Civic Intelligence

Rocket Phonics Foundation Inc

EIN 84-4543296 • 501(c)3 • Sarasota, FL

Profile

To bring children from Pre K - 5th grade to grade-level reading capability

7320 Bounty DrSarasota, FL 34231

www.rocketphonics.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

68th percentile

13%

Higher net margin than 68% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

79th percentile

25%

Faster asset growth than 79% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

66th percentile

12%

Faster revenue growth than 66% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets59th percentile

Assets

Down

$49,352

Down $34,570 (-41%) from 2024

Liabilities

$1,866

No earlier filing loaded for comparison.

Net Assets

Down

$47,486

Down $36,436 (-43%) from 2024

Operations
Liabilities / Revenue61st percentileNet Margin68th percentile

Revenue

Down

$72,603

Down $52,487 (-42%) from 2024

Expenses

Up

$109,039

Up $751 (+0.7%) from 2024

Net Income

Down

-$36,436

Down $53,238 (-317%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth79th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$100K$50K$0Assets 2022: $24,636Net Assets 2022: $24,6362022Assets 2023: $67,120Net Assets 2023: $67,1202023Assets 2024: $83,922Net Assets 2024: $83,9222024Assets 2025: $49,352Liabilities 2025: $1,866Net Assets 2025: $47,4862025

Highlighted filing

2025

Assets$49,352
Liabilities$1,866
Net Assets$47,486
Open 2025 Filing

Operations Trend

Revenue Growth66th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2022: $62,913Expenses 2022: $48,749Net Income 2022: $14,1642022Revenue 2023: $111,332Expenses 2023: $68,787Net Income 2023: $42,5452023Revenue 2024: $125,090Expenses 2024: $108,288Net Income 2024: $16,8022024Revenue 2025: $72,603Expenses 2025: $109,039Net Income 2025: -$36,4362025

Highlighted filing

2025

Revenue$72,603
Expenses$109,039
Net Income-$36,436
Open 2025 Filing

Filings

Most recent year

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

Open filing
Assets
$49,352
Liabilities
$1,866
Net assets
$47,486
Revenue
$72,603
Expenses
$109,039
Net income
-$36,436
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.49$0.02$0.47$0.73$1.09$0.36
2024Detailed filing. Detailed filing data is available for this year.$0.84$0.84$1.25$1.08$0.17
2023Detailed filing. Detailed filing data is available for this year.$0.67$0.67$1.11$0.69$0.43
2022Detailed filing. Detailed filing data is available for this year.$0.25$0.25$0.63$0.49$0.14
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Feb 1, 2024 to Jan 31, 2025
Signed
Feb 18, 2025
Return Version
2024v5.0
Gross Receipts
$72,603
Mission and Program Overview

Mission

Bring children to grade level reading

Tutor children who are below grade-level in reading, to get them to be at grade-level or beyond.

Program Services

DescriptionGrantsExpenses
Winter Program-a mid-year F.A.S.T. test is administered and children who are reading below grade-level are enrolled in our free tutoring program. 304 children were tutored privately.-$41,358
Fall Program-use F.A.S.T. test to identify children who are below grade-level in reading and set them up with a tutor. 266 children were tutored.-$36,762
Summer Program-Reading Challenge program is available to children during the summer school session. We tutor and read with the children. 101 children participated in this program.-$13,786
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
William Bill NeaseCommunity LiasonPT$0--
Stephen GuffantiCEO, Secretary & TreasurerFT$0--
Martha L MahoneyPresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Rocket Phonics Foundation Inc
EIN
84-4543296
Phone
5419031332
Address
7320 Bounty Dr, Sarasota, FL 34231

Signing Officer

Name
Martha L Mahoney
Title
President
Phone
5419031332
Signed
2025-02-18
Supplemental Narrative

Additional Explanations

Part 1 Line 10 Grants

“Grant given to a teen volunteer tutor for college”

Part 1 Line 16 Other Expenses - Non Program

“Non Program Expenses 1. Professional Videos for Presentations & Website $9,504 2. Fundraising Expenses (Giving Challenge) $1,976 3. Insurance $1,045 4. Bank Fees $170 5. Annual Fees $137”

Part 1 Line 16 Other Expenses - Program

“Program Expenses 1. Tutoring Kits for Volunteers $4,004 2. Volunteer - Training & Appreciation $4,822 3. Prizes, Rewards, Snacks for Children $333”

Raw XML Appendix169 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/OtherEmployeePaidOver100kCnt00
IRS990EZ/OtherExpensesTotalAmt021991
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IRS990EZ/PoliticalCampaignActyInd0false
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IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt141358
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt213786
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt01866
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
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IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0109039
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IRS990EZ/TotalRevenueAmt072603
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.rocketphonics.org
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt00
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IRS990ScheduleA/First5Years509Ind0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Grant given to a teen volunteer tutor for college
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Non Program Expenses 1. Professional Videos for Presentations & Website $9,504 2. Fundraising Expenses (Giving Challenge) $1,976 3. Insurance $1,045 4. Bank Fees $170 5. Annual Fees $137
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Program Expenses 1. Tutoring Kits for Volunteers $4,004 2. Volunteer - Training & Appreciation $4,822 3. Prizes, Rewards, Snacks for Children $333
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part 1 Line 10 Grants
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part 1 Line 16 Other Expenses - Program
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Martha L Mahoney
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum05419031332
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-02-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ROCKET PHONICS FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0ROCK
ReturnHeader/Filer/EIN0844543296
ReturnHeader/Filer/PhoneNum05419031332
ReturnHeader/Filer/USAddress/AddressLine1Txt07320 Bounty Dr
ReturnHeader/Filer/USAddress/CityNm0Sarasota
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd034231
ReturnHeader/ReturnTs02025-02-19T13:49:04Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-02-01
ReturnHeader/TaxPeriodEndDt02025-01-31
ReturnHeader/TaxYr02024

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