Totals
- Total revenue
- $43,678,438
- Total expenses
- $42,973,424
- Contributions and grants received
- $41,616,239
- Grants paid
- $0
- Program service revenue
- $236,378
- Investment income
- $597,267
- Other revenue
- $1,228,554
- Total assets, end of year
- $129,899,579
- Total liabilities, end of year
- $132,176,748
- Net assets or fund balances, end of year
- -$2,277,169
- Program services expenses (Part IX)
- $37,178,475
- Management and general expenses
- $5,794,949
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $37,178,475
Program services were 86.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$41,593,774
-
1f · All other contributions, gifts and grants
$22,465
-
2a · Program service revenue: D.C AFTERCARE
total $236,378 · related or exempt $236,378
-
3 · Investment income
total $597,267 · excluded $597,267
-
6a · Gross rents
real property $651,960
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $651,960
-
6d · Net rental income or loss
total $651,960 · excluded $651,960
-
11a · Other revenue: MISCELLANEOUS
total $561,391 · excluded $561,391
-
11b · Other revenue: UNIFORM SALES
total $15,203 · related or exempt $15,203
-
11e · Other revenue, total
$576,594
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $11,616,837 · program services $11,616,837
-
8 · Pension plan contributions
total $1,432,276 · program services $1,432,276
-
9 · Other employee benefits
total $89,125 · program services $89,125
-
10 · Payroll taxes
total $877,007 · program services $877,007
-
11a · Fees: management
total $4,842,491 · management and general $4,842,491
-
11b · Fees: legal
total $9,686 · management and general $9,686
-
11c · Fees: accounting
total $69,779 · management and general $69,779
-
11g · Fees: other
total $11,038,627 · program services $11,038,627
-
13 · Office expenses
total $762,173 · program services $762,173
-
14 · Information technology
total $291,765 · program services $291,765
-
16 · Occupancy
total $8,492,150 · program services $8,492,150
-
17 · Travel
total $155,534 · program services $106,271 · management and general $49,263
-
22 · Depreciation, depletion and amortization
total $20,915 · program services $1 · management and general $20,914
-
23 · Insurance
total $135,769 · management and general $135,769
-
24a · Other expenses: STUDENT FOOD SERVICES
total $1,289,650 · program services $1,289,650
-
24b · Other expenses: INSTRUCTIONAL MATERIALS
total $1,024,404 · program services $1,024,404
-
24c · Other expenses: DISTRICT FEE
total $277,056 · management and general $277,056
-
24d · Other expenses: STAFF TRAINING AND DEVE
total $139,555 · program services $139,555
-
24e · All other expenses
total $408,625 · program services $18,634 · management and general $389,991
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $4,556,333 · end of year $2,886,140
-
2 · Savings and temporary cash investments
beginning of year $1,878,800 · end of year $4,787,832
-
3 · Pledges and grants receivable
beginning of year $5,450,399 · end of year $1,911,610
-
9 · Prepaid expenses and deferred charges
beginning of year $1,347,555 · end of year $2,047,186
-
10a · Land, buildings and equipment: cost or other basis
$137,924
-
10b · Land, buildings and equipment: accumulated depreciation
$43,004
-
10c · Land, buildings and equipment, net
beginning of year $15,130 · end of year $94,920
-
15 · Other assets
beginning of year $113,221,578 · end of year $118,171,891
-
17 · Accounts payable and accrued expenses
beginning of year $3,753,965 · end of year $907,203
-
25 · Other liabilities
beginning of year $125,698,013 · end of year $131,269,545
-
27 · Net assets without donor restrictions
beginning of year -$3,032,183 · end of year -$2,327,169
-
28 · Net assets with donor restrictions
beginning of year $50,000 · end of year $50,000
Mission and programs · 2023
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.
Activities or mission (Part I)
A PUBLIC CHARTER SCHOOL WORKING TO ELIMINATE THE ACHIEVEMENT CAP IN PUBLIC EDUCATION.
-
ROCKETSHIP DC RISE ACADEMY, A PUBLIC ELEMENTARY CHARTER SCHOOL AT 2335 RAYNOLDS PLACE SE IN WARD 8, AND ROCKETSHIP LEGACY PREP, LOCATED AT 4250 MASSACHUSETTS AVE SE, CONTINUED TO HAVE STRONG ENROLLMENT SERVING MORE STUDENTS AND FAMILIES. IN AUGUST 2021, ROCKETSHIP SUCCESSFULLY OPENED ITS THIRD SCHOOL, ROCKETSHIP INFINITY COMMUNITY PREP, AT 5450 3RD STREET NE, WASHINGTON, D.C. 20011. ROCKETSHIP DC WAS ALSO ABLE TO QUICKLY MOVE TO FULLY SERVE STUDENTS AND FAMILIES IN A DISTANCE LEARNING MODEL IN SPRING 2021 WITH STUDENTS HAVING 1:1 ACCESS TO REMOTE TECHNOLOGY, DISTANCE LEARNING CURRICULUM, AND FAMILY SUPPORTS.
Expenses $37,178,475 · Revenue $251,581
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Rena JohnsonRENA JOHNSON
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Melissa MartinMELISSA MARTIN
BOARD SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Kamuzu SaundersKAMUZU SAUNDERS
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Justin BakewellJUSTIN BAKEWELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Matt AaronMATT AARON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Joey SloterJOEY SLOTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Nana Apenem Hanson-HallNANA APENEM HANSON-HALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Lauren MarcusLAUREN MARCUS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Jennifer McManusJENNIFER MCMANUS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Preston SmithPRESTON 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 ShawMATTHEW SHAW
CFO OUTGOING
- 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 CarsonBENJAMIN CARSON
CFO
- 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
-
Candice BoboCANDICE BOBO
DC EXECUTIVE DIRECTOR
- Total calculated
- $230,999
- From this org
- $221,676
- From related orgs
- $0
- Other
- $9,323
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $221,676
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $9,323
- Filer's total
- $230,999
-
Ashlee WatsonASHLEE WATSON
DIRECTOR, SCHOOLS, DC
- Total calculated
- $160,491
- From this org
- $150,490
- From related orgs
- $0
- Other
- $10,001
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $150,490
- Bonus
- $0
- Other
- $0
- Deferred
- $2,500
- Nontaxable benefits
- $7,501
- Filer's total
- $160,491
-
Angel McNeilANGEL MCNEIL
DIRECTOR OF ACHIEVEMENT
- Total calculated
- $163,159
- From this org
- $153,839
- From related orgs
- $0
- Other
- $9,320
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $153,839
- Bonus
- $0
- Other
- $0
- Deferred
- $2,500
- Nontaxable benefits
- $6,820
- Filer's total
- $163,159
-
Jeanice StewartJEANICE STEWART
PRINCIPAL
- Total calculated
- $163,456
- From this org
- $141,993
- From related orgs
- $0
- Other
- $21,463
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $141,993
- Bonus
- $0
- Other
- $0
- Deferred
- $2,500
- Nontaxable benefits
- $18,963
- Filer's total
- $163,456
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, and on a Form 990-PF Part VIII's — 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
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.
-
LINE 2 · CHARTER SCHOOL · CA
-
LINE 12A, I · SUPPORTING · CA
Directly controlled by ROCKETSHIP EDUCATION
-
ROCKETSHIP EDUCATION WISCONSIN INC
LINE 2 · CHARTER SCHOOL · WI
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 30 April 2025
- IRS schema version
- 2023v6.0
- Source object
- 202511329349302536
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.