Civic Intelligence

Rocketship Education DC Public Charter School Inc

990 • Fiscal year 2019 • EIN 47-3468345

Jul 01, 2018 to Jun 30, 2019

Redwood City, CA
Siviq Scores

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

Liabilities / Assets

98th percentile

1.72x

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

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

59th percentile

0.33x

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

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

21st percentile

-5.6%

Higher net margin than 21% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

74th percentile

13%

Faster asset growth than 74% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

90th percentile

54%

Faster revenue growth than 90% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Assets

Up

$4,532,495

Up $516,415 (+13%) from 2018

Net Assets

Down

-$3,281,268

Down $1,316,452 (-67%) from 2018

Liabilities

Up

$7,813,763

Up $1,832,867 (+31%) from 2018

Revenue

Up

$23,527,801

Up $8,219,846 (+54%) from 2018

Expenses

Up

$24,844,253

Up $8,906,274 (+56%) from 2018

Net Income

Down

-$1,316,452

Down $686,428 (-109%) from 2018

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0-$50MAssets 2015: $250,000Liabilities 2015: $750,000Net Assets 2015: -$500,0002015Assets 2016: $1,905,334Liabilities 2016: $2,434,436Net Assets 2016: -$529,1022016Assets 2017: $2,653,228Liabilities 2017: $3,988,020Net Assets 2017: -$1,334,7922017Assets 2018: $4,016,080Liabilities 2018: $5,980,896Net Assets 2018: -$1,964,8162018Assets 2019: $4,532,495Liabilities 2019: $7,813,763Net Assets 2019: -$3,281,2682019Assets 2020: $6,884,975Liabilities 2020: $9,624,851Net Assets 2020: -$2,739,8762020Assets 2021: $9,274,221Liabilities 2021: $11,139,534Net Assets 2021: -$1,865,3132021Assets 2022: $10,515,344Liabilities 2022: $14,211,842Net Assets 2022: -$3,696,4982022Assets 2023: $126,469,795Liabilities 2023: $129,451,978Net Assets 2023: -$2,982,1832023

Highlighted filing

2019

Assets$4,532,495
Liabilities$7,813,763
Net Assets-$3,281,268

Operations Trend

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

$60M$40M$20M$0-$20MRevenue 2015: $250,000Expenses 2015: $750,000Net Income 2015: -$500,0002015Revenue 2016: $1,981,060Expenses 2016: $2,005,202Net Income 2016: -$24,1422016Revenue 2017: $10,097,668Expenses 2017: $10,903,358Net Income 2017: -$805,6902017Revenue 2018: $15,307,955Expenses 2018: $15,937,979Net Income 2018: -$630,0242018Revenue 2019: $23,527,801Expenses 2019: $24,844,253Net Income 2019: -$1,316,4522019Revenue 2020: $28,941,307Expenses 2020: $28,399,915Net Income 2020: $541,3922020Revenue 2021: $35,972,455Expenses 2021: $35,097,892Net Income 2021: $874,5632021Revenue 2022: $41,166,107Expenses 2022: $42,997,292Net Income 2022: -$1,831,1852022Revenue 2023: $45,066,377Expenses 2023: $44,352,062Net Income 2023: $714,3152023

Highlighted filing

2019

Revenue$23,527,801
Expenses$24,844,253
Net Income-$1,316,452
Filing Detail Status

This 2019 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

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Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Mission and Program Overview

Mission

Rocketship education dc public charter school is a non-profit corporation whose mission is to eliminate the achievement gap by building a scalable and sustainable school model that propels student achievement in underserved communities. 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 catalyzing a movement to eliminate the achievement gap in our lifetime.

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