. . . .The school was found to have not met AYP in all three subgroups for mathematics achievement (i.e., allstudents, African-American students, and students that qualify for free or reduced price meals). In 2008, the school was found to have not met AYP in these same subgroups, but for English/Language Artsachievement. . . . .
While the school has made significant improvements during the last half of 2010, their weak financial
position, presence of multiple significant findings in its SBOA audits, difficulty in balancing the budget
without relying on private loans and lines of credit, difficulty in effectively managing financial systems,
and failure to fulfill financial reporting requirements results in KIPP Indianapolis receiving a Does Not
Meet Standard for fiscal health.
No targets have been established for student retention rates for KIPP Indianapolis. Retention rates remained relatively stable from 2004 to 2006, but have dropped precipitously since that time.
As part of its application for charter renewal, the school did not address the issues of student enrollment, attendance, or retention – despite being explicitly instructed to do so. Therefore, it is not possible to understand the school’s explanation of the declining retention or attendance, nor the consistent under-enrollment.
In summary, KIPP Indianapolis has been consistently under-enrolled during the past four years. The school’s attendance rate has fallen below the target established by the IDOE for the past two academic years. The school’s retention rate was above or near 70% for the first three years, but dropped each year since, reaching only 33.3% this past year. Accordingly, the school receives a Does Not Meet Standard for this indicator.