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
GPA · calculation basis

Global Preparatory Academy, Inc. — replication accuracy

Replication accuracy asks one question: starting only from the source documents, can we reproduce the rating OEI published? The numerator is the number of independently calculated metrics whose rating equals the published rating (7). The denominator is the number of metrics we could calculate at all from the sources supplied (7 of 9 attempted). Excluded from the denominator: Three-Year Aggregate Net Income, Financial Reporting Requirements — the required source was not provided, so no independent figure exists and the published figure is never adopted in its place. A match here means the published number is reproducible — it does not mean the accounting basis behind it is agreed; basis questions are raised separately in Exceptions - Review Needed.

Headline figure
7 ÷ 7 = 100%
Detail
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
Result: 7 of 7 calculable metrics reproduce the published rating exactly → 100%.