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
BELIEVE · calculation basis

BELIEVE Circle City High School — automation

A metric counts as automated when it was parsed, mapped, calculated and rated with no analyst intervention. The remainder required an accounting-treatment decision or a source-interpretation decision, each logged as an exception for the review meeting.

Headline figure
7 ÷ 9 = 77.8%
Rows shown in red are the items causing this measure to fall short of 100% — they are listed first.
Detail
BELIEVEFY2024-25Three-Year Aggregate Net Income($507,367) Partially validated across 2 of 3 yearsUnable to Validate($484,746)ASMISSING SOURCEOpen
BELIEVEFY2024-25Financial Reporting RequirementsUnable to independently validateUnable to ValidateDNMSDNMSMISSING SOURCEOpen
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
Automated 7 · analyst decision required 0 · not calculable 2.