Is MEI a non-profit company?
A. Each charter school is a nonprofit school as required by law, with an independent board of trustees. That board of trustees of the nonprofit charter school is permitted to contract out with any for-profit or non-profit entity for goods or services. This proposed charter school has or will soon enter into a management agreement through which it will contract for educational and administrative services with Mosaica Education, Inc., a for-profit education management organization. In order for MEI to be successful, all of the schools managed by MEI must be successful.
