Nonprofit · EIN 87-3912378
ROCKET LEARNING FOUNDATION
Tax-exempt · CAMBRIDGE, MA 02138
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2025 | 990 | $8,585,153 | $5,494,586 | $3,090,567 | $10,359,030 | $39,882 | $10,319,148 |
| March 31, 2024 | 990 | $904,572 | $221,245 | $683,327 | $7,263,265 | $34,684 | $7,228,581 |
| December 31, 2023 | 990 | $4,770,906 | $121,241 | $4,649,665 | $6,561,212 | $15,615 | $6,545,597 |
Financial details: 990 for the year ended March 31, 2025
Revenue
- Contributions, gifts and grants
- $8,250,048
- Program service revenue
- $0
- Investment income
- $335,105
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $3,661,500
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $470,397
- Travel
- $62,716
- Depreciation
- $496,164
- Program services (functional)
- $5,400,926
- Management and general (functional)
- $93,660
Balance sheet and other
- Total assets, start of year
- $7,262,292
- Total assets, end of year
- $10,359,030
- Total liabilities, end of year
- $39,882
- Net assets, end of year
- $10,319,148
- Land, buildings and equipment
- $544
- Net assets without donor restrictions
- $8,417,442
- Net assets with donor restrictions
- $1,901,706
- Gross receipts
- $8,585,153
- Employees
- 0
- Year formed
- 2021
- State of legal domicile
- DE
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 for the year ended March 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Margo Tatgenhorst Drakos | Director Trustee or director | 1 | $0 |
| Namya Mahajan | Director Trustee or director | 40 | $0 |
| Lydia Chen | Director Trustee or director | 1 | $0 |
| Temina Mandon | Director Trustee or director | 1 | $0 |
990 for the year ended March 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Margo Tatgenhorst Drakos | President Officer | 1 | $0 |
| Bhavik Muni | Director Officer | 1 | $0 |
| Namya Mahajan | Executive Dir. Officer | 40 | $0 |
| Suneil Raghvan | Director Officer | 1 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Margo Drakos | President Trustee or director | 1 | $0 |
| Bhavik Muni | Director Trustee or director | 1 | $0 |
| Sanjana Puri | Director Trustee or director | 1 | $0 |
| Namya Mahajan | Executive Dir. Trustee or director, Officer | 40 | $0 |
Address and contacts
- Address (IRS master file)
- 56 LINNAEAN ST, CAMBRIDGE, MA 02138-1515
- In care of
- % NAMYA MAHAJAN
- Signed the 990
- Namya Mahajan, Director
- Phone
- (928) 961-9740
- Website
- www.rocketlearning.org
- Return prepared by
- Goossen CPA PC
Mission
Rocket Learning Foundations mission is to improve early childhood education outcomes in underserved communities in India by delivering evidence-based learning content and support to parents and caregivers through a mobile technology platform.
Program accomplishments
- Early childhood educationExpenses $5,400,926 · grants $3,661,500 · revenue $8,250,048
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 March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | Not on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990 on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990 on file |
IRS record
- EIN
- 87-3912378
- 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
- 2022
- Accounting year ends
- March
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $10,359,030
- Income (IRS master file)
- $8,585,153
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | March 2025 | $8,585,153 | $5,494,586 | $10,359,030 | IRS |
| 990 | March 2024 | $904,572 | $221,245 | $7,263,265 | XML |
| 990 | December 2023 | $4,770,906 | $121,241 | $6,561,212 | XML |
| 990 | December 2022 | $1,995,406 | $404,511 | $1,905,702 | IRS |
| 990 | December 2021 | – | – | – | IRS |
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 87-3912378).
Questions about ROCKET LEARNING FOUNDATION
- What is the EIN of ROCKET LEARNING FOUNDATION?
- The employer identification number (EIN) of ROCKET LEARNING FOUNDATION is 87-3912378.
- Is ROCKET LEARNING FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to ROCKET LEARNING FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ROCKET LEARNING FOUNDATION 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 LEARNING FOUNDATION due?
- The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ROCKET LEARNING FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended March 2025.
- Who are the officers and directors of ROCKET LEARNING FOUNDATION?
- The 990 for the year ended March 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does ROCKET LEARNING FOUNDATION have?
- On its 990 for the year ended March 31, 2025 it reported revenue of $8,585,153, expenses of $5,494,586 and total assets of $10,359,030 at year end.
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