2026-04-07T11:46:36-05:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP 901 VIA PIEMONTE SUITE 300 ONTARIO CA 91764 990 2024-07-01 204040597 ROCKETSHIP EDUCATION ROCK 8778060920 2001 GATEWAY PLACE 230E SAN JOSE CA 95110 BENJAMIN CARSON CFO 8778060920 2026-04-07 1 1 DERRICK DEBRUYNE P00591016 9099857286 2026-04-07 2024 2025-03-06 01:10:19Z BENJAMIN CARSON 2001 GATEWAY PLACE 230E SAN JOSE CA 95110 178105036 0 X HTTPS://WWW.ROCKETSHIPSCHOOLS.ORG X 2006 CA ROCKETSHIP EDUCATION IS A NATIONAL NON-PROFIT NETWORK OF PUBLIC ELEMENTARY CHARTER SCHOOLS SERVING LOW-INCOME COMMUNITIES WITH LIMITED ACCESS TO EXCELLENT SCHOOLS. 22 22 1396 350 0 0 176435050 169609170 0 0 2210264 2537397 8360161 5958469 187005475 178105036 0 0 0 0 98693528 102172607 0 0 513883 73123279 73887958 171816807 176060565 15188668 2044471 271375549 255253955 187943541 169777476 83432008 85476479 X ROCKETSHIP EDUCATION IS A NATIONAL NON-PROFIT NETWORK OF PUBLIC ELEMENTARY CHARTER SCHOOLS SERVING LOW-INCOME COMMUNITIES WITH LIMITED ACCESS TO EXCELLENT SCHOOLS. FOUNDED IN 2006, ROCKETSHIP EDUCATION IS A 501 (C)(3) NON-PROFIT CORPORATION WHOSE MISSION IS TO ELIMINATE THE ACHIEVEMENT GAP IN UNDERSERVED COMMUNITIES ACROSS THE COUNTRY. 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 CATALIZING A MOVEMENT TO ELIMINATE THE ACHIEVEMENT GAP IN OUR LIFETIME. 0 0 149056290 0 5933778 ROCKETSHIP EDUCATION MANAGES, OPERATES, AND PROMOTES A NETWORK OF PUBLIC ELEMENTARY CHARTER SCHOOLS SERVING APPROXIMATELY 10,000 STUDENTS IN HIGH NEED COMMUNITIES. ROCKETSHIP EDUCATION DIRECTLY OPERATES SCHOOLS IN CALIFORNIA AND TENNESSEE WITH APPROXIMATELY 7,600 STUDENTS. 149056290 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 201 0 1396 1 0 0 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X BENJAMIN CARSON 8778060920 2001 GATEWAY PLACE 230E SAN JOSE CA 95110 PRESTON SMITH CEO 40.00 10.00 X 317893 0 59582 LAMAR WADE CHIEF PEOPLE OFFICER 40.00 0.00 X 313116 0 31415 MARICELA GUERRERO EXECUTIVE DIRECTOR, CALIFO 40.00 0.00 X 225536 0 84331 MARIA HEREDIA CHIEF LEGAL OFFICER 40.00 0.00 X 274824 0 30450 BENJAMIN CARSON CFO 40.00 15.00 X 273284 0 15159 CHRISTOPHER MURPHY CHIEF COMMUNICATIONS OFFIC 40.00 0.00 X 230575 0 45871 KERRY FLANAGAN NATIONAL CHIEF OF STAFF 40.00 0.00 X 249124 0 0 LOUIS JORDAN BOARD PRESIDENT 2.00 0.00 X X 0 0 0 GREG STANGER BOARD SECRETARY 2.00 0.00 X X 0 0 0 ALEX TERMAN BOARD TREASURER 2.00 0.00 X X 0 0 0 DR RAYMOND RAVEN DIRECTOR 2.00 0.00 X 0 0 0 JOLENE SLOTER DIRECTOR 2.00 2.00 X 0 0 0 CHARMAINE DETWEILER DIRECTOR 2.00 0.50 X 0 0 0 DEBORAH MCGRIFF DIRECTOR 2.00 2.00 X 0 0 0 MICHAEL FOX DIRECTOR 2.00 0.00 X 0 0 0 DR DANIEL VELASCO DIRECTOR 2.00 0.00 X 0 0 0 YOLANDA BERNAL SAMANO DIRECTOR 2.00 0.00 X 0 0 0 MALKA BORREGO DIRECTOR 2.00 0.00 X 0 0 0 JULIE MILLER DIRECTOR 2.00 0.00 X 0 0 0 HUGO CASTANEDA DIRECTOR 2.00 0.00 X 0 0 0 MICHELLE MERCADO DIRECTOR 2.00 0.00 X 0 0 0 RAJEN SHETH DIRECTOR 2.00 0.00 X 0 0 0 DANIEL SANCHEZ DIRECTOR 2.00 0.00 X 0 0 0 BRIAN KILB DIRECTOR 2.00 2.00 X 0 0 0 APRIL TAYLOR DIRECTOR 2.00 0.00 X 0 0 0 JUNE NWABARA DIRECTOR 2.00 0.00 X 0 0 0 DEJA GIPSON DIRECTOR 2.00 0.00 X 0 0 0 TAMARA PETERSON DIRECTOR 2.00 0.00 X 0 0 0 DERWIN SISNETT DIRECTOR 2.00 0.50 X 0 0 0 1884352 0 266808 176 0 1 0 RLCL ACQUISITION LLC 3009 DICKERSON PIKE NASHVILLE TN 37207 STUDENT TRANSPORTATION 1300122 THE STEPPING STONES GROUP LLC 2586 TRAILRIDGE DR E STE 100 LAFAYETTE CO 80026 SPED CONSULTANTS 357305 ALEJANDRO SEVILLA 2400 AZURE PLACE FAIRFIELD CA 94534 EDUCATION CONSULTING 354350 CLIFTONLARSONALLEN LLP PO BOX 31001-2443 PASADENA CA 91110 AUDIT AND CONSULTING 330747 QUAD C LE HOLDINGS LLC PO BOX 18228 PALATINE IL 60055 EDUCATION SOFTWARE 295324 23 161893979 7715191 4000000 169609170 2537397 2537397 MANAGEMENT FEE 611110 5772244 5772244 MISC REVENUE 611110 161534 161534 UNIFORM SALES 611110 24691 24691 5958469 178105036 5933778 0 2562088 X 635812 635812 80564258 70435700 9727259 401299 7532446 7101526 425638 5282 9205497 8579376 587324 38797 4234594 3341945 861849 30800 489702 489702 257099 257099 24869839 20769701 4100138 235755 235755 3626148 2709871 911306 4971 2611568 1705768 905800 16503653 15826230 677423 3605266 1865744 1729125 10397 5258 5258 26156 26156 2375991 2375991 765127 330604 434523 795107 729800 65307 STUDENT FOOD SERVICES 5483222 5483222 INSTRUCTIONAL MATERIALS 3043814 3043710 104 OVERSIGHT FEES 1285706 1285706 PRINTING AND POSTAGE 237742 124444 111214 2084 7670805 4632658 3017998 20149 176060565 149056290 26490392 513883 11757929 4548681 67836917 66289583 909333 0 20494778 22748162 9995242 5860768 3548077 4089509 11867570 5099086 5497436 6768484 151335837 144948768 271375549 255253955 9591624 11215657 20534784 11364603 4550000 250000 153267133 146947216 187943541 169777476 X 82522675 85013825 909333 462654 83432008 85476479 271375549 255253955 2044471 0 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 0 1 60000 60000 0 PART II-B, LINE 1: DIRECT CONTACT WITH LEGISLATORS. 7366409 2505578 4860831 3103005 1702144 1400861 1398156 891364 506792 6768484 SECURITY DEPOSITS 453991 OPERATING RIGHT-OF-USE LEASE ASSET 144494777 144948768 ACCRUED INTEREST 219823 LEASE LIABILITIES - OPERATING 146727393 146947216 X PART X, LINE 2: ROCKETSHIP EDUCATION IS A NON-PROFIT ENTITY EXEMPT FROM THE PAYMENT OF INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND CALIFORNIA REVENUE AND TAXATION CODE SECTION 23701D. ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION; THEREFORE, NO DISCLOSURES OF UNCERTAIN INCOME TAX POSITIONS ARE REQUIRED. ROCKETSHIP EDUCATION FILES AN EXEMPT RETURN IN THE U.S. FEDERAL JURISDICTION AND WITH THE CALIFORNIA FRANCHISE TAX BOARD. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 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 6 AS A PUBLIC CHARTER SCHOOL, ROCKETSHIP RECEIVES A PER ADA FEE FROM THE CALIFORNIA DEPARTMENT OF EDUCATION FOR EVERY PUPIL ATTENDING THE SCHOOL. ADDITIONALLY, ROCKETSHIP IS ELIGIBLE FOR LOCAL, STATE, AND FEDERAL PROGRAMS ADDRESSING OUR STUDENT POPULATION. X X 0 0 0 0 0 0 0 0 0 PRESTON SMITH CEO 317893 0 0 0 0 0 23000 0 36582 0 377475 0 0 0 LAMAR WADE CHIEF PEOPLE OFFICER 313116 0 0 0 0 0 23000 0 8415 0 344531 0 0 0 MARICELA GUERRERO EXECUTIVE DIRECTOR, CALIFO 225536 0 0 0 0 0 51282 0 33049 0 309867 0 0 0 MARIA HEREDIA CHIEF LEGAL OFFICER 274824 0 0 0 0 0 30450 0 0 0 305274 0 0 0 BENJAMIN CARSON CFO 273284 0 0 0 0 0 7746 0 7413 0 288443 0 0 0 CHRISTOPHER MURPHY CHIEF COMMUNICATIONS OFFIC 230575 0 0 0 0 0 23000 0 22871 0 276446 0 0 0 KERRY FLANAGAN NATIONAL CHIEF OF STAFF 249124 0 0 0 0 0 0 0 0 0 249124 0 0 0 X 1 4000000 FMV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE ORGANIZATION'S OUTSIDE PUBLIC ACCOUNTING FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. ONCE A DRAFT OF THE RETURN IS AVAILABLE, IT IS REVIEWED BY MANAGEMENT WITH ANY CHANGES OR REVISIONS INCORPORATED INTO THE FILING. THE REVISED RETURN IS THEN SUBMITTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW PRIOR TO SUBMITTING TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C MONITORING IS PERFORMED REGULARLY BY THE OFFICERS TO IDENTIFY POTENTIAL CONFLICTS OF INTEREST. ANY QUESTION OF A CONFLICT IS ADDRESSED WITH THE INTERESTED PERSON, WHO IS REQUIRED TO DISCLOSE THE EXISTENCE OF ANY FINANCIAL INTEREST AND BE AFFORDED THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD AND EXECUTIVE DIRECTOR. IF A CONFLICT OF INTEREST IS IDENTIFIED, THE APPROPRIATE ACTION IS TAKEN, INCLUDING LIMITATIONS TO THE INDIVIDUAL'S INFLUENCE ON RELATED BUSINESS MATTERS. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S PAY IS DETERMINED BASED ON DATA PROVIDED BY EXTERNAL CHARTER MANAGEMENT ORGANIZATIONS AND THROUGH COMPARISON STUDIES OF OTHER CHARTER SCHOOLS. THE BOARD MUST VOTE TO APPROVE THE EXECUTIVE DIRECTOR'S COMPENSATION AS A DIRECT ACTION. THE CEO'S PAY IS DETERMINED BASED ON DATA PROVIDED BY EXTERNAL CHARTER MANAGEMENT ORGANIZATIONS AND THROUGH COMPARISON STUDIES OF OTHER CHARTER SCHOOLS. THE BOARD MUST VOTE TO APPROVE THE CEO'S COMPENSATION AS A DIRECT ACTION. FORM 990, PART VI, SECTION C, LINE 19 OUR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND BOARD FINANCIAL REPORTS ARE AVAILABLE UPON REQUEST. OUR ANNUAL AUDITED FINANCIAL STATEMENTS ARE POSTED ON OUR WEBSITE. FORM 990, PART IX, LINE 11G OTHER FEES FOR SERVICES: PROGRAM SERVICE EXPENSES 726,057. MANAGEMENT AND GENERAL EXPENSES 113,056. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 839,113. CONSULTING EXPENSES: PROGRAM SERVICE EXPENSES 15,434,466. MANAGEMENT AND GENERAL EXPENSES 3,962,835. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,397,301. CUSTODIAL SERVICES: PROGRAM SERVICE EXPENSES 1,630,894. MANAGEMENT AND GENERAL EXPENSES 24,247. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,655,141. CONTRACTED SUBSTITUTES: PROGRAM SERVICE EXPENSES 2,978,284. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,978,284. FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. LAUNCHPAD DEVELOPMENT COMPANY 2001 GATEWAY PLACE STE 230E SAN JOSE CA 95110 271813337 SUPPORTING CA 501C3 LINE 12A, I ROCKETSHIP EDUCATION 1 ROCKETSHIP EDUCATION WISCONSIN 2001 GATEWAY PLACE STE 230E SAN JOSE CA 95110 900951861 CHARTER SCHOOL WI 501C3 LINE 2 ROCKETSHIP EDUCATION 1 ROCKETSHIP EDUCATION DC PUBLIC 2001 GATEWAY PLACE STE 230E SAN JOSE CA 95110 473468345 CHARTER SCHOOL DC 501C3 LINE 2 ROCKETSHIP EDUCATION 1 0 0 0 1 0 0 0 0 0 0 1 1 0 1 1 0 1 1 0 LAUNCHPAD DEVELOPMENT COMPANY K 11252040 FMV LEASE ROCKETSHIP EDUCATION- WISCONSIN L 1492772 COST OF MANAGEMENT FEE ROCKETSHIP EDUCATION- DC L 4279474 COST OF MANAGEMENT FEE ROCKETSHIP EDUCATION- WISCONSIN D 1500000 LINE OF CREDIT ROCKETSHIP EDUCATION- DC R 2375991 MANAGEMENT FEE FORGIVENESS