Southside Charter School

A $2 BILLION DECISION: THE CASE FOR REFORMING NEW YORK’S CHARTER SCHOOL LAW, April 2010, New York State United Teachers

…At the Southside Charter School in Syracuse, National Heritage Academies’ 100 percent share of revenue totaled $6.64 million in 2008-09.42 The school’s federal tax return, Form 990, was also filed out of Grand Rapids, Mich. and included occupancy charges of $1.8 million, $485,000 for “executive administration,” $183,000 in “professional fees,” as well as $197,000 for supplies, $118,000 for technology services, $112,000 for human resources and $77,000 for “school board oversight.” These and other fees totaled about $3.1 million of the school’s $6.64 million in revenue…

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