Why do some public charter schools close?

There are three primary reasons that a school's charter is revoked. The first reason is the school does not meet its charter goals. For example, if a charter school does not meet its academic achievement expectations, it no longer meets the standard for charter renewal set out in the DC School Reform Act of 1995 (SRA). The second reason is that a school does not comply with the law. The third reason involves fiscal mismanagement. Under the School Reform Act, DC PCSB Board must revoke a school’s charter if it determines the school has engaged in a pattern of fiscal mismanagement and may revoke a school’s charter if the school has committed a violation of applicable law.