Rocket Learning Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 873912378 ✦ Wilmington, DE ✦ Designated as a 501(c)(3)

Overview

What is Rocket Learning Foundation?

Rocket Learning Foundation is a nonprofit organization situated in Wilmington, Delaware, dedicated to promoting early childhood education for underprivileged children. They partner with institutions and organizations to offer age-appropriate, interactive learning content for pre-schoolers' teachers and parents. This collaborative approach fosters motivation and peer influence, inspiring teachers and parents to engage in educational activities with children and exchange feedback within the group. Their technology supports this process through real-time behavioral cues and incentives such as personalized report cards and awards, delivered through automation. The ultimate goal of Rocket Learning Foundation is to combat educational inequality by empowering caregivers with the necessary tools and skills, ultimately aiming for universal high-quality early learning institutions and ensuring every child under 6, regardless of their background, is prepared for school and life.


Official website here: www.rocketlearning.org

Is Rocket Learning Foundation legitimate?

Rocket Learning Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rocket Learning Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $43,350
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.rocketlearning.org

What is the mission statement of Rocket Learning Foundation?

The mission of Rocket Learning Foundation is centered around addressing the inequality faced by low-income children. They strive to accomplish this by equipping their caregivers with necessary tools and skills. The foundation's objective is to establish universally accessible high-quality early learning institutions through the implementation of results-driven solutions, capacity building, and technology. The primary goal is to provide equal, inclusive early childhood education to all children under the age of 6. This is achieved by providing parents and daycare workers with AIM, which stands for awareness, information, and motivation, to support the children's dreams and futures. The foundation seeks to eradicate inequality and ensure that children, regardless of their location or socio-economic status, are well-prepared for school and life, through partnerships, mass awareness, and a low-cost artificial intelligence and machine learning solution.


Official website here: www.rocketlearning.org

Who is the CEO of Rocket Learning Foundation?

Margo Drakos is the President of Rocket Learning Foundation.


Official website here: www.rocketlearning.org

What is the revenue of Rocket Learning Foundation?

Rocket Learning Foundation's revenue in 2022 was $1,995,406.


Official website here: www.rocketlearning.org

Who are the executives of Rocket Learning Foundation and what are their salaries?

Here are 5 key members and their salaries:

    Namya Mahajan (Executive Dir.) [Trustee/Director]
  • Compensation: $43,350
  • Related: $0
  • Other: $0

    • Margo Drakos (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bhavik Muni (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Suneil Raghvan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sanjana Puri (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.rocketlearning.org

    Where can I find the form 990 for Rocket Learning Foundation?

    The Rocket Learning Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.rocketlearning.org

    Learn more at the official website: www.rocketlearning.org

    Mission Statement of Rocket Learning Foundation

    Rocket Learning Foundation, a pioneering organization in the early childhood education sector, is committed to addressing the inequality faced by low-income children. By recognizing the vital role of caregivers, including parents and daycare workers, in a child's formative years, the foundation aims to equip them with the necessary tools and skills. Its mission is threefold: eradicating inequality, supporting high-quality early learning institutions, and building an expert organization in the early learning space.

    The foundation's primary objective is to ensure that every child under the age of six, regardless of their socio-economic status or location, has equal access to inclusive early childhood education. To achieve this, Rocket Learning Foundation employs a strategic approach, providing parents and caregivers with AIM: awareness, information, and motivation. This approach empowers caregivers to support their children's dreams and futures effectively.

    In addition, the foundation fosters partnerships and raises mass awareness to advocate for universal high-quality early learning institutions. By leveraging results-based solutions, capability building, and technology, Rocket Learning Foundation strives to strengthen existing early learning institutions and establish new ones. This holistic approach aims to eradicate inequality and ensure that all children are prepared for school and life, setting them on a path towards success.

    Impact

    This information is meant to be a general summary of Rocket Learning Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Rocket Learning Foundation's impact is significant in the field of early childhood education for underprivileged children. By building vibrant digital communities of parents and teachers, Rocket Learning supports the delivery of age-appropriate, play-based learning content to preschoolers. This innovative approach fosters social motivation and peer effects, incentivizing caregivers to engage in educational activities with children and share their progress with the community. Rocket Learning's technology provides real-time behavioral nudges and rewards, such as personalized report cards and medals, enhancing the learning experience. With demonstrated learning gains and a scalable model, Rocket Learning is working towards eradicating inequality in early childhood education and ensuring all children have equal access to quality learning experiences.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,355
  • Program Service Revenue: $0
  • Gross Receipts: $1,995,406

    • Assets and Liabilities:
  • Total Assets: $1,905,702
  • Total Liabilities: $9,626
  • Net Assets: $1,896,076
  • Organization Details

    Founding Year

    2021

    Principal Officer

    Margo Drakos

    Main Address

    605 GEDDES STREET, WILMINGTON, DE, 19805

    NTEE Category

    Code: B90 - Education

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