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. — rating matches

Each recalculated figure is scored against the OEI threshold table for its metric to produce an independent rating (Exceeds / Meets / Does Not Meet). A rating match means our independently derived rating equals the rating OEI published for the same period. Where no OEI report exists for the period we calculated, the metric cannot register a match and is shown as such.

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
MATCHBOOKFY2024-25Days Cash on Hand21DNMS80 (FY2023-24 report)MSEXACT MATCHOpen
MATCHBOOKFY2024-25Enrollment Variance104%MS104%MSEXACT MATCHOpen
MATCHBOOKFY2024-25Current Ratio4.77MS5.18 (FY2023-24 report)MSEXACT MATCHOpen
MATCHBOOKFY2024-25Debt DefaultCovenant violation with waiverMSNoMSREQUIRES HUMAN JUDGMENTOpen
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 ratings agree.