2025-05-12T11:16:15-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 2210 EAST ROUTE 66 GLENDORA CA 91740 990 2023-07-01 900951861 ROCKETSHIP EDUCATION WISCONSIN INC ROCK 8778060920 2001 GATEWAY PLACE 230E SAN JOSE CA 95110 BENJAMIN CARSON CFO 8778060920 2025-05-04 1 1 DERRICK DEBRUYNE P00591016 6268577300 2025-03-27 2023 2025-03-06 01:10:19Z BENJAMIN CARSON 2001 GATEWAY PLACE 230E SAN JOSE CA 95110 10138693 0 X HTTPS://WWW.ROCKETSHIPSCHOOLS.ORG X 2012 WI ROCKETSHIP EDUCATION WISCONSIN OPERATES CHARTER SCHOOLS IN LOW-INCOME COMMUNITIES. 12 12 114 12 0 0 9115069 10092667 0 0 0 0 19009 46026 9134078 10138693 0 0 0 0 4728149 5946524 0 0 0 5666086 5058114 10394235 11004638 -1260157 -865945 8726935 9068226 12267655 13474891 -3540720 -4406665 X 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 9484688 31146 ROCKETSHIP EDUCATION WISCONSIN OPERATES ROCKETSHIP EDUCATION PUBLIC SCHOOLS. THESE SCHOOLS SERVE APPROXIMATELY 700 STUDENTS IN THE MILWAUKEE REGION. 9484688 1 0 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 0 1 0 0 0 1 0 0 114 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 1 0 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X BENJAMIN CARSON 8778060920 2001 GATEWAY PLACE 230E SAN JOSE CA 95110 BRIAN KILB CHAIR 2.00 X X 0 0 0 RALPH WEBER DIRECTOR 2.00 X 0 0 0 TIM SHEEHY DIRECTOR 2.00 X 0 0 0 KRISTEN LOZADA MORGAN DIRECTOR 2.00 X 0 0 0 KEN KUMBER DIRECTOR 2.00 X 0 0 0 QUENTIN PRINCE DIRECTOR 2.00 X 0 0 0 CHRISTIE CARRINO DIRECTOR 2.00 X 0 0 0 MIKE NGUYEN DIRECTOR 2.00 X 0 0 0 SKIP MCGREGOR DIRECTOR 2.00 X 0 0 0 DEBORAH MCGRIFF DIRECTOR 2.00 X 0 0 0 GISELA TERNER DIRECTOR 2.00 X 0 0 0 LOREN MORRIS DIRECTOR 2.00 X 0 0 0 PRESTON SMITH CEO 5.00 40.00 X 0 346451 20944 MATTHEW SHAW CFO (ENDED 06/2024) 5.00 40.00 X 0 320000 3249 BENJAMIN CARSON CFO (STARTED 06/2024)/LDC EXEC. DIR. 5.00 40.00 X 0 221676 8940 KADEEM LEON GILL EXECUTIVE DIRECTOR, MILWAUKEE 40.00 X 163200 0 12169 FAUSTO EVANS CHIEF OF STAFF, MILWAUKEE 40.00 X 106690 0 16915 269890 888127 62217 2 0 1 0 0 10076167 16500 10092667 LOCAL REVENUE 611710 46026 31146 14880 46026 10138693 31146 0 14880 4784782 4784782 84197 84197 704958 704958 372587 372587 1372390 1372390 20294 20294 815074 815074 2214 2214 228841 228841 164289 164289 1084545 1084545 72655 72655 60000 60000 67266 67266 59947 59947 STUDENT FOOD SERVICES 473950 473950 INSTRUCTIONAL MATERIALS 362753 362753 DISTRICT FEE 70742 70742 CAPITAL EXPENSES 28254 28254 174900 174900 11004638 9484688 1519950 0 195583 881485 343044 698248 291029 257614 413964 139288 319046 274676 7578233 6956203 8726935 9068226 159996 199226 12107659 13275665 12267655 13474891 X -3579174 -4406665 38454 0 -3540720 -4406665 8726935 9068226 -865945 0 X X 0 1 X 1 1 1 X 390012 126122 263890 23952 13166 10786 274676 OPERATING RIGHT OF USE LEASE ASSET 6862439 INTRACOMPANY RECEIVABLE 93764 6956203 INTRACOMPANY PAYABLE 6057952 LEASE LIABILITIES - OPERATING 7217713 13275665 X 10138693 0 10138693 0 10138693 11004638 0 11004638 0 11004638 PART X, LINE 2: REW IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON RELATED EXEMPT-FUNCTION INCOME UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION. REW DOES NOT CONSIDER ANY OF ITS SUPPORT AND REVENUES TO BE UNRELATED BUSINESS INCOME, AND ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. 1 1 1 1 0 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 4 THE ORGANIZATION DOES NOT PROVIDE ANY SCHOLARSHIPS OR FINANCIAL ASSISTANCE. SCHEDULE E, PART I, LINE 6 AS A PUBLIC CHARTER SCHOOL, ROCKETSHIP EDUCATION WISCONSIN IS ELIGIBLE FOR LOCAL, STATE AND FEDERAL FUNDING FOR ITS EDUCATION PROGRAMS. 0 0 0 0 0 0 0 0 0 PRESTON SMITH CEO 0 346451 0 0 0 0 0 2500 0 18444 0 367395 0 0 MATTHEW SHAW CFO (ENDED 06/2024) 0 320000 0 0 0 0 0 2500 0 749 0 323249 0 0 BENJAMIN CARSON CFO (STARTED 06/2024)/LDC EXEC. DIR. 0 221676 0 0 0 0 0 0 0 8940 0 230616 0 0 KADEEM LEON GILL EXECUTIVE DIRECTOR, MILWAUKEE 163200 0 0 0 0 0 2500 0 9669 0 175369 0 0 0 PART I, LINE 3 THE ORGANIZATION HAS A SERVICE AGREEMENT WITH ROCKETSHIP EDUCATION, RELATED ENTITY, AND THE CEO IS COMPENSATED BY THE RELATED ENTITY. THE METHODS USED BY THE RELATED ENTITY TO ESTABLISH COMPENSATION INCLUDE A WRITTEN EMPLOYMENT CONTRACT, COMPENSATION STUDY, AND APPROVAL BY THE BOARD. FORM 990, PART VI, SECTION A, LINE 6 ROCKETHSIP EDUCATION INC. IS THE SOLE MEMBER OF ROCKETSHIP EDUCATION WISCONSIN. FORM 990, PART VI, SECTION A, LINE 7B THE SOLE MEMBER, ROCKETSHIP EDUCATION INC., SHALL HAVE ALL STATUTORY RIGHTS AS A "MEMBER" OF THE CORPORATION AS DEFINED IN SECTION 181.0103(15) OF THE WISCONSIN STATUTES, INCLUDING, BUT NOT LIMITED TO, THE RIGHTS: (1) TO APPROVE THE DISSOLUTION AND LIQUIDATION OF THE CORPORATION; (2) TO APPROVE ANY PLAN OF MERGER FOR THE CORPORATION OR ANY AMENDMENT TO SUCH PLAN; (3) TO APPROVE THE SALE, LEASE, EXCHANGE, OR OTHER DISPOSITION OF ALL, OR SUBSTANTIALLY ALL, OF THE CORPORATION'S ASSETS; AND (4) TO INSPECT AND COPY ANY CORPORATE RECORDS (INCLUDING BY AN AGENT OR ATTORNEY). 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 BY THE OFFICERS TO IDENTIFY POTENTIAL CONFLICTS OF INTEREST. ANY QUESTIONS 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 RELATE 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 OFFICERS AND KEY EMPLOYEES' PAY IS DETERMINE BASED ON DATA PROVIDED BY EXTERNAL CHARTER MANAGEMENT ORGANIZATIONS AND THROUGH COMPARISON STUDIES OF OTHER CHARTER SCHOOLS. THE BOARD MUST VOTE TO APPROVE THE OFFICERS AND KEY EMPLOYEES' COMPENSATION AS A DIRECT ACTION. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE READILY AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. ROCKETSHIP EDUCATION 2001 GATEWAY PLACE STE 230E SAN JOSE CA 95110 204040597 CHARTER SCHOOL CA 501(C)3 LINE 2 ROCKETSHIP EDUCATION 0 LAUNCHPAD DEVELOPMENT COMPANY 2001 GATEWAY PLACE STE 230E SAN JOSE CA 95110 271813337 SUPPORTING CA 501(C)3 LINE 12A, I ROCKETSHIP EDUCATION 0 ROCKETSHIP EDUCATION DC PUBLIC 2001 GATEWAY PLACE STE 230E SAN JOSE CA 95110 473468345 CHARTER SCHOOL DC 501(C)3 LINE 2 ROCKETSHIP EDUCATION 0 0 0 0 0 1 0 0 0 0 0 1 0 1 1 1 0 0 0 1