Fri Dec 7, 2012, 12:53 AM
madfloridian (79,835 posts)
Ohio's For-Profit White Hat Charter Schools nearing one billion in revenue from state.
According to this article, the group has been getting around 80 million a year from the state. Public money going to private business.
The owner, David Brennan, actually wears a white hat.
Picture from Ohio.com. White Hat was established in 1998 by Akron businessman David L. Brennan, who was a key advocate for introducing charter schools in Ohio. Like most charter schools, White Hat’s Hope Academies and Life Skills Centers are primarily funded by the state based on the number of pupils they enroll. The contracts between White Hat and the schools now suing allow the company to collect virtually all the funds and use them to run the schools.
White Hat Management nears ONE BILLION DOLLARS in charter school funding in Ohio
Congratulations are in order to Kasich pal David Brennan and his White Hat Management company for being awarded two more charter schools by the Ohio Department of Education despite the worst list of accomplishments we may have ever seen. And with these additional schools, it is likely that White Hat schools will top $1 billion in revenue in Ohio.
More about their revenues:
White Hat Management Company
The Schools Matter Blog has more about these schools, and a video is there about Governor Kasich and David Brennan.
Plumbing the Depths of the White Hat Charter School Sewer
The article points out that White Hat gets to keep their info secret from the public whose money they are taking. There have been lawsuits, not sure of their outcomes.
Earlier this month, Brennan successfully lobbied the GOP-led Ohio House for a amendment that would allow White Hat to keep secret details of how it spends the public money it receives to run its K-8 Hope Academies and its LifeSkills Center high schools, including Life Skills Center-Springfield at 1637 Selma Road. The legislation, contained in the House version of Gov. John Kasich’s two-year budget bill, is now before the Ohio Senate Finance Committee, where seven of the eight members of the Republican majority have received campaign contributions from Brennan.
Seems like they are getting much more by this year.
Here's the video from the link...And how are schools like pizza shops?
Things got so bad that White Hat was sued by 10 of its own charter schools...and that is really bad.
Akron's White Hat Charter School being sued by 10 of its schools for lack of accountability.
Stubbs, who sent his three children to Hope Academies and eventually sat on a number of White Hat school boards, said it took several years before some boards began to question why the schools continued to perform poorly. He said that when members started demanding more detailed accounting, the schools and the company began to clash.
13 replies, 1606 views
Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Ohio's For-Profit White Hat Charter Schools nearing one billion in revenue from state. (Original post)
|Starry Messenger||Dec 2012||#4|
Response to madfloridian (Original post)
Fri Dec 7, 2012, 12:32 PM
madfloridian (79,835 posts)
12. White Hat complains about other charter schools squeezing them out?
The new education "reforms" are supposed to be about "choice" and "competition", but White Hat schools don't like that. After all that profit they are complaining.
New charter schools squeezing White Hat
David Brennan warned his workers that cutbacks loom.
The company that helped launch the charter-school movement in Ohio now faces so much competition that its founder told employees they are “in a fight for our lives.”