Civic Intelligence

Launchpad Development Company

990 • Fiscal year 2025 • EIN 27-1813337

Jul 01, 2024 to Jun 30, 2025

Organization ProfileN/A
2001 Gateway Place 230ESan Jose, CA 95110

(877) 806-0920

Siviq Scores

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

Liabilities / Assets

98th percentile

1.05x

Higher debt load relative to assets than 98% of similar nonprofits.

2025 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2025

Liabilities / Revenue

97th percentile

12.98x

Higher debt load relative to revenue than 97% of similar nonprofits.

2025 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2025

Net Margin

9th percentile

-6.7%

Higher net margin than 9% of similar nonprofits.

2025 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2025

Top Officer Pay

12th percentile

$288,443

Higher top officer pay than 12% of similar nonprofits.

Top officer pay equals 1.4% of source-year revenue.

2025 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2025

Asset Growth

8th percentile

-2.5%

Faster asset growth than 8% of similar nonprofits.

2025 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2024 to 2025

Revenue Growth

24th percentile

-0.6%

Faster revenue growth than 24% of similar nonprofits.

2025 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$258,633,848

Down $6,582,510 (-2.5%) from 2024

Net Assets

Down

-$11,873,908

Down $1,394,932 (-13%) from 2024

Liabilities

Down

$270,507,756

Down $5,187,578 (-1.9%) from 2024

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin9th percentile

Revenue

Down

$20,841,881

Down $136,344 (-0.6%) from 2024

Expenses

Up

$22,236,813

Up $1,288,304 (+6.1%) from 2024

Net Income

Down

-$1,394,932

Down $1,424,648 (-4794%) from 2024

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

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

$300M$200M$100M$0-$100MAssets 2012: $48,625,847Liabilities 2012: $48,368,348Net Assets 2012: $257,4992012Assets 2013: $51,352,799Liabilities 2013: $50,852,260Net Assets 2013: $500,5392013Assets 2014: $82,212,193Liabilities 2014: $82,273,960Net Assets 2014: -$61,7672014Assets 2015: $74,153,509Liabilities 2015: $75,665,572Net Assets 2015: -$1,512,0632015Assets 2016: $105,660,145Liabilities 2016: $106,935,513Net Assets 2016: -$1,275,3682016Assets 2017: $133,167,452Liabilities 2017: $137,366,234Net Assets 2017: -$4,198,7822017Assets 2018: $131,780,984Liabilities 2018: $136,512,293Net Assets 2018: -$4,731,3092018Assets 2019: $160,138,338Liabilities 2019: $167,603,695Net Assets 2019: -$7,465,3572019Assets 2021: $184,902,715Liabilities 2021: $197,528,304Net Assets 2021: -$12,625,5892021Assets 2022: $179,580,617Liabilities 2022: $197,413,068Net Assets 2022: -$17,832,4512022Assets 2024: $265,216,358Liabilities 2024: $275,695,334Net Assets 2024: -$10,478,9762024Assets 2025: $258,633,848Liabilities 2025: $270,507,756Net Assets 2025: -$11,873,9082025

Highlighted filing

2025

Assets$258,633,848
Liabilities$270,507,756
Net Assets-$11,873,908
Open 2025 Filing

Operations Trend

Revenue Growth24th percentile

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

$30M$20M$10M$0-$10MExpenses 2012: $4,453,8312012Expenses 2013: $5,273,3892013Revenue 2014: $7,438,137Expenses 2014: $8,000,443Net Income 2014: -$562,3062014Revenue 2015: $8,921,054Expenses 2015: $8,555,632Net Income 2015: $365,4222015Revenue 2016: $10,565,059Expenses 2016: $10,328,364Net Income 2016: $236,6952016Revenue 2017: $14,444,119Expenses 2017: $17,367,533Net Income 2017: -$2,923,4142017Revenue 2018: $18,589,442Expenses 2018: $19,121,969Net Income 2018: -$532,5272018Revenue 2019: $18,158,774Expenses 2019: $20,892,822Net Income 2019: -$2,734,0482019Revenue 2021: $19,513,288Expenses 2021: $22,032,722Net Income 2021: -$2,519,4342021Revenue 2022: $19,660,045Expenses 2022: $24,866,907Net Income 2022: -$5,206,8622022Revenue 2024: $20,978,225Expenses 2024: $20,948,509Net Income 2024: $29,7162024Revenue 2025: $20,841,881Expenses 2025: $22,236,813Net Income 2025: -$1,394,9322025

Highlighted filing

2025

Revenue$20,841,881
Expenses$22,236,813
Net Income-$1,394,932
Open 2025 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Apr 20, 2026
Return Version
2024v5.5
Gross Receipts
$20,841,881
Mission and Program Overview

Mission

Launchpad development company is a supporting organization of rocketship education, a california nonprofit public benefit corporation.

Launchpad development company is a supporting organization of rocketship education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$168,656,127$163,492,638▼ $5,163,489
Savings and Temporary Cash Investments$20,866,083$20,306,509▼ $559,574
Cash and Non-Interest-Bearing Accounts$590,381$0▼ $590,381
Prepaid Expenses and Deferred Charges$142,491$268,661▲ $126,170
Accounts Receivable$11,987$39,205▲ $27,218
Total Assets$265,216,358$258,633,848▼ $6,582,510
Other Assets Total$74,949,289$74,526,835▼ $422,454
Liabilities
Tax Exempt Bond Liabilities$193,694,026$189,828,990▼ $3,865,036
Other Liabilities$65,996,760$66,015,668▲ $18,908
Mortgage Notes Payable Secured by Investment Property$13,395,000$12,474,408▼ $920,592
Accounts Payable and Accrued Expenses$908,030$2,126,546▲ $1,218,516
Deferred Revenue$1,701,518$62,144▼ $1,639,374
Total Liabilities$275,695,334$270,507,756▼ $5,187,578
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-10,478,976$-11,873,908▼ $1,394,932
Total Net Assets Fund Balance$-10,478,976$-11,873,908▼ $1,394,932
Total Liabilities and Net Assets / Fund Balance$265,216,358$258,633,848▼ $6,582,510

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$139,020,435$43,577,945$182,598,380
Land$24,299,630-$24,299,630
Equipment$5,902$451,630$457,532
Other Land Buildings$166,671-$166,671
Other Assets Org$58,245,897--
Compensation and Service Providers
Top Officer Pay12th percentile

Board Members and Trustees

NameTitle
Tadd MillerPresident
Abraham LeeDirector
Charmaine DetweilerDirector
Derwin SisnettDirector
Jeffrey WinakerDirector
Laura KozelDirector
Marcus GoodwinDirector
Benjamin CarsonExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$19,899,035
Investment Income
$916,168
Other Revenue
$26,678
Change in Net Assets
$-1,394,932

Audited Revenue Reconciliation

Revenue per Audited Statements
$20,841,881
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$20,841,881
Total Revenue per Form 990
$20,841,881
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$22,236,813
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$10,003,450--$10,003,450
Depreciation Depletion$5,901,348--$5,901,348
Occupancy$3,548,517--$3,548,517
Fees for Services Other$356,646$71,143-$427,789
Insurance-$280,214-$280,214
Other Expenses$78,685$1,900,000-$78,685
Fees for Services Accounting-$47,586-$47,586
Fees for Services Legal-$27,332-$27,332
Office Expenses$21,892--$21,892
Total Functional Expenses$19,910,538$2,326,275$0$22,236,813

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$22,236,813
Total Expenses per Audited Statements$22,236,813
Total Expenses per Form 990$22,236,813
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liabilities - Operating$61,453,356
Deferred Rent Liability$3,321,849
Accrued Interest$840,463
Security Deposits$400,000

Bond Issues

BondIssuerIssuedIssue PricePurpose
DDistrict of Columbia2021-02-11$30,667,593To finance the construction, improve, and equip school facility
BCalifornia School Finance Authority2016-02-05$28,709,198To finance the construction, improve, and equip school facility
CDistrict of Columbia2024-02-29$28,586,999To finance the construction, improve, and equip school facility
BCalifornia Enterprise Development Authority2022-03-24$28,292,057To finance the construction, improve, and equip school facility
CDistrict of Columbia2019-05-01$28,062,185To finance the construction, improve, and equip school facility
CCalifornia School Finance Authority2017-02-22$22,903,872To finance the construction, improve, and equip school facility
ACalifornia Enterprise Development Authority2021-09-03$16,577,544To finance the construction, improve, and equip school facility
BCalifornia School Finance Authority2017-12-18$16,205,299To finance the construction, improve, and equip school facility
AThe Health and Educational Facilities Board of the Metropolitan Government2017-02-22$7,543,434To finance the construction, improve, and equip school facility
DWisconsin Health and Educational Facilities Authority2017-02-22$7,055,321To finance the construction, improve, and equip school facility
ACalifornia School Finance Authority2015-08-07$6,105,245To finance the construction, improve, and equip school facility

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
D$30,667,593--$473,999
B$28,709,198$2,736,563$4,230,000$569,184
C$28,586,998--$569,294
B$28,292,057--$369,238
C$28,062,185$602,571$2,250,000$537,517
C$22,903,872$13,583,218$6,935,000$447,134
A$16,577,544--$291,158
B$16,205,299$27,922,819$3,205,000$297,900
A$7,543,434$16,286,385$830,000$124,660
D$7,055,321$1,203,300$105,000$113,777
A$6,105,245$5,559,717$4,440,000$65,578

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
Yes
Corrective action procedures
Yes
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 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

“The founder, rocketship education inc., has the power to appoint the board of directors of the organization and prescribe their terms of office as well as remove a director from office.”

Form 990, Part VI, Section A, Line 7B

“The bylaws may be altered, amended or repealed and new bylaws adopted by the board of directors only with the written approval of the founder, rocketship education inc.”

Form 990, Part VI, Section A, Line 8B

“There are no committee's that have the authority to act on behalf of the board.”

Form 990, Part VI, Section B, Line 11B

“The form 990 is prepared by the organization's outside public accounting firm based on information provided by management. Once a draft of the return is available, it is reviewed by management with any changes or revisions incorporated into the filing. The revised return is then submitted to the board of directors for their review prior to submitting to the irs.”

Form 990, Part VI, Section B, 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 the organization's board of directors. Designated employees include employees of rocketship and ca public charter schools it operates,including governing board members and candidates, who hold positions that involve the making or participation in the making, of decisions that may foreseeably have a material effect on any financial interest.”

Form 990, Part VI, Section C, Line 19

“Our governing documents, conflict of interest policy, and board financial reports are available upon request. Our annual audited financial statements are available upon request.”

Filing and Contact Details

Filer

Filer Name
Launchpad Development Company
EIN
27-1813337
Phone
8778060920
Address
2001 GATEWAY PLACE 230E, SAN JOSE, CA 95110

Signing Officer

Name
Benjamin Carson
Title
Executive Director
Phone
5012587831
Signed
2026-04-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Benjamin Carson
Formed
2009
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Cliftonlarsonallen Llp
Address
901 VIA PIEMONTE SUITE 300, ONTARIO, CA 91764
Preparer
Derrick Debruyne
Phone
9099857286
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“The process for oversight and selection of an independent accountant has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“Launchpad is comprised of various non-profit entities 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 1,191 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.

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IRS990/MinutesOfCommitteesInd00
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IRS990/MissionDesc0LAUNCHPAD DEVELOPMENT COMPANY IS A SUPPORTING ORGANIZATION OF ROCKETSHIP EDUCATION, A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION.
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IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
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IRS990/PoliticalCampaignActyInd00
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0268661
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IRS990/PYOtherRevenueAmt0265982
IRS990/PYProgramServiceRevenueAmt019668518
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IRS990/PYTotalProfFndrsngExpnsAmt00
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-1394932
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IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
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IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
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IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt019910538
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0ROCKETSHIP EDUCATION
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt019910538
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0139020435
IRS990ScheduleD/BuildingsGrp/DepreciationAmt043577945
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0182598380
IRS990ScheduleD/EquipmentGrp/BookValueAmt05902
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0451630
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0457532
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt022236813
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt024299630
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt024299630
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt016280938
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt158245897
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED RENT ASSET
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1OPERATING RIGHT OF USE LEASE ASSET
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0166671
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0166671
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0400000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1840463
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt261453356
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt33321849
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED INTEREST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2LEASE LIABILITIES - OPERATING
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3DEFERRED RENT LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt020841881
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0LAUNCHPAD IS COMPRISED OF VARIOUS NON-PROFIT ENTITIES 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.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0163492638
IRS990ScheduleD/TotalBookValueOtherAssetsAmt074526835
IRS990ScheduleD/TotalExpensesPerForm990Amt022236813
IRS990ScheduleD/TotalLiabilityAmt066015668
IRS990ScheduleD/TotalRevenuePerForm990Amt020841881
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt020841881
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt022236813
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0273284
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt07746
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt07413
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0BENJAMIN CARSON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0288443
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS A SERVICE AGREEMENT WITH ROCKETSHIP EDUCATION, RELATED ENTITY, AND THE CEO IS COMPENSATED BY THE RELATED ENTITY. THE METHODS USED BY THE RELATED ENTITY TO ESTABLISH COMPENSATION INCLUDE A WRITTEN EMPLOYMENT CONTRACT, COMPENSATION STUDY, AND APPROVAL BY THE BOARD.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd1B
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd2C
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd3D
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd4A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd5B
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd6C
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd7D
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd8A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd9B
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IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd21
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd31
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd41
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd51
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd61
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd71
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd81
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd91
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd101
IRS990ScheduleK/SupplementalInformationDetail/ExplanationTxt0ISSUER NAME: DISTRICT OF COLUMBIA DATE THE REBATE COMPUTATION WAS PERFORMED: 05/01/2024
IRS990ScheduleK/SupplementalInformationDetail/FormAndLineReferenceDesc0DATE REBATE COMPUTATION PERFORMED
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd1B
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd2C
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd3D
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd4A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd5B
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd6C
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd7D
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd8A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd9B
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd10C
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd11
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd21
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd31
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd41
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd51
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd60
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd70

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2025 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$258,633,848
Liabilities
$270,507,756
Net assets
-$11,873,908
Revenue
$20,841,881
Expenses
$22,236,813
Net income
-$1,394,932
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$259$271$11.9$20.8$22.2$1.39
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$265$276$10.5$21.0$20.9$0.03
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$180$197$17.8$19.7$24.9$5.21
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$185$198$12.6$19.5$22.0$2.52
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$160$168$7.47$18.2$20.9$2.73
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$132$137$4.73$18.6$19.1$0.53
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$133$137$4.20$14.4$17.4$2.92
2016Detailed filing. Detailed filing data is available for this year.$106$107$1.28$10.6$10.3$0.24
2015Detailed filing. Detailed filing data is available for this year.$74.2$75.7$1.51$8.92$8.56$0.37
2014Detailed filing. Detailed filing data is available for this year.$82.2$82.3$0.06$7.44$8.00$0.56
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$51.4$50.9$0.50$5.27
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$48.6$48.4$0.26$4.45