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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:

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 $ 45,790,911
Teach for America Twin Cities $ 15,549,047
Hiawatha Academies $ 11,491,364
Minnesota Comeback CLOSED $ 11,139,019
KIPP Minnesota $ 7,563,064
Ed Allies $ 7,001,454
Policy Innovators in Education Network Inc. (PIE Network) $ 6,757,289
Educators 4 Excellence, Inc. $ 6,216,613
Center of the American Experiment $ 5,057,218
Charter School Partners CLOSED $ 4,871,464
MinnCAN CLOSED $ 4,180,592
The New Teacher Project $ 4,155,605
Education Evolving $ 3,280,750
Harvest Preparatory Charter School CLOSED $ 3,099,438
Our Turn, Inc., nee Students for Education Reform (SFER) $ 2,827,556
Charlemagne Institute - nee Intellectual Takeout $ 2,261,410
Harvest Network of Schools CLOSED $ 1,692,256
Minnesota Parent Union $ 1,494,340
Advancing Equity Coalition $ 826,594
Total: $ 145,255,984