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. — source evidence completeness

This measures evidence, not accuracy. Every number that enters a formula is counted as one input; an input is complete when it carries a page-level (PDF) or sheet/cell-level (Excel) coordinate back to a supplied document. 23 of 24 inputs for this school carry that coordinate. Open any row to view the highlighted source.

Headline figure
23 ÷ 24 = 95.8%
Rows shown in red are the items causing this measure to fall short of 100% — they are listed first.
Detail
Financial Reporting Requirementssubmission_logNot providedOpen
Enrollment Varianceenrollment_budget73034450S.pdfPDF p.21HighOpen
Enrollment Varianceadm_fall76134450S.pdfPDF p.22HighOpen
Enrollment Varianceadm_spring75834450S.pdfPDF p.22HighOpen
Current Ratiocurrent_assets880671434450A.pdfPDF p.4HighOpen
Current Ratiocurrent_liabilities59977334450A.pdfPDF p.4HighOpen
Days Cash on Handcash_gross834123734450A.pdfPDF p.4HighOpen
Days Cash on Handtotal_expenses1091119234450A.pdfPDF p.5HighOpen
Days Cash on Handinkind_expenses292307334450A.pdfPDF p.3HighOpen
Days Cash on Handdepreciation3834834450A.pdfPDF p.6HighOpen
Debt Defaultdebt_noteNote payable — current, no covenant violation34450A.pdfPDF p.13HighOpen
Debt Defaultsubsequent_eventsNo default disclosed34450A.pdfPDF p.17HighOpen
Three-Year Aggregate Net Incomenet_income_fy23FY2022-23 audited financial statements not in data room— not provided —PDF p.0LowOpen
Three-Year Aggregate Net Incomenet_income_fy24190657734450A.pdfPDF p.5HighOpen
Three-Year Aggregate Net Incomenet_income_fy25155501034450A.pdfPDF p.5HighOpen
Debt-to-Asset Ratiototal_liabilities67477334450A.pdfPDF p.4HighOpen
Debt-to-Asset Ratiototal_assets959308034450A.pdfPDF p.4HighOpen
Debt Service Coverage Rationet_income_fy25155501034450A.pdfPDF p.5HighOpen
Debt Service Coverage Ratiodepreciation3834834450A.pdfPDF p.7HighOpen
Debt Service Coverage Ratiointerest_expense162534450A.pdfPDF p.6HighOpen
Debt Service Coverage Ratioprincipal_payments5000034450A.pdfPDF p.7HighOpen
Debt Service Coverage Ratiointerest_paid162534450A.pdfPDF p.18HighOpen
Financial Auditaudit_opinionUnmodified34450A.pdfPDF p.2HighOpen
Financial Auditaudit_findingsNone reported34450S.pdfPDF p.25HighOpen
1 input(s) lack a source coordinate and are disclosed rather than estimated.