2021-05-13T08:21:48-05:00 2020-06-30 410746749 CLIFTONLARSONALLEN LLP 2210 EAST ROUTE 66 GLENDORA CA 91740 990 2019-07-01 900951861 ROCKETSHIP EDUCATION WISCONSIN INC ROCK 8778060920 350 TWIN DOLPHIN DRIVE NO 109 REDWOOD CITY CA 94065 KEYSHA BAILEY CFO 8778060920 2021-05-10 1 WADE MCMULLEN P00541671 6268577300 2021-05-10 2019 2022-09-23 18:48:47Z PRESTON SMITH 350 TWIN DOLPHIN DRIVE NO 109 REDWOOD CITY CA 94065 7068996 0 X HTTPS://WWW.ROCKETSHIPSCHOOLS.ORG X 2012 WI ROCKETSHIP EDUCATION WISCONSIN OPERATES CHARTER SCHOOLS IN LOW-INCOME COMMUNITIES. 7 7 82 32 0 0 6303730 7053831 0 0 0 0 10459 15165 6314189 7068996 0 0 0 0 3399054 3933049 0 0 0 3567511 3828722 6966565 7761771 -652376 -692775 1529784 2065929 3619176 4848096 -2089392 -2782167 X FOUNDED IN 2006, ROCKETSHIP EDUCATION IS A 501 (C)(3) NON-PROFIT CORPORATION WHOSE MISSION IS TO ELIMINATE THE ACHIEVEMENT GAP IN UNDERSERVED COMMUNITIES ACROSS THE COUNTRY. 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 CATALIZING A MOVEMENT TO ELIMINATE THE ACHIEVEMENT GAP IN OUR LIFETIME. 0 0 6652106 15165 ROCKETSHIP EDUCATION WISCONSIN OPERATES ROCKETSHIP EDUCATION PUBLIC SCHOOLS. THESE SCHOOLS SERVE APPROXIMATELY 710 STUDENTS IN THE MILWAUKEE REGION. 6652106 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 82 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 1 0 0 1 0 1 1 0 0 0 1 1 1 1 0 0 1 0 0 X THE ORGANIZATION 8778060920 350 TWIN DOLPHIN DRIVE NO 109 REDWOOD CITY CA 94065 RALPH WEBER BOARD CHAIR 2.00 2.00 X X 0 0 0 TIM SHEEHY MEMBER 2.00 X 0 0 0 KAMILAH WILLIAMS-KEMP MEMBER 2.00 X 0 0 0 EMILY ALWOOD MEMBER 2.00 X 0 0 0 PAUL HICKERSON MEMBER 2.00 X 0 0 0 MARVIN BYNUM II MEMBER 2.00 X 0 0 0 HECTOR COLON MEMBER 2.00 X 0 0 0 PRESTON SMITH CEO 5.00 40.00 X 0 275566 17182 KEYSHA BAILEY CFO 1.00 44.00 X 0 315120 8797 0 590686 25979 0 0 1 0 MILWAUKEE CENTER FOR INDEPENDENCE 2020 WEST WELLS MILWAUKEE WI 53233 STUDENT FOOD SERVICE 412379 PRESENCELEARNING INC PO BOX 743532 LOS ANGELES CA 900743532 SPED CONSULTANTS/ EDUCATION 239255 JUMPSTART TECHNOLOGY 2375 GABRIEL AVENUE MOUNTAIN VIEW CA 94040 IT SERVICE 164959 COOPERATIVE EDUCATIONAL SERVICE AGENCY # N25 W23131 PAUL ROAD SUITE 100 PEWAUKEE WI 53072 SPED CONSULTANTS 129412 4 6725768 328063 7053831 LOCAL REVENUE 611710 15165 15165 15165 7068996 15165 0 0 3138942 3138942 521698 521698 23503 23503 248906 248906 945792 945792 35240 35240 669243 601914 67329 482 482 173115 173115 283391 283391 727450 727450 23847 23847 60822 60822 6372 6372 11891 11891 STUDENT FOOD SERVICES 359717 359717 INSTRUCTIONAL MATERIALS 248778 248778 CAPITAL EXPENSES 89486 89486 PRINTING & POSTAGE 36804 36804 156292 156292 7761771 6652106 1109665 0 836447 1765388 77454 578846 90008 84272 101556 43012 11489 30219 31523 1529784 2065929 326446 144090 537473 3292730 4166533 3619176 4848096 X -2176842 -2782167 87450 0 -2089392 -2782167 1529784 2065929 -692775 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 43012 11489 31523 31523 DEFERRED RENT LIABILITY 52803 RELATED PARTY PAYABLE 4112908 ACCRUED INTEREST 822 4166533 X 7068996 0 7068996 0 7068996 7761771 0 7761771 0 7761771 PART X, LINE 2: REW IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON RELATED EXEMPT-FUNCTION INCOME UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION. REW DOES NOT CONSIDER ANY OF ITS SUPPORT AND REVENUES TO BE UNRELATED BUSINESS INCOME, AND ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 WE INCLUDE THIS INFORMATION IN THE LOTTERY MATERIALS & THE NSLP BID MATERIALS THAT WE PROCESS ANNUALLY. SCHEDULE E, PART I, LINE 4 THE ORGANIZATION DOES NOT PROVIDE ANY SCHOLARSHIPS OR FINANCIAL ASSISTANCE. SCHEDULE E, PART I, LINE 6 AS A PUBLIC CHARTER SCHOOL, ROCKETSHIP EDUCATION WISCONSIN IS ELIGIBLE FOR LOCAL, STATE AND FEDERAL FUNDING FOR ITS EDUCATION PROGRAMS. 0 0 0 0 0 0 0 0 0 PRESTON SMITH CEO 0 275566 0 0 0 0 0 2500 0 14682 0 292748 0 0 KEYSHA BAILEY CFO 0 315120 0 0 0 0 0 2166 0 6631 0 323917 0 0 PART I, LINE 3 THE ORGANIZATION HAS A SERVICE AGREEMENT WITH ROCKETSHIP EDUCATION, RELATED ENTITY, AND THE CEO IS COMPENSATED BY THE RELATED ENTITY. THE METHODS USED BY THE RELATED ENTITY TO ESTABLISH COMPENSATION INCLUDE A WRITTEN EMPLOYMENT CONTRACT, COMPENSATION STUDY, AND APPROVAL BY THE BOARD. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION HAS A SERVICE AGREEMENT WITH ROCKETSHIP EDUCATION, A RELATED ENTITY, WHICH PROVIDES OPERATIONAL AND ADMINISTRATIVE SUPPORT TO THE ORGANIZATION. INCLUDED IN THESE SERVICES PROVIDED ARE DATA, FINANCE,HR, OPERATIONS, RECRUITING AND TECHNOLOGY. FORM 990, PART VI, SECTION A, LINE 6 ROCKETSHIP EDUCATION INC. IS THE SOLE MEMBER OF ROCKETSHIP EDUCATION WISCONSIN. FORM 990, PART VI, SECTION A, LINE 7B THE SOLE MEMBER, ROCKETSHIP EDUCATION INC., SHALL HAVE ALL STATUTORY RIGHTS AS A "MEMBER" OF THE CORPORATION AS DEFINED IN SECTION 181.0103(15) OF THE WISCONSIN STATUTES, INCLUDING, BUT NOT LIMITED TO, THE RIGHTS: (1) TO APPROVE THE DISSOLUTION AND LIQUIDATION OF THE CORPORATION; (2) TO APPROVE ANY PLAN OF MERGER FOR THE CORPORATION OR ANY AMENDMENT TO SUCH PLAN; (3) TO APPROVE THE SALE, LEASE, EXCHANGE, OR OTHER DISPOSITION OF ALL, OR SUBSTANTIALLY ALL, OF THE CORPORATION'S ASSETS; AND (4) TO INSPECT AND COPY ANY CORPORATE RECORDS (INCLUDING BY AN AGENT OR ATTORNEY). FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S OUTSIDE PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE A DRAFT OF THE RETURN IS AVAILABLE, IT IS REVIEWED BY MANAGEMENT WITH ANY CHANGES OR REVISIONS INCORPORATED INTO THE FILING. THE REVISED RETURN IS THEN SUBMITTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL PRIOR TO SUBMITTING TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C MONITORING IS PERFORMED REGULARLY BY THE OFFICERS TO IDENTIFY POTENTIAL CONFLICTS OF INTEREST. ANY QUESTION OF A CONFLICT IS ADDRESSED WITH THE INTERESTED PERSON, WHO IS REQUIRED TO DISCLOSE THE EXISTENCE OF ANY FINANCIAL INTEREST AND BE AFFORDED THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD AND EXECUTIVE DIRECTOR. IF A CONFLICT OF INTEREST IS IDENTIFIED, THE APPROPRIATE ACTION IS TAKEN, INCLUDING LIMITATIONS TO THE INDIVIDUAL'S INFLUENCE ON RELATED BUSINESS MATTERS. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S PAY IS DETERMINED BASED ON DATA PROVIDED BY EXTERNAL CHARTER MANAGEMENT ORGANIZATIONS AND THROUGH COMPARISON STUDIES OF OTHER CHARTER SCHOOLS. THE BOARD MUST VOTE TO APPROVE THE EXECUTIVE DIRECTOR'S COMPENSATION AS A DIRECT ACTION. THE OFFICERS AND KEY EMPLOYEES' PAY IS DETERMINE BASED ON DATA PROVIDED BY EXTERNAL CHARTER MANAGEMENT ORGANIZATIONS AND THROUGH COMPARISON STUDIES OF OTHER CHARTER SCHOOLS. THE BOARD MUST VOTE TO APPROVE THE OFFICERS AND KEY EMPLOYEES' COMPENSATION AS A DIRECT ACTION. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE READILY AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED ITS PROCESS FROM THE PRIOR YEAR. ROCKETSHIP EDUCATION 350 TWIN DOLPHIN DRIVE STE 109 REDWOOD CITY CA 94065 204040597 CHARTER SCHOOL CA 501(C)3 LINE 2 N/A 0 LAUNCHPAD DEVELOPMENT COMPANY 350 TWIN DOLPHIN DRIVE STE 109 REDWOOD CITY CA 94065 271813337 SUPPORTING CA 501(C)3 LINE 12A, I N/A 0 ROCKETSHIP EDUCATION DC PUBLIC 350 TWIN DOLPHIN DRIVE STE 109 REDWOOD CITY CA 94065 473468345 CHARTER SCHOOL DC 501(C)3 LINE 2 N/A 0 0 0 0 0 1 0 0 0 0 0 1 0 1 1 1 0 0 0 0