Nonprofit · EIN 84-4543296
ROCKET PHONICS FOUNDATION INC
Tax-exempt · SARASOTA, FL 34231
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| January 31, 2026 | 990-EZ | $165,679 | $142,033 | $23,646 | $72,457 | $1,325 | $71,132 |
| January 31, 2025 | 990-EZ | $72,603 | $109,039 | -$36,436 | $49,352 | $1,866 | $47,486 |
| January 31, 2024 | 990-EZ | $125,090 | $108,288 | $16,802 | $83,922 | – | $83,922 |
Financial details: 990-EZ for the year ended January 31, 2026
Revenue
- Contributions, gifts and grants
- $164,733
- Investment income
- $946
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $88,360
- Printing, publications and postage
- $292
- Other expenses
- $53,381
- Program services (functional)
- $125,637
Balance sheet and other
- Total assets, start of year
- $49,352
- Total assets, end of year
- $72,457
- Total liabilities, end of year
- $1,325
- Net assets, end of year
- $71,132
- Cash, savings and investments
- $72,457
- Gross receipts
- $165,679
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended January 31, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Leslie Chislett | President | 20 | $0 |
| Stephen Guffanti | CEO & Secretary of the Board | 80 | $0 |
| Martha Mahoney | Treasurer | 5 | $0 |
990-EZ for the year ended January 31, 2025: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| William Bill Nease | Community Liason | 5 | $0 |
| Stephen Guffanti | CEO, Secretary & Treasurer | 80 | $0 |
| Martha L Mahoney | President | 15 | $0 |
990-EZ for the year ended January 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Stephen Guffanti | Sec/Treas | 80 | $0 |
| Melanie Griffith | Board President - outgoing | 5 | $0 |
| William Nease | Community Liason | 5 | $0 |
| Martha Mahoney | Board President - incoming | 20 | $0 |
Address and contacts
- Address (IRS master file)
- 7320 BOUNTY DR, SARASOTA, FL 34231-2427
- In care of
- % STEPHEN GUFFANTI
- Mailing address (990-N for 2020)
- 7320 Bounty Dr, Sarasota FL 34231
- Principal officer (990-N for 2020)
- Stephen Guffanti, 7320 Bounty Dr, Sarasota FL 34231
- Signed the 990-EZ
- Martha L Mahoney, Treasurer
- Phone
- (760) 613-8617
- Website
- www.rocketphonics.org
Mission
Rocket Phonics Foundation assists in closing the reading achievement gap through the use of the Rocket Phonics reading program. We are a nonprofit whose current focus is literacy for 4 to 8-year-olds. For elementary students our objective is to bring a child to grade level or above. By 8 years-old, most children will decide their future based on their ability to read. If they are not reading at grade level, they will have a 50% unemployment rate for their adult life. If one learns how to read at grade level, (s)he will replace a cycle of poverty and abuse with cycles of hope, empowerment and success. Rocket Phonics, a series of reading games, can bring them to grade level in weeks instead of years.
Program accomplishments
- Summer Reading Program - RPF runs a reading challenge program during the summer semester. Students voluntarily attend our program to receive free tutoring. Books are given away and students read to win awards. 5 Children were served.Expenses $25,127
- Winter Program - using the Winter FLORIDA ASSESSMENT of STUDENT THINKING Test (F.A.S.T.) the school site identifies student who qualify for reading tutoring.We start tutoring in January and stop after April. The school assesses the student's achievement at the end of the semester. 220 children were served.Expenses $56,537
- Fall Program - using the Fall FLORIDA ASSESSMENT of STUDENT THINKING Test (F.A.S.T.) the school site identifies student who qualify for reading tutoring.We start tutoring in September and stop before Winter break. The school assesses the student's achievement at the end of the semester. 261 children were served.Expenses $43,973
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in January, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | January 31, 2026 | June 15, 2026 | 990-EZ on file |
| 2024 | January 31, 2025 | June 16, 2025 | 990-EZ on file |
| 2023 | January 31, 2024 | June 17, 2024 | 990-EZ on file |
IRS record
- EIN
- 84-4543296
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2020
- Accounting year ends
- January
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $72,457
- Income (IRS master file)
- $165,679
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | January 2026 | $165,679 | $142,033 | $72,457 | IRS |
| 990-EZ | January 2025 | $72,603 | $109,039 | $49,352 | XML |
| 990-EZ | January 2024 | $125,090 | $108,288 | $83,922 | XML |
| 990-EZ | January 2023 | – | – | – | IRS |
| 990-EZ | January 2022 | – | – | – | IRS |
| 990-N for 2020 Officer: Stephen Guffanti | January 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 84-4543296).
Questions about ROCKET PHONICS FOUNDATION INC
- What is the EIN of ROCKET PHONICS FOUNDATION INC?
- The employer identification number (EIN) of ROCKET PHONICS FOUNDATION INC is 84-4543296.
- Is ROCKET PHONICS FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to ROCKET PHONICS FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ROCKET PHONICS FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ROCKET PHONICS FOUNDATION INC due?
- The return for tax year 2026 (the year ending January 31, 2027) is due June 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ROCKET PHONICS FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended January 2026.
- Who is the principal officer of ROCKET PHONICS FOUNDATION INC?
- The 990-N for 2020 names Stephen Guffanti.
- Who are the officers and directors of ROCKET PHONICS FOUNDATION INC?
- The 990-EZ for the year ended January 31, 2026 lists 3 people; 0 received compensation from the organization.
- How much revenue does ROCKET PHONICS FOUNDATION INC have?
- On its 990-EZ for the year ended January 31, 2026 it reported revenue of $165,679, expenses of $142,033 and total assets of $72,457 at year end.
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