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
School Revenues in Ohio since 1999: $818,919,080.00
"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.”
White Hat Management must increase enrollment and profit to save jobs, founder David Brennan told employees in a memo last month. He wrote that he has invested more than $50 million in the Akron-based company but can’t put more in.
His subsidies will last White Hat only through June 2013, Brennan said."