Civic Intelligence

Rocketship Education

990 • Fiscal year 2016 • EIN 20-4040597

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 10, 2017

Organization ProfileWWW.RSED.ORG

View Organization Page

350 Twin Dolphin Drive 109Redwood City, CA 94065

(877) 806-0920

Siviq Scores

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

Liabilities / Assets

59th percentile

0.40x

Higher debt load relative to assets than 59% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Liabilities / Revenue

25th percentile

0.16x

Higher debt load relative to revenue than 25% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Net Margin

68th percentile

8.2%

Higher net margin than 68% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Top Officer Pay

38th percentile

$282,881

Higher top officer pay than 38% of similar nonprofits.

Top officer pay equals 0.3% of source-year revenue.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Asset Growth

95th percentile

40%

Faster asset growth than 95% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2015 to 2016

Revenue Growth

90th percentile

31%

Faster revenue growth than 90% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$34,089,356

Up $9,802,996 (+40%) from 2015

Net Assets

Up

$20,605,486

Up $6,636,604 (+48%) from 2015

Liabilities

Up

$13,483,870

Up $3,166,392 (+31%) from 2015

Revenue And Expenses
Liabilities / Revenue25th percentileNet Margin68th percentile

Revenue

Up

$82,957,671

Up $19,598,876 (+31%) from 2015

Expenses

Up

$76,195,779

Up $12,780,050 (+20%) from 2015

Net Income

Up

$6,761,892

Up $6,818,826 (+11977%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth95th percentile

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

2016

Assets$34,089,356
Liabilities$13,483,870
Net Assets$20,605,486
Open 2016 Filing

Operations Trend

Revenue Growth90th percentile

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

2016

Revenue$82,957,671
Expenses$76,195,779
Net Income$6,761,892
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 10, 2017
Return Version
2015v3.0
Gross Receipts
$82,957,671
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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$9,871,659$13,349,261▲ $3,477,602
Accounts Receivable$6,858,242$7,791,464▲ $933,222
Land, Buildings, and Equipment, Net$3,590,083$5,363,093▲ $1,773,010
Other Notes and Loans Receivable, Net$1,500,000$4,546,491▲ $3,046,491
Prepaid Expenses and Deferred Charges$784,821$2,129,394▲ $1,344,573
Pledges and Grants Receivable$501,764$297,594▼ $204,170
Investments in Publicly Traded Securities$249,350--
Savings and Temporary Cash Investments$530,441$212,059▼ $318,382
Total Assets$24,286,360$34,089,356▲ $9,802,996
Other Assets Total$400,000$400,000→ $0
Liabilities
Accounts Payable and Accrued Expenses$4,117,047$5,497,502▲ $1,380,455
Other Liabilities$3,477,252$4,144,368▲ $667,116
Mortgage Notes Payable Secured by Investment Property$2,352,807$2,500,028▲ $147,221
Deferred Revenue$370,372$1,341,972▲ $971,600
Total Liabilities$10,317,478$13,483,870▲ $3,166,392
Net Assets / Fund Balance
Unrestricted Net Assets$13,480,415$20,311,189▲ $6,830,774
Temporarily Rstr Net Assets$488,467$294,297▼ $194,170
Total Net Assets Fund Balance$13,968,882$20,605,486▲ $6,636,604
Total Liabilities and Net Assets / Fund Balance$24,286,360$34,089,356▲ $9,802,996

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,204,164$359,203$4,563,367
Other Land Buildings$606,723$251,056$857,779
Equipment$552,206$158,644$710,850
Compensation and Service Providers
Top Officer Pay38th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Andrew SternCBOFT$261,785$21,096$282,881
Preston SmithCEO and PresFT$220,370$20,028$240,398
Preston SmithCEO and President-$220,370$20,028$240,398
Laura KozelCPOFT$208,304$20,999$229,303
David KuizengaV.p. FacilitFT$194,046$15,680$209,726
David KuizengaV.p. Facilities-$194,046$15,680$209,726
Margaret DieselV.p. Bay AreFT$182,463$15,680$198,143
Margaret DieselV.p. Bay Area-$182,463$15,680$198,143
Adam NadeauControllerFT$161,244$21,096$182,340
-VP AchievemeFT$157,215$6,018$163,233
-VP Achievement-$157,215$6,018$163,233

Board Members and Trustees

NameTitle
Fred FerrerPresident
Alan CritesBoard Treasu
Alex HernandezMember
Alex TermanMember
David KavalMember
Deborah McgriffMember
Greg StangerMember
Joey SloterMember
Louis JordanMember
Ralph WeberMember
Raymond RavenMember
Arra YerganianSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Revolution Foods INCFood ServicePO BOX 742759, Los Angeles, CA 90074-2759$3,267,313
YmcaAfter School80 SARATOGA AVENUE, Santa Clara, CA 95051$1,662,458
Jumpstart Technology INCIt2375 GABRIEL AVENUE, Mountain View, CA 94040$991,896
Swenson & AssociatesContractor581 DIVISION STREET, Campbell, CA 95008$851,533
Student Transit LLCStudent TranspoONE SODREL DRIVE, Jeffersonville, IN 47130$344,151
Revenue and Support

Revenue Composition

Contributions and Grants
$80,326,936
Program Service Revenue
$0
Investment Income
$94,575
Other Revenue
$2,536,160
All Other Contributions
$5,373,267
Change in Net Assets
$6,761,892

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded2$1,255,895-
Other Non Cash Contri Table1$139,510Cost
Total Noncash Contributions3$1,395,405-

Audited Revenue Reconciliation

Revenue per Audited Statements
$82,957,671
Revenue Not Reported on Form 990
$958,540
Total Revenue per Audited Statements
$83,916,211
Total Revenue per Form 990
$82,957,671
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$41,702,356
Other Expenses$34,468,423
Total Fundraising Expense$117,175
Grants and Similar Amounts Paid$25,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$30,659,285$2,651,912$75,954$33,387,151
Occupancy$13,295,877$192,587-$13,488,464
Fees for Services Other$4,090,238$550,899$5,424$4,646,561
Other Employee Benefits$3,899,091$202,765$8,096$4,109,952
Pension Plan Contributions$1,993,934$45,342$2,049$2,041,325
Office Expenses$1,898,899$126,320$2,006$2,027,225
Other Expenses$1,966,604$15,434$480$1,982,518
Information Technology$1,299,761$378,616$11,842$1,690,219
Payroll Taxes$1,475,253$174,518$5,509$1,655,280
Travel$732,202$182,883$3,107$918,192
Current Officers, Directors, Trustees, and Key Employees-$508,648-$508,648
Fees for Services Accounting-$237,505-$237,505
Fees for Services Legal-$221,954-$221,954
Advertising$171,191$28,703-$199,894
Depreciation Depletion$161,849$37,250-$199,099
Insurance$126,843$34,834-$161,677
Fees for Services Lobbying$156,000--$156,000
Interest$32,566$46,835-$79,401
Conferences and Meetings$42,405$7,400-$49,805
Grants to Domestic Orgs$25,000--$25,000
Total Functional Expenses$70,206,888$5,871,716$117,175$76,195,779

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$77,279,607
Expenses per Audited Statements$76,195,779
Total Expenses per Form 990$76,195,779
Expenses Not Reported on Form 990$1,083,828
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Launchpad Development CoRedwood City, CA501c3Staff Support-
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Rent Liability$3,395,172
Payable to Rocketship Dc$600,000
Accrued Interest$149,196
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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 and cbo 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.”

Filing and Contact Details

Filer

Filer Name
Rocketship Education
EIN
20-4040597
Phone
8778060920
Address
350 TWIN DOLPHIN DRIVE 109, REDWOOD CITY, CA 94065

Signing Officer

Name
Andrew Stern
Title
CBO
Phone
8778060920
Signed
2017-02-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Andrew Stern
Formed
2006
Legal Domicile
CA
Voting Board Members
12
Independent Board Members
12
Employees
950
Volunteers
1,212

Preparer

Firm
Vicenti Lloyd & Stutzman
Address
2210 E ROUTE 66 STE 100, GLENDORA, CA 91740-4676
Preparer
Wade Mcmullen CPA
Phone
6268577300
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S 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.”

Form 990, Page 2, Part III, Line 4D

“Provides staff and other support to launchpad development company.”

Financial Statement Notes

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.”

Raw XML AppendixShowing 400 of 740 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt04117047
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt05497502
IRS990/AccountsReceivableGrp/BOYAmt06858242
IRS990/AccountsReceivableGrp/EOYAmt07791464
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0ROCKETSHIP 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.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt028703
IRS990/AdvertisingGrp/ProgramServicesAmt0171191
IRS990/AdvertisingGrp/TotalAmt0199894
IRS990/AllOtherContributionsAmt05373267
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0ANDREW STERN
IRS990/BooksInCareOfDetail/PhoneNum08778060920
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0350 TWIN DOLPHIN DR 109
IRS990/BooksInCareOfDetail/USAddress/CityNm0REDWOOD CITY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd094065
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt09871659
IRS990/CashNonInterestBearingGrp/EOYAmt013349261
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt026
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0508648
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0508648
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt07400
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt042405
IRS990/ConferencesMeetingsGrp/TotalAmt049805
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/ContractorCompensationGrp/CompensationAmt03267313
IRS990/ContractorCompensationGrp/CompensationAmt11662458
IRS990/ContractorCompensationGrp/CompensationAmt2991896
IRS990/ContractorCompensationGrp/CompensationAmt3851533
IRS990/ContractorCompensationGrp/CompensationAmt4344151
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0PO BOX 742759
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt180 SARATOGA AVENUE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt22375 GABRIEL AVENUE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt3581 DIVISION STREET
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt4ONE SODREL DRIVE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0LOS ANGELES
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1SANTA CLARA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2MOUNTAIN VIEW
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3CAMPBELL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm4JEFFERSONVILLE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd4IN
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd0900742759
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd195051
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd294040
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd395008
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd447130
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0REVOLUTION FOODS INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1YMCA
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2JUMPSTART TECHNOLOGY INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3SWENSON & ASSOCIATES
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt4STUDENT TRANSIT LLC
IRS990/ContractorCompensationGrp/ServicesDesc0FOOD SERVICE
IRS990/ContractorCompensationGrp/ServicesDesc1AFTER SCHOOL
IRS990/ContractorCompensationGrp/ServicesDesc2IT
IRS990/ContractorCompensationGrp/ServicesDesc3CONTRACTOR
IRS990/ContractorCompensationGrp/ServicesDesc4STUDENT TRANSPO
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt080326936
IRS990/CYGrantsAndSimilarPaidAmt025000
IRS990/CYInvestmentIncomeAmt094575
IRS990/CYOtherExpensesAmt034468423
IRS990/CYOtherRevenueAmt02536160
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt06761892
IRS990/CYSalariesCompEmpBnftPaidAmt041702356
IRS990/CYTotalExpensesAmt076195779
IRS990/CYTotalFundraisingExpenseAmt0117175
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt082957671
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0true
IRS990/DeferredRevenueGrp/BOYAmt0370372
IRS990/DeferredRevenueGrp/EOYAmt01341972
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt037250
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0161849
IRS990/DepreciationDepletionGrp/TotalAmt0199099
IRS990/Desc0ROCKETSHIP EDUCATION MANAGES, OPERATES, AND PROMOTES A NETWORK OF PUBLIC ELEMENTARY CHARTER SCHOOLS SERVING HIGH NEED 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, ROCKETSHIP SPARK ACADEMY, ROCKETSHIP FUERZA COMMUNITY PREP, ROCKETSHIP NASHVILLE NORTHEAST ELEMENTARY, ROCKETSHIP REDWOOD CITY PREP, ROCKETSHIP RISING STARS, ROCKETSHIP FUTURO ACADEMY, AND ROCKETSHIP UNITED ACADEMY. ROCKETSHIP SERVES OVER 6,300 STUDENTS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonatedServicesAndUseFcltsAmt0-125288
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt0950
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt070181888
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0237505
IRS990/FeesForServicesAccountingGrp/TotalAmt0237505
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0221954
IRS990/FeesForServicesLegalGrp/TotalAmt0221954
IRS990/FeesForServicesLobbyingGrp/ProgramServicesAmt0156000
IRS990/FeesForServicesLobbyingGrp/TotalAmt0156000
IRS990/FeesForServicesOtherGrp/FundraisingAmt05424
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0550899
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt04090238
IRS990/FeesForServicesOtherGrp/TotalAmt04646561
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1840.00
IRS990/Form990PartVIISectionAGrp/BusinessName/BusinessNameLine1Txt0LYNN LIAO
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1221096
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1320028
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1420999
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1515680
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1615680
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1721096
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt186018
IRS990/Form990PartVIISectionAGrp/PersonNm0ALAN CRITES
IRS990/Form990PartVIISectionAGrp/PersonNm1ALEX HERNANDEZ
IRS990/Form990PartVIISectionAGrp/PersonNm2ALEX TERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm3DEBORAH MCGRIFF
IRS990/Form990PartVIISectionAGrp/PersonNm4FRED FERRER
IRS990/Form990PartVIISectionAGrp/PersonNm5LOUIS JORDAN
IRS990/Form990PartVIISectionAGrp/PersonNm6RAYMOND RAVEN
IRS990/Form990PartVIISectionAGrp/PersonNm7GREG STANGER
IRS990/Form990PartVIISectionAGrp/PersonNm8ARRA YERGANIAN
IRS990/Form990PartVIISectionAGrp/PersonNm9RALPH WEBER
IRS990/Form990PartVIISectionAGrp/PersonNm10JOEY SLOTER
IRS990/Form990PartVIISectionAGrp/PersonNm11DAVID KAVAL
IRS990/Form990PartVIISectionAGrp/PersonNm12ANDREW STERN
IRS990/Form990PartVIISectionAGrp/PersonNm13PRESTON SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm14LAURA KOZEL
IRS990/Form990PartVIISectionAGrp/PersonNm15DAVID KUIZENGA
IRS990/Form990PartVIISectionAGrp/PersonNm16MARGARET DIESEL
IRS990/Form990PartVIISectionAGrp/PersonNm17ADAM NADEAU
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12261785
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt13220370
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14208304
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15194046
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16182463
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17161244
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18157215
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD TREASU
IRS990/Form990PartVIISectionAGrp/TitleTxt1MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12CBO
IRS990/Form990PartVIISectionAGrp/TitleTxt13CEO AND PRES
IRS990/Form990PartVIISectionAGrp/TitleTxt14CPO
IRS990/Form990PartVIISectionAGrp/TitleTxt15V.P. FACILIT
IRS990/Form990PartVIISectionAGrp/TitleTxt16V.P. BAY ARE
IRS990/Form990PartVIISectionAGrp/TitleTxt17CONTROLLER
IRS990/Form990PartVIISectionAGrp/TitleTxt18VP ACHIEVEME
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02006
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GovernmentGrantsAmt074953669
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt025000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt025000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt082957671
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt042
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt011842
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0378616
IRS990/InformationTechnologyGrp/ProgramServicesAmt01299761
IRS990/InformationTechnologyGrp/TotalAmt01690219
IRS990/InsuranceGrp/ManagementAndGeneralAmt034834
IRS990/InsuranceGrp/ProgramServicesAmt0126843
IRS990/InsuranceGrp/TotalAmt0161677
IRS990/InterestGrp/ManagementAndGeneralAmt046835
IRS990/InterestGrp/ProgramServicesAmt032566
IRS990/InterestGrp/TotalAmt079401
IRS990/InvestmentIncomeGrp/ExclusionAmt094575
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt094575
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0249350
IRS990/IRPDocumentCnt0187
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0768903
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03590083
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05363093
IRS990/LandBldgEquipCostOrOtherBssAmt06131996
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0true
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt027679
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt027679
IRS990/MissionDesc0ROCKETSHIP 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.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02352807
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt02500028
IRS990/NetAssetsOrFundBalancesBOYAmt013968882
IRS990/NetAssetsOrFundBalancesEOYAmt020605486
IRS990/NoncashContributionsAmt01395405
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0192587
IRS990/OccupancyGrp/ProgramServicesAmt013295877
IRS990/OccupancyGrp/TotalAmt013488464
IRS990/OfficeExpensesGrp/FundraisingAmt02006
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0126320
IRS990/OfficeExpensesGrp/ProgramServicesAmt01898899
IRS990/OfficeExpensesGrp/TotalAmt02027225
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0400000
IRS990/OtherAssetsTotalGrp/EOYAmt0400000
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt08096
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0202765
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt03899091
IRS990/OtherEmployeeBenefitsGrp/TotalAmt04109952
IRS990/OtherExpensesGrp/Desc0BOOKS AND SUPPLIES
IRS990/OtherExpensesGrp/Desc1STUDENT FOOD SERVICES
IRS990/OtherExpensesGrp/Desc2OTHER EXPENSES
IRS990/OtherExpensesGrp/FundraisingAmt02708
IRS990/OtherExpensesGrp/FundraisingAmt1480
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0227311
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt115434
IRS990/OtherExpensesGrp/ProgramServicesAmt03979328
IRS990/OtherExpensesGrp/ProgramServicesAmt14200562
IRS990/OtherExpensesGrp/ProgramServicesAmt21966604
IRS990/OtherExpensesGrp/TotalAmt04209347
IRS990/OtherExpensesGrp/TotalAmt14200562
IRS990/OtherExpensesGrp/TotalAmt21982518
IRS990/OtherLiabilitiesGrp/BOYAmt03477252
IRS990/OtherLiabilitiesGrp/EOYAmt04144368
IRS990/OtherRevenueMiscGrp/Desc0MANAGEMENT FEE
IRS990/OtherRevenueMiscGrp/Desc1FOOD SERVICE SALES
IRS990/OtherRevenueMiscGrp/Desc2UNIFORM SALES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02216308
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1235267
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt256906
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02216308
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1235267
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt256906
IRS990/OtherRevenueTotalAmt02536160
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt075954
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt02651912
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt030659285
IRS990/OtherSalariesAndWagesGrp/TotalAmt033387151
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01500000
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt04546491
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt05509
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0174518
IRS990/PayrollTaxesGrp/ProgramServicesAmt01475253
IRS990/PayrollTaxesGrp/TotalAmt01655280
IRS990/PensionPlanContributionsGrp/FundraisingAmt02049
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt045342
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01993934
IRS990/PensionPlanContributionsGrp/TotalAmt02041325
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0501764
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0297594
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0784821
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02129394
IRS990/PrincipalOfficerNm0ANDREW STERN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActyOtherGrp/Desc0PROVIDES STAFF AND OTHER SUPPORT TO LAUNCHPAD DEVELOPMENT COMPANY.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt025000
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt025000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt061753653
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt030000
IRS990/PYInvestmentIncomeAmt050385
IRS990/PYOtherExpensesAmt029588300
IRS990/PYOtherRevenueAmt01554757
IRS990/PYRevenuesLessExpensesAmt0-56934

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$34,089,356
Liabilities
$13,483,870
Net assets
$20,605,486
Revenue
$82,957,671
Expenses
$76,195,779
Net income
$6,761,892
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