ROCKETSHIP EDUCATION DC PUBLIC CHARTER SCHOOL INC Charity Report

Public IRS 990 nonprofit record

ROCKETSHIP EDUCATION DC PUBLIC CHARTER SCHOOL INC

EIN 47-3468345 · Charter Schools (B29)

What they do

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 ROCKETSHIPS 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 STUDENTS 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.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $87.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders17 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

84.69%of revenue went to mission work87.4% of expenses · Program services

$96.85spent for every $100 of revenueRevenue covered expenses this year.

12.16%of revenue went to management and office costs12.6% of expenses

$3.14in assets for every $1 spent this yearSome assets cannot be spent right away.

92.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $201,210 for CANDICE BOBO (DIRECTOR, SCHOOLS, DC). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$41,356,060

Mission workProgram services$35,024,94584.69% of revenue87.4% of expenses

ManagementOffice and general costs$5,029,36412.16% of revenue12.6% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$1,301,7513.15% of revenueShown in gray on the chart

Total expenses$40,054,30996.85% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 87.4% mission · 12.6% management · 0.0% fundraisingTotal expenses: 96.85% of revenue

2023Expense mix: 86.5% mission · 13.5% management · 0.0% fundraisingTotal expenses: 98.39% of revenue

2022Expense mix: 85.2% mission · 14.8% management · 0.0% fundraisingTotal expenses: 98.41% of revenue

2021Expense mix: 86.6% mission · 13.4% management · 0.0% fundraisingTotal expenses: 104.45% of revenue

2020Expense mix: 85.6% mission · 14.4% management · 0.0% fundraisingTotal expenses: 97.57% of revenue

2019Expense mix: 85.9% mission · 14.1% management · 0.0% fundraisingTotal expenses: 98.13% of revenue

2018Expense mix: 86.8% mission · 13.2% management · 0.0% fundraisingTotal expenses: 105.60% of revenue

2017Expense mix: 86.9% mission · 13.0% management · 0.1% fundraisingTotal expenses: 104.12% of revenue

Money in and money out

Revenue$41,356,060

Expenses$40,054,309

Annual surplus $1,301,751 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$35,024,945 · 87.4% of expenses

Management and office costs$5,029,364 · 12.6% of expenses

See all reported dollar amounts

Revenue$41,356,060

Expenses$40,054,309

Assets$125,766,364

Income$41,356,060

Contributions$38,204,194

Mission work (program services)$35,024,945

Management and general$5,029,364

Executive compensation (total)$1,343,492

Accounting fees$32,961

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

CANDICE BOBODIRECTOR, SCHOOLS, DC · 40 hrs/week $201,210Base $193,825 · Other $7,385

ASHLEE WATSONREGIONAL DIRECTOR CULTURE · 40 hrs/week $171,534Base $151,136 · Other $20,398

LATOYA PETERSONPRINCIPAL · 40 hrs/week $170,794Base $160,148 · Other $10,646

ZAKIYA SACKORDIRECTOR, SCHOOLS, DC · 40 hrs/week $169,705Base $147,884 · Other $21,821

JEANICE STEWARTPRINCIPAL · 40 hrs/week $168,205Base $124,161 · Other $44,044

PRESTON SMITHCEO · 5 hrs/week $59,582Base · Other $59,582

BENJAMIN CARSONCFO · 5 hrs/week $15,159Base · Other $15,159

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (17)

CANDICE BOBODIRECTOR, SCHOOLS, DC

ASHLEE WATSONREGIONAL DIRECTOR CULTURE

LATOYA PETERSONPRINCIPAL

ZAKIYA SACKORDIRECTOR, SCHOOLS, DC

JEANICE STEWARTPRINCIPAL

PRESTON SMITHCEO

BENJAMIN CARSONCFO

JENNIFER MCMANUSDIRECTOR

JOLENE SLOTERDIRECTOR

JUSTIN BAKEWELLDIRECTOR

KAMUZU SAUNDERSTREASURER

LAUREN MARCUSDIRECTOR

MATT AARONDIRECTOR

MELISSA MARTINBOARD SECRETARY

NANA APENEM HANSON-HALLDIRECTOR

RACHEL TOMMELLEODIRECTOR

RENA JOHNSONCHAIR

About this charity

Recognized since: January 2016
Location: 350 TWIN DOLPHIN DR STE 109, REDWOOD CITY, CA 94065-1458
County: Santa Clara
In care of: % DECHERT LLP
Primary officer: BENJAMIN CARSON, CFO

How to reach them

WebsiteVisit the charity’s website Emailinfo@rsed.org Phone(202) 627-2256

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: CLIFTONLARSONALLEN LLP
NTEE classification: Charter Schools (B29)
IRS tax category: Charter Schools