Reply to Eagle Academy Board votes to close school

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Reply to "Eagle Academy Board votes to close school"

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[quote=Anonymous]https://chairmanmendelson.com/2024/09/10/public-charter-school-board-response-re-eagle-academy/

Here is the PCSB's response to Mendelson's letter. So basically they were aware of problems in 2019, but then in 2021 stopped monitoring-- even though enrollment continued to drastically decline. The finances maybe seemed okay due to COVID funds but were not actually okay, is my suspicion. So then in 2022 PCSB resumed monitoring, as enrollment declined even more. But even though things continued to get worse in 2023, the PCSB did not require a Corrective Action Plan. It was only upon receiving the audited financial statements in January 2024 that the deficiencies in internal controls were identified. The CEO was removed, and Eagle;s Board oversight was revealed to be sorely lacking. In the end, an unexpected grant shortfall of $149,000 put them over the edge. There was still hope that the acquisition could happen, but yet another drop in enrollment made it even harder.

Of 362 Eagle students, 104 went to DCPS and 199 to other charters. A list of destination schools is given at the end.[/quote]

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