Fiscal Scorecard
Each year, CPS rates all charter schools on several key metrics of financial health. Our school’s most recent available scorecard is linked here:
Annual Budget
Our fiscal year starts on July 1 and ends on June 30 of the following year. Our most recently completed fiscal year was FY24, which ended on June 30, 2024. Our total budget in FY24 was approximately $16.0M. We are projecting a $17.3M budget total in FY25.
Sources of Funding
The list below breaks down the various sources of our revenue. We are approximately 99.9% publicly funded via city/state/federal funding, mostly based on per-pupil formulas. Less than 0.1% of our funds are from other sources.
- Public Revenue SBB – 44%
- Public Revenue Non-SBB – 18%
- Public Revenue Facility Supplement – 13%
- Public Revenue SPED Funding – 9%
- Public Revenue ESSER III – 5%
- Public Revenue Supplemental Aid – 6%
- Public Revenue Title Funds – 4%
- Public Revenue ELL-State Bilingual Funds – 1%
- Miscellaneous – 0%
Primary Expenditures
The list below breaks down how we spent our funds in FY24.
- Direct Student Costs include curriculum, classroom supplies, educational materials, enrichment opportunities, special events (graduation, prom, etc.), student incentives, and meal services, among others.
- Personnel Costs are salaries, benefits, payroll taxes, etc. - all costs associated with the teachers and administrators who run the school.
- Administrative Fees are costs for educational services and school administrative services including, strategic instructional planning, compliance, training, curriculum acquisition and development, HR and Accounting Services.
- Occupancy Costs are the funds it takes to rent and maintain our school buildings.
- Office Administration Costs include auditing services, printers and copy machines, telecommunications, tech support, marketing and travel costs, and other expenses needed to run school offices and enable staff to do their jobs.
- Other Costs are primarily fees and memberships.
Capital Expenses are large investments we make in our facilities, equipment, and technology - e.g. in FY24, we completed upgrading the facilities, including upgrades to A/C units and Furniture and Fixtures, and purchased new student Chromebooks and laptops to upgrade our inventory.
- Direct Student Costs – 13%
- Personnel Costs – 50%
- Administrative Fees – 21%
- Occupancy Costs – 9%
- Office Administration Costs – 3%
- Other Costs – 1%
- Capital Expenses – 3%
