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. — metrics independently completed

Of the 9 CQ2 sub-indicators in scope for this school, 7 could be recalculated end-to-end from the audited statements, workbooks and supporting schedules provided. 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. Rows marked "Unable to Validate" are the gap, reported rather than filled.

Headline figure
7 of 9
Rows shown in red are the items causing this measure to fall short of 100% — they are listed first.
Detail
GPAFY2024-25Three-Year Aggregate Net Income$3,461,587 Partially validated across 2 of 3 yearsUnable to ValidateSee CQ2_Report_GPA_2024-25.pdfNot ratedMISSING SOURCEOpen
GPAFY2024-25Financial Reporting RequirementsUnable to independently validateUnable to ValidateMSMSMISSING SOURCEOpen
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
Calculable 7 · not calculable 2.