Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote: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.
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.
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.
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.
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.
Not profit on paper, megabucks in reality. If you are paying the admin that much it is in name only...
Anonymous wrote:Anonymous wrote:Anonymous wrote:Wait so the KIPP Ed (runs 16 very small schools) makes more than the DCPS Chancellor?? How does this make sense?
The KIPP DC ED also has 20-year tenure and a whole host of responsibilities that the Chancellor doesn't. Their budget is nearly $130 million dollars a year. Let's consider the size and compensation of other similarly sized nonprofits in DC.
American Association for the Advancement of Science - $108,000,000 budget - CEO makes nearly 1.2 million dollars
Laborers' International Union of HCL - $76,000,000 budget - President makes $718,871
Special Olympics - $103,000,000 budget - CEO makes $414,853
American Institute of Architects - $76,000,000 budget - CEO make $641,757
Nonprofit boards have a set of legally mandated responsibilities when determining executive compensation or they risk losing their c3 designation. This really is a non-issue and just an example of people not knowing what they are talking about.
But schools are public institutions that are funded per pupil through tax dollars. Not through endowments and philanthropy. Is there no common sense? The CEO and the president and the CAO and the VP and and and all make salaries higher than the DCPS chancellor at KIPP. Same at Frienship and DC Prep too? Do the parents of KIPP kids know that? I don’t think these dollar amounts are reasonable.
Anonymous wrote:Anonymous wrote:One should also bear in mind that charters get less funds per student than DCPS schools do, along with having to foot the bill for facilities, which is separately funded on top of per-student funding on the DCPS side. If people think money is getting wasted in charters, you should start looking into how much money is going into DCPS schools.
X1000
DC funds the charter schools at a rate that is supposed to be equivalent to the per pupil cost of educating a DCPS student. However, this amount represents only the marginal cost. It is also about $2k less than what MoCo reports spending per student.
When you hear stories of charters that are supposedly rolling in money, they are usually schools that are part of large networks that receive extensive private funding. It’s not tax dollars that are paying salaries, but grants from national foundations and sizeable donations.
Anonymous wrote:One should also bear in mind that charters get less funds per student than DCPS schools do, along with having to foot the bill for facilities, which is separately funded on top of per-student funding on the DCPS side. If people think money is getting wasted in charters, you should start looking into how much money is going into DCPS schools.
Anonymous wrote:One should also bear in mind that charters get less funds per student than DCPS schools do, along with having to foot the bill for facilities, which is separately funded on top of per-student funding on the DCPS side. If people think money is getting wasted in charters, you should start looking into how much money is going into DCPS schools.
Anonymous wrote:Take a deep breath, everyone. If you look at the 990s of all the DC charter schools, where the salary is listed for the head/executive director, you'll see that approximately 90% +/- earn less than a DCPS principal. The problem is with a small number of schools that warrant attention.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Wait so the KIPP Ed (runs 16 very small schools) makes more than the DCPS Chancellor?? How does this make sense?
The KIPP DC ED also has 20-year tenure and a whole host of responsibilities that the Chancellor doesn't. Their budget is nearly $130 million dollars a year. Let's consider the size and compensation of other similarly sized nonprofits in DC.
American Association for the Advancement of Science - $108,000,000 budget - CEO makes nearly 1.2 million dollars
Laborers' International Union of HCL - $76,000,000 budget - President makes $718,871
Special Olympics - $103,000,000 budget - CEO makes $414,853
American Institute of Architects - $76,000,000 budget - CEO make $641,757
Nonprofit boards have a set of legally mandated responsibilities when determining executive compensation or they risk losing their c3 designation. This really is a non-issue and just an example of people not knowing what they are talking about.
But schools are public institutions that are funded per pupil through tax dollars. Not through endowments and philanthropy. Is there no common sense? The CEO and the president and the CAO and the VP and and and all make salaries higher than the DCPS chancellor at KIPP. Same at Frienship and DC Prep too? Do the parents of KIPP kids know that? I don’t think these dollar amounts are reasonable.
Anonymous wrote:Anonymous wrote:Wait so the KIPP Ed (runs 16 very small schools) makes more than the DCPS Chancellor?? How does this make sense?
The KIPP DC ED also has 20-year tenure and a whole host of responsibilities that the Chancellor doesn't. Their budget is nearly $130 million dollars a year. Let's consider the size and compensation of other similarly sized nonprofits in DC.
American Association for the Advancement of Science - $108,000,000 budget - CEO makes nearly 1.2 million dollars
Laborers' International Union of HCL - $76,000,000 budget - President makes $718,871
Special Olympics - $103,000,000 budget - CEO makes $414,853
American Institute of Architects - $76,000,000 budget - CEO make $641,757
Nonprofit boards have a set of legally mandated responsibilities when determining executive compensation or they risk losing their c3 designation. This really is a non-issue and just an example of people not knowing what they are talking about.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Wait so the KIPP Ed (runs 16 very small schools) makes more than the DCPS Chancellor?? How does this make sense?
The KIPP DC ED also has 20-year tenure and a whole host of responsibilities that the Chancellor doesn't. Their budget is nearly $130 million dollars a year. Let's consider the size and compensation of other similarly sized nonprofits in DC.
American Association for the Advancement of Science - $108,000,000 budget - CEO makes nearly 1.2 million dollars
Laborers' International Union of HCL - $76,000,000 budget - President makes $718,871
Special Olympics - $103,000,000 budget - CEO makes $414,853
American Institute of Architects - $76,000,000 budget - CEO make $641,757
Nonprofit boards have a set of legally mandated responsibilities when determining executive compensation or they risk losing their c3 designation. This really is a non-issue and just an example of people not knowing what they are talking about.
Take a deep breath, everyone. The $ inequity rests with a few schools. Looking at the 990s for the universe shows roughly 90+% with the heads/executive directors earning less than a DCPS principal.
bullsh*t. just because some executives are overpaid does not mean that charter executives should be overpaid. also, charters are PUBLIC institutions, ultimately. their pay should mirror DCPS -- both teachers and admins. 1.2 mil comp for a nonprofit with a budget of 130 mil is obscene.
Where do you get overpaid from? They're actually paid for a job that is difficult, in a city that is expensive to live in. You want some margarita with that salt? lol
If you can't see overpaid in those nonprofit salaries, I don't know what to tell you. 1% of your entire org's annual budget going to CEO comp is obscene.
Also again, charters are PUBLIC institutions. Charter leaders should not be enriched with private-sector level salaries.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Wait so the KIPP Ed (runs 16 very small schools) makes more than the DCPS Chancellor?? How does this make sense?
The KIPP DC ED also has 20-year tenure and a whole host of responsibilities that the Chancellor doesn't. Their budget is nearly $130 million dollars a year. Let's consider the size and compensation of other similarly sized nonprofits in DC.
American Association for the Advancement of Science - $108,000,000 budget - CEO makes nearly 1.2 million dollars
Laborers' International Union of HCL - $76,000,000 budget - President makes $718,871
Special Olympics - $103,000,000 budget - CEO makes $414,853
American Institute of Architects - $76,000,000 budget - CEO make $641,757
Nonprofit boards have a set of legally mandated responsibilities when determining executive compensation or they risk losing their c3 designation. This really is a non-issue and just an example of people not knowing what they are talking about.
Take a deep breath, everyone. The $ inequity rests with a few schools. Looking at the 990s for the universe shows roughly 90+% with the heads/executive directors earning less than a DCPS principal.
bullsh*t. just because some executives are overpaid does not mean that charter executives should be overpaid. also, charters are PUBLIC institutions, ultimately. their pay should mirror DCPS -- both teachers and admins. 1.2 mil comp for a nonprofit with a budget of 130 mil is obscene.
Where do you get overpaid from? They're actually paid for a job that is difficult, in a city that is expensive to live in. You want some margarita with that salt? lol
If you can't see overpaid in those nonprofit salaries, I don't know what to tell you. 1% of your entire org's annual budget going to CEO comp is obscene.
Also again, charters are PUBLIC institutions. Charter leaders should not be enriched with private-sector level salaries.