2024-05-13T10:54:53-05:00 2023-06-30 571157523 APRIO LLP 111 ROCKVILLE PIKE SUITE 600 ROCKVILLE MD 20850 990 2022-07-01 473468345 ROCKETSHIP EDUCATION DC PUBLIC CHARTER ROCK 2026272256 2001 GATEWAY PLACE 230E SAN JOSE CA 95110 MATTHEW SHAW CFO, RSED 2026272256 2024-05-02 1 MATTHEW SHAW 999009999 0 STACY CULLEN P00974308 3012316200 2024-05-02 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z X MATTHEW SHAW 2001 GATEWAY PLACE 230E SAN JOSE CA 95110 45066377 0 X WWW.ROCKETSHIPSCHOOLS.ORG X 2014 DC A PUBLIC CHARTER SCHOOL WORKING TO ELIMINATE THE ACHIEVEMENT GAP IN PUBLIC EDUCATION. 9 9 253 11 0 0 11401918 9891121 29761716 35006276 2473 167079 0 1901 41166107 45066377 0 0 0 0 14788047 15164600 0 0 0 28209245 29187462 42997292 44352062 -1831185 714315 10515344 126469795 14211842 129451978 -3696498 -2982183 X 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. 0 0 37779709 35008177 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. ROCKETSHIP PREPARED IN FY2020-21, AND THEN SUCCESSFULLY OPENED ITS THIRD SCHOOL, ROCKETSHIP INFINITY COMMUNITY PREP, IN AUG 2021. ROCKETSHIP 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. 37779709 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 23 0 1 253 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X MATTHEW SHAW 2026272256 350 TWIN DOLPHIN DR SUITE 109 REDWOOD CITY CA 94065 PRESTON SMITH CEO 40.00 X 324947 0 18816 LAMAR WADE CHIEF PEOPLE OFFICER 40.00 X 308625 0 2849 CHRISTOPHER MURPHY CHIEF COMMUNICATIONS OFFICER 40.00 X 236730 0 15007 MATT SHAW CFO 40.00 X 226667 0 2500 MARIA HEREDIA CHIEF LEGAL OFFICER 40.00 X 245712 0 2500 CANDICE BOBO DC EXECUTIVE DIRECTOR 40.00 X 205118 0 8274 STEPHEN COLLER CHIEF STRATEGY OFFICER 40.00 X 184545 0 5669 ASHLEE WATSON DIRECTOR, SCHOOLS, DC 40.00 X 143469 0 10253 MARIELYS GARCIA CHIEF OF STAFF, DC 40.00 X 131632 0 2500 ANGEL MCNEIL DIRECTOR OF ACHIEVEMENT 40.00 X 139407 0 7195 JEANICE STEWART PRINCIPAL 40.00 X 134502 0 18357 JOEY SLOTER BOARD CHAIR 2.00 X X 0 0 0 BYRON JOHNSON BOARD MEMBER 2.00 X 0 0 0 JUSTIN BAKEWELL BOARD MEMBER 2.00 X 0 0 0 KAMUZU SAUNDERS BOARD MEMBER 2.00 X 0 0 0 MATTHEW AARON BOARD MEMBER 2.00 X 0 0 0 MELISSA MARTIN BOARD MEMBER 2.00 X 0 0 0 ZAKIYA SACKOR BOARD MEMBER 2.00 X 0 0 0 RENA JOHNSON BOARD MEMBER 2.00 X 0 0 0 NANA HANSON-HALL BOARD MEMBER 2.00 X 0 0 0 2281354 0 93920 15 0 1 0 STERLING SPEECH ASSOCIATES LLC 2509 NORTH CAPITOL STREET NE WASHINGTON DC 20002 SPED CONSULTANTS 479400 1 9783240 107881 9891121 PER PUPIL FUNDING 611600 29063202 29063202 FACILITIES ALLOWANCE 611600 5244909 5244909 OTHER STUDENT FEES 611600 698165 698165 35006276 167079 167079 MISCELLANEOUS 900099 1901 1901 1901 45066377 35008177 0 167079 X 1763674 1763674 10855418 10855418 105881 105881 1422279 1422279 1017348 1017348 5215195 5215195 60963 60963 9133453 9133453 669436 669436 100817 100817 10047093 10047093 134413 134413 119440 119440 DIRECT STUDENT COSTS 2565256 2565256 OTHER OPERATING EXPENSE 726020 726020 ADMINISTRATIVE FEE 377285 377285 BANK FEES/LATE CHARGES 24469 24469 13622 13622 44352062 37779709 6572353 0 3058094 4556333 2607545 1878800 4753153 5450399 73978 1347555 37220 22090 22574 15130 0 113221578 10515344 126469795 2044445 3753965 12167397 125698013 14211842 129451978 X -3696498 -3032183 50000 -3696498 -2982183 10515344 126469795 714315 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 37220 22090 15130 15130 RIGHT-OF-USE ASSETS - OPERATING 113139872 RIGHT-OF-USE ASSETS - FINANCE LEASES 81706 113221578 PAYABLE TO ROCKETSHIP EDUCATION 3671835 LEASE LIABILITY - OPERATING LEASES 121944472 LEASE LIABILITY - FINANCING LEASES 81706 125698013 X 45066377 0 45066377 0 45066377 0 0 0 0 0 PART X, LINE 2: THE SCHOOL EVALUATES UNCERTAINTY IN INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN BASED ON A MORE-LIKELY-THAN-NOT RECOGNITION STANDARD. IF THAT THRESHOLD IS MET, THE TAX POSITION IS THEN MEASURED AT THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. AS OF JUNE 30, 2023 AND 2022, THERE ARE NO ACCRUALS FOR UNCERTAIN TAX POSITIONS. IF APPLICABLE, THE SCHOOL RECORDS INTEREST AND PENALTIES AS A COMPONENT OF INCOME TAX EXPENSE. TAX YEARS FROM 2020 THROUGH THE CURRENT YEAR REMAIN OPEN FOR EXAMINATION BY TAX AUTHORITIES. 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 WE INCLUDE THIS INFORMATION IN THE LOTTERY MATERIALS & THE NSLP BID MATERIALS THAT WE PROCESS ANNUALLY. SCHEDULE E, PART I, LINE 4 THE ORGANIZATION DOES NOT PROVIDE ANY SCHOLARSHIPS OR FINANCIAL ASSISTANCE. 0 0 0 0 0 0 0 0 0 PRESTON SMITH CEO 324947 0 0 0 0 0 2500 0 16316 0 343763 0 0 0 LAMAR WADE CHIEF PEOPLE OFFICER 308625 0 0 0 0 0 2500 0 349 0 311474 0 0 0 CHRISTOPHER MURPHY CHIEF COMMUNICATIONS OFFICER 236730 0 0 0 0 0 2500 0 12507 0 251737 0 0 0 MATT SHAW CFO 226667 0 0 0 0 0 2500 0 0 0 229167 0 0 0 MARIA HEREDIA CHIEF LEGAL OFFICER 245712 0 0 0 0 0 2500 0 0 0 248212 0 0 0 CANDICE BOBO DC EXECUTIVE DIRECTOR 205118 0 0 0 0 0 0 0 8274 0 213392 0 0 0 STEPHEN COLLER CHIEF STRATEGY OFFICER 184545 0 0 0 0 0 2500 0 3169 0 190214 0 0 0 ASHLEE WATSON DIRECTOR, SCHOOLS, DC 143469 0 0 0 0 0 1987 0 8266 0 153722 0 0 0 JEANICE STEWART PRINCIPAL 134502 0 0 0 0 0 2500 0 15857 0 152859 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION HAS A SERVICE AGREEMENT WITH ROCKETSHIP EDUCATION, A RELATED ENTITY, WHICH PROVIDES OPERATIONAL AND ADMINISTRATIVE SUPPORT TO ORGANIZATION. INCLUDED IN THESE SERVICES PROVIDED ARE DATA, FINANCE, HR, OPERATIONS, RECRUITING AND TECHNOLOGY. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT AND PROVIDED TO BOARD MEMBERS BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE OFFICERS, DIRECTORS, AND TRUSTEES ALL SIGN THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND THE FINANCIAL STATEMENTS ARE READILY AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACTED INSTRUCTION FEES: PROGRAM SERVICE EXPENSES 9,133,453. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,133,453. FORM 990, PART XII, LINE 2C: THE AUDIT OVERSIGHT PROCESS HAS REMAINED UNCHANGED FROM THE PREVIOUS YEAR. LAUNCHPAD DEVELOPMENT ONE DC LLC 350 TWIN DOLPHIN DRIVE SUITE 109 REDWOOD CITY CA 94065 271813337 REAL ESTATE DE 0 0 LAUNCHPAD DEVELOPMENT COMPANY LAUNCHPAD DEVELOPMENT TWO DC LLC 350 TWIN DOLPHIN DRIVE SUITE 109 REDWOOD CITY CA 94065 271813337 REAL ESTATE DE 0 0 LAUNCHPAD DEVELOPMENT COMPANY LAUNCHPAD DEVELOPMENT THREE DC LLC 350 TWIN DOLPHIN DRIVE SUITE 109 REDWOOD CITY CA 94065 271813337 REAL ESTATE DE 0 0 LAUNCHPAD DEVELOPMENT COMPANY ROCKETSHIP EDUCATION 350 TWIN DOLPHIN DRIVE SUITE 109 REDWOOD CITY CA 94065 204040597 CHAPTER SC CA 501(C)(3) LINE 2 N/A 0 LAUNCHPAD DEVELOPMENT COMPANY 350 TWIN DOLPHIN DRIVE SUITE 109 REDWOOD CITY CA 94065 271813337 SUPPORTING CA 501(C)(3) LINE 12A, I ROCKETSHIP EDUCATION 0 ROCKETSHIP EDUCATION WISCONSIN INC 350 TWIN DOLPHIN DRIVE SUITE 109 REDWOOD CITY CA 94065 900951861 CHAPTER SC WI 501(C)(3) LINE 2 N/A 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0