Rocket Phonics Foundation Inc
- Assets
- $83.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sarasota, FL
- Founding
- Data as of
- 01/2024
- EIN
- 84-4543296
Organization Overview
Rocket Phonics Foundation Inc is located in Sarasota, FL. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rocket Phonics Foundation Inc 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 01/2024, Rocket Phonics Foundation Inc generated $125.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 25.7% each year . All expenses for the organization totaled $108.3k during the year ending 01/2024. While expenses have increased by 30.5% per year over the past 3 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Guffanti Sec/treas | 80 | $0 | |
Melanie Griffith Board President - Outgoing | 5 | $0 | |
William Nease Community Liason | 5 | $0 | |
Martha Mahoney Board President - Incoming | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $122,700 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,390 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $125,090 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $71,360 |
| Occupancy, rent, utilities, and maintenance | $852 |
| Printing, publications, postage, and shipping | $330 |
| Other expenses | $34,496 |
| Total expenses | $108,288 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $83,922 |
| Other assets | $0 |
| Total assets | $83,922 |
| Total liabilities | $0 |
| Net assets or fund balances | $83,922 |