Civic Intelligence

Rocketship Education

990 • Fiscal year 2013 • EIN 20-4040597

Jul 01, 2012 to Jun 30, 2013 • Filed on May 02, 2014

350 Twin Dolphin DriveRoom/Suite 10994065
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

54th percentile

0.29x

Higher debt load relative to assets than 54% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2013

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2013

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2013

Asset Growth

87th percentile

21%

Faster asset growth than 87% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$15,362,474

Up $2,666,046 (+21%) from 2012

Net Assets

Up

$10,900,798

Up $1,883,063 (+21%) from 2012

Liabilities

Up

$4,461,676

Up $782,983 (+21%) from 2012

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$15,306,211

Up $4,743,374 (+45%) from 2012

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300M$200M$100M$0Assets 2011: $12,127,397Liabilities 2011: $5,733,225Net Assets 2011: $6,394,1722011Assets 2012: $12,696,428Liabilities 2012: $3,678,693Net Assets 2012: $9,017,7352012Assets 2013: $15,362,474Liabilities 2013: $4,461,676Net Assets 2013: $10,900,7982013Assets 2014: $34,855,538Liabilities 2014: $20,708,978Net Assets 2014: $14,146,5602014Assets 2015: $24,286,360Liabilities 2015: $10,317,478Net Assets 2015: $13,968,8822015Assets 2016: $34,089,356Liabilities 2016: $13,483,870Net Assets 2016: $20,605,4862016Assets 2017: $38,324,635Liabilities 2017: $13,695,029Net Assets 2017: $24,629,6062017Assets 2018: $43,045,014Liabilities 2018: $14,028,267Net Assets 2018: $29,016,7472018Assets 2019: $51,425,468Liabilities 2019: $16,061,479Net Assets 2019: $35,363,9892019Assets 2020: $56,664,135Liabilities 2020: $17,932,984Net Assets 2020: $38,731,1512020Assets 2021: $74,871,482Liabilities 2021: $23,893,017Net Assets 2021: $50,978,4652021Assets 2022: $74,996,773Liabilities 2022: $22,037,389Net Assets 2022: $52,959,3842022Assets 2023: $251,235,558Liabilities 2023: $182,992,218Net Assets 2023: $68,243,3402023Assets 2024: $271,375,549Liabilities 2024: $187,943,541Net Assets 2024: $83,432,0082024

Highlighted filing

2013

Assets$15,362,474
Liabilities$4,461,676
Net Assets$10,900,798

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200M$150M$100M$50M$0-$50MRevenue 2011: $12,922,526Expenses 2011: $7,545,732Net Income 2011: $5,376,7942011Revenue 2012: $13,092,650Expenses 2012: $10,562,837Net Income 2012: $2,529,8132012Expenses 2013: $15,306,2112013Revenue 2014: $51,673,472Expenses 2014: $52,834,999Net Income 2014: -$1,161,5272014Revenue 2015: $63,358,795Expenses 2015: $63,415,729Net Income 2015: -$56,9342015Revenue 2016: $82,957,671Expenses 2016: $76,195,779Net Income 2016: $6,761,8922016Revenue 2017: $91,449,291Expenses 2017: $87,624,693Net Income 2017: $3,824,5982017Revenue 2018: $98,757,579Expenses 2018: $94,370,438Net Income 2018: $4,387,1412018Revenue 2019: $109,048,247Expenses 2019: $102,701,005Net Income 2019: $6,347,2422019Revenue 2020: $111,342,099Expenses 2020: $107,974,937Net Income 2020: $3,367,1622020Revenue 2021: $120,667,231Expenses 2021: $108,334,421Net Income 2021: $12,332,8102021Revenue 2022: $138,926,108Expenses 2022: $136,945,189Net Income 2022: $1,980,9192022Revenue 2023: $173,897,710Expenses 2023: $158,613,754Net Income 2023: $15,283,9562023Revenue 2024: $187,005,475Expenses 2024: $171,816,807Net Income 2024: $15,188,6682024

Highlighted filing

2013

Revenue-
Expenses$15,306,211
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2012 to Jun 30, 2013
Signed
May 2, 2014
Return Version
2012v2.3
Gross Receipts
$16,657,831
Mission and Program Overview

Mission

Rocketship education is a national non-profit network of public elementary charter schools serving low-income communities with limited access to excellent schools. 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.

Filing and Contact Details

Filer

EIN
20-4040597
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IRS990/ActivityOrMissionDescription0FOUNDED 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.
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IRS990/LandBldgEquipmentAccumDeprec081200
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IRS990/MembersOrStockholders0false
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IRS990/MissionDescription0FOUNDED 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.
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$271$188$83.4$187$172$15.2
2023Detailed filing. Detailed filing data is available for this year.$251$183$68.2$174$159$15.3
2022Detailed filing. Detailed filing data is available for this year.$75.0$22.0$53.0$139$137$1.98
2021Detailed filing. Detailed filing data is available for this year.$74.9$23.9$51.0$121$108$12.3
2020Detailed filing. Detailed filing data is available for this year.$56.7$17.9$38.7$111$108$3.37
2019Detailed filing. Detailed filing data is available for this year.$51.4$16.1$35.4$109$103$6.35
2018Detailed filing. Detailed filing data is available for this year.$43.0$14.0$29.0$98.8$94.4$4.39
2017Detailed filing. Detailed filing data is available for this year.$38.3$13.7$24.6$91.4$87.6$3.82
2016Detailed filing. Detailed filing data is available for this year.$34.1$13.5$20.6$83.0$76.2$6.76
2015Detailed filing. Detailed filing data is available for this year.$24.3$10.3$14.0$63.4$63.4$0.06
2014Detailed filing. Detailed filing data is available for this year.$34.9$20.7$14.1$51.7$52.8$1.16
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$15.4$4.46$10.9$15.3
2012Summary only. Only limited summary data is available for this year.$12.7$3.68$9.02$13.1$10.6$2.53
2011Summary only. Only limited summary data is available for this year.$12.1$5.73$6.39$12.9$7.55$5.38