North Carolina’s Largest Voucher School Embroiled in Financial Scandal, Files Incomplete Returns

Diane Ravitch's blog

Veteran journalist Lindsay Wagner writes that Fayetteville’s Trinity Christian School–the state’s largest recipient of taxpayer-funded vouchers–is involved in a major financial scandal. North Carolina places no accountability for how taxpayer money is used or whether students make academic progress. The voucher schools get taxpayer money with neither accountability nor transparency.

North Carolina’s largest recipient of private school vouchers has filed a financial review that lacked basic information consistent with “generally accepted accounting principles,” according to the agency overseeing the taxpayer-funded program.

Because Fayetteville’s Trinity Christian School—also currently embroiled in a separate embezzlement scandal—received more than $300,000 in voucher funds during the 2015-16 academic year, it is required to submit a financial review of their organization.

According to records provided by the State Education Assistance Authority (SEAA), the agency tasked with overseeing the voucher program, the financial review submitted last December lacked crucial elements typically found in such statement including…

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