ROCKETSHIP EDUCATION: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- ROCKETSHIP EDUCATION (EIN 20-4040597)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-05-14
- IRS object ID
- 201421349349308252
- Schema version
- 2012v2.3
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-05-14T18:28:41-05:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VICENTI LLOYD & STUTZMAN | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2210 E ROUTE 66 STE 100 | AddressLine1 |
| City | GLENDORA | City |
| State | CA | State |
| ZIP Code | 917404676 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 204040597 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROCKETSHIP EDUCATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ROCK | NameControl |
| Phone | 8778060920 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 350 TWIN DOLPHIN DRIVE | AddressLine1 |
| Address Line2 | ROOM/SUITE 109 | AddressLine2 |
| City | REDWOOD CITY | City |
| State | CA | State |
| ZIP Code | 94065 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ANDREW STERN | Name |
| Title | CBO | Title |
| Phone | 8778060920 | Phone |
| Date Signed | 2014-05-02 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | WADE MCMULLEN CPA | Name |
| Phone | 6268577300 | Phone |
| Date Prepared | 2014-05-14 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | ANDREW STERN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 350 TWIN DOLPHIN DRIVE SUITE 109 | AddressLine1 |
| City | REDWOOD CITY | City |
| State | CA | State |
| ZIP Code | 94065 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 16657831 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.RSED.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2006 | YearFormation |
| State Legal Domicile | CA | StateLegalDomicile |
| Activity Or Mission Description | 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. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 13 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 13 | NbrIndependentVotingMembers |
| Total Nbr Employees | 235 | TotalNbrEmployees |
| Total Nbr Volunteers | 413 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 10316214 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 13331182 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 2698196 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 3253337 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 67151 | InvestmentIncomePriorYear |
| Investment Income Current Year | 59992 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 11089 | OtherRevenuePriorYear |
| Other Revenue Current Year | 13320 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 13092650 | TotalRevenuePriorYear |
| Total Revenue Current Year | 16657831 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 502546 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 25000 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 6321166 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 9183716 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 3739125 | OtherExpensePriorYear |
| Other Expenses Current Year | 6097495 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 10562837 | TotalExpensesPriorYear |
| Total Expenses Current Year | 15306211 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2529813 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 1351620 | RevenuesLessExpensesCY |
| Total Assets BOY | 12696428 | TotalAssetsBOY |
| Total Assets EOY | 15362474 | TotalAssetsEOY |
| Total Liabilities BOY | 3678693 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 4461676 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 9017735 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 10900798 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | 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. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 11902564 | Expense |
| Revenue | 3266657 | Revenue |
| Description | 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 AND PROVIDES MANAGEMENT AND OPERATIONAL SERVICES TO SIX ADDITIONAL SCHOOLS, SERVING OVER 3,600 STUDENTS. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 25000 | Expense |
| Grants | 25000 | Grants |
| Description | PROVIDES STAFF SUPPORT TO LAUNCHPAD DEVELOPMENT COMPANY. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 25000 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 25000 | TotalOfOtherProgramServiceGrnt |
| Total Program Service Expense | 11927564 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | false | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | true | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 57 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 235 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 13 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 13 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | false | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANDREW STERN | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 8778060920 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 350 TWIN DOLPHIN DR 109 | AddressLine1 |
| City | REDWOOD CITY | City |
| State | CA | State |
| ZIP Code | 94065 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (25 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| G MARCUS COLE | ||||||||
| BOARD PRESID | 1.00 | X | X | 0 | 0 | 0 | ||
| ALEX TERMAN | ||||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| SHAWN CAROLAN | ||||||||
| MEMBER (2/13 | 1.00 | X | 0 | 0 | 0 | |||
| ALEX HERNANDEZ | ||||||||
| BOARD SECRET | 1.00 | X | X | 0 | 0 | 0 | ||
| FRED FERRER | ||||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| KIM SMITH | ||||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| ERIC SCROGGINS | ||||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| ERIC RESNICK | ||||||||
| MEMBER (5/13 | 1.00 | X | 0 | 0 | 0 | |||
| TIMOTHY SHEEHY | ||||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| TIM RANZETTA | ||||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| DEBORAH MCGRIFF | ||||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| JEFF WETZLER | ||||||||
| MEMBER (2/13 | 1.00 | X | 0 | 0 | 0 | |||
| JOHN ROSENBERG | ||||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| ALAN CRITES | ||||||||
| BOARD TREASU | 1.00 | X | X | 0 | 0 | 0 | ||
| LOUIS JORDAN | ||||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| JENNIFER NILES | ||||||||
| MEMBER | 1.00 | X | 0 | 0 | 0 | |||
| ANDREW STERN | ||||||||
| CBO | 40.00 | X | 189361 | 0 | 23234 | |||
| PRESTON SMITH | ||||||||
| CEO AND PRES | 40.00 | X | 180308 | 0 | 22452 | |||
| JOHN DANNER | ||||||||
| CEO (2/13) | 40.00 | X | 159707 | 0 | 2141 | |||
| AYLON SAMOUHA | ||||||||
| CHIEF SCHOOL | 40.00 | 227036 | 0 | 6026 | X | |||
| LAURA KOZEL | ||||||||
| V.P. FACILIT | 40.00 | 154066 | 60941 | 21202 | X | |||
| MELISSA MCGONEGLE | ||||||||
| VP BAY AREA | 40.00 | 164306 | 0 | 10835 | X | |||
| RICH BILLINGS | ||||||||
| V.P. REGION | 40.00 | 157871 | 0 | 10936 | X | |||
| MARICELA GUERRERO | ||||||||
| PRINCIPAL OF | 40.00 | 130656 | 0 | 24478 | X | |||
| KATE COXON | ||||||||
| SR DIR INDIV | 40.00 | 127800 | 0 | 10019 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 1491111 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 60941 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 131323 | TotalOtherCompensation |
| Number Individuals GT100 K | 18 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | Address Line2AddressOfContractor/AddressUS/AddressLine2 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|---|
| LOG(N) LLC | ||||||
| 565 COMMERCIAL ST | SUITE 200 | SAN FRANCISCO | CA | 94111 | TECHNOLOGY CONS | 403382 |
| REVOLUTION FOODS INC | ||||||
| PO BOX 742759 | LOS ANGELES | CA | 900742759 | FOOD SERVICE | 257268 | |
| JUMPSTART TECHNOLOGY INC | ||||||
| 2375 GABRIEL AVENUE | MOUNTAIN VIEW | CA | 94040 | IT | 176585 | |
| PERMIAN BUILDERS INC | ||||||
| 4125 CLIPPER COURT | FREMONT | CA | 94538 | CONSTRUCTION | 149547 | |
| LARSON COMMUNICATIONS | ||||||
| 1725 PIERCE STREET | SAN FRANCISCO | CA | 94115 | COMMUNICATION S | 120000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
| Government Grants | 7284826 | GovernmentGrants |
| All Other Contributions | 6046356 | AllOtherContributions |
| Total Contributions | 13331182 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | SUPPORT SERVICES | Description |
| Total Revenue Column | 3253337 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3253337 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 3253337 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 59992 | TotalRevenueColumn |
| Exclusion | $59,992 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|
| FOOD SERVICE SALES | 6886 | 6886 |
| UNIFORM SALES | 6434 | 6434 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 13320 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 16657831 | TotalRevenueColumn |
| Related Or Exempt Function Income | 3266657 | RelatedOrExemptFunctionIncome |
| Exclusion | $59,992 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25000 | Total |
| Program Services | 25000 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 743544 | Total |
| Program Services | 131092 | ProgramServices |
| Management And General | 612452 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7069753 | Total |
| Program Services | 5719010 | ProgramServices |
| Management And General | 1350743 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 200789 | Total |
| Program Services | 174762 | ProgramServices |
| Management And General | 26027 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 735228 | Total |
| Program Services | 632219 | ProgramServices |
| Management And General | 103009 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 434402 | Total |
| Program Services | 306489 | ProgramServices |
| Management And General | 127913 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 230244 | Total |
| Program Services | 13680 | ProgramServices |
| Management And General | 216564 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 152981 | Total |
| Management And General | 152981 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1312505 | Total |
| Program Services | 1112596 | ProgramServices |
| Management And General | 199909 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 13360 | Total |
| Program Services | 12350 | ProgramServices |
| Management And General | 1010 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 245001 | Total |
| Program Services | 175809 | ProgramServices |
| Management And General | 69192 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 636572 | Total |
| Program Services | 461746 | ProgramServices |
| Management And General | 174826 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1183255 | Total |
| Program Services | 1070477 | ProgramServices |
| Management And General | 112778 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 510890 | Total |
| Program Services | 418259 | ProgramServices |
| Management And General | 92631 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 36990 | Total |
| Program Services | 30810 | ProgramServices |
| Management And General | 6180 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 57570 | Total |
| Program Services | 57517 | ProgramServices |
| Management And General | 53 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 16843 | Total |
| Program Services | 16843 | ProgramServices |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27207 | Total |
| Management And General | 27207 | ManagementAndGeneral |
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| BOOKS AND SUPPLIES | 886285 | 806596 | 79689 |
| OTHER MISCELLANEOUS EXPEN | 787792 | 762309 | 25483 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 15306211 | Total |
| Program Services | 11927564 | ProgramServices |
| Management And General | 3378647 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5032808 | BOY |
| EOY | 8889871 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 210228 | BOY |
| EOY | 527127 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 915965 | BOY |
| EOY | 1296451 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5591408 | BOY |
| EOY | 2939608 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 125373 | BOY |
| EOY | 852174 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 411895 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 81200 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2994 | BOY |
| EOY | 330695 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 316527 | BOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 501125 | BOY |
| EOY | 526548 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12696428 | BOY |
| EOY | 15362474 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1028693 | BOY |
| EOY | 1611676 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 1625000 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2650000 | BOY |
| EOY | 1225000 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3678693 | BOY |
| EOY | 4461676 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7457902 | BOY |
| EOY | 8506077 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1559833 | BOY |
| EOY | 2394721 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9017735 | BOY |
| EOY | 10900798 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12696428 | BOY |
| EOY | 15362474 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 1351620 | ReconcilationRevenueExpenses |
| Reconcilation Donated Services | 531443 | ReconcilationDonatedServices |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 344544 | OtherCostOrOtherBasis |
| Depreciation | 15346 | Depreciation |
| Book Value | 329198 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 67351 | OtherCostOrOtherBasis |
| Depreciation | 65854 | Depreciation |
| Book Value | 1497 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 330695 | TotalOfBookValueLandBuildings |
| Tot Revenue Etc Audited Fincl Stmt | 17722821 | TotRevenueEtcAuditedFinclStmt |
| Donated Srvc And Use Of Facilities | 1064990 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | 1064990 | RevenueNotRptdF990 |
| Revenue Subtotal | 16657831 | RevenueSubtotal |
| Total Revenue Per Form990 | 16657831 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 15839758 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 533547 | DonatedServicesUseOfFacilities |
| Expenses Not Rptd F990 | 533547 | ExpensesNotRptdF990 |
| Expenses Subtotal | 15306211 | ExpensesSubtotal |
| Total Expenses Per Form990 | 15306211 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | LIABILITY UNDER FIN 48 FOOTNOTE | Identifier |
| Return Reference | SCHEDULE D, PAGE 3, PART X | ReturnReference |
| Explanation | 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 THIS ENTITY. 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. | Explanation |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | false | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | true | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| PUBLICATION OF NONDISCRIMINATORY POLICY IN MEDIA EXPLANATION | SCHEDULE E LINE 3 | WE INCLUDE THIS INFORMATION IN THE LOTTERY MATERIALS THE NSLP BID MATERIALS THAT WE PROCESS ANNUALLY |
| LACK OF RECORDS EXPLANATION | SCHEDULE E LINE 4 | ORGANIZATION DOES NOT PROVIDE ANY SCHOLARSHIPS OR FINANCIAL ASSISTANCE |
| FINANCIAL AID OR GOVERNMENT ASSISTANCE EXPLANATION | 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 |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAUNCHPAD DEVELOPMENT CO | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 350 TWIN DOLPHINS DRIVE NO 109 | AddressLine1 |
| City | REDWOOD CITY | City |
| State | CA | State |
| ZIP Code | 94065 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN Of Recipient | 271813337 | EINOfRecipient |
| IRC Section | 501C3 | IRCSection |
| Amount Of Non Cash Assistance | 25000 | AmountOfNonCashAssistance |
| Method Of Valuation | FMV | MethodOfValuation |
| Description Of Non Cash Assistance | STAFF SUPPORT | DescriptionOfNonCashAssistance |
| Purpose Of Grant | STAFF SUPPORT | PurposeOfGrant |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 1 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS INSIDE THE UNITED STATES | Identifier |
| Return Reference | SCHEDULE I, PAGE 1, PART I, LINE 2 | ReturnReference |
| Explanation | 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. THEREFORE, THERE ARE NO APPLICABLE GRANT MONITORING PROCEDURES TO REPORT. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | true | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (8 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Deferred Comp Filing OrgDeferredCompFilingOrg | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Total Compensation Filing OrgTotalCompensationFilingOrg | Bonus Filing OrgBonusFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Related OrgsTotalCompensationRelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|
| ANDREW STERN | |||||||||
| CBO | 189361 | 1031 | 22203 | 212595 | |||||
| PRESTON SMITH | |||||||||
| CEO AND PRESIDENT | 159588 | 4897 | 17555 | 202760 | 20720 | ||||
| JOHN DANNER | |||||||||
| CEO (213) | 139707 | 2141 | 161848 | 20000 | |||||
| AYLON SAMOUHA | |||||||||
| CHIEF SCHOOLS OFFICE | 217036 | 6026 | 233062 | 10000 | |||||
| LAURA KOZEL | |||||||||
| VP FACILITIES | 154066 | 3656 | 8206 | 165928 | 60941 | 1884 | 7456 | 70281 | |
| MELISSA MCGONEGLE | |||||||||
| VP BAY AREA | 144306 | 3960 | 6875 | 175141 | 20000 | ||||
| RICH BILLINGS | |||||||||
| VP REGION START UP | 137651 | 4130 | 6806 | 168807 | 20220 | ||||
| MARICELA GUERRERO | |||||||||
| PRINCIPAL OF RMS | 110256 | 9323 | 15155 | 155134 | 20400 | ||||
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | NON-FIXED PAYMENTS PROVIDED | Identifier |
| Return Reference | SCHEDULE J, PAGE 1, PART I, LINE 7 | ReturnReference |
| Explanation | PERFORMANCE BONUSES ARE BASED ON THE EMPLOYEE'S ATTAINMENT OF ESTABLISHED OBJECTIVES TO BE DETERMINED AND AGREED UPON BY THE CEO OR BOARD, AS APPROPRIATE. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| ORGANIZATION'S MISSION | 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. |
| ALL OTHER ACCOMPLISHMENT DESCRIPTION | FORM 990, PAGE 2, PART III, LINE 4D | PROVIDES STAFF SUPPORT TO LAUNCHPAD DEVELOPMENT COMPANY. |
| ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 | FORM 990, PAGE 6, PART VI, LINE 11B | ROCKETSHIP'S BUSINESS COMITTEE OVERSAW THE PREPARATION OF THE INFORMATION NEEDED TO PREPARE THE 990 AND THEY WILL REVIEW THE FORM 990; ROCKETSHIP'S FULL BOARD WILL APPORVE IT BEFORE SUBMISSION TO THE IRS. |
| ENFORCEMENT OF CONFLICTS POLICY | 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 |
| COMPENSATION PROCESS FOR TOP OFFICIAL | 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. |
| GOVERNING DOCUMENTS DISCLOSURE EXPLANATION | 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. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (7 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCKETSHIP TWO ELEMENTARY SCHOOL | ||||||||||
| 350 TWIN DOLPHIN DRIVE 109 | REDWOOD CITY | CA | 94065 | 264265786 | CHARTER SC | CA | 501C3 | 2 | NA | false |
| ROCKETSHIP THREE ELEMENTARY SCHOOL | ||||||||||
| 350 TWIN DOLPHIN DRIVE 109 | REDWOOD CITY | CA | 94065 | 270886530 | CHARTER SC | CA | 501C3 | 2 | NA | false |
| ROCKETSHIP FOUR ELEMENTARY | ||||||||||
| 350 TWIN DOLPHIN DRIVE 109 | REDWOOD CITY | CA | 94065 | 272833994 | CHARTER SC | CA | 501C3 | 2 | NA | false |
| ROCKETSHIP FIVE ELEMENTARY | ||||||||||
| 350 TWIN DOLPHIN DRIVE 109 | REDWOOD CITY | CA | 94065 | 272834024 | CHARTER SC | CA | 501C3 | 2 | NA | false |
| 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 SEVEN ELEMENTARY | ||||||||||
| 350 TWIN DOLPHIN DRIVE 109 | REDWOOD CITY | CA | 94065 | 453127299 | CHARTER SC | CA | 501C3 | 2 | NA | false |
Form990 Schedule R Part III Form990ScheduleRPartIII (12 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Disproportionate AllocationsDisproportionateAllocations | General Or Managing PartnerGeneralOrManagingPartner |
|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
Form990 Schedule R Part IV Form990ScheduleRPartIV (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Type Of EntityTypeOfEntity | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|
| ROCKETSHIP EIGHT ELEMENTARY SCHOOL | |||||||||
| 350 TWIN DOLPHIN DRIVE 109 | REDWOOD CITY | CA | 94065 | 453127406 | CHARTER SC | CA | ROCKETSHIP | C CORP | false |
| ROCKETSHIP EIGHT ELEMENTARY SCHOOL | |||||||||
| 350 TWIN DOLPHIN DRIVE 109 | REDWOOD CITY | CA | 94065 | 453127406 | CHARTER SC | CA | ROCKETSHIP | C CORP | false |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | true | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | true | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | false | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | true | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | true | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | true | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
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