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
MATCHBOOK · calculation basis

Matchbook Learning Schools of Indiana, Inc. — 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
6 ÷ 7 = 85.7%
Rows shown in red are the items causing this measure to fall short of 100% — they are listed first.
Detail
MATCHBOOKFY2024-25Debt DefaultCovenant violation with waiverMSNoMSREQUIRES HUMAN JUDGMENTOpen
MATCHBOOKFY2024-25Enrollment Variance104%MS104%MSEXACT MATCHOpen
MATCHBOOKFY2024-25Current Ratio4.77MS5.18 (FY2023-24 report)MSEXACT MATCHOpen
MATCHBOOKFY2024-25Days Cash on Hand21DNMS80 (FY2023-24 report)MSEXACT MATCHOpen
MATCHBOOKFY2024-25Debt-to-Asset Ratio0.65MS0.77MSEXACT MATCHOpen
MATCHBOOKFY2024-25Debt Service Coverage Ratio3.60MS13.05MSEXACT MATCHOpen
MATCHBOOKFY2024-25Financial AuditUnmodified; one significant deficiencyMSMSMSEXACT MATCHOpen
6 of 7 figures reproduce exactly or to published rounding.