Overview
What is Rocketship Education?
Rocketship Education is a national non-profit network of public elementary charter schools focusing on serving low-income communities where access to excellent schools is limited. Founded in 2006, it is a 501(c)(3) organization that currently operates and manages approximately 10,000 students' education in California and Tennessee. Rocketship's mission is to eliminate the achievement gap in underserved communities across the country. Their instructional model is teacher-led and technology-supported, delivering personalized learning tailored to each student. By deeply engaging parents in their child's education and the school community, Rocketship creates lifelong advocates. Collaborating with parents, community organizations, districts, and other charter schools, they are catalyzing a movement to bridge the achievement gap. With a workforce of 1,294 employees, Rocketship Education is making a significant impact on education in high-need communities.
Official website here: www.rocketshipschools.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 83%, Three-Star out of Four Star rating.
Rocketship Education has received a commendable Three-Star rating, primarily due to its strong performance in accountability and finance, which garnered an impressive score of 90%. The organization demonstrates effective governance practices, with a fully independent board and robust financial oversight mechanisms. Their program expense ratio is also notable, showing that a significant portion of their budget is directed towards their educational initiatives.
In addition to financial accountability, Rocketship Education excels in promoting a positive organizational culture and community engagement, achieving a perfect score in this area. Their commitment to equity strategies is also highlighted, indicating a dedication to inclusive practices within their educational framework. This reflects an emphasis on creating equitable opportunities for students and families they serve.
However, while the overall ratings are positive, there are no specific limitations noted in the available data. This suggests that Rocketship Education is operating effectively but may benefit from continuous improvements to maintain and enhance their standards in both accountability and community involvement.
This AI summary has been generated from information found on Charity Navigator.
Is Rocketship Education legitimate?
Rocketship Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rocketship Education submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $947,024
Professional Fundraising Fees: $0
Other Salaries and Wages: $76,929,933
For more financial information, click here
Official website here: www.rocketshipschools.org
What is the mission statement of Rocketship Education?
Rocketship Education is a national network of public charter schools serving low-income communities with limited access to quality education. Founded in 2006 as a non-profit organization, Rocketship's mission is to eliminate the achievement gap in underprivileged areas across the country. The educational model employed by Rocketship is teacher-led and technology-supported, personalizing learning for each student with appropriate content and instruction methods. By actively engaging parents in their child's education and the school community, Rocketship fosters parents who become lifelong advocates for their children and their community. Collaborating with community organizations, districts, charter schools, and parents, Rocketship is driving a movement to bridge the achievement gap within our lifetime.
Official website here: www.rocketshipschools.org
Who is the CEO of Rocketship Education?
Preston Smith is the CEO of Rocketship Education The CEO's salary of Rocketship Education is $346,451 and their total compensation is $367,395.
Official website here: www.rocketshipschools.org
What is the revenue of Rocketship Education?
Rocketship Education's revenue in 2024 was $187,005,475.
Official website here: www.rocketshipschools.org
Who are the executives of Rocketship Education and what are their salaries?
The average compensation at Rocketship Education during 2024 was $52,762. There are 1476 employees and 350 volunteers at Rocketship Education.
Here are 29 key members and their salaries (Rocketship Education's CEO's salary is $346,451 and their total compensation is $367,395):
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- Compensation: $250,660
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- Other: $15,972
Official website here: www.rocketshipschools.org
Where can I find the form 990 for Rocketship Education?
Rocketship Education's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.rocketshipschools.org
Learn more at the official website: www.rocketshipschools.org
Mission Statement of Rocketship Education
Rocketship Education, a national non-profit network of public elementary charter schools, is dedicated to serving low-income communities with limited access to quality education. Established in 2006, this 501(c)(3) organization's mission is to bridge the achievement gap in underprivileged communities across the country. At the heart of Rocketship Education's instructional model lies a teacher-led, technology-supported approach to personalized learning. With the right content, delivered at the right time, and employing the most effective teaching methods, the organization ensures each student receives a customized educational experience.
Rocketship Education goes beyond academics by deeply engaging parents in their child's learning and the school community. Through this involvement, parents transform into lifelong advocates for their children and their community. Collaborating with parents, community organizations, districts, and other charter schools, Rocketship Education is catalyzing a movement to eliminate the achievement gap in our lifetime. By working together, Rocketship Education is making a difference in the lives of students and paving the way for a future where every child has access to an excellent education.
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Impact
October, 2024
Rocketship Education has made a significant impact in addressing educational disparities in underserved communities. By operating a network of public elementary charter schools primarily designed for low-income students, Rocketship serves approximately 10,000 children in areas where access to high-quality education is limited.
Central to Rocketship's approach is a combination of personalized learning and active parental engagement. By utilizing a teacher-led and technology-supported instructional model, they tailor educational experiences to meet the specific needs of each student. This method ensures that children receive the right content at the right time, enhancing their learning outcomes.
Moreover, Rocketship places a strong emphasis on involving parents in the educational process. This engagement not only fosters a deeper connection between families and schools but also empowers parents to become lifelong advocates for their children's education and the broader community. By working collaboratively with parents, community organizations, and educational districts, Rocketship cultivates a movement aimed at eliminating the achievement gap, striving for a future where every child has equal access to quality education.
The success of Rocketship Education lies in its holistic approach, combining innovative teaching methods with community involvement to create sustainable change in education equity.
This information is meant to be a general summary of Rocketship Education. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $2,210,264
- Gross Receipts: $187,005,475
Assets and Liabilities:
- Total Assets: $74,996,773
- Total Liabilities: $22,037,389
- Net Assets: $52,959,384
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Organization Details
Founding Year
2006
Principal Officer
Benjamin Carson
Website
www.rocketshipschools.orgNTEE Category
Code: B29 - Education
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