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June 20, 202514 min read

Performance Metrics for Charter Schools: What Gets Measured Gets Managed

Authorizers evaluate charter schools on specific metrics. Understanding these measures—and building internal systems to track them—positions schools for success in high-stakes accountability environments.

Performance Metrics for Charter Schools: What Gets Measured Gets Managed

Metrics Shape Behavior

The metrics authorizers track inevitably shape school priorities. Understanding which metrics matter most—and why—helps charter leaders make strategic decisions that serve both accountability requirements and genuine educational quality.

Every charter performance framework includes dozens of metrics. Some matter more than others. Some are calculated in ways that aren't immediately obvious. Some carry automatic consequences while others provide context. Knowing the difference is essential.

Academic Performance Metrics

Proficiency Rate

The percentage of students scoring at or above "proficient" on state assessments. This is the most visible metric, often driving public perception and policy decisions.

How it's used: Compared to authorizer targets, district averages, state averages, and similar schools. Disaggregated by subject, grade, and student subgroup.

Limitations: Doesn't capture student growth. Can penalize schools serving students who start far behind.

Student Growth Measures

Growth metrics show how much students learned, regardless of starting point. Common measures include Student Growth Percentiles (SGP) and value-added models.

How it's used: Shows whether school accelerates learning. Particularly important for schools serving students who start below grade level.

Limitations: Requires multiple years of data. Complex calculations can be difficult to explain.

Subgroup Performance

Achievement and growth disaggregated by student groups: race/ethnicity, income status, English learners, and students with disabilities.

How it's used: Demonstrates whether school serves all students equitably. Achievement gaps are tracked and expected to narrow.

Graduation Rate

For high schools, the four-year adjusted cohort graduation rate is a critical metric. Extended rates (five- and six-year) may also be tracked.

How it's used: Compared to district and state rates. Disaggregated by subgroup. Trend tracked over time.

Common Academic Metrics

Metric Measures Typical Comparison
Proficiency Rate % meeting standard District, state, target
Growth Percentile Progress vs. peers 50th percentile = typical
Graduation Rate % completing HS District, state rates
College Readiness SAT/ACT benchmarks % meeting benchmarks

State Accountability Monitoring

Stay ahead of CSI/TSI designations and meet authorizer requirements with real-time monitoring.

Monitor Accountability

Financial Metrics

Current Ratio

Current assets divided by current liabilities. Measures ability to meet short-term obligations. A ratio above 1.0 indicates positive liquidity; most authorizers want 1.1 or higher.

Days Cash on Hand

Number of days the school could operate using only current cash reserves. Authorizers typically want 30-90 days minimum.

Debt Service Coverage Ratio

For schools with debt, this measures ability to meet debt payments from operating income. Ratio above 1.0 means income covers debt service.

Enrollment Stability

Compares actual enrollment to budgeted enrollment. Since funding follows enrollment, significant shortfalls create financial stress.

Operational Metrics

Attendance Rate

Average daily attendance as percentage of enrollment. Both overall rates and chronic absenteeism (students missing 10%+ of days) are tracked.

Re-enrollment Rate

Percentage of students who return the following year. Low re-enrollment suggests dissatisfaction or school climate issues.

Discipline Rates

Suspension and expulsion rates, overall and by subgroup. High rates or significant disparities raise concerns.

Staff Retention

Teacher turnover rates. High turnover affects instruction quality and suggests organizational problems.

Success Stories

See how Michigan charter schools are achieving results with AcumenEd.

Read Case Studies

Building Internal Tracking Systems

Know Your Framework

Obtain your authorizer's complete performance framework. Understand exactly how each metric is calculated, what data sources are used, and what targets apply.

Create Dashboards

Build internal dashboards that track the same metrics your authorizer will evaluate. Leadership should review key metrics regularly, not just at renewal.

Set Internal Targets

Don't just track to authorizer minimums. Set ambitious internal goals that exceed authorizer expectations.

Connect Metrics to Action

When metrics show problems, respond. Build processes that translate metric monitoring into improvement actions.

Performance metrics are the language of charter accountability. Schools that speak this language fluently—tracking what matters, understanding the numbers, and responding to what they reveal—are schools that thrive in high-stakes environments.

Key Takeaways

  • Academic metrics include proficiency, growth, subgroup performance, and graduation rates—understand how each is calculated.
  • Financial metrics assess liquidity, sustainability, and enrollment stability.
  • Operational metrics like attendance, re-enrollment, and discipline rates signal school health.
  • Build internal tracking systems that mirror authorizer frameworks for proactive management.

Dr. Sarah Chen

Chief Education Officer

Former school principal with 20 years of experience in K-12 education. Dr. Chen leads AcumenEd's educational research and curriculum alignment initiatives.

Charter School AccountabilityPerformanceMetricsCharterSchools

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