The founder and Chief Executive of the embattled Inspire charter school network has resigned, Inspire officials have announced. Inspire announced his leave of absence days after the California Charter Schools Assn., which advocates for and supports charter schools, announced that it had expelled Inspire from its membership. Nichols was serving as the executive director of Inspire District Office, a nonprofit corporation that he helped to found that has been collecting 15% of Inspire schools’ revenue and was providing many services to Inspire schools. AdvertisementEducation officials have raised questions about Inspire District Office for its various financial transactions with Inspire schools and corporations affiliated with Inspire. Meanwhile, Inspire schools have engaged in heavy cash borrowing with an outside charter school capital firm and with related Inspire corporations.

Source: Los Angeles Times October 19, 2019 18:45 UTC