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Charter school scandals of the day

Charter schools are by design a griftogenic environment, so operators are at their most creative in figuring out ways to benefit themselves:

October 12, 2018
Maricopa charter school closes with just days' notice; reports show over-spending | Education | pinalcentral.com
MARICOPA — Some Maricopa parents are rushing to find alternate schools to place their children in after one local charter school closed with just two days’ notice.
Source: www.pinalcentral.com

September 28, 2018
Ivy Prep Gwinnett, a former charter school icon, not re-opening
Leaders of Ivy Preparatory Academy have ceased all planning to re-open the Gwinnett County campus they'd temporarily closed
Source: www.ajc.com

August 23, 2018
A Palmdale charter school borrowed nearly $30 million to build a new campus. Then it got shut down
Founded in 2001, Guidance Charter School in Palmdale seemed like it was on stable footing when it issued more than $29.5 million in bonds to construct a brand new campus last year. Now it's been forced to shut down, though it's still on the hook for the debt.
Source: www.latimes.com

August 22, 2018
Primavera charter CEO gets $8.8M despite having Arizona's third-highest dropout rate
Primavera online charter school test scores lag state averages, and about half of its students drop out, but its CEO got an $8.8 million payout.
Source: www.azcentral.com

August 13, 2018
'A serious error': Charter official will return cash from insider deal
The Arizona Charter Schools Association will force its No. 2 executive to return cash from an insider deal after Republic investigation
Source: www.azcentral.com

July 11, 2018
Arizona charter school founder makes millions building his own schools
Deals at American Leadership Academy, an Arizona charter school chain, yielded at least $18 million in profits to Glenn Way's businesses.
Source: www.azcentral.com

May 7, 2018
At Basis charter schools, another way to boost teacher pay: Parent donations
Basis charter schools ask parents to give $1,500 per child to subsidize pay for teachers, who typically make thousands less than district schools.
Source: www.azcentral.com

March 1, 2018
Dozens of Arizona charter schools are at risk of closing due to financial woes
An  analysis of charter-school finances statewide shows dozens of schools could be  on the brink of financial ruin, and the state has little power.
Source: www.azcentral.com

January 30, 2018
Goodyear charter school abruptly closes, locking out hundreds of students
Discovery Creemos Academy, formerly the Bradley Academy of Excellence, notified parents via letter that the school was closing effective immediately.
Source: www.azcentral.com

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About the Data

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MN EDUCATION REFORM CORE

Great MN Schools $ 33,587,921
Teach for America Twin Cities $ 12,805,105
Minnesota Comeback CLOSED $ 11,139,019
Hiawatha Academies $ 11,095,449
KIPP Minnesota $ 7,093,764
Advancing Equity Coalition $ 6,349,594
Policy Innovators in Education Network Inc. (PIE Network) $ 6,069,789
Ed Allies $ 5,954,154
Educators 4 Excellence, Inc. $ 4,976,913
Charter School Partners CLOSED $ 4,871,464
Center of the American Experiment $ 4,291,071
MinnCAN CLOSED $ 4,155,592
Harvest Preparatory Charter School CLOSED $ 3,099,438
Our Turn, Inc., nee Students for Education Reform (SFER) $ 2,768,250
Education Evolving $ 2,600,750
Charlemagne Institute - nee Intellectual Takeout $ 2,250,260
Harvest Network of Schools CLOSED $ 1,692,256
The New Teacher Project $ 1,526,206
Minnesota Parent Union $ 1,239,340
Total: $ 127,566,335