Rocket Phonics Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Rocket Phonics Foundation assists in closing the reading achievement gap through the use of the Rocket Phonics reading program. We are a nonprofit whose current focus is literacy for 4 to 8-year-olds. For elementary students our objective is to bring a child to grade level or above. By 8 years-old, most children will decide their future based on their ability to read. If they are not reading at grade level, they will have a 50% unemployment rate for their adult life. If one learns how to read at grade level, (s)he will replace a cycle of poverty and abuse with cycles of hope, empowerment and success. Rocket Phonics, a series of reading games, can bring them to grade level in weeks instead of years.
- Income
- $165,679
- Spending
- $142,033
- Reserves
- 6 months of spending
- Largest source of income
- donations and private grants, 99%
Source: Form 990EZ for the year ending January 31, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 90 out of 100. Higher than 67% of charities in its peer group (education, under $250k).
Reserves
28 of 35Spendable reserves would cover 6.0 months of spending.
Debt
20 of 20It owes 2% of what it owns.
Living within its means
15 of 15Income exceeded spending by 14% of income.
Source: Form 990EZ for the year ending January 31, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending January 31, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $25,127 spent. Summer Reading Program - RPF runs a reading challenge program during the summer semester. Students voluntarily attend our program to receive free tutoring. Books are given away and students read to win awards. 5 Children were served.
- $56,537 spent. Winter Program - using the Winter FLORIDA ASSESSMENT of STUDENT THINKING Test (F.A.S.T.) the school site identifies student who qualify for reading tutoring.We start tutoring in January and stop after April. The school assesses the student's achievement at the end of the semester. 220 children were served.
- $43,973 spent. Fall Program - using the Fall FLORIDA ASSESSMENT of STUDENT THINKING Test (F.A.S.T.) the school site identifies student who qualify for reading tutoring.We start tutoring in September and stop before Winter break. The school assesses the student's achievement at the end of the semester. 261 children were served.
Source: Form 990EZ for the year ending January 31, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending January 2026.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 2020.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.