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
School drill-down

Matchbook Learning Schools of Indiana, Inc.

7 of 9 metrics independently completed · 6 exact numeric matches · 6 rating matches · 95.5% of formula inputs carry page- or cell-level source evidence. Open any row for the full calculation, inputs and evidence.

Headline figure
85.7% replication accuracy
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
MATCHBOOKFY2024-25Debt DefaultCovenant violation with waiverMSNoMSREQUIRES HUMAN JUDGMENTOpen
MATCHBOOKFY2024-25Three-Year Aggregate Net Income$8,556,576 Partially validated across 2 of 3 yearsUnable to Validate$4,378,601 (FY2021-23 window, 2023-24 report)MSMISSING SOURCEOpen
MATCHBOOKFY2024-25Financial Reporting RequirementsUnable to independently validateUnable to ValidatePer published reportNot ratedMISSING SOURCEOpen
MATCHBOOKFY2024-25Enrollment Variance104%MS104%MSEXACT MATCHOpen
MATCHBOOKFY2024-25Current Ratio4.77MS5.18 (FY2023-24 report)MSEXACT MATCHOpen
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 items holding this school below 100% on one or more measures.