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 — exact numeric matches

A numeric match means our recalculated figure equals the published OEI figure exactly, or to the rounding OEI published. This is a stricter test than rating replication: a metric can land in the same rating band while the figures differ. Rows below are the 7 calculable metrics with both figures side by side.

Headline figure
7 ÷ 7 = 100%
Detail
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
7 of 7 figures reproduce exactly or to published rounding.