The largest charter chain in Utah is American Prepartory Academy. It is operated by a for-profit entity. The schools are very profitable. The owners keep their operations secret, as they probably assume that the public would not be happy to learn how much tax dollars go into their bank accounts, not the schools.

One of its founders and its Executive Director, Carolyn Sharette, is also the registered agent of a for-profit management company, American Preparatory Schools, Inc., which will charge the school $5,805,200 for the 2018-2019 school year. That’s a bump up from the $4.6 million the company got last year.

Where’s the money going?

State funding, your taxpayer dollars, comprise 88 percent of American Prep’s budget. But what do the students get with that money?

Sharette isn’t telling – and she doesn’t have to. The State Charter School Board does not demand accountability from contracted companies working for the school.
The Board told KUTV’s Beyond the Books that it monitors a charter school’s student performance and adherence to its charter and state and federal rules. But Sharette’s for-profit company is beyond its reach.

It’s also a family affair. Two of Sharette’s siblings, brother Howard Headlee and sister Laura Campbell, are co-founders of American Prep.

Sharette and Campbell sit on its executive board. Headlee registered three 501(c)3 companies that own the school’s property and buildings and lease them back to the schools. And at least two of Sharette’s children have been employed by the for-profit management company, American Preparatory Schools, Inc.

Where’s your tax money going, Utah citizens?

None of your business!

Once it goes to this charter chain, there is no accountability.