2015-05-13T08:59:12-05:00 2014-06-30 952242818 VICENTI LLOYD & STUTZMAN 2210 E ROUTE 66 STE 100 GLENDORA CA 917404676 990 2013-07-01 204040597 ROCKETSHIP EDUCATION ROCK 8778060920 350 TWIN DOLPHIN DRIVE ROOM/SUITE 109 REDWOOD CITY CA 94065 ANDREW STERN CBO 8778060920 2015-04-21 true WADE MCMULLEN CPA P00541671 6268577300 2015-05-11 2013 2016-04-25 22:37:26Z ANDREW STERN 350 TWIN DOLPHIN DRIVE SUITE 109 REDWOOD CITY CA 94065 51673472 false X WWW.RSED.ORG X 2006 CA FOUNDED IN 2006, ROCKETSHIP EDUCATION (WWW.RSED.ORG), A NON-PROFIT CORPORATION, IS BUILDING A NATIONAL NETWORK OF PUBLIC ELEMENTARY CHARTER SCHOOLS. ROCKETSHIP'S MISSION IS TO ELIMINATE THE ACHIEVEMENT GAP IN PUBLIC EDUCATION BY CREATING A NETWORK OF K-5 ELEMENTARY CHARTER SCHOOLS IN HIGH NEED NEIGHBORHOODS IN MAJOR CITIES IN THE UNITED STATES OVER THE NEXT DECADE. EACH ROCKETSHIP SCHOOL OPERATES IN AN ACADEMICALLY UNDERSERVED COMMUNITY, WITH A CLEAR AND SIMPLE GOAL: THAT ITS STUDENTS ACHIEVE GRADE LEVEL PROFICIENCY BY THE TIME THEY GRADUATE FROM ELEMENTARY SCHOOL. ROCKETSHIP FOCUSES ON ITS THREE PILLARS TO ENSURE THE SUCCESS OF ALL OF ITS SCHOOLS: EXCELLENT TEACHERS AND LEADERS, PERSONALIZED LEARNING, AND ENGAGED PARENTS. ROCKETSHIP HAS PIONEERED A TRANSFORMATIVE INSTRUCTIONAL MODEL THAT COMBINES CLASSROOM TEACHING WITH TUTORS AND TECHNOLOGY TO MEET EACH STUDENT WITH THE RIGHT LESSON AT THE RIGHT TIME. 12 12 833 1012 0 13331182 50948420 3253337 0 59992 31815 13320 693237 16657831 51673472 25000 1125000 0 9183716 28115544 0 0 6097495 23594455 15306211 52834999 1351620 -1161527 15362474 34855538 4461676 20708978 10900798 14146560 X FOUNDED IN 2006, ROCKETSHIP EDUCATION (WWW.RSED.ORG), A NON-PROFIT CORPORATION, IS BUILDING A NATIONAL NETWORK OF PUBLIC ELEMENTARY CHARTER SCHOOLS. ROCKETSHIP'S MISSION IS TO ELIMINATE THE ACHIEVEMENT GAP IN PUBLIC EDUCATION BY CREATING A NETWORK OF K-5 ELEMENTARY CHARTER SCHOOLS IN HIGH NEED NEIGHBORHOODS IN MAJOR CITIES IN THE UNITED STATES OVER THE NEXT DECADE. EACH ROCKETSHIP SCHOOL OPERATES IN AN ACADEMICALLY UNDERSERVED COMMUNITY, WITH A CLEAR AND SIMPLE GOAL: THAT ITS STUDENTS ACHIEVE GRADE LEVEL PROFICIENCY BY THE TIME THEY GRADUATE FROM ELEMENTARY SCHOOL. ROCKETSHIP FOCUSES ON ITS THREE PILLARS TO ENSURE THE SUCCESS OF ALL OF ITS SCHOOLS: EXCELLENT TEACHERS AND LEADERS, PERSONALIZED LEARNING, AND ENGAGED PARENTS. ROCKETSHIP HAS PIONEERED A TRANSFORMATIVE INSTRUCTIONAL MODEL THAT COMBINES CLASSROOM TEACHING WITH TUTORS AND TECHNOLOGY TO MEET EACH STUDENT WITH THE RIGHT LESSON AT THE RIGHT TIME. false false 47857630 693237 ROCKETSHIP EDUCATION MANAGES, OPERATES, AND PROMOTES A NETWORK OF PUBLIC ELEMENTARY CHARTER SCHOOLS SERVING PRIMARILY LOW-INCOME STUDENTS IN ACADEMICALLY UNDERSERVED COMMUNITIES. ROCKETSHIP EDUCATION DIRECTLY OPERATES ROCKETSHIP MATEO SHEEDY ELEMENTARY, ROCKETSHIP SI SE PUEDE ACADEMY, ROCKETSHIP LOS SUENOS ACADEMY, ROCKETSHIP MOSAIC ELEMENTARY, ROCKETSHIP DISCOVERY PREP, ROCKETSHIP BRILLIANT MINDS, ROCKETSHIP ALMA ACADEMY, AND ROCKETSHIP SPARK ACADEMY. ROCKETSHIP SERVES OVER 4,500 STUDENTS. 1125000 1125000 PROVIDES STAFF AND OTHER SUPPORT TO LAUNCHPAD DEVELOPMENT COMPANY AND ROCKETSHIP EDUCATION WISCONSIN WHICH OPERATES A PUBLIC CHARTER SCHOOL IN MILWAUKEE,WISCONSIN. 1125000 1125000 48982630 true true false true false false false false false false true false false false true true false true true false false false false false false false false true false true false false false false false false false false false false false false false true false false false true 102 0 true 833 true false false false false false false false false false false X 12 12 false false false false false false false true true false false true true true true true true true false false X ANDREW STERN 8778060920 350 TWIN DOLPHIN DR 109 REDWOOD CITY CA 94065 G MARCUS COLE BOARD PRESID 1.00 X X 0 0 0 ALAN CRITES BOARD TREASU 1.00 X X 0 0 0 ALEX HERNANDEZ BOARD SECRET 1.00 X X 0 0 0 ALEX TERMAN MEMBER 1.00 X 0 0 0 DEBORAH MCGRIFF MEMBER 1.00 X 0 0 0 ERIC SCROGGINS MEMBER 1.00 X 0 0 0 FRED FERRER MEMBER 1.00 X 0 0 0 JENNIFER NILES MEMBER 1.00 X 0 0 0 KIM SMITH MEMBER 1.00 X 0 0 0 LOUIS JORDAN MEMBER 1.00 X 0 0 0 TIMOTHY SHEEHY MEMBER 1.00 X 0 0 0 GREG STANGER MEMBER 1.00 X 0 0 0 ANDREW STERN CBO 40.00 X 266732 0 16647 PRESTON SMITH CEO AND PRES 40.00 X 168291 0 15638 KATE MEHR CSO 8/13 40.00 X 209681 0 2500 LYNN LIAO CPO 40.00 X 208353 0 15263 LAURA KOZEL V.P. FACILIT 40.00 X 189069 0 14086 KRISTOFFER HAINES SR.VP GROWTH 40.00 X 156089 0 6266 MARGARET DIESEL CONTROLLER 40.00 X 150316 0 16308 1348531 86708 38 false true false REVOLUTION FOODS INC PO BOX 742759 LOS ANGELES CA 900742759 FOOD SERVICE 2317282 ROBERT A BOTHMAN INC 650 QUINN AVE SAN JOSE CA 95112 CONTRACTOR 906089 YMCA 80 SARATOGA AVENUE SANTA CLARA CA 95051 AFTER SCHOOL 557550 JUMPSTART TECHNOLOGY INC 2375 GABRIEL AVENUE MOUNTAIN VIEW CA 94040 IT 551836 ONE WORKPLACE PO POX 49138 SAN JOSE CA 95161 CONSTRUCTION 368345 17 43367223 7581197 50948420 31815 31815 CORPORATE SCHOOL SERVICE FEE 336853 336853 FOOD SERVICE SALES 162949 162949 OTHER REVENUE 100000 100000 93435 93435 693237 51673472 693237 31815 1125000 1125000 459904 459904 23081832 21343500 1738332 1128750 1087337 41413 2362400 2208939 153461 1082658 939949 142709 204372 204372 216496 216496 61000 61000 3590650 3441500 149150 17734 13414 4320 1143697 1032302 111395 1202897 985587 217310 8991787 8923862 67925 635974 491934 144040 79314 61280 18034 97775 77158 20617 168753 139648 29105 122553 115189 7364 STUDENT FOOD SERVICES 3099600 3099600 BOOKS AND SUPPLIES 2547557 2484787 62770 OTHER EXPENSES 1414296 1350644 63652 52834999 48982630 3852369 0 8889871 15138570 527127 527359 1296451 1293716 2939608 12744429 650000 852174 1354471 2657090 360097 330695 2296993 526548 850000 15362474 34855538 1611676 3802851 1625000 622884 1225000 14460295 1822948 4461676 20708978 X 8506077 12879464 2394721 1267096 10900798 14146560 15362474 34855538 -1161527 -121694 4528983 X false true X true true true X 5696516 11260600 10316214 13331182 50948420 91552932 5696516 11260600 10316214 13331182 50948420 91552932 6694466 84858466 6347 33200 67151 59992 31815 198505 91751437 795182 0.92490 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true false false false false true 89610 false false 89610 false 2176345 96357 2079988 114134 85889 28245 366611 177851 188760 2296993 DEFERRED RENT LIABILITY 1822948 1822948 X 52968542 1295070 1295070 51673472 51673472 54251763 1416764 1416764 52834999 52834999 SCHEDULE D, PAGE 3, PART X ROCKETSHIP EDUCATION IS EXEMPT FROM THE PAYMENT OF INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701D. ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES RELATED TO THESE ENTITIES. MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS ARE MORE LIKELY THAN NOT (>50%) OF BEING SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION; THEREFORE, NO DISCLOSURES OF UNCERTAIN INCOME TAX POSITIONS ARE REQUIRED. THE ORGANIZATION FILES ALL APPROPRIATE TAX RETURNS IN THE U.S. FEDERAL JURISDICTION, AND THE STATE OF CALIFORNIA. true true true true false true true false false false false false false false false true false true SCHEDULE E, LINE 3 WE INCLUDE THIS INFORMATION IN THE LOTTERY MATERIALS & THE NSLP BID MATERIALS THAT WE PROCESS ANNUALLY. SCHEDULE E, LINE 4 ORGANIZATION DOES NOT PROVIDE ANY SCHOLARSHIPS OR FINANCIAL ASSISTANCE. SCHEDULE E, LINE 6 AS A PUBLIC CHARTER SCHOOL, ROCKETSHIP RECEIVES A PER ADA FEE FROM THE CALIFORNIA DEPARTMENT OF EDUCATION FOR EVERY PUPIL ATTENDING THE SCHOOL. ADDITIONALLY, ROCKETSHIP IS ELIGIBLE FOR LOCAL, STATE, AND FEDERAL PROGRAMS ADDRESSING OUR STUDENT POPULATION. true LAUNCHPAD DEVELOPMENT CO 350 TWIN DOLPHINS DRIVE NO 109 REDWOOD CITY CA 94065 271813337 501C3 25000 FMV STAFF SUPPORT STAFF SUPPORT ROCKETSHIP EDUCATION WISCONSIN 350 TWIN DOLPHINS DRIVE NO 109 REDWOOD CITY CA 94065 900951861 501C3 1100000 FMV SUPPORT 2 SCHEDULE I, PAGE 1, PART I, LINE 2 LAUNCHPAD DEVELOPMENT COMPANY IS A SUPPORTING ORGANIZATION OF ROCKETSHIP EDUCATION. THE AMOUNT REPORTED AS A GRANT IN PART II REPRESENTS THE VALUE OF FINANCE STAFF SUPPORT PROVIDED. ADDITIONALLY, ROCKETSHIP EDUCATION WISCONSIN OPERATES A PUBLIC CHARTER SCHOOL IN MILWAUKEE, WI. THE GRANT MADE WAS AN UNRESTRICTED CONTRIBUTION TO SUPPORT THE SCHOOL IN ITS FIRST YEAR OF OPERATIONS.THEREFORE, THERE ARE NO APPLICABLE GRANT MONITORING PROCEDURES TO REPORT. X false false false false false false false false false ANDREW STERN CBO 266732 2500 14147 283379 PRESTON SMITH CEO AND PRESIDENT 168291 2500 13138 183929 KATE MEHR CSO 8/13 209681 2500 212181 LYNN LIAO CPO 208353 2500 12763 223616 LAURA KOZEL V.P. FACILITIES 189069 2500 11586 203155 KRISTOFFER HAINES SR.VP GROWTH & DEVEL 156089 6266 162355 MARGARET DIESEL CONTROLLER 150316 2500 13808 166624 FORM 990 - ORGANIZATION'S MISSION FOUNDED IN 2006, ROCKETSHIP EDUCATION (WWW.RSED.ORG), A NON-PROFIT CORPORATION, IS BUILDING A NATIONAL NETWORK OF PUBLIC ELEMENTARY CHARTER SCHOOLS. ROCKETSHIP'S MISSION IS TO ELIMINATE THE ACHIEVEMENT GAP IN PUBLIC EDUCATION BY CREATING A NETWORK OF K-5 ELEMENTARY CHARTER SCHOOLS IN HIGH NEED NEIGHBORHOODS IN MAJOR CITIES IN THE UNITED STATES OVER THE NEXT DECADE. EACH ROCKETSHIP SCHOOL OPERATES IN AN ACADEMICALLY UNDERSERVED COMMUNITY, WITH A CLEAR AND SIMPLE GOAL: THAT ITS STUDENTS ACHIEVE GRADE LEVEL PROFICIENCY BY THE TIME THEY GRADUATE FROM ELEMENTARY SCHOOL. ROCKETSHIP FOCUSES ON ITS THREE PILLARS TO ENSURE THE SUCCESS OF ALL OF ITS SCHOOLS: EXCELLENT TEACHERS AND LEADERS, PERSONALIZED LEARNING, AND ENGAGED PARENTS. ROCKETSHIP HAS PIONEERED A TRANSFORMATIVE INSTRUCTIONAL MODEL THAT COMBINES CLASSROOM TEACHING WITH TUTORS AND TECHNOLOGY TO MEET EACH STUDENT WITH THE RIGHT LESSON AT THE RIGHT TIME. FORM 990, PAGE 2, PART III, LINE 4D PROVIDES STAFF AND OTHER SUPPORT TO LAUNCHPAD DEVELOPMENT COMPANY AND ROCKETSHIP EDUCATION WISCONSIN WHICH OPERATES A PUBLIC CHARTER SCHOOL IN MILWAUKEE,WISCONSIN. FORM 990, PAGE 6, PART VI, LINE 11B ROCKETSHIP'S BOARD REVIEWS THE COMPLETED FORM. FORM 990, PAGE 6, PART VI, LINE 12C ALL DESIGNATED EMPLOYEES MUST FILE CONFLICT OF INTEREST DISCLSOURES BY APRIL 1ST OF EACH YEAR. CONFLICT OF INTEREST DISCLOSURE STATEMENTS ARE THEN FORWARDED TO THE COUNTY BOARD OF SUPERVISORS. CONFLICTS ARE REVIEWED AND DETERMINED BY ROCKETSHIP'S BOARD OF DIRECTORS. DESIGNATED EMPLOYEES INCLUDE EMPLOYEES OF ROCKETSHIP AND CA PUBLIC CHARTER SCHOOLS IT OPERATES FORM 990, PAGE 6, PART VI, LINE 15A FOR THE CEO, CBO, AND CSO, ROCKETSHIP RECEIVED COMPENSATION DATA FOR COMPARABLE ORGANIZATIONS FROM TWO INDUSTRY SOURCES. THESE SOURCES WERE CONSULTED IN MAKING COMPENSATION DECISIONS THROUGHOUT THE YEAR. FORM 990, PAGE 6, PART VI, LINE 19 OUR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND BOARD FINANCIAL REPORTS ARE AVAILABLE UPON REQUEST. OUR ANNUAL AUDITED FINANCIAL STATEMENTS ARE POSTED ON OUR WEBSITE. FORM 990, PART XI, LINE 9 ROCKETSHIP TWO NET ASSETS TRANSFER 1,173,523 ROCKETSHIP THREE NET ASSETS TRANSFER 1,104,010 ROCKETSHIP FOUR NET ASSETS TRANSFER 463,794 ROCKETSHIP FIVE NET ASSETS TRANSFER 601,037 ROCKETSHIP SIX NET ASSETS TRANSFER 378,624 ROCKETSHIP SEVEN NET ASSETS TRANSFER 758,887 TRANSFER DEFICIT TO ROCKETSHIP EDUCATION WISCONSIN 49,108 LAUNCHPAD DEVELOPMENT COMPANY 350 TWIN DOLPHIN DRIVE 109 REDWOOD CITY CA 94065 271813337 CHARTER SC CA 501C3 11A NA false ROCKETSHIP SIX ELEMENTARY 350 TWIN DOLPHIN DRIVE 109 REDWOOD CITY CA 94065 452649820 CHARTER SC CA 501C3 2 NA false ROCKETSHIP EDUCATION WISCONSIN 350 TWIN DOLPHIN DRIVE 109 REDWOOD CITY CA 94065 900951861 CHARTER SC WI 501C3 2 NA false LAUNCHPAD ADMINISTRATIVE MEMBER LL 350 TWIN DOLPHIN DRIVE 109 REDWOOD CITY CA 94065 352415766 NMTC STRUC DE NA false false LCI SUB-CDE I LLC 350 TWIN DOLPHIN DRIVE 109 REDWOOD CITY CA 94065 900736017 NMTC STRUC DE NA false false LCI SUB-CDE II LLC 350 TWIN DOLPHIN DRIVE 109 REDWOOD CITY CA 94065 900736105 NMTC STRUC DE NA false false LCI SUB-CDE IIILLC 350 TWIN DOLPHIN DRIVE 109 REDWOOD CITY CA 94065 800735638 NMTC STRUC DE NA false false LCI SUB-CDE IV LLC 350 TWIN DOLPHIN DRIVE 109 REDWOOD CITY CA 94065 900736224 NMTC STRUC DE NA false false LAUNCHPAD COMMUNITY INITIATIVES LLC 350 TWIN DOLPHIN DRIVE 109 REDWOOD CITY CA 94065 383844885 NMTC STRUC DE NA false false false true false true false false false false false false true true false true false false false false false