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Nonprofiteer
← ROCKETSHIP EDUCATION WISCONSIN INC

Form 990 for tax year 2023

Filed by ROCKETSHIP EDUCATION WISCONSIN INC.

Totals

Total revenue
$10,138,693
Total expenses
$11,004,638
Contributions and grants received
$10,092,667
Grants paid
$0
Program services expenses (Part IX)
$9,484,688
Management and general expenses
$1,519,950
Fundraising expenses
$0
Program service expenses (Part III)
$9,484,688

Program services were 86.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • BRIAN KILB

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • RALPH WEBER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • TIM SHEEHY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • KRISTEN LOZADA MORGAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • KEN KUMBER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • QUENTIN PRINCE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • CHRISTIE CARRINO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • MIKE NGUYEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • SKIP MCGREGOR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • DEBORAH MCGRIFF

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • GISELA TERNER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • LOREN MORRIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • PRESTON SMITH

    CEO

    Total calculated
    $367,395
    From this org
    $0
    From related orgs
    $346,451
    Other
    $20,944
    Hours/week
    5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $346,451 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $2,500 related
    Nontaxable benefits
    $0 + $18,444 related
    Filer's total
    $0 + $367,395 related

  • MATTHEW SHAW

    CFO (ENDED 06/2024)

    Total calculated
    $323,249
    From this org
    $0
    From related orgs
    $320,000
    Other
    $3,249
    Hours/week
    5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $320,000 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $2,500 related
    Nontaxable benefits
    $0 + $749 related
    Filer's total
    $0 + $323,249 related

  • BENJAMIN CARSON

    CFO (STARTED 06/2024)/LDC EXEC. DIR.

    Total calculated
    $230,616
    From this org
    $0
    From related orgs
    $221,676
    Other
    $8,940
    Hours/week
    5 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $221,676 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $8,940 related
    Filer's total
    $0 + $230,616 related

  • KADEEM LEON GILL

    EXECUTIVE DIRECTOR, MILWAUKEE

    Total calculated
    $175,369
    From this org
    $163,200
    From related orgs
    $0
    Other
    $12,169
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $163,200
    Bonus
    $0
    Other
    $0
    Deferred
    $2,500
    Nontaxable benefits
    $9,669
    Filer's total
    $175,369

  • FAUSTO EVANS

    CHIEF OF STAFF, MILWAUKEE

    Total calculated
    $123,605
    From this org
    $106,690
    From related orgs
    $0
    Other
    $16,915
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
THE ORGANIZATION HAS A SERVICE AGREEMENT WITH ROCKETSHIP EDUCATION, RELATED ENTITY, AND THE CEO IS COMPENSATED BY THE RELATED ENTITY. THE METHODS USED BY THE RELATED ENTITY TO ESTABLISH COMPENSATION INCLUDE A WRITTEN EMPLOYMENT CONTRACT, COMPENSATION STUDY, AND APPROVAL BY THE BOARD.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
4 May 2025
IRS schema version
2023v6.0
Source object
202521329349302847

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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