School Year School-Specific Goals Result Rating All primary students will achieve annual individual growth goals in 93.9% ES mathematics on a yearly basis. 2013-2014 All students will develop the character strengths necessary to achieve 92% MS at a college-prep school. Overall, Christel House Academy South received a Meets Standard on the OEI performance framework and for the charter renewal rating. Core Question 2: Is the organization in sound fiscal health? The Financial Performance Framework, outlined in Core Question 2, gauges both near term financial health and longer term financial sustainability while accounting for key financial reporting requirements. It is worth noting that the Office of Education Innovation reorganized the performance framework in 2012, and some indicators may not have four years of complete data, or may be based on more than one measure of data. Financial Evaluation from 2010-2012 2.1. Is the school in sound financial health? The school presents concerns in three or more of the following areas: a) its state financial audits (e.g., presence of “significant its financial staffing and systems; c) its success in findings”); b) Does not meet standard achieving a balanced budget over the past three years; d) the adequacy of its projections of revenues and expenses for the next three years; e) its fulfillment of financial reporting requirements under Sections and 17 of the charter agreement. The school presents significant concerns in one or two of the following areas: a) its state financial audits (e.g., presence of its financial staffing and systems; c) its “significant findings”); b) Approaching standard success in achieving a balanced budget over the past three years; d) Indicator the adequacy of its projections of revenues and expenses for the Targets next three years; e) its fulfillment of financial reporting requirements under Sections and 17 of the charter agreement. The school presents significant concerns in no more than one of the following areas: a) its state financial audits (e.g., presence of its financial staffing and systems; c) its “significant findings”); b) success in achieving a balanced budget over the past three years; d) the adequacy of its projections of revenues and expenses for the Meets standard next three years; e) its fulfillment of financial reporting requirements under Sections and 17 of the charter agreement. In addition, if the school presents significant concerns in one area, it has a credible plan for addressing the concern that has been approved by the Office. Mayor’s
School Year School-Specific Goals Result Rating 2013-2014 All primary students will achieve annual individual growth goals in mathematics on a yearly basis. 93.9% ES All students will develop the character strengths necessary to achieve at a college-prep school. 92% MS Overall, Christel House Academy South received a Meets Standard on the OEI performance framework and for the charter renewal rating. Core Question 2: Is the organization in sound fiscal health? The Financial Performance Framework, outlined in Core Question 2, gauges both near term financial health and longer term financial sustainability while accounting for key financial reporting requirements. It is worth noting that the Office of Education Innovation reorganized the performance framework in 2012, and some indicators may not have four years of complete data, or may be based on more than one measure of data. Financial Evaluation from 2010-2012 2.1. Is the school in sound financial health? Indicator Targets Does not meet standard The school presents concerns in three or more of the following areas: a) its state financial audits (e.g., presence of “significant findings”); b) its financial staffing and systems; c) its success in achieving a balanced budget over the past three years; d) the adequacy of its projections of revenues and expenses for the next three years; e) its fulfillment of financial reporting requirements under Sections and 17 of the charter agreement. Approaching standard The school presents significant concerns in one or two of the following areas: a) its state financial audits (e.g., presence of “significant findings”); b) its financial staffing and systems; c) its success in achieving a balanced budget over the past three years; d) the adequacy of its projections of revenues and expenses for the next three years; e) its fulfillment of financial reporting requirements under Sections and 17 of the charter agreement. Meets standard The school presents significant concerns in no more than one of the following areas: a) its state financial audits (e.g., presence of “significant findings”); b) its financial staffing and systems; c) its success in achieving a balanced budget over the past three years; d) the adequacy of its projections of revenues and expenses for the next three years; e) its fulfillment of financial reporting requirements under Sections and 17 of the charter agreement. In addition, if the school presents significant concerns in one area, it has a credible plan for addressing the concern that has been approved by the Mayor’s Office.
Final_CHA.Charter.Renewal.Report.docx