Civic Intelligence

Rocketship Education DC Public Charter School Inc

990 • Fiscal year 2019 • EIN 47-3468345

Jul 01, 2018 to Jun 30, 2019 • Filed on Jun 12, 2020

Organization ProfileWWW.RSED.ORG
350 Twin Dolphin Dr No 109Redwood City, CA 94065

(202) 627-2256

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

80th percentile

$314,087

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 1.3% of source-year revenue.

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

Balance Sheet
Liabilities / Assets98th percentile

Assets

Flat

$4,532,495

Flat from 2019

Net Assets

Flat

-$3,281,268

Flat from 2019

Liabilities

Flat

$7,813,763

Flat from 2019

Revenue And Expenses
Liabilities / Revenue59th percentileNet Margin21st percentile

Revenue

Flat

$23,527,801

Flat from 2019

Expenses

Flat

$24,844,253

Flat from 2019

Net Income

Flat

-$1,316,452

Flat from 2019

Historical Trend

Balance Sheet Trend

Asset Growth74th percentile

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 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
Open 2019 Filing

Operations Trend

Revenue Growth90th percentile

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 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
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jun 12, 2020
Return Version
2018v3.1
Gross Receipts
$23,527,801
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.

A public charter school working to eliminate the achievement gap in public education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,453,937$3,966,107▲ $1,512,170
Pledges and Grants Receivable$870,751$528,357▼ $342,394
Prepaid Expenses and Deferred Charges$46,422$36,531▼ $9,891
Total Assets$4,016,080$4,532,495▲ $516,415
Other Assets Total$644,970$1,500▼ $643,470
Liabilities
Other Liabilities$5,549,019$7,086,524▲ $1,537,505
Accounts Payable and Accrued Expenses$431,877$727,239▲ $295,362
Total Liabilities$5,980,896$7,813,763▲ $1,832,867
Net Assets / Fund Balance
Temporarily Rstr Net Assets$265,000$100,000▼ $165,000
Unrestricted Net Assets$-2,229,816$-3,381,268▼ $1,151,452
Total Net Assets Fund Balance$-1,964,816$-3,281,268▼ $1,316,452
Total Liabilities and Net Assets / Fund Balance$4,016,080$4,532,495▲ $516,415
Compensation and Service Providers
Top Officer Pay80th percentile

Employees

NameTitleFull / Part TimeOtherTotal
Cheye CalvoChief Growth and Community EngagementFT$235,317$235,317
Carolyn LynchVP Strategy & ScalabilityFT$144,138$144,138
Joshua PacosFounding PrincipalFT$136,731$136,731

Board Members and Trustees

NameTitle
Jolene SloterChair
Josh DrakeSenior Director Schools
Preston SmithChief Executive Officer
Keysha BaileyChief Financial Officer
Cheye CalvoChief Growth and Community Engagemen
Yunglynn LiaoChief Talent Officer
Barry RosenthalMember
Finesse GravesMember
Jean-claude BrizardMember
Josh RalesMember
June NwabaraMember
Patricia CoatesMember
Shayna HammondMember
Michael SpencerSecretary
Justin BakewellTreasurer
Laura KozelVP Capital Finance
Christopher MurphyVP Communications & Market
Revenue and Support

Revenue Composition

Contributions and Grants
$4,466,869
Program Service Revenue
$19,060,932
Investment Income
$0
Other Revenue
$0
All Other Contributions
$562,661
Change in Net Assets
$-1,316,452

Audited Revenue Reconciliation

Revenue per Audited Statements
$23,527,801
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$23,527,801
Total Revenue per Form 990
$23,527,801
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$17,458,629
Salaries, Compensation, and Employee Benefits$7,385,624
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$6,277,629--$6,277,629
Other Salaries and Wages$6,227,568--$6,227,568
Occupancy$5,865,348--$5,865,348
Fees for Services Management-$2,543,390-$2,543,390
Other Employee Benefits$697,300--$697,300
Office Expenses$480,925--$480,925
Payroll Taxes$448,242--$448,242
Other Expenses$1,554,065$213,972-$213,972
Travel-$113,806-$113,806
Insurance-$18,378-$18,378
Pension Plan Contributions$12,514--$12,514
Total Functional Expenses$21,563,591$3,280,662$0$24,844,253

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$24,844,253
Total Expenses per Audited Statements$24,844,253
Total Expenses per Form 990$24,844,253
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
Deferred Rent$3,750,822
Payable to Rocketship Education$3,335,702
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“Delegation of management the organization has a service agreement with rocketship education, a related entity, which provides operational and administrative support to organization. Included in these services provided are data, finance, hr, operations, recruiting and technology.”

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

“Review process of form 990 form 990 is prepared by an independent accountant and reviewed by select board members before filing with the irs.”

Form 990, Part VI, Section B, Line 12C

“Conflicts of interest policy the officers, directors, and trustees all sign the conflict of interest policy on an annual basis.”

Form 990, Part VI, Section C, Line 19

“Availability of documents the governing documents, conflict of interest policy and the financial statements are readily available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Rocketship Education Dc
EIN
47-3468345
Phone
2026272256
Address
350 TWIN DOLPHIN DR NO 109, REDWOOD CITY, CA 94065

Signing Officer

Name
Keysha Bailey
Title
CFO, Rsed
Phone
2026272256
Signed
2020-06-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Keysha Bailey
Formed
2014
Legal Domicile
Dc
Voting Board Members
10
Independent Board Members
10
Employees
133
Volunteers
10

Preparer

Firm
Aronson LLC
Address
111 ROCKVILLE PIKE SUITE 600, ROCKVILLE, MD 20850
Preparer
Robert Eby CPA
Phone
3012316200
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Contracted instruction fees: program service expenses 6,277,629. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,277,629.”

Form 990 Part XII Line 2C

“The organization has not changed the oversight of the audit from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“Financial statement footnote regarding fin 48 (asc 740) the school evaluates uncertainty in income tax positions taken or expected to be taken on a tax return based on a more-likely-than-not recognition standard. If that threshold is met, the tax position is then measured at the largest amount that is greater than 50% likely of being realized upon ultimate settlement. As of june 30, 2019 and 2018, there are no accruals for uncertain tax positions. If applicable, the school records interest and penalties as a component of income tax expense. Tax years from 2016 through the current year remain open for examination by tax authorities.”

Raw XML AppendixShowing 400 of 679 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
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0431877
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0727239
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0A PUBLIC CHARTER SCHOOL WORKING TO ELIMINATE THE ACHIEVEMENT GAP IN PUBLIC EDUCATION.
IRS990/AllOtherContributionsAmt0562661
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KEYSHA BAILEY
IRS990/BooksInCareOfDetail/PhoneNum02026272256
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0350 TWIN DOLPHIN DR 109
IRS990/BooksInCareOfDetail/USAddress/CityNm0REDWOOD CITY
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd094065
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt02453937
IRS990/CashNonInterestBearingGrp/EOYAmt03966107
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt04466869
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt017458629
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt019060932
IRS990/CYRevenuesLessExpensesAmt0-1316452
IRS990/CYSalariesCompEmpBnftPaidAmt07385624
IRS990/CYTotalExpensesAmt024844253
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt023527801
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/Desc0ROCKETSHIP DC RISE ACADEMY, A PUBLIC ELEMENTARY CHARTER SCHOOL AT 2335 RAYNOLDS PLACE SE IN WARD 8, CONTINUED TO INCREASE ITS ENROLLMENT. ROCKETSHIP LEGACY PREP, LOCATED AT 4250 MASSACHUSETTS AVE SE, ALSO CONTINUED TO INCREASE ITS ENROLLMENT SERVING MORE STUDENTS AND FAMILIES. LEGACY PREP ENROLLMENT WAS 597 IN FALL 2019 AND RISE ENROLLED 712 STUDENTS IN FALL 2019.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt0133
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt021563591
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt02543390
IRS990/FeesForServicesManagementGrp/TotalAmt02543390
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt06277629
IRS990/FeesForServicesOtherGrp/TotalAmt06277629
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1340.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1540.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1640.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1740.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1840.00
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1018891
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt118087
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1215773
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1320754
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1412194
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1516352
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1612962
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1715128
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt188580
IRS990/Form990PartVIISectionAGrp/PersonNm0JOLENE SLOTER
IRS990/Form990PartVIISectionAGrp/PersonNm1JUSTIN BAKEWELL
IRS990/Form990PartVIISectionAGrp/PersonNm2MICHAEL SPENCER
IRS990/Form990PartVIISectionAGrp/PersonNm3JEAN-CLAUDE BRIZARD
IRS990/Form990PartVIISectionAGrp/PersonNm4JUNE NWABARA
IRS990/Form990PartVIISectionAGrp/PersonNm5BARRY ROSENTHAL
IRS990/Form990PartVIISectionAGrp/PersonNm6JOSH RALES
IRS990/Form990PartVIISectionAGrp/PersonNm7SHAYNA HAMMOND
IRS990/Form990PartVIISectionAGrp/PersonNm8FINESSE GRAVES
IRS990/Form990PartVIISectionAGrp/PersonNm9PATRICIA COATES
IRS990/Form990PartVIISectionAGrp/PersonNm10PRESTON SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm11KEYSHA BAILEY
IRS990/Form990PartVIISectionAGrp/PersonNm12CHEYE CALVO
IRS990/Form990PartVIISectionAGrp/PersonNm13YUNGLYNN LIAO
IRS990/Form990PartVIISectionAGrp/PersonNm14CHRISTOPHER MURPHY
IRS990/Form990PartVIISectionAGrp/PersonNm15CAROLYN LYNCH
IRS990/Form990PartVIISectionAGrp/PersonNm16JOSHUA PACOS
IRS990/Form990PartVIISectionAGrp/PersonNm17LAURA KOZEL
IRS990/Form990PartVIISectionAGrp/PersonNm18JOSH DRAKE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10286895
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt11306000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt12219544
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt13228093
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt14188362
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt15127786
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt16123769
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt17177625
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt18164000
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt11CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt12CHIEF GROWTH AND COMMUNITY ENGAGEMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt13CHIEF TALENT OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt14VP COMMUNICATIONS & MARKET
IRS990/Form990PartVIISectionAGrp/TitleTxt15VP STRATEGY & SCALABILITY
IRS990/Form990PartVIISectionAGrp/TitleTxt16FOUNDING PRINCIPAL
IRS990/Form990PartVIISectionAGrp/TitleTxt17VP CAPITAL FINANCE
IRS990/Form990PartVIISectionAGrp/TitleTxt18SENIOR DIRECTOR SCHOOLS
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02014
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GovernmentGrantsAmt03904208
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt023527801
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt018378
IRS990/InsuranceGrp/TotalAmt018378
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt0173
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0DC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0ROCKETSHIP 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.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-1964816
IRS990/NetAssetsOrFundBalancesEOYAmt0-3281268
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt05865348
IRS990/OccupancyGrp/TotalAmt05865348
IRS990/OfficeExpensesGrp/ProgramServicesAmt0480925
IRS990/OfficeExpensesGrp/TotalAmt0480925
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0644970
IRS990/OtherAssetsTotalGrp/EOYAmt01500
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0697300
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0697300
IRS990/OtherExpensesGrp/Desc0DIRECT STUDENT COSTS
IRS990/OtherExpensesGrp/Desc1OTHER OPERATING EXPENSE
IRS990/OtherExpensesGrp/Desc2ADMINISTRATIVE FEE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0391116
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1213972
IRS990/OtherExpensesGrp/ProgramServicesAmt01554065
IRS990/OtherExpensesGrp/TotalAmt01554065
IRS990/OtherExpensesGrp/TotalAmt1391116
IRS990/OtherExpensesGrp/TotalAmt2213972
IRS990/OtherLiabilitiesGrp/BOYAmt05549019
IRS990/OtherLiabilitiesGrp/EOYAmt07086524
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt06227568
IRS990/OtherSalariesAndWagesGrp/TotalAmt06227568
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt0448242
IRS990/PayrollTaxesGrp/TotalAmt0448242
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt012514
IRS990/PensionPlanContributionsGrp/TotalAmt012514
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0870751
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0528357
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt046422
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt036531
IRS990/PrincipalOfficerNm0KEYSHA BAILEY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/BusinessCd2611600
IRS990/ProgramServiceRevenueGrp/Desc0PER PUPIL FUNDING
IRS990/ProgramServiceRevenueGrp/Desc1FACILITIES ALLOWANCE
IRS990/ProgramServiceRevenueGrp/Desc2OTHER STUDENT FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt015241852
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt13537092
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2281988
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt015241852
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt13537092
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2281988
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03140492
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt011553624
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt012167463
IRS990/PYRevenuesLessExpensesAmt0-630024
IRS990/PYSalariesCompEmpBnftPaidAmt04384355
IRS990/PYTotalExpensesAmt015937979
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt015307955
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-1316452
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt019060932
IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt024844253
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03335702
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt13750822
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYABLE TO ROCKETSHIP EDUCATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DEFERRED RENT
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt023527801
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FINANCIAL STATEMENT FOOTNOTE REGARDING FIN 48 (ASC 740) THE SCHOOL EVALUATES UNCERTAINTY IN INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN BASED ON A MORE-LIKELY-THAN-NOT RECOGNITION STANDARD. IF THAT THRESHOLD IS MET, THE TAX POSITION IS THEN MEASURED AT THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. AS OF JUNE 30, 2019 AND 2018, THERE ARE NO ACCRUALS FOR UNCERTAIN TAX POSITIONS. IF APPLICABLE, THE SCHOOL RECORDS INTEREST AND PENALTIES AS A COMPONENT OF INCOME TAX EXPENSE. TAX YEARS FROM 2016 THROUGH THE CURRENT YEAR REMAIN OPEN FOR EXAMINATION BY TAX AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt024844253
IRS990ScheduleD/TotalLiabilityAmt07086524
IRS990ScheduleD/TotalRevenuePerForm990Amt023527801
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt023527801
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt024844253
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd00
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0WE INCLUDE THIS INFORMATION IN THE LOTTERY MATERIALS & THE NSLP BID MATERIALS THAT WE PROCESS ANNUALLY.
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DOES NOT PROVIDE ANY SCHOLARSHIPS OR FINANCIAL ASSISTANCE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE E, PART I, LINE 4
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt60
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount60
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,532,495
Liabilities
$7,813,763
Net assets
-$3,281,268
Revenue
$23,527,801
Expenses
$24,844,253
Net income
-$1,316,452
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$126$129$2.98$45.1$44.4$0.71
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.5$14.2$3.70$41.2$43.0$1.83
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.27$11.1$1.87$36.0$35.1$0.87
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.88$9.62$2.74$28.9$28.4$0.54
2019Detailed filing. Detailed filing data is available for this year.$4.53$7.81$3.28$23.5$24.8$1.32
2019Summary only. Only limited summary data is available for this year.$4.53$7.81$3.28$23.5$24.8$1.32
2018Summary only. Only limited summary data is available for this year.$4.02$5.98$1.96$15.3$15.9$0.63
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.65$3.99$1.33$10.1$10.9$0.81
2016Detailed filing. Detailed filing data is available for this year.$1.91$2.43$0.53$1.98$2.01$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.25$0.75$0.50$0.25$0.75$0.50