K-12 School Districts and State department of Education administrators are responsible for the proper stewardship of the funding provided to them.
If your state or district is looking for more granularity in reporting, or require better compliance to standard practices, we have right-fitting financial reporting support and systems available.
“Schoolnomics is powered by our In$ite® software, which was developed leveraging the patented methodologies developed by the U.S Chamber of Commerce and Coopers and Lybrand, the international accounting firm (now PricewaterhouseCoopers).
The National Center for Education Statistics has recognized In$ite for “school site reporting prowess.”
SchoolNomics provides relevant data for districts, schools and charter schools through three core products:
Education requires financial transparency. Using InSite, you can turn hard-to-comprehend data into easy-to-read reports, without the need for costly software conversions. All your stakeholders will have the data they need to analyze cost/benefit at the school, district and program levels.
Key Performance Indicators (KPI) can be used with INFORM® Learning System to perform analysis of financial data using In$ite and/or your district's financial information. Financial data can be analyzed with other sources of education data to perform on-the-fly cost benefit or return on investment analysis.
A Uniform Chart of Accounts (UCOA) applies granular, transparent and consistently uniform methodologies to compare spending district to district and school to school. Typically this service is only applied by states, but it may be of interest to a company that manages charter schools. UCOA uses In$ite, but has a broader and more granular database.
Our SchoolNomics professionals have experience providing assistance on federal compliance reporting. This service is available to states through In$ite and the Uniform Chart of Accounts (UCOA).
Contact us for an example
