A GARCIA | |||||||
| HIGH SCHOOL | 40.00 | $172,586 | $0 | $8,559 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $967,860 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $85,201 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 5 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| CIVIC CONCORD AVENUE LLC | |||||
| 180 VARICK STREET SUITE 1414 | NEW YORK | NY | 10014 | RENT | $1,437,326 |
| ACCOUNTING SOLUTION OF NEW YORK INC | |||||
| 241 WEST 37TH STREET SUITE 1207 | NEW YORK | NY | 10018 | ACCOUNTING | $210,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $3,787,580 | GovernmentGrantsAmt |
| All Other Contributions | $349,531 | AllOtherContributionsAmt |
| Total Contributions | $4,137,111 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RESIDENT STUDENT ENROLLMENT | Desc |
| Business | 611110 | BusinessCd |
| Total Revenue Column | $12,111,237 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $12,111,237 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $12,111,237 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $260,089 | TotalRevenueColumnAmt |
| Exclusion | $260,089 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER REVENUE | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $66,303 | TotalRevenueColumnAmt |
| Exclusion | $66,303 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $66,303 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $16,574,740 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $12,111,237 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $326,392 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $263,160 | TotalAmt |
| Program Services | $137,580 | ProgramServicesAmt |
| Management And General | $125,580 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,876,334 | TotalAmt |
| Program Services | $7,975,524 | ProgramServicesAmt |
| Management And General | $1,887,920 | ManagementAndGeneralAmt |
| Fundraising | $12,890 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $173,497 | TotalAmt |
| Program Services | $138,823 | ProgramServicesAmt |
| Management And General | $34,453 | ManagementAndGeneralAmt |
| Fundraising | $221 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $705,494 | TotalAmt |
| Program Services | $564,500 | ProgramServicesAmt |
| Management And General | $140,097 | ManagementAndGeneralAmt |
| Fundraising | $897 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $967,102 | TotalAmt |
| Program Services | $773,826 | ProgramServicesAmt |
| Management And General | $192,047 | ManagementAndGeneralAmt |
| Fundraising | $1,229 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,832 | TotalAmt |
| Management And General | $67,832 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $235,459 | TotalAmt |
| Management And General | $235,459 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $370,217 | TotalAmt |
| Program Services | $318,462 | ProgramServicesAmt |
| Management And General | $38,807 | ManagementAndGeneralAmt |
| Fundraising | $12,948 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $131,320 | TotalAmt |
| Program Services | $131,320 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $595,902 | TotalAmt |
| Program Services | $476,810 | ProgramServicesAmt |
| Management And General | $119,092 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,055,781 | TotalAmt |
| Program Services | $1,644,931 | ProgramServicesAmt |
| Management And General | $410,850 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $280,161 | TotalAmt |
| Program Services | $224,171 | ProgramServicesAmt |
| Management And General | $55,990 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $111,865 | TotalAmt |
| Program Services | $89,508 | ProgramServicesAmt |
| Management And General | $22,357 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| STUDENT SERVICES | $1,346,157 | $1,346,157 | |
| STUDENT & STAFF REC. FEES | $262,441 | $229,856 | $32,585 |
| REPAIRS & MAINTENANCE | $244,517 | $195,650 | $48,867 |
| BOARD & STAFF DEVELOPMENT | $205,176 | $175,887 | $29,289 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $92,751 | TotalAmt |
| Program Services | $89,072 | ProgramServicesAmt |
| Management And General | $3,679 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,985,166 | TotalAmt |
| Program Services | $14,512,077 | ProgramServicesAmt |
| Management And General | $3,444,904 | ManagementAndGeneralAmt |
| Fundraising | $28,185 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $588,347 | BOYAmt |
| EOY | $424,304 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $717,078 | BOYAmt |
| EOY | $407,828 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,829,486 | BOYAmt |
| EOY | $936,653 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,349 | BOYAmt |
| EOY | $35,222 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $2,002,852 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,673,440 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $518,097 | BOYAmt |
| EOY | $329,412 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,788,930 | BOYAmt |
| EOY | $5,865,243 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,061,531 | BOYAmt |
| EOY | $30,697,938 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,543,818 | BOYAmt |
| EOY | $38,696,600 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,260,798 | BOYAmt |
| EOY | $1,224,658 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,262,341 | BOYAmt |
| EOY | $31,850,773 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,523,139 | BOYAmt |
| EOY | $33,075,431 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,020,679 | BOYAmt |
| EOY | $5,621,169 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,020,679 | BOYAmt |
| EOY | $5,621,169 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,543,818 | BOYAmt |
| EOY | $38,696,600 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$1,410,426 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $10,916 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,584,945 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,341,815 | DepreciationAmt |
| Book Value | $243,130 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $417,907 | OtherCostOrOtherBasisAmt |
| Depreciation | $331,625 | DepreciationAmt |
| Book Value | $86,282 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $329,412 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (4 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| RIGHT OF USE ASSET | $29,849,932 |
| DUE FROM ADCS II | $467,072 |
| SECURITY DEPOSITS | $350,484 |
| OTHER RESERVE | $30,450 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $30,697,938 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| LONG TERM LEASE OBLIGATION | $31,389,227 |
| CURRENT LEASE OBLIGATION | $461,546 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $31,850,773 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $16,585,656 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $10,916 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $10,916 | RevenueNotReportedAmt |
| Revenue Subtotal | $16,574,740 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $16,574,740 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $17,985,166 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $17,985,166 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $17,985,166 | TotalExpensesPerForm990Amt |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, LINE 3 | THE RACIALLY NONDISCRIMINATORY POLICY IS INCLUDED ON THE STUDENT APPLICATION AND IS ALSO POSTED ON THE CHARTER SCHOOLS WEBSITE. |
| SCHEDULE E, LINE 4 | WE ARE A PUBLIC CHARTER SCHOOL THAT DOESNT CHARGE TUITION. WE DO NOT ISSUE ANY SCHOLARSHIPS OR FINANCIAL ASSISTANCE TO OUR STUDENTS. |
| SCHEDULE E, LINE 6 | AMERICAN DREAM CHARTER SCHOOL IS A PUBLIC CHARTER SCHOOL AUTHORIZED BY THE STATE OF NEW YORK. WE RECEIVE PER PUPIL FUNDING, FEDERAL GRANT FUNDS AND STATE TITLE FUNDS. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt |
|---|---|---|---|---|
| MELISSA MELKONIAN | ||||
| PRINCIPAL | $263,160 | $8,678 | $263,160 | $8,678 |
| NICHOLAS GALLAGHER | ||||
| CHIEF OF STAFF | $190,500 | $23,056 | $190,500 | $23,056 |
| BEATRIZ BANUELOS | ||||
| MIDDLE SCHOOL DIREC. | $191,289 | $14,383 | $191,289 | $14,383 |
| GREGORIO MIRANDA | ||||
| HIGH SCHOOL ASST DIR | $150,325 | $30,525 | $150,325 | $30,525 |
| JESUS A GARCIA | ||||
| HIGH SCHOOL DIRECTOR | $172,586 | $8,559 | $172,586 | $8,559 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PAGE 2, PART III, LINE 4A | THE 2023-24 SCHOOL YEAR MARKED OUR TENTH YEAR OF OPERATION. DURING THIS YEAR, WE SERVED THE FOLLOWING GRADES AND STUDENT POPULATIONS: 6TH GRADE: 86 STUDENTS 7TH GRADE: 80 STUDENTS 8TH GRADE: 86 STUDENTS 9TH GRADE: 93 STUDENTS 10TH GRADE: 86 STUDENTS 11TH GRADE: 72 STUDENTS 12TH GRADE: 71 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 2023-24 SCHOOL YEAR, WE FOCUSED 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 ENRICHMENT ACTIVITIES, INCLUDING HOMEWORK HELP, SPORTS, SCIENCE OLYMPIAD, AND GIRLS ON THE RUN, AMONG OTHERS. WE ALSO EXPANDED 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 2023-24 SCHOOL YEAR, WE REMAINED COMMITTED TO PROVIDING EXCEPTIONAL INSTRUCTION, EMOTIONAL SUPPORT, AND FAMILY ENGAGEMENT. OUR HIGH SCHOOL GRADUATED ITS FOURTH SENIOR CLASS, THE MAJORITY OF 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. |
| FORM 990, PAGE 6, PART VI, LINE 11B | AN ELECTRONIC COPY OF THE DRAFT OF THE FORM 990 WILL BE DISTRIBUTED TO THE ORGANIZATION'S GOVERNING BODY PRIOR TO ITS FILING. ALL THE MEMBERS OF THE GOVERNING BOARD ARE REQUESTED TO REVIEW AND AUTHORIZE THE FILING OF THE FORM 990. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE SCHOOL REQUIRES ALL THE BOARD MEMBERS AND THE KEY OFFICERS TO FILL OUT THE CONFLICT OF INTEREST DISCLOSURE FORM. POTENTIAL CONFLICTS OF INTEREST ARE REPORTED TO THE BOARD CHAIR. IF THE BOARD CHAIR HAS A POTENTIAL CONFLICT OF INTEREST IT IS REPORTED TO THE BOARD SECRETARY. AN INDIVIDUAL WITH A POTENTIAL CONFLICT IS REQUIRED TO LEAVE THE ROOM WHILE THE MATTER IS DISCUSSED. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE EXECUTIVE COMMITTEE OF THE SCHOOL DETERMINES THE COMPENSATION OF THE OFFICERS AND DIRECTORS. IN ORDER TO DETERMINE THE COMPENSATION FOR THE OFFICERS AND DIRECTORS (S), THE SCHOOL UTILIZES A COMBINATION OF THE SOURCES INCLUDING: A) INFORMATION OF COMPENSATION PAID TO THE OFFICERS AND DIRECTORS EMPLOYEES OF OTHER CHARTER SCHOOLS AND OTHER SIMILAR ORGANIZATIONS AVAILABLE THROUGH THE 990S POSTED ON THE GUIDESTAR. B) EXPERIENCE OF THE EXECUTIVE COMMITTEE MEMBERS IN DETERMINING THE COMPENSATION OF SUCH POSITIONS. C) AVAILABLE BUDGET OF THE SCHOOL AND THE EXPERIENCE OF THE INDIVIDUALS APPLYING OR PROVIDING SERVICE TO THE SCHOOL. |
| FORM 990, PAGE 6, PART VI, LINE 19 | AVAILABLE UPON REQUEST. |
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