Overview
What is Rocketship Education Wisconsin Inc?
Rocketship Education Wisconsin Inc is a 501(c)(3) nonprofit organization, established in 2006, dedicated to bridging the achievement gap in underserved communities across the nation. Based in Redwood City, California, they operate charter schools in low-income areas, specifically serving approximately 700 students in the Milwaukee region. The educational approach at Rocketship emphasizes personalized learning, where teachers utilize technology to tailor content and instruction methods to each student's needs. Parental engagement is a key component of their mission, aiming to create lifelong advocates for their children and the community. Collaborating with parents, community organizations, districts, and other charter schools, Rocketship Education Wisconsin Inc is actively contributing to the movement to minimize the achievement gap in our lifetime.
Official website here: www.rocketshipschools.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 81% - Three-Star out of Four Star Rating**
Rocketship Education Wisconsin Inc has achieved a Three-Star rating from Charity Navigator, indicating a solid performance in the realm of accountability and finance. With an impressive score of 81% for accountability and finance, the organization demonstrates strong practices in financial oversight and transparency. Notably, the charity receives full points for key policies such as conflict of interest, whistleblower protections, and maintaining documentation of board meeting minutes.
However, the organization faces challenges, particularly with its liabilities to assets ratio, which is notably high at 140.57%. This aspect could raise concerns about its fiscal sustainability. Additionally, the charity has not made its tax form available on its website, which detracts from its transparency, despite excelling in other accountability categories.
User reviews from GreatNonprofits are currently unavailable, which limits insight into the public's sentiment regarding the impact and effectiveness of this nonprofit. Overall, while Rocketship Education Wisconsin Inc demonstrates sound financial practices, potential donors and supporters may want to further investigate its operational integrity and community feedback.
This AI summary has been generated from information found on Charity Navigator.
Is Rocketship Education Wisconsin Inc legitimate?
Rocketship Education Wisconsin Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rocketship Education Wisconsin 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,784,782
For more financial information, click here
Official website here: www.rocketshipschools.org
What is the mission statement of Rocketship Education Wisconsin Inc?
Rocketship Education Wisconsin Inc, established in 2006, operates charter schools in low-income communities. As a 501(c)(3) non-profit corporation, its mission is to bridge the achievement gap in underserved communities nationwide. The educational approach at Rocketship Education is centered around a teacher-led, technology-supported model of personalized learning. This method ensures each student receives the appropriate content at the right time, utilizing the most effective instructional method.
Rocketship Education engages parents in their children's learning and school community. By doing so, they foster parents who become lifelong advocates for their children and their community. The organization collaborates with community organizations, districts, and other charter schools to create a movement aimed at eliminating the achievement gap within their lifetime.
Official website here: www.rocketshipschools.org
Who is the CEO of Rocketship Education Wisconsin Inc?
Preston Smith is the CEO of Rocketship Education Wisconsin Inc The CEO's salary of Rocketship Education Wisconsin Inc is $0 and their total compensation is $367,395.
Official website here: www.rocketshipschools.org
What is the revenue of Rocketship Education Wisconsin Inc?
Rocketship Education Wisconsin Inc's revenue in 2024 was $10,138,693.
Official website here: www.rocketshipschools.org
Who are the executives of Rocketship Education Wisconsin Inc and what are their salaries?
The average compensation at Rocketship Education Wisconsin Inc during 2024 was $41,972. There are 114 employees and 12 volunteers at Rocketship Education Wisconsin Inc.
Here are 17 key members and their salaries (Rocketship Education Wisconsin Inc's CEO's salary is $0 and their total compensation is $367,395):
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- Other: $12,169
- Compensation: $106,690
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- Other: $16,915
Official website here: www.rocketshipschools.org
Where can I find the form 990 for Rocketship Education Wisconsin Inc?
Rocketship Education Wisconsin Inc'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 Wisconsin Inc
Rocketship Education Wisconsin, established in 2006, is a 501(c)(3) non-profit organization with a mission to eradicate the achievement gap in underserved communities nationwide. At the heart of its instructional model is a teacher-led, technology-supported approach to personalized learning. This method ensures that each student is matched with the appropriate content and instructional method at the right time.
Beyond academic excellence, Rocketship Education Wisconsin deeply engages parents in their children's learning and the school community. By fostering these connections, the organization develops parents who become lifelong advocates for their children and their communities. Rocketship Education Wisconsin collaborates with parents, community organizations, districts, and other charter schools to catalyze a movement aimed at eliminating the achievement gap in their lifetime. This mission is carried out in a mission-driven and innovative manner, setting Rocketship Education Wisconsin apart as a force for change in education.
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Impact
July, 2024
Rocketship Education Wisconsin Inc's impact can be seen in their operation of charter schools in low-income communities in the Milwaukee region. Serving approximately 700 students, Rocketship Education Wisconsin focuses on bridging the achievement gap in underserved communities through innovative teaching methods and personalized learning approaches. By actively engaging parents in their children's education and fostering a supportive school community, Rocketship Education Wisconsin is not only improving academic outcomes but also nurturing lifelong advocates for students and their communities. Collaborating with parents, community organizations, districts, and other charter schools, Rocketship is contributing to a movement aimed at eliminating the achievement gap in underserved areas.
This information is meant to be a general summary of Rocketship Education Wisconsin 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Gross Receipts: $10,138,693
Assets and Liabilities:
- Total Assets: $2,327,616
- Total Liabilities: $4,608,179
- Net Assets: -$2,280,563
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Organization Details
Founding Year
2012
Principal Officer
Benjamin Carson
Website
www.rocketshipschools.orgNTEE Category
Code: B20 - Education
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