Financials
Financials
Financial Sustainability
Each Rocketship school reaches financial sustainability at full enrollment. Each region reaches sustainability when it scales to five to eight schools. Our Bay Area region is already financially sustainable, meaning that our existing schools and the regional team supporting them can operate solely on public funds.
We are on track to achieve organization-wide financial sustainability by 2020.
Statement of Financial Position
Thank You to Our Supporters
Authorizers
Rocketship couldn’t do this work without the partnership, support and expertise of our authorizers.
City of Milwaukee
District of Columbia Public Charter School Board
Franklin McKinley School District
Metro Nashville Public Schools
Redwood City School District
Santa Clara County Office of Education
Rocketship Board of Directors
Thank you to our board for their expertise and dedication. We are proud that all board members support our schools both strategically and financially.
Fred Ferrer | Chair
Alan Crites | Treasurer
Arra Yerganian | Secretary
Alex Hernandez
Alex Terman
Deborah McGriff
Greg Stanger
Joey Sloter
Louis Jordan
Mary Herald
Ralph Weber
Raymond Raven
Wisconsin Board of Directors
Ralph Weber | Chair
Denisha Tate
Garrett Bucks
Robert Montemayor
Tim Sheehy
DC Board of Directors
Joey Sloter | Chair
Barry Rosenthal
Jean-Claude Brizard
June Nwabara
Justin Bakewell
Michael Spencer
2014-15 Major Donors
Thank you to our donors for their generous support, which allows us to continue innovating across our network and growing to provide high-quality schools for more Rocketeers across the country.
$1,000,000+
Anonymous
Arthur & Toni Rembe Rock
Charter School Growth Fund
$500,000+
Reed Hastings & Patty Quillin
Tipping Point Community
$100,000+
Charles & Helen Schwab Foundation
CityBridge Foundation
John & Susan Carver
John & Catherine Debs
Ludwig Family Foundation
Stanley & Jolene Sloter Family Foundation
Tommy & Julie Frist
$25,000+
Anonymous
BMO Harris Bank
M&I Foundation
Perkins Malo Hunter Foundation
$5,000+
Anonymous
Argosy Foundation
Arzbaecher Family Foundation
Baird
Greg & Lisa Stanger
Herzfeld Foundation
John & Linda Mellowes
Jon & Ann Hammes
Louis & Lynda LL Jordan
Wilson Family Foundation
Rocketship is a nonprofit with the mission of eliminating the achievement gap in our lifetime. In 2014-15,
93% of our funding came from public sources as we continue on a path towards financial sustainability.
School-based expenses accounted for 84% of our spending, while the other 16% was spent on central school supports.