Take, for example, the IRS Form 990, a required federal filing for tax-exempt organizations. Every year, non-profit entities that operate charter schools must file 990 forms, which contain detailed information on corporate spending, governance policy and leadership compensation, among other things. The information on these forms is accessible to the public via the non-profits' Web sites.
Public charter schools face just as much accountability as any other public entity. Our problems are not buried beneath bureaucracy, as the problems at Green Dot that have recently come to light illustrate. Our issues are brought to the surface and dealt with appropriately, proactively, judiciously and publicly.
...Green Dot initiated an internal review of expenses and as a result, founder Steve Barr repaid about $51,000 to his organization. Simply stated, charter schools work well and are more able to do their jobs and get results without piling on additional layers of bureaucracy.
charter schools operated by non-profit entities arguably have more disclosure requirements imposed on them than traditional public schools, as they must also comply with the requirements of non-profit corporation law.
Charter schools have every incentive to maintain that freedom by being effective self-policers in addition to complying with the accountability measures I've described