Three-Year Aggregate Net Income

Three-School Matrix / MATCHBOOK / FY2024-25 / Three-Year Aggregate Net Income

Matchbook Learning Schools of Indiana, Inc. · FY2024-25 · Annual Audited · Calculation level: Network

Sum of change in net assets over the three most recent audited years.

Formula: Σ change in net assets (3 years)

Meets Standard: Positive aggregate MS · negative aggregate DNMS

result

$8,556,576 Partially validated across 2 of 3 years

Unable to Validate

Published OEIresult

$4,378,601 (FY2021-23 window, 2023-24 report)

Status

MISSING SOURCE

From Data To Decisions

Three-year aggregate for FY2024-25 requires the FY2022-23 audited statements, which were not among the 27 files provided. FY2023-24 and FY2024-25 are independently verified from 34960A.pdf; earlier-window figures previously shown here could not be traced to an uploaded source and have been removed.

Formula — OEI-MSCS Performance Framework 2023-24

Σ change in net assets, FY2022-23 + FY2023-24 + FY2024-25

Rating threshold: Aggregate three-year net income positive = Meets Standard

Source inputs

FY2022-23 change in net assets

Normalized field: net_income_fy23

FY2022-23 audited financial statements not in data room

— not provided — · — · PDF page 0 · FY2023 change in net assets

Confidence: Low · Gap identified · Approved

View source

FY2023-24 change in net assets

Normalized field: net_income_fy24

$4,345,928

34960A.pdf · Statements of Activities — comparative FY2024 column · PDF page 6 (printed page 5) · Change in net assets — $4,345,928

Confidence: High · Structured PDF text extraction · Approved

View source Open file

FY2024-25 change in net assets

Normalized field: net_income_fy25

$4,210,648

34960A.pdf · Statements of Activities · PDF page 6 (printed page 5) · Change in net assets — $4,210,648

Confidence: High · Structured PDF text extraction · Approved

View source Open file

Calculation

FY2022-23: NOT AVAILABLE — FY2022-23 audited statements were not provided in the data room
FY2023-24: $4,345,928 (audited, 34960A.pdf comparative column)
FY2024-25: $4,210,648 (audited, 34960A.pdf)
Two-of-three verified subtotal = $8,556,576 (positive)
Aggregate cannot be finalized until the FY2022-23 audit is supplied

OEI rating test

Aggregate three-year net income positive = Meets Standard

Insights rating:Unable to Validate

Comparison

$8,556,576 Partially validated across 2 of 3 years / Unable to Validate

Salesforce / CAP$4,210,648 (FY25 only)

Published OEI$4,378,601 (FY2021-23 window, 2023-24 report) / MS

Variance—

StatusMISSING SOURCE

CAP note: CAP pull contains single-year net income; no three-year aggregate is computed in Salesforce.

Reconciliation — Nsites vs OEI

$8,556,576 verified across FY2024–FY2025 vs $4,378,601 published for FY2021–FY2023

Difference: Different three-year windows — the figures are not comparable · Likely cause: Comparing different reporting periods · missing source

Nsites calculation

Nsites calculation — FY2024-25 window, verified years only

FY2022-23 change in net assets: Not available
FY2023-24 change in net assets (34960A.pdf, comparative): $4,345,928
FY2024-25 change in net assets (34960A.pdf): $4,210,648
Two-of-three subtotal: $8,556,576

Result

Unable to validate — 2 of 3 years

Unable to Validate

OEI published methodology

Published OEI CQ2 — FY2023-24 report

Published three-year aggregate: $4,378,601
Window covered: FY2020-21 through FY2022-23
Overlap with the Nsites window: None

Result

$4,378,601

MS — Meets Standard

Bridge between the two results

Reconciling item	Effect	Why the two calculations differ
Non-overlapping reporting windows	Whole difference	An earlier analysis compared these two totals and reported a $222,790 variance. That comparison mixed periods and is withdrawn: the numbers cover different years and cannot be reconciled arithmetically.
Missing FY2022-23 audited statements	Blocks the FY2024-25 aggregate	The FY2024-25 three-year total cannot be completed until the FY2022-23 audit is supplied.

Conclusion: No real variance is asserted. The item remains Unable to Validate pending the FY2022-23 audit and the FY2024-25 published CQ2CQ2 — Core Question 2 — Financial HealthThe financial-health section of the OEI performance framework. CQ2 covers near-term measures (current ratio, days cash, enrollment variance, default) and sustainability measures (total margin, debt-to-asset, debt service coverage ratio, cash flow). report.

Sequencing proof

1. Source documents ingested and classified.
2. Raw values extracted with page/cell coordinates.
3. OEI mapping and accounting treatment applied.
4. Formula executed — targets not in engine memory.
5. Nsites result locked 18:16:15 UTC.
6. Salesforce/CAP and published CQ2 revealed 18:16:44 UTC.

View full audit log →