Report: How A Non-Profit Charter School Can Be Run For Profit

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How a non-profit charter school can be run for profit

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There are other ways to pull profits from these operations. Many charter schools are part of lucrative real estate deals. One audit in New York found that the Diocese of New York was renting a facility to NHA for $264,000 per year; National Heritage Academy sublet that space to its charter school $2.76 million. Jon Hage, CEO of Charter Schools USA, also owns Red Apple Development, whose website displays 66 CSUSA schools that Red Apple developed and, in most cases, owns and leases.

It’s also important to remember that these schools are paid for with taxpayer dollars. When Ron Packard collected $19 million as K12’s CEO, that was paid primarily taxpayer dollars.

 

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You set up the nonprofit and then a complementary company that charges or takes in the cash.

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Report: How A Non-Profit Charter School Can Be Run For Profit'For profit charters' and 'charters run for profit' may seem like a distinction without a difference, but the difference is that on is not legal in almost all states, and the other, as outlined in a new report, can be found from coast to coast. schools are fascism this is terrible news The most dangerous form of Christianity one can have is being morally reformed, but lack JESUS in the heart.
Source: Forbes - 🏆 394. / 53 Read more »

Report: How A Non-Profit Charter School Can Be Run For Profit'For profit charters' and 'charters run for profit' may seem like a distinction without a difference, but the difference is that on is not legal in almost all states, and the other, as outlined in a new report, can be found from coast to coast. Hi It's appalling that businesses are profiting from manipulating parents and children.
Source: Forbes - 🏆 394. / 53 Read more »