Civic Intelligence

Rocketship Six Elementary School

990EZ • Fiscal year 2012 • EIN 45-2649820

Jul 01, 2011 to Jun 30, 2012 • Filed on May 08, 2013

350 Twin Dolphin Drive No 10994065
Siviq Scores

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

Liabilities / Assets

93rd percentile

0.88x

Higher debt load relative to assets than 93% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Liabilities / Revenue

98th percentile

4.06x

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

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Net Margin

12th percentile

-32%

Higher net margin than 12% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

69th percentile

15%

Faster asset growth than 69% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Revenue Growth

16th percentile

-31%

Faster revenue growth than 16% of similar nonprofits.

2012 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2012

Assets

Up

$396,599

Up $52,849 (+15%) from 2011

Net Assets

$46,670

No earlier filing loaded for comparison.

Liabilities

Up

$349,929

Up $80,313 (+30%) from 2011

Revenue

Down

$86,220

Down $38,780 (-31%) from 2011

Expenses

Up

$113,684

Up $62,818 (+123%) from 2011

Net Income

Down

-$27,464

Down $101,598 (-137%) from 2011

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $343,750Liabilities 2011: $269,6162011Assets 2012: $396,599Liabilities 2012: $349,929Net Assets 2012: $46,6702012Assets 2013: $1,131,695Liabilities 2013: $753,071Net Assets 2013: $378,6242013Assets 2014: $0Liabilities 2014: $0Net Assets 2014: $02014Assets 2015: $0Liabilities 2015: $0Net Assets 2015: $02015

Highlighted filing

2012

Assets$396,599
Liabilities$349,929
Net Assets$46,670

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $125,000Expenses 2011: $50,866Net Income 2011: $74,1342011Revenue 2012: $86,220Expenses 2012: $113,684Net Income 2012: -$27,4642012Revenue 2013: $1,884,185Expenses 2013: $1,552,231Net Income 2013: $331,9542013Revenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2015: $0Expenses 2015: $0Net Income 2015: $02015

Highlighted filing

2012

Revenue$86,220
Expenses$113,684
Net Income-$27,464
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
May 8, 2013
Return Version
2011v1.2
Mission and Program Overview

Mission

Founded in 2006, rocketship education (www.rsed.org), a non-profit corporation, is building a national network of public elementary charter schools. Rocketship's mission is to eliminate the achievement gap in public education by creating a network of k-5 elementary charter schools in high need neighborhoods in major cities in the united states over the next decade. Each rocketship school operates in an academically underserved community, with a clear and simple goal: that its students achieve grade level proficiency by the time they graduate from elementary school. Rocketship focuses on its three pillars to ensure the success of all of its schools: excellent teachers and leaders, personalized learning, and engaged parents. Rocketship has pioneered a transformative instructional model that combines classroom teaching with tutors and technology to meet each student with the right lesson at the right time.

Filing and Contact Details

Filer

EIN
45-2649820
Raw XML Appendix178 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
IRS990EZ/ActivitiesNotPreviouslyRpt00
IRS990EZ/AddressChange0X
IRS990EZ/AmountOfTaxImposedOnOrgMgr00
IRS990EZ/AmountOfTaxReimbursedByOrg00
IRS990EZ/CashSavingsAndInvestments/BOY0268750
IRS990EZ/CashSavingsAndInvestments/EOY066740
IRS990EZ/ContributionsGiftsGrantsEtc082195
IRS990EZ/DirectIndirectPoliticalExpend00
IRS990EZ/DoesOrgHaveHospital00
IRS990EZ/EngagedInExcessBenefitTrans00
IRS990EZ/EngageInLobbyingActivities00
IRS990EZ/EngagePoliticalCmpgnActivities00
IRS990EZ/ExcessOrDeficitForYear0-27464
IRS990EZ/FeesAndOthPymtToIndContractors053388
IRS990EZ/FiledScheduleA01
IRS990EZ/ForeignFinancialAccount00
IRS990EZ/ForeignOffice00
IRS990EZ/GrossReceipts086220
IRS990EZ/InfoInScheduleOPartI0X
IRS990EZ/InfoInScheduleOPartII0X
IRS990EZ/InfoInScheduleOPartIII0X
IRS990EZ/InfoInScheduleOPartV0X
IRS990EZ/MadeChangesToOrgnzngEtcDoc00
IRS990EZ/MadeLoansToFromOfficers00
IRS990EZ/MaintainAnyDonorAdvisedFunds00
IRS990EZ/MethodOfAccountingAccrual0X
IRS990EZ/NetAssetsOrFundBalances/BOY074134
IRS990EZ/NetAssetsOrFundBalancesBOY074134
IRS990EZ/NetAssetsOrFundBalances/EOY046670
IRS990EZ/NetAssetsOrFundBalancesEOY046670
IRS990EZ/OccupancyRentUtilitiesAndMaint05250
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine10350 TWIN DOLPHIN DRIVE 109
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine11350 TWIN DOLPHIN DRIVE 109
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine12350 TWIN DOLPHIN DRIVE 109
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine13350 TWIN DOLPHIN DRIVE 109
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine14350 TWIN DOLPHIN DRIVE 109
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City0REDWOOD CITY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City1REDWOOD CITY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City2REDWOOD CITY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City3REDWOOD CITY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City4REDWOOD CITY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State0CA
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State1CA
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State2CA
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State3CA
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State4CA
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode094065
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode194065
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode294065
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode394065
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode494065
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition02.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition12.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition22.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition32.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition42.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation10
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation20
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation30
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation40
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc10
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc20
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc30
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc40
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances10
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances20
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances30
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ExpenseAccountOtherAllowances40
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName0ALICIA GALLEGOS
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName1LUZ MARIA RUIZ
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName2BARBARA HANSEN
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName3RUBEN RAMIREZ
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName4LYDIA ROBLES
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title0BOARD PRESIDENT
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title1BOARD SECRETARY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title2BOARD TREASURER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title3MEMBER (FORMER)
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title4MEMBER (FORMER)
IRS990EZ/OperatingSchool00
IRS990EZ/Organization501c30X
IRS990EZ/OrganizationDissolvedEtc00
IRS990EZ/OrganizationHadUBI00
IRS990EZ/OtherAssetsTotal/BOY075000
IRS990EZ/OtherAssetsTotal/EOY0329859
IRS990EZ/OtherChangesInNetAssets00
IRS990EZ/OtherExpensesTotal020803
IRS990EZ/OtherRevenueTotal04025
IRS990EZ/PartVIAHghstPaidCntrctProfSer0NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl0NONE
IRS990EZ/PrimaryExemptPurpose0FOUNDED IN 2006, ROCKETSHIP EDUCATION (WWW.RSED.ORG), A NON-PROFIT CORPORATION, IS BUILDING A NATIONAL NETWORK OF HIGH PERFORMING URBAN COLLEGE PREPARATORY ELEMENTARY CHARTER SCHOOLS. ROCKETSHIP'S MISSION IS TO ELIMINATE THE ACHIEVEMENT GAP IN PUBLIC EDUCATION BY CREATING A NETWORK OF K 5 ELEMENTARY CHARTER SCHOOLS IN HIGH NEED NEIGHBORHOODS IN MAJOR CITIES IN THE UNITED STATES OVER THE NEXT DECADE. EACH ROCKETSHIP SCHOOL SERVES APPROXIMATELY 550 STUDENTS, WITH A CLEAR AND SIMPLE GOAL: THAT ITS STUDENTS ACHIEVE GRADE LEVEL PROFICIENCY BY THE TIME THEY GRADUATE FROM ELEMENTARY SCHOOL. ROCKETSHIP HAS PIONEERED A TRANSFORMATIVE EDUCATION MODEL - THE HYBRID SCHOOL PLATFORM - THAT COMBINES TRADITIONAL CLASSROOM TEACHING TO ENHANCE AND EXTEND STUDENTS' CRITICAL THINKING SKILLS WITH INDIVIDUALIZED INSTRUCTION USING TUTORS AND TECHNOLOGY TO STRENGTHEN STUDENTS' BASIC SKILLS AND TO SERVE THE NEEDS OF EACH AND EVERY CHILD.
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom0ROCKETSHIP SEEKS TO CREATE A FUTURE IN WHICH THOUSANDS OF LOW-INCOME ELEMENTARY SCHOOL CHILDREN HAVE GRADUATED FROM FOUR-YEAR COLLEGES AND COME BACK TO THEIR NEIGHBORHOODS FOR ERADICATE THE LAST TRACES OF THE ACHIEVEMENT GAP.
IRS990EZ/ProgramServiceAccomplishment/GrantsAndAllocations00
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses061184
IRS990EZ/ProhibitedTaxShelterTrans00
IRS990EZ/RelatedOrgControlledEntity00
IRS990EZ/SalariesOtherCompEmplBenefits034243
IRS990EZ/ScheduleBNotRequired0X
IRS990EZ/StatesWhereCopyOfReturnIsFiled0CA
IRS990EZ/SubjectToProxyTax00
IRS990EZ/SumOfTotalLiabilities/BOY0269616
IRS990EZ/SumOfTotalLiabilities/EOY0349929
IRS990EZ/TanningServicesProvided00
IRS990EZ/TaxImposedUnderIRC491100
IRS990EZ/TaxImposedUnderIRC491200
IRS990EZ/TaxImposedUnderIRC495500
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine10350 TWIN DOLPHIN DR 109
IRS990EZ/TheBooksAreInCareOf/AddressUS/City0REDWOOD CITY
IRS990EZ/TheBooksAreInCareOf/AddressUS/State0CA
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode094065
IRS990EZ/TheBooksAreInCareOf/NameBusiness/BusinessNameLine10ANDREW STERN
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber08778060920
IRS990EZ/TotalAssets/BOY0343750
IRS990EZ/TotalAssets/EOY0396599
IRS990EZ/TotalExpenses0113684
IRS990EZ/TotalProgramServiceExpenses061184
IRS990EZ/TotalRevenue086220
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg00
IRS990EZ/WebSite0WWW.RSED.ORG
IRS990ScheduleA/AmtsFromSubstContributors/Total00
IRS990ScheduleA/AmtsRecdFromDisqualPersons/Total00
IRS990ScheduleA/First5Years5090X
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYear082195
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus1Year0125000
IRS990ScheduleA/GiftsGrantsContribReceived509/Total0207195
IRS990ScheduleA/OtherIncome509/CurrentTaxYear04025
IRS990ScheduleA/OtherIncome509/Total04025
IRS990ScheduleA/PubliclySupportedOrg509a20X
IRS990ScheduleA/PublicSupportTotal5090207195
IRS990ScheduleA/SupportFromDQPsEtc/Total00
IRS990ScheduleA/Total509/CurrentTaxYear082195
IRS990ScheduleA/Total509/CurrentTaxYearMinus1Year0125000
IRS990ScheduleA/Total509/Total0207195
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYear086220
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus1Year0125000
IRS990ScheduleA/TotalSupportTotal/Total0211220
IRS990ScheduleO/GeneralExplanation/Explanation0DESCRIPTION: UNIFORM SALES. AMOUNT: 4,025.
IRS990ScheduleO/GeneralExplanation/Explanation1DESCRIPTION: INTEREST. AMOUNT: 10,384. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 2,279. DESCRIPTION: IT. AMOUNT: 60. DESCRIPTION: TRAVEL. AMOUNT: 1,072. DESCRIPTION: CONFERENCES. AMOUNT: 40. DESCRIPTION: BOOKS AND SUPPLIES. AMOUNT: 6,849. DESCRIPTION: OTHER. AMOUNT: 119. TOTAL TO FORM 990-EZ, LINE 16: 20,803.
IRS990ScheduleO/GeneralExplanation/Explanation2DESCRIPTION: SECURITY DEPOSITS. BEG. OF YEAR AMOUNT: 75,000. END OF YEAR AMOUNT: 255,500. DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 63,523. DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 10,836.
IRS990ScheduleO/GeneralExplanation/Explanation3DESCRIPTION: ACCRUED INTEREST. BEG. OF YEAR AMOUNT: 19,616. END OF YEAR AMOUNT: 30,000. DESCRIPTION: CONVERTIBLE LOANS. BEG. OF YEAR AMOUNT: 250,000. END OF YEAR AMOUNT: 250,000. DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 69,929.
IRS990ScheduleO/GeneralExplanation/Identifier0OTHER REVENUE
IRS990ScheduleO/GeneralExplanation/Identifier1OTHER EXPENSES
IRS990ScheduleO/GeneralExplanation/Identifier2OTHER ASSETS
IRS990ScheduleO/GeneralExplanation/Identifier3OTHER LIABILITIES
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/GeneralExplanation/ReturnReference3FORM 990-EZ, PART II, LINE 26
TransferPrsnlBnftContractsDecl/Declaration0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02016-02-24 21:20:13Z
ReturnHeader/Filer/EIN0452649820
ReturnHeader/Filer/Name/BusinessNameLine10ROCKETSHIP SIX ELEMENTARY SCHOOL
ReturnHeader/Filer/NameControl0ROCK
ReturnHeader/Filer/Phone08778060920
ReturnHeader/Filer/USAddress/AddressLine10350 TWIN DOLPHIN DRIVE NO 109
ReturnHeader/Filer/USAddress/City0REDWOOD CITY
ReturnHeader/Filer/USAddress/State0CA
ReturnHeader/Filer/USAddress/ZIPCode094065
ReturnHeader/Officer/AuthorizeThirdParty01
ReturnHeader/Officer/DateSigned02013-05-08
ReturnHeader/Officer/Name0ANDREW STERN
ReturnHeader/Officer/Phone08778060920
ReturnHeader/Officer/Title0CFO
ReturnHeader/PreparerFirm/EIN0952242818
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine10VICENTI LLOYD & STUTZMAN LLP
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine102210 E ROUTE 66 SUITE 100
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City0GLENDORA
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State0CA
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode091740
ReturnHeader/Preparer/Name0WADE MC MULLEN
ReturnHeader/Preparer/Phone06268577300
ReturnHeader/ReturnType0990EZ
ReturnHeader/TaxPeriodBeginDate02011-07-01
ReturnHeader/TaxPeriodEndDate02012-06-30
ReturnHeader/TaxYear02011
ReturnHeader/Timestamp02013-05-13T13:42:45-05:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings