State of the Charter Report


Sustainability Ratio compares the amount of resources that are not already assigned such as to a loan payment (unrestricted assets) to the average monthly expenses



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2. Sustainability Ratio compares the amount of resources that are not already assigned such as to a loan payment (unrestricted assets) to the average monthly expenses. It indicates how many months a charter could financially function without revenue in a crisis. At least two month’s revenues are recommended by most analysts.


  • Hapeville’s numbers remain high due to additional grant income.

Since the December 2009 report:




  • All schools except FSAHS (TEACH) saw a decline in Sustainability as would be expected in this economic situation.

  • FSAHS dramatically improved since last year due to the resolution of their debt situation.







Amana

FSA HS

FSA MS

Hapeville

KIPP SFA

2010

1.41

3.38

1.60

18.51

1.53



















Chg. Since 2009

(0.77)

3.60

(0.25)

(2.36)

(0.49)



3. Occupancy Expenses indicate the percentage of the charter schools’ total revenue that goes toward facility costs. The national average is between 15% and 20%.


  • Amana and FSAHS Occupancy costs represent a serious financial strain on the organizations.

Since the December 2009 report:




  • All charters except FSAMS saw an increase in the percentage of their overall revenue that has to go toward occupancy.







Amana

FSA HS

FSA MS

Hapeville

KIPP SFA

2010

18%

21%

14%

5%

7%



















Chg. Since 2009

1%

4%

(1%)

2%

3%

4. Debt to Assets Ratio indicates the amount of debt in comparison to the amount of assets. A Debt to Asset ratio of 0 would indicate no debt. A ratio of 1.0 would indicate that for every one dollar of asset the charter school has, the school is in debt one dollar.


  • Both Hapeville and KIPP SFA own their facility which can be seen in their higher debt ratio.

  • Private industry standard is to maintain a Debt Ratio less than 1.0.

Since the December 2009 report:




  • All charters have decreased their debt ratio with the exception of Hapeville due to the opening of the new campus.







Amana

FSA HS

FSA MS

Hapeville

KIPP SFA

2010

0.09

0.01

0.05

0.60

0.59



















Chg. Since 2009

(0.03)

(1.07)

(0.05)

0.49

(0.17)


















Personnel Assessment

Start Up Charters Page
Start Up charter school employees are not employed by Fulton County School__Admins.__Salary_Aver.__Years_with_CS_Average__Staff'>School__Teacher_Salary_Average__Years_with_CS_Average__Years_Experience_Average'>School__Number__Of_Teachers__HQ__Not_HQ'>School and are under the control and management of the governing body of the charter. To meet our obligations to students and taxpayer, FCS does monitor the performance of these charter employees while still following the intent of the law that governing bodies have decision making authority in this area.


  • Charter schools may hire un-certified teachers and administrators unless otherwise prohibited by the requirements of a specific federal program.

  • However, teachers must be Highly Qualified (HQ) under the NCLB.

  • Teachers who do not meet the HQ standards have one year to come into compliance.

  • All charters have been notified of the particular concerns regarding specific personnel and the one year timeline.




School

Number

Of Teachers

HQ

Not HQ

Amana

38

27

11

FSAHS (TEACH)

22

21

1

FSAMS

37

32

5

Hapeville

35

24

11

KIPP SFA*

17

9

8

Main Street*

29

19

10

Sunshine

29

28

1

*does not include personnel employed by the EMO


  • Start up charters do not follow FCS salary guidelines.




School

Teacher Salary Average

Years with CS Average

Years Experience Average

Amana

$ 43,180

2

5

FSAHS (TEACH)

$ 36,454

2

4

FSAMS

$ 38,377

2

6

Hapeville

$ 39,936

2

4

KIPP SFA*

$ 54,321

3

7

Main Street

$ 48,757

N/A

not reported

Sunshine

$ 38,800

N/A

3

*does not include EMO personnel




School

Admins.

Salary Aver.

Years with CS Average

Staff

Salary Average

Years with CS Average

Amana

$ 78,547

4

$ 29,898

2

FSAHS (TEACH)

$ 80,000

2

$ 25,928

2

FSAMS

$ 58,750

7

$ 34,634

2

Hapeville

$ 75,000

5

$ 31,082

3

KIPP SFA*

$ 81,015

6

$ 30,754

3

Main Street*

$ 97,000

N/A

$ 40,395

N/A

Sunshine

$ 62,083

N/A

$ 38,800

N/A

*does not include EMO personnel




  • Start up charters display a wide variance in the staffing structures.




School

Student to Teacher

Teacher to Staff

Teacher to Administrator

Amana

13:1

3:1

10:1

FSAHS (TEACH)

11:1

3:1

22:1

FSAMS

14:1

2:1

9:1

Hapeville

27:1

2:1

9:1

KIPP SFA*

20:1

1:1

6:1

Main Street

19:1

2:1

29:1

Sunshine

15:1

6:1

15:1



Due to the confidential nature of personnel records collected, the worksheets used to compile the data in this report will not be made public. However, the following represents the template given to the charters to gather and analyze the information.


This information is gathered every October on every individual employed by the charter.
FCS personnel now confirm the status of each teacher listed by the charter with the Georgia Professional Standards Commission (GAPSC) database.


School ID #

Last Name

First Name

SSN

Gender

Race

Date of Birth

Full/Part Time

Job Code

Years with Charter

Annual Salary

Years of Teaching Experience

Primary Subject Matter

Certified

Certificate Type

Certificate Field

GAPSC APPROVED College/University Name

Degree Level

Academic Major(s)

GACE Content

SPED Multi-Subject

Lifetime Certificate

Retired Certified


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