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2008 Annual Survey & Analysis of SMO-Managed Networks of Schools

In the 2008 Survey & Analysis of SMO-Managed Networks of School – our 1st -- RSS analyzed the financial and operating structure of ten SMO-managed networks, including four EMOs and six CMOs.  This syndicated research project was conducted with partners Civitas, Green Dot, High Tech High, IDEA, National Heritage Academies, Noble Network, See Forever/Maya Angelou, United Neighborhood Organizations (UNO), Victory Schools, and White Hat Management. 
                                                 
With detailed operating and financial data that has not been previously published, this report captures the financial, operating, and capital expense data of these organizations from FY08, presented in over 50 metrics, including sections comparing the performance of EMO and CMO sectors, and a subsection focusing on Chicago-based charter organizations.  Among the key findings in the report were information on the amount of operating philanthropy consumed on a per pupil basis by CMOs, and the relative academic performance of CMOs to EMOs. 

"The conclusions were interesting and provocative. The connection between cost per pupil and achievement was extremely timely and we are in the middle of a review of that. We want to move our students faster. This will help. Also useful are the implications around philanthropy and growth and performance...it's been really helpful to have this as part of our strategic planning, especially the link between investment and student outcomes."Lucretia Murphy, Executive Director, See Forever Foundation and Maya Angelou Public Charter Schools, Washington
"We found the report filled with useful information. Our board has asked me to re-review the report and identify the most critical benchmarks our organization should be measuring itself against."Ron Manderschied, Vice-Chair of the Board, Noble Network of Charter Schools, Chicago
"We got a number of 'aha's' from the report. We broke it down to our needs: revenue, governance, fees, academics. These 'aha's' opened our minds and eyes to things we might take a second look at, including looking at size and how to create sub-networks, and the economy of scale/quality of service issue. This economy of scale issue is critical to us, and this report is causing us to think about our organization and our strategies in new ways."Al Andino, VP for Strategic Partnerships, Institute for Student Achievement, New York
"The results of this study make clear that the division between not-for-profit and for-profit management organizations is a canard. Superintendents, school boards, and mayors looking to engage outside partners to move their schools forward need to read this study before acting."Margaret Harrington, Chief Operating Officer, Victory Schools, New York