BROOKLYN DREAMS CHARTER SCHOOL (EIN 320301505) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2011

Legal Domicile

Phone

6162221700

Tax Period

2024-07-01 to 2025-06-30

BROOKLYN DREAMS CHARTER SCHOOL, founded in 2011, is a mid-sized nonprofit in the Education sector that reported $13.1M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year.

Mission

TO OPERATE A PUBLIC CHARTER SCHOOL WHICH PROVIDES EDUCATION BASED ON RIGOROUS TEACHING METHODS, PARENTAL INVOLVEMENT, STUDENT RESPONSIBILITY, AND BASIC MORAL VALUES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $10,892,200

Program Service Revenue $2,140,822

Investment Income $0

Other Revenue $70,000

TOTAL REVENUE $13,103,022

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,034,109

Fundraising Expenses $0

Program Expenses $12,416,077

Other Expenses $6,005,507

TOTAL EXPENSES $13,039,616

Year-over-Year Comparison

	2024	2023	Change
Revenue	$13,103,022	$13,944,594	-0.1%
Expenses	$13,039,616	$13,945,079	-0.1%
Net Income	$63,406	$-485	-131.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✓ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL LEIT	TREASURER	1.0	Officer Director	$0	$0	$0
MICHELE SCOTTO	VICE PRESIDENT	1.0	Officer Director	$0	$0	$0
ORPHEUS WILLIAMS	PRESIDENT	1.0	Officer Director	$0	$0	$0
TAMARA CHARLES	SECRETARY	1.0	Officer Director	$0	$0	$0
JOANNE OPLUSTIL	TRUSTEE	1.0	Director	$0	$0	$0
KATHERINE O'NEILL	TRUSTEE	1.0	Director	$0	$0	$0
MICHELE MORAIS-WEEKES	TRUSTEE	1.0	Director	$0	$0	$0
TROY MATTILA	TRUSTEE	1.0	Director	$0	$0	$0
ZACHARY MARSHALL-CARTER	TRUSTEE	1.0	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$13,103,022	$13,039,616	$654,882	$63,406
2024	$13,944,594	$13,945,079	$837,917	$-485
2023	$13,127,873	$13,222,266	$959,795	$-94,393
2022	$13,318,060	$13,068,426	$765,340	$249,634
2021	$12,734,633	$12,711,703	$845,636	$22,930
2020	$11,910,637	$11,864,542	$568,385	$46,095
2019	$11,149,162	$11,139,714	$297,268	$9,448
2018	$11,025,625	$11,014,671	$501,680	$10,954

BROOKLYN DREAMS CHARTER SCHOOL