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:

FY24 Fiscal Scorecard for Pathways in Education – Illinois

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 FY25, which ended on June 30, 2025. Our total budget in FY25 was
approximately $17.3M. We are projecting a $18.6M budget total in FY26.

Sources of Funding

The list below breaks down the various sources of our revenue. We are approximately 99% publicly
funded via city/state/federal funding, mostly based on per-pupil formulas. Less than 2% of our
funds are from other sources.

• Public Revenue CIF – 52%
• Public Revenue Non-CIF – 15%
• Public Revenue Facility Supplement – 13%
• Public Revenue SPED Funding – 10%
• Public Revenue OST Funding – 1%
• Public Revenue Title Funds – 6%
• Public Revenue ELL-State Bilingual Funds – 1%
• Miscellaneous – 2%

Primary Expenditures

The list below breaks down how we spent our funds in FY25.

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 donations represent funds donated to provide
scholarships to students within the School’s Network and to support the development of educators
and efforts to reach additional at-risk students.

Capital Expenses are depreciation expenses which reflect the annual cost of using
long-term assets, such as buildings, equipment, computers, Chromebooks, furniture and fixtures
over time.

• Direct Student Costs – 10%
• Personnel Costs – 43%
• Administrative Fees – 18%
• Occupancy Costs – 9%
• Office Administration Costs – 3%
• Other Costs and Donations – 16%
• Capital Expenses – 1%