Schools of Dreams Inc.
Charitable organization · Hamilton, Ontario · BN 757750898RR0001 · Support of Schools and Education
Source: T3010 return, FPE 2024-08-31. Split of total expenditures ($102,285) as filed with the CRA.
Schools of Dreams Inc. is a charitable organization based in Hamilton, Ontario, classified by the CRA under support of schools and education. In its fiscal year ending August 31, 2024, it reported $51K in revenue and $102K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 95% from donations. In 2024, 3 other registered charities reported granting it a combined $1,310.
Compared with 3,624 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 13% of peers. Its fundraising cost per donated dollar was lower than 78% of that peer group.
Revenue has declined over its filings on record here, from $82K in 2020 to $51K in 2024. Its filed list of directors and trustees shows 4 names.
In its own words
Schools of dreams transforms the lives of young children and their communities by building safe sustainable learning environments in rural ghana
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $51K | $102K | $46K | $3,083 | — | $126K |
| 2023 | $114K | $107K | $78K | $2,871 | — | $177K |
| 2022 | $75K | $52K | $34K | $4,613 | — | $170K |
| 2021 | $88K | $39K | $19K | — | — | $144K |
| 2020 | $82K | $22K | $8,148 | $5,284 | — | $95K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $1,310 from 3 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Luke Fillion (secretary); Shayna Stevenson (director); Barbara Anie (president); Aaron Fierling (vice president).
As listed on its 2024 return.
Check the source
Every figure on this page is from Schools of Dreams Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 757750898RR0001), or read how we compute the receipt.