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The American Dream Charter School

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 464377912 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

Overview

What is The American Dream Charter School?

The American Dream Charter School is a nonprofit institution based in the Bronx, New York, with a workforce of 94 employees. Established eight years ago, it serves students from 6th to 12th grade, with a focus on academic excellence in both Spanish and English to prepare them for college. During the 2021-22 school year, they welcomed 6th to 11th graders, with approximately 80 students per grade. The school's mission is to foster academic growth while providing a supportive environment. In the 2021-22 academic year, the American Dream Charter School prioritized hiring a highly qualified teaching team, enhancing student learning outcomes, and refining their school environment. They successfully resumed their after-school program, which offered activities such as homework help, robotics, music, soccer, science Olympiad, Girls on the Run, chess, and a renowned debate team. Additionally, they continued hosting parent workshops and fostering a strong community through monthly meetings. The 2021-22 school year commenced fully in-person, offering traditional routines and exceptional instruction, emotional support, and family engagement. The school graduated its second class, most of whom were accepted into community colleges or universities. Due to space constraints, the middle and high school grades are now housed in separate locations, with the high school in a permanent building within walking distance of the middle school campus.


Official website here: www.theamericandreamschool.org

Is The American Dream Charter School legitimate?

The American Dream Charter School is a legitimate nonprofit organization registered as a 501(c)(3) entity. The American Dream Charter School 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.

Here are some key statistics you may want to consider:

Executive Compensation: $231,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,819,544

For more financial information, click here


Official website here: www.theamericandreamschool.org

What is the mission statement of The American Dream Charter School?

The American Dream Charter School's mission revolves around academic excellence for students in grades 6-12, with a focus on both Spanish and English instruction. This school's primary goal is to prepare its middle and high school students for success in college. During the 2021-22 school year, the school prioritized hiring a highly qualified teaching staff, enhancing student learning outcomes, and refining a supportive school environment. The after-school program, which includes homework help, robotics, music, soccer, and other activities, resumed operation. Parent workshops and community meetings, known as "Cafecito con la Directora," were also continued. Instruction, emotional support, and family support were provided exceptionally during the fully operational in-person 2021-22 school year. The school graduated its second class, most of whom were accepted into community colleges or universities. Due to space constraints, the middle and high school campuses are now split, with the middle school at a NYC DOE building and the high school in private, rented space. In the summer of 2020, the high school moved into a permanent building, where the school signed a long-term lease. This new location is close to the middle school campus, making it easily accessible to students and families.


Official website here: www.theamericandreamschool.org

Who is the CEO of The American Dream Charter School?

Melissa Melkonian is the Chairman of The American Dream Charter School.


Official website here: www.theamericandreamschool.org

What is the revenue of The American Dream Charter School?

The American Dream Charter School's revenue in 2022 was $14,334,867.


Official website here: www.theamericandreamschool.org

Who are the executives of The American Dream Charter School and what are their salaries?

The average compensation at The American Dream Charter School during 2022 was $85,644. There are 94 employees and 13 volunteers at The American Dream Charter School.

Here are 11 key members and their salaries:

    Melissa Melkonian (Principal)
  • Compensation: $231,000
  • Related: $0
  • Other: $6,413

    • Nicholas Gallagher (Chief Of Sta)
  • Compensation: $171,000
  • Related: $0
  • Other: $20,162

    • Glory Carrion-Gomez (High School)
  • Compensation: $178,334
  • Related: $0
  • Other: $4,657

    • Beatriz Banuelos (Middle Schoo)
  • Compensation: $160,430
  • Related: $0
  • Other: $12,462

    • Eddie Jimenez (Middle Schoo)
  • Compensation: $122,384
  • Related: $0
  • Other: $3,302

    • Luz M Rojas (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Zuleika Martinez (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roselin Espinal (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Angelo Cabrera (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patricia Simon (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Teresa Hernandez (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.theamericandreamschool.org

    Where can I find the form 990 for The American Dream Charter School?

    The The American Dream Charter School’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.theamericandreamschool.org

    Learn more at the official website: www.theamericandreamschool.org

    Mission Statement of The American Dream Charter School

    The American Dream Charter School is a mission-driven institution dedicated to fostering academic excellence in both Spanish and English for students in grades 6-12. Its primary goal is to prepare these middle and high school students for success in college. During the 2021-22 school year, the school served a total of 514 students across six grades.

    The American Dream Charter School has consistently prioritized its mission, concentrating on cultivating a highly qualified teaching staff, improving student learning outcomes, and fine-tuning a supportive school environment. In the 2021-22 academic year, the school restarted its successful after-school program, which had been disrupted by the COVID-19 pandemic. The after-school offerings included homework help, robotics, music, soccer, Science Olympiad, Girls on the Run, chess, and an award-winning debate team. Parent workshops and community meetings, referred to as "Cafecito con la Directora," were also provided to strengthen the bond between parents and the school.

    The 2021-2022 school year marked a return to traditional routines, with exceptional instruction, emotional support, and family support being provided. The school graduated its second class, most of whom had been accepted into community colleges or universities. Due to space constraints, the middle and high school grades were housed in separate locations: the middle school campus was co-located in an NYC DOE building, while the high school grades were situated in private, rented space. In the summer of 2020, the high school moved into a permanent building, signing a long-term lease. This new location was also in close proximity to the middle school campus, allowing easy access for students.

    Impact

    This information is meant to be a general summary of The American Dream Charter School. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The American Dream Charter School has had a significant impact on the academic growth and college readiness of its students in grades 6-12. With a mission focused on developing academic excellence in both Spanish and English, the school has worked diligently to provide a supportive and enriching environment for its students.

    Throughout the 2021-22 school year, The American Dream Charter School concentrated on improving student learning outcomes, enhancing its teaching staff, and maintaining a strong community connection with parents through various programs and workshops. The school successfully operated an after-school program that offered a wide range of activities, including homework help, robotics, music, sports, and debate team participation.

    Additionally, the school's commitment to college preparation was evident as almost all graduates from the second class were accepted into a community college or university. The organization's efforts to provide exceptional instruction, emotional support, and family engagement have contributed to its students' success and progress towards higher education.

    Although facing the challenge of split campuses for middle and high school grades, The American Dream Charter School has been able to secure a permanent building for its high school location, facilitating a more stable and conducive learning environment for its students. Overall, the school's impact on academic achievement, college readiness, and community engagement underscores its dedication to fulfilling its mission of preparing students for success in college and beyond.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $13,366
  • Program Service Revenue: $11,750,843
  • Gross Receipts: $14,334,867

    • Assets and Liabilities:
  • Total Assets: $8,589,010
  • Total Liabilities: $2,383,124
  • Net Assets: $6,205,886
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RESIDENT STUDENT ENROLLMENT

    Revenue

    $11,750,843

    Organization Details

    Founding Year

    2013

    Principal Officer

    Melissa Melkonian

    Main Address

    510 EAST 141ST STREET 4TH FLOOR, BRONX, NY, 10454

    NTEE Category

    Code: B29 - Education

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