Form 990-EZ for tax year 2025
Filed by ROCKET PHONICS FOUNDATION INC.
Totals
- Total revenue
- $165,679
- Total expenses
- $142,033
- Contributions and grants received
- $164,733
- Grants paid
- not reported
- Program service revenue
- not reported
- Membership dues (line 3)
- not reported
- Investment income (line 4)
- $946
- Gain or loss on sale of assets (line 5c)
- not reported
- Gaming and fundraising events, net (line 6d)
- not reported
- Gross profit on inventory sales (line 7c)
- not reported
- Other revenue (line 8)
- not reported
- Total assets, end of year
- $72,457
- Total liabilities, end of year
- $1,325
- Net assets or fund balances, end of year
- $71,132
- Program service expenses (Part III)
- $125,637
Program services were 88.5% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.
Mission and programs · 2025
Primary exempt purpose
Rocket Phonics Foundation assists in closing the reading achievement gap through the use of the Rocket Phonics reading program. We are a nonprofit whose current focus is literacy for 4 to 8-year-olds. For elementary students our objective is to bring a child to grade level or above. By 8 years-old, most children will decide their future based on their ability to read. If they are not reading at grade level, they will have a 50% unemployment rate for their adult life. If one learns how to read at grade level, (s)he will replace a cycle of poverty and abuse with cycles of hope, empowerment and success. Rocket Phonics, a series of reading games, can bring them to grade level in weeks instead of years.
-
Summer Reading Program - RPF runs a reading challenge program during the summer semester. Students voluntarily attend our program to receive free tutoring. Books are given away and students read to win awards. 5 Children were served.
Expenses $25,127
-
Winter Program - using the Winter FLORIDA ASSESSMENT of STUDENT THINKING Test (F.A.S.T.) the school site identifies student who qualify for reading tutoring.We start tutoring in January and stop after April. The school assesses the student's achievement at the end of the semester. 220 children were served.
Expenses $56,537
-
Fall Program - using the Fall FLORIDA ASSESSMENT of STUDENT THINKING Test (F.A.S.T.) the school site identifies student who qualify for reading tutoring.We start tutoring in September and stop before Winter break. The school assesses the student's achievement at the end of the semester. 261 children were served.
Expenses $43,973
As filed on the 2025 return.
Listed in Part IV
-
Leslie Chislett
President
- Total calculated
- $0
- Compensation
- $0
- Benefit plans
- not reported
- Expense account
- not reported
- Hours/week
- 20
-
Stephen Guffanti
CEO & Secretary of the Board
- Total calculated
- $0
- Compensation
- $0
- Benefit plans
- not reported
- Expense account
- not reported
- Hours/week
- 80
-
Martha Mahoney
Treasurer
- Total calculated
- $0
- Compensation
- $0
- Benefit plans
- not reported
- Expense account
- not reported
- Hours/week
- 5
Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, 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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990_ez
- Tax year
- 2025
- Filed
- 11 May 2026
- IRS schema version
- 2025v4.0
- Source object
- 202621319349201907
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