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Rocketship Education Dc Public Charter School Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 473468345 ✦ Redwood city, CA ✦ Designated as a 501(c)(3)

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Overview

What is Rocketship Education Dc Public Charter School Inc?

Rocketship Education Dc Public Charter School Inc is a non-profit corporation based in Redwood City, California, with a mission to eliminate the achievement gap in public education. They operate schools in underserved communities, including two elementary charter schools in Washington D.C. - Rocketship DC Rise Academy and Rocketship Legacy Prep. The organization has a strong enrollment, serving more students and families, and successfully opened a third school, Rocketship Infinity Community Prep, in August 2021. Their instructional model is teacher-led and technology-supported, focusing on personalized learning through content customization and appropriate methods. Parent engagement is a significant priority, with parents becoming lifelong advocates for their children and the community. Collaborating with community organizations, districts, and other charter schools, Rocketship catalyzes a movement to eliminate the achievement gap in education. Currently, they employ 243 individuals.


Official website here: www.rocketshipschools.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Rocketship Education DC Public Charter School Inc has earned an 81% rating, reflecting a solid commitment to accountability and finance. The rating is based entirely on its performance in this category, which includes various governance metrics and financial practices. The organization demonstrates strength in having a fully independent board and maintaining effective oversight of financial statements, contributing to its positive assessment.

Key strengths of the nonprofit include its high program expense ratio of 85.79%, indicating that a significant majority of its funds are directed towards its educational programs. Additionally, the charity has implemented several essential policies, such as conflict of interest and whistleblower protections, which enhance its operational integrity. These factors collectively support the organization’s commitment to transparency and responsible management.

However, while the charity scores well in many governance aspects, the focus on financial metrics alone might mask other areas where improvement could be beneficial. User feedback could provide insight into the effectiveness of its educational programs or community impact, areas that are not captured in the current financial scoring. Overall, Rocketship Education appears to be a well-managed organization with a strong financial foundation.


This AI summary has been generated from information found on Charity Navigator.

Is Rocketship Education Dc Public Charter School Inc legitimate?

Rocketship Education Dc Public Charter School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rocketship Education Dc Public Charter School Inc 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: $951,882
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,322,954

For more financial information, click here


Official website here: www.rocketshipschools.org

What is the mission statement of Rocketship Education Dc Public Charter School Inc?

Rocketship Education Dc Public Charter School is a non-profit organization dedicated to eliminating the achievement gap in public education. Through a teacher-led, technology-supported approach to personalized learning, the school matches students with the right content and instruction method. By deeply engaging parents in their child's education and the school community, Rocketship develops lifelong advocates for their children and the community. The organization collaborates with various entities to catalyze a movement toward eliminating the achievement gap in education.


Official website here: www.rocketshipschools.org

Who is the CEO of Rocketship Education Dc Public Charter School Inc?

Unavailable The CEO's salary of Rocketship Education Dc Public Charter School Inc is $293,518 and their total compensation is $308,725.


Official website here: www.rocketshipschools.org

What is the revenue of Rocketship Education Dc Public Charter School Inc?

Rocketship Education Dc Public Charter School Inc's revenue in 2022 was $41,166,107.


Official website here: www.rocketshipschools.org

Who are the executives of Rocketship Education Dc Public Charter School Inc and what are their salaries?

The average compensation at Rocketship Education Dc Public Charter School Inc during 2022 was $50,514. There are 243 employees and 11 volunteers at Rocketship Education Dc Public Charter School Inc.


Here are 19 key members and their salaries (Rocketship Education Dc Public Charter School Inc's CEO's salary is $293,518 and their total compensation is $308,725):


Joey Sloter (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Bakewell (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Martin (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Rosenthal (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kamuzu Saunders (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Aaron (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rahman Branch (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rashida Tyler (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rena Johnson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rose Waller (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zakiya Reid (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keysha Bailey (Cfo (Until 7/2021))
  • Compensation: $204,406
  • Related: $0
  • Other: $7,853
Matthew Shaw (Chief Financial Officer)
  • Compensation: $60,402
  • Related: $0
  • Other: $0
Preston Smith (Ceo)
  • Compensation: $293,518
  • Related: $0
  • Other: $15,207
Candice Bobo (Dc Executive Director)
  • Compensation: $183,918
  • Related: $0
  • Other: $7,614
Carolyn Lynch (Vp Operations)
  • Compensation: $211,222
  • Related: $0
  • Other: $16,113
Christopher Murphy (Chief Communications Officer)
  • Compensation: $214,548
  • Related: $0
  • Other: $14,692
Joyanna Smith (Dc Regional Director)
  • Compensation: $170,220
  • Related: $0
  • Other: $2,909
Yunglynn Liao (Chief Talent Officer)
  • Compensation: $250,282
  • Related: $0
  • Other: $21,753


Official website here: www.rocketshipschools.org

Where can I find the form 990 for Rocketship Education Dc Public Charter School Inc?

Rocketship Education Dc Public Charter School Inc's most recent form 990 was submitted in 2022 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 Dc Public Charter School Inc

Rocketship Education Dc Public Charter School Inc is a non-profit corporation dedicated to eliminating the achievement gap in public education. Their mission is to build a scalable and sustainable school model that propels student achievement in underserved communities. At the core of their instructional approach is a teacher-led, technology-supported methodology that customizes learning for each student through the right content and instructional methods.

The school engages parents deeply in their children's education and encourages them to become lifelong advocates for their children and their community. Rocketship Education fosters collaborations with parents, community organizations, districts, and other charter schools to catalyze a movement towards eliminating the achievement gap. By working together, they aim to make a significant impact on student achievement and bridge the gap in education for future generations.

In essence, Rocketship Education Dc Public Charter School Inc is on a mission to transform the educational landscape for underserved communities by providing a personalized learning experience tailored to each student. By empowering parents and fostering partnerships, they strive to create a collective force for change that will ultimately eliminate the achievement gap. Through their commitment to student success and a vision for a more equitable education system, Rocketship Education is making strides towards a future where all students reach their full potential.

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Impact




October, 2024

Rocketship Education DC Public Charter School Inc significantly impacts the educational landscape by actively working to eliminate the achievement gap in underserved communities. With three schools, including Rocketship DC Rise Academy, Rocketship Legacy Prep, and Rocketship Infinity Community Prep, it provides access to quality education for a growing number of students and families in Washington, D.C.

The school implements a unique educational model that combines teacher-led instruction with technology to personalize learning. This approach ensures that each student receives tailored content and instructional methods suited to their individual needs, enhancing their educational outcomes. Additionally, Rocketship emphasizes the importance of parental engagement, empowering families to become advocates for their children's education and fostering a supportive school community.

During challenging times, such as the transition to distance learning, Rocketship demonstrated resilience by ensuring that students had 1:1 access to technology and a comprehensive remote learning curriculum. This swift adaptation illustrates their commitment to maintaining educational continuity and support for families.

By collaborating with parents, community organizations, districts, and other charter schools, Rocketship is not only addressing immediate educational needs but also catalyzing a broader movement towards equity in education. Through these efforts, Rocketship Education DC Public Charter School is making a meaningful difference in the lives of students and their communities, striving to create lasting change in public education.




This information is meant to be a general summary of Rocketship Education Dc Public Charter School Inc. 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.

Revenue
$41,166,107 (2022)
Expenses
$42,997,292 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,473
  • Program Service Revenue: $29,761,716
  • Gross Receipts: $41,166,107

Assets and Liabilities:

  • Total Assets: $10,515,344
  • Total Liabilities: $14,211,842
  • Net Assets: -$3,696,498

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PER PUPIL FUNDING

Revenue

$23,802,459

FACILITIES ALLOWANCE

Revenue

$5,292,624

OTHER STUDENT FEES

Revenue

$666,633

Organization Details

Founding Year

2014

Main Address

350 TWIN DOLPHIN DR 109, REDWOOD CITY, CA, 94065

NTEE Category

Code: B29 - Education

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