Civic Intelligence

Rocket Phonics Foundation Inc.

990EZ • Fiscal year 2023 • EIN 84-4543296

Feb 01, 2022 to Jan 31, 2023 • Filed on Jul 26, 2023

7320 Bounty DriveSarasota, FL 34231

(760) 613-8617

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

86th percentile

38%

Higher net margin than 86% of similar nonprofits.

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

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

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

Asset Growth

95th percentile

172%

Faster asset growth than 95% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

87th percentile

77%

Faster revenue growth than 87% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$67,120

Up $42,484 (+172%) from 2022

Net Assets

Up

$67,120

Up $42,484 (+172%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$111,332

Up $48,419 (+77%) from 2022

Expenses

Up

$68,787

Up $20,038 (+41%) from 2022

Net Income

Up

$42,545

Up $28,381 (+200%) from 2022

Historical Trend

Balance Sheet Trend

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

$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

2023

Assets$67,120
Liabilities-
Net Assets$67,120

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2023

Revenue$111,332
Expenses$68,787
Net Income$42,545
Jump To
Filing Snapshot
Filing Period
Feb 1, 2022 to Jan 31, 2023
Signed
Jul 26, 2023
Return Version
2022v5.0
Gross Receipts
$111,332
Mission and Program Overview

Mission

Bring children to grade level reading

To bring children to grade-level reading

Program Services

DescriptionGrantsExpenses
ASSISTED REMEDIAL READERS AT CHURCH-AFFILIATED PRESCHOOLS AND SCHOOLS USING THE TEMPLETON GRANT AT 7 TEACHING SITES. 90% OF STUDENTS EXCEEDED EXPECTATIONS OR GETTING TO GRADE-LEVEL READING$55,000-
SUMMER - REACHED 108 STUDENTS CHANGED TESTS PRETEST - POST TEST NOT USEFUL SUNCOAST SUMMER READING CHALLENGE IS TO PREVENT READING LOSS OVER THE SUMMER - THE PATTERSON FOUNDATION$4,900$25,043
FALL - REACHED 53 STUDENTS. ELEMENTARY STUDENTS NOW GET THREE DIFFERENT TESTS WHICH SEEM UNRELATED. HOPEFULLY, THE NEW TESTS WILL STABILIZE AND CORRELATE TO GRADE LEVEL ACHIEVEMENT IN A YEAR OR TWO. IN TOTAL, OUR VOLUNTEERS TUTORED 318 STUDENTS THIS YEAR.-$21,519
SPRING - REACHED 157 STUDENTS. 90% OF PRESCHOOLERS MET OR EXCEEDED EXPECTATIONS. eLEMENTARY STUDENTS CHANGED FROM IREADY TO FAST - NO CORRELATION BETWEEN TESTS. SECOND TEMPLETON GRANT - TO PROVIDE FUNDS TO DEVELOP VOLUNTEERS TO IMPLEMENT ROCKET PHONICS IN SCHOOLS AND PRESCHOOLS$4,487$14,528
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MELANIE GRIFFINPresidentPT$0--
STEPHEN GUFFANTISecretary/TreasFT$0--
BILL NEASECommunityliasonPT$0--
Filing and Contact Details

Filer

Filer Name
Rocket Phonics Foundation Inc
EIN
84-4543296
Phone
7606138617
Address
7320 BOUNTY DRIVE, SARASOTA, FL 34231

Signing Officer

Name
Stephen Guffanti
Title
Secretary/Treas
Signed
2023-07-26
Discuss with paid preparer
Yes

Preparer

Firm
Robinson Gruters and Roberts
Address
133 Harbor Dr S, Venice, FL 34285
Preparer
Eric Robinson
Phone
9414887794
Supplemental Narrative

Additional Explanations

Other Expenses.1012

Insurance $1087

Other Expenses.1

Prog volunteer training $11000

Other Expenses.2

PROG MATERIAL-Educational kits $5754

Other Expenses.3

Prog travel expense $1847

Other Expenses.4

Volunteer reimbursement $1000

Other Expenses.5

Information technology $953

Other Expenses.6

Program advertising/promotion $790

Other Expenses.7

OFFICE SUPPLIES $550

Other Expenses.8

ENTERTAINMENT $241

Other Expenses.9

State of florida fees $137

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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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