Liabilities / Assets
19th percentile
Tied with the lowest-debt nonprofits in its peer group.
EIN 20-5015970 • 501(c)3 • Toledo, OH
Profile
To identify, facilitate, stimulate and support commercial activity that is aligned with the university's vision and mission and the community's interests.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
19th percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
20th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
1st percentile
Higher net margin than 1% of similar nonprofits.
Top Officer Pay
85th percentile
Higher top officer pay than 85% of similar nonprofits.
Top officer pay equals 2808.4% of source-year revenue.
Asset Growth
32nd percentile
Faster asset growth than 32% of similar nonprofits.
Revenue Growth
92nd percentile
Faster revenue growth than 92% of similar nonprofits.
Assets
Down$2,181,947
Down $48,974 (-2.2%) from 2024
Liabilities
Down$0
Down $133 (-100%) from 2024
Net Assets
Down$2,181,947
Down $48,841 (-2.2%) from 2024
Revenue
Up$5,775
Up $3,059 (+113%) from 2024
Expenses
Down$88,966
Down $21,847 (-20%) from 2024
Net Income
Up-$83,191
Up $24,906 (+23%) from 2024
Most recent year
2025 • Form 990Detailed filing. Detailed filing data is available for this year.
To identify, facilitate, stimulate and support commercial activity that is aligned with the university's vision and mission and the community's interests.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments Program Related | $2,011,173 | $2,010,535 | ▼ $638 |
| Cash and Non-Interest-Bearing Accounts | $219,748 | $171,412 | ▼ $48,336 |
| Total Assets | $2,230,921 | $2,181,947 | ▼ $48,974 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $133 | $0 | ▼ $133 |
| Total Liabilities | $133 | $0 | ▼ $133 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $2,230,788 | $2,181,947 | ▼ $48,841 |
| Total Net Assets Fund Balance | $2,230,788 | $2,181,947 | ▼ $48,841 |
| Total Liabilities and Net Assets / Fund Balance | $2,230,921 | $2,181,947 | ▼ $48,974 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Investment Program Related Org | $418,000 | - | - |
| Name | Title | Base | Other | Total |
|---|---|---|---|---|
| Norman Rapino | Executive Director | $24,646 | $137,540 | $24,646 |
| Name | Title |
|---|---|
| Anne Balazs | Chairman of the Board |
| Marna Ramnath | Director |
| William Mccreary | Vice Pres , CIO & CTO |
| Frank Calzonetti | Vice Pres of Research |
| Line Item | Amount |
|---|---|
| Other Expenses | $56,199 |
| Salaries, Compensation, and Employee Benefits | $32,767 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Fees for Services Management | - | $41,130 | - | $41,130 |
| Current Officers, Directors, Trustees, and Key Employees | - | $24,646 | - | $24,646 |
| Other Employee Benefits | - | $8,121 | - | $8,121 |
| Fees for Services Accounting | - | $4,450 | - | $4,450 |
| Occupancy | - | $4,350 | - | $4,350 |
| Insurance | - | $2,182 | - | $2,182 |
| Office Expenses | - | $210 | - | $210 |
| Other Expenses | $3,677 | $200 | - | $200 |
| Total Functional Expenses | $3,677 | $85,289 | $0 | $88,966 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“The 990 and all schedules are reviewed by and independent accounting firm before submission. The rocket innovations treasurer or executive director reviews and signs the final form 990 on behalf of the board of directors, as stated in the amended and restated code of regulations. "the executive director shall be the chief executive officer of the corporation. The executive director supervises the business and affairs of the corporation and shall perform such other duties as the board may assign from time to time."”
“At every board meeting the board members are reminded that if they have a conflict of interest they are requested to abstain from any deliberations and vote. Also, every other year the board members are trained by ohio ethics commission, which includes discussion of conflict of interest.”
“All compensation of ut employees follow strict guidelines as a public institution. Rocket innovations has no employees, as the executive director is a ut employee and his salary is a sharing of paid employees related organization transaction.”
“All policies and financial statements are available to the public upon request.”
“Rocket innovations has no employees, as the executive director is a ut employee and his salary is a sharing of paid employees related organization transaction.”
“The 990 and all schedules are reviewed by and independent accounting firm before submission. The rocket innovations treasurer or executive director reviews and signs the final form 990 on behalf of the board of directors, as stated in the amended and restated code of regulations. "the executive director shall be the chief executive officer of the corporation. The executive director supervises the business and affairs of the corporation and shall perform such other duties as the board may assign from time to time."”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 133 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 0 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | TO IDENTIFY, FACILITATE, STIMULATE AND SUPPORT COMMERCIAL ACTIVITY THAT IS ALIGNED WITH THE UNIVERSITY'S VISION AND MISSION AND THE COMMUNITY'S INTERESTS. |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | FREDERICK HASENFUS |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 4195308789 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2801 W BANCROFT ST - MS 964 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | TOLEDO |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | OH |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 43606 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 219748 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 171412 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 24646 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 24646 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 1 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 823 |
| IRS990/CYOtherExpensesAmt | 0 | 56199 |
| IRS990/CYOtherRevenueAmt | 0 | 2736 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 2216 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -83191 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 32767 |
| IRS990/CYTotalExpensesAmt | 0 | 88966 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 5775 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | K-1 ROCKET VENTURES FUND PORTFOLIO |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DoingBusinessAsName/BusinessNameLine1Txt | 0 | ROCKET INNOVATIONS |
| IRS990/DonatedServicesAndUseFcltsAmt | 0 | 34350 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 3677 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditPerformedInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 1 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 4450 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 4450 |
| IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt | 0 | 41130 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 41130 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 8121 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | NORMAN RAPINO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | ANNE BALAZS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | FRANK CALZONETTI |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | WILLIAM MCCREARY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | MARNA RAMNATH |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 24646 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 129419 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | EXECUTIVE DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | CHAIRMAN OF THE BOARD |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | VICE PRES OF RESEARCH |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | VICE PRES , CIO & CTO |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 0 |
| IRS990/FormationYr | 0 | 2006 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 5 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 5775 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 2182 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 2182 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 823 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 823 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 2011173 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 2010535 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | OH |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingCashInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO IDENTIFY, FACILITATE, STIMULATE AND SUPPORT COMMERCIAL ACTIVITY THAT IS ALIGNED WITH THE UNIVERSITY'S VISION AND MISSION AND THE COMMUNITY'S INTERESTS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 2230788 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 2181947 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 2230788 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 2181947 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 4350 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 4350 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 210 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 210 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 8121 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 8121 |
| IRS990/OtherExpensesGrp/Desc | 0 | K-1 ROCKET VENTRUES FUN |
| IRS990/OtherExpensesGrp/Desc | 1 | DUES & SUBSCRIPTIONS |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 200 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 3677 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 3677 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 200 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 0 | 900099 |
| IRS990/OtherRevenueMiscGrp/BusinessCd | 1 | 900099 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | LUCINTECH INC. CHECK |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | GOOGLE CLASS ACTION LA |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 0 | 2486 |
| IRS990/OtherRevenueMiscGrp/ExclusionAmt | 1 | 250 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 2486 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | 250 |
| IRS990/OtherRevenueTotalAmt | 0 | 2736 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | NORMAN RAPINO |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgramServiceRevenueGrp/BusinessCd | 0 | 900099 |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | TWINESTUDIO STARTUP |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 2216 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 2216 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | TWINESTUDIO STARTUP |
| IRS990/ProgSrvcAccomActy2Grp/RevenueAmt | 0 | 2216 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 0 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 444 |
| IRS990/PYOtherExpensesAmt | 0 | 79667 |
| IRS990/PYOtherRevenueAmt | 0 | 1816 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 456 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -108097 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 31146 |
| IRS990/PYTotalExpensesAmt | 0 | 110813 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 2716 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -83191 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 1 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 34350 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 34350 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 3559 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1868 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | -113491 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 150044 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 41980 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.45000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.64130 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 34350 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 34350 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 34350 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 76330 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 0 | 869955 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 1 | 234707 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 2 | 250000 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 3 | 237873 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt | 4 | 418000 |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 0 | RV MEMBER UNITS |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 1 | TWINE STUDIOS PREF. STOCK |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 2 | VENTURE MED GROUP COMMON STOCK |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 3 | GUARDIAN MEDICAL SERIES A STOCK |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc | 4 | GUARDIAN MEDICAL COMMON STOCK |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 0 | F |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 1 | F |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 2 | C |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 3 | C |
| IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd | 4 | C |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 0 |
| IRS990ScheduleD/TotalBookValueProgramRltdAmt | 0 | 2010535 |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | 0 |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | 0 |
| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | 0 |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | 0 |
| IRS990ScheduleJ/InitialContractExceptionInd | 0 | 0 |
| IRS990/ScheduleJRequiredInd | 0 | 1 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 24646 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt | 0 | 129419 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt | 0 | 8121 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt | 0 | 0 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | NORMAN RAPINO |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | EXECUTIVE DIRECTOR |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 24646 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt | 0 | 137540 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | 0 |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE 990 AND ALL SCHEDULES ARE REVIEWED BY AND INDEPENDENT ACCOUNTING FIRM BEFORE SUBMISSION. THE ROCKET INNOVATIONS TREASURER OR EXECUTIVE DIRECTOR REVIEWS AND SIGNS THE FINAL FORM 990 ON BEHALF OF THE BOARD OF DIRECTORS, AS STATED IN THE AMENDED AND RESTATED CODE OF REGULATIONS. "THE EXECUTIVE DIRECTOR SHALL BE THE CHIEF EXECUTIVE OFFICER OF THE CORPORATION. THE EXECUTIVE DIRECTOR SUPERVISES THE BUSINESS AND AFFAIRS OF THE CORPORATION AND SHALL PERFORM SUCH OTHER DUTIES AS THE BOARD MAY ASSIGN FROM TIME TO TIME." |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | AT EVERY BOARD MEETING THE BOARD MEMBERS ARE REMINDED THAT IF THEY HAVE A CONFLICT OF INTEREST THEY ARE REQUESTED TO ABSTAIN FROM ANY DELIBERATIONS AND VOTE. ALSO, EVERY OTHER YEAR THE BOARD MEMBERS ARE TRAINED BY OHIO ETHICS COMMISSION, WHICH INCLUDES DISCUSSION OF CONFLICT OF INTEREST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ALL COMPENSATION OF UT EMPLOYEES FOLLOW STRICT GUIDELINES AS A PUBLIC INSTITUTION. ROCKET INNOVATIONS HAS NO EMPLOYEES, AS THE EXECUTIVE DIRECTOR IS A UT EMPLOYEE AND HIS SALARY IS A SHARING OF PAID EMPLOYEES RELATED ORGANIZATION TRANSACTION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ALL POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | ROCKET INNOVATIONS HAS NO EMPLOYEES, AS THE EXECUTIVE DIRECTOR IS A UT EMPLOYEE AND HIS SALARY IS A SHARING OF PAID EMPLOYEES RELATED ORGANIZATION TRANSACTION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE 990 AND ALL SCHEDULES ARE REVIEWED BY AND INDEPENDENT ACCOUNTING FIRM BEFORE SUBMISSION. THE ROCKET INNOVATIONS TREASURER OR EXECUTIVE DIRECTOR REVIEWS AND SIGNS THE FINAL FORM 990 ON BEHALF OF THE BOARD OF DIRECTORS, AS STATED IN THE AMENDED AND RESTATED CODE OF REGULATIONS. "THE EXECUTIVE DIRECTOR SHALL BE THE CHIEF EXECUTIVE OFFICER OF THE CORPORATION. THE EXECUTIVE DIRECTOR SUPERVISES THE BUSINESS AND AFFAIRS OF THE CORPORATION AND SHALL PERFORM SUCH OTHER DUTIES AS THE BOARD MAY ASSIGN FROM TIME TO TIME." |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | PART VII, LINE 1A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | PART XII, LINE 2A |
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| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
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| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
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| IRS990/TotalAssetsGrp/EOYAmt | 0 | 2181947 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 1 |
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| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 85289 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 3677 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 88966 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 133 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 0 |
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| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 0 |
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| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 2181947 |
| IRS990/TotalOtherCompensationAmt | 0 | 8121 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 3677 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 2216 |
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| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 2181947 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 129419 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
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| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
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| IRS990/USAddress/CityNm | 0 | TOLEDO |
| IRS990/USAddress/StateAbbreviationCd | 0 | OH |
| IRS990/USAddress/ZIPCd | 0 | 436063328 |
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| IRS990/VotingMembersIndependentCnt | 0 | 5 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | NORMAN RAPINO |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4195306165 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2026-02-09 |
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| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ROCK |
| ReturnHeader/Filer/EIN | 0 | 205015970 |
| ReturnHeader/Filer/PhoneNum | 0 | 4195306165 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2801 W BANCROFT ST MSC 311 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | TOLEDO |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | OH |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 436063328 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 331498605 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | PLANTE & MORAN PLLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 3434 GRANITE CIRCLE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | TOLEDO |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | OH |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 436171160 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 4198436000 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2026-02-09 |
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