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. — 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. 21 of 22 inputs for this school carry that coordinate. Open any row to view the highlighted source.

Headline figure
21 ÷ 22 = 95.5%
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_budget58534960S.pdfPDF p.20MediumOpen
Enrollment Varianceadm_fall61234960S.pdfPDF p.20MediumOpen
Enrollment Varianceadm_spring60534960S.pdfPDF p.20MediumOpen
Current Ratiocurrent_assets613000334960A.pdfPDF p.5HighOpen
Current Ratiocurrent_liabilities128430034960A.pdfPDF p.5HighOpen
Days Cash on Handcash_gross75484234960A.pdfPDF p.5HighOpen
Days Cash on Handtotal_expenses1376985534960A.pdfPDF p.6HighOpen
Days Cash on Handdepreciation36983234960A.pdfPDF p.9HighOpen
Debt Defaultdebt_noteDays-cash covenant violated; waiver obtained 9/12/202434960A.pdfPDF p.14MediumOpen
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_fy24434592834960A.pdfPDF p.6HighOpen
Three-Year Aggregate Net Incomenet_income_fy25421064834960A.pdfPDF p.6HighOpen
Debt-to-Asset Ratiototal_liabilities2002365234960A.pdfPDF p.5HighOpen
Debt-to-Asset Ratiototal_assets3096735734960A.pdfPDF p.5HighOpen
Debt Service Coverage Rationet_income_fy25421064834960A.pdfPDF p.6HighOpen
Debt Service Coverage Ratiodepreciation36983234960A.pdfPDF p.8HighOpen
Debt Service Coverage Ratiointerest_expense2000034960A.pdfPDF p.7HighOpen
Debt Service Coverage Ratioprincipal_payments2771734960A.pdfPDF p.8HighOpen
Debt Service Coverage Ratiointerest_paid2000034960A.pdfPDF p.19MediumOpen
Financial Auditaudit_opinionUnmodified34960A.pdfPDF p.3HighOpen
Financial Auditaudit_findingsSignificant deficiency — segregation of duties34960S.pdfPDF p.24HighOpen
1 input(s) lack a source coordinate and are disclosed rather than estimated.