Nsites · City of Indianapolis Charter School Intelligence Platform

OEI Financial Validation Lab

Nsites CQ2 calculation, source traceability & replication validation

Reviewer: Allan Bell - Nsites
Run sealed 04 Sep 2026 · 18:16 UTC
KPI drill-down

Rating matches

Metrics where the independently determined OEI rating equals the published rating. Rows below show every calculable metric with its rating on both sides.

Headline figure
20 / 21 · 95.2%
Rows shown in red are the items causing this measure to fall short of 100% — they are listed first.
Detail
MATCHBOOKFY2024-25Days Cash on Hand21DNMS80 (FY2023-24 report)MSEXACT MATCHOpen
BELIEVEFY2024-25Enrollment Variance100%MS100%MSEXACT MATCHOpen
BELIEVEFY2024-25Current Ratio1.31MS1.31MSEXACT MATCHOpen
BELIEVEFY2024-25Days Cash on Hand66MS66MSEXACT MATCHOpen
BELIEVEFY2024-25Debt DefaultNo defaultMSNoMSEXACT MATCHOpen
BELIEVEFY2024-25Debt-to-Asset Ratio0.97DNMS0.97DNMSEXACT MATCHOpen
BELIEVEFY2024-25Debt Service Coverage Ratio2.91MS2.91MSEXACT MATCHOpen
BELIEVEFY2024-25Financial AuditUnmodified, no material weaknessMSMSMSEXACT MATCHOpen
GPAFY2024-25Enrollment Variance104%MS104%MSEXACT MATCHOpen
GPAFY2024-25Current Ratio14.68MS14.68MSEXACT MATCHOpen
GPAFY2024-25Days Cash on Hand280MS280MSEXACT MATCHOpen
GPAFY2024-25Debt DefaultNo defaultMSNoMSEXACT MATCHOpen
GPAFY2024-25Debt-to-Asset Ratio0.07MS0.07MSEXACT MATCHOpen
GPAFY2024-25Debt Service Coverage Ratio30.90MS30.90MSEXACT MATCHOpen
GPAFY2024-25Financial AuditUnmodified, no findingsMSMSMSEXACT MATCHOpen
MATCHBOOKFY2024-25Enrollment Variance104%MS104%MSEXACT MATCHOpen
MATCHBOOKFY2024-25Current Ratio4.77MS5.18 (FY2023-24 report)MSEXACT MATCHOpen
MATCHBOOKFY2024-25Debt DefaultCovenant violation with waiverMSNoMSREQUIRES HUMAN JUDGMENTOpen
MATCHBOOKFY2024-25Debt-to-Asset Ratio0.65MS0.77MSEXACT MATCHOpen
MATCHBOOKFY2024-25Debt Service Coverage Ratio3.60MS13.05MSEXACT MATCHOpen
MATCHBOOKFY2024-25Financial AuditUnmodified; one significant deficiencyMSMSMSEXACT MATCHOpen
Rows shown in red are the metrics whose rating did not match the published rating.