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Filing year 2023

ROCKETSHIP EDUCATION

San Jose, California·EIN 20-4040597·NTEE B29 · Education·501(c)(3)
Total revenue
$187M
Total assets
$271.4M
Total expenses
$171.8M
Reported officers
29
Mission

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.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at Education organizations in California.

CEO
Above 90th percentile
$367k
$402k
Base
$346k
Bonus
Other
Benefits
$18k
CFO (ended 06/2024)
Above 90th percentile
$323k
$354k
Base
$320k
Bonus
Other
Benefits
$749
Chief Legal Officer
Highest Compensated Employee
Above 90th percentile
$303k
$332k
Base
$300k
Bonus
Other
Benefits
$731
Chief People Officer
Highest Compensated Employee
Above 90th percentile
$298k
$326k
Base
$294k
Bonus
Other
Benefits
$905
Executive Director, California
75th to 90th percentile
$285k
$312k
Base
$267k
Bonus
Other
Benefits
$16k
Chief Strategy Officer
Highest Compensated Employee
75th to 90th percentile
$279k
$305k
Base
$266k
Bonus
Other
Benefits
$10k
Chief Communications Officer
Highest Compensated Employee
75th to 90th percentile
$267k
$292k
Base
$251k
Bonus
Other
Benefits
$13k
CFO (started 06/2024)/ldc Exec. Dir.
75th to 90th percentile
$231k
$252k
Base
$222k
Bonus
Other
Benefits
$9k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 21 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at ROCKETSHIP EDUCATION equaled 0.2% of the organization's total expenses. The median for education organizations is 7%.

This organization (2023)
0.2%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 7%
from 2022

From $344k in 2022 to $367k in 2023.

$344k
2022
$367k
2023
In today's dollarsEst.
Up 2% in real terms$392k to $402k

Estimated with BLS CPI-U for the West region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 7% from 2022 to 2023, while revenue rose 8%.

$344k in 2022 to $367k in 2023.
  • Chief Financial Officer pay rose 41% from 2022 to 2023.
  • Highest Compensated Employee pay fell 3% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about ROCKETSHIP EDUCATION

What does the Chief Executive Officer of ROCKETSHIP EDUCATION earn?

In 2023, the Chief Executive Officer of ROCKETSHIP EDUCATION received $367,395 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Education organizations in California: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at ROCKETSHIP EDUCATION compare with similar nonprofits?

Compared with the same role at Education organizations in California, the 2023 pay of the Chief Executive Officer at ROCKETSHIP EDUCATION falls in the top 10%. In 2023, the highest total compensation at ROCKETSHIP EDUCATION equaled 0.2% of the organization's total expenses. The median for education organizations is 7%.

What are ROCKETSHIP EDUCATION's revenue and expenses?

In 2023, ROCKETSHIP EDUCATION reported $187M in total revenue and $171.8M in total expenses on its IRS Form 990.

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