Rooted School
- Assets
- $2.1m
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 27
- Location
- New Orleans, LA
- Founding
- 03/2015
- Data as of
- 06/2022
- EIN
- 47-1901769
Organization Overview
Rooted School is located in New Orleans, LA. The organization was established in 2015. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 06/2022, Rooted School employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rooted School is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Rooted School generated $3.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 43.2% each year . All expenses for the organization totaled $3.5m during the year ending 06/2022. While expenses have increased by 46.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
WE EXIST TO PROVIDE OUR STUDENTS PERSONAL PATHWAYS TO FINANCIAL FREEDOM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ROOTED SCHOOL EXISTS TO PROVIDE PERSONAL PATHWAYS TO FINANCIAL FREEDOM. ROOTED SCHOOL IS ORGANIZED TO MANAGE AND OPERATE A PUBLIC CHARTER HIGH SCHOOL FOR 9 -12TH GRADE. DURING THE YEAR ENDED JUNE 30, 2022 THE ORGANIZATION SERVED APPROXIMATELY 180 STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Johnson Cdo And CEO | Officer | 40 | $117,230 |
Kaitlin Karpinski Executive Director | Officer | 40 | $94,522 |
Geda Jones Herbert Board President | OfficerTrustee | 1 | $0 |
Kyle Finke Board Member | Trustee | 1 | $0 |
Travis Chase Board Member | Trustee | 1 | $0 |
Sabrina Short Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Whole Village Art Theraphy Inc Mental Health Services | 6/29/22 | $128,921 |
Diggs Transportation Llc Bussing Transportation | 6/29/22 | $114,353 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,617,501 |
| All other contributions, gifts, grants, and similar amounts not included above | $200,070 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,817,571 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,883,835 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $251,803 |
| Compensation of current officers, directors, key employees. | $24,026 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,285,162 |
| Pension plan accruals and contributions | $39,332 |
| Other employee benefits | $130,834 |
| Payroll taxes | $112,659 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $89,234 |
| Fees for services: Accounting | $120,496 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $734,941 |
| Advertising and promotion | $17,335 |
| Office expenses | $11,487 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $278,773 |
| Travel | $50,359 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $32,385 |
| All other expenses | $0 |
| Total functional expenses | $3,451,253 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,219,173 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $807,312 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $43,306 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,069,791 |
| Accounts payable and accrued expenses | $123,905 |
| Grants payable | $0 |
| Deferred revenue | $27,390 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $151,295 |
| Net assets without donor restrictions | $1,918,496 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,069,791 |