The Denver Arts and Technology Academy's (DATA) Board of Directors voted to close the charter school at the end of this school year. Last February the Denver Public School's Board of Education voted to deny renewing DATA. They later allowed DATA to operate this year under a provisional contract.
The charter school has been on probation for academic reasons for several years and has been struggling with Mosaica Education, Inc.'s contract provisions. When DPS allowed DATA to operate this school year, the contract contained a provision that DPS would only deal with the charter governing board and not the management company. DATA pays Mosaica more than 16% of its operating budget for management services.
This year enrollment dropped precipitously after last spring's turmoil and tenuous future existence. This associated lack of funding caused financial problems for the charter school that apparently the governing board were insurmountable.