2023-05-12T15:32:01+00:00 2022-06-30 571157523 APRIO LLP 111 ROCKVILLE PIKE SUITE 600 ROCKVILLE MD 20850 990 2021-07-01 473468345 ROCKETSHIP EDUCATION DC PUBLIC CHARTER SCHOOL INC ROCK 2026272256 350 TWIN DOLPHIN DR 109 REDWOOD CITY CA 94065 Matthew Shaw CFO, RSED 2023-05-12 true MATTHEW SHAW 999009999 STACY CULLEN P00974308 3012316200 2021 2023-04-26 12:10:37Z Matthew Shaw 350 TWIN DOLPHIN DR 109 REDWOOD CITY CA 94065 41166107 false X www.rocketshipschools.org X 2014 DC A PUBLIC CHARTER SCHOOL WORKING TO ELIMINATE THE ACHIEVEMENT GAP IN PUBLIC EDUCATION. 11 11 243 11 0 0 8185337 11401918 27786119 29761716 999 2473 0 35972455 41166107 0 0 11395778 14788047 0 0 23702114 28209245 35097892 42997292 874563 -1831185 9274221 10515344 11139534 14211842 -1865313 -3696498 ROCKETSHIP EDUCATION DC PUBLIC CHARTER SCHOOL IS A NON-PROFIT CORPORATION WHOSE MISSION IS TO ELIMINATE THE ACHIEVEMENT GAP BY BUILDING A SCALABLE AND SUSTAINABLE SCHOOL MODEL THAT PROPELS STUDENT ACHIEVEMENT IN UNDERSERVED COMMUNITIES. THE CORE OF ROCKETSHIP'S INSTRUCTIONAL MODEL IS A TEACHER-LED, TECHNOLOGY SUPPORTED APPROACH TO PERSONALIZED LEARNING THAT MATCHES EACH STUDENT WITH THE RIGHT CONTENT AT THE RIGHT TIME UTILIZING THE RIGHT METHOD OF INSTRUCTION. BY DEEPLY ENGAGING PARENTS IN THEIR STUDENT'S LEARNING AND THE SCHOOL COMMUNITY, ROCKETSHIP DEVELOPS PARENTS WHO BECOME LIFELONG ADVOCATES FOR THEIR CHILDREN AND THEIR COMMUNITY. WORKING ALONGSIDE PARENTS, COMMUNITY ORGANIZATIONS, DISTRICTS, AND OTHER CHARTER SCHOOLS, ROCKETSHIP IS CATALYZING A MOVEMENT TO ELIMINATE THE ACHIEVEMENT GAP IN OUR LIFETIME. false false 37221501 29761716 ROCKETSHIP DC RISE ACADEMY, A PUBLIC ELEMENTARY CHARTER SCHOOL AT 2335 RAYNOLDS PLACE SE IN WARD 8, AND ROCKETSHIP LEGACY PREP, LOCATED AT 4250 MASSACHUSETTS AVE SE, CONTINUED TO HAVE STRONG ENROLLMENT SERVING MORE STUDENTS AND FAMILIES. ROCKETSHIP PREPARED IN FY2020-21, AND THEN SUCCESSFULLY OPENED ITS THIRD SCHOOL, ROCKETSHIP INFINITY COMMUNITY PREP, IN AUG 2021. ROCKETSHIP WAS ALSO ABLE TO QUICKLY MOVE TO FULLY SERVE STUDENTS AND FAMILIES IN A DISTANCE LEARNING MODEL IN SPRING 2021 WITH STUDENTS HAVING 1:1 ACCESS TO REMOTE TECHNOLOGY, DISTANCE LEARNING CURRICULUM, AND FAMILY SUPPORTS. 37221501 true true false false false false false false false true false false false true true true true true false false false false false false false false false false true false false false false false false false false false false false false true true false false false true 22 0 true 243 true false false false false false false false false false false false false X 11 11 false true false false false false false true true false false true true true true true true false false false X MATTHEW SHAW 2026272256 350 TWIN DOLPHIN DR 109 REDWOOD CITY CA 94065 Joey Sloter Chair 2.0 X X 0 0 0 Justin Bakewell Board Treasurer 2.0 X X 0 0 0 Melissa Martin Board Secretary 2.0 X X 0 0 0 Barry Rosenthal Member 2.0 X 0 0 0 Kamuzu Saunders Member 2.0 X 0 0 0 Matt Aaron Member 2.0 X 0 0 0 Rahman Branch Member 2.0 X 0 0 0 Rashida Tyler Member 2.0 X 0 0 0 Rena Johnson Member 2.0 X 0 0 0 Rose Waller Member 2.0 X 0 0 0 Zakiya Reid Member 2.0 X 0 0 0 Keysha Bailey CFO (Until 7/2021) 40.0 X 204406 0 7853 MATTHEW SHAW CHIEF FINANCIAL OFFICER 40.0 X 60402 0 0 Preston Smith CEO 40.0 X 293518 0 15207 Candice Bobo DC Executive Director 40.0 X 183918 0 7614 Carolyn Lynch VP Operations 40.0 X 211222 0 16113 Christopher Murphy Chief Communications Officer 40.0 X 214548 0 14692 Joyanna Smith DC Regional Director 40.0 X 170220 0 2909 Yunglynn Liao Chief Talent Officer 40.0 X 250282 0 21753 1588516 0 86141 18 false true false Sterling Speech Associates LLC 2509 North Capitol Street NE Washington DC 20002 SPED Consultants 666569 1 10755038 646880 11401918 PER PUPIL FUNDING 611600 23802459 23802459 FACILITIES ALLOWANCE 611600 5292624 5292624 OTHER STUDENT FEES 611600 666633 666633 0 0 0 0 29761716 2473 2473 0 0 0 0 0 0 0 0 0 41166107 29761716 0 2473 X 951882 951882 11322954 11322954 113065 113065 1439369 1439369 960777 960777 4699107 4699107 242 242 56306 56306 8638733 8638733 0 0 787514 787514 117950 117950 9489909 9489909 86276 86276 40678 40678 DIRECT STUDENT COSTS 3330868 3330868 OTHER OPERATING EXPENSE 559239 559239 ADMINISTRATIVE FEE 390491 390491 PAYROLL PROCESSING FEES 11932 11932 0 0 0 0 42997292 37221501 5775791 0 7856440 3058094 2607545 1122871 4753153 0 0 0 0 271041 73978 37220 14646 23869 22574 0 0 0 0 9274221 10515344 1716408 2044445 0 0 0 9423126 12167397 11139534 14211842 X -1865313 -3696498 -1865313 -3696498 9274221 10515344 -1831185 0 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 37220 14646 22574 22574 PAYABLE TO ROCKETSHIP EDUCATION 4184973 Deferred rent 7982424 12167397 X 41166107 0 0 41166107 0 0 41166107 42997292 0 0 42997292 0 0 42997292 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The School evaluates uncertainty in income tax positions taken or expected to be taken on a tax return based on a more-likelythan-not recognition standard. If that threshold is met, the tax position is then measured at the largest amount that is greater than 50% likely of being realized upon ultimate settlement. As of June 30, 2022 and 2021, there are no accruals for uncertain tax positions. If applicable, the School records interest and penalties as a component of income tax expense. Tax years from 2019 through the current year remain open for examination by tax authorities. true true true true false true true false false false false false false false false false false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY WE INCLUDE THIS INFORMATION IN THE LOTTERY MATERIALS & THE NSLP BID MATERIALS THAT WE PROCESS ANNUALLY. Schedule E, Part I, Line 4(d) RECORDS AND COPIES MAINTAINED BY THE ORGANIZATION THE ORGANIZATION DOES NOT PROVIDE ANY SCHOLARSHIPS OR FINANCIAL ASSISTANCE. false false false false false false false false false Preston Smith CEO 293518 0 0 0 0 0 2500 0 12707 0 308725 0 0 0 Keysha Bailey CFO (Until 7/2021) 204406 0 0 0 0 0 2500 0 5353 0 212259 0 0 0 Yunglynn Liao Chief Talent Officer 250282 0 0 0 0 0 2500 0 19253 0 272035 0 0 0 Christopher Murphy Chief Communications Officer 214548 0 0 0 0 0 2500 0 12192 0 229240 0 0 0 Carolyn Lynch VP Operations 211222 0 0 0 0 0 2500 0 13613 0 227335 0 0 0 Candice Bobo DC Executive Director 183918 0 0 0 0 0 0 0 7614 0 191532 0 0 0 Joyanna Smith DC Regional Director 170220 0 0 0 0 0 2500 0 409 0 173129 0 0 0 Schedule J, Part I, Line 3 THE SCHOOL IS MANAGED BY ROCKETSHIP EDUCATION, AND AS SUCH PROVIDES COMPENSATION SURVEYS AND AN INDEPENDENT COMPENSATION COMMITTEE TO DETERMINE EXECUTIVE LEVEL SERVICES TO THE SCHOOL. ROCKETSHIP EDUCATION USES THE CEO'S COMPENSATION PACKAGE. Form 990, Part VI, Line 3 Delegation of management duties THE ORGANIZATION HAS A SERVICE AGREEMENT WITH ROCKETSHIP EDUCATION, A RELATED ENTITY, WHICH PROVIDES OPERATIONAL AND ADMINISTRATIVE SUPPORT TO ORGANIZATION. INCLUDED IN THESE SERVICES PROVIDED ARE DATA, FINANCE, HR, OPERATIONS, RECRUITING AND TECHNOLOGY. Form 990, Part VI, Line 11b Review of form 990 by governing body FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT AND PROVIDED TO BOARD MEMBERS BEFORE FILING WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy THE OFFICERS, DIRECTORS, AND TRUSTEES ALL SIGN THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. Form 990, Part VI, Line 19 Required documents available to the public THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND THE FINANCIAL STATEMENTS ARE READILY AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part IX, Line 11g Other Fees Contracted Instruction Fees - Total Expense: 8638733, Program Service Expense: 8638733, Management and General Expenses: , Fundraising Expenses: ; Launchpad Development One DC LLC 350 Twin Dolphin Drive suite 109 Redwood City CA 94065 271813337 Real Estate DE 0 0 Launchpad Development Company Launchpad Development Two DC LLC 350 Twin Dolphin Drive Suite 109 Redwood City CA 94065 271813337 Real Estate DE 0 0 Launchpad Development Company LAUNCHPAD DEVELOPMENT THREE DC LLC 350 TWIN DOLPHIN DRIVE SUITE 109 REDWOOD CITY CA 94065 271813337 REAL ESTATE DE 0 0 LAUNCHPAD DEVELOPMENT COMPANY Rocketship Education 350 Twin Dolphin Drive Suite 109 Redwood City CA 94065 204040597 Chapter SC CA 501(c)(3) 2 NA false Launchpad Development Company 351 Twin Dolphin Drive Suite 110 Redwood City CA 94065 271813337 SUPPORTING CA 501(c)(3) Type I Rocketship Education false Rocketship Education Wisconsin Inc 352 Twin Dolphin Drive Suite 111 Redwood City CA 94065 900951861 Chapter SC WI 501(c)(3) 2 NA false false false false false false false false false false false true false true false true false false false false