Civic Intelligence

Unknown Organization

990EZ • Fiscal year 2012 • EIN 45-3127299

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

92nd percentile

0.86x

Higher debt load relative to assets than 92% of similar nonprofits.

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

Liabilities / Revenue

98th percentile

4.19x

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

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

Net Margin

14th percentile

-24%

Higher net margin than 14% 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

14th percentile

-35%

Faster revenue growth than 14% of similar nonprofits.

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

Assets

Up

$396,122

Up $52,372 (+15%) from 2011

Net Assets

$54,555

No earlier filing loaded for comparison.

Liabilities

Up

$341,567

Up $71,951 (+27%) from 2011

Revenue

Down

$81,476

Down $43,524 (-35%) from 2011

Expenses

Up

$101,055

Up $50,189 (+99%) from 2011

Net Income

Down

-$19,579

Down $93,713 (-126%) from 2011

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $343,750Liabilities 2011: $269,6162011Assets 2012: $396,122Liabilities 2012: $341,567Net Assets 2012: $54,5552012Assets 2013: $2,393,332Liabilities 2013: $1,634,445Net Assets 2013: $758,8872013Assets 2014: $0Liabilities 2014: $0Net Assets 2014: $02014

Highlighted filing

2012

Assets$396,122
Liabilities$341,567
Net Assets$54,555

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $125,000Expenses 2011: $50,866Net Income 2011: $74,1342011Revenue 2012: $81,476Expenses 2012: $101,055Net Income 2012: -$19,5792012Revenue 2013: $4,212,174Expenses 2013: $3,507,842Net Income 2013: $704,3322013Revenue 2014: $0Expenses 2014: $0Net Income 2014: $02014

Highlighted filing

2012

Revenue$81,476
Expenses$101,055
Net Income-$19,579
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
45-3127299
Raw XML Appendix171 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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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
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IRS990EZ/OtherAssetsTotal/BOY00
IRS990EZ/OtherAssetsTotal/EOY0317633
IRS990EZ/OtherChangesInNetAssets00
IRS990EZ/OtherExpensesTotal015620
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.
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IRS990EZ/SalariesOtherCompEmplBenefits028778
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IRS990EZ/TheBooksAreInCareOf/AddressUS/State0CA
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode094065
IRS990EZ/TheBooksAreInCareOf/NameBusiness/BusinessNameLine10ANDREW STERN
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber08778060920
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IRS990EZ/TotalRevenue081476
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IRS990EZ/WebSite0WWW.RSED.ORG
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IRS990ScheduleO/GeneralExplanation/Explanation0DESCRIPTION: INTEREST. AMOUNT: 10,384. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 1,132. DESCRIPTION: BOOKS AND SUPPLIES. AMOUNT: 4,104. TOTAL TO FORM 990-EZ, LINE 16: 15,620.
IRS990ScheduleO/GeneralExplanation/Explanation1DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 62,633. DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 5,000. DESCRIPTION: SECURITY DEPOSIT. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 250,000.
IRS990ScheduleO/GeneralExplanation/Explanation2DESCRIPTION: 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: 61,567.
IRS990ScheduleO/GeneralExplanation/Identifier0OTHER EXPENSES
IRS990ScheduleO/GeneralExplanation/Identifier1OTHER ASSETS
IRS990ScheduleO/GeneralExplanation/Identifier2OTHER LIABILITIES
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 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/EIN0453127299
ReturnHeader/Filer/Name/BusinessNameLine10ROCKETSHIP SEVEN 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 MCMULLEN
ReturnHeader/Preparer/Phone06268577300
ReturnHeader/ReturnType0990EZ
ReturnHeader/TaxPeriodBeginDate02011-07-01
ReturnHeader/TaxPeriodEndDate02012-06-30
ReturnHeader/TaxYear02011
ReturnHeader/Timestamp02013-05-13T13:42:45-05:00

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