A $2 BILLION DECISION: THE CASE FOR REFORMING NEW YORK’S CHARTER SCHOOL LAW, April 2010, New York State United Teachers report
…The Bronx Lighthouse Charter School is managed by the non-profit Lighthouse Academies, which collected at least $182,000 in management fees and bonuses in 2007 and $127,000 in management fees and bonuses in 2008. Lighthouse Academies has also extended the school a $230,000 loan. The Lighthouse CEO serves on the charter school’s board of trustees, as does a management consultant who is also on Lighthouse Academy’s national board. Another Bronx Lighthouse board member was paid as a consultant by the school to prepare its renewal application…