Reply to So this is where all the money is going at DC Charters?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]You can find the senior executives salaries on each school's 990.

Most are far below what these outliers are making.

The fact that teachers are not paid as well as DCPS is not news. [/quote]

they were paid a lot closer to DCPS before Michelle Rhee came in and delivered the new contract.   After the contract, DCPS teachers salaries for the most part had a significant change (much of it way overdue) - but Charters did not keep pace.[/quote]

One of the reasons for high teacher turnover at most charters. As soon as the teachers get a year or two experience - and if they're any good - the move to DCPS for a 20% or more pay bump and much better benefits. Teachers are worth it.

Not all charters are designed to funnel monies to founders and management companies, but the sector is so opaque it is difficult to know who the truly ethical operators are.[/quote]

Charters don't want to pay them, it's for profit so also find a way to get rid. They can get two newbie teachers for the cost of one experienced one. [/quote]

It really varies. You need to look at each charter's annual reports, which lists the average years of experience for teachers. Also, every charter in DC must be run by a nonprofit. A very small number employ for-profit management companies or turnaround consultants.

Finally a disproportionate amount of money available to charters goes to acquiring / renting, renovating, and upkeep of facilities. [/quote]

Not profit on paper, megabucks in reality. If you are paying the admin that much it is in name only...[/quote]

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